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« Last edited by yos9694 on August 18, 2021, 01:46:13 PM »

Author Topic: New Coin Deal  (Read 1228715 times)

Offline a good yeshiva bachur

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Re: New Coin Deal
« Reply #1960 on: September 07, 2018, 04:12:43 PM »
So your buyers may think of respecting you
  ::)

Offline Ephcc90

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Re: New Coin Deal
« Reply #1961 on: September 07, 2018, 04:26:08 PM »
I don't know the terms of anyone's agreement but I understood the gist of it to be "if you buy *and* send the coin I'll pay you X." If someone doesn't end up buying the coin would there be an issue? So not sure why someone buying and not sending is any different...

Offline knowitall

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Re: New Coin Deal
« Reply #1962 on: September 07, 2018, 04:58:57 PM »
i personally stick with my buyer no matter the commission wars altz hakaras hatoiv.
just pointing out though, that were the price to plummet you can return it to the mint...
True, but you don't get the shipping back and you pay the cots of return shipping, which can cost a bit if you ship insured.
Better than a $100+ loss, not as good as getting the CC spend and the $50 commish.

Offline a good yeshiva bachur

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Re: New Coin Deal
« Reply #1963 on: September 07, 2018, 05:06:37 PM »
I don't know the terms of anyone's agreement but I understood the gist of it to be "if you buy *and* send the coin I'll pay you X." If someone doesn't end up buying the coin would there be an issue? So not sure why someone buying and not sending is any different...

mi sheparah....

Offline Ephcc90

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Re: New Coin Deal
« Reply #1964 on: September 07, 2018, 05:55:36 PM »

Explain? Can't claim to be an expert in the suguia but really doesn't seem applicable to this scenario.

Offline aygart

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Re: New Coin Deal
« Reply #1965 on: September 07, 2018, 06:05:58 PM »
Explain? Can't claim to be an expert in the suguia but really doesn't seem applicable to this scenario.

I am pretty sure you are correct that it doesn't apply.

Edited to reflect that i typically don't do choshen mishpat
« Last Edit: September 07, 2018, 06:33:07 PM by aygart »
Feelings don't care about your facts

Offline a good yeshiva bachur

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Re: New Coin Deal
« Reply #1966 on: September 07, 2018, 06:10:33 PM »
What I wanna compare here is the מי שפרע... ממי שאינו עומד בדיבורו
I know this is not the same case however if you look up the הגאות אשריי in ב״ק in the 9th פרק he speaks about a case of a merchant gave money to a שליח to buy him something and the שליח took the merchants money and bought something else with that money and this something else will make tons of profit....
The מחלוקת here is about what they said, (not קנינים or money)...
Who’s right?
« Last Edit: September 07, 2018, 06:20:16 PM by a good yeshiva bachur »

Offline a good yeshiva bachur

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Re: New Coin Deal
« Reply #1967 on: September 07, 2018, 06:10:46 PM »
You are correct that it doesn't apply
Why not? I’m not learning that סוגיא now but it really seems to be the same...

Offline aygart

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Re: New Coin Deal
« Reply #1968 on: September 07, 2018, 06:11:57 PM »
Feelings don't care about your facts

Offline a good yeshiva bachur

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Re: New Coin Deal
« Reply #1969 on: September 07, 2018, 06:13:34 PM »
Because no money changed hands.
so what, it doesn’t have to

Offline aygart

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Re: New Coin Deal
« Reply #1970 on: September 07, 2018, 06:16:12 PM »
Feelings don't care about your facts

Offline a good yeshiva bachur

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Re: New Coin Deal
« Reply #1971 on: September 07, 2018, 06:21:06 PM »
Source?
will find מראה מקומות on shabbos

Offline zagguru

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Re: New Coin Deal
« Reply #1972 on: September 08, 2018, 08:47:04 PM »
Am i allowed to open up the shipping box?

Offline sruly

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Re: New Coin Deal
« Reply #1973 on: September 08, 2018, 08:52:40 PM »
Am i allowed to open up the shipping box?
no

Offline sddd

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Re: New Coin Deal
« Reply #1974 on: September 08, 2018, 10:25:30 PM »
Buying the coins and relying on PFS to pay you and honor his promise in case they go down in price or stay the same; but planning on keeping the coins to sell yourself in case they go higher then the promised commission is clearly unfair - he's assuming all the risk and you have all the gain. Heads I win tails you lose.

Everyone was aware that the coins may appreciate more and had the choice not to sign up with him. They did so because they wanted the guaranteed reimbursement.

Offline yossig

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Re: New Coin Deal
« Reply #1975 on: September 08, 2018, 10:43:42 PM »
Buying the coins and relying on PFS to pay you and honor his promise in case they go down in price or stay the same; but planning on keeping the coins to sell yourself in case they go higher then the promised commission is clearly unfair - he's assuming all the risk and you have all the gain. Heads I win tails you lose.

Everyone was aware that the coins may appreciate more and had the choice not to sign up with him. They did so because they wanted the guaranteed reimbursement.
+1

Offline ChaimMoskowitz

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Re: New Coin Deal
« Reply #1976 on: September 08, 2018, 10:53:39 PM »
Buying the coins and relying on PFS to pay you and honor his promise in case they go down in price or stay the same; but planning on keeping the coins to sell yourself in case they go higher then the promised commission is clearly unfair - he's assuming all the risk and you have all the gain. Heads I win tails you lose.

Everyone was aware that the coins may appreciate more and had the choice not to sign up with him. They did so because they wanted the guaranteed reimbursement.

If you committed to someone HONOR that commitment.
I just found a new supply of forks!

Offline popcorn1508

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Re: New Coin Deal
« Reply #1977 on: September 09, 2018, 02:02:16 AM »
I'm posting in this thread in the hopes that I too will get a PM offering that much.
+1
I have not committed to anyone (yet)

Offline hide4

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Re: New Coin Deal
« Reply #1978 on: September 09, 2018, 04:18:40 AM »
Buying the coins and relying on PFS to pay you and honor his promise in case they go down in price or stay the same; but planning on keeping the coins to sell yourself in case they go higher then the promised commission is clearly unfair - he's assuming all the risk and you have all the gain. Heads I win tails you lose.

Everyone was aware that the coins may appreciate more and had the choice not to sign up with him. They did so because they wanted the guaranteed reimbursement.
It may be unfair, but that's business. When the price goes down and a business doesn't honor the deal, he may as well close shop. When the price goes up, and the guy with one coin doesn't honor his deal, he has nothing to lose.

Offline davidrotts63

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Re: New Coin Deal
« Reply #1979 on: September 09, 2018, 04:19:48 AM »
It may be unfair, but that's business. When the price goes down and a business doesn't honor the deal, he may as well close shop. When the price goes up, and the guy with one coin doesn't honor his deal, he has nothing to lose.
You're oversimplifying it.
In reality it's true.
But in honesty it's a whole different story.
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch