Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Thoughts on price transparency?
>
Reply to Thread
Message:
<p>[QUOTE="brg5658, post: 4940082, member: 29751"]It would have to be voluntary by sellers, as coin sales and numismatic interests are one of the least regulated businesses in the country. </p><p><br /></p><p>Who would regulate the “transparency”?</p><p><br /></p><p>What ramifications would a non-compliant seller face? </p><p><br /></p><p>What is the ultimate goal of this additional bureaucracy? </p><p><br /></p><p>I’m not a dealer, but as a buyer - I see little benefit of such “transparency” when it can not be verified or believed in any way. This is a hobby where the buyer needs to do their due diligence before making purchases. </p><p><br /></p><p>The past financial details regarding exchanges of a coin are irrelevant to the contract that seller and buyer are entering into now. If seller and buyer are happy with the terms of sale, that’s all that matters. Provenance is one thing; bureaucracy is a whole other beast.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 4940082, member: 29751"]It would have to be voluntary by sellers, as coin sales and numismatic interests are one of the least regulated businesses in the country. Who would regulate the “transparency”? What ramifications would a non-compliant seller face? What is the ultimate goal of this additional bureaucracy? I’m not a dealer, but as a buyer - I see little benefit of such “transparency” when it can not be verified or believed in any way. This is a hobby where the buyer needs to do their due diligence before making purchases. The past financial details regarding exchanges of a coin are irrelevant to the contract that seller and buyer are entering into now. If seller and buyer are happy with the terms of sale, that’s all that matters. Provenance is one thing; bureaucracy is a whole other beast.[/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
>
Coin Chat
>
Thoughts on price transparency?
>
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...