If you don't pay my price, you're dumb.
291fifth
Posts: 24,437 ✭✭✭✭✭
Am I the only one who really dislikes this type of attitude from a seller?
All glory is fleeting.
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If I own a coin in my collection and you want the coin.
Why do I have to sell to someone at thier price or some sheet price?
Why can't I set my price for my coin?
Am I missing something here?
<< <i>I'm not sure that everyone gets the concept here!
If I own a coin in my collection and you want the coin.
Why do I have to sell to someone at thier price or some sheet price?
Why can't I set my price for my coin?
Am I missing something here? >>
I don't think anyone is saying people shouldn't be free to price their coins however they see fit.
<< <i>In my experience, slaves to the sheet end up with the worst looking collections. >>
OP didn't mention "the sheet".
You are correct IF someone is talking about sticking to the sheet prices, but I would agree with the OP that the "if you don't pay my price, you're dumb" is a rude thing to say and is not necessarily true.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>This is not about sheet prices. It is about attitude. I have even encountered it with items priced at less than $25 which are not even listed in any pricing guide. >>
Attitudes go both ways. I can definitely see a seller adopting the attitude that if you don't understand my price you are 'uneducated' in response to a buyer's attitude that they should be able to buy a quality coin at wholesale. If the seller can't replace it, why should they sell it???
If Im buying and its a good coin, Ill pay up for it everytime. But, if the dealer is rude or a know it all, I will walk away everytime. I dont need the hassle in my hobby. Theres too many coins and too many dealers to have to deal with an ass.
<< <i>She is always spot on with her pricing because she knows her stuff. >>
No dealer is always spot on with his/her pricing, whether or not they know their stuff.
The small store has been replaced by the conglomerate ... the friendliness is now forced ... a sign of the times. There are still a few traditionalists out there and I prefer to do business with them over the high-volume/high attitude guys. I don't think we'll ever return to those golden days, I just hope the it doesn't get worse.
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>Attitudes go both ways. >>
AMEN. I just had a buyer send me a really nasty email because a few cheap coins arrived damaged. He insisted that I was going to refund his money or replace them if he sent them back.
I responded that it is very unusual for coins to arrive damaged but when it happens, I usually send replacement coins with a prepaid envelope to return the damaged ones in. It went back and forth a few times with him being nasty and me being nice. In the end he is paying for return postage, I believe it is his attempt to save face after his first nasty email.
As a buyer, I ignore the attitude if it is a slabbed coin. Either I want it at the price or not. If it is a raw coin, then such an attitude would probably make me pass, just because I would not trust the seller not to be hiding a problem.
--Jerry
Bottom line they weren`t even close...stands to lose thousands...made a resonable offer my PMs didn`t
recieve a courtious "no thank you"...glad my offer was snubbed...as those coins wont be finding any buyers
at the ridiclous asking prices...made me feel like the smart one...
"Because I can"
myurl The Franklin All Old Green Holder Set
Yet as a dealer, I can tell you that there are times when tire kickers deserve to hear that. Years ago I had those old guy come to my table who was looking to buy better than common date Morgan Dollars. I priced the items he picked, and he then proceeded to tell me that I was a crook because I wanted “prices that were higher than the Red Book.”
That rather surprised me because I had given him quotes that mostly fell between “bid” and “ask” on the Gray Sheet. As it turned out this guy had a three year old Red Book as source of reference, and he was using it at a time when the Morgan Dollar market had been active. Of course that did not matter. My “prices were higher than the Red Book.”
It’s a good thing he didn’t have a copy of the first edition of the Red Book.
A dealer friend of mine bought a coin from her (mid-50's) and quickly resold it for 100K. It's hard to be an expert in all series.
We couldn't agree on price because the dealer wanted $31K and I felt the coin was worth $25-$27K max. The dealer noted that the only other 66 sold for more than $31K a few years earlier. What they didn't mention or didn't know was that the 2 coins were at least 1/2 pt different in quality and probably closer to a full point. To make a long story short I didn't stretch nor did I feel dumb for having passed on it. The price guides were of no help on such a coin either since they weren't accurate even in MS65. That dealer never did get the $31K for the coin that they "knew" the value of. 2 years and 5 auction attempts later they finally dumped the coin after having it downgraded to a PCGS MS65 and settling for something in the mid to upper teens.
roadrunner
<< <i>... Of course that did not matter. My “prices were higher than the Red Book.” >>
Did you tell him you'd order one from the Red Book for him and call him when it came in?
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
<< <i>This is a hobby, and nothing that coin dealers sell is a necessity of life.
Yet as a dealer, I can tell you that there are times when tire kickers deserve to hear that. Years ago I had those old guy come to my table who was looking to buy better than common date Morgan Dollars. I priced the items he picked, and he then proceeded to tell me that I was a crook because I wanted “prices that were higher than the Red Book.”
That rather surprised me because I had given him quotes that mostly fell between “bid” and “ask” on the Gray Sheet. As it turned out this guy had a three year old Red Book as source of reference, and he was using it at a time when the Morgan Dollar market had been active. Of course that did not matter. My “prices were higher than the Red Book.”
It’s a good thing he didn’t have a copy of the first edition of the Red Book.
You should have given him a "free" NEW Red Book and then priced it from there
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Am I the only one who really dislikes this type of attitude from a seller? >>
Nope your not alone, the good news is they are easy to ID and easy to avoid............
<< <i>When the market hits bottom, and it isn't even close yet . . . >>
I sometimes think I'm the only guy in here who can't predict the future.
Bruce, to some degree I find this to be true. But I've seen a number of dealers mark up nothing special for the grade coins (PM me for a a few, if interested), and try to sell them for said premium because they claim that "we always offer premium for the grade coins" when this is not the case.
"Seu cabra da peste,
"Sou Mangueira......."
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<< <i>When the market hits bottom, and it isn't even close yet . . . >>
I sometimes think I'm the only guy in here who can't predict the future. >>
There are at least two of us.
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<< <i>When the market hits bottom, and it isn't even close yet . . . >>
I sometimes think I'm the only guy in here who can't predict the future. >>
There are at least two of us.
I knew you were gonna say that.
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<< <i>When the market hits bottom, and it isn't even close yet . . . >>
I sometimes think I'm the only guy in here who can't predict the future. >>
There are at least two of us.
I knew you were gonna say that. >>
So, you CAN predict the future!!!
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
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<< <i>
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<< <i>
<< <i>When the market hits bottom, and it isn't even close yet . . . >>
I sometimes think I'm the only guy in here who can't predict the future. >>
There are at least two of us.
I knew you were gonna say that. >>
So, you CAN predict the future!!!
Somebody got it!
I hate salespeople like that. I will pass. You can find more than you can ever pay for from willing sellers.
Quite a few will find out that they spent up to 100k on a 25k collection on of these days.
I do not really think the OP was talking Legend or Laura when he posted this. They are at the top and they know what they are doing. You will end up with excellent coins from them but not at a discount. I doubt that you could sell many if any without holding for a while. I would be concerned about that.
There are plenty of nice coins around for the bulk of collectors. You can either hunt for them and makes the rounds and save some money or you can just pick up the phone and call Legend. They have done the leg work and for that you will pay.
Live and die by the sheet, 98 percent collect coins in that manner. Most dealers buy based on sheet, i would be willing to bet that legend buys plenty of inventory off of sheet guidelines. Most every coin show or coin store i have ever been in looks at grey sheet and subtracts from there on buying your coins if you go that route.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
I offered $1200 on a coin listed at $1595 "or best offer," he responded with $1545, I raised the ante to $1300 along with a note that what I was offering was competitive and more than the three most recent sales of the same item (the highest of which was $1250).
Here's the response I received along with his unchanged counter of $1545:
You can't compare a none CAC coin to a CAC coin. I paid 1375 for this coin and I'm a dealer. If you want a cheap coin, than that is what you will end up with. What appears to be a bargain, often is not.
Apart from the fact that yes indeed you can compare CAC and non-CAC coins, I don't think I need to be "schooled" by someone who has more in a coin than the current market will bear.
And based on his photos, it wasn't all there anyway CAC-wise, but I was still willing to pay a premium for it.
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>I don't think I need to be "schooled" by someone who has more in a coin than the current market will bear. >>
Unfortunately, you opened yourself up for it when you first attemped to school him with this: "I raised the ante to $1300 along with a note that what I was offering was competitive and more than the three most recent sales of the same item (the highest of which was $1250)."
To be perfectly honest, I don't know why people feel the need to prove that their opinion of a coin's value is the correct one when such proof has not been requested. When presented with a situation where the seller wants more than you're willng to pay, it's much easier to just say "No thanks" and leave it at that.