Home U.S. Coin Forum

BST etiquette question.

sparky64sparky64 Posts: 7,053 ✭✭✭✭✭
What's the consensus on the "PM sent" bump?



Does it hurt your position in the interested line if you don't respond with a "PM sent"?

"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

My Washington Quarter Registry set...in progress

Comments

  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Just lets the seller know your interested if something goes haywire in the PM system.
  • pcgs69pcgs69 Posts: 4,378 ✭✭✭✭
    As long as you post once per day, I consider it a bonus when someone else posts a message in a BST thread.
  • PerryHallPerryHall Posts: 47,093 ✭✭✭✭✭
    Originally posted by: LindeDad

    Just lets the seller know your interested if something goes haywire in the PM system.




    Agree. It just let's the seller know to check his PM's. It may have already been sold and the seller didn't get a chance to add "SOLD" or "PENDING" to his listing or the PM may be an offer that is rejected by the seller.

    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

  • coindeucecoindeuce Posts: 13,501 ✭✭✭✭✭
    I would consider it to be the choice of a seller as to the criteria set for establishing a timeline, aside from the established credibility of the seller in the case where several respondents show serious interest in purchasing an item. If a seller was challenged to show a timeline for receipt of committed responses, I would expect that a seller would only share that info by PM to the challenger, as long as it doesn't compromise the privacy of a competitor.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • SwampboySwampboy Posts: 13,168 ✭✭✭✭✭
    Does it hurt your position in the interested line if you don't respond with a "PM sent"?




    I wouldn't think that would matter to a seller at all.

    It wouldn't to me.





    "PM Sent" can help let everyone know there is someone already interested in the item and is a courtesy to the seller in my estimation since it affords him a bump within the rules.



    "Inspiration exists, but it has to find you working" Pablo Picasso

  • WeissWeiss Posts: 9,942 ✭✭✭✭✭
    I'd much rather potential buyers PM me than bump--especially when the potential buyer offers substantially less than my ask price.

    If someone with a very low bid posts a "PM Sent", then other buyers--including those willing to pay ask, will likely not make an offer.

    If we follow the one bump per day standard, we as sellers can't make the obligatory "still available" post until the next day at the earliest.

    When I sell stuff, I'm often on the clock and hope to move things very quickly. And I usually price to reflect that. Getting a low bid on an already reduced price and being unable to clarify the item is still available for 24 hours hurts.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • sparky64sparky64 Posts: 7,053 ✭✭✭✭✭
    I've never received multiple PM's at once.

    Not sure what kind of order they show up as or if it's easily discernible time sent wise.



    I know most take the one bump per day seriously.



    If I was selling, an occasional PM sent wouldn't bother me as much as silly back and forth conversations that could be done by PM.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • PerryHallPerryHall Posts: 47,093 ✭✭✭✭✭
    Originally posted by: Weiss

    I'd much rather potential buyers PM me than bump--especially when the potential buyer offers substantially less than my ask price.



    If someone with a very low bid posts a "PM Sent", then other buyers--including those willing to pay ask, will likely not make an offer.



    If we follow the one bump per day standard, we as sellers can't make the obligatory "still available" post until the next day at the earliest.



    When I sell stuff, I'm often on the clock and hope to move things very quickly. And I usually price to reflect that. Getting a low bid on an already reduced price and being unable to clarify the item is still available for 24 hours hurts.




    Why not just edit your post rather than bump your offering? You can just add "Edited to add that it's still available." Most of us here realize that "PM sent" isn't the same as a commitment to buy at the seller's ask price.

    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

  • BAJJERFANBAJJERFAN Posts: 31,475 ✭✭✭✭✭
    Originally posted by: coindeuce

    I would consider it to be the choice of a seller as to the criteria set for establishing a timeline, aside from the established credibility of the seller in the case where several respondents show serious interest in purchasing an item. If a seller was challenged to show a timeline for receipt of committed responses, I would expect that a seller would only share that info by PM to the challenger, as long as it doesn't compromise the privacy of a competitor.




    This! Not only shows interest, but establishes first come priority.
    theknowitalltroll;
  • BAJJERFANBAJJERFAN Posts: 31,475 ✭✭✭✭✭
    Originally posted by: sparky64

    I've never received multiple PM's at once.

    Not sure what kind of order they show up as or if it's easily discernible time sent wise.



    I know most take the one bump per day seriously.



    If I was selling, an occasional PM sent wouldn't bother me as much as silly back and forth conversations that could be done by PM.




    Try selling ASEs at face value and see how many PMs NPI you get!image
    theknowitalltroll;
  • WeissWeiss Posts: 9,942 ✭✭✭✭✭
    Originally posted by: PerryHall
    Originally posted by: Weiss
    I'd much rather potential buyers PM me than bump--especially when the potential buyer offers substantially less than my ask price.

    If someone with a very low bid posts a "PM Sent", then other buyers--including those willing to pay ask, will likely not make an offer.

    If we follow the one bump per day standard, we as sellers can't make the obligatory "still available" post until the next day at the earliest.

    When I sell stuff, I'm often on the clock and hope to move things very quickly. And I usually price to reflect that. Getting a low bid on an already reduced price and being unable to clarify the item is still available for 24 hours hurts.


    Why not just edit your post rather than bump your offering? You can just add "Edited to add that it's still available." Most of us here realize that "PM sent" isn't the same as a commitment to buy at the seller's ask price.




    There's a reason realtors use a "sale pending" sign on their lawn signs. A "PM Sent" is the equivalent to a "sale pending" sign to many buyers, if not most.

    Adding "still available" to a post after a lowball "PM Sent" post is a pretty weak way to get your message out. It can't be seen unless a potential buyer opens the initial post, which many are unlikely to do if they assume a piece is sold due to a "PM Sent" post. Even if you add it to the "Topic Summary" second line of the BST posts, it can be unclear as to which post it refers.

    Muddy waters don't make for clean, fast sales. My preference as a seller is to receive PMs rather than "PM Sent" posts.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    I always thought of it as urinating on the thread, like a dog marks a lawn. The message to the other potential buyers is back off.
  • MarkMark Posts: 3,602 ✭✭✭✭✭
    pm sent to RYK.
    Mark


  • PerryHallPerryHall Posts: 47,093 ✭✭✭✭✭
    Originally posted by: Mark

    pm sent to RYK.




    image

    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

  • BarndogBarndog Posts: 20,520 ✭✭✭✭✭
    Originally posted by: Weiss





    There's a reason realtors use a "sale pending" sign on their lawn signs. A "PM Sent" is the equivalent to a "sale pending" sign to many buyers, if not most.



    Adding "still available" to a post after a lowball "PM Sent" post is a pretty weak way to get your message out. It can't be seen unless a potential buyer opens the initial post, which many are unlikely to do if they assume a piece is sold due to a "PM Sent" post. Even if you add it to the "Topic Summary" second line of the BST posts, it can be unclear as to which post it refers.



    Muddy waters don't make for clean, fast sales. My preference as a seller is to receive PMs rather than "PM Sent" posts.





    we never put up a "sale pending" sign. Such a sign says, "please don't call me to inquire about this property or any other property that I might be able to sell to you"



    Leave the sign up until closing. Free advertising



    Applies here too.
  • TomBTomB Posts: 22,391 ✭✭✭✭✭
    In my opinion it should be irrelevant to the seller. However, some might view "PM sent" to be the same as a dog marking a tree as its territory.
    Thomas Bush Numismatics & Numismatic Photography

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

    image
  • coindeucecoindeuce Posts: 13,501 ✭✭✭✭✭
    I've acted in both ways in the past. Usually the "PM sent" was intended to "mark territory", but that doesn't necessarily assure one that someone else hasn't already acted more aggressively on an offer. In that respect, I've usually gotten a quick response from a seller on the status of my PM. I've more recently shifted away from announcing a PM sent in a seller's post for the sake of maintaining confidentiality of my areas of interest. And it usually gets the same courtesy of a prompt reply. And inserting a "PM sent" in an existing thread could even backfire by moving a super deal back into the limelight after having slipped a few pages back in the cue by oversight or a quicker than usual accumulation of new threads. image

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file