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What's up with dealers that advertise coin prices as P.O.R. ?

ABC123ABC123 Posts: 2,627
in U.S. Coin Forum
Why are some dealers afraid to list their coin prices ? Are they embarrassed by the asking price or maybe they just want to hear their phone ringing !

Comments

  • ebaytraderebaytrader Posts: 3,312 ✭✭✭
    It's B: I like to hear the phone ring.
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Keeps the phone ringing a bit more.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • ERER Posts: 7,345 ✭
    They'll be able to tell different prices to different people. That's MHO.
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    POR=RYK cannot afford
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    If you have to ask "how much," you can't afford it.
  • ebaytraderebaytrader Posts: 3,312 ✭✭✭


    << <i>POR=RYK cannot afford >>




    We do lay-aways for branch mint gold.
  • BillJonesBillJones Posts: 34,118 ✭✭✭✭✭
    The stupid market is such that prices are moving so fast, they don't want "to give something away."

    When you advertise in Coin World and other places you have to submit your copy weeks in advance. By there yesterday's "you're crazy" price is today's bargain.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • KeyrockKeyrock Posts: 961 ✭
    It is also a way to build a customer base. When I bought my first 1990 no S it was a POR. After they took my name and # they called me back when the guy "came back in the office". Thus you build a database of people that can spend X, Y or Z on a coin.
  • ABC123ABC123 Posts: 2,627
    Keyrock---that would be most peoples worst nightmare---cold call coin dealers !!
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    We do lay-aways for branch mint gold.

    "We" do not do lay-away. If we cannot comfortably afford it, we pass. image

    If you have to ask "how much," you can't afford it.

    RYK's Old Man used to say that. I think he ripped it from someone rich and famous. No, it wasn't SaintGuru. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • PerryHallPerryHall Posts: 46,283 ✭✭✭✭✭
    POR = The coin is so overpriced that they are too embarissed to publish it.



    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • 291fifth291fifth Posts: 24,395 ✭✭✭✭✭
    POR = Ignore
    All glory is fleeting.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>They'll be able to tell different prices to different people. That's MHO. >>



    Sometimesimage

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • RBinTexRBinTex Posts: 4,328 ✭
    POR = Price Outrageously Ridiculous (& quoting it to all will prevent them from taking shots at the uninformed) image
  • sinin1sinin1 Posts: 7,500 ✭
    many people complain about cancelled eBay auctions (which last a maximum of 10 days)


    you did not say where you saw the P.O.R., but a magazine wants ad copy 6-8 weeks before publication, chances are good the item they had then is not available/already sold but they have something similar or can get one
  • ABC123ABC123 Posts: 2,627
    Try CoinWorld which is a weekly publication, I wouldn't think they
    have a 6-8 week lead time, but-- if so, why publish any coin prices if things are so volatile on a weekly basis. I don't think so !
  • BearBear Posts: 18,953 ✭✭✭
    Lay aways....The type of expensive coin most folks
    , untill they are laid away.image
    There once was a place called
    Camelotimage
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    At least they're not advertised as POS.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • ChangeInHistoryChangeInHistory Posts: 3,053 ✭✭✭✭✭
    Another way of saying "How much you got?"
  • michaelmichael Posts: 9,524 ✭✭
    por

    looking for new customers

    once you call and ask they got you interested in something other than the por coin
  • SamByrdSamByrd Posts: 3,131 ✭✭✭✭
    POR is a very poor way to advertise, I always pass, if someone wants me to buy put a price in the ad.
  • ShamikaShamika Posts: 18,782 ✭✭✭✭
    POR = don't even THINK about it!

    Buyer and seller of vintage coin boards!
  • granddadgranddad Posts: 966 ✭
    "Vailed" approach at "bait and switch".


    Have a Great Day!
    Louis
  • jayboxxjayboxx Posts: 1,613 ✭✭
    What is really annoying is when they have POR on the website, how hard is it to change the price if the market changes.
  • northcoinnorthcoin Posts: 4,987 ✭✭✭✭✭
    Sometimes it implies that the seller does not actually have the coin ready to sell. I see some sellers advertise POR when the coin is still out for grading and the price will depend on how it comes back.
  • WTCGWTCG Posts: 8,940 ✭✭✭
    They want to deal only with serious buyers. There are times when you list a price on a coin then have somebody out of the blue call you up and "counteroffer". You accept their offer then they tell you that they were only considering buying that coin. Typically only people who are serious about buying the coin will call up the dealer and ask for a price.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • PerryHallPerryHall Posts: 46,283 ✭✭✭✭✭


    << <i>POR is a very poor way to advertise, I always pass, if someone wants me to buy put a price in the ad. >>

    image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • HighReliefHighRelief Posts: 3,675 ✭✭✭✭✭
    They would like you to call so they can find collectors that have the money to spend on high ticket items. How do you think Laura can afford to pay for a $4,000,000.00 nickel, it is not from selling Generics. image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,390 ✭✭✭✭✭
    everything is for sale , POR is a way of saying:
    It's for sale, do you realllllllllllllllly want it ? Call me !
    If you don't, MOVE ON.
  • DD Posts: 1,997 ✭✭✭
    POR=Probably Over Retail.

    Almost every instance it causes me to ignore the coin in question.

    -Daniel
    "It is the mark of an educated mind to be able to entertain a thought without accepting it."

    -Aristotle

    Dum loquimur fugerit invida aetas. Carpe diem quam minimum credula postero.

    -Horace

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