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<p>[QUOTE="Prime Mover, post: 1711101, member: 38783"]Right now the coin is an anacs-66rd, and the dealer and seller agreed to a fair price on that coin as-is, so the dealer has done nothing technically wrong.</p><p><br /></p><p>The dealer could have said "this coin is $xx as-is graded, and I'll pay you that for it right now... but there is a small possibility it could be a more expensive variety, so if you want to accept $xx (being price minus attribution fees + his time) to see if it's worth more, we could do that too". This way the dealer is insulated for his profits, and the seller is making the active choice whether to take a chance on the coin or not on his own dime. The seller may not want to be bothered with it and just want the agreed upon as-is price and then all bets are off, but that should be his decision to make based upon all the proper information which he is trusting the dealer to give to him.</p><p><br /></p><p>I think the main thing in question for me is whether the dealer knew 100% it was an MPL and knowingly withheld that information during the price negotiation. It seems the seller was relying on the dealer's knowledge because he didn't possess enough of his own, to me then the dealer is ethically in the wrong by taking advantage of that trust for his own gain, and should have notified the seller about the possibilities during the appraisals. If the seller walked in off the street and said "I want $xx for this anacs-66rd", took his money and walked out never to be seen again, then whatever the dealer finds is fair game. But, if the seller is asking for appraisals, value, and then selling, repeatedly, I think the dealer should be a little more helpful and honest.[/QUOTE]</p><p><br /></p>
[QUOTE="Prime Mover, post: 1711101, member: 38783"]Right now the coin is an anacs-66rd, and the dealer and seller agreed to a fair price on that coin as-is, so the dealer has done nothing technically wrong. The dealer could have said "this coin is $xx as-is graded, and I'll pay you that for it right now... but there is a small possibility it could be a more expensive variety, so if you want to accept $xx (being price minus attribution fees + his time) to see if it's worth more, we could do that too". This way the dealer is insulated for his profits, and the seller is making the active choice whether to take a chance on the coin or not on his own dime. The seller may not want to be bothered with it and just want the agreed upon as-is price and then all bets are off, but that should be his decision to make based upon all the proper information which he is trusting the dealer to give to him. I think the main thing in question for me is whether the dealer knew 100% it was an MPL and knowingly withheld that information during the price negotiation. It seems the seller was relying on the dealer's knowledge because he didn't possess enough of his own, to me then the dealer is ethically in the wrong by taking advantage of that trust for his own gain, and should have notified the seller about the possibilities during the appraisals. If the seller walked in off the street and said "I want $xx for this anacs-66rd", took his money and walked out never to be seen again, then whatever the dealer finds is fair game. But, if the seller is asking for appraisals, value, and then selling, repeatedly, I think the dealer should be a little more helpful and honest.[/QUOTE]
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