Free Updates

Let us tell you when new posts are added!

Email:

Navigation

Categories

Search

Archives

<January 2009>
SunMonTueWedThuFriSat
28293031123
45678910
11121314151617
18192021222324
25262728293031
1234567

More Links










 Wednesday, April 04, 2007
How good of a person are you? I would buy the card – does that make me a bad guy, or honest?
Posted by Chris

HonusWagnerCard.jpegI wanted to share with you a situation that I used to talk about with a former Upper Deck colleague. I also would like to encourage responses, as this is a situation that many of us may struggle with, and honest answers may be very interesting.

We all have been to rummage sales in our day, and are always looking for a good deal. What if that “good deal” was too good of a deal? Hypothetically speaking, if you went to a rummage sale and there was a real Honus Wagner T206 card with a $5 price tag on it, what would you do?

Did I mention this hypothetical situation fielded a nice old lady as the seller? I am going to be straight-up honest. I probably would buy the card and never look back. My defense is that she probably paid nothing for the card and was happy with the $5. I know that is not the politically-correct response that some people may expect, but hey… At least I am being honest.

lady.jpgMy former coworker’s answer, even though I am not sure I believe him, was that he would tell her the value of the card and facilitate a sale through a big-time dealer, collector or auction house. He then would probably be entitled to some sort of a finder’s fee.
Another response would be to tell the lady that she has a real treasure and she should get thousands of dollars for the card. This would leave you with no money, but feeling really good about yourself… Not!

I am sure some of my blog readers have even been involved with this sort of situation, probably with a piece a lot less significant than a Wagner, but a similar situation nonetheless.

t206guys.jpgLet’s see some responses! Does anyone want to share a story? Maybe we should ask these guys.




4/4/2007 3:42:23 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [4]
4/4/2007 5:12:14 PM (Eastern Daylight Time, UTC-04:00)
I'd tell the old lady. I've done a few shady things in my life, or things I wasn't proud of, and lived to regret it. My conscience can't take it. I'd tell the old lady ... then I'd sulk about it the rest of my life because of the money I lost by being a nice guy.

The Piledriver
4/5/2007 4:08:48 PM (Eastern Daylight Time, UTC-04:00)
I would buy the card for $5. I would then have the card authenticated as I would not be 100% confident that I could identify a real Wagner T206. The card may not even be worth $5. IF it was real, I would sell it. At this point, I would have a meeting with a tax guy and figure out the tax rules on monetary gifts. I would weigh the math and offer the lady a generous gift, simply explaining that I found something at her yard sale that turned out to be a rare, authentic item. I would not even tell her what the item was, if you did, you might be suprised to find a police report filed later in the week by a long lost grand child stating that this item was stolen during the garage sale. The old lady may or may not accept the gift. Is the lady a multi millionaire living on an 800 acre estate or someone just trying to scrape by day by day, those are potential factors when calculating the gift. The buyer of the card has a treasured item, you have a finders fee, and the lady has bonus cash offered to her from out of the blue, no strings attached. With all this being said, lump sum financial freebies in reality often times seem to be a curse.............. be careful what you ask for.............
4/6/2007 4:11:15 PM (Eastern Daylight Time, UTC-04:00)
Chris - this topic sounds like a good idea for one of those hidden camera TV reality shows. Do you have the power to make that happen? I'd be interested to know if ANYBODY would tell the old lady what she really had. Highly unlikely in my opinion.
4/6/2007 4:25:46 PM (Eastern Daylight Time, UTC-04:00)
Good call Roger... Candid Camera here we come!

Yeah, it's funny how many people will say they wouldn't snatch it up, but I bet if they actually saw that T206 gem in real life, they may change their mind.

Name
E-mail
Home page

Comment (HTML not allowed)  

Enter the code shown (prevents robots):