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<p>[QUOTE=&quot;chip, post: 1247540, member: 19122&quot;]I think most people today would give the fellow 20 dollars and send him on his way. Perhaps most run of the mill dealers also would do that. Lets pretend that the coin can be sold all day for 950, this means that the dealer makes 930 one time. </p><p><br /></p><p>On the other hand, if the dealer is an honest man takes the coin and writes the man a check or gives him 470 in cash, that man will tell his friends how he made out, and that word of mouth is priceless. People will talk and give recommends when they feel that they have been treated fairly. This might make the dealer more money IN THE LONGER TERM than if he had just taken advantage of the mans ignorance.</p><p><br /></p><p>So lets say the dealer takes the coin, shoots the man a twenty, and the guy happens to talk to someone and say, I sold an old penny I found for 20 dollars, It was a 1909 with an s under the date and the initials vdb on the back, his friend says, man you got taken, that coin is worth a lot more money than 20 dollars, really the guy says how much is it worth, well it depends on condition but even a really bad one can get a few hundred dollars, well the guy does not say, I asked the guy for 20 so I cant blame him. The guy is going to say, joe coin dealer ripped me off, that crook practically stole from me.</p><p><br /></p><p>So that guy is not gonna recommend that dealer, if he runs into another guy with a rare coin he is going to tell him do not go to that guy he is a crook, he ripped me off.</p><p><br /></p><p>It reminds me of a story, a guy gets up and checks the local ads in the paper, he sees an ad for a brand new Bentley, the ad says 50 dollars, he thinks, they must mean 50 thousand but he calls the number, he says the price in the paper says 50 dollars, is that price right, the woman on the other end of the phone says yes it is, he says I will be right over, he goes over and pays the woman 50 dollars and says, maam I have to tell you, this car is worth 50 thousand, why are you selling it so cheap, the woman says, it was my husbands car, he went on a trip to Mexico with his secretary, he got in trouble and called me and told me to sell the car and send him the money.[/QUOTE]</p><p><br /></p>

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