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<p>[QUOTE="jolumoga, post: 1827600, member: 41780"]These comments have made me think more deeply about the ethics in the hobby and about the general sentiment among collectors. It appears that most (not all) numismatists believe dealers, because they have a duty to be aware of their merchandise, are fair game to be cherry-picked. I personally believe cherry-picking is one of the joys of the hobby. There is an indescribable rush knowing you landed a valuable coin for far below its market value. While some might see this as ethically problematic, it's just a matter of being rewarded for your superior knowledge, which equates to actual <u>labor</u> (it is a skill to memorize the values of a vast number of coin types, or even to grab the basics of numismatism).</p><p> </p><p>On the other hand, most numismatists feel that dealers should be held to a higher standard, given their level of expertise, or at least expertise expected of them. Most coin collectors therefore view a coin dealer paying a naïve person a fraction of his or her coins as unprofessional or morally problematic. </p><p> </p><p>I respect this general sentiment, though I feel all rational adults should do their homework before they buy or sell, and coins are included. This is why we got punished in elementary school for not doing our homework: because in the real world there are consequences for laziness or irresponsibility. </p><p> </p><p>I believe I followed the golden rule because this world would be chaotic if losers were constantly rewarded for their behavior or given a second chance.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 1827600, member: 41780"]These comments have made me think more deeply about the ethics in the hobby and about the general sentiment among collectors. It appears that most (not all) numismatists believe dealers, because they have a duty to be aware of their merchandise, are fair game to be cherry-picked. I personally believe cherry-picking is one of the joys of the hobby. There is an indescribable rush knowing you landed a valuable coin for far below its market value. While some might see this as ethically problematic, it's just a matter of being rewarded for your superior knowledge, which equates to actual [U]labor[/U] (it is a skill to memorize the values of a vast number of coin types, or even to grab the basics of numismatism). On the other hand, most numismatists feel that dealers should be held to a higher standard, given their level of expertise, or at least expertise expected of them. Most coin collectors therefore view a coin dealer paying a naïve person a fraction of his or her coins as unprofessional or morally problematic. I respect this general sentiment, though I feel all rational adults should do their homework before they buy or sell, and coins are included. This is why we got punished in elementary school for not doing our homework: because in the real world there are consequences for laziness or irresponsibility. I believe I followed the golden rule because this world would be chaotic if losers were constantly rewarded for their behavior or given a second chance.[/QUOTE]
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