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<p>[QUOTE=&quot;Kasia, post: 1711060, member: 31533&quot;]Well...</p><p><br /></p><p><br /></p><p><br /></p><p>&nbsp; OK, fair enough...&nbsp; the dealer is appraising the seller as someone who has a large enough&nbsp; collection of worthwhile coins, that if they have a good relationship,&nbsp; the dealer with the seller.... that more coins will be proferred. In&nbsp; other words, this may (or may not) turn out to be a long term&nbsp; relationship. Evidently, the dealer would like it to be so, based on&nbsp; your wording. So.... part of the ethical thing would be to have an&nbsp; honest relationship with the seller. </p><p><span style="color: #006400"><br /></span></p><p><span style="color: #006400"><br /></span></p><p><span style="color: #006400"><br /></span></p><p><br /></p><p>If the dealer had bought it because it was labeled MS-66 RD and he suspected at time of purchase it was a mpl, and primarily purchased it because it could be one but if it wasn&#039;t then no real loss of his time (and obviously, the seller didn&#039;t have that knowledge) --- i.e. on speculation... then the dealer is simply taking advantage of a seller with whom he wants to have a continuing business relationship with and is not being ethical, IMO. The dealer is &#039;the expert&#039; as to value and all. But..... the seller is likely not to know, and can be taken advantage of.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Possibly the mislabelling is unfortunate, but the dealer should have the obligation to ensure that he is buying a correctly slabbed coin. If this dealer simply is purchasing off the slab&#039;s rating (buying the slab, not the coin) then why is he doing so? He should have looked at the coin in the slab and before purchasing it gotten back to the seller to explain that he would buy this coin as a MS 66 RD (as slabbed), but he would also be checking to see if it was more valuable proof strike (if he already at time of purchase suspected that) and if it turned out to be that, he would have to have it professionally graded again to get the results.... or something along that line. The dealer should if he has the means to, educate the seller some. But he could also say to the seller that he would be the one taking the risk, as it costs money to get further authenticating and its no guarantee it would. Then they could have struck a deal that if it did turn out to be a mpl, some more money would go to the seller. </p><p><br /></p><p>That would be ethical.</p><p><br /></p><p>That time has passed. So..... did the dealer buy it primarily because he thought it was (99% sure, so to speak) a mpl and not a regular strike and he was cherry-picking his seller? Then, he was not ethical. But if he purchased it because it was the MS66 RD and only later began to suspect it could be MPL, then maybe there is no real ethics problem. Just a problem of what to do after the fact....[/QUOTE]</p><p><br /></p>

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