Quote:
Originally posted by
Oliveloaf
Quote:
Originally posted by
OneCentStamp
So basically, they're looking to sell that book at some future date for about a 300% markup. Pawn shops can't stay in business if they buy items for much more than 1/3 of what they can sell them for. I don't think it's unethical; that's just retail.
Like the bald guy on the show always says, "Now I gotta find someone who wants this." Having something "worth" $20,000 is meaningless until you find someone for whom it is a $20K item. The shop now has $7000 in a piece of merchandise that may sit there for months, if not years.
Here's the thing...he does always say that, and in most cases he's got a point. But this is a book that was owned by Sir Isaac Newton, there's got to be a market, but certainly it's esoteric, and I for one wouldn't know how to go about finding that market. He might, though, given his experience in the business for the last 25 years or whatever. So, is it taking advantage, given that he knows where to go to sell it and the seller doesn't?