hotel coin buyers

"stonej" wrote in message
oups.com...
It's perfectly legal. Is it moral? I report, you decide.

Not moral. You asked and I decided.

I always get in trouble for doing this, but, oh, what the Heck...let me up
the ante.

Suppose that the hotel buyer buys a hand-me-down collection for a thousand
dollars. He turns it for $2000. That buyer in turn sells it for $3000.
The new owner flips it at $4000. It walks into a shop and gets purchased
for $5000. I walk into the shop and buy it for $6000, its retail value
according to the "book." The next morning I offer the collection to a
client of mine and sell it to him for $7000. Figuring that he got the best
of me to the tune of about a grand, he heads for the hotel the next
morning... Seven different people have made $1000 each on the collection.
An eighth anticipates doing likewise. Your mission, should you decide to
accept it: Identify the moral individuals in this scenario.

James

Somewhere "Intent" has to enter the equation. One thing we know for sure,
the hotel buyer isn't going to flip it for a quick small profit. Using the
senario of the 14 D Lincoln we sent down, he was going to buy it for $440
and sell it to any number of reputable dealers for $2K plus.

The same thing happens at pawn shops. They buy as cheap as the hotel guys.

James Higby wrote:
"stonej" wrote in message
oups.com...

It's perfectly legal. Is it moral? I report, you decide.

Not moral. You asked and I decided.


I always get in trouble for doing this, but, oh, what the Heck...let me up
the ante.

Suppose that the hotel buyer buys a hand-me-down collection for a thousand
dollars. He turns it for $2000. That buyer in turn sells it for $3000.
The new owner flips it at $4000. It walks into a shop and gets purchased
for $5000. I walk into the shop and buy it for $6000, its retail value
according to the "book." The next morning I offer the collection to a
client of mine and sell it to him for $7000. Figuring that he got the best
of me to the tune of about a grand, he heads for the hotel the next
morning... Seven different people have made $1000 each on the collection.
An eighth anticipates doing likewise. Your mission, should you decide to
accept it: Identify the moral individuals in this scenario.

James



Are you having the new Pope or the head Rabbi or Ayatolla decide this?
Not morality -- ethics!

"Edwin Johnston" wrote in message
...
stonej wrote:
It's perfectly legal. Is it moral? I report, you decide.

Not moral. You asked and I decided.


Morality is about religion. Businesses aren't about religion.
Now, ethical is another question.

Your statement sent me to two dictionaries. The American Heritage
Dictionary, 4th edition (current) makes no mention of religion whatsoever
under the rubric of moral. It offers ethical, virtuous, and righteous as
synonyms, and mentioned the religious aspect somewhat obliquely in its
discussion of righteous. The Mirriam-Webster 3rd International Unabridged
(current) listed the same synonyms and added noble to the mix. The
religions aspect was mentioned, but only after a half-column of very tiny
print.

James

"Wes Chormicle" wrote in message
k.net...
Somewhere "Intent" has to enter the equation. One thing we know for sure,
the hotel buyer isn't going to flip it for a quick small profit. Using
the senario of the 14 D Lincoln we sent down, he was going to buy it for
$440 and sell it to any number of reputable dealers for $2K plus.

The same thing happens at pawn shops. They buy as cheap as the hotel
guys.

Perhaps my perception is wrong, but I have always viewed the pawnbroker,
always present in his shop at the corner of Walk & Don't Walk, guitars and
jewelry displayed in the window, as preying on the desperate. The hotel
buyer blows into town and then blows out, preying on those who have no
particular interest in their holdings and who are able to wait until he
comes to town. My own personal Hell consists of going to Heaven, looking
down, and seeing my widow take my collection to a hotel buyer. As a matter
of fact, I'll bet that at least a few items in my collection passed through
such hands on their way to me.

James
'what a horrible, grisly thought'

Morality is about religion. Businesses aren't about religion.
Now, ethical is another question.


Then again there is that "worship of money" thing and since businesses
are in the
game to make money..... maybe businesses are about religion (or
something similar).

James Higby wrote:
"Edwin Johnston" wrote in message
...

stonej wrote:

It's perfectly legal. Is it moral? I report, you decide.

Not moral. You asked and I decided.


Morality is about religion. Businesses aren't about religion.
Now, ethical is another question.


Your statement sent me to two dictionaries. The American Heritage
Dictionary, 4th edition (current) makes no mention of religion whatsoever
under the rubric of moral. It offers ethical, virtuous, and righteous as
synonyms, and mentioned the religious aspect somewhat obliquely in its
discussion of righteous. The Mirriam-Webster 3rd International Unabridged
(current) listed the same synonyms and added noble to the mix. The
religions aspect was mentioned, but only after a half-column of very tiny
print.

James



Heh! Show me a business or profession with a Code of Morals ....

stonej wrote:
Morality is about religion. Businesses aren't about religion.
Now, ethical is another question.


Then again there is that "worship of money" thing and since businesses
are in the
game to make money..... maybe businesses are about religion (or
something similar).


lol! Man doth not live by "bread" alone.

"Edwin Johnston" wrote in message
...
James Higby wrote:
"stonej" wrote in message
oups.com...

It's perfectly legal. Is it moral? I report, you decide.

Not moral. You asked and I decided.


I always get in trouble for doing this, but, oh, what the Heck...let me up
the ante.

Suppose that the hotel buyer buys a hand-me-down collection for a thousand
dollars. He turns it for $2000. That buyer in turn sells it for $3000.
The new owner flips it at $4000. It walks into a shop and gets purchased
for $5000. I walk into the shop and buy it for $6000, its retail value
according to the "book." The next morning I offer the collection to a
client of mine and sell it to him for $7000. Figuring that he got the best
of me to the tune of about a grand, he heads for the hotel the next
morning... Seven different people have made $1000 each on the collection.
An eighth anticipates doing likewise. Your mission, should you decide to
accept it: Identify the moral individuals in this scenario.

James



Are you having the new Pope or the head Rabbi or Ayatolla decide this?
Not morality -- ethics!

This all sounds like simple capitalism to me. As long as there are satisfied
buyers and sellers, the process will go on, morality or ethics notwithstanding.
Many of those in the retail chain make their money this way.

Bruce

? "Edwin Johnston" ?????? ??? ??????
...
James Higby wrote:
"Edwin Johnston" wrote in message
...

stonej wrote:

It's perfectly legal. Is it moral? I report, you decide.

Not moral. You asked and I decided.


Morality is about religion. Businesses aren't about religion.
Now, ethical is another question.


Your statement sent me to two dictionaries. The American Heritage
Dictionary, 4th edition (current) makes no mention of religion whatsoever
under the rubric of moral. It offers ethical, virtuous, and righteous as
synonyms, and mentioned the religious aspect somewhat obliquely in its
discussion of righteous. The Mirriam-Webster 3rd International
Unabridged (current) listed the same synonyms and added noble to the mix.
The religions aspect was mentioned, but only after a half-column of very
tiny print.

James


Heh! Show me a business or profession with a Code of Morals ....

???
Doctors, engineers, even lawyers :-)
Now if you ask me how many of them are following that code, well...

--

E' mai possibile, oh porco di un cane, che le avventure
in codesto reame debban risolversi tutte con grandi
puttane! F.d.A

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