Being too far apart can be really rough!
Broadstruck
Posts: 30,497 ✭✭✭✭✭
Being offered a partial trade I see as $500-800 retail max with the later price being a Christmas miracle.
Current owner feels it's worth $2.5-3K as such and such told him so.
Jaw drops, tail tucked under offended, back to the drawing board.,
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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Comments
On a deal like that you have to walk away just like you did...maybe after some time and discussions with others the current owner will come back to the bargaining table with a more reasonable viewpoint...
We'll see as not to kick the shins of such and such I mentioned it's best for him to try to sell this on his own and I could extend terms.
"Some Times the Best Deal
is the One You Don't Do"
FredWeinberg, As expected very wise advice and so true!
I just had 2 pieces of raw currency I was sent to make offers on. The owner felt they would grade significantly higher and obviously were much more valuable.
I returned the notes and they were sent in for grading.
The grades came back exactly as I said they would.
I was asked if I would increase my offer and I said no.
He shopped the notes around for a month-couldnt sell them- and then called me back and sold them.
@Broadstruck, too far apart is an understatement...not even the same solar system....Cheers, RickO
Tight buy/sell spreads are good for the hobby, as is fair and honest rationale for why someone is offering a certain amount, what numismatic material is really worth. Even CAC has pretty weak offers for coins they don't need, like a smart poker/chess player you don't make moves you regret.
When two parties are that far apart it can be better to not discuss the actual difference in perceived value so as to not offend anyone. It can work better by just telling someone that you are too far apart and end the discussion there.
In honor of the memory of Cpl. Michael E. Thompson
Amen!
Missing the "rough" part. Seems like it was very civil. We cannot always have a meeting of the minds.
At least he sold them to you. I have seen sellers who were either too embarrassed or too arrogant to make such a sale. Good for you.
Tom
Been there...just have to walk away.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
At an automobile swap meet, I will look at literally hundreds of parts to buy. Some I buy at the asking price, some a negotiate some, and some, after hearing the asking price, I just say thanks, and move on. Often, I get, "if it's too high, make an offer" If it a $300 item, and they are asking $1800, no need to negotiate, a deal is not going to be made, so why waste time and someone gets riled up over a non event.
I saw a guy for maybe 10+ years trying to sell, IIRC, a 1972 Plymouth station wagon rear quarter panel, in the factory wrap, over 6' long. There are probably 2 of those cars left on the road, and apparently neither of them needed a quarter panel. But he was asking moon money for it, and so year after year, it was in the same spot. If made a good reference point in a several hundred acre outdoor event.
I wouldn't know. Most deals have such thin margins..., I get cut in; then up.
``https://ebay.us/m/KxolR5
I had a chance to upgrade one of my early gold type coins. I was willing to trade my coin plus $10,000. The dealer who had the piece I liked wanted $20,000 boot. The trouble his coin was rarer than than mine, and that accounted for much of the difference. As a type collector, I didn't really care about the variety, so that ended the discussion. I would have budged a little from the $10,000, but another $10 grand left the deal not working for me.
As much as you don't want to, sometimes you just have a deal on the table.