Your opinions sought on a very favorable BST deal.

This is an all positive thread FYI. 
I bought a raw coin recently from a forum member, in which the member knew reasonably well what they were selling, by my observation.
The item didn't generate a cat fight among members for the opportunity.
It just came back from our host with a nice number (which I expected BTW after taking delivery) on the holder, which translates to a large spread over what it would be valued at for one grade point less.
I expect to try to surprise the seller with a split on the profit upon resale.
What in your opinions is a reasonable split percentage wise ?

I bought a raw coin recently from a forum member, in which the member knew reasonably well what they were selling, by my observation.
The item didn't generate a cat fight among members for the opportunity.
It just came back from our host with a nice number (which I expected BTW after taking delivery) on the holder, which translates to a large spread over what it would be valued at for one grade point less.
I expect to try to surprise the seller with a split on the profit upon resale.
What in your opinions is a reasonable split percentage wise ?
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
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Otherwise, the seller could have easily submitted and subsequently sold the coin for market value vs the avenue he took (selling it to you raw).
Personally, as you took the gamble I wouldn't think further compensation is necessary.
Winning a large jackpot in Vegas doesn't give me pause to then consider giving the house a portion of those winnings back.
peacockcoins
I did receive a gift card from a forum member at one point as a gift. It was quite heart warming.
I had a similar BST with a forum member, we both knew that it was undergraded as a PCGS AU53 CAC Green Bean and I bought it as such. Cracked it (The only one that I have felt comfortable doing so far) and it came back PCGS AU55. I just got it back today from CAC...Green Bean as a AU55 this time around.
Now that you the attention of some forum members...let's see what ya got!
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
I had a raw pop top once that graded MS64 for me. I felt it had a 65 shot so I cracked it and tried again. This time MS63. I got chuckles from some of my "mentors." When I offered the coin to one of them at 63+ money ($4500) they wanted nothing to do with it. That same person resubmitted it for me purely out of convenience. It then came back MS65, pop 1, finest known and 4X the price I had just offered it to them ($15K-$18K). They felt entitled to some of those gains because they submitted it for me. I didn't see it that way at all. In fact, in the 65 holder they offered me 2/3 of market value because they knew the history and therefore it was only a 64+ coin at best to me or them....lol. I did not sell them the coin since it was $5K less in my pocket. We parted ways soon after that.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
Any profit for prior owner was his to make or lose while he owned the coin.
You're a good egg.
But the surprise part just went out the window.
the grading "game" being what it is, I think your willingness to even consider sharing some of the upside speaks well of your character and the seller should be grateful for whatever you send him.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Latin American Collection
You don't owe the previous owner anything.
He never offered any kick back of profit and I did not expect any.
You took the gamble, you win.
Simple as that.
You should be commended for your "thought" however.
JMHO.
* It's cool that you were thinking that way
* If it had a return privilege, and if you would have returned it when you received it from the seller, for any reason that was appropriate, then it wasn't really "sight-unseen gamble"....your risk was small to none if there was a return available.
* If you are keeping the coin for your collection, then I think there is nothing due, as the value may go up, or may go down.
* If you are flipping it/selling it soon, then, while there is likely zero expectations from the seller, sending something may be cool and appreciated. Depends what the delta is....a 10% bit on a $3000 difference is a nice $300 that was unexpected. $10 on a $100 delta is not that big of a deal.
Your transaction, your decision though
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Lafayette Grading Set
Nice of you to wish to do what you felt right, but I do not feel it necessary.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
I work as a sub contractor and like most do side jobs at night and on the weekends. I quoted a guy $1700 to install skirting on his mobile home. He thought the price was more the reasonable and told me to go ahead and do it. He left for the day and wrote the check saying that he wouldn't be back until late long after we would be done. The job went very smooth and I used a lot less material than I thought I would.
The next day I returned with a check for him for $100 and told him that I had overcharged him. He kinda chuckled and said that he appreciated the honesty and that I should put the check back in my wallet. We had a hand shake and I left.
The day after that I received 3 calls from people in the mobile home park to work on their homes. Just food for thought that might relate to your situation.
Examples:
The seller might contact you first before doing anything with future coins he think you might like.
The seller might provide education or experience that could prove helpful in some unexpected way in the future.
The seller might tell others of your honesty and in doing so might drive more business.
There's little downside.
Hypothetically....If you purchase a winning lottery ticket from your weekly shopping grocery store, would you split your winnings with them? Of course not. Uncle Sam will take care of that just like he will when it's time for you to you sell your item.
Some people reward the person who sold the ticket to them. The lottery pays a commish to the selling business.
I told the person that I'd verify, encapsulate and reward him for his input after sale.
I intend to do exactly that, and it's not even my coin.
All good advice here. In retrospect, I did take a sight unseen gamble on the purchase, as the difference in market value relates precisely to the spread over one grade point. I'll accept the old adage of risk vs. reward applies here.
Did you possibly out yourself by posting about it here?
Only if you believe the coin, if returned altered by PCGS would have allowed you a return with the seller would I then consider paying an additional premium.
Otherwise, the seller could have easily submitted and subsequently sold the coin for market value vs the avenue he took (selling it to you raw).
Personally, as you took the gamble I wouldn't think further compensation is necessary.
Winning a large jackpot in Vegas doesn't give me pause to then consider giving the house a portion of those winnings back.
Many years ag, I sold a forum member a Lexington/Concord for MS-63 money in an NGC 63 holder. I knew it looked a little better but I didn't bother resubmitting because the spread wasn't worth it.
He sent it in and it came back in a 66 holder. While I didn't expect anything out of it, he really didn't have to rub it in my face every chance he got.
Bottom line, if I sell you a coin and you resubmit it, I don't give a furry rat's bee-hind about your windfall. I don't wanna know.
Cheers
Bob
Hypothetically....If you purchase a winning lottery ticket from your weekly shopping grocery store, would you split your winnings with them? Of course not. Uncle Sam will take care of that just like he will when it's time for you to you sell your item.
Some people reward the person who sold the ticket to them. The lottery pays a commish to the selling business.
Some people also collect "pet rocks." True, the lottery does pay a commission to the OWNER of the business, but not to the selling clerk.
That said, 'playing nice' would win you brownie points, perhaps early shots at nice coins in the future.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Hypothetically....If you purchase a winning lottery ticket from your weekly shopping grocery store, would you split your winnings with them? Of course not. Uncle Sam will take care of that just like he will when it's time for you to you sell your item.
Some people reward the person who sold the ticket to them. The lottery pays a commish to the selling business.
Some people also collect "pet rocks." True, the lottery does pay a commission to the OWNER of the business, but not to the selling clerk.
Some winners also tip the selling clerk!
"Got a flaming heart, can't get my fill"