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<p>[QUOTE="andyj107, post: 20095, member: 1507"]cush--I really don't want to discuss market ethics, which is an oxymoron anyway. Let's deal with the reality: I sell coins on ebay to a mass market--a worldwide market. The buyer is protected by the reputation of the institution, ebay, which wouldn't last a single day if there weren't enough honest sellers in it to provide the reputation. Individual sellers may be crooked or they may not be; indeed it IS the buyer's responsibility to discern the difference.</p><p><br /></p><p>If I offer melt coins and provide touched-up photos and glossy descriptions, if I attribute overblown grades to those coins and sell them to a trusting, novice collector who then decides the world is injust and all coin sellers are crooks--don't you think the institution, ebay, even in its own self- interest, ought to provide me a penalty? Should they not encourage me to do the opposite? </p><p><br /></p><p>Without an incentive to be honest, other than the fundamentally irrational control of one's own conscience, Adam Smith's free market par excellence, ebay, would be even more of a jungle. The fact remains, there are honest sellers, good people, conscientious folks, trying to find a place there for themselves. And it isn't easy. --andy[/QUOTE]</p><p><br /></p>
[QUOTE="andyj107, post: 20095, member: 1507"]cush--I really don't want to discuss market ethics, which is an oxymoron anyway. Let's deal with the reality: I sell coins on ebay to a mass market--a worldwide market. The buyer is protected by the reputation of the institution, ebay, which wouldn't last a single day if there weren't enough honest sellers in it to provide the reputation. Individual sellers may be crooked or they may not be; indeed it IS the buyer's responsibility to discern the difference. If I offer melt coins and provide touched-up photos and glossy descriptions, if I attribute overblown grades to those coins and sell them to a trusting, novice collector who then decides the world is injust and all coin sellers are crooks--don't you think the institution, ebay, even in its own self- interest, ought to provide me a penalty? Should they not encourage me to do the opposite? Without an incentive to be honest, other than the fundamentally irrational control of one's own conscience, Adam Smith's free market par excellence, ebay, would be even more of a jungle. The fact remains, there are honest sellers, good people, conscientious folks, trying to find a place there for themselves. And it isn't easy. --andy[/QUOTE]
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