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<p>[QUOTE="-jeffB, post: 2705638, member: 27832"]I had to hit that Like button, because I <i>do</i> like being made to think about ethical issues like this. I'm not always satisfied with the results, but I always feel like it's useful.</p><p><br /></p><p>A couple of examples from my own experience:</p><p><br /></p><p>I bought a multi-pound bag of cull coins from a jeweler on the opposite coast. It was accurately described and pictured in the auction. I paid less than $200. One of the coins was a holed and engraved trade dollar that turned out to be a proof-only issue. I got it authenticated at PCGS, and sold it for around $700. Did I owe something to the dealer who sold it to me? I don't think so, and I'd be surprised if anyone disagreed.</p><p><br /></p><p>I bought a lot labeled as "1995 proof coins", BIN around $12 including shipping. It included a clad 1995 proof set and a 1995 proof ASE, which seems to trade around $50-60. Should I have sent more money to the seller, or told him to cancel the sale and relist with a more descriptive title? Maybe -- but I didn't.</p><p><br /></p><p>Does buying underpriced BIN lots make me a bad person? I hope not, but maybe sometimes...?[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2705638, member: 27832"]I had to hit that Like button, because I [I]do[/I] like being made to think about ethical issues like this. I'm not always satisfied with the results, but I always feel like it's useful. A couple of examples from my own experience: I bought a multi-pound bag of cull coins from a jeweler on the opposite coast. It was accurately described and pictured in the auction. I paid less than $200. One of the coins was a holed and engraved trade dollar that turned out to be a proof-only issue. I got it authenticated at PCGS, and sold it for around $700. Did I owe something to the dealer who sold it to me? I don't think so, and I'd be surprised if anyone disagreed. I bought a lot labeled as "1995 proof coins", BIN around $12 including shipping. It included a clad 1995 proof set and a 1995 proof ASE, which seems to trade around $50-60. Should I have sent more money to the seller, or told him to cancel the sale and relist with a more descriptive title? Maybe -- but I didn't. Does buying underpriced BIN lots make me a bad person? I hope not, but maybe sometimes...?[/QUOTE]
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