At shows from your table - Do you put price stickers - front, back, code on back, not at all?
Cougar1978
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Coins & Currency
At shows from your table - Do you put price stickers - front, back, code on back, not at all?
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Have recently gone to sell price on front of slab. If non negotiable price in red. Otherwise room for negotiation.
As a customer, it bugs me when I don't see prices on top.
Click on this link to see my ebay listings.
As a customer, I like to see prices. At least give me a clue: I know what it's worth, seeing your price tells me if it's a bargain, fair pricesd, or moon money.
Many years ago there was a dealer at the ANA WFoM who had discrete signs in each case.
"Coins over $50,000"
"Coins $10,000 - $50,000"
and finally
"Coins $100 - $500"
It helped me moderate my asks.
ANA 50 year/Life Member (now "Emeritus")
As a customer I prefer to see price sticker on the front of the slab, it saves time for all parties involved.
From a sales perspective, as a theoretical dealer, I might prefer to put a price on the back if I did not feel inconvenienced by having to open my display case every time to quote a price. The forced interaction between dealer and customer could open the door to friendly conversation/potential negotiations that may contribute to the sale.
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If I ever set up at a show and have an extra case, I think I'll throw in a "Coins over $50,000" sign.
When I was a dealer setting up at shows, I always put a price on the front of the holder, except for really expensive coins. That way, the prospective buyer can determine if a coin is priced at or near a number he/she is willing to pay. Plus it saves a lot of questions as to the price of a coin.
An authorized PCGS dealer, and a contributor to the Red Book.
I don’t set up at shows but I, as a buyer, prefer to see prices on the front. Then I know if the price is realistic or over the moon and stars.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I don't setup at shows either but it does help to have the prices on the front. If it's busy I don't have to wait to ask how much, then open the case to flip the holder to tell me the price. Especially when other buyers have all their stuff sprawled out over half the case. You've seen them. Lol
However, I get the sales tactic of prices on the back to encourage interaction, which can spur a sale. I truly like the conversations and talking to dealers that are passionate about the coins they are selling. I also like negotiations. Oddly I'm an introvert.
USAF (Ret.) 1985 - 2005. E-4B Aircraft Maintenance Crew Chief and Contracting Officer.
My current Registry sets:
✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
✓ Everyman Mint State Lincoln Cents (1909 – 1958)
✓ Morgan Dollar GSA Hoard (1878 – 1891)
My mentor when first starting out had his price stickers on back with prices. 1. To avoid being undercut by other dealers. 2. To show he had same prices everybody. 3. If they not asking price people coming bourse room broke.
For several years, I stopped putting price tags on the coins at shows. I keep a spreadsheet with my cost, ask, and lowest acceptable prices. Except for a major rarity, my margins are very low (sometimes in the red). I used to tag them. It was arduous and I found I sold nearly all of the coins for different prices anyway. My view is that I want to sell someone a coin they want and give them a good deal rather than cater to those just accumulating bargains. If is a coin they want, they should ask to see the coin and ask the price. If I do have a price on a coin, it is either just to give a ballpark idea or because it is very firm (and probably under my cost).