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<p>[QUOTE="NPCoin, post: 397446, member: 5629"]Just a correction, this would apply mostly to corporations (which the TPGs mostly are), which are effectively entities of the State, and thus have an inherent obligation to make their stockholders' investment prosperously return.</p><p><br /></p><p>Other forms of business entities, especially sole proprietorships, are more free to integrate a rule and sense of ethics and morals in conducting their business. Many of the older brick and mortar coin dealerships were this way. For certain purposes, including liability, many of today's coin dealers will incorporate, but there's no law stating that you must, nor that you must even take "your" company public.</p><p><br /></p><p>To me, it is this fact that attracts me more to a knowledgeable independent dealer who has a proven record of integrity and scruples over some corporation's plastic. Yes, individual dealers are in the "game" to make money, and pay bills, but they are more free to interject their individual ethics to protect their reputation. A publicly owned corporation must by law put their stock holders' desire and greed before any sense of ethic and scruple.</p><p><br /></p><p>This is why, not just in dealing with a large corporation like PCGS or NCG, but with any business, get it in writing. When dealing with any business entity, you either play by their rules, or chance losing the game. The OP decided not to play by "their rules". No TPG is under any obligation to change the rules for anybody regardless of how much business that individual brings them, unless their "bosses", the stockholders, vote otherwise.[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 397446, member: 5629"]Just a correction, this would apply mostly to corporations (which the TPGs mostly are), which are effectively entities of the State, and thus have an inherent obligation to make their stockholders' investment prosperously return. Other forms of business entities, especially sole proprietorships, are more free to integrate a rule and sense of ethics and morals in conducting their business. Many of the older brick and mortar coin dealerships were this way. For certain purposes, including liability, many of today's coin dealers will incorporate, but there's no law stating that you must, nor that you must even take "your" company public. To me, it is this fact that attracts me more to a knowledgeable independent dealer who has a proven record of integrity and scruples over some corporation's plastic. Yes, individual dealers are in the "game" to make money, and pay bills, but they are more free to interject their individual ethics to protect their reputation. A publicly owned corporation must by law put their stock holders' desire and greed before any sense of ethic and scruple. This is why, not just in dealing with a large corporation like PCGS or NCG, but with any business, get it in writing. When dealing with any business entity, you either play by their rules, or chance losing the game. The OP decided not to play by "their rules". No TPG is under any obligation to change the rules for anybody regardless of how much business that individual brings them, unless their "bosses", the stockholders, vote otherwise.[/QUOTE]
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