Is the term, "honest dealer" an oxymoron?
CoinHusker
Posts: 5,034 ✭✭✭
Because "isn't there a little larceny in everybody?" 
And isn't realizing that possibility helpful when dealing with people on both sides of the table in the hobby?
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edit to add: I brought it up because twice this week, the title I used was expressed to me in one form or another by people who sit on both sides of the table about people who I really like and trust on both sides of the table. Which really surprised me. I'm glad to see the responses.
Thanks
And isn't realizing that possibility helpful when dealing with people on both sides of the table in the hobby?
--------------------------------------------------------
edit to add: I brought it up because twice this week, the title I used was expressed to me in one form or another by people who sit on both sides of the table about people who I really like and trust on both sides of the table. Which really surprised me. I'm glad to see the responses.
Thanks
Collecting coins, medals and currency featuring "The Sower"
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Comments
<< <i>Is the term, "honest dealer" an oxymoron? >>
Why do you find it necessary to insult an entire class of people?
Note for those who don't get it: Billy Mays is the guy in the commercials who yells his head off about Oxy-this and Oxy-that.
An authorized PCGS dealer, and a contributor to the Red Book.
About three years ago I bought a coin from a dealer and everything went smoothly...so I bought another, and another. These were relatively minor purchases but I was happy with each one. About six months later this dealer had a major colonial rarity in his inventory (a copper Myddelton Token). The only way I could get it was to trade several of the coins in my collection. But this was a coin I wanted badly and had dreamed of since I was a kid. So I decided to try and make the trade at an upcoming show in Baltimore. The dealer examined each of my trade coins and offered a certain amount in trade for each one. We haggled a bit, but came up with a deal that worked for both of us. I went home happy with my new Myddelton and all was right with the world.
A couple of days later I got an email from this dealer. Seems he had gone back through the paperwork and found an error in our trade deal. He had given me $300 for one of my coins toward the trade at the show. But he was writing to let me know that he should have valued the coin at $400 and that he was sending me a check for $100. Sure enough, within a couple of days I had the check in my hand.
Is he a perfect dealer? No..he doesn't give me 50% discounts on any coin I want.
deal with brian wagner...mark feld...you'd know this as they are near n dear as friends can be...tha on yer side types
<< <i>Nobody's perfect...at least not all the time. But here's a story about a dealer...
About three years ago I bought a coin from a dealer and everything went smoothly...so I bought another, and another. These were relatively minor purchases but I was happy with each one. About six months later this dealer had a major colonial rarity in his inventory (a copper Myddelton Token). The only way I could get it was to trade several of the coins in my collection. But this was a coin I wanted badly and had dreamed of since I was a kid. So I decided to try and make the trade at an upcoming show in Baltimore. The dealer examined each of my trade coins and offered a certain amount in trade for each one. We haggled a bit, but came up with a deal that worked for both of us. I went home happy with my new Myddelton and all was right with the world.
A couple of days later I got an email from this dealer. Seems he had gone back through the paperwork and found an error in our trade deal. He had given me $300 for one of my coins toward the trade at the show. But he was writing to let me know that he should have valued the coin at $400 and that he was sending me a check for $100. Sure enough, within a couple of days I had the check in my hand.
Is he a perfect dealer? No..he doesn't give me 50% discounts on any coin I want.
Sounds like a very good guy to deal with.
Minority?? Perhaps
I have had many, many a great transaction with many of the folks here, and in general.
I would think the better question would be....an honest lawyer ( I'm married to one ) or an honest used car dealer ?
If you want references, please pm
<< <i>Because isn't there a little larceny in everybody?
And isn't realizing that possibility helpful when dealing with people on both sides of the table in the hobby?
If you believe your statement is an oxymoron then you should find other dealers to work with.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
The ones I work with are fair, honest, reasonable folks often generous with their time. But it wouldn't surprise me if they were less appreciated by some personalities and maybe less tolerant of them.
<< <i>No, but the name "Billy Mays" is an oxy-moron.
Note for those who don't get it: Billy Mays is the guy in the commercials who yells his head off about Oxy-this and Oxy-that. >>
I'll co-sign that!!!
Dealers are no different than the rest of the population.
``https://ebay.us/m/KxolR5
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
<< <i>Nobody's perfect...at least not all the time. But here's a story about a dealer...
About three years ago I bought a coin from a dealer and everything went smoothly...so I bought another, and another. These were relatively minor purchases but I was happy with each one. About six months later this dealer had a major colonial rarity in his inventory (a copper Myddelton Token). The only way I could get it was to trade several of the coins in my collection. But this was a coin I wanted badly and had dreamed of since I was a kid. So I decided to try and make the trade at an upcoming show in Baltimore. The dealer examined each of my trade coins and offered a certain amount in trade for each one. We haggled a bit, but came up with a deal that worked for both of us. I went home happy with my new Myddelton and all was right with the world.
A couple of days later I got an email from this dealer. Seems he had gone back through the paperwork and found an error in our trade deal. He had given me $300 for one of my coins toward the trade at the show. But he was writing to let me know that he should have valued the coin at $400 and that he was sending me a check for $100. Sure enough, within a couple of days I had the check in my hand.
Is he a perfect dealer? No..he doesn't give me 50% discounts on any coin I want.
I think midlife should out the low life that seems to be making other scammers look bad. I would like to visit his inventory.
Do your homework, wether dealing with coins, doctors, plumbers, lawyers etc.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
As a car dealer, we see the same thing, most dealers that I know are honest people, they don't want junk on their lot, from the used car lots who do the $2,995 cash specials to the Lexus dealer and they stand behind what they sell. On the other hand, you always have the slimeballs who sell previously badly wrecked cars, forge finance documents, etc etc.
Some are as honest as the day is long while other will rip you in a heartbeat!
The latter, I avoid like the Plague.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Franklin-Lover's Forum
Also I feel that once your a bit seasoned if your dealing with a dealer that's not... you'll know when it's time to put on the big boots!
No.
-David
<< <i>
<< <i>Is the term, "honest dealer" an oxymoron? >>
Why do you find it necessary to insult an entire class of people? >>
Every profession has a ten percent sh!t factor, coin dealers have no exemption. So in other words, 90 percent of coin dealers are OK.
A dealer once told me that I might make more money by using other dealers, but by using him he felt very good about the fact that I would likely lose a lot less in money using his services. For me it's really more about the coins the dealer sells, not so much about the price. Honest dealers sell honest coins and make good money doing so.
" you might make more money using other dealers -but you would loose less money dealing with him "
As some of you know I really get into Modern Commeratives. A few years ago I purchased the WW2 set of ebay. I was very happy with my purchase since it was under the going rate for the set. When I get the coins in the mail I find that they were the uncir set and not the proof set (the auction was for the proof set). I contacted the dealer who offered to switch out the coins and even offered me the Uncir set for the same low price. Being poor I choose to exchange them, however before I even had a chance to ship them back the guy OVERNIGHTED the proof coins to me first!
The guy took the trouble to overnight the coins to me BEFORE I had even sent the other ones back. Had I been a crook I could have just kept them both.
njcc
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>No, "honest dealer" is not an oxymoron, it is redundant in my experience.
The ones I work with are fair, honest, reasonable folks often generous with their time. But it wouldn't surprise me if they were less appreciated by some personalities and maybe less tolerant of them. >>
I'd have to agree. Pick your dealers carefully and you'll be satisfied with him/her.
After all, if we didn't have dealers, how could we ever complete our collections?
And, would you expect a dealer not to make an honest profit? NO!
This, of course, doesn't apply to ebay but there are also some good sellers there too.
I'm not a dealer, just a realist who has sold a few things on ebay with happy customers.
Almost 3000 positive FB with one negative (jdtan) from a very unhappy seller who was
ticked off because I left him a neg. after paypal decided in my favor against him
for selling me a collection of Lincolns with a fake 1914-D, shown as XF++.
The initials were on Lincoln's shoulder! Also, it was a horribly reworked 1944-D.
JT
I collect all 20th century series except gold including those series that ended there.