Does this stuff work?
Gazes
Posts: 2,315 ✭✭✭✭✭
I saw a coin listed with a major dealer that I was interested in. The coin seemed very reasonable for the price but I couldn't find it on the dealer's site (I saw it first on collectors.com) So I called the dealer to see if it was available. I got a call back from a representative who told me it was a great coin. I asked if it was available at that price and he said he needed to confirm. He got back to me that it was sold a couple weeks ago---I sort of figured because I thought it was too good to be true.
The rep asked me what I collected and I told him. He wanted to know if I would buy some other coins like that one and I told him to email what they have and I would be happy to look. At this point, remember I had just called to inquiry about the one coin.
The dealer emailed coins that were in the series I collect and outside. I reiterated that I was not interested in the coins outside. Again, later he tried to sell me on some coins simply because they had CC mint marks---but not in the series I collect.
Then he told me the coins he emailed were very rare and that they only had them in their inventory a couple of times over the last 15 years. The coins were common date coins in very good condition---very nice coins but not rare. I could buy the same coin in that grade every week for the next year. He finished his message with---which coins are you buying?
I politely told him that I really was looking for some of the rarer dates and not interested in high end common dates that were pricey. He then told me he would look out for those coins but when he found them they would probably only last for a few minutes---if that much.
As I said earlier, this dealer has some nice coins. And the owner/principal is very knowledgable--but I cant see myself ever buying a coin from this guy for the very reason that he claimed coins were very rare that quite frankly aren't and more importantly telling me I had a few minutes to decide the next time a coin came up. It made me sorry, I called and inquired about the one coin and then was polite and told the guy what I collected. They lost me as customer---does this stuff really work with other people?
The rep asked me what I collected and I told him. He wanted to know if I would buy some other coins like that one and I told him to email what they have and I would be happy to look. At this point, remember I had just called to inquiry about the one coin.
The dealer emailed coins that were in the series I collect and outside. I reiterated that I was not interested in the coins outside. Again, later he tried to sell me on some coins simply because they had CC mint marks---but not in the series I collect.
Then he told me the coins he emailed were very rare and that they only had them in their inventory a couple of times over the last 15 years. The coins were common date coins in very good condition---very nice coins but not rare. I could buy the same coin in that grade every week for the next year. He finished his message with---which coins are you buying?
I politely told him that I really was looking for some of the rarer dates and not interested in high end common dates that were pricey. He then told me he would look out for those coins but when he found them they would probably only last for a few minutes---if that much.
As I said earlier, this dealer has some nice coins. And the owner/principal is very knowledgable--but I cant see myself ever buying a coin from this guy for the very reason that he claimed coins were very rare that quite frankly aren't and more importantly telling me I had a few minutes to decide the next time a coin came up. It made me sorry, I called and inquired about the one coin and then was polite and told the guy what I collected. They lost me as customer---does this stuff really work with other people?
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Comments
Same type of treatment. "Here's what I have, but you need to act fast....well, what DO you collect....etc."
After a moment or two of being polite...and that not working at all....I told him in no uncertain terms to NOT call me back, and I wasn't interested now, nor would I be interested in the future. Guess that worked, because he never called back.
It must work sometimes, or there wouldn't be people trying it!
I just get the impression that such tactics only work on the fringes of the collecting hobby. Novices, bullion buyers, or people looking for bargains. I doubt anyone who posts here would accept a sight-unseen coin, even if it was "rare".
just block them on your I phone.
Tom
One other thing he did that really rubbed me the wrong way. He called me three times on the same day. I did not respond since I was at the doctors. Later I emailed him back and he made some type of comment that next time I should take his call. Geez......
I think I might have told him to go **** himself.
In the end, I think most people make their decision based on the quality of the product, whether it be a coin, a suit, or a car, rather than the sales pitch. But I guess the hard sell works some times.
I bet the 'cold calling' is mostly effective with people who have early dementia or are of limited intellect, and it is cruel to take such advantage of these folks.
Nice Avatar CascadeChris
Thanks. It was done by a friend that goes by Messydesk here. Once I figure out how to post pics and .gifs I'll create a thread to show the coin off. Its an AMAZING morgan
Nice Avatar CascadeChris
Yes, very cool 'cartwheel'......