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<p>[QUOTE=&quot;medoraman, post: 1216914, member: 26302&quot;]Yeah, if it was blatant. I agree its risky. I was just throwing out what I have done before. I do not feel bad about it since it was at a small local show and the dealers were truly ripping the people off, so I started telling them I would look and make them an offer in private. This was in the mid 90&#039;s and dealers were offering people $3 for BU morgans, and 2x face for silver. I bought quite a bit of stuff from heirs who would otherwise received half or less wholesale from those dealers. If it makes you feel better, I started renting a table at the show and simply putting up a sign saying &quot;buying&quot; and sit there and read a book. The rent was only $25. The favorite &quot;thing&quot; I bought was a group of FE cents that some dude put together. Evidently he just loved FE cents and didn&#039;t care the grade. The bag had about 400 in it, from AG to fine or so. Other dealers offered him from $100 to $160 for the whole bag, I thought I did well paying him $300 for it.</p><p><br /></p><p>The problem with &quot;its a live and learn&quot; hobby is that heirs do not have a second shot. They have one opportunity to sell at a fair price, and if they get scammed, (and eventually they will learn they were), these dealers give the whol hobby a black eye. I do not feel 1% concerned if I prevented a dealer from stealing money from a widow, and from the reactions of people I bougth from they genuinely seemed happy I was helping them.</p><p><br /></p><p>I have lots of dealer friend, have bought and sold, (mostly bought), more than the average collector probably, but have absolutely zero sympathy for the sharks. I love this hobby, but there is, and has always been, way too many sharks willing to take advantage for my taste. If the person walks into someones store, I will nto say a word. If they are walking into a public venue and I see they are being scammed, I will try to help the people out. I even advertise on CL and places helping out people who inherit coins to make sure they get fair value. The dealer needs to make a living, but paying one third wholesale to a little old lady is crossing the line to me. Would you say nothing at a car swap about a shady dealer trying to buy her deceased husband&#039;s GTO for $3k?[/QUOTE]</p><p><br /></p>

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