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Do You Make Offers On Coins That Are Supposed To Be For Sale?

stmanstman Posts: 11,352 ✭✭✭✭✭
in U.S. Coin Forum
I'm seeing more "For Sale" coins with a make an offer on the BST than ever in the past. Do most people make an offer?
Myself, I can usually tell before I even read the whole listing it's a make an offer and I hit the back button. I think I've only made one offer on a coin
ever. It would have to be something I really want, or need to have for me to make an offer. And these days there is no coin I need to have.
Or, it might have to be something I want really bad and want to jump before someone else does. Which never happens eitherimage Your thoughts?
Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!

Comments

  • BAJJERFANBAJJERFAN Posts: 31,313 ✭✭✭✭✭
    It generally means that the coin isn't selling at the price the seller would like to get and rather than resort to eBay or some other venue, he'd still rather try and move it here.
    theknowitalltroll;
  • TomBTomB Posts: 22,080 ✭✭✭✭✭
    I view the make an offer strategy as a way for the seller to extract every dollar off the table in the transaction.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • commacomma Posts: 1,529 ✭✭✭
    Why wouldn't you make an offer?
    Yes, it could be a way for a seller to get more money, but it could easily be a way for a buyer to get a coin at the price they want to pay...
  • johnny9434johnny9434 Posts: 29,233 ✭✭✭✭✭
    yes, you never know if theyll take the price that you offer
  • LanLordLanLord Posts: 11,723 ✭✭✭✭✭


    << <i>Why wouldn't you make an offer?
    Yes, it could be a way for a seller to get more money, but it could easily be a way for a buyer to get a coin at the price they want to pay... >>



    I follow what stman is saying, I hate it when the owner won't even put a starting point on it. Even if the starting point is the beginning of a haggle, at least it is a starting place, you realize the owner either knows or doesn't know what they have.
    I just move on.
  • chaze215chaze215 Posts: 1,310


    << <i>

    << <i>Why wouldn't you make an offer?
    Yes, it could be a way for a seller to get more money, but it could easily be a way for a buyer to get a coin at the price they want to pay... >>



    I follow what stman is saying, I hate it when the owner won't even put a starting point on it. Even if the starting point is the beginning of a haggle, at least it is a starting place, you realize the owner either knows or doesn't know what they have.
    I just move on. >>



    image
    Chaz

    Proud recipient of Y.S. Award on 07/26/08.
  • UnknownUnknown
    This content has been removed.
  • DennisHDennisH Posts: 14,011 ✭✭✭✭✭
    Never. I ignore them all.

    I regard "make offer" as nothing more than a fishing trip; the coin may not actually be for sale unless a big one comes along. Let me know when it has a price tag, then I'll look.
    When in doubt, don't.
  • commacomma Posts: 1,529 ✭✭✭


    << <i>

    << <i>Why wouldn't you make an offer?
    Yes, it could be a way for a seller to get more money, but it could easily be a way for a buyer to get a coin at the price they want to pay... >>



    I follow what stman is saying, I hate it when the owner won't even put a starting point on it. Even if the starting point is the beginning of a haggle, at least it is a starting place, you realize the owner either knows or doesn't know what they have.
    I just move on. >>



    If everyone thinks like this and is ignoring every coin that doesn't have a set price...well, that leaves a lot of nice coins on the table for me image
  • TWQGTWQG Posts: 3,145 ✭✭
    I always ignore "make offers". Fishing for the uninformed is not a business model that I like to support.
    My eBay store
  • NumisMeNumisMe Posts: 841 ✭✭
    You guys don't make any sence.

    I personally put up a bunch of coins that I need to sell to pay the rent. By reviewing sale history of those items that have sold over the last month on Ebay, I put what seemed to be reasonable prices on all of them, and all I got were members telling me that I am asking too much. So I asked for offers on all the items and I did get a few.

    Now you tell me that you are offended when we ask for offers, or that we don't know what we have.

    This is nuts!!!

    Besides just outright handing you my coins, what is it that you really want me to do?

    This is very frustrating.

    Whether it be here, or on Ebay, I am never afraid, or put off by making an offer, as I know what I am willing to pay for what I want, and if the seller doesn't want to accept my offer, then he either turns it down, or he makes me a counter offer.

    This is called negotiating, and I thought it was the cornerstone of our culture.

    JMHO image
  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
    .
    so most people like a price with the OBO option?
    .

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • DennisHDennisH Posts: 14,011 ✭✭✭✭✭
    Don't assume that everyone does business the same way, or that everyone like negotiating. The B-S-T board here represents a vastly smaller and generally more sophisticated audience than eBay is, hence the pace of sales tends to be much slower and tolerable price levels may be different.
    When in doubt, don't.
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭
    I like a posted price. No point in wasting time if the perceived value of the seller and the potential buyer are miles apart and you have to PM to even find out a starting point.

    Besides, posted prices often get modified to "price reduced" when it doesn't sell.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Some one once said you can never make everyone happy.image

    All you can hope is to not make them all mad.image

    image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • NumisMeNumisMe Posts: 841 ✭✭



    << <i>so most people like a price with the OBO option? >>




    That is what I did. Every item was priced and had OBO attached.


    You know, back in 2004-05, I never had these problems, and folks were a lot more reasonable. Now they only want to low ball eveything and if you ask straight out what they are willing to pay for it, you are a bad person trying to take advantage of them.

    I know not everyone is like this, but a lot more are now than then.

    I'm sorry if I offend(ed) anyone, I am just trying to make ends meet, and unfortunately, it means that I have to part with a bunch of my babies. God forbid I should actually want to get something out of them.
  • yellowkidyellowkid Posts: 5,486 ✭
    I would open with what do they have to have for the piece, gets the juices flowing...image
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    I never make offers on those listings. If they want to sell it in a "make offer" format, I recommend that they put it in an auction. If they are not sure how to price a 25th Anniversary Set or an MS-65 common date Morgan, there are extensive resources to help them. If it is something obscure or esoteric, ask around.

    My other pet peeve is the ebay listing at an outlandish price and a "make offer" option. I ran across a fairly common gold coin offered by one seller, who happens to be a forum member, where the list price was about 50% more than reasonable retail market value. Over the last year and one-half, he had about a dozen offers, and all were refused. My guess is that he really does not want to sell the coin, so why should I waste the effort of making a reasonable offer? image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    I like to post a price and then put make offer after the price
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • ajmanajman Posts: 1,359 ✭✭✭


    << <i>I never make offers on those listings. If they want to sell it in a "make offer" format, I recommend that they put it in an auction. If they are not sure how to price a 25th Anniversary Set or an MS-65 common date Morgan, there are extensive resources to help them. If it is something obscure or esoteric, ask around.

    My other pet peeve is the ebay listing at an outlandish price and a "make offer" option. I ran across a fairly common gold coin offered by one seller, who happens to be a forum member, where the list price was about 50% more than reasonable retail market value. Over the last year and one-half, he had about a dozen offers, and all were refused. My guess is that he really does not want to sell the coin, so why should I waste the effort of making a reasonable offer? image >>

    Maybe it's priced that way to combat the outrageous fee's that feebay charges. Do your research, make an offer, and let the chips fall where they may.
    Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
  • 291fifth291fifth Posts: 24,691 ✭✭✭✭✭
    The seller is hoping for a "live one" to come along and overpay.

    All glory is fleeting.
  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>The seller is hoping for a "live one" to come along and overpay. >>




    On here? Surely you jest!image
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I pass them by... I like to know where the seller is. True, I can negotiate, and I can research. However, what may be a realistic price in the market, may - and often does - seem like an insult to the seller. Ownership tends to overvalue coins. Cheers, RickO
  • GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭
    95% of the time, if you tell me to "make an offer," you will not get the full amount I'm willing to pay. Tell me your price and we can work from there.
  • commacomma Posts: 1,529 ✭✭✭
    I would have thought that people here would be more picky about the coins they're getting rather than how someone lists them.
    If you get the coin you want at the price you want who the he!! cares if you had to ask what their bottom line was or not? Whether a coin has a price or not I usually start by asking what their best price is...and I KNOW that most people here do the same...
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    NumisMe, putting a price as you say and also including that someone can make an offer will get my attention. Nothing insulting about that.
    To others, I just don't care to play games. If it's for sale I want to see a price. When I sell on here I put a price and I stick with that price.
    Never had a problem selling anything.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • TWQGTWQG Posts: 3,145 ✭✭


    << <i>I would have thought that people here would be more picky about the coins they're getting rather than how someone lists them.
    If you get the coin you want at the price you want who the he!! cares if you had to ask what their bottom line was or not? Whether a coin has a price or not I usually start by asking what their best price is...and I KNOW that most people here do the same... >>



    Because my time is worth money.
    My eBay store
  • commacomma Posts: 1,529 ✭✭✭


    << <i>

    << <i>I would have thought that people here would be more picky about the coins they're getting rather than how someone lists them.
    If you get the coin you want at the price you want who the he!! cares if you had to ask what their bottom line was or not? Whether a coin has a price or not I usually start by asking what their best price is...and I KNOW that most people here do the same... >>



    Because my time is worth money. >>



    So is mine. And if all I have to do is make an offer to get a coin for 25% less than I was thinking because no one would even look at a seller's thread, that is making my time worth it.
    I've bought some of my favorite coins on a make offer basis, and ended up either getting a dream coin for a huge discount, or making money down the road with a resale.

    To each his own. But I think a lot of people are missing out and being ignorant if they just don't even bother to look at coins that they have to make an offer on.



    image
  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>To each his own. But I think a lot of people are missing out and being ignorant if they just don't even bother to look at coins that they have to make an offer on. >>



    Ignorant? Seems a bit harsh. I call it a choice.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • ebaybuyerebaybuyer Posts: 2,984 ✭✭✭
    if you price an item about 25% above what you actually want, then you have room for a few punches in the face, if you price it at what you want, even if below market value there will always be some low baller hoping to score it for half (or less) of market value, precisely why i use ebay best offer, if i get a low ball offer i just copy cut and paste.... right into the bidder block box
    regardless of how many posts I have, I don't consider myself an "expert" at anything
  • RYKRYK Posts: 35,800 ✭✭✭✭✭


    << <i>

    << <i>To each his own. But I think a lot of people are missing out and being ignorant if they just don't even bother to look at coins that they have to make an offer on. >>



    Ignorant? Seems a bit harsh. I call it a choice. >>


    I call it an intelligent choice. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • commacomma Posts: 1,529 ✭✭✭


    << <i>

    << <i>

    << <i>To each his own. But I think a lot of people are missing out and being ignorant if they just don't even bother to look at coins that they have to make an offer on. >>



    Ignorant? Seems a bit harsh. I call it a choice. >>


    I call it an intelligent choice. image >>



    I didnt mean ignorant in a harsh way...just seems pointless to write off any means of getting a coin if you're getting a coin you want for the price you want. That's all.

  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>To each his own. But I think a lot of people are missing out and being ignorant if they just don't even bother to look at coins that they have to make an offer on. >>



    Ignorant? Seems a bit harsh. I call it a choice. >>


    I call it an intelligent choice. image >>



    I didnt mean ignorant in a harsh way...just seems pointless to write off any means of getting a coin if you're getting a coin you want for the price you want. That's all. >>



    Well, we're saving all the deals for you. image
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • SeattleSlammerSeattleSlammer Posts: 10,054 ✭✭✭✭✭
    If you don't make an offer when it's an option you're paying too much. It means that the seller WILL take less. Maybe not a lot less, but something less......

    I had a recent purchase where the Buy It Now was $950 and I offered $750 and it was accepted.

  • commacomma Posts: 1,529 ✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>

    << <i>To each his own. But I think a lot of people are missing out and being ignorant if they just don't even bother to look at coins that they have to make an offer on. >>



    Ignorant? Seems a bit harsh. I call it a choice. >>


    I call it an intelligent choice. image >>



    I didnt mean ignorant in a harsh way...just seems pointless to write off any means of getting a coin if you're getting a coin you want for the price you want. That's all. >>



    Well, we're saving all the deals for you. image >>



    Yay! image
  • RYKRYK Posts: 35,800 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>

    << <i>To each his own. But I think a lot of people are missing out and being ignorant if they just don't even bother to look at coins that they have to make an offer on. >>



    Ignorant? Seems a bit harsh. I call it a choice. >>


    I call it an intelligent choice. image >>



    I didnt mean ignorant in a harsh way...just seems pointless to write off any means of getting a coin if you're getting a coin you want for the price you want. That's all. >>



    Well, we're saving all the deals for you. image >>

    good one!
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>If you don't make an offer when it's an option you're paying too much. It means that the seller WILL take less. Maybe not a lot less, but something less......

    I had a recent purchase where the Buy It Now was $950 and I offered $750 and it was accepted. >>



    I hear you. I was talking about when it's a make an offer with no price at all listed.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭

    Me
    I usually just ask you to give me a fair price and send a check.
    image
    Some coins are just plain "Interesting"
  • SeattleSlammerSeattleSlammer Posts: 10,054 ✭✭✭✭✭
    Oh.....got it.............I didn't even know you could do that.....I assumed that they had to also have a Buy It Now price when using the Make An Offer option.........I was just thinkin' eBay.
  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>Me
    I usually just ask you to give me a fair price and send a check.
    image >>



    Yup, and years ago we had some nice smooth, quick transactions.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • TheBigBTheBigB Posts: 942 ✭


    << <i>To others, I just don't care to play games. If it's for sale I want to see a price. When I sell on here I put a price and I stick with that price.
    >>



    I agree with this, no games.
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭


    << <i>

    << <i>Me
    I usually just ask you to give me a fair price and send a check.
    image >>



    Yup, and years ago we had some nice smooth, quick transactions. >>



    And isn't it something that I ALWAYS get compliments when I post pics of the coins I got from you.
    Just don't go getting a big fat head buddy...
    image
    Some coins are just plain "Interesting"

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