Seller sues dealer/buyer for a high flip

[G1911]

Originally Posted by Eric72

A $4,400,000 item for $157 goes far beyond normal.

Hell, even if the mask didn’t go for 10x estimates, a $440,000 item for $157 goes way outside the lines. For those of you that would gladly fork over the $157 without saying a word, congratulations. Test concluded, it’s verified; you’re one of those scumbag pieces of $#!t that gives the hobby a bad name.

I do not think I have ever met a collector and/or investor, who if offered a genuine T206 Wagner for $157, would not buy it.

[Eric72]

Originally Posted by G1911

I do not think I have ever met a collector and/or investor, who if offered a genuine T206 Wagner for $157, would not buy it.

You've never met someone who would stop the seller and let them know what they had? That's unfortunate.

[ALBB]

Its funny..

its looked at differently when its the " old story " ...the guy at garage sale buys a " reprint " 1776 US / Independence era document for 5 bucks...and it turns out its real and valued at 1 million bucks

Does it come down to " he didn't know it was real" or "knew it might have been real ", or" knew its definitely real "?

[G1911]

Originally Posted by Eric72

You've never met someone who would stop the seller and let them know what they had? That's unfortunate.

Perhaps it is. Or perhaps this moral high horse is just not really how people and the world work. Show me a man who wouldn’t hand me the $157 and take the card and I will show you the perfect man or a liar.

[Peter_Spaeth]

Originally Posted by G1911

Perhaps it is. Or perhaps this moral high horse is just not really how people and the world work. Show me a man who wouldn’t hand me the $157 and take the card and I will show you the perfect man or a liar.

Pathetic, IMO. And no moral high horse either. Just how I think.

[G1911]

Originally Posted by Peter_Spaeth

Pathetic, IMO. And no moral high horse either. Just how I think.

Pathetic I am. But at least I am honest.

[Peter_Spaeth]

Originally Posted by G1911

Pathetic I am. But at least I am honest.

Don't generalize then about everyone else.

[G1911]

Originally Posted by Peter_Spaeth

Don't generalize then about everyone else.

That I am pathetic and you do not like me does not mean I may not speak on human nature. Insult away.

[Peter_Spaeth]

Originally Posted by G1911

I do not think I have ever met a collector and/or investor, who if offered a genuine T206 Wagner for $157, would not buy it.

You haven't met me or Eric then. And I suspect countless others. No way would I want that on my conscience.

[G1911]

Originally Posted by Peter_Spaeth

You haven't met me or Eric then. And I suspect countless others. No way would I want that on my conscience.

I am sure many will say it. But life teaches that very very few would actually choose the moral horse over hundreds of thousands of dollars when offered directly to them without any coercion or illegalities or proposing it themselves.

Congratulations to those of you who are paragons of human virtue and would never take such an offer.

[Peter_Spaeth]

Originally Posted by G1911

I am sure many will say it. But life teaches that very very few would actually choose the moral horse over hundreds of thousands of dollars when offered directly to them without any coercion or illegalities or proposing it themselves.

Congratulations to those of you who are paragons of human virtue and would never take such an offer.

No moral high horse or virtue signalling, and far from perfect. Just being truthful. Not everyone is ruled by money.

[Eric72]

Originally Posted by G1911

I am sure many will say it. But life teaches that very very few would actually choose the moral horse over hundreds of thousands of dollars when offered directly to them without any coercion or illegalities or proposing it themselves.

Congratulations to those of you who are paragons of human virtue and would never take such an offer.

There are many who would say, if only to themselves, they would hand over the cash and take the card. I'm fairly certain, though, even some of those folks would change course at the moment of truth.

It's really not a moral high horse or some "perfect man or a liar" situation. It's just one possible course of action. For me, and others I'm sure, it's the one that makes the most sense.

And sure, there are some who would profess (publicly or otherwise) they'd do the right thing. Then, when the opportunity arose, they would silently grab the card and high-tail it out of there.

Like many "big" decisions in life, we don't really know what we'll do until confronted with the choice. I believe, however, it would be folly to think everyone would make the same choice when presented with a situation like this.

[Ima Pseudonym]

Originally Posted by Eric72

There are many who would say, if only to themselves, they would hand over the cash and take the card. I'm fairly certain, though, even some of those folks would change course at the moment of truth.

It's really not a moral high horse or some "perfect man or a liar" situation. It's just one possible course of action. For me, and others I'm sure, it's the one that makes the most sense.

And sure, there are some who would profess (publicly or otherwise) they'd do the right thing. Then, when the opportunity arose, they would silently grab the card and high-tail it out of there.

Like many "big" decisions in life, we don't really know what we'll do until confronted with the choice. I believe, however, it would be folly to think everyone would make the same choice when presented with a situation like this.

If I absolutely knew that something was worth "x", I would offer a reasonable percentage of that -- even if the sticker price was pennies on the dollar.

However, if I was unsure about the value of something, and I merely suspected that it might be more valuable, then I'd be perfectly fine picking it up for pennies. In this case, the risk and expense for research was 100% on the antiques guy. He deserves the windfall.

I have no sympathy for the person who KNOWS the authenticity and provenance of an item and simply chooses to ignore it.

[Snapolit1]

Originally Posted by Peter_Spaeth

You haven't met me or Eric then. And I suspect countless others. No way would I want that on my conscience.

How about you walk into a used book store and are thumbing through an old book and sitting in the middle of the book is a Wagner card. Pristine. So the seller doesn’t know it’s there and never knew it was there. Same equation? Just curious.

[Peter_Spaeth]

Originally Posted by Snapolit1

How about you walk into a used book store and are thumbing through an old book and sitting in the middle of the book is a Wagner card. Pristine. So the seller doesn’t know it’s there and never knew it was there. Same equation? Just curious.

I hate the Socratic method unless I'm the one doing it. I guess analytically it's probably the same, although in that situation I'd sure give some thought to how to distinguish it.

[raulus]

Originally Posted by Peter_Spaeth

I hate the Socratic method unless I'm the one doing it. I guess analytically it's probably the same, although in that situation I'd sure give some thought to how to distinguish it.

SMH.

Just no moral compass...

[Peter_Spaeth]

Originally Posted by raulus

smh.

Just no moral compass...

lol. In the end I'd probably come out the same way though. Now if I found one on the sidewalk....

[packs]

Antiques Roadshow is all about happy accidents and things. People love the show for these stories, no?

[Snapolit1]

Originally Posted by Peter_Spaeth

lol. In the end I'd probably come out the same way though. Now if I found one on the sidewalk....

Maybe I’d sell it for $5 million and stop by and give the book store guy $1 million to retire on. That would be cool.