Should dealers make an offer over the phone?

I have called some dealers on some common coins they deal in. I let them know the coin and the grade by the 2 TPG's. But, some say they have to look at it first to make an offer. I explain, o.k let's say it is the most amazing coin in the world for the grade what would you pay? They still give me the same response. I need to see it.
I think it would be best to just give me an estimate. If, their highest price offered over the phone is still too low, then I can just say no and save each others time and trouble. Or, are they just doing this hoping to low ball you once the coin is in their possesion?
Any opinions
I think it would be best to just give me an estimate. If, their highest price offered over the phone is still too low, then I can just say no and save each others time and trouble. Or, are they just doing this hoping to low ball you once the coin is in their possesion?
Any opinions
0
Comments
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i> I explain, o.k let's say it is the most amazing coin in the world for the grade what would you pay? They still give me the same response. I need to see it. >>
The reason that won't work is that they are aware the odds of it being the most amazing coin in the world for the grade are next to nothing. So if they quote a price, then have to lower it when they see the coin in hand (because it's NOT the most amazing), sellers get angry.
All they can do is quote a lowball price because you're asking for a buy price on a sight-unseen deal. And there are some real ugly coins out there, even in top-tier holders.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Most don't make offers. Even if you give a reasonable price, seller "X" may still shop it around before even stopping by. And if he still has it, do you really want it then after others have passed on it?
roadrunner
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
Saying that they need to see the coin is probably the fairest answer that they can give you.