AIRFORCEMIKE
Forum Supporter
give coin_master his coin back Patton tell him to use the dollar to put gas in his moms car.
Mary and Johnny sound like capitalist pigs at those prices..............But I agree with your post.............................To those who are saying "hey he found it anyway" or "he doubled his money" or "it cost him nothing in the first place" let me ask you this. You are detecting at the beach and pull up a gold ring...you found it, it cost you nothing - would you sell it for a buck? No? Why not? A buck would be more than you had before you found the ring, right?
The difference is that you are an adult and know that selling it for a buck would be ridiculous as it has a much higher value. We're talking about a kid here that obviously has no idea. I don't think you can really use the "hey he named his price and I paid it!" justification on a 10 year old can you? Yikes. The OP also asked the kid if he wanted to sell it, it's not like the kid had a little coin stand set up and was actively selling stuff (though even here I wouldn't feel good paying a kid 1/12th of what something was worth).
You know why we pay 2 bucks for a lemonade that's probably 'worth' 10 cents when little Mary and Johnny down the road have their stand set up? Cuz they're kids...and it's worth it.
Mary and Johnny sound like capitalist pigs at those prices..............But I agree with your post.............................
The kid was crawling around on the floor, and found 50 cents. Scrounging around like that, probably meant that he didn't have enough money for what he wanted to buy.
I had to chuckle here. Every one of us has crawled around on our knees scrounging in the dirt for a penny before. Come home filthy after digging in wet ground for 8 hours boasting to our wives that we found $2.38 in clad and a junk ring. LOL Seriously, I would do whatever my conscience tells me to do. In my case I would have given him more for the coin.
Regardless of what something is "worth"..when it comes down to it it's only worth what someone else is willing to pay..
I told him I collected these and I asked him if he wanted to sell it. "Sure, he replied." How much I asked. "I will take a dollar for it he replied." I bit my tongue and said ok. Later when my wife got home I told her the story. She feels I should give the coin back or pay him more dough. She wants to see what the other members on here thinks. I do feel bad, but he FOUND the coin! Its not like it was in his collection. (If he really has one.) Patton
I offer you a way out of your moral dilema. I'll give you $2 for the coin.
So you rip off a 10 year old and post it in the "family friendly" area?
When I was younger, my brother raided my coin collection and bought candy for face value of the coins. The candy shop owner refused to give them back to me.
Does the saying "taking candy from a baby" mean anything to you? I'll bet the coins you got were taken from an adult collection. I'd contact the boys family.
the "By ripping off a 10 year old lad, I will go to hell." category........................................That catagory is what I deemed would best fit the situation. If you have a better one to post it in, I'm listening.
In KT's mind this is fair and square and here is why....you asked him a price. He could have said $10 or $2 but he said $1....BUT if you back in that store and see that kid, ask him if he would like to have a slushy or candy bar or whatever. He will be happy and you will feel better. In fact, make that a habit until you are within a couple of dollars of salvage silver value.....then you will have squared it all with him, AND made a new friend! You could then ask him exactly WHERE did he find it! LOL Could lead to more!
I ran across this same situation when I was in college, I was working along a railroad track when to 10 year olds walked up to me and said, Look mister! We found a gold ring! I looked at it with my lens and it certainly was...a mens ring...pretty large...14 K and no initials in it...had a large synthetic ruby stone in it...my birth stone.
I said, you want to sell it? They said yeah! They said, how much? and knowing that all I had that day with me was 2 5 dollar bills, I said, 10 bucks, 5 for each of you!
They pounced on it. I later took the ring to a local jewelry store and was offered 50 bucks for it and i took it....gold was hovering at around $40 an ounce at the time so I knew he was not going to scrap it but polish it up and put it in his retail stock....and to a college kid whose school stipend was $60 a month, that $30 profit was a God-send!
Thank you for the grown up perspective. Of course you are right. The child is in no position to barter intelligently with an adult.
If I know my friend Patton, and I think I do, he will do the right right thing. I have seen him deal with stuff like this before and he always does what's right.
Of course, he could always take my offer of $2...
He then proceeds to tell me he has a Morgan Silver Dollar worth $17,000, two $20 Gold pieces, and dozens of other coins.
Tends to make me think he knew what he had or else he was selling of his dad's stuff. I would be on the fence about that . Maybe call up his dad and find out for sure. I would probably just keep the coin and chalk it up to good fortune
Hey General, you're ok. What you did was perfectly fine. You made an offer, he accepted. and if his not happy it just a good learning lesson for him. Which I doubt his even worried about.