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<p>[QUOTE=&quot;calcol, post: 8458969, member: 77639&quot;]I’ve encountered the situation in the title a few times.&nbsp; Usually, the coin, which was uniquely identifiable based on cert. no., was offered at the same time by two dealers via online websites.&nbsp; Couple of times, I was emailed by a dealer offering a coin, and email included picture of the slab.&nbsp; Found same coin offered at same price on another dealer’s website.&nbsp; All the dealers are known for negotiating price; so, offering price wasn’t necessarily the final price.</p><p><br /></p><p>But it makes me wonder, what sort of deal is involved between the dealers.&nbsp; Maybe both dealers were selling the coin on consignment for a third party and neither knew that the other dealer was offering it.&nbsp;&nbsp; Possible, but seems unlikely.&nbsp; If I found the coin online quickly, so would a dealer.</p><p><br /></p><p>So, (1) either or both took a coin on consignment from a third party and both knew about it.&nbsp; Or (2) the coin belongs to one dealer, and the other is advertising it on consignment from the first.&nbsp; Or (3), the coin is jointly owned.&nbsp; Other possibilities?</p><p><br /></p><p>With (1), it’s possible the consignor set a minimum price they expect to receive and may have specified or suggested a asking price that the dealers should use.&nbsp; Unless the dealers colluded on what they would actually accept as a final price to a potential buyer, I don’t think same asking price is unethical.</p><p><br /></p><p>With (2), again, I’m not sure colluding on asking price is unethical as long as they don’t collude on minimal acceptable price.</p><p><br /></p><p>(3) is probably uncommon.&nbsp; As long as the ownership of one dealer isn’t just a token share, then the dealers could be considered one entity selling its coin.&nbsp; Jointly deciding on an acceptable final price would not be unethical.</p><p><br /></p><p>I’ve never tried to find out the final asking price of two dealers selling the same coin at the same time.&nbsp; The final prices of the dealer who emailed me were always way higher than current auction prices … so, no deal.&nbsp; It seemed likely the final price of the other dealer would also be unreasonably high.&nbsp; I didn’t contact them.</p><p><br /></p><p>Even though it can be completely ethical, still makes me suspicious when two dealers offer same coin at same price.&nbsp; How ‘bout you?</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

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