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<p>[QUOTE="chip, post: 1778123, member: 19122"]I heard a story of one local dealer who had a lady come in and offer a nice silver star certificate for sale, the dealer looked it up in his book, and offered the lady 75 dollars for it, the lady told the dealer that another local dealer had offered her 100 for it. He knew the other dealer was a cheap lowballer, but a cheap lowballer who knew paper money, so he offered her 150 which she took.</p><p> One of his customers came in who knew paper money and identified it as a mule star note, worth about a grand. Now in that case I percieved the dealer as a gambler, a risk taker, but not unethical, he truly did not know the true value of the note, but took a risk based on the ladys word. I see that guy not as unethical but missing the value of going above and beyond.</p><p> </p><p>Now one dealer that I know of, also local bought a bunch of proof sets from a collector, the collector was a regular, and he was busy so he bought the sets and looked at them when the business slowed down, he found two no s nickels, and gave the guy more money when he showed up the next time, that to me is going above and beyond.</p><p> </p><p>I heard one collector tell me that one dealer threatened him if he would not sell him his Franklin collection for a certain price, what a shady place that was, he offered me a harshly cleaned 1832 bust half for 500, I looked him in the eye and laughed in his face, I would count threatening people in order to make a buy highly unethical.</p><p> </p><p>I think the very best dealers have the knowledge and the ethics which make them successful, who would you reccomend a friend to sell an inherited collection to, the dealer who lowballed you or sold you a damaged coin for problem free prices when you were starting out, or the dealer who always gave you a fair shake, even when you did not know beets from beans?[/QUOTE]</p><p><br /></p>
[QUOTE="chip, post: 1778123, member: 19122"]I heard a story of one local dealer who had a lady come in and offer a nice silver star certificate for sale, the dealer looked it up in his book, and offered the lady 75 dollars for it, the lady told the dealer that another local dealer had offered her 100 for it. He knew the other dealer was a cheap lowballer, but a cheap lowballer who knew paper money, so he offered her 150 which she took. One of his customers came in who knew paper money and identified it as a mule star note, worth about a grand. Now in that case I percieved the dealer as a gambler, a risk taker, but not unethical, he truly did not know the true value of the note, but took a risk based on the ladys word. I see that guy not as unethical but missing the value of going above and beyond. Now one dealer that I know of, also local bought a bunch of proof sets from a collector, the collector was a regular, and he was busy so he bought the sets and looked at them when the business slowed down, he found two no s nickels, and gave the guy more money when he showed up the next time, that to me is going above and beyond. I heard one collector tell me that one dealer threatened him if he would not sell him his Franklin collection for a certain price, what a shady place that was, he offered me a harshly cleaned 1832 bust half for 500, I looked him in the eye and laughed in his face, I would count threatening people in order to make a buy highly unethical. I think the very best dealers have the knowledge and the ethics which make them successful, who would you reccomend a friend to sell an inherited collection to, the dealer who lowballed you or sold you a damaged coin for problem free prices when you were starting out, or the dealer who always gave you a fair shake, even when you did not know beets from beans?[/QUOTE]
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