Coin Trading?
KlectorKid
Posts: 3,723
how do u go about trading coins with a dealer? do u just go up to him/her and say i'll give you this for these?
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Comments
"Would you accept this for these?" would be a little better. Ask him, don't tell him.
If you go up and say "I'll give you this for these", you are more likely to get an answer like, "No you won't!"
Simple semantics, perhaps, but your tone and how you approach someone for a trade are very important, especially if you have no idea how your trade offer will be received.
As a dealer, when I look at someone's (dealer's or collector's) coins and want to know the price, I ask any of the following:
What are you asking on that coin?
How much is that?
What are you looking to get for that?
What is your asking price?
What is your best price? Once he gives that, I would not recommend counteroffering or asking for yet a better price - some people do this and it is very irritating.
If I am unwilling to pay the asking price, I make a counter offer, by saying :
Could you sell it for --? But, if he says yes, you should be prepared to buy it. Ditto for examples below.
I would be willing to pay -- (if that works for you)
How about -- ?
I'd pay -- if that will make it work, etc.
mike
I have traded some coins recently. I called in advance to tell him I wanted to show him some coins for trade. He asked that I come in at a less-busy time so we could have more time to talk. He looked at each piece and made an offer based on 90% of graysheet bid. It was pretty straightforward. I knew how much I had available to spend on new coins. He even cut me a deal on the price of the new ones since I was trading. All in all, it was a good experience.
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Type collector since 1981
Current focus 1855 date type set