Posted by jon f mn on April 08, 2016 at 08:39:47 from (70.194.241.204):
An older neighbor, 80+ years old, is trying to sell his farm. He has a lot of old farm machinery and scrap metal laying around. A lot of it is Case which is where my interest comes in. He needs to clean this up to sell his place. I have been doing some trading with him on some welding and labor in exchange for some parts I wanted. Now it's getting closer to needing to be done and he is going to start hauling in stuff to the scrap yard. He does still have some things left with good parts that I could sell for him. Not only would this get him more money, but would help out other colectors with parts.
The issue for me starts here.
1. He doesn't need the money as he is wealthy, so it's not a deal where I would be helping him supliment his retirment.
2. I'm not wealthy.
So my question is, is it ethical to make deals on each piece with him for the best deal I can get and then sell off the parts for what I can get, keeping the profits. Or am I obligated to just facilitate the sale and pass on all the money less my direct costs?
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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