"Call for price."
ChrisRx
Posts: 5,619 ✭✭✭✭
I'd rather not.
Was just looking at a dealers inventory and some items had that dreadful "call for price," that really
puts me off.
Anyone in the same boat?
15
Comments
Whether a car or a coin, that's a deal killer for me. Kinda feels like the tactic used by hustlers offering free stuff when their true intent is to collect and sell your contact information.
Never bought a coin from anyone with a habit of using "POR". Often times the dealer doesn't own or have physical possession of the coin in question from my experience.
Latin American Collection
To me, it means that they don't want me to buy it, and they want so much for the coin that they are too embarrassed to list a price, but some sucker may call and want it at any price. The very few times that I called over the years to inquire, the prices wanted were way way over what they should have been.
Bob
If you can't afford the phone call, you can't afford the coin
To me POR usually indicates the seller feels compelled to explain why I should pay stupid money for a coin, and that a sale is unlikely at the price in the absence of an explanation because I'm supposedly too stupid to figure out any conceivable explanation for the coin's price. It's insulting.
I don't like playing games. Just tell me the price and show me good pics and I'll either play or pass.
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
That's just plain silly. I can afford the phone call but I just don't feel like wasting my time talking to the dealer's answering machine.
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
Fact: I never have call for a "POR".
I fully agree with Lava's interpretation above. If a dealer wants me to consider his coin he needs to show his cards up front.
Joseph J. Singleton - First Superintendent of the U.S. Branch Mint in Dahlonega Georgia
Findley Ridge Collection
About Findley Ridge
"Call For Price" equals "Let me see how much enthusiasm and money this guy has before I try to unload this on him."
I sense a general aversion to this particular approach to sales, LOL.
I simply pass..... Unnecessary hassle.... If I wanted conversation I would talk to my dog... He always agrees with me.
Cheers, RickO
they want your phone number to show up on their caller ID for a reason.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
I have called once for a coin that was POR. I got a machine and left detailed information on my interest on the coin and never heard back from the dealer. It was a big turn off. BTW, the coin is still apparently for sale on his site.
I kindda view this the same as I do an ebay auction with a reserve price. Just start it at the least you are willing to accept and quit paying the extra fees for a reserve auction. I don't even watch, much less bid on auctions with reserves nowadays!
I can think of some situations where I might advertise a coin as POR. For example, In the case of a very expensive coin, if my coin is one of several on the market, and I'm highly motivated to sell it, but I don't want to signal to the other sellers that I will sell cheaply, I might want to offer quietly and cheaply to a serious buyer. Or in another scenario, what if the coin belongs to a customer who insists on quoting too much? I wouldn't want to embarrass myself by advertising a ridiculous price. Better to make it POR, explain the situation to potential buyers, and solicit offers. Yes, I understand that POR deals require a little more effort for buyers. But for the right coin, if you're seriously interested, it's stupid not to make the inquiry.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Lol, Love it.!!
POR to me translates to over-priced. JMHO
Reminds me of the old cliché'..."if you have to ask...you can't afford it."
Most people will have an idea of what it a coin is worth, and if the seller has to resort to a POR, I won't even waste my time inquiring about it.
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I don't like the POR sales tactic either. However, in its defense, it does have the advantage of keeping the purchase prices for big-ticket items somewhat private. Perhaps a collector does not want the whole world to know what he/she paid for the item?
i tend to stay away from things like that. like it was said show some good picks and ill decide if ill call or not. jmo
I go with this one. It really says, "let me call the real owner and see if they have already sold the coin or maybe changed what they said it would cost ME."
But you have to pay extra if you start it over .99 cents
@basetsb_coins on Instagram
A lot if not most better coins go for a negotiated price anyway. So I'm back to the "I don't really own it" theory.
How would the whole world even know who purchased the coin? Even if the dealer listed an asking price, I would assume the buyer may have negotiated a better 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
I'm not disputing the "I don't really own it" theory. However, assuming the dealer has the coin in his/her possession, doesn't that just make the coin in question a consignment item?
Suppose the coin was listed on a website at $300k for a while, and I bought it. Then one can suppose that I did not pay more than $300k for it. I may not want prospective buyers to know that when I go to sell it five years later. It's even worse for me if they assume I paid less than $300k for it.
Not if you have a store and use the free auction listings(well not free but allocated) that come with your store.
I just move on to something else
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If you sell it five years later what you paid is ancient history and no longer relevant. Also, most expensive coins are sold at auction where the price history is readily available for everyone to see.
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
POR for me means "pass on, reject".
10-4,
My Instagram picturesErik
My registry sets
Call or don't.
Problem solved
Next..........
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Yes, and this is exactly why some dealers/collectors regrade their coins before placing them in an auction, even if they have no shot at an upgrade. They don't want the bidders to easily find previous auction prices.
Usually "POR" means that the price is going to be really high, or some people will get one price and others will get another price.
"Some pigs are more equal than other pigs."
I don't care for that, but I will play the game if I want the item bad enough.
Don't.
It's a turn off to me, too. I just pass along to the next item.
My YouTube Channel
I don't usually either but I have
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
No... it is the sucker who calls.... is an easy fish for the taking
I much prefer to browse ...ARCHIVES.... of what I missed.
I've never seen a P.O.R. coin that has compelled me to request the price, although that's mostly because I wouldn't be able to buy it, anyway. It has always struck me as an inefficient use of advertising dollars, so there is probably always a better reason behind it than, "if you have to ask, you can't afford it." A consignment that still needs to have pricing details ironed out, a coin still out for grading at the time of a press deadline (where a press deadline includes a deadline for having the web guy update your site for you for the week), and not wanting to telegraph huge price tags to competitors or potential bad guys come to mind as legitimate reasons for wanting to do this.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
I once saw a coin at a show that was PNOR. Priced not on request. I asked multiple times of the dealer and kept getting told it wasn't for me. They they told me it was priced at full retail. I told them I can full pay full retail. Then they said it was "retail - retail" w/o revealing a price. I moved on....forever. This was ironic since only 5 minutes earlier I sold them the exact same coin (a MS66 PCGS seated half for wholesale money) where mine was actually nicer than their NGC MS66. Go figure.
I don't mind this, but generally only entertain it for very rare items, similar to wondering if a collector will sell.
Reminds me of the discussions of marked prices at coin shows or not
I don't bother with it. Tell me what the price is and I'll tell you if I'm interested.
Everything is all right!
That and "pictures on request" always turn me away fast. There are too many other dealers that state their price up front and have decent pix of both sides of the coin to waste time playing games.
- Jim
I concur with most. Assuming I don't have a previous relationship with the dealer, if there isn't a posted price (or picture), I'm probably not going to engage.