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coin22lover
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<< <i>If you keep your mouth shut from the get-go, how can anyone bust your cover? I don't know your situation, but if you post details of a pending transaction in a public area you have no ability to predict the outcome. >>
Sure...BUT what about the person that noticed the recently ended eBay sale of a REGENCY HOLDER...just the day prior!!! Certainly enough time for the seller to see it here or ATS and decide not to ship it. People that notice a Cherrypick after the fact and post about it here can ruin it for others. It isn't JUST about a buyer keeping his/her mouth shut.
Not really looking for much these days but if I were, it might be a toner.
<< <i>If you keep your mouth shut from the get-go, how can anyone bust your cover? >>
This.
1/2 Cents
U.S. Revenue Stamps
I voted for keeping quiet but we can't always count on such chivalry
<< <i>
<< <i>If you keep your mouth shut from the get-go, how can anyone bust your cover? I don't know your situation, but if you post details of a pending transaction in a public area you have no ability to predict the outcome. >>
Sure...BUT what about the person that noticed the recently ended eBay sale of a REGENCY HOLDER...just the day prior!!! Certainly enough time for the seller to see it here or ATS and decide not to ship it. People that notice a Cherrypick after the fact and post about it here can ruin it for others. It isn't JUST about a buyer keeping his/her mouth shut. >>
What about it? I saw the thread across the street and didn't even bother looking at the date of the listing. Had I noticed it, I certainly would not have posted it since I know that there are a few scum-suckers living amongst folks that have ethics.
The name is LEE!
I know it wouldn't with me.
If I see something exciting, like yesterday's reported Regency slab, I'm blabbing about it with no impunity.
Not how I want my picks discussed.
Member, Society of Silver Dollar Collectors.
Looking for PCGS AU58+ 1901-P, 1896-O, & 1894-O
*** "A fully informed buyer and fully informed seller, neither of whom being under duress."
It's a karma thing.
All of my coins are secure in a bank safe-deposit box.
Who will alert us to what auctions and transactions can be discussed? In addition to the Circle of Trust, do we now need a Circle of Censorship?
Perhaps the concept of an open, public forum is somewhat confusing.
No offense to cherrypickers out there (and good for you if you find something), but if you make a great find ... don't post it until you want it to go public. If it appears because somebody found it interesting, then those are the breaks.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
<< <i>The OP is saying that if you notice a cherrypick-able coin in an already-realized auction (not an auction you won) and you are curious to know if anyone here won it and/or just have the urge to tell the public that you're bummed you "missed this one", keep your mouth shut until we are all certain the winner of the auction has the coin in-hand. >>
If this is what the OP is indeed saying then I agree 100%. At the same time; it's a free market and to each his own... I personally don't like it when people put my business in the street, and if in the non-Internet realm... People who know me; know this. If a person "gets caught slipping" and pre-maturely posts their own cherrypick before receiving it in hand, then it's his own fault and know one else should feel responsible for his fall; however hard it may be. But to purposely hate on someone else's cherrypick that you have nothing to do with...there inlays the problem.
In the end, the Internet is a wild world of paper-tigers who normally would be dealt with in the physical world in a manner that would put a stop to that kind of behavior... Or in some cases...put a stop to them all together. Unfortunately there is really no way to "straighten out" someone without being able to touch them in the physical form.
I love it when people find an awesome cherrypick, but I have also learned that nothing comes good from envy and its a waste of time to play games with other people's money.
Erik
<< <i>The OP is saying that if you notice a cherrypick-able coin in an already-realized auction (not an auction you won) and you are curious to know if anyone here won it and/or just have the urge to tell the public that you're bummed you "missed this one", keep your mouth shut until we are all certain the winner of the auction has the coin in-hand. >>
I agree that this is what the OP is suggesting. It is likely written because others might contact the seller to offer more to break the transaction or because the seller might be notified that the coin went for less than it might have otherwise sold for and the seller might not deliver the coin.
In honor of the memory of Cpl. Michael E. Thompson
<< <i>The OP is saying that if you notice a cherrypick-able coin in an already-realized auction (not an auction you won) and you are curious to know if anyone here won it and/or just have the urge to tell the public that you're bummed you "missed this one", keep your mouth shut until we are all certain the winner of the auction has the coin in-hand. >>
This is what I took from the OP's post as well. I'll admit I've been guilty, usually when I was the underbidder on a cherrypick. I almost always wait until I had a pick in hand before posting my own wins, it makes sense to extend the same courtesy to the winner on auctions I lost.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
WS
EAC 6024
Oh please.
1/2 Cents
U.S. Revenue Stamps
<< <i>Fact is, we are all busting at the seems to brag over our picks. BUT, I agree, until I HAVE the coin in hand, I will not say a word. And if your like me and want to put your picks in plastic - just to confirm they are real, and a known grade/pop, etc. Then You will not hear about my picks until they are at least 2-3 weeks after the purchase and back from the plastic factory....You should be hearing from me again in about 2 weeks
WS >>
As a semi-Newbie I wholeheartedly agree...Except your patience far out ways mine, but I will learn. I went to Junior College over at cointalk.com for my general education in the coin forum world. I play here now, but I'm a Freshman 4 sure and will probably remain so till I'm in diapers again. But as an OCD-ridden human being, I have to set goals or it just doesn't work. My passion is Numismatics so I'll stay in school till I'm gone, cause I Love it. I say, "Don't be a tattletale on the winner!" Learn from how he/she won and make it a goal to get a winin whatever it is you do. In college I had a professor once who instructed a foreign policy course. He told the class that he studied to be a Chemist but late in his Jr year he realized that once he mastered Chemistry, he could never learn anything more, and even if he could, it would just stop... His passion that is. He then changed his major to Political Science because political current events could never be mastered and there was no end. He was a super-duper eat your heart out liberal, but he was passionate and I respect that.
This place is cool and there are plenty of people to look up to... Thanks for that.
Erik
The major plus, of course, is to "protect" the buyer from underhanded sharks who will go to whatever length to "win" the coin that they missed. Unethical at the very least in some of their methods (contacting the seller and offering more $$$).
The downside is that many here like to share information about coins. Pricing, rarities, varieties, pictures, sales info, etc. This is also an internet forum. To come on here and tell others not to share info when it has been an open and accepted way is, imho, wishful thinking and, honestly, kind of crass.
Yes, I would hate getting shafted if it happened to me, and no, I don't try to do it to others, but, like the regency one recently, I enjoy seeing things and learning...and the sharing.
If something happens to it, and the buyer doesn't get it, then that one would certainly be more traceable when it shows up and easier to pinpoint who did the dirty deed to the buyer....and to call people out on it.
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
<< <i>I personally stopped posting my cherry picks because I don't want the Sellers to find out. Plus I had one cherry pick where another poster named the seller and then the seller responded.
Not how I want my picks discussed. >>
If I post a personal cherry pick, it's either from a coin show or an online auction. In both cases, I say nothing until I have the coin in hand.
The name is LEE!
<< <i>
<< <i>The OP is saying that if you notice a cherrypick-able coin in an already-realized auction (not an auction you won) and you are curious to know if anyone here won it and/or just have the urge to tell the public that you're bummed you "missed this one", keep your mouth shut until we are all certain the winner of the auction has the coin in-hand. >>
I agree that this is what the OP is suggesting. It is likely written because others might contact the seller to offer more to break the transaction or because the seller might be notified that the coin went for less than it might have otherwise sold for and the seller might not deliver the coin. >>
This is true except that offering more for the coin than what it sold for can only occur through the eBay messaging system which is fully trackable by eBay should the disappointed buyer wish to pursue the fact that s/he would not be receiving their just rewards.
Stuff such as contacting sellers and offering more money just does not even cross my mind when I see or hear about a closed listing. Such tactics are employed by deceitful scum sucking liars.
The name is LEE!
Eric
Even I don't have time to wonder about not discussing something that may or may not even be happening.
I waited several months to do it, mainly because I did not want to run into an uncomfortable situation in case the seller would come forward. Also the coin looked different and it would be hard to identify.
However, after thinking about it, I did have a response in case the original owner came forward:
The "right thing to do" is not to settle just with the seller, but also include the person that the seller bought the coin from originally, and by the way, I would like to include the seller to the seller, who sold the coin to the seller who eventually sold the coin to me. This could be followed back until the person who originally picked the coin from circulation. In the case of my coin, that would have been about 160 years ago. that's really the only fair thing to do.
<< <i>If you keep your mouth shut from the get-go, how can anyone bust your cover? I don't know your situation, but if you post details of a pending transaction in a public area you have no ability to predict the outcome. >>
^^^ This ^^^
60 years into this hobby and I'm still working on my Lincoln set!
Hoard the keys.
<< <i>
<< <i>I personally stopped posting my cherry picks because I don't want the Sellers to find out. Plus I had one cherry pick where another poster named the seller and then the seller responded.
Not how I want my picks discussed. >>
If I post a personal cherry pick, it's either from a coin show or an online auction. In both cases, I say nothing until I have the coin in hand. >>
I had the coin in hand. I bought it from a big national dealer. I didn't list the coin number or say anything about where I got the coin. Another forum member figured out where I picked it from and posted it.
Member, Society of Silver Dollar Collectors.
Looking for PCGS AU58+ 1901-P, 1896-O, & 1894-O
<< <i>What is this Cherrypicking you talk of ? And how do you do it
1/2 Cents
U.S. Revenue Stamps
https://acoinshop.com/ —-> https://ebay.us/m/KxolR5
It's all part of the gig and part f the game. A successful cherrypicker can reduce the odds of any unfortunate blowback by not posting about it, even after concluding his transaction, but if the item was obtained in the public chain of commerce, there is always the risk that someone else will discover their success and bring to the attention of others...and I don't think they are wrong to do so.
Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum
<< <i>Would not the definition of a fair transaction be described this way?
*** "A fully informed buyer and fully informed seller, neither of whom being under duress."
It's a karma thing. >>
When I buy or sell on eBay, I generally have no idea how informed the other party is. When I buy or sell on the stock market, I don't even know who the other party is. Are these transactions therefore unfair?
In the case of cherrypicks, am I ethically obliged to share my hard-earned knowledge for free before completing the transaction?
I think the above definition of fairness needs to be expanded a bit.
<< <i>
<< <i>Would not the definition of a fair transaction be described this way?
*** "A fully informed buyer and fully informed seller, neither of whom being under duress."
It's a karma thing. >>
When I buy or sell on eBay, I generally have no idea how informed the other party is. When I buy or sell on the stock market, I don't even know who the other party is. Are these transactions therefore unfair?
In the case of cherrypicks, am I ethically obliged to share my hard-earned knowledge for free before completing the transaction?
I think the above definition of fairness needs to be expanded a bit. >>
Question...do you think that the owner of a B&M who recognises a rare variety of what would normally be a common coin should be expected to tell a walk-in seller exactly what he has? If so, then yes, IMO you are obliged to share your knowledge.
Ethics does not stop at the counter. Both sides should be bound by the same rules--whether those rules allow for cherrypicking (and in my mind they should) or they don't.
<< <i>Question...do you think that the owner of a B&M who recognises a rare variety of what would normally be a common coin should be expected to tell a walk-in seller exactly what he has? If so, then yes, IMO you are obliged to share your knowledge.
Ethics does not stop at the counter. Both sides should be bound by the same rules--whether those rules allow for cherrypicking (and in my mind they should) or they don't. >>
A dealer will typically offer "free appraisals," and therefore is ethically obligated to disclose the value of a coin presented by a customer in his or her shop. IMO a private buyer has no such obligation, and is free to cherrypick.
<< <i>
<< <i>Question...do you think that the owner of a B&M who recognises a rare variety of what would normally be a common coin should be expected to tell a walk-in seller exactly what he has? If so, then yes, IMO you are obliged to share your knowledge.
Ethics does not stop at the counter. Both sides should be bound by the same rules--whether those rules allow for cherrypicking (and in my mind they should) or they don't. >>
A dealer will typically offer "free appraisals," and therefore is ethically obligated to disclose the value of a coin presented by a customer in his or her shop. IMO a private buyer has no such obligation, and is free to cherrypick. >>
How do you justify it both ways? In the hypothetical above, it was a seller--not someone seeking an appraisal--who came in. I still feel that it makes no difference whether you are a pro or not. Either way the person who spent the extra time learning about the variety is in a position to profit from the other If you are willing to cherrypick a seller then you have to grant the same privilege to someone else to cherrypick you.
https://acoinshop.com/ —-> https://ebay.us/m/KxolR5
I know of only one major cherry pick made by my friend, Stone.
He told no one for weeks what had happened. He wanted no reprocussions
from the seller. I was sworn to secrecy and I had the privilege of having
the coin in our case after it was returned from a walk thru with PCGS at a
show. It turned out to be the highest graded by 20 points of an extremely
rare Bust Dime.
It seems if the auction closed - you should not upset the apple cart by notifying
in a public forum that the seller had his shorts pulled down. ( In a manner of
speaking ).
JMHO
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
<< <i>Ill bet that the many complaining about this are the first ones to return the "cherrypick" when they find out it wasn't really a cherrypick. Just saying. >>
+1, and some here openly admit to this practice. IMHO, it's not a true cherry pick when you guess and you're wrong, only to return the item at the sellers expense.
That said, at a coin show or B&M I never tell the dealer what I have -- why make him look closer or be more careful in the future.
Also, why make him aware?
My reading/work/education, his loss.
Best cherry pick: from a B&M, a 1909 S Lincoln n F-12.
Now in a 1909 S VDB holder, F-12.
and the dealer still doesn't know-- and this was over 10 years ago
BHNC #203
If you were selling a coin that was worth more than you knew, does it matter who knows after ?
"Finders keepers losers weepers" should be the mantra. Maybe I'm old school, but that's how the world of collectibles was introduced to me.
Who cares where or how ? Share it loud and share it now. (it's obvious I voted in the minority) I like celebrating "YOU SUCK" awards, early and often.
https://acoinshop.com/ —-> https://ebay.us/m/KxolR5
<< <i>After all, there is no numismatic Santa >>