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Message:: [QUOTE="andrew289, post: 467389, member: 6463"]You are forgiven, I agree, that your judgement is probably clouded. I think you must have misunderstood my original statement. At no time did I say that every coin dealer was unethical. I'm not naive enough to make a sweeping statement like that. I can say that 90% of the coin dealers that I have met/transacted with over the past 20 years have been of questionable ethical standing. I, of course, can't speak to the ones that I don't know.  The reason that I know that the ones that I have met are of questionable ethical backgrounds is that they brag about their conquests. It's call coin shop talk. Most coin folks are braggards and as selllers, they are either bragging about selling a coin for far more than it's worth or bragging about low balling those less knowlegeable. This is just the way business is transacted in the coin buisness. Either you know the rules when you get it or you learn quickly and hope that it was not a very expensive lesson.  There is nothing wrong with a reasonable mark up we all need to run a business but it's the purposeful deception that I don't like.  I'm afraid that as our econmic situation deepens over the next 12-18 months, this business practice will expand as fears increase.  As we all know coin shops/dealers have experienced a boom over the last 5+ years as state quarter folks are getting into other coin series. It's also been a feeding frenzy worthy of a shark week special for dealers as these new collectors cut their teeth and learn the way things are done around here.  While the novice collector gravy train is drying up, a whole new source of fresh meat is on the horizon. Folks who are getting laid off and quickly running out of money will start to sell off their family collection to pay the mortage and put food on the table. Most will not know the value of what they will be selling and will chum the waters.[/QUOTE]

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