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 Ethics Discussion - - was "redacted"
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IdahoCopper
Penny Pincher Member


125 Posts

Posted - 01/29/2010 :  14:40:35  Show Profile Send IdahoCopper a Private Message
Thank you for your advice.

I paid $3.38 per oz for Ag today and got 7.7oz.

See - http://IdahoCopper.com

and:
http://beefjerky.com

Edited by - IdahoCopper on 01/30/2010 17:07:38

Neckro
1000+ Penny Miser Member



Saudi Arabia
2080 Posts

Posted - 01/29/2010 :  14:50:54  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message
Eh. I usually offer them a fair price for their silver. either .5 or 1x above coin shops. I'd feel guilty taking from people like that

Trolling is an art.
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barrytrot
Administrator



USA
721 Posts

Posted - 01/29/2010 :  14:53:52  Show Profile Send barrytrot a Private Message
IdahoCopper,

Everyone loves a good deal but no one likes when someone is taken advantage of.

You took advantage of this person's ignorance. That's not cool.
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Nickelmeister
Penny Hoarding Member



Canada
588 Posts

Posted - 01/29/2010 :  14:55:09  Show Profile Send Nickelmeister a Private Message
This is one of those rare occassions when I agree with what Neckro says.

I like a good deal as much as the next guy, but wouldn't brag about ripping off an ignorant person.

www.WinnipegGoldBuyer.com

Standing offer for sale of quality, second-hand solid gold jewellery:

<$100 USD worth - spot +25%, plus actual shipping
$101-500 worth - spot +20%, plus actual shipping
$501-1,000 worth - spot +15%, plus actual shipping
$1,001+ worth - spot +10%, plus actual shipping
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hobo finds
Penny Hoarding Member



838 Posts

Posted - 01/29/2010 :  15:09:38  Show Profile Send hobo finds a Private Message
The seller was happy and you can live with that. Or can you?
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twocents
Penny Collector Member



398 Posts

Posted - 01/29/2010 :  15:10:33  Show Profile Send twocents a Private Message
Don't really know what happened here due to all of the editing.

Just my two cents!
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JobIII
1000+ Penny Miser Member



USA
1507 Posts

Posted - 01/29/2010 :  15:20:02  Show Profile Send JobIII a Private Message
This is a really good example, that not everyone who happens to own silver knows what it's worth. You found a great deal, and if they were really in that much of a bind for cash at least they didn't go out and trade it into a bank.

I've been given silver coinage by friends that didn't even care about the fair trade value, were they ignorant or just being nice you decide.

You found the CL steal of the day, be happy with it. You clearly underpaid her for the items, but she the seller was motivated to sell. And apparently accepted the first offer that came her way. I wouldn't let this become some huge ethical dilemma. Who is to say she would have received a better deal at a pawn shop or local coin dealer. I can't.

Congrats on the find. All's i ever see on CL in my area are 40er's going for $3+ dollars and 90% selling fof 13+ x FV.

Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.



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JobIII
1000+ Penny Miser Member



USA
1507 Posts

Posted - 01/29/2010 :  15:22:29  Show Profile Send JobIII a Private Message
lol i post and then it's gone. Funny stuff. the Edit button is so helpful when you make a fowl comment, eh Idaho?


I like your web links also.

Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.




Edited by - JobIII on 01/29/2010 15:24:58
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PennySaved
1000+ Penny Miser Member



USA
1720 Posts

Posted - 01/29/2010 :  15:24:20  Show Profile Send PennySaved a Private Message
Would you feel bad if you went to a yard sale and bought a box full of jewlery for dirt cheap and some of it turned out to be 14k gold? I would not. My feeling is the person just wanted to offload their stuff and make some fast money. They could have easily taken the time to research and look through their items.


SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson
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IdahoCopper
Penny Pincher Member



125 Posts

Posted - 01/29/2010 :  15:31:27  Show Profile Send IdahoCopper a Private Message
I paid $3.38 per oz for Ag today and got 7.7oz.

I agree with PennySaved, in the Internet age, its easy to research something's value, if the seller wants to get what the item is worth.

But I also agree with Nickelmeister, I should not have bragged about it.

.

See - http://IdahoCopper.com

and:
http://beefjerky.com

Edited by - IdahoCopper on 01/29/2010 15:44:43
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Zyll
Penny Pincher Member

USA
214 Posts

Posted - 01/29/2010 :  16:12:23  Show Profile Send Zyll a Private Message
This discussion reminds me of Susan Headley's article about coin dealer ethics. Lo and behold, she re-posted it for this week's article. An elderly lady came to a coin show carrying a good-sized jar of mixed U.S. coinage, mostly pre-1850 silver and copper coins such as large cents, half cents, etc (worth thousands each). The dealer she approached refused to appraise them for her, and then low-balled her $1000 offer, insulting her intelligence along the way. Ms. Headley spoke up and was thrown out of the show for her outburst.

You must be logged in to see this link.

What are your thoughts? Did she have absolutely no right at all to interfere in the transaction?
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JobIII
1000+ Penny Miser Member



USA
1507 Posts

Posted - 01/29/2010 :  16:13:29  Show Profile Send JobIII a Private Message
Don't listen to Pennysaved See the post number 666 of the beast... j/k

Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.



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natsb88
Administrator



USA
1850 Posts

Posted - 01/29/2010 :  16:14:41  Show Profile Send natsb88 a Private Message
Shouldn't have deleted the original post...it's important to be accountable for what you say. Now nobody can see the full story. Even if it made you look bad, it's clear that now you have learned from the experience, and other could learn from it as well.

Nate
The Copper Cave

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PennySaved
1000+ Penny Miser Member



USA
1720 Posts

Posted - 01/29/2010 :  16:19:52  Show Profile Send PennySaved a Private Message
Yeah I guess I am the spawn of Satan :) but seriously, if you were at a church yard sale and there were necklaces 25 cents a piece and you found a 14k gold one, would you feel guilty for paying just 25 cents for it? It is their set price and they could have went through that jewlery. Would you walk up to them and give them $70 or more if it was a herringbone 14k gold necklace?

SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson
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JobIII
1000+ Penny Miser Member



USA
1507 Posts

Posted - 01/29/2010 :  16:23:46  Show Profile Send JobIII a Private Message
Zyll, I'm not really sure why that woman was thrown out. I read the article and it doesn't seem to make sense that someone can be removed from a coin show for simply saying something to another person.

I think it's funny that someone asks how to help/teach women to avoid being scammed in the coin world. With all these strong women in the news and media I often forgot how delicate and unknowing most women still are and how frightening it must be to go out in this big scary world. [author being sarcastic]

Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.




Edited by - JobIII on 01/29/2010 16:24:16
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uthminsta
1000+ Penny Miser Member



USA
1872 Posts

Posted - 01/29/2010 :  16:40:52  Show Profile Send uthminsta a Private Message
quote:
Originally posted by PennySaved if you were at a church yard sale and there were necklaces 25 cents a piece and you found a 14k gold one, would you feel guilty for paying just 25 cents for it?

Now wait... if if was a CHURCH yard sale...
Seriously, I would love to make someone's day. If I saw coins worth a bunch, and the seller was asking way too little for them (and I was certain they were unaware of their value and not just a scammer selling counterfeits or stolen stuff), I would gladly offer them MORE than they were asking. That would make their day! What a blessing that would be to them and me! Of course, I don't know the original story, but that's what I think.

Come to the new and improved realcent: http://realcent.org
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El Dee
Penny Hoarding Member



USA
547 Posts

Posted - 01/29/2010 :  16:46:41  Show Profile Send El Dee a Private Message
Nobody worries too much if it's a used CAR.

Strange.


Trust the government? Ask an Indian.
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NDFARMER
1000+ Penny Miser Member



USA
1197 Posts

Posted - 01/29/2010 :  17:08:13  Show Profile Send NDFARMER a Private Message
I don't think you should beat up Idahocopper too much. If the person that was selling the silver was of legal age and competent I think it was up to them to know what they were selling was worth. It was a smaller amount and they may have just wanted to make a quick sale. I wonder how many of us would "REALLY" say to a seller "no I won't give you $10.00 for that Morgan dollar I want to give you $20.00?

COPPER - the "poormans" precious metal!!!

SELLING - $100.00 face copper shipped to you for $189.00 machine rolled or bagged - PM me if your interested.
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thogey
1000+ Penny Miser Member



USA
1617 Posts

Posted - 01/29/2010 :  17:15:40  Show Profile Send thogey a Private Message
I didn't see the original post but, I can figure what happened. My code of conduct is this.

a. If the seller sets the price, and it's a steal and you buy. O.K. (unless the seller is obviously incompetent i.e. little kid, confused old lady)

b. If the seller is depending on your expertise to set the price, and you lowball (read: lie to) the seller that is not OK.

I recently (last Year) bought a 25 coin lot of common peace and morgans, paid 16 each. The seller depended on me to pay fairly. I got them home a found one to be a 1904s, better than ef-40, probably a 200-275 dollar min coin.

That right thing to do was to return it and get my 16 bucks back which I did. She was appreciative. She is one of my landscaping clients and has a gaping big, extra active, gum flapping loud mouth. It did wonders for my reputation

Come to the new and improved realcent: http://realcent.org
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PennySaved
1000+ Penny Miser Member



USA
1720 Posts

Posted - 01/29/2010 :  17:21:17  Show Profile Send PennySaved a Private Message
Yeah I agree with Thogey

If someone is relying on you for your expertise, then lowballing is not ok.

SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson
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thogey
1000+ Penny Miser Member



USA
1617 Posts

Posted - 01/29/2010 :  17:30:21  Show Profile Send thogey a Private Message
Here's one that I did. Do ya'll think this is OK

At a Flea market.

I found a Whitman IHP folder in a box of books. I noticed that under the back flap last page were about 12 indians.

I asked for a price. The vendor said 1.00. I did not inform the seller of the hidden indians. I bought the folder. I kinda struggle with that one. I'm not sure if it was wrong but, looking back I wish I would have come clean.


Come to the new and improved realcent: http://realcent.org

Edited by - thogey on 01/29/2010 17:31:35
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 01/29/2010 :  17:32:01  Show Profile Send NotABigDeal a Private Message
quote:
Originally posted by thogey

I didn't see the original post but, I can figure what happened. My code of conduct is this.

a. If the seller sets the price, and it's a steal and you buy. O.K. (unless the seller is obviously incompetent i.e. little kid, confused old lady)

b. If the seller is depending on your expertise to set the price, and you lowball (read: lie to) the seller that is not OK.

I recently (last Year) bought a 25 coin lot of common peace and morgans, paid 16 each. The seller depended on me to pay fairly. I got them home a found one to be a 1904s, better than ef-40, probably a 200-275 dollar min coin.

That right thing to do was to return it and get my 16 bucks back which I did. She was appreciative. She is one of my landscaping clients and has a gaping big, extra active, gum flapping loud mouth. It did wonders for my reputation


I feel the same way. Good move on taking the coin back. I'm sure you've made ten fold what you lost by giving the coin back. Nice.

Deal

Live free or die.
Plain and simple.

"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams
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PennySaved
1000+ Penny Miser Member



USA
1720 Posts

Posted - 01/29/2010 :  17:32:14  Show Profile Send PennySaved a Private Message
Maybe we should start a confessions string :-)

SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson
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thogey
1000+ Penny Miser Member



USA
1617 Posts

Posted - 01/29/2010 :  17:36:53  Show Profile Send thogey a Private Message
I think I already did @17:30:21

Come to the new and improved realcent: http://realcent.org
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thogey
1000+ Penny Miser Member



USA
1617 Posts

Posted - 01/29/2010 :  17:40:56  Show Profile Send thogey a Private Message
I've got to say. These ethical discussions, and there have been a few here, are what makes this a GREAT place to read, share and learn.

Come to the new and improved realcent: http://realcent.org
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PennySaved
1000+ Penny Miser Member



USA
1720 Posts

Posted - 01/29/2010 :  17:54:52  Show Profile Send PennySaved a Private Message
Well should'nt it be in the title so it can be easily found? Like the Buffalo nickel finds string :)

SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson
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