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What was the lowest BIN offer in relation to List Price you have made that has been accepted?

2ltdjorn2ltdjorn Posts: 2,329 ✭✭✭✭
I know quite a few folks here sell on Ebay, and are annoyed by low ball offers... but I imagine that sometimes the offers are accepted?

So how well have you done?
WTB... errors, New Orleans gold, and circulated 20th key date coins!

Comments

  • jonathanbjonathanb Posts: 3,745 ✭✭✭✭✭
    I've had one or two offers accepted that were like 1/3 of the original price. I don't usually bother making an offer that's that low, but I've done it sometimes, for example if I know that the seller has a history of accepting low offers. I noticed recently that eBay seems to be hiding the final selling price for accepted offers now, so I guess that's not going to be happening any more.
  • I used to make quite a few offers, until it seemed like a lot of sellers turned off the "auto accept/decline" feature for their listings. It was fun to make an offer and see whether or not I won the lot.

    Also, a few sellers are real picky with offers. I have offered $60 on a $70 item, and the seller counters with $69 or something.

    www.coinswithhistory.com
  • giorgio11giorgio11 Posts: 3,936 ✭✭✭✭✭
    The lowest I have had accepted are around 70% of the BIN. It never hurts to ask!

    Best Regards,

    George
    VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    If someone makes a really ridiculous offer, they are just asking to be blocked, and by the sellers friends as well!
  • sniocsusniocsu Posts: 1,291 ✭✭✭


    << <i>If someone makes a really ridiculous offer, they are just asking to be blocked, and by the sellers friends as well! >>



    But honestly, the asking prices on some of the best offer listings are outrageous. Sometimes a "ridiculous" offer is a totally realistic one.
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭


    << <i>

    << <i>If someone makes a really ridiculous offer, they are just asking to be blocked, and by the sellers friends as well! >>



    But honestly, the asking prices on some of the best offer listings are outrageous. Sometimes a "ridiculous" offer is a totally realistic one. >>




    LOL, I suppose, like this one? 1880-O Full Tilt Mode

    You would have to offer 33 Grand less. Point taken!!
  • jonathanbjonathanb Posts: 3,745 ✭✭✭✭✭
    The ones that really leave me scratching my head are when a seller lists a ridiculous BIN, and then accepts 25% of the original price within hours of the initial listing. I've seen some where I definitely would have made a higher offer (but still much less than the BIN) if I had any thought that it would be accepted.
  • I sell things at flea markets.

    Just about everyone makes an offer on what I have. So I raised my prices slightly. That way if someone makes an offer, I still can do fine, and they think they got a steal.

    www.coinswithhistory.com
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    Some dealers or sellers just can't let go. There are 2 coins, been in the dealers case at least since I was 16, (now 47). The other day, I made an offer on one, way higher than it is worth, yet much lower than his price, just to see what would happen. Holy Cow, did he get mad. It's a raw 84-S Morgan, Maybe a 50, and he wants $1800. Says its an MS-65! I show him a PCGS 64 graded Morgan, (1890-O) and he says it's not even XF since the Eagles breast feathers are weak. I immediately ask if I can see all his XF coins, I might want to buy some. He pulls out some slugs that PCGS might not even be able to identify.

    The grading companies need to be in business, if only because of this guy!
  • ebaybuyerebaybuyer Posts: 2,984 ✭✭✭
    when i get a low ball offer i just toggle to the ebay blocked bidder page. if the price seems "outrageous" perhaps you dont know the market. making an offer based upon grey sheet or any published price guide is not knowledge of the market
    regardless of how many posts I have, I don't consider myself an "expert" at anything
  • illini420illini420 Posts: 11,466 ✭✭✭✭✭
    I consider every offer made to me via eBay. If I consider it way too low, I take the opportunity to counteroffer the person and in that counter I will make an attempt to educate them on why I feel my price is more fair than their offer. I would only block someone from making future offers if they repeatedly wasted my time with obscenely low offers; otherwise, it only takes a minute to respond to an offer and I'm fine with that.

    In buying, I have made offers around half of the original listing price that have been accepted by sellers that were apparently shooting for moon money.

  • UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭


    << <i>If someone makes a really ridiculous offer, they are just asking to be blocked, and by the sellers friends as well! >>



    Amen to that!
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • s4nys4ny Posts: 1,573 ✭✭✭
    Seller accepted $145 on a $199 BIN. Complete set of Roosevelt Dimes.
    48 Silver + maybe 10 clad.

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