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<p>[QUOTE="clembo, post: 881274, member: 8033"]This already happens everyday. Dealers have incentive to be fair it's up to them how to go about it. Of the four dealers in my area I only went to two before I began working for one. My personal feelings and word of mouth influenced me.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Easy to say but does everyone have the same definition or paramaters when it comes to ethical?</p><p>The OP refers to a dealer local to his mom and yes his offer/appraisal was pathetic. However should his name be smeared all over the internet for people to "make decisions by gathering data"? Sure, why not I suppose but remember that the "data" would most likely be what someone has to say about a dealer most will never encounter.</p><p>I'll gladly admit that I have no love for the guys on TV, companies such as Littleton and outfits like Cash4Gold.</p><p>It's easy because I can back it up. I KNOW we'll pay way more than the TV Gold buyers. I know that large outfits charge too much because we, at times, sell to them because they pay high. They are also notorious for paying slow as well.</p><p><br /></p><p>Ripping into a brick and mortar store on the basis of what one or two people has to say is another animal.</p><p><br /></p><p><br /></p><p><br /></p><p>I still buy from dealers. My boss and the guy I used to frequent before I started where I am now. They respect me and I respect them.</p><p>My boss makes money on anything I buy unless he's in a great mood. I have no problem with that as if he weren't there I wouldn't see those coins.</p><p>If he wants too much I just say no.</p><p><br /></p><p><br /></p><p><br /></p><p>Even though we're talking about buying here - what a great idea! Just so happens I pretty much do this on a daily basis and I KNOW I'm not the only one.</p><p>Realize that MOST that come into sell coins are NOT avid collectors. These are generally the people that are convinced you're trying to rip them off because you don't pay full book or internet value. They tend to look at the highest price and expect that.</p><p>Don't get me wrong many actually DO understand when given a quick lesson however many don't. Nothing like having these people bad mouth you.</p><p><br /></p><p><br /></p><p><br /></p><p>I don't know how does it? You're comparing apples to oranges here I'm afraid. You've taken my example of a 1932D Washington quarter and applied it to the 1877 IHC.</p><p>I have already stated that $7 for the 1877 IHC was pathetic. At NO point did I say it would go for less on ebay.</p><p>I DID say that a 1932D Washington quarter in G4 would go for less than $162 on ebay. Apples and oranges.</p><p><br /></p><p><br /></p><p><br /></p><p>You're right dealers should maintain a strong code of ethics and they do have to eat. So do used car salesman, pawn shop owners, resale shops, antique malls and the list goes on and on and on.</p><p>One may as well start a smear campaign against any business they choose but let me ask this.</p><p>Does that make the person starting the campaign any better in a moral and ethical sense than the people they attack?</p><p><br /></p><p><br /></p><p>To summarize. At no point did I say ALL dealers are great guys because they aren't. I've met my share of bad dealers. Even when I go to shows I generally only deal with a few.</p><p>I don't go around smearing the names of those I don't frequent though. I just don't deal with them or thank them for their time and move on.</p><p><br /></p><p>I have worked many different jobs in my lifetime. I'll soon be 48 years old and have spent but the last two years of my life employed in a coin shop.</p><p>Be a dealer honest or not so honest we all basically run into the same situations on any given day. Until one has been on the other side of the counter one really doesn't know. I still learn at work everyday.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 881274, member: 8033"]This already happens everyday. Dealers have incentive to be fair it's up to them how to go about it. Of the four dealers in my area I only went to two before I began working for one. My personal feelings and word of mouth influenced me. Easy to say but does everyone have the same definition or paramaters when it comes to ethical? The OP refers to a dealer local to his mom and yes his offer/appraisal was pathetic. However should his name be smeared all over the internet for people to "make decisions by gathering data"? Sure, why not I suppose but remember that the "data" would most likely be what someone has to say about a dealer most will never encounter. I'll gladly admit that I have no love for the guys on TV, companies such as Littleton and outfits like Cash4Gold. It's easy because I can back it up. I KNOW we'll pay way more than the TV Gold buyers. I know that large outfits charge too much because we, at times, sell to them because they pay high. They are also notorious for paying slow as well. Ripping into a brick and mortar store on the basis of what one or two people has to say is another animal. I still buy from dealers. My boss and the guy I used to frequent before I started where I am now. They respect me and I respect them. My boss makes money on anything I buy unless he's in a great mood. I have no problem with that as if he weren't there I wouldn't see those coins. If he wants too much I just say no. Even though we're talking about buying here - what a great idea! Just so happens I pretty much do this on a daily basis and I KNOW I'm not the only one. Realize that MOST that come into sell coins are NOT avid collectors. These are generally the people that are convinced you're trying to rip them off because you don't pay full book or internet value. They tend to look at the highest price and expect that. Don't get me wrong many actually DO understand when given a quick lesson however many don't. Nothing like having these people bad mouth you. I don't know how does it? You're comparing apples to oranges here I'm afraid. You've taken my example of a 1932D Washington quarter and applied it to the 1877 IHC. I have already stated that $7 for the 1877 IHC was pathetic. At NO point did I say it would go for less on ebay. I DID say that a 1932D Washington quarter in G4 would go for less than $162 on ebay. Apples and oranges. You're right dealers should maintain a strong code of ethics and they do have to eat. So do used car salesman, pawn shop owners, resale shops, antique malls and the list goes on and on and on. One may as well start a smear campaign against any business they choose but let me ask this. Does that make the person starting the campaign any better in a moral and ethical sense than the people they attack? To summarize. At no point did I say ALL dealers are great guys because they aren't. I've met my share of bad dealers. Even when I go to shows I generally only deal with a few. I don't go around smearing the names of those I don't frequent though. I just don't deal with them or thank them for their time and move on. I have worked many different jobs in my lifetime. I'll soon be 48 years old and have spent but the last two years of my life employed in a coin shop. Be a dealer honest or not so honest we all basically run into the same situations on any given day. Until one has been on the other side of the counter one really doesn't know. I still learn at work everyday.[/QUOTE]
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