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



125 Posts

Posted - 01/30/2010 :  21:44:55  Show Profile Send IdahoCopper a Private Message
Highroller - - In this case the seller, in conversation, volunteered that she was "thrilled" to get $700 for $350 face a couple years ago. This voluntary information was before any discussion of price.

So I offered her what I thought would "thrill" her, 2x.

She never said, "I want this $XX.xx."

She ACCEPTED my offer. Period, end of deal.

Both parties walked away happy.


See - http://IdahoCopper.com

and:
http://beefjerky.com
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The Finest
Penny Sorter Member



USA
56 Posts

Posted - 01/30/2010 :  21:50:08  Show Profile Send The Finest a Private Message
quote:
Originally posted by redneck


I look at this way.

Remember the old saying,

Buyer beware...


Well it should also be said that

the seller should also be aware.

It is not my duty to inform and educate them.



Best answer so far...


"A good trade is when both sides leave the deal happy."

>




I agree the seller should be aware. The key word being SHOULD, but as we all know sometimes with the elderly that own some of these collections that is not always the case. Even though both sides may be happy that doesnt make it the right decision. There is a fine line here but I feel the buyer has certain responsiblities in certain situations (as thogey said, specifically the elderly).

A fool and his money are soon parted. I would pay someone a lot of money to explain that to me.-Homer Simpson
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The Finest
Penny Sorter Member



USA
56 Posts

Posted - 01/30/2010 :  21:51:56  Show Profile Send The Finest a Private Message
Again this a great topic because there is no easy answer and everyone has been giving some great advice and opinions.

A fool and his money are soon parted. I would pay someone a lot of money to explain that to me.-Homer Simpson
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thogey
1000+ Penny Miser Member



USA
1617 Posts

Posted - 01/30/2010 :  22:01:37  Show Profile Send thogey a Private Message
We all want to profit, that's what drives a free captilist structure, that is good in my opinion

The cool thing about this discussion is that the central theme is not "how much profit can we make and how"

It seems, whether we are in agreement or not, the moral and intellectual debate is centered around the question; What is right, what is wrong, profit be damned.

Everyone is defending thier position on this basis.

This is an outstanding forum.

It is a privilege to be a part of it.

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

Edited by - thogey on 01/30/2010 22:03:35
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cptindy
Penny Hoarding Member



572 Posts

Posted - 01/31/2010 :  07:02:32  Show Profile Send cptindy a Private Message
Interesting topic! I respect all others opinion here and am not looking for others to "agree with my rules" to justify mine.

In this case (the threads original topic) the parties were on "my scale" physically and morally competent. Hence my "opinion"

(I commonly use the term opinions are like a**holes, everyone has one)

In the High roller case we have an elderly individual whom having recently gone through the death of her husband being under a duress. Making the competent line smeared. But also in this case I would be interested to know what the bottom line was for the remaining products of "real value" were agreed to. As the silver or metal content may be justified as a "liquid commodity" we are now dealing with a collectors value. Which in my "opinion" has an extremely wide or varied premium given quality, condition and amount purchased (volume).

What I value most about this discussion is the fact that everyone has made a statement and has kept it civil and not dropped to "low moral behavior" with the use of personal slander.

I most certainly agree that one having a position is leaps and bounds ahead of the game as those that seek comfort in the umbrella of others are not grounded and therefor swayed by the winds of "democracy".

"It is the nature of the human species to reject what is true but unpleasant and to embrace what is obviously false but comforting"

" The average man doesn't want to be free. He wants to be safe."

H.L. Mencken

http://silver-news-today.com/
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Copper Catcher
Administrator



USA
2092 Posts

Posted - 01/31/2010 :  08:30:20  Show Profile Send Copper Catcher a Private Message
This thread has been interesting, disturbing, entertaining...I'll let you decide! Regardless, I have to ask a question.

What is the definition of honesty?
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IdahoCopper
Penny Pincher Member



125 Posts

Posted - 01/31/2010 :  08:49:05  Show Profile Send IdahoCopper a Private Message
From the Merriam-Webster Dictionary:

Main Entry: hon·es·ty
Pronunciation: \#712;ä-n#601;s-t#275;Function: noun
Inflected Form(s): plural hon·es·ties
Date: 14th century

1 obsolete : chastity
2 a : fairness and straightforwardness of conduct b : adherence to the facts : sincerity
3 : any of a genus (Lunaria) of European herbs of the mustard family with toothed leaves and flat disk-shaped siliques

synonyms honesty, honor, integrity, probity mean uprightness of character or action. honesty implies a refusal to lie, steal, or deceive in any way. honor suggests an active or anxious regard for the standards of one's profession, calling, or position. integrity implies trustworthiness and incorruptibility to a degree that one is incapable of being false to a trust, responsibility, or pledge. probity implies tried and proven honesty or integrity.

See - http://IdahoCopper.com

and:
http://beefjerky.com
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Copper Catcher
Administrator



USA
2092 Posts

Posted - 01/31/2010 :  08:56:37  Show Profile Send Copper Catcher a Private Message
From Wikipedia, the free encyclopedia

In common usage Honesty refers to a facet of moral character and denotes positive, virtuous attributes such as integrity, truthfulness, and straightforwardness along with the absence of lying, cheating, or theft...

Source: You must be logged in to see this link.
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cptindy
Penny Hoarding Member



572 Posts

Posted - 01/31/2010 :  09:25:12  Show Profile Send cptindy a Private Message
Ha ! Ha ! My first choice was to get these definitions after reading your question.By just reading the definition of honesty one can conclude a simple statement and agree. But in this case we are encompassing a lot more than that mere term. So I brought in a few more definitions.

My conclusion is that depending on situational circumstance things do change according to environment.

My personal belief is if no one is hurt there is no foul. This includes ones discontentment as it relates to others.We are dealing with situational circumstance and our opinion as it relates to others reality. One cannot make assumptions on a topic that does not relate directly to ones self. I in no way wish to push my morality or lack there of whichever you opinion-ate upon any one.

My mother said to look into your heart and ask if this is how you would wish to be treated. Now I know this really sends mixed signals, but my point is not to take advantage of an individual yet to have a competitive spirit and to look to do your best.

Competent awareness is key in this specific equation.

As the original post was deleted I may have missed a implied statement that may have been in malice. But for the sake of this discussion as it has transcended I would say to be competitive not cheat!

Main Entry: eth·ic
Pronunciation: \#712;e-thikFunction: noun
Etymology: Middle English ethik, from Middle French ethique, from Latin ethice, from Greek #275;thik#275;, from #275;thikos
Date: 14th century

1 plural but sing or plural in constr : the discipline dealing with what is good and bad and with moral duty and obligation
2 a : a set of moral principles : a theory or system of moral values <the present-day materialistic ethic> <an old-fashioned work ethic> —often used in plural but singular or plural in construction <an elaborate ethics> <Christian ethics> b plural but sing or plural in constr : the principles of conduct governing an individual or a group <professional ethics> c : a guiding philosophy d : a consciousness of moral importance <forge a conservation ethic>
3 plural : a set of moral issues or aspects (as rightness) <debated the ethics of human cloning>

Main Entry: situation ethics
Function: noun
Date: 1955

: a system of ethics by which acts are judged within their contexts instead of by categorical principles —called also situational ethics

Main Entry: situation ethics
Function: noun
Date: 1955

: a system of ethics by which acts are judged within their contexts instead of by categorical principles —called also situational ethics

Main Entry: mo·ral·i·ty
Pronunciation: \m#601;-#712;ra-l#601;-t#275;, mo#775;-Function: noun
Inflected Form(s): plural mo·ral·i·ties
Date: 14th century

1 a : a moral discourse, statement, or lesson b : a literary or other imaginative work teaching a moral lesson
2 a : a doctrine or system of moral conduct b plural : particular moral principles or rules of conduct
3 : conformity to ideals of right human conduct
4 : moral conduct : virtue

Main Entry: vir·tue
Pronunciation: \#712;v#601;r-(#716;)chüFunction: noun
Etymology: Middle English vertu, virtu, from Anglo-French, from Latin virtut-, virtus strength, manliness, virtue, from vir man — more at virile
Date: 13th century

1 a : conformity to a standard of right : morality b : a particular moral excellence
2 plural : an order of angels — see celestial hierarchy
3 : a beneficial quality or power of a thing
4 : manly strength or courage : valor
5 : a commendable quality or trait : merit
6 : a capacity to act : potency
7 : chastity especially in a woman

— vir·tue·less \-(#716;)chü-l#601;s\ adjective

— by virtue of or in virtue of : through the force of : by authority of

Main Entry: hon·es·ty
Pronunciation: \#712;ä-n#601;s-t#275;Function: noun
Inflected Form(s): plural hon·es·ties
Date: 14th century

1 obsolete : chastity
2 a : fairness and straightforwardness of conduct b : adherence to the facts : sincerity
3 : any of a genus (Lunaria) of European herbs of the mustard family with toothed leaves and flat disk-shaped siliques
synonyms honesty, honor, integrity, probity mean uprightness of character or action. honesty implies a refusal to lie, steal, or deceive in any way. honor suggests an active or anxious regard for the standards of one's profession, calling, or position. integrity implies trustworthiness and incorruptibility to a degree that one is incapable of being false to a trust, responsibility, or pledge. probity implies tried and proven honesty or integrity

"It is the nature of the human species to reject what is true but unpleasant and to embrace what is obviously false but comforting"

" The average man doesn't want to be free. He wants to be safe."

H.L. Mencken

http://silver-news-today.com/
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thogey
1000+ Penny Miser Member



USA
1617 Posts

Posted - 01/31/2010 :  09:56:44  Show Profile Send thogey a Private Message
quote:
Originally posted by cptindy

My conclusion is that depending on situational circumstance things do change according to environment.

My personal belief is if no one is hurt there is no foul. This includes ones discontentment as it relates to others.We are dealing with situational circumstance and our opinion as it relates to others reality. One cannot make assumptions on a topic that does not relate directly to ones self. I in no way wish to push my morality or lack there of whichever you opinion-ate upon any one.

My mother said to look into your heart and ask if this is how you would wish to be treated. Now I know this really sends mixed signals, but my point is not to take advantage of an individual yet to have a competitive spirit and to look to do your best.





Once again a great post. Your mom's rules are really a solid bottom line.

But don't you think, in the conduct of commerce, there are implied "rules" of integrity that we generally follow.

It seems this discussion have evolved like it has, because the good people in this forum are trying to discover that common ground or standards of conduct.

This discussion has sparked debate in my own house!

Come to the new and improved realcent: http://realcent.org
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cesario
Penny Pincher Member



129 Posts

Posted - 02/01/2010 :  03:42:03  Show Profile Send cesario a Private Message
Okay, another hypothetical situation:

Would it be unethical for a bank to not open up wrapped CWR and find out if the rolls have valuable coins?
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JobIII
1000+ Penny Miser Member



USA
1507 Posts

Posted - 02/01/2010 :  06:55:11  Show Profile Send JobIII a Private Message
Highroller, I would love to just be able to see a collection like that. I think in those situations it is easy to do the right thing.


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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Zyll
Penny Pincher Member

USA
214 Posts

Posted - 02/01/2010 :  16:07:57  Show Profile Send Zyll a Private Message
This is a good discussion, I think it gets to the heart of what made Western Civilization great. To get honorable men and women discussing philosophy, it's badly needed in our evil day.

For me, the golden rule is paramount, as cptindy's mom said. A "pay it forward" ethic is also important to me, that being fair and even generous to the other party has intangible benefits that go beyond the current transaction. My local coin dealer always has given me more than a fair shake on my purchases, and in the process he's one my loyalty and many recommendations to my friends. I have no problems trying to give him more business.
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