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<p>[QUOTE=&quot;-jeffB, post: 1712265, member: 27832&quot;]I agree with this in principle. I&#039;m having trouble figuring out how to apply it in a few specific circumstances, though.</p><p><br /></p><p>First, &quot;cherry picking&quot;. If I find a bunch of coins being offered at melt+10%, and among them I find a couple of semi-keys worth 2x-3x the asking price, am I ethically obliged to point this out when...</p><p><br /></p><p>a) the seller is a grieving widow liquidating her husband&#039;s collection? (I&#039;d feel obligated.)</p><p>b) the seller is someone at a flea market who&#039;s mostly selling knockoff sunglasses and phone accessories? (I probably wouldn&#039;t.)</p><p>c) the seller is a well-respected dealer at a show? (I&#039;d be more likely to start a conversation, thinking maybe I was missing something.)</p><p>d) the seller is listing them on eBay? (I grab them without hesitation; is this unethical?)</p><p><br /></p><p>Second, auctions in general. If I see a coin come up for auction, and I think I recognize it as a rare variety that isn&#039;t disclosed in the listing, am I ethically obligated to tell the seller about it? Am I ethically obligated to tell the other bidders?</p><p><br /></p><p>If the listing is on eBay, what are my obligations? Am I being unethical by sniping, since this lets me withhold information about my valuation of the coin until it&#039;s too late for anyone to react to it?[/QUOTE]</p><p><br /></p>

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