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<p>[QUOTE="medoraman, post: 1217715, member: 26302"]Well, I posted I only did it because in that particular show the public was getting fleeced, and after a show or two I bought a table. I also said that I would never consider doing that in or near or around a coin shop, just this public show.</p><p><br /></p><p>If you think what I did was wrong so be it. I just could not stand seeing unknowledgable general public being offered 1/4 wholesale. To me that is not business it is theft.</p><p><br /></p><p>Listen, I had experience running a show, so I know what you are saying. However, in the show I helped organize and run, if we heard about a little old lady getting ripped off we stopped it. I had an incident where a dealer was telling a 80 year old lady that her husband's bust halves were only worth $5 and he was being nice offering that to her. This was in the 90's and the halves were original AU-BU. One of the club members overheard it, and before she sold them we stopped the deal, had the dealer leave, and took her over to another dealer at the show to buy them, (he paid her about $60 each). That dealer was not permitted to return to future shows. Our show was the most popular in the state after the state ANA show, and we liked to think its because we helped protect the public. To this day this show has waiting lists for dealers to get in.</p><p><br /></p><p>Think what you like, but I sleep well at night. Dealers need to make money, I have written over and over how its standard that they pay half retail on average for coins and that is fine and dandy. Stopping a dealer from scamming clueless little old ladies by paying 5% retail to me is not "business" its theft, and I for one will not tolerate in my show, and I refuse to tolerate it if I am knowledgable about it and its in public. I have also participated in stings concerning "gold buyers" as well. Is that wrong of me as well?</p><p><br /></p><p>Sorry, this is just a hot button for me because of the sleeziness it brings to our hobby's reputation. </p><p><br /></p><p>In short, if a dealer is conducting business in his shop I say nothing ever, if he is conducting business in public and it seems to be "reasonable" I say nothing since that is rude and wrong, but if someone is scamming innocents in public I will not keep silent. "Scamming" is not offering $40 for a $100 coin, it is offering $4 for a $100 coin to someone who is not a knowledgable collector. This happens quite a bit, and I just cannot stand by if I know of it. I would hope most here could not as well.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1217715, member: 26302"]Well, I posted I only did it because in that particular show the public was getting fleeced, and after a show or two I bought a table. I also said that I would never consider doing that in or near or around a coin shop, just this public show. If you think what I did was wrong so be it. I just could not stand seeing unknowledgable general public being offered 1/4 wholesale. To me that is not business it is theft. Listen, I had experience running a show, so I know what you are saying. However, in the show I helped organize and run, if we heard about a little old lady getting ripped off we stopped it. I had an incident where a dealer was telling a 80 year old lady that her husband's bust halves were only worth $5 and he was being nice offering that to her. This was in the 90's and the halves were original AU-BU. One of the club members overheard it, and before she sold them we stopped the deal, had the dealer leave, and took her over to another dealer at the show to buy them, (he paid her about $60 each). That dealer was not permitted to return to future shows. Our show was the most popular in the state after the state ANA show, and we liked to think its because we helped protect the public. To this day this show has waiting lists for dealers to get in. Think what you like, but I sleep well at night. Dealers need to make money, I have written over and over how its standard that they pay half retail on average for coins and that is fine and dandy. Stopping a dealer from scamming clueless little old ladies by paying 5% retail to me is not "business" its theft, and I for one will not tolerate in my show, and I refuse to tolerate it if I am knowledgable about it and its in public. I have also participated in stings concerning "gold buyers" as well. Is that wrong of me as well? Sorry, this is just a hot button for me because of the sleeziness it brings to our hobby's reputation. In short, if a dealer is conducting business in his shop I say nothing ever, if he is conducting business in public and it seems to be "reasonable" I say nothing since that is rude and wrong, but if someone is scamming innocents in public I will not keep silent. "Scamming" is not offering $40 for a $100 coin, it is offering $4 for a $100 coin to someone who is not a knowledgable collector. This happens quite a bit, and I just cannot stand by if I know of it. I would hope most here could not as well.[/QUOTE]
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