Mallard4468 posted:Interesting points of view being expressed... don't tell anyone and get a good deal for oneself, or try to expose the error to expose the item to a wider audience and lead to a fair price for the seller. Trying very hard not to be judgmental.
Do you tell every seller that you buy from what the fair market value is? or if they simply don't know what they have?
For those who I expect to know (ie train dealers / auction houses), I don't feel it is my job to tell them what they have as they are holding themselves out to be "experts" by being in their profession.
However, that being said, I recently purchased a 111-year old set from a seller who indicated it was their grandfather's set. I paid them what I thought was market, which was significantly more than they were expecting for the set. They clearly had no idea of what they had and I was willing to pay a fair price to get something that had not been touched by a train dealer.
