? about stores & prices
rawteam1
Posts: 2,472 ✭✭✭
what percentage of supermarkets, walmarts. targets, etc,
gas stations, 7-11's, etc, have people gone into and their are no prices listed for any items?
or there is a sign make an offer?
i find it quite fascinating involving coins & pm's how many people cant put a price on something...
why are pictures so important but prices arent?...
keceph `anah
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<< <i>what percentage of supermarkets, walmarts. targets, etc,
gas stations, 7-11's, etc, have people gone into and their are no prices listed for any items?
or there is a sign make an offer?
i find it quite fascinating involving coins & pm's how many people cant put a price on something...
why are pictures so important but prices arent?... >>
Too much libation today?
<< <i>PM prices are changing minute to minute. Coin prices can changing week to week(just look at the greysheet). Who has time to keep changing price stickers. They just look up the price on kitco metal live quotes or the greysheet. >>
fascinating...
i wonder how tulving, apmex, lear, gainesville, & a hosts of other do it....
they must "know" something these other "sellers" dont know...
they must "know" something these other "sellers" dont know...
oh, that's really simple to answer...the ones you mentioned charge too much and deal in extreme volumes. Most of us here are just guys that do this as a hobby and to meet some people along the way.
Now that that's cleared up...ask me what I want for what I'm offering. Remember though, I can't sell it AND buy it at the same time.
There is lots of room to negotiate and "make offers" between individual buyers and sellers of used goods of all kinds, not just coins and metals
The large metals businesses you mention operate on a retail model, and your use of the as examples illustrates the point
Liberty: Parent of Science & Industry
<< <i>Why are you comparing retail stores pricing practices to private "seller" transactions?
There is lots of room to negotiate and "make offers" between individual buyers and sellers of used goods of all kinds, not just coins and metals
The large metals businesses you mention operate on a retail model, and your use of the as examples illustrates the point >>
ok a private seller would be a one man show table at a swap meet, coin or gun show???
or a catering truck sellin tacos or burgers, a guy standing on the street corner sellin roses?
a garage sale, the tamale lady who comes every friday, r they private sellers?
or pray tell, enlighten my ignorance...
so these "sellers" also have no prices? its all just pictures & guesses?...
quite fascinating to say the least...
<< <i>
<< <i>PM prices are changing minute to minute. Coin prices can changing week to week(just look at the greysheet). Who has time to keep changing price stickers. They just look up the price on kitco metal live quotes or the greysheet. >>
fascinating...
i wonder how tulving, apmex, lear, gainesville, & a hosts of other do it....
they must "know" something these other "sellers" dont know... >>
Current PM spot price + a set $ amount. It's a no brainer.
BTW most B&M or PM dealers do it the same way for bullion
But according to some on this thread, a guy on CU BST should be different???
<< <i>i wonder how tulving, apmex, lear, gainesville, & a hosts of other do it....
they must "know" something these other "sellers" dont know...
oh, that's really simple to answer...the ones you mentioned charge too much and deal in extreme volumes. Most of us here are just guys that do this as a hobby and to meet some people along the way.
Now that that's cleared up...ask me what I want for what I'm offering. Remember though, I can't sell it AND buy it at the same time. >>
i dont c any of them asking close to spot + $10 for maples...
So now we're getting into the argument that a seller can't sell for what they want to now. So that's the real motivation behind your question.
Well, now that that has been exposed, I'll say there has been many discussions in the past on these boards about this and it usually sides of the contention that a seller can ask anything they want to. Perhaps you should've paid attention? Sure, there might not be a buyer, but let me tell you, I've put it out there and completed the sale before with what some may think is too high. I can deliver tomorrow, mega-inventory houses can take up to 6 weeks before they send out your order.
Respectfully, YOU are not the only buyer on these boards rawteam1, and in fact when you have inquired about something I was selling in the past, your offer is more insane than what you think I was asking. So what do you say to that? You had to ask, right? Well, I'm saying the same by putting it out there asking for offers. There are some that live in remote places and would rather do business with someone they have built up a trust with than, let's say, any one of the mega-inventory houses you mentioned that can leverage their bottom line better than a guy who does this for fun can.
I don't see anything wrong with leaving it up to the BUYER to set the price. Any informed person that follows the precious metals knows damn well what things are going for, but, factor in the above mentioned statement and some are more than willing to pay a premium rather than wait 6 weeks to get their product that they paid for 6 weeks ago.
i guess its all about your personal interpretation...
maybe hit a personal sore spot for u, but not me....
oh yea, i asked about items with no prices, yea thats it...
I wish I had time for this but i'll rest it and do something more productive now.
oh, & by the way the only reason i referenced one of your offers is because of your peculiarly odd response to sellers i had listed...
"oh, that's really simple to answer...the ones you mentioned charge too much and deal in extreme volumes."
that response was quite strange and a stark dichotomy to your listing,
so i guess i was trying to figure out how/why or try to make some coherent sense of it, but could not...
Does that mean my rolls of Maples are a bargain at Spot + $10?
NO! It means they can ask what they want to.
End of story. And by the way, pictures are extremely important in my humble opinion. I wont consider a $50 coin without a picture let alone than a $3k one
This.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>i dont c any of them asking close to spot + $10 for maples...
and in fact when you have inquired about something I was selling in the past, your offer is more insane than what you think I was asking. So what do you say to that? >>
well since u asked, i figure i would check to see the reality of what you accuse,
for my own mental health, since i do have all my pm's still in my box,
it looks like only twice or maybe once depending on semantics did i ever make an actual offer to you to buy from u,
1 which is the 1 in question, was u asking a price for a gold piece that u told me the price and i said ok in a pm, but someone snapped it up before my pm, that doesnt seem so insane???...
the 2nd or 1st regarding an actual offer was on 10-05-11, spot i looked up on kitco looks like it was 29 or a little under,
and my offer was 32.50 for silver rounds and u were at $1.75 higher than that($34.50),
so i dont think that was an insane offer on the receiving end (u)...
dont know why u r in such a bad mood, but your accusations are careless at best...
I dont list a price on graded coins becuase I hate stickers, so you have to ask. (most people locally dont even ask about these anyway, and most get sold elsewhere anyhow.
The silver eagles both the 2012 and the older ones have a price on a 2x2 white insert. Its in the first spot of the tray and I can change that daily or even during the day if need be. For example:
I will have pre 12 eagles priced at say 33.50, and the 2012s in a different tray at say 37.00.
for silver rounds and such, i just price at spot , so the price changes constantly. If I have a lets say 10 oz englehard bar, ill price it at spot plus x
I recently downsized the store considerably, but still have 1 whirly bird that i keep proof sets, mint sets, etc in, I dont price them to viewers , I just sell at greysheet price. so when customers ask, i just pull it out and quote from there.
Like I said yesterday, a seller can ask whatever they want, but as derryb says, the buyer ultimately sets the price. I also pointed out a few others that are asking more than what you said I am asking for Maples. They are Spot + $14 or so for Silver Eagles. This proves what I am trying to make the point of.
And in fact, your Spot + $10 accusation is inaccurate as well. I guess you weren't refering to what I have listed after all, right?
No need to get into again with you, it can only lead to negative things.
I will say though that rawteam and I were having what I felt was a civil discussion based on what we both believe to be facts.
But in your typical fashion, rather than contributing something positive, you had to make a smart arse personal comment that you just can't seem to resist in doing.
But I really don't expect any less from you, so it's no surprise whatsoever to me. I'd be more surprised if you grew up and didn't say anything.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"And in fact, your Spot + $10 accusation is inaccurate as well. I guess you weren't refering to what I have listed after all, right?"
my quote was,
"i dont c any of them asking close to spot + $10 for maples..."
close to... comprende?...
i'm never wrong...
now u, thats another story that could take years & cost millions...
Why would I do that and stand a chance of getting banned? Let's just say when I asked, I wasn't told no.
Bring your lure out of the water, it's stinking the place up.
<< <i>just type my "real id"
Why would I do that and stand a chance of getting banned? Let's just say when I asked, I wasn't told no.
Bring your lure out of the water, it's stinking the place up. >>
In other words you just make things up as you go along.
<< <i>Dealer today wanted spot plus $4.50 for some maples. This buyer decided he didn't want to pay it and passed. Another buyer might scoop them up at that price. Beauty of a free market >>
what about spot + $3????????
<< <i>
<< <i>Dealer today wanted spot plus $4.50 for some maples. This buyer decided he didn't want to pay it and passed. Another buyer might scoop them up at that price. Beauty of a free market >>
what about spot + $3???????? >>
had he said that, I guess I would have had a more difficult decision to make
That's the thing with this stuff. Buyers, as well as sellers, get these numbers in their head like "that is the price". No one wants to negotiate anymore it seems, it's really become a lost art. So because of that, these "line in the sand" numbers are out there, but what I want to ask is who sets these numbers? The buyer right? So if the buyer doesn't want to pay the sellers asking price, the seller should at least try to negotiate a little, am I right?
That's all I'm saying. Negotiate a little vs. going with this number out of thin air stuff. When a buyer/seller gives me an unrealistic price, I make them aware that I know what it is really currently worth and that i'm not someone they can take advantage of. That usually opens their eyes and makes them willing to negotiate, at least from my experiences.
And if both sides then can't come to an agreement, then so be it. The buyer says they are unwilling to pay that and the seller says thanks for the chance.
But everybody thinks they have a number in their head and that is the price because someone told them so. All I'm saying is there are more factors that go into what someone thinks the value of something is.
Here's a few:
If I wait will I pay more (or less)?
How far did I drive to this show to walk away without buying anything?
When will be the next chance I will get to buy something like this because they are hard to find?
I'd rather buy it online from someone I know I can trust than drive 80 miles to the nearest coin shop or wait a month til the next show and hope someone has one.
If I buy it at this price, what will I be able to get if/when it comes time to sell?
Is this really what I should be buying with my money right now?
I feel (whatever the item is) is undervalued and I am willing to pay a premium because I strongly feel it will reach its true value soon enough.
Does anyone get what I'm saying? This thread went way wrong, and in part because of me responding to people I know better than I should allow myself to talk to for my own reasons. So let's get it back on track right now and talk about the issues that the OP initially brought up.
Thank you. How amusing though that no one wants to discuss the valid points brought up now, guess they'd rather just hurl personal insults. I guess I understand, that doesn't take much thought.
(thinking to self...I wonder how long this will take for someone to reply to)
<< <i>what percentage of supermarkets, walmarts. targets, etc,
gas stations, 7-11's, etc, have people gone into and their are no prices listed for any items?
or there is a sign make an offer?
i find it quite fascinating involving coins & pm's how many people cant put a price on something...
why are pictures so important but prices arent?... >>
JMHO~some folks are the "Robert Chambers" of bullion-Rare, Unique, Collectible, oh and the WAY over used = Hard to FIND!
They put enough spin on words the Local BM silver junk box becomes all the above BUZZ words mentioned
<< <i>just type my "real id"
Why would I do that and stand a chance of getting banned? Let's just say when I asked, I wasn't told no.
Bring your lure out of the water, it's stinking the place up. >>
Tell me then and I'll post it. For $10K I'll happily get banned.
Knowledge is the enemy of fear
I knew it would happen.
<< <i>JMHO~some folks are the "Robert Chambers" of bullion-Rare, Unique, Collectible, oh and the WAY over used = Hard to FIND!
They put enough spin on words the Local BM silver junk box becomes all the above BUZZ words mentioned
interesting observation,
A. bullion-rare?... no such thing
B. unique?... meaningless
C. collectible?... complete waste of $$$
D. hard to find... then y u sellin it??? & refer to B & C
Really? Right there I know not to go any further with this conversation. Good evening to you.
<< <i>bullion-rare?... no such thing
Really? Right there I know not to go any further with this conversation. Good evening to you. >>
glad u agree with the other 3...
No, like I said, it is pointless to discuss any further knowing otherwise. I don't feel the need to prove the point any further.
If you can't acknowledge that there is such a thing as collectible bullion that sells for multiples of what Spot is, I'm not the one to educate you on it, sorry. I have more productive things to do.
Come back when you're ready to discuss the reality of bullion. b bye
<< <i> I don't feel the need to prove the point any further.
>>
??? lol, point?, what point?, u havent "proved" anything whatsoever...
btw, what r u trying to prove?...
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
They'd rather do the insult thing than acknowledge their ignorance. It's a waste of everyones time trying to help the ignorant that refuse to learn, learn.
But feels "bullion-rare?... no such thing."
Then why the mark up? A certain word comes to mind at this point, hypocrite.
I dont see what all the arguing is about.If I look at the BST and someone lists maples for spot plus $10 I move on.I can get them at any online dealer much cheaper.However if I am looking for say a 1921 peace dollar and one is listed without a price,I will have to discuss the price with the seller.If I want it for X and the seller wants X plus 20% we may be able to work something out.If the seller wants 3 times X then its thank you for your time but no thanks.No drama and no pressure.
<< <i>I dont see what all the arguing is about.If I look at the BST and someone lists maples for spot plus $10 I move on.I can get them at any online dealer much cheaper.However if I am looking for say a 1921 peace dollar and one is listed without a price,I will have to discuss the price with the seller.If I want it for X and the seller wants X plus 20% we may be able to work something out.If the seller wants 3 times X then its thank you for your time but no thanks.No drama and no pressure. >>
Well put!
<< <i>The OP has this for sale, also 2012 lunar dragon bu kilo, $1125 shipped.
But feels "bullion-rare?... no such thing."
Then why the mark up? A certain word comes to mind at this point, hypocrite.
best price on any lunar dragon kilo u can find makes it rare? mark up? mark up from what?...is their some secret price?
u make no sense whatsoever...lol
i c u have some major issues now, these guys here are absolutely right, too bad u seemed like an alright guy...