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What would you have done?

Attended a regional coin show a few weeks ago. There is one particular dealer I have done business with in the past and who carries the kind of coins I am attracted too. He doesn't carry the seated dimes that I really pursue, but he has one coin for which he wants about $3,500 that I am interested in. I did not try to talk him down on the price as he is not one to negotiate and I think the price he is asking is fair. Not great...but fair.

I have written the dealer a check in the past for about $2,000 and we've never had a problem. He is willing to take a check from me for this coin, but I can sense he is a little hesitant. Therefore, I kindly offer to let him keep the coin and mail it to me once the check clears.

He looks relieved says that's great, and I begin to write the check. He then says that I will need to add an additional $15 to the check to cover insured shipping for the coin. I was surprised and responded in what I thought was an appropriate manner. Again, it wasn't a coin I had to have.

What would have been your reaction?



Go well.

Comments

  • Say have a nice day and tell him to keep his coin.
  • BarryBarry Posts: 10,100 ✭✭✭
    I'd say "never mind."
  • I would have left without the coin too.
    Paul in Pine Hill
    ----------------------------------------
    My ebay auctions

  • I guess I might have said, " On second thought let me think about it" and just walk away. I think I would have needed to be there and see how he/she reacted. I have a few dealers where I have spent some big bucks with and a check was fine no questions asked.
  • boiler78boiler78 Posts: 3,081 ✭✭✭✭✭
    I hope you passed on the coin! I know I would have.
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    Tough crowd so far.

    It would depend on how much I wanted the coin. A $15 discound on a no haggle $3500 purchase sounds rude. But, if I really wanted it what the heck, it is only $15!

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • Yes, I voided the check and very politely excused myself and left the table without the coin.

    I really was amazed. He was polite and my past dealings have always been flawless. He had every right to require the postage.....but man, what a marketing mistake!
    Go well.
  • tjkilliantjkillian Posts: 5,578 ✭✭✭
    Either I would have passed or asked to have the coin right then and there to save the $15.00.

    Tom
    Tom

  • BubbleheadBubblehead Posts: 1,621 ✭✭✭
    You did the only thing you could have done under the circumstances.
    You'll find another!
  • goose3goose3 Posts: 11,471 ✭✭✭
    tough crowd.
    what's 15.00 to either one of you???
    nothing really on 3500.00.
  • mdwoodsmdwoods Posts: 5,559 ✭✭✭
    I carry a small electric drill and hole coins when they do that to me.
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
  • I think its the principle of the situation. If I was offended then cya. Granted 15.00 is not much when you look at the value of the coin, however, it is about relationships and mutual respect too.
  • He was saying "I don't trust you and I want you to pay for my distrust". You did right by not dealing with him, especially since y'all had dealings in the past. He should've had some faith in you.
    image

    image
  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    Talk about nickel and dime. I would also have left.
    Buyer and seller of vintage coin boards!
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    He tells you the price, you start writing the check then he suddenly adds in $15 more?
    I'd said hey bud I'm writing the check for $3,500 like you said, take it or leave it.
    Change that we can believe in is that change which is 90% silver.
  • If I wanted the coin I'd have paid the $15, if I didn't want the coin I'd have left.
  • If I had $3500 to spend on a coin, I wouldn't sweat an extra $15 on a coin I wanted. If fact, I might slip him an extra $5 and tell him to splurge on Mc Donalds for lunch.
    Time sure flies when you don't know what you are doing...

    CoinPeople.com || CoinWiki.com || NumisLinks.com
  • airplanenutairplanenut Posts: 22,404 ✭✭✭✭✭
    I would think that the $15 should be HIS insurance. Since he wanted to hold the check to see that it cleared, he should understand that it was for him, not you, that the check was held...

    His $15 it should have been... I'd have walked away... it's the principle of the matter.

    Jeremy
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • Did he not take plastic? I have never been to a coin show. Do most dealers not hassle with credit cards?
    image

    I can think of a dozen reasons not to have high capacity magazines, but it's the reasons I haven't thought about that I need them.
  • Good grief...so you (the buyer) apparently have thrown away a business relationship over his $15 "mistake"?

    Why not simply politely ask if he'll waive the shipping charge, in light of all the business you've given him in the past? If he still insists you pay it, why not then explain how it rubs you the wrong way, and give him a chance to respond?

    So he made the mistake of not remembering to include $15 in the asking price....but give the guy a break already...he's not in business in order to give things away....he's only trying to protect his interests. He just needs to be more aware & sensitive to customer perceptions....so clue him in, don't flee.
    "A happy person is not a person in a certain set of circumstances, but rather a person with a certain set of attitudes"--Hugh Downs
  • MrEurekaMrEureka Posts: 24,422 ✭✭✭✭✭
    I would think that the $15 should be HIS insurance. Since he wanted to hold the check to see that it cleared, he should understand that it was for him, not you, that the check was held...

    You can't use logic on a moron. It's also hard to be offended by one. I'd just refuse to pay the $15 and let him decide what he wants to do.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • khaysekhayse Posts: 1,336
    I would have given him 3 options:

    He takes my check and I take the coin now.

    He takes my check and mails me the coin later (at his expense)

    He shoves the coin up his AXX.

    -KHayse
    ps Whenever I've bought something near this magnitude I've never had the seller bring up shipping charges.
    That man does not know how to run a business.
  • khaysekhayse Posts: 1,336
    > Why not simply politely ask if he'll waive the shipping charge
    That's what putting away your checkbook does.
    > If he still insists you pay it, why not then explain how it rubs you the wrong way, and give him a chance to respond?
    That's what walking away does.

    If he doesn't realize the mistake he's made as you're walking away, no amount of conversation is going to help him.

    -KHayse
  • Keep yer friggin coin!! image
  • Just walk away with a big grin on your face.
    Proud to have fought for America, and to be an AMERICAN!

    No good deed will go unpunished.

    Free Money Search
  • relayerrelayer Posts: 10,570


    << <i>it wasn't a coin I had to have. >>



    Then it worked out great
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  • A seller who knows what the shipping costs are should already have
    figured that into the price.
    To tack that on after the fact on a coin of that price is pretty crass !
    Let him sit on his expensive coin and think about losing the sale .

    Hope you find a better coin for less !


  • << <i>Did he not take plastic? I have never been to a coin show. Do most dealers not hassle with credit cards? >>


    A few dealers do, but most don't, at least that's my experience in Long Beach.

    To respond to the thread question, I don't really know. Being the nice guy I am I probably would have paid it, but I've been told I'm too nice at times.


    Lurking proudly on internet forums since 2001
  • He's a nice and polite, honest guy with nice coins. He didn't change or try to change the price.....because the first price quoted was for the coin over the table.

    However, he was foolish to assume that I just had to have the coin. If it had been a $3,500 seated dime....I probably would have just paid the $15 and have been happy to have it. It was a type coin for which there is a decent supply.....and I can find one just about anytime I wish to buy one.


    He will get more of my business at future shows because he is knowledgeable, honest and has nice coins. However, he'll probably be a bit more careful in trying to squeeze $15 out of the customer in order to pay for his own protection.

    Go well.
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    I can understand at that price level being careful of taking a check. However you offered him full price, didn't haggle and he tried to take advantage of you for 15 more dollars. I would have walked too. Dealers can be as strange as we buyers. A couple of months ago I purchased a Barber dime from a dealer at a local show who didn't know me from Adam. I asked him if he would take a check and he replied have you done business with any of the other dealers here, I gave him two names and he gladly accepted my check.

    Later on I stopped by one of the dealers tables that I had given as a reference and attempted to purchase a one in the neck 97 Indian Head Cent for $75. Guess what he gave me the third degree on taking a check. Now I have spent a few thousand with this dealer and written him several checks before. I just chuckled to myself and walked away, obviously he was having a bad day. I wonder if the first dealer checked with him about my check later in the day.

    Anyway we all react differently in situations and you did what was comfortable for you.
  • thank you but no thanks. for that kind of money he could cover shipping. better off without him.
    PCGS sets under The Thomas Collections. Modern Commemoratives @ NGC under "One Coin at a Time". USMC Active 1966 thru 1970" The real War.

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