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Question For Dealers..Do You Get Offended When.......

JMOOREJMOORE Posts: 1,000
in U.S. Coin Forum


This question is for dealers that sell coins in the $3,000 plus range.

Do you get offended when someone asks for a "better" price on a coin that you have listed for sale on your web site?

Or do you assume that most people will try to get a better price and adjust your prices accordingly?

Thanks!!

Jim
ANA Member R-213302

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    shirohniichanshirohniichan Posts: 4,992 ✭✭✭
    It depends on the coin. If the dealer is "in" the coin pretty well and it has had no inquiries for a while, he may give a discount to sell it and get new stock. If it's a really scarce coin and no one else has one for sale, don't count on a discount.
    image
    Obscurum per obscurius
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    RKKayRKKay Posts: 3,017 ✭✭✭
    I generally expect someone to ask me my best price, and if I have a better price, I'll say so. If not, I'll tell them that the price listed is the best price.
    Rick Kay
    Specializing in 1854 and 1855 large FE patterns

    <
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    paigowjohnnypaigowjohnny Posts: 4,257 ✭
    Rick has the right idea.
    Part of the fun in coin collecting, for me anyway, is the "horse trading" and bargaining that goes on. If a dealer is going to get seriously offended and indignant when asked to bargain a little, then he/she is in the wrong line of work. It would seem real easy to politely but firmly say no without getting in a huff.
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    ScarsdaleCoinScarsdaleCoin Posts: 5,435 ✭✭✭✭✭
    doesnt bother me...people can always ask....I do try to give best price up front and leave bargaining for other dealers
    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
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    RussRuss Posts: 48,514 ✭✭✭
    I'm afraid to offend dealers so I always pay whatever they ask for their coins.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
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    DAMDAM Posts: 2,410 ✭✭


    << <i>I'm afraid to offend dealers so I always pay whatever they ask for their coins. >>



    I bet you add 2% to cover incidentials too. image
    Dan
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    XpipedreamRXpipedreamR Posts: 8,059 ✭✭
    I have to admit that I feel a little weird asking the dealer about a better price. Every time I have, though, I have gotten it.
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    JMOOREJMOORE Posts: 1,000
    Russ, You crack me up image

    Mark, I've go my eye on this one. Love that coin............

    image


    Jim
    ANA Member R-213302
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    JMOOREJMOORE Posts: 1,000
    Mark, not offended at all... image

    And I really, really like the looks of that coin...image

    Jim
    ANA Member R-213302
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    ultramikeultramike Posts: 68
    its kind of exspected i think-never has pissed me off.
    much rather be tried by 12 as carried by six !~!

    SHOOT FIRST-QUESTIONS L8TR...

    If its nice and you REALLY like it " buy it " sure beats laying awake wishin you had, PLUS you will never forget or FORGIVE YOURSELF for letting it get away-and remember you can always pedel it to regain most of $ . Just one of many of " buying politics I utilize.
    Besides I really lost sleep and beat myself up yo learn this simple procedure !~!
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    BAJJERFANBAJJERFAN Posts: 31,621 ✭✭✭✭✭
    Like most other things in life: "If ya don't ask, ya don't get."
    theknowitalltroll;
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    JulianJulian Posts: 3,370 ✭✭✭
    As with others, I am not offended by the question and if I am able to will reduce the price. Some times I can and other I cannot.
    PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
    I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.

    eBaystore
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    TheNumishTheNumish Posts: 1,628 ✭✭
    I don't mind people asking for a better price but I do hate a sport chisel. A sport chisel is when you give someone a gret price and they plan on buying the coin but just have to try and beat you up for a few bucks. There are people who do that with every coin and it gets old. There is one guy who used to try and get first shot on my new purchases but every single coin was a fricken battle even if I was trying to make $20 on a $500 coin. Then if he got a great deal he'd brag about it. I avoid the guy. Anyway under normal circumstances I expect people to negotiate just as I expect people to lower their prices when I buy.



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    matteproofmatteproof Posts: 722
    The misguided concept of "everything for me and nothing for you" does not work with me. Any dealer who does not understand this is a dealer not receiving my business.

    There is obviously nothing wrong with asking for a better price. This is especially so on coins that are already priced STRONG (which is often the case). It is my right - yes my obligation - to offer ANY price that I feel is appropriate for a coin regardless of the Seller's asking price. It is the seller's right to accept my offer, reject my offer, or counteroffer on my offer. When I'm selling, I'm thankful for any offer that someone makes on my coins. If the price is do-able, I happily consider it. If not, then not. Why get "indignant" when someone shows an interest? Rather, I respect it and appreciate it. Savvy dealers do too. imagematteproof
    Remember Lots Wife
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    BAJJERFANBAJJERFAN Posts: 31,621 ✭✭✭✭✭
    How many dealers overprice a coin just so they CAN take a little off if/when asked?
    theknowitalltroll;
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    CharlieBCharlieB Posts: 441 ✭
    I always ask for the best price. 90% of the time I get a better price.

    When I see a display case filled with very excellent merchandise and more than one
    coin I want to buy in that case I typically ask for the best price of each coin
    I am interested in buying. Say the dealer has three coins I want. Then I finally ask
    the price of a package deal for all three coins. I typically get a few more dollars shaved
    off the total.

    Try it sometime Russ and you can split the difference with me in what you save.
    "location, location, location...eye appeal, eye appeal, eye appeal"
    My website
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    RussRuss Posts: 48,514 ✭✭✭


    << <i>Try it sometime Russ and you can split the difference with me in what you save. >>



    I'd be too scared.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC

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