General Discussion
In reply to the discussion: Contrary to what I have read here, I think "Pawn Stars" [View all]pipoman
(16,038 posts)My point is that pawn shop owners who don't value the valuable in favor of used nintendos are not fully realizing the opportunity before them..Now I am sure they can make money on used nintendos, but they can also loose money on ignorance driven missed opportunity.
I guess I've been doing it wrong all these years, eh? Oh, and the courts don't quite agree with you. I first learned of this several years ago in a case where a man sold an indian blanket to a known collector of blankets for 10k and the buyer revealed that the blanket was a rare first chief's blanket worth 100k+. The seller sued, even though the seller set the price. The buyer lost and had to pay because he was an expert who failed to disclose that the known value was far higher than the price asked..the court found that the expert was obligated to tell the seller. I have paid people more than their asking price a few times over the years. The easiest way to chisel a price is to convince a person they are asking too much, and that I am going to see a profit or I'm not buying it.
This seems more of a business ethics question...I don't think I wish to do business with your business model..