Rant...tell me if I'm nuts (another reality check)
percyb
Posts: 3,328 ✭✭✭✭
Dealer (not related to this board) comes to me who knows what I want to buy and says "I have three for sale."
Me: How much do you want?
Dealer: Make me an offer.
Me: $110 (for all three--I don't need all three...but I'm thinking I'll take 'em and he'll remember me...I can stash two away)
Dealer: Too low. I'll put them on ebay.
Me: Okay. I'll watch them (But I'm thinking FY!! Why did you aske me how much I'd pay?)
Days pass with little to no action on items....low bids.
Dealer: Mark, Check out my ebay listing!!
Me: Yeah. I'm watching it (FY I'm thinking--why do I want to bid up your items. FY!!)
another day passes...low bids.
Dealer: (couple hours left to the end) You can get them low.
Me: (FY I'm thinking)
Sale ends--$65for all three. Now I'm thinking...You sold 'em low.
I didn't spend my money. I can get them any time. Too bad for you.
Me: How much do you want?
Dealer: Make me an offer.
Me: $110 (for all three--I don't need all three...but I'm thinking I'll take 'em and he'll remember me...I can stash two away)
Dealer: Too low. I'll put them on ebay.
Me: Okay. I'll watch them (But I'm thinking FY!! Why did you aske me how much I'd pay?)
Days pass with little to no action on items....low bids.
Dealer: Mark, Check out my ebay listing!!
Me: Yeah. I'm watching it (FY I'm thinking--why do I want to bid up your items. FY!!)
another day passes...low bids.
Dealer: (couple hours left to the end) You can get them low.
Me: (FY I'm thinking)
Sale ends--$65for all three. Now I'm thinking...You sold 'em low.
I didn't spend my money. I can get them any time. Too bad for you.
"Poets are the unacknowledged legislators of the world." PBShelley
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myEbay
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Zar's Ebay
<< <i>I missed it too - you could have made a low bid, won the items, kept two of them and sold the third one. Then you would have had a real bargain on the two coins that you would like to keep as you'd probably be able to sell coin number three for a good profit. >>
Why would I want to buy from a guy who leans on my offer.....he didn't even counter. Besides, if I bid on ebay I could run the price up...and I don't want to do this guy any favors... In a nutshell, he was telling me FY--I can do better. Well he didn't. Besides that he has to pay EBAY fees....what was he thinking?
What's there not to understand?
<< <i>
<< <i>I missed it too - you could have made a low bid, won the items, kept two of them and sold the third one. Then you would have had a real bargain on the two coins that you would like to keep as you'd probably be able to sell coin number three for a good profit. >>
Why would I want to buy from a guy who leans on my offer.....he didn't even counter. Besides, if I bid on ebay I could run the price up...and I don't want to do this guy any favors... In a nutshell, he was telling me FY--I can do better. Well he didn't. Besides that he has to pay EBAY fees....what was he thinking?
What's there not to understand? >>
AGREE 100%! You did the right thing Percy. Dont help this guy out one bit. If this happens to him 3 or 4 more times, guess what? Now he will actually come back to reality about his seriously self induced dellusionally overpriced inventory. Its occurances such as this that certain dealers need to experience to be humbled. This is a hobby folks, not a big money grab to see who can make the biggest RIP! I love seeing dealers eat humble pie after something such as this.
<< <i>In a nutshell, he was telling me FY--I can do better. >>
And in a nutshell, you were telling him FY- no, you can't, weren't you?
I guess I don't understand why people get upset when there is a disagreement about the value of a coin, but from reading some of the threads that get started here, it's obviously so. If you don't like the price, don't buy. If don't like the offer, don't sell. Seems easy enough to me.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
<< <i>
<< <i>In a nutshell, he was telling me FY--I can do better. >>
And in a nutshell, you were telling him FY- no, you can't, weren't you?
I guess I don't understand why people get upset when there is a disagreement about the value of a coin, but from reading some of the threads that get started here, it's obviously so. If you don't like the price, don't buy. If don't like the offer, don't sell. Seems easy enough to me. >>
More or less, the frustrations arrise out of a lack of mutual respect between buyer and seller. How many times does one need to be told "all your coins are overgraded, and all mine are PQ" before one becomes a bit cynical about dealers and their unethical practices. Percy's story validates the idea that dealers, NOT COLLECTORS, are the ones currently out of touch with reality.
<< <i>Percy's story validates the idea that dealers, NOT COLLECTORS, are the ones currently out of touch with reality. >>
Not really- no, it doesn't. It validates the idea the ONE dealer valued a group of coins more than ONE collector did at ONE particular point in time.
Besides, using your logic (one deal being representative of the whole business/hobby), I could just as easily claim that "collectors, NOT DEALERS, are the ones currently out of touch with reality" by posting an example of a situation where a collector offered a dealer less for a coin than the dealer was able to sell it for to another buyer.
Like maybe this:
"At the show you offered David $200 for the coin, as is your right. At that same show, he could have walked over and sold it to Rick Snow for $205. Instead, he counter-offered the coin to you at $215, as is his right. You passed, as is your right.
FWIW, the coin has sold off of our website at the original $230 price."
<< <i>
<< <i>Percy's story validates the idea that dealers, NOT COLLECTORS, are the ones currently out of touch with reality. >>
Not really- no, it doesn't. It validates the idea the ONE dealer valued a group of coins more than ONE collector did at ONE particular point in time.
Besides, using your logic (one deal being representative of the whole business/hobby), I could just as easily claim that "collectors, NOT DEALERS, are the ones currently out of touch with reality" by posting an example of a situation where a collector offered a dealer less for a coin than the dealer was able to sell it for to another buyer.
Like maybe this:
"At the show you offered David $200 for the coin, as is your right. At that same show, he could have walked over and sold it to Rick Snow for $205. Instead, he counter-offered the coin to you at $215, as is his right. You passed, as is your right.
FWIW, the coin has sold off of our website at the original $230 price."
So your point is that Harlan J. Berk found a sucker to buy their coin for $70 over full sheet ask? Wow, im VERY impressed.
<< <i>
<< <i>Percy's story validates the idea that dealers, NOT COLLECTORS, are the ones currently out of touch with reality. >>
Not really- no, it doesn't. It validates the idea the ONE dealer valued a group of coins more than ONE collector did at ONE particular point in time.
Besides, using your logic (one deal being representative of the whole business/hobby), I could just as easily claim that "collectors, NOT DEALERS, are the ones currently out of touch with reality" by posting an example of a situation where a collector offered a dealer less for a coin than the dealer was able to sell it for to another buyer.
Like maybe this:
"At the show you offered David $200 for the coin, as is your right. At that same show, he could have walked over and sold it to Rick Snow for $205. Instead, he counter-offered the coin to you at $215, as is his right. You passed, as is your right.
FWIW, the coin has sold off of our website at the original $230 price."
I think you're missing my point. I gave him a solid bid for the items...he never mentioned a price back to me but encouraged me to bid up his auction when he realized there was no support for the items. Why on earth would I support his market when he walked away from me without ever countering...nothing except when he realized he wasn't going to get the price I offered or the price he was anticipating....That's all. I thought the guy was a jerk for coming back to me and expecting me to buy his coin.... You must be a dealer otherwise I think you'd see my point of view.
I have been the chairman of a large coin show for the last several years. We have more than 50 numismatic dealers at each of our shows, and there are a few jerks who are dealers. I said a few, most of dealers are great, and many have become good friends. I make it a point to sit & talk to each of our dealers during set-up or slow times, and the dealers also know who the jerks are.
Unless there is some overriding reason to go to that dealer, just find another dealer to spend your money with.
Good Luck,
Bob
<< <i>I think you're missing my point. I gave him a solid bid for the items...he never mentioned a price back to me but encouraged me to bid up his auction when he realized there was no support for the items. >>
No- I got that from your first post.
<< <i>Why on earth would I support his market when he walked away from me without ever countering...nothing except when he realized he wasn't going to get the price I offered or the price he was anticipating....That's all. >>
You were cetainly under no obligation to him at that point, and I never intended to suggest otherwise.
<< <i>I thought the guy was a jerk for coming back to me and expecting me to buy his coin.... >>
Even though he was trying to get you to bid, I didn't see where he expected you to buy the coin. But then, all I have to go on is what you wrote- I wasn't there.
<< <i>You must be a dealer... >>
I have collected coins for nearly 50 years. Currently, I buy and sell coins- you can call me whatever you want.
<< <i>otherwise I think you'd see my point of view. >>
Obviously, having read the post, I see your point of view. What I don't see (since he hasn't posted) is the dealer's point of view. Without that, it's not clear why events unfolded as they did.
<< <i>Obviously, having read the post, I see your point of view. What I don't see (since he hasn't posted) is the dealer's point of view. Without that, it's not clear why events unfolded as they did. >>
Okay.