On the BST forum, is it acceptable to put a price range on a coin you're selling?
Longacre
Posts: 16,717 ✭✭✭
I was thinking of putting a coin from the coveted Longacre Collection on the BST board. The issue is that I don't know the exact price that I want to charge. I was thinking of putting a price range that I would be willing to accept. Is it acceptable to do this, or should I just pick a price and stick to it?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
0
Comments
Why not put $XXX amount or best offer?
I would suspect if you place a price range folks would offer you the lowest you'd go.
I see holeinone1972 beat me to the thought.
<< <i>I would list the highest price and add 'or reasonable offer'.
I would suspect if you place a price range folks would offer you the lowest you'd go.
I see holeinone1972 beat me to the thought. >>
You mean to tell me there are bottom feeders among us?
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
My experience is to put the coin up for a fair price, and if there is sufficient interest, it well sell. I would not get cutesy with price ranges, make offers, PORs, or any other gimmicks as these turn people off. If the coin is initially priced too high, you may never sell it, even if you drop the price later (which reminds me of a house in our neighborhood).
<< <i>I was thinking of putting a coin from the coveted Longacre Collection on the BST board. The issue is that I don't know the exact price that I want to charge. I was thinking of putting a price range that I would be willing to accept. Is it acceptable to do this, or should I just pick a price and stick to it? >>
Uh oh....a Longacre pedigree on the BST????
<< <i>A couple hours in the library, wearing the smoking jacket, sipping cognac, and this is the best you could do?
>>
Jab of the Day ...
If you're offering $10-15 dollars for something, to the seller the price is $15.
http://ProofCollection.Net
<< <i>I was thinking of putting a coin from the coveted Longacre Collection on the BST board. The issue is that I don't know the exact price that I want to charge. I was thinking of putting a price range that I would be willing to accept. Is it acceptable to do this, or should I just pick a price and stick to it? >>
Who would offer you MORE than your minimum?
<< <i>
<< <i>I was thinking of putting a coin from the coveted Longacre Collection on the BST board. The issue is that I don't know the exact price that I want to charge. I was thinking of putting a price range that I would be willing to accept. Is it acceptable to do this, or should I just pick a price and stick to it? >>
Who would offer you MORE than your minimum? >>
My take on this is that it's a pseudo-auction format with the low range set up as a "minimum bid," with the expectation established with the audience that the coin will not sell without allowing time for offers to come in at the high end.
Just my thought while drinking the first cups of coffee of the day in the kitchen table chair. I think I would go with a single price, and not even bother with an "offers considered." Unless the ad says, "$xxxx FIRM," buyers are inevitably going to make offers.
<< <i>Who would offer you MORE than your minimum? >>
Depends on the format of the sale. If you PM'd your best offer, it would be like a sealed mail-bid sale, with the highest "offer" within a specified timeframe being accepted. In such a scenario you could try to lowball but your chances of having the "winning offer" are reduced.
just say blue book................................no wait that's for cars