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<p>[QUOTE=&quot;gboulton, post: 1263733, member: 27043&quot;]Eh...on the surface, I&#039;m probably still on the bank&#039;s &quot;side&quot; here.&nbsp; That&#039;s still a business relationship, and there&#039;s really no commitment by the bank to see to it this lady gets fair deals in all her transactions.&nbsp; Indeed, I&#039;m not sure there&#039;s even an express or implied commitment to &quot;have her financial interests at heart&quot;.&nbsp; If their were, then we can reasonably expect the bank to prevent her from making any number of bad investments throughout her life.</p><p><br /></p><p>Admittedly...the bank may offer some service..say, financial counseling..where such an implied commitment might exist...but in general, the bank&#039;s job is to store, secure, and provide access to her money, in exchange for which they seek to profit off their use of it for loans and investments of their own.&nbsp; (Though, admittedly, more and more these days, they seek to profit off HER use of it as well, but that&#039;s another thread entirely).</p><p><br /></p><p>In general however, I don&#039;t believe a bank teller has any obligation to protect a customer from a poor financial decision made out of ignorance.</p><p><br /></p><p>Now...might one CHOOSE to do so as a function of smart business?&nbsp; Sure.&nbsp; It&#039;s probably in the BANK&#039;S best interest to help Old Widow Brown out here, particularly if she&#039;s a long time customer with significant deposits.&nbsp; Nothing says a bank can&#039;t exchange a short term &quot;gain&quot; here for a longer term benefit.</p><p><br /></p><p>Or heck..maybe they just LIKE Widow Brown, and don&#039;t want to see her victimized by a bad decision. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Nothing wrong with any of those...I merely submit that no OBLIGATION exists.</p><p><br /></p><p><br /></p><p><br /></p><p>Absolutely!&nbsp; Not only &quot;can&quot; it be true, it frequently IS!&nbsp; PRECISELY because some coin dealer might do as we suggested above, the next &quot;little old lady&quot; is convinced all coin dealers are scum and out to rip her off.</p><p><br /></p><p>For me, anyway, the &quot;ethics&quot; here are the same, however.&nbsp; The onus to DYODD still rests on the owner of the coins.&nbsp; If she fails to recognize their true value, then she&#039;s experiencing reduced cash flow, increased time, effort, and worry, and increased expenses simply to wind up finally selling them for what they&#039;re worth.&nbsp; She could have sold them immediately, and gone on vacation, but instead she&#039;s burned 2 tanks of gas and a week&#039;s worth of time, only to be told at every turn that her coins just aren&#039;t that valuable.</p><p><br /></p><p>=========================</p><p><br /></p><p>I guess to me this whole thing really comes down to intent...which, I admit, is frequently hard to determine.</p><p><br /></p><p>If you&#039;re setting out to mislead, misrepresent, or coerce another party, and by doing so profit at their expense...you&#039;re a slimeball.</p><p><br /></p><p>If everyone&#039;s in a level playing field, and you&#039;re simply profiting by being more knowledgeable, better prepared, or faster on the draw....good for you.&nbsp; You win.</p><p><br /></p><p>All you did in the original case...imo anyway...was profited by acting on information EVERYONE had available to them, but only YOU did the work to obtain.</p><p><br /></p><p>And..guess what?&nbsp; Next time, the dealer did his work better, now didn&#039;t he?&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>&quot;if stupid hurt more, there&#039;d be less of it.&quot;[/QUOTE]</p><p><br /></p>

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