I sent an ebay message to a dealer asking about a coin i felt was priced high. Made him an offer. I save on tax, he saves on fees and I use ebay to search his inventory. I email him the auction # and he sends me a quote. Everyone happy!!
@d9lowe said:
I sent an ebay message to a dealer asking about a coin i felt was priced high. Made him an offer. I save on tax, he saves on fees and I use ebay to search his inventory. I email him the auction # and he sends me a quote. Everyone happy!!
@d9lowe said:
I sent an ebay message to a dealer asking about a coin i felt was priced high. Made him an offer. I save on tax, he saves on fees and I use ebay to search his inventory. I email him the auction # and he sends me a quote. Everyone happy!!
Do you mean he bypasses ebay, and sells to you directly? Ebay severely frowns on that!
100th pint of blood donated 7/19/2022 . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
Do you shop lift too? Your stealing. eBay is a pretty darn good place. I believe your seller is a thief also. What makes you think that what you are doing is ok? Because you can? Shameful and sleezy . Don’t much care for either one. 🤨
@Jzyskowski1 said:
Do you shop lift too? Your stealing. eBay is a pretty darn good place. I believe your seller is a thief also. What makes you think that what you are doing is ok? Because you can? Shameful and sleezy . Don’t much care for either one. 🤨
If a coin dealer uses their coin company name as their eBay name or includes their business card in their coin pics, I imagine most buyers will check an eBay coin price on their web site and buy it at the less expensive location which is almost never eBay. If they do that, they will lose any eBay protections which is normally not a concern when dealing with a larger well-established dealer.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Ya but there using eBay for free advertising and a buyer list which is fine but not over and over. My conscience sez no no. Different strokes I guess 🤨
There is a dealer in the classifieds of The Numismatist who uses this as his business model. His ad is something like "Go to eBay. Search my listings. Email me at this address about what you'd like to purchase and I will give you a discount of whatever." Always wonder when I see his ad why eBay hasn't closed his account.
A number of sellers cross list items on their site as well as ebay, usually for a lower price on their own venue, as they are saving on ebay fees.
Regarding contacting sellers who have had a BIN listing up for an extended period of time and asking for consideration of a lower price, I can see no downside to that as many sellers already extend "special discount offers" via ebay to people watching their auctions anyway. The worse that happens is the seller declines or ignores you. I wouldn't want to deal with any seller who'd block me after a reasonable lower offer in the first place.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Inventory is inventory. If someone offers you a deal, you always have the option of ending an auction early. Its funny how people get in an uproar about this. Believe me, Ebay is doing just fine. Lol
@jt88 said:
If you think the seller asked for too much then just move on. Why bother to make offer
Agreed. Why even go there. I've been insulted with super low offers on a BIN without Best Offer in the past wherein the item was priced reasonably. Annoying.
If an eBay seller gets an offer that he doesn't like, how much effort does it take to make a counteroffer? I'm convinced that some eBay sellers aren't serious about selling their coins.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@PerryHall said:
If an eBay seller gets an offer that he doesn't like, how much effort does it take to make a counteroffer? I'm convinced that some eBay sellers aren't serious about selling their coins.
It takes none to ignore the offer. On the other hand, then the would-be buyers resent being ignored.
I'd also say that this thread started talking about coins that have no BO available. That takes a little more effort.
When someone makes a ridiculous lowball offer, I'm 100% convinced they aren't serious about buying coins.
I recently sold a UK gold piece. I had listed it when gold was in the low 1700s. Recently, when gold was over 1800, my listed price (FREE SHIPPING!) was actually 3% BELOW the bullion value of the coin. Yet people were still making offers (unsolicited). In one case, the offer was a full 15% below the bullion value of the coin. How much time would YOU want to spend on such offers?
@PerryHall said:
If an eBay seller gets an offer that he doesn't like, how much effort does it take to make a counteroffer? I'm convinced that some eBay sellers aren't serious about selling their coins.
It takes none to ignore the offer. On the other hand, then the would-be buyers resent being ignored.
I'd also say that this thread started talking about coins that have no BO available. That takes a little more effort.
When someone makes a ridiculous lowball offer, I'm 100% convinced they aren't serious about buying coins.
I recently sold a UK gold piece. I had listed it when gold was in the low 1700s. Recently, when gold was over 1800, my listed price (FREE SHIPPING!) was actually 3% BELOW the bullion value of the coin. Yet people were still making offers (unsolicited). In one case, the offer was a full 15% below the bullion value of the coin. How much time would YOU want to spend on such offers?
That's an extreme example. I was talking about reasonable offers. I still maintain that a counteroffer from the seller may result in the coin getting sold. Some eBay sellers appear to be hobbyists that just don't care if they sell a coin or not and they usually ask high retail for their coins. You see their coins month after month. It's like they are running a museum.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I will say I have watched a listing go on and on. I sent an offer and was immediately accepted. It was kinda cute because the seller was waiting for someone to offer. Great coin good price and the seller learned a little something. After a few friendly texts I learned that it was a relative watching the store. We had a good laugh and the listings changed for the better. You just never know. 😉
@PerryHall said:
If an eBay seller gets an offer that he doesn't like, how much effort does it take to make a counteroffer? I'm convinced that some eBay sellers aren't serious about selling their coins.
It takes none to ignore the offer. On the other hand, then the would-be buyers resent being ignored.
I'd also say that this thread started talking about coins that have no BO available. That takes a little more effort.
When someone makes a ridiculous lowball offer, I'm 100% convinced they aren't serious about buying coins.
I recently sold a UK gold piece. I had listed it when gold was in the low 1700s. Recently, when gold was over 1800, my listed price (FREE SHIPPING!) was actually 3% BELOW the bullion value of the coin. Yet people were still making offers (unsolicited). In one case, the offer was a full 15% below the bullion value of the coin. How much time would YOU want to spend on such offers?
That's an extreme example. I was talking about reasonable offers. I still maintain that a counteroffer from the seller may result in the coin getting sold. Some eBay sellers appear to be hobbyists that just don't care if they sell a coin or not and they usually ask high retail for their coins. You see their coins month after month. It's like they are running a museum.
A lot of them are hobbyists - including people on this forum.
While that might seem "extreme" to you, it happens all the time. People offer 10 to 20% below melt on silver (including things like Morgan and Peace $s) hoping to get a sucker so they can just flip it for a profit. While it seems to you like it only takes a couple of minutes to deal with them, when you get dozens of these per year, it is taxing because they are not serious buyers.
@airplanenut said:
Do you ever make offers on BIN-only items on eBay?
I'm used to buying fixed-price items on eBay two ways: BIN if that's it, or offer a bit of a discount if the option is available. I came across an item today that's fixed price only, but it's been listed for half a year, which makes me wonder if the seller is really stubborn waiting for that price, or if I should throw out an unsolicited offer and see what happens.
I suppose a side question based on your reply is whether you'd also make an offer if the item just came up. Assume the price may be on the higher side but isn't outrageous.
If it's BIN-only with no option for Best Offer, I usually either buy it or move on.
I did reach out and try once and I was told no discount, so I paid full price.
@PerryHall said:
If an eBay seller gets an offer that he doesn't like, how much effort does it take to make a counteroffer? I'm convinced that some eBay sellers aren't serious about selling their coins.
It takes none to ignore the offer. On the other hand, then the would-be buyers resent being ignored.
I'd also say that this thread started talking about coins that have no BO available. That takes a little more effort.
When someone makes a ridiculous lowball offer, I'm 100% convinced they aren't serious about buying coins.
I recently sold a UK gold piece. I had listed it when gold was in the low 1700s. Recently, when gold was over 1800, my listed price (FREE SHIPPING!) was actually 3% BELOW the bullion value of the coin. Yet people were still making offers (unsolicited). In one case, the offer was a full 15% below the bullion value of the coin. How much time would YOU want to spend on such offers?
That's an extreme example. I was talking about reasonable offers. I still maintain that a counteroffer from the seller may result in the coin getting sold. Some eBay sellers appear to be hobbyists that just don't care if they sell a coin or not and they usually ask high retail for their coins. You see their coins month after month. It's like they are running a museum.
I also wonder about sellers who list common date circulated coins, priced at least 10 or 20% above most other sellers. Do people actually buy from these higher priced sellers?
100th pint of blood donated 7/19/2022 . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
I rarely make offers for BIN-only but I almost always make offers for auctions that no one has bid in yet (which prevents the seller from being hit with bid cancellations).
I have submitted offers on a BIN, OBO and on straight-out auctions.
I contact the seller and make my offer.
Have had a lot of success doing this on eBay, especially on coins that do not sell or have been listed many times.
What do you have to lose?
Go for it.
Wayne
@mach1ne said:
I rarely make offers for BIN-only but I almost always make offers for auctions that no one has bid in yet (which prevents the seller from being hit with bid cancellations).
As a seller, I would NEVER consider an offer in an auction unless it is at least 30% higher than the opening bid. No sane seller would. If you accept offers on auctions that are below the starting bid, you are undermining your own auction. If you wanted to accept offers, you SHOULD list it as BIN with BO. If you choose auction, then it is silly to entertain offers. You are basically telling people to not bother bidding...ever.
just as bad is the "offer to buy if it doesn't sell" in an auction. Again, you are basically thumbing your nose at my auction.
If a coin is being sold at auction on eBay and the starting bid is unrealistically high and the auction ends without any bids, I'll sometimes make a realistic offer and more often than not the seller will accept my offer. Some eBay sellers are clueless as to the market value of their coin and not getting any bids is sometimes the reality check they need.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@jt88 said:
If you think the seller asked for too much then just move on. Why bother to make offer
Agreed. Why even go there. I've been insulted with super low offers on a BIN without Best Offer in the past wherein the item was priced reasonably. Annoying.
Though to each his own, try if you might.
But this is straying away from the original question. For argument's sake, let's say there's an item that is priced at $500 and I think it may be worth somewhere in the $425 to 525 range. So the price could be reasonable, but maybe it's on the high side. I'm asking about making an offer for $425 or $450 (or if it were priced at $450, perhaps $400)--the low end of the price range, but still near it. I'm not asking about making an offer for $200, which is super low and I agree insulting or at least annoying (it's hard to take such an offer seriously). On the other hand, if the item were listed with a BIN of $1000, I also agree that offering the same $450--even though I think it's perfectly reasonable--is a waste (even with a make an offer option available) because it's so far from the listed price. The only reason I'd think to do that is if I had enough evidence of the value, and in such a case (even with a make offer) I'd send an email explaining that I realize the offer is very low, but here's why I think the offer is fair; if the seller disagrees, no deal, but at least I imagine it would be better received than a lowball offer out of the blue.
@jt88 said:
If you think the seller asked for too much then just move on. Why bother to make offer
Agreed. Why even go there. I've been insulted with super low offers on a BIN without Best Offer in the past wherein the item was priced reasonably. Annoying.
Though to each his own, try if you might.
But this is straying away from the original question. For argument's sake, let's say there's an item that is priced at $500 and I think it may be worth somewhere in the $425 to 525 range. So the price could be reasonable, but maybe it's on the high side. I'm asking about making an offer for $425 or $450 (or if it were priced at $450, perhaps $400)--the low end of the price range, but still near it. I'm not asking about making an offer for $200, which is super low and I agree insulting or at least annoying (it's hard to take such an offer seriously). On the other hand, if the item were listed with a BIN of $1000, I also agree that offering the same $450--even though I think it's perfectly reasonable--is a waste (even with a make an offer option available) because it's so far from the listed price. The only reason I'd think to do that is if I had enough evidence of the value, and in such a case (even with a make offer) I'd send an email explaining that I realize the offer is very low, but here's why I think the offer is fair; if the seller disagrees, no deal, but at least I imagine it would be better received than a lowball offer out of the blue.
Original question was this as thread is entitled: Do you ever make offers on BIN-only items on eBay?
So lets not stray from the original question as you indicated we have. Question remains have you ever made an offer on BIN only item on Ebay?
I have not, if I feel the item is overpriced, I move on period, end of story.
@jt88 said:
If you think the seller asked for too much then just move on. Why bother to make offer
Agreed. Why even go there. I've been insulted with super low offers on a BIN without Best Offer in the past wherein the item was priced reasonably. Annoying.
Though to each his own, try if you might.
But this is straying away from the original question. For argument's sake, let's say there's an item that is priced at $500 and I think it may be worth somewhere in the $425 to 525 range. So the price could be reasonable, but maybe it's on the high side. I'm asking about making an offer for $425 or $450 (or if it were priced at $450, perhaps $400)--the low end of the price range, but still near it. I'm not asking about making an offer for $200, which is super low and I agree insulting or at least annoying (it's hard to take such an offer seriously). On the other hand, if the item were listed with a BIN of $1000, I also agree that offering the same $450--even though I think it's perfectly reasonable--is a waste (even with a make an offer option available) because it's so far from the listed price. The only reason I'd think to do that is if I had enough evidence of the value, and in such a case (even with a make offer) I'd send an email explaining that I realize the offer is very low, but here's why I think the offer is fair; if the seller disagrees, no deal, but at least I imagine it would be better received than a lowball offer out of the blue.
Original question was this as thread is entitled: Do you ever make offers on BIN-only items on eBay?
So lets not stray from the original question as you indicated we have. Question remains have you ever made an offer on BIN only item on Ebay?
I have not, if I feel the item is overpriced, I move on period, end of story.
"Assume the price may be on the higher side but isn't outrageous."
On the selling side, I do get a pretty good amount of offers on BIN coins without the best offer feature on. I would say I accept or at least meet partway a decent number of them, but depends on a variety of factors -- one definitely being how long it's listed.
@jmlanzaf said:
As a seller, I would NEVER consider an offer in an auction unless it is at least 30% higher than the opening bid. No sane seller would. If you accept offers on auctions that are below the starting bid, you are undermining your own auction. If you wanted to accept offers, you SHOULD list it as BIN with BO. If you choose auction, then it is silly to entertain offers. You are basically telling people to not bother bidding...ever.
just as bad is the "offer to buy if it doesn't sell" in an auction. Again, you are basically thumbing your nose at my auction.
This has not been my experience. I have picked up many nice gem coins (2 this week) for the opening bid of an auction. But my comment was mainly for auctions that begin at $0.99 and were just posted. Why wait 7 days for an auction to end if I can offer a couple hundred for a coin and see if the seller accepts?
Also, if it's not sane to accept an offer 30% higher than the opening bid... then why start the opening bid so low? The coin could sell at auction for opening bid.
@jmlanzaf said:
As a seller, I would NEVER consider an offer in an auction unless it is at least 30% higher than the opening bid. No sane seller would. If you accept offers on auctions that are below the starting bid, you are undermining your own auction. If you wanted to accept offers, you SHOULD list it as BIN with BO. If you choose auction, then it is silly to entertain offers. You are basically telling people to not bother bidding...ever.
just as bad is the "offer to buy if it doesn't sell" in an auction. Again, you are basically thumbing your nose at my auction.
This has not been my experience. I have picked up many nice gem coins (2 this week) for the opening bid of an auction. But my comment was mainly for auctions that begin at $0.99 and were just posted. Why wait 7 days for an auction to end if I can offer a couple hundred for a coin and see if the seller accepts?
Also, if it's not sane to accept an offer 30% higher than the opening bid... then why start the opening bid so low? The coin could sell at auction for opening bid.
I said I would POSSIBLY accept an offer of 30% above.
The answer to your question is in your question. You mentioned $0.99 auctions. If you want an auction to be an auction, you can't start the auction at the full market price.
My point is that one chooses an auction format for a reason. You expect to get bids. Otherwise, you'd use BIN or BIN/BO. If I let people bypass the auction by making offers, then I'm undermining the entire auction. No one will bid (or should bid) if they know it is really a fixed price or BO listing.
Well quick update for what prompted this thread (and good discussion, too!). I sent over an offer last night and this morning the seller split the difference. Not a huge discount, but I think it’s a fair price, and both sides should be happy. This item got past my searches when it was listed months ago, so I’m just glad no one else saw it first. I’ve also updated my searches to make sure this doesn’t happen again!
Let’s mention the sellers who put b/o or make offer who refuse to take 10 cents off. It’s happened more than once. Next few times I’ll try emailing seller and politely ask why. 😉
@Jzyskowski1 said:
Let’s mention the sellers who put b/o or make offer who refuse to take 10 cents off. It’s happened more than once. Next few times I’ll try emailing seller and politely ask why. 😉
It's probably just their default for all their listings.
Never really have. I usually buy from a select few auction sellers. Win stuff at auction (pipeline sellers) for retail. If seller on really narrow spread one blowing in wind plus looking stupid making an offer. I do have a couple of pipeline sellers (around wholesale buy from) for retail material.
I have had offers made to me on bin some took them (plenty of room) many not and in those instances my usual note “unless bin Make offer already at our best price.”
I often make offers, even when there is no "Make Offer" option. I send them a message asking them to consider my offer of $XXX.XX. I'm successful about 15 - 20% of the time. Most offers are not for coins though. On coins, my success rate is probably less than 5%.
Comments
I sent an ebay message to a dealer asking about a coin i felt was priced high. Made him an offer. I save on tax, he saves on fees and I use ebay to search his inventory. I email him the auction # and he sends me a quote. Everyone happy!!
Ebay isn't nor is your State government. 😈
Do you mean he bypasses ebay, and sells to you directly? Ebay severely frowns on that!
Do you shop lift too? Your stealing. eBay is a pretty darn good place. I believe your seller is a thief also. What makes you think that what you are doing is ok? Because you can? Shameful and sleezy . Don’t much care for either one. 🤨
🎶 shout shout, let it all out 🎶
If a coin dealer uses their coin company name as their eBay name or includes their business card in their coin pics, I imagine most buyers will check an eBay coin price on their web site and buy it at the less expensive location which is almost never eBay. If they do that, they will lose any eBay protections which is normally not a concern when dealing with a larger well-established dealer.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Ya but there using eBay for free advertising and a buyer list which is fine but not over and over. My conscience sez no no. Different strokes I guess 🤨
🎶 shout shout, let it all out 🎶
There is a dealer in the classifieds of The Numismatist who uses this as his business model. His ad is something like "Go to eBay. Search my listings. Email me at this address about what you'd like to purchase and I will give you a discount of whatever." Always wonder when I see his ad why eBay hasn't closed his account.
D’oh!
A number of sellers cross list items on their site as well as ebay, usually for a lower price on their own venue, as they are saving on ebay fees.
Regarding contacting sellers who have had a BIN listing up for an extended period of time and asking for consideration of a lower price, I can see no downside to that as many sellers already extend "special discount offers" via ebay to people watching their auctions anyway. The worse that happens is the seller declines or ignores you. I wouldn't want to deal with any seller who'd block me after a reasonable lower offer in the first place.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Inventory is inventory. If someone offers you a deal, you always have the option of ending an auction early. Its funny how people get in an uproar about this. Believe me, Ebay is doing just fine. Lol
Agreed. Why even go there. I've been insulted with super low offers on a BIN without Best Offer in the past wherein the item was priced reasonably. Annoying.
Though to each his own, try if you might.
If an eBay seller gets an offer that he doesn't like, how much effort does it take to make a counteroffer? I'm convinced that some eBay sellers aren't serious about selling their coins.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
It takes none to ignore the offer. On the other hand, then the would-be buyers resent being ignored.
I'd also say that this thread started talking about coins that have no BO available. That takes a little more effort.
When someone makes a ridiculous lowball offer, I'm 100% convinced they aren't serious about buying coins.
I recently sold a UK gold piece. I had listed it when gold was in the low 1700s. Recently, when gold was over 1800, my listed price (FREE SHIPPING!) was actually 3% BELOW the bullion value of the coin. Yet people were still making offers (unsolicited). In one case, the offer was a full 15% below the bullion value of the coin. How much time would YOU want to spend on such offers?
That's an extreme example. I was talking about reasonable offers. I still maintain that a counteroffer from the seller may result in the coin getting sold. Some eBay sellers appear to be hobbyists that just don't care if they sell a coin or not and they usually ask high retail for their coins. You see their coins month after month. It's like they are running a museum.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I will say I have watched a listing go on and on. I sent an offer and was immediately accepted. It was kinda cute because the seller was waiting for someone to offer. Great coin good price and the seller learned a little something. After a few friendly texts I learned that it was a relative watching the store. We had a good laugh and the listings changed for the better. You just never know. 😉
🎶 shout shout, let it all out 🎶
A lot of them are hobbyists - including people on this forum.
While that might seem "extreme" to you, it happens all the time. People offer 10 to 20% below melt on silver (including things like Morgan and Peace $s) hoping to get a sucker so they can just flip it for a profit. While it seems to you like it only takes a couple of minutes to deal with them, when you get dozens of these per year, it is taxing because they are not serious buyers.
If it's BIN-only with no option for Best Offer, I usually either buy it or move on.
I did reach out and try once and I was told no discount, so I paid full price.
I also wonder about sellers who list common date circulated coins, priced at least 10 or 20% above most other sellers. Do people actually buy from these higher priced sellers?
I rarely make offers for BIN-only but I almost always make offers for auctions that no one has bid in yet (which prevents the seller from being hit with bid cancellations).
Check out my iPhone app SlabReader!
I have submitted offers on a BIN, OBO and on straight-out auctions.
I contact the seller and make my offer.
Have had a lot of success doing this on eBay, especially on coins that do not sell or have been listed many times.
What do you have to lose?
Go for it.
Wayne
Kennedys are my quest...
As a seller, I would NEVER consider an offer in an auction unless it is at least 30% higher than the opening bid. No sane seller would. If you accept offers on auctions that are below the starting bid, you are undermining your own auction. If you wanted to accept offers, you SHOULD list it as BIN with BO. If you choose auction, then it is silly to entertain offers. You are basically telling people to not bother bidding...ever.
just as bad is the "offer to buy if it doesn't sell" in an auction. Again, you are basically thumbing your nose at my auction.
If a coin is being sold at auction on eBay and the starting bid is unrealistically high and the auction ends without any bids, I'll sometimes make a realistic offer and more often than not the seller will accept my offer. Some eBay sellers are clueless as to the market value of their coin and not getting any bids is sometimes the reality check they need.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The ebay messaging system was set up to do this. Make the offer manually.
Repetition of ignorance is ignorance raised to the power two.
Sometimes on coins. Most of the times on items other than coins.
But this is straying away from the original question. For argument's sake, let's say there's an item that is priced at $500 and I think it may be worth somewhere in the $425 to 525 range. So the price could be reasonable, but maybe it's on the high side. I'm asking about making an offer for $425 or $450 (or if it were priced at $450, perhaps $400)--the low end of the price range, but still near it. I'm not asking about making an offer for $200, which is super low and I agree insulting or at least annoying (it's hard to take such an offer seriously). On the other hand, if the item were listed with a BIN of $1000, I also agree that offering the same $450--even though I think it's perfectly reasonable--is a waste (even with a make an offer option available) because it's so far from the listed price. The only reason I'd think to do that is if I had enough evidence of the value, and in such a case (even with a make offer) I'd send an email explaining that I realize the offer is very low, but here's why I think the offer is fair; if the seller disagrees, no deal, but at least I imagine it would be better received than a lowball offer out of the blue.
A lot of dealers have independent websites and encourage this.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Original question was this as thread is entitled: Do you ever make offers on BIN-only items on eBay?
So lets not stray from the original question as you indicated we have. Question remains have you ever made an offer on BIN only item on Ebay?
I have not, if I feel the item is overpriced, I move on period, end of story.
"Assume the price may be on the higher side but isn't outrageous."
On the selling side, I do get a pretty good amount of offers on BIN coins without the best offer feature on. I would say I accept or at least meet partway a decent number of them, but depends on a variety of factors -- one definitely being how long it's listed.
This has not been my experience. I have picked up many nice gem coins (2 this week) for the opening bid of an auction. But my comment was mainly for auctions that begin at $0.99 and were just posted. Why wait 7 days for an auction to end if I can offer a couple hundred for a coin and see if the seller accepts?
Also, if it's not sane to accept an offer 30% higher than the opening bid... then why start the opening bid so low? The coin could sell at auction for opening bid.
Check out my iPhone app SlabReader!
I said I would POSSIBLY accept an offer of 30% above.
The answer to your question is in your question. You mentioned $0.99 auctions. If you want an auction to be an auction, you can't start the auction at the full market price.
My point is that one chooses an auction format for a reason. You expect to get bids. Otherwise, you'd use BIN or BIN/BO. If I let people bypass the auction by making offers, then I'm undermining the entire auction. No one will bid (or should bid) if they know it is really a fixed price or BO listing.
Well quick update for what prompted this thread (and good discussion, too!). I sent over an offer last night and this morning the seller split the difference. Not a huge discount, but I think it’s a fair price, and both sides should be happy. This item got past my searches when it was listed months ago, so I’m just glad no one else saw it first. I’ve also updated my searches to make sure this doesn’t happen again!
Let’s mention the sellers who put b/o or make offer who refuse to take 10 cents off. It’s happened more than once. Next few times I’ll try emailing seller and politely ask why. 😉
🎶 shout shout, let it all out 🎶
It's probably just their default for all their listings.
I’m really not qualified to speak much on eBay sales as I’m a buyer. JM, thanks I appreciate your perspective as a seller Thanks JZ 😉
🎶 shout shout, let it all out 🎶
Yes, with great success
Never really have. I usually buy from a select few auction sellers. Win stuff at auction (pipeline sellers) for retail. If seller on really narrow spread one blowing in wind plus looking stupid making an offer. I do have a couple of pipeline sellers (around wholesale buy from) for retail material.
I have had offers made to me on bin some took them (plenty of room) many not and in those instances my usual note “unless bin Make offer already at our best price.”
I often make offers, even when there is no "Make Offer" option. I send them a message asking them to consider my offer of $XXX.XX. I'm successful about 15 - 20% of the time. Most offers are not for coins though. On coins, my success rate is probably less than 5%.
Wayne
www.waynedriskillminiatures.com