Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Success on Reporting Unethical Dealers?
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 1329311, member: 112"]<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">What you are talking about is the difference between right and wrong - and illegal. Something that you (or others) see as being wrong (unethical) is not necessarily illegal. And that's where the problem is.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">You see, there is no definition of ethics. Ethics are an idea, and while you may find some others who agree with your idea of what is or is not ethical, you will also find many who disagree with your idea. Who is to judge, who exactly is right and who is wrong ? You - or them ?</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Everybody has a different idea of what is right, and what is wrong. That's why we have laws. And even if we don't agree with the laws, we do have to abide by them.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">OK - so who decides, who defines - fair market value ? You ? Somebody else ? Do you know of any place that fair market value is written down ? I don't. And that is the problem. There is no definition of fair market value.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">If I offer a coin for sale, say an 1880-S Morgan graded MS65 by PCGS, and I'm asking a million dollars for that coin. And somebody is stupid enough to pay me a million dollars for that coin - did I break the law ? No, I didn't. There is not a single thing that is illegal about what I did.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">But what was I did ethical ? Who decides, who answers that question ? You, me, somebody else ? You see that's the problem. There isn't anybody to decide. And even if you put the question to 10,000 people you'd still get a split on the answer of whether or not it was ethical. </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Same thing happens when you offer to buy something. It's no different. Take car dealers. If you go looking for a new car and you go to 10 different dealers, you're gonna get 10 different prices. They may differ by thousands. Is the dealer who is asking the most being unethical or doing anything illegal ? Are you doing something unethical or illegal by buying the car for the cheapest price you can get ? Who defines the fair market value for that new car ? </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Or how about when things go on sale. The clothing shops typically ask $50 for a shirt, pair of pants, whatever. But shop owner Jones down the street decides to have a sale and marks his shirts down to $30. You go into the shop and offer Jones $20 for the shirt, he accepts. Did you just break the law or do anything unethical ?</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Same thing with coins. There is no difference at all. So how can you define one as being unethical and not the other ?</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1329311, member: 112"][LEFT][COLOR=#000000] What you are talking about is the difference between right and wrong - and illegal. Something that you (or others) see as being wrong (unethical) is not necessarily illegal. And that's where the problem is. You see, there is no definition of ethics. Ethics are an idea, and while you may find some others who agree with your idea of what is or is not ethical, you will also find many who disagree with your idea. Who is to judge, who exactly is right and who is wrong ? You - or them ? Everybody has a different idea of what is right, and what is wrong. That's why we have laws. And even if we don't agree with the laws, we do have to abide by them. OK - so who decides, who defines - fair market value ? You ? Somebody else ? Do you know of any place that fair market value is written down ? I don't. And that is the problem. There is no definition of fair market value. If I offer a coin for sale, say an 1880-S Morgan graded MS65 by PCGS, and I'm asking a million dollars for that coin. And somebody is stupid enough to pay me a million dollars for that coin - did I break the law ? No, I didn't. There is not a single thing that is illegal about what I did. But what was I did ethical ? Who decides, who answers that question ? You, me, somebody else ? You see that's the problem. There isn't anybody to decide. And even if you put the question to 10,000 people you'd still get a split on the answer of whether or not it was ethical. Same thing happens when you offer to buy something. It's no different. Take car dealers. If you go looking for a new car and you go to 10 different dealers, you're gonna get 10 different prices. They may differ by thousands. Is the dealer who is asking the most being unethical or doing anything illegal ? Are you doing something unethical or illegal by buying the car for the cheapest price you can get ? Who defines the fair market value for that new car ? Or how about when things go on sale. The clothing shops typically ask $50 for a shirt, pair of pants, whatever. But shop owner Jones down the street decides to have a sale and marks his shirts down to $30. You go into the shop and offer Jones $20 for the shirt, he accepts. Did you just break the law or do anything unethical ? Same thing with coins. There is no difference at all. So how can you define one as being unethical and not the other ? [/COLOR][/LEFT][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Success on Reporting Unethical Dealers?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...