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Selling Dilemma!

chabot510chabot510 Posts: 1,291 ✭
in U.S. Coin Forum
This past week I attended the Bay State Show. While there, I did a lot of buying. I had just come back to my table with a brand new purchase. Another dealer came by and said that he wanted the piece. He said to write his order up and then to find him at a certain table because he had to close a deal with the other dealer. After that he was leaving the show.

I wrote his order up and found him at the table of the dealer I had just bought the coin from! When I saw this, I was unsure whether it would be ethical ( I don't know if this is the right word I am looking for ) to bring the coin to him while at the original seller's table. What would you have done in a situation such as this?

I eventually brought it to him because he had stated he was leaving after he had gotten done with the other dealer. Just looking for your opinions. THanks!
Nick

Comments

  • RussRuss Posts: 48,514 ✭✭✭
    As long as you don't mention the details of your transaction, I see nothing wrong with delivering the coin to him while the two dealers are together.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • p8ntp8nt Posts: 2,947 ✭✭✭
    I dont know about ethics but I would feel incredibly awkward in that situation.


    PS- How's that war nickel look? imageimage
  • chabot510chabot510 Posts: 1,291 ✭
    That is the thing, I felt very awkward in the situation and just wasn't sure if it was the right thing to do, even if it meant losing a sale.

    The war nickel looks sad in its broken holder! image The idiot sent it to me in a regular envelope with no wrap!
    Nick
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    I would have waited for the dealer to leave the other dealer's table. Nothing unethical what so ever...just not good for future business with either dealer.
  • CarlWohlforthCarlWohlforth Posts: 11,074 ✭
    Never agree to complete a deal at somebody else's table.

    It is easy with the luxury of hindsight. image You can always ask the buyer to just stop back at your table if he wants the coin. What is that to him? Another 25 seconds to walk from one table to another? If he wants the coin he will come back...
    Carl's Coins website w/ links to Carl's auctions
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>Never agree to complete a deal at somebody else's table.

    It is easy with the luxury of hindsight. image You can always ask the buyer to just stop back at your table if he wants the coin. What is that to him? Another 25 seconds to walk from one table to another? If he wants the coin he will come back... >>



    The voice of experience speaks well here.

    Words to the wise for the future.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Never agree to complete a deal at somebody else's table. >>



    OOPS! I misread it. I thought the deal was done.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • NumisOxideNumisOxide Posts: 10,997 ✭✭✭✭✭


    << <i>I dont know about ethics but I would feel incredibly awkward in that situation. >>


    I agree. I would of felt awkward if I was in that same situation too. Technically you owned the coin, so it did not matter how much you resold it for after you purchased it. That's how I see it.
  • BAJJERFANBAJJERFAN Posts: 31,126 ✭✭✭✭✭
    I would feel awkward as well BUT you could have handed him the coin wrapped in something so that the dealer you got it from could not tell what the coin was. Frankly I'm surprised that the guy didn't just complete the deal before he left your table.
    theknowitalltroll;
  • wayneherndonwayneherndon Posts: 2,356 ✭✭✭
    Become a regular on the show circuit and you'll find it (and similar situations) happening over and over.

    WH
    We are: WHRC Wizard PotoPromo
  • BAJJERFANBAJJERFAN Posts: 31,126 ✭✭✭✭✭
    Some people are just tactless!!
    theknowitalltroll;

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