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I hate when people put a coin on the BST saying "make an offer," without giving any price.
GoldenEyeNumismatics
Posts: 13,187 ✭✭✭
Drives me nuts. Give me your price, and we can continue from there. You're the seller. I think a lot of the mentality behind the "make an offer" system is the idea that maybe someone will offer much more than what you'd sell at, and that you'll make a killing. Well, I don't think that ever works more than 1 time in a million.
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A few weekes ago I sold a 36 s Buffalo that i thought was a $40 coin, I sold it for $30 shipped, the member who bought it slabbed it a ms65 at PCGS a $100 coin.
I lost because of my abilities to grade.
It is not always about hoping you will make a killling, but sometimes it is so you do not get killed.
Just another opinion.
Rob
<< <i>I understand your position, but sometimes it is because the seller does not know the true value and maybe they cannot grade a coin.
A few weekes ago I sold a 36 s Buffalo that i thought was a $40 coin, I sold it for $30 shipped, the member who bought it slabbed it a ms65 at PCGS a $100 coin.
I lost because of my abilities to grade.
It is not always about hoping you will make a killling, but sometimes it is so you do not get killed.
Just another opinion.
Rob >>
In that case just put it on eBay. Ebay gets a lot of trash talking on here, but in reality it's still--by far--the best place to sell >$500 coins.
And the line from 64 to 65 isn't always a matter of knowing how to grade--it's often a matter of luck. I sold a few toned dollars to a board member about a year ago that both graded one point higher than what I sold them to him at, and I'm confident that the grades I sold them at were correct.
<< <i>I understand your position, but sometimes it is because the seller does not know the true value and maybe they cannot grade a coin.
A few weekes ago I sold a 36 s Buffalo that i thought was a $40 coin, I sold it for $30 shipped, the member who bought it slabbed it a ms65 at PCGS a $100 coin.
I lost because of my abilities to grade.
It is not always about hoping you will make a killling, but sometimes it is so you do not get killed.
Just another opinion.
Rob >>
Kicking myself right now... I almost bought that with my other stuff....
those without um are kool too...reminds me of the ol bid boards so why not have sealed bids in the mix too as a seller can weed out tha cheap b*st*rds too
bottomline there is no right or wrong here just perception...sometimes it's perception that blocks beauty
If I want to sell to the highest bidder, I put the coin in an auction. Otherwise, my coins are listed with a price.
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)
is a very reasonable way to go. if i saw a half eagle with nice pictures
and a reasonable return policy, i would have no problem making
an educated offer.
i do not see the problem...
on the forum still shoot me a PM with an offer, or what's my best price etc. Note, my best price is more than I'm asking, but I'll sell it for the listed price.
Recently, someone whom I do not know, emailed me (with good references) and asked if he could buy one of my coins. I was not intending on selling it, but it was not a core coin, and I thought it would go well with his set. I replied that if he made me a reasonable offer, I would be willing to part with it. I never heard from him again.
Click on this link to see my ebay listings.
<< <i>Drives me nuts. Give me your price, and we can continue from there. You're the seller. I think a lot of the mentality behind the "make an offer" system is the idea that maybe someone will offer much more than what you'd sell at, and that you'll make a killing. Well, I don't think that ever works more than 1 time in a million. >>
Why should this drive you nuts?
If you don't like it, don't make an offer.
<< <i>I hate when people put a coin on the BST saying "make an offer," without giving any price... >>
I've done it, a time or two.
Usually I end up getting no offers, either.
However, on the Roman set I recently sold parts of (and am still selling), I put out "make an offer" BUT I also provided my cost on each coin, which made all the difference. When people knew what I paid, they had something to base their offers on, and usually (but not always) their offers were above my cost. Only once or twice was an offer below my cost, and even then, it wasn't insultingly low.
<< <i>
<< <i>Drives me nuts. Give me your price, and we can continue from there. You're the seller. I think a lot of the mentality behind the "make an offer" system is the idea that maybe someone will offer much more than what you'd sell at, and that you'll make a killing. Well, I don't think that ever works more than 1 time in a million. >>
Why should this drive you nuts?
If you don't like it, don't make an offer. >>
because he wants to see a price low enough to flip the coin for a profit? ;-)
bargaining takes work.
<< <i>And the line from 64 to 65 isn't always a matter of knowing how to grade--it's often a matter of luck. >>
I don't think it's a bad thing.
<< <i>And the line from 64 to 65 isn't always a matter of knowing how to grade--it's often a matter of luck. >>
I don't entirely agree with the OP that it's a pain. If I want something, I am not afraid to make an offer on it.
However, it is usually nice to have something to base that offer on.
I think the "pictures available on request" is worse than "make an offer". I mean, if you have pictures, POST THEM, fer cryin' out loud.
(But I suppose some folks who have a lot of coins and limited time to image them - I know how that is - might prefer to just image the ones people are interested in, so I guess I can't really complain about them, either.)
"hate is a closed gate"
an openmind is the one that truly finds both sides of all coins
<< <i>I interpret "make offer" as a fishing expedition, so I never make an offer. I keep on going until I find coins that are priced and actually for sale. >>
I always price my coins on the BST and then proceed to get offers. So what's the frikken difference?
My icon IS my coin. It is a gem 1949 FBL Franklin.
How do some of you people even sleep at night with such problems lurking in your minds?
<< <i>I interpret "make offer" as a fishing expedition, so I never make an offer. I keep on going until I find coins that are priced and actually for sale. >>
The last time I put something on the BST it was a fishing expedition. Why? Because the roosevelt market is in the dumpster for coins that are not very high grade or toned nicely. If I would have put prices according to the PCGS price guide people would still be laughing so actually I was trying to find out what a person would really pay for a coin. One person asked about a coin and I shot him a price that was way under PCGS guide price. Never heard a word from him again. I guess the darn things are worth a dime and thats it.
Make a offer does not bug me at all. What does bug me is way over priced coins which I think is the real fishing expedition.
Ken
<< <i>I brought a similiar topic up a few weeks ago. If I attempt to sell a coin at a show I always quote about 10 to 15% higher than what I really need to get for the coin because I know 99% of the time the dealer will say it is too high, whether it is really high or not. It is just part of negotiations and someone trying to get a good deal. I rarely sell to dealers or coin shops anyways because they normally pay a fraction of ebay prices. From my experience, coin shops pay about 55 to 60% of ebay prices and dealers at coin shops about 70 to 75%, so since I'm not in a charitable mood I just don't even bother anymore soliciting bids from coin shops or shows. >>
coin shops pay about 55 to 60% of ebay prices and dealers at coin shops about 70 to 75%
This just doesn't compute.
``https://ebay.us/m/KxolR5
<< <i>I agree with the OP completely. >>
Ditto.
1/2 Cents
U.S. Revenue Stamps
<< <i>Hate is a strong word. I hate brussel sprouts. >>
Even thinking of them keeps me awake at night.
BTW
Prices. Prices. I like to see prices.
"Inspiration exists, but it has to find you working" Pablo Picasso
<< <i>Hate is a strong word. I hate brussel sprouts. >>
Brussel sprouts are almost as good as Ice Cream....
Ken
I like prices to even though I cant afford most of them. What I dislike is being in a B&M shop and the dealer not having a price on a slabbed coin. drives me nuts.
<< <i>
<< <i>BTW
Prices. Prices. I like to see prices. >>
I like to see the coin, first. I sleep better at night that way
``https://ebay.us/m/KxolR5
<< <i>
<< <i>I interpret "make offer" as a fishing expedition, so I never make an offer. I keep on going until I find coins that are priced and actually for sale. >>
Make a offer does not bug me at all. What does bug me is way over priced coins which I think is the real fishing expedition.
Ken >>
I think many sellers are uneasy about asking top dollar for their coins which is probably why they use the make an offer route. If you really have no idea about the grade or value of what you are selling I think it would behoove you to at least find out.
<< <i>Drives me nuts. Give me your price, and we can continue from there. You're the seller. I think a lot of the mentality behind the "make an offer" system is the idea that maybe someone will offer much more than what you'd sell at, and that you'll make a killing. Well, I don't think that ever works more than 1 time in a million. >>
Rob
"Those guys weren't Fathers they were...Mothers."
<< <i>
<< <i>
<< <i>Drives me nuts. Give me your price, and we can continue from there. You're the seller. I think a lot of the mentality behind the "make an offer" system is the idea that maybe someone will offer much more than what you'd sell at, and that you'll make a killing. Well, I don't think that ever works more than 1 time in a million. >>
Why should this drive you nuts?
If you don't like it, don't make an offer. >>
because he wants to see a price low enough to flip the coin for a profit? ;-)
bargaining takes work. >>
I hate making an overly strong offer when the person is actually not desperate for such a high price, and feel like an ass when I quote greysheet.
<< <i>
<< <i>Drives me nuts. Give me your price, and we can continue from there. You're the seller. I think a lot of the mentality behind the "make an offer" system is the idea that maybe someone will offer much more than what you'd sell at, and that you'll make a killing. Well, I don't think that ever works more than 1 time in a million. >>
Why should this drive you nuts?
If you don't like it, don't make an offer. >>
I wouldn't complain except for the fact that it sometimes holds me back on buying coins I'd otherwise jump at.
<< <i>Yeah, well, we're all sick and tired of being sick and tired
on the forum still shoot me a PM with an offer, or what's my best price etc. Note, my best price is more than I'm asking, but I'll sell it for the listed price.
...and I also agree with stman
<< <i>I agree with the OP and wish some of you would keep your holier than thou mentality at the OFR. Just leave it there where you can belittle people and this forum all day every day. What a crock of hypocrisy.
Look in the mirror, Mike!!
"La Vostra Nonna Ha Faccia Del Fungo"
Why should the seller nail thier foot to the floor - you know how much you are willing to pay for the coin so make y.b.o.
Of course the seller is hoping to get a $trong offer...what's wrong with that!?
....I can't believe the number of people that would rather have the seller dictate the terms of their offer.....very strange.
.............ah, what the hell! just give 'em away!!