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<p>[QUOTE="CamaroDMD, post: 2936538, member: 5233"]I have greatly changed my perspective on these kinds of things after having owned my own business for a few years. What medoraman says is correct...there is risk in every transaction. A businessman must decide how much of an expense a given item is going to incur (and that includes things like risk, time, difficulty selling, ect.) and figure out what a reasonable profit margin is before making an offer. There are a ton of small things that go into these decisions.</p><p><br /></p><p>For me, ethics comes down to intent. Was the buyer trying to deceive the seller or not. If someone brought in a low grade 1893-S Morgan and the dealer told the seller it was worth melt and offered such...that would be unethical. The dealer lied to the seller. However, offering a low price for an item is not the same thing. If I given coin come with increased risk or difficulty to sell...it's going to get a lower offer.</p><p><br /></p><p>It's up to the seller to decide if they want to accept the offer. In my opinion, no offer is unethical unless the buyer is deliberately trying to deceive the seller.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 2936538, member: 5233"]I have greatly changed my perspective on these kinds of things after having owned my own business for a few years. What medoraman says is correct...there is risk in every transaction. A businessman must decide how much of an expense a given item is going to incur (and that includes things like risk, time, difficulty selling, ect.) and figure out what a reasonable profit margin is before making an offer. There are a ton of small things that go into these decisions. For me, ethics comes down to intent. Was the buyer trying to deceive the seller or not. If someone brought in a low grade 1893-S Morgan and the dealer told the seller it was worth melt and offered such...that would be unethical. The dealer lied to the seller. However, offering a low price for an item is not the same thing. If I given coin come with increased risk or difficulty to sell...it's going to get a lower offer. It's up to the seller to decide if they want to accept the offer. In my opinion, no offer is unethical unless the buyer is deliberately trying to deceive the seller.[/QUOTE]
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