If the dealer is in the green on the item he may move the item to get cash flow if the offer is a good one. Who knows when another opportunity to sell it will come along.
A dealer with a store is going to be tougher. He may discount it 10 oct at a show to move it but that’s it. A wholesaler you pay what he wants or u get lost.
The coin business is tough and achieving positive p&l can be a challenge. You don’t want to give away your best material. Beware of the guy trying to haggle with u the line “well your competetion has it for less.” Most likely he is full of it and that competitors coin is inferior to yours.
At shows have many items the only one in the room. Those unlikely will discount.
From my perspective I couldn’t care less what a dealer paid for a coin. If dealer bought the coin on the cheap dealer isn’t going to sell the coin to me on the cheap. If dealer overpaid I’m not going to overpay because he overpaid.
I don’t like haggling. When I’m at a show and a dealer is offering a coin at a very high price I thank him and move along. If a dealer is asking $2000 for a hypothetical $1000 coin offering him $800 and hopefully compromising at $1000 is pointless.
Yes there or sellers at unrealistic prices. But that is simply the background radiation. Additionally there are people who will not pay the money (they are looking for a steal, bargain). Others simply broke.
@Cougar1978 said:
Yes there or sellers at unrealistic prices. But that is simply the background radiation. Additionally there are people who will not pay the money (they are looking for a steal, bargain). Others simply broke.
And there are dealers that think their stuff deserves a "keystone markup". Avoid these idiots.
Seated Half Society member #38
"She comes out of the sun in a silk dress, running like a water color in the rain...."
@Cougar1978 said:
Yes there or sellers at unrealistic prices. But that is simply the background radiation. Additionally there are people who will not pay the money (they are looking for a steal, bargain). Others simply broke.
And there are dealers that think their stuff deserves a "keystone markup". Avoid these idiots.
I’ve even heard dealers say that about other dealers….phrases like “he’s mighty proud of his coins”, or “he’s running a museum, lots of people looking but he’s not selling anything”. This seems to happen more (from my experience), with the smaller part time dealers who either have day jobs or good pensions, etc, and don’t need or care about cash flow.
@Cougar1978 said:
Yes there or sellers at unrealistic prices. But that is simply the background radiation. Additionally there are people who will not pay the money (they are looking for a steal, bargain). Others simply broke.
And there are dealers that think their stuff deserves a "keystone markup". Avoid these idiots.
I’ve even heard dealers say that about other dealers….phrases like “he’s mighty proud of his coins”, or “he’s running a museum, lots of people looking but he’s not selling anything”. This seems to happen more (from my experience), with the smaller part time dealers who either have day jobs or good pensions, etc, and don’t need or care about cash flow.
Yep.
There’s a monthly coin show I occasionally attend in So. Ca. and most of the so called “dealers” are trying to keep themselves busy and hopefully make a few dollars. I see the same overpriced coins with a new layer of dust every time I’m there.
Lol. Well maybe many holding some their material back for when the mkt spikes but will take a good retail sale.
Many shows might move stuff early discounted some. But later ratchet it up. Main goal get cash flow, sales but don’t give it away.
Yes - The small dealer can compete with the big guns. What it takes - Better date coins, specializing in a certain area, scarce low pop world issues. Stuff the big gun dealers might not have. A friend Mike specialized in Peace Dollars (sold at fair price CW trends, at that time). Another guy in Irish coins, Ted added currency (very profitable) onto his picture they did well. Currency an area one can get 50-100 pct markup. Mexico coins are popular the 1oz silver Libertads in strong demand many banked bigtime awhile ago on them when silver spiked up to $140.
As far as those who won’t pay the money many of them they don’t have the money anyway. Everybody knows 5c on the dollar does not cut it in the coin business. Work your angle - Don’t let tire kickers or some know it all talk you down. Many of them don’t know how to price coins anyway or just fishing to get a rip.
Just my view,and related to my feeling.
Any amount of haggling that results in bad feelings between a buyer/seller is not worth it. Either side may burn the bridges for a future positive deal. Either side could present an item beneficial to one's side in the future.
Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
I'm mainly a buyer at shows and not qualified to answer the question yet find this thread to be very informative and educational. As a buyer I don't haggle, so either I buy at the price listed, or if I'm feeling a bit less motivated I will ask them if they can do any better. That's the extent of my haggling. I've bought from, and sold or traded occasionally with certain dealers for years and always go back to the ones that were polite and professional.
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
Using a coupon is second degree price discrimination and it’s substitution when you go with a store brand over a name brand.
This reminds me I need to haggle, as I rarely have in past. At a local shop, I've been a loyal customer, rarely counter offer. If sort of feels like this young shop owner is "fishing" when I ask for prices. I saw some guys of the same age "sent" by someone else recommended who cleaned him out at fire sale prices. One guy came in, saw a box of those state panels with coins and stamps that have good demand. The shop guy said 2x, then 1.5x face value, the guy walked. I bought a bunch of stuff for resale, then later scrutinized the stuff with some regrets.
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
All comments reflect the opinion of the author, even when irrefutably accurate.
@MorganFanatic said:
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
Nahhhh, that's not negotiating, it's different products priced at different points. It's like a dealer having generic slabbed BU Morgans in his case at one price and ungraded BU "pickem" dollars in a bin at a different price in another case.
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
This is the point. I didn't object to counteroffering on the occasional price. But the idea that you NEVER pay the ask price is ridiculous.
If I'm selling Morgan dollars for a fixed $35 and you refuse to pay out of some silly principle, you're going to miss out on the deal. He seemingly would rather negotiate a $50 ask siren to $45 than pay the $40 ask on the same item.
And what's so funny is THAT WORKS! It's retail sale psychology. It's easier to sell an item for $50 with 10% off than to sell the same item for $45 or even $40.
All comments reflect the opinion of the author, even when irrefutably accurate.
@jmlanzaf said:
But the idea that you NEVER pay the ask price is ridiculous.
Somebody who never pays the asking price missed out on a $100+ silver lot I had listed on eBay for less than half melt. They offered less, I noticed my pricing error and fixed it. And no, you can't have it for the original price now.
@jmlanzaf said:
But the idea that you NEVER pay the ask price is ridiculous.
Somebody who never pays the asking price missed out on a $100+ silver lot I had listed on eBay for less than half melt. They offered less, I noticed my pricing error and fixed it. And no, you can't have it for the original price now.
Ok, he can’t have it the original price, but may I ?😃
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@jmlanzaf said:
But the idea that you NEVER pay the ask price is ridiculous.
Somebody who never pays the asking price missed out on a $100+ silver lot I had listed on eBay for less than half melt. They offered less, I noticed my pricing error and fixed it. And no, you can't have it for the original price now.
Over the winter, I was screwing around with old inventory on eBay. I had a comic that hasn't sold in over a year at $199. I marked it $249 and started offering everyone 20% off. It sold in 2 weeks at $199.
And we've discussed the "free shipping" before. I add $5 to the price and offer ftee shipping and I get thanked for the free shipping. When I charge $5 shipping, I get complaints about the "high cost of shipping".
All comments reflect the opinion of the author, even when irrefutably accurate.
@jmlanzaf said:
But the idea that you NEVER pay the ask price is ridiculous.
Somebody who never pays the asking price missed out on a $100+ silver lot I had listed on eBay for less than half melt. They offered less, I noticed my pricing error and fixed it. And no, you can't have it for the original price now.
Ok, he can’t have it the original price, but may I ?😃
As King of the forum, I think you can just tax us.
All comments reflect the opinion of the author, even when irrefutably accurate.
@jmlanzaf said:
When I charge $5 shipping, I get complaints about the "high cost of shipping".
I don't charge for shipping, either. Well, to be accurate, I don't include a separate charge for it, but anyway- I got a message the other day saying the shipping cost seemed excessive. I was puzzled for a minute but then it occurred to me that perhaps the buyer was located outside the US and was seeing the eBay International shipping charge. I asked him and he was, in fact located in Canada. I explained that the shipping charge was applied by eBay and that it was not something I could adjust or control. He still asked me if I would lower it.
When I bought one of the last premium gem coins needed for my Walker short set; I knew that the seller had won it on Heritage and exactly what he paid for it, as I was watching the coin, myself. He then proceeded to price it to the moon!🌙 I negotiated with him but he only came down a little bit. I really wanted the coin, so I bit the bullet and purchased it. After we had already agreed upon a price, he had the nerve to contact me later to tell me that he neglected to include shipping. It really made me mad. I was ready to blow up the deal but decided to purchase it, anyway. I wasn’t gonna let another $5 or $10 get in the way but I thought that was extremely tacky. 😡 I never dealt with him again… And I’m still underwater on that coin. One of only a handful in my collection…
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
@Walkerfan said:
When I bought one of the last premium gem coins needed for my Walker short set; I knew that the seller had won it on Heritage and exactly what he paid for it, as I was watching the coin, myself. He then proceeded to price it to the moon!🌙 I negotiated with him but he only came down a little bit.
It sounds like he knew what it was worth.
edited to add... and by "what it was worth", I mean at that particular point in time and place. There is no reason that value must be the same under different circumstances.
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
You do realize that there are costs associated with a show also. Depending on travel and hotel, the added cost of the show might be well more than the eBay fees.
All comments reflect the opinion of the author, even when irrefutably accurate.
@MorganFanatic said:
There is nothing in this world thats worth Full Boat
Not even a silver lot priced at less than half of melt?
Last show I attended, one of the dealers I bought from didn't do discounts. Everything was priced as marked. I bought a dozen or so coins, sold every one of them for a profit. I'd say those coins were worth "full boat", both to him and to me.
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
I haven’t seen where a lot of dealers on here are offended “by the mere thought of someone offering a price lower than what they are asking”. In fact, I think the majority of them expect and accept it as part of doing business.
I and many others disagree with your statement that “there is nothing in this world that is worth Full Boat”. That is, unless you use the term “Full Boat” to mean something higher than the full asking price. Countless items in this world are worth their full asking price or more, regardless of whether I, you or someone else is aware of it.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
I haven’t seen where a lot of dealers on here are offended “by the mere thought of someone offering a price lower than what they are asking”. In fact, I think the majority of them expect and accept it as part of doing business.
I and many others disagree with your statement that “there is nothing in this world that is worth Full Boat”. That is, unless you use the term “Full Boat” to mean something higher than the full asking price. Countless items in this world are worth their full asking price or more, regardless of whether I, you or someone else is aware of it.
And numerous things aren't worth 10-20% less than "full boat", which is why his global pronouncement was silly.
All comments reflect the opinion of the author, even when irrefutably accurate.
As a business man I consider hagglers a negative element. I am not a car place and a food store would show them the door.
However I realize the bourse can be fun and games. Learn to just tell them it’s already at your best price etc. unless your somebody pricing that item ahead so get haggle room. Example $100 cost $150 (50 pct markup). But ask $200 (haggler room). They want play game I can play too, fun.
Some shows very weak - people coming in have little money. In that arena I might have to let something go if still in the green after negotiin. A good junk box stuff priced at cost plus can help if you want to play that. I think Jimmy does his junkbox (stuff under $50)cost plus, good markup. It’s just all fun and games. If you can design your junk box pricing good as the junk box profit can pay your expenses. I might give them some if rounding down say $5.40 to $5.00.
Unless Junk box I don’t usually put prices on stuff bc prices constantly changing. My mood may vary between not giving an inch or perhaps knock off some if needed from negotiation.
Please remember that not everybody is aware of some unique coins actual market value or worth. A simple bullion coin, probably like the $2,000 melt Double Eagle that Captain referenced, they probably know about. But other coins with big numismatic premiums....they might miss why it's priced where it is.
Sometimes a person might not legitimately know that a coin has some scarcity or unique pedigree (label, OGH, etc.) that ups the price.
Simply explaining to such a person why a coin is priced "high" might educate them. I know it's happened to me in the past -- it's how I learned from some dealers.
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
I haven’t seen where a lot of dealers on here are offended “by the mere thought of someone offering a price lower than what they are asking”. In fact, I think the majority of them expect and accept it as part of doing business.
I and many others disagree with your statement that “there is nothing in this world that is worth Full Boat”. That is, unless you use the term “Full Boat” to mean something higher than the full asking price. Countless items in this world are worth their full asking price or more, regardless of whether I, you or someone else is aware of it.
Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price. NOTHING.
There is always room for negotiating, and i will find those willing to negotiate. Like i have said several times in this threat and I thnik it bears it bears repeating: Those who do pay full price have more money than sense.
@Cougar1978 said:
As a business man I consider hagglers a negative element. I am not a car place and a food store would show them the door. ................
This shows us you are dealing from a weak standpoint
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
I haven’t seen where a lot of dealers on here are offended “by the mere thought of someone offering a price lower than what they are asking”. In fact, I think the majority of them expect and accept it as part of doing business.
I and many others disagree with your statement that “there is nothing in this world that is worth Full Boat”. That is, unless you use the term “Full Boat” to mean something higher than the full asking price. Countless items in this world are worth their full asking price or more, regardless of whether I, you or someone else is aware of it.
Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price. NOTHING.
There is always room for negotiating, and i will find those willing to negotiate. Like i have said several times in this threat and I thnik it bears it bears repeating: Those who do pay full price have more money than sense.
How do you define “full boat” asking price? If you use the term synonymously with a non-discounted asking price, your absolute, all encompassing assertions don’t make sense. If you use it to mean something else, the rest of us don’t know what it represents.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@MorganFanatic said:
Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price. NOTHING.
Not even silver at less than half of spot?
you are making things up now lol
I guess if the best you can do is create some imaginary fantasy to somehow make a point i will indulge you with a chuckle
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
I haven’t seen where a lot of dealers on here are offended “by the mere thought of someone offering a price lower than what they are asking”. In fact, I think the majority of them expect and accept it as part of doing business.
I and many others disagree with your statement that “there is nothing in this world that is worth Full Boat”. That is, unless you use the term “Full Boat” to mean something higher than the full asking price. Countless items in this world are worth their full asking price or more, regardless of whether I, you or someone else is aware of it.
Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price. NOTHING.
There is always room for negotiating, and i will find those willing to negotiate. Like i have said several times in this threat and I thnik it bears it bears repeating: Those who do pay full price have more money than sense.
How do you define “full boat” asking price? If you use the term synonymously with a non-discounted asking price, your absolute, all encompassing assertions don’t make sense. If you use it to mean something else, the rest of us don’t know what it represents.
I have been very clear on what Full Boat is,but since i'm in an exceptionally good mood for you I will repeat it: Its a term used to indicate full asking price.
I guess I will have to explain that in life i NEVER pay full asking price for something an individual is selling,and have nothing but laughter at those who either are scared to negotiate, or are afraid of " offending" someone by offering a lower price or asking fora discount.
For those who sell items and get " offended" by someone wanting to negotiate thats a sign of weakness. The reason i say this is because When one lets one's emotions dictate business dealings that individual is clearly not in control and is a weak person
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
I haven’t seen where a lot of dealers on here are offended “by the mere thought of someone offering a price lower than what they are asking”. In fact, I think the majority of them expect and accept it as part of doing business.
I and many others disagree with your statement that “there is nothing in this world that is worth Full Boat”. That is, unless you use the term “Full Boat” to mean something higher than the full asking price. Countless items in this world are worth their full asking price or more, regardless of whether I, you or someone else is aware of it.
Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price. NOTHING.
There is always room for negotiating, and i will find those willing to negotiate. Like i have said several times in this threat and I thnik it bears it bears repeating: Those who do pay full price have more money than sense.
How do you define “full boat” asking price? If you use the term synonymously with a non-discounted asking price, your absolute, all encompassing assertions don’t make sense. If you use it to mean something else, the rest of us don’t know what it represents.
I have been very clear on what Full Boat is,but since i'm in an exceptionally good mood for you I will repeat it: Its a term used to indicate full asking price.
I guess I will have to explain that in life i NEVER pay full asking price for something an individual is selling,and have nothing but laughter at those who either are scared to negotiate, or are afraid of " offending" someone by offering a lower price or asking fora discount.
For those who sell items and get " offended" by someone wanting to negotiate thats a sign of weakness. The reason i say this is because When one lets one's emotions dictate business dealings that individual is clearly not in control and is a weak person
You sound like a hall of fame level exasperating person. What an absolutely exhausting way of going through the world.
@MorganFanatic said:
Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price. NOTHING.
Not even silver at less than half of spot?
you are making things up now lol
I guess if the best you can do is create some imaginary fantasy to somehow make a point i will indulge you with a chuckle
It's not imaginary. I had a silver lot listed on eBay for less than half of spot. Had you hit the BIN button, you would have gotten the silver at that price.
This is not the first time I've had silver for sale below spot. Fortunately for me, most people are too "thrifty" to just BIN and attempt to get an even lower price, allowing me to make adjustments.
Just to be clear- I applaud the negotiators who are smart enough to not pay "full boat".
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
I haven’t seen where a lot of dealers on here are offended “by the mere thought of someone offering a price lower than what they are asking”. In fact, I think the majority of them expect and accept it as part of doing business.
I and many others disagree with your statement that “there is nothing in this world that is worth Full Boat”. That is, unless you use the term “Full Boat” to mean something higher than the full asking price. Countless items in this world are worth their full asking price or more, regardless of whether I, you or someone else is aware of it.
Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price. NOTHING.
There is always room for negotiating, and i will find those willing to negotiate. Like i have said several times in this threat and I thnik it bears it bears repeating: Those who do pay full price have more money than sense.
How do you define “full boat” asking price? If you use the term synonymously with a non-discounted asking price, your absolute, all encompassing assertions don’t make sense. If you use it to mean something else, the rest of us don’t know what it represents.
I have been very clear on what Full Boat is,but since i'm in an exceptionally good mood for you I will repeat it: Its a term used to indicate full asking price.
I guess I will have to explain that in life i NEVER pay full asking price for something an individual is selling,and have nothing but laughter at those who either are scared to negotiate, or are afraid of " offending" someone by offering a lower price or asking fora discount.
For those who sell items and get " offended" by someone wanting to negotiate thats a sign of weakness. The reason i say this is because When one lets one's emotions dictate business dealings that individual is clearly not in control and is a weak person
Many buyers don’t make counteroffers when the quoted price is dirt cheap or extremely fair. That doesn’t mean, as you put it, that they’re scared to negotiate or afraid of offending someone. It usually indicates that they don’t have a need to squeeze as much as possible out of the seller. And that they’re content with a transaction which is fair to both parties. Additionally, some of those buyers are rewarded by sellers for such behavior by getting early or first opportunity on new inventory and discounted prices, without having to ask.
On the other hand, those who habitually make counteroffers (even when the quoted price is unquestionably fair, if not cheap) make lasting impressions on sellers. The sellers quickly learn to Jack up their prices in preparation for the expected counteroffers. They also tend to save their better coins for customers that they feel are more reasonable and easier to work with.
Edited to add:
You stated “Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price”. That would mean that according to you, an item priced at $10 by a clueless seller at a garage sale, that’s worth hundreds or thousands of dollars - even to lowball buyers - isn’t worth the $10 asking price. Perhaps you should familiarize yourself with the meaning of the words “nothing” and “worth”.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@MorganFanatic said:
I go to a lot of shows and never ever pay asking price. I collect Morgan Dollars so there are always many dealers to choose from. I usually offer 85-90 % of asking price and if the offer is declined i move on,no harm no foul.
I find i have the best luck with my offers late in the day,on the last day of the show
Good to know. If I raise my prices by 20%, I'll accept your offer and you'll happily pay more than my asking price.
Good to know! If your prices are 20% higher than the other tables i'll wish you well and i'll hope you will enjoy keeping them.
Like i said I collect Morgan Dollars which are very plentiful and if you dont want to sell i'll find someone who does. I encounter dealers with your attitude every so often,and i am happy to keep my cash in my pocket .
People that pay full asking price for ANYTHING have more money than sense
Lmao. I went to the grocery store. I couldn't buy anything. They wouldn't negotiate.
There is no law or even reason for me to price my coins at one cent now than I want for them. That also means "full asking price" would be the only price. Your ASSUMING that all asking prices are intended as the opening offer in a negotiation. That need not be true.
People who think EVERYTHING is open to negotiation have less sense than money.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
I haven’t seen where a lot of dealers on here are offended “by the mere thought of someone offering a price lower than what they are asking”. In fact, I think the majority of them expect and accept it as part of doing business.
I and many others disagree with your statement that “there is nothing in this world that is worth Full Boat”. That is, unless you use the term “Full Boat” to mean something higher than the full asking price. Countless items in this world are worth their full asking price or more, regardless of whether I, you or someone else is aware of it.
Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price. NOTHING.
There is always room for negotiating, and i will find those willing to negotiate. Like i have said several times in this threat and I thnik it bears it bears repeating: Those who do pay full price have more money than sense.
How do you define “full boat” asking price? If you use the term synonymously with a non-discounted asking price, your absolute, all encompassing assertions don’t make sense. If you use it to mean something else, the rest of us don’t know what it represents.
I have been very clear on what Full Boat is,but since i'm in an exceptionally good mood for you I will repeat it: Its a term used to indicate full asking price.
I guess I will have to explain that in life i NEVER pay full asking price for something an individual is selling,and have nothing but laughter at those who either are scared to negotiate, or are afraid of " offending" someone by offering a lower price or asking fora discount.
For those who sell items and get " offended" by someone wanting to negotiate thats a sign of weakness. The reason i say this is because When one lets one's emotions dictate business dealings that individual is clearly not in control and is a weak person
Many buyers don’t make counteroffers when the quoted price is dirt cheap or extremely fair. That doesn’t mean, as you put it, that they’re scared to negotiate or afraid of offending someone. It usually indicates that they don’t have a need to squeeze as much as possible out of the seller. And that they’re content with a transaction which is fair to both parties. Additionally, some of those buyers are rewarded by sellers for such behavior by getting early or first opportunity on new inventory and discounted prices, without having to ask.
On the other hand, those who habitually make counteroffers (even when the quoted price is unquestionably fair, if not cheap) make lasting impressions on sellers. The sellers quickly learn to Jack up their prices in preparation for the expected counteroffers. They also tend to save their better coins for customers that they feel are more reasonable and easier to work with.
Well said.
"Nothing in this world...is worth full boat asking price." It is ludicrous and obviously incorrect as stated. It would be more accurate for him to say, "Every price is worth negotiating, no matter how fair. " It's not about actual value, it's a game.
All comments reflect the opinion of the author, even when irrefutably accurate.
@MFeld said:
Many buyers don’t make counteroffers when the quoted price is dirt cheap or extremely fair. That doesn’t mean, as you put it, that they’re scared to negotiate or afraid of offending someone. It usually indicates that they don’t have a need to squeeze as much as possible out of the seller. And that they’re content with a transaction which is fair to both parties. Additionally, some of those buyers are rewarded by sellers for such behavior by getting early or first opportunity on new inventory and discounted prices, without having to ask.
There was a dealer I used to buy a lot from at Long Beach. Going through boxes one trip, I noticed that an overdate had been overlooked and priced as a normal variety. I let him know about it and said I'd still like to buy it and could he give me a price (probably a $150-$200 difference). He told me I could have it at the marked price. He normally gave me a discount on my purchases, on this coin I said that wasn't necessary.
Since that time, he's offered me pricing on coins that have saved me thousands of dollars. Would I have gotten the same pricing if I hadn't insisted on no discount for the overdate? I don't know.
@MFeld said:
Many buyers don’t make counteroffers when the quoted price is dirt cheap or extremely fair. That doesn’t mean, as you put it, that they’re scared to negotiate or afraid of offending someone. It usually indicates that they don’t have a need to squeeze as much as possible out of the seller. And that they’re content with a transaction which is fair to both parties. Additionally, some of those buyers are rewarded by sellers for such behavior by getting early or first opportunity on new inventory and discounted prices, without having to ask.
There was a dealer I used to buy a lot from at Long Beach. Going through boxes one trip, I noticed that an overdate had been overlooked and priced as a normal variety. I let him know about it and said I'd still like to buy it and could he give me a price (probably a $150-$200 difference). He told me I could have it at the marked price. He normally gave me a discount on my purchases, on this coin I said that wasn't necessary.
Since that time, he's offered me pricing on coins that have saved me thousands of dollars. Would I have gotten the same pricing if I hadn't insisted on no discount for the overdate? I don't know.
I'm told that means you have more money than sense
All comments reflect the opinion of the author, even when irrefutably accurate.
@MFeld said:
Many buyers don’t make counteroffers when the quoted price is dirt cheap or extremely fair. That doesn’t mean, as you put it, that they’re scared to negotiate or afraid of offending someone. It usually indicates that they don’t have a need to squeeze as much as possible out of the seller. And that they’re content with a transaction which is fair to both parties. Additionally, some of those buyers are rewarded by sellers for such behavior by getting early or first opportunity on new inventory and discounted prices, without having to ask.
There was a dealer I used to buy a lot from at Long Beach. Going through boxes one trip, I noticed that an overdate had been overlooked and priced as a normal variety. I let him know about it and said I'd still like to buy it and could he give me a price (probably a $150-$200 difference). He told me I could have it at the marked price. He normally gave me a discount on my purchases, on this coin I said that wasn't necessary.
Since that time, he's offered me pricing on coins that have saved me thousands of dollars. Would I have gotten the same pricing if I hadn't insisted on no discount for the overdate? I don't know.
I'm told that means you have more money than sense
@MFeld said:
Many buyers don’t make counteroffers when the quoted price is dirt cheap or extremely fair. That doesn’t mean, as you put it, that they’re scared to negotiate or afraid of offending someone. It usually indicates that they don’t have a need to squeeze as much as possible out of the seller. And that they’re content with a transaction which is fair to both parties. Additionally, some of those buyers are rewarded by sellers for such behavior by getting early or first opportunity on new inventory and discounted prices, without having to ask.
There was a dealer I used to buy a lot from at Long Beach. Going through boxes one trip, I noticed that an overdate had been overlooked and priced as a normal variety. I let him know about it and said I'd still like to buy it and could he give me a price (probably a $150-$200 difference). He told me I could have it at the marked price. He normally gave me a discount on my purchases, on this coin I said that wasn't necessary.
Since that time, he's offered me pricing on coins that have saved me thousands of dollars. Would I have gotten the same pricing if I hadn't insisted on no discount for the overdate? I don't know.
I'm told that means you have more money than sense
And I’ve been told that he’s scared to negotiate or afraid of offending someone. And that someone has nothing but laughter at that.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@MasonG said:
There was a dealer I used to buy a lot from at Long Beach. Going through boxes one trip, I noticed that an overdate had been overlooked and priced as a normal variety. I let him know about it and said I'd still like to buy it and could he give me a price (probably a $150-$200 difference). He told me I could have it at the marked price. He normally gave me a discount on my purchases, on this coin I said that wasn't necessary.
Since that time, he's offered me pricing on coins that have saved me thousands of dollars. Would I have gotten the same pricing if I hadn't insisted on no discount for the overdate? I don't know.
I'm told that means you have more money than sense
Well, that depends.
I learned something from that dealer when talking to him about his business. He sold world coins exclusively, no shop- everything through his website and collector contacts. There was another dealer nearby with a shop who dealt in US coins only. Occasionally, the US guy would call him up and tell him he had a box of world coins he'd accumulated in various deals. The world coin guy would price them and make an offer, with the goal being to buy the entire lot even if there wasn't much of interest. I asked him why he'd buy coins he didn't really want and he told me the US guy sometimes did have really nice stuff for sale and he didn't want him even thinking about looking for another buyer.
For my eBay store, I buy from the local coin shop now and then (world coins only, no US) and try to use this approach (make the deal if at all possible) when he calls me about something he gets in that he thinks I might be interested in. Last fall, he called me about a gold piece that was priced a little above melt at $2500. That's quite a bit more than I typically spend for an individual coin but it was a really nice example and I bought it at the marked price (that's "full boat", I'm told). If I'd asked for a discount on the $2500, the answer would have almost certainly been "No."
I got it graded by PCGS and sold it a couple of months ago for $5700. Seems sensible.
@MasonG said:
There was a dealer I used to buy a lot from at Long Beach. Going through boxes one trip, I noticed that an overdate had been overlooked and priced as a normal variety. I let him know about it and said I'd still like to buy it and could he give me a price (probably a $150-$200 difference). He told me I could have it at the marked price. He normally gave me a discount on my purchases, on this coin I said that wasn't necessary.
Since that time, he's offered me pricing on coins that have saved me thousands of dollars. Would I have gotten the same pricing if I hadn't insisted on no discount for the overdate? I don't know.
I'm told that means you have more money than sense
Well, that depends.
I learned something from that dealer when talking to him about his business. He sold world coins exclusively, no shop- everything through his website and collector contacts. There was another dealer nearby with a shop who dealt in US coins only. Occasionally, the US guy would call him up and tell him he had a box of world coins he'd accumulated in various deals. The world coin guy would price them and make an offer, with the goal being to buy the entire lot even if there wasn't much of interest. I asked him why he'd buy coins he didn't really want and he told me the US guy sometimes did have really nice stuff for sale and he didn't want him even thinking about looking for another buyer.
For my eBay store, I buy from the local coin shop now and then (world coins only, no US) and try to use this approach (make the deal if at all possible) when he calls me about something he gets in that he thinks I might be interested in. Last fall, he called me about a gold piece that was priced a little above melt at $2500. That's quite a bit more than I typically spend for an individual coin but it was a really nice example and I bought it at the marked price (that's "full boat", I'm told). If I'd asked for a discount on the $2500, the answer would have almost certainly been "No."
I got it graded by PCGS and sold it a couple of months ago for $5700. Seems sensible.
Seems sensible to me, too. But since you didn’t negotiate to buy the coin for below the “full boat”asking price, it couldn’t have been worth what you paid for it. No exceptions allowed! 😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@MasonG said:
There was a dealer I used to buy a lot from at Long Beach. Going through boxes one trip, I noticed that an overdate had been overlooked and priced as a normal variety. I let him know about it and said I'd still like to buy it and could he give me a price (probably a $150-$200 difference). He told me I could have it at the marked price. He normally gave me a discount on my purchases, on this coin I said that wasn't necessary.
Since that time, he's offered me pricing on coins that have saved me thousands of dollars. Would I have gotten the same pricing if I hadn't insisted on no discount for the overdate? I don't know.
I'm told that means you have more money than sense
Well, that depends.
I learned something from that dealer when talking to him about his business. He sold world coins exclusively, no shop- everything through his website and collector contacts. There was another dealer nearby with a shop who dealt in US coins only. Occasionally, the US guy would call him up and tell him he had a box of world coins he'd accumulated in various deals. The world coin guy would price them and make an offer, with the goal being to buy the entire lot even if there wasn't much of interest. I asked him why he'd buy coins he didn't really want and he told me the US guy sometimes did have really nice stuff for sale and he didn't want him even thinking about looking for another buyer.
For my eBay store, I buy from the local coin shop now and then (world coins only, no US) and try to use this approach (make the deal if at all possible) when he calls me about something he gets in that he thinks I might be interested in. Last fall, he called me about a gold piece that was priced a little above melt at $2500. That's quite a bit more than I typically spend for an individual coin but it was a really nice example and I bought it at the marked price (that's "full boat", I'm told). If I'd asked for a discount on the $2500, the answer would have almost certainly been "No."
I got it graded by PCGS and sold it a couple of months ago for $5700. Seems sensible.
Seems sensible to me, too. But since you didn’t negotiate to buy the coin for below the “full boat”asking price, it couldn’t have been worth what you paid for it. No exceptions allowed! 😉
Ok then- I stand corrected.
Rhetorical question: Dealers are criticized when they try to get more dollars out of a sale, so why are buyers considered shrewd when they try to pay fewer?
@MasonG said:
There was a dealer I used to buy a lot from at Long Beach. Going through boxes one trip, I noticed that an overdate had been overlooked and priced as a normal variety. I let him know about it and said I'd still like to buy it and could he give me a price (probably a $150-$200 difference). He told me I could have it at the marked price. He normally gave me a discount on my purchases, on this coin I said that wasn't necessary.
Since that time, he's offered me pricing on coins that have saved me thousands of dollars. Would I have gotten the same pricing if I hadn't insisted on no discount for the overdate? I don't know.
I'm told that means you have more money than sense
Well, that depends.
I learned something from that dealer when talking to him about his business. He sold world coins exclusively, no shop- everything through his website and collector contacts. There was another dealer nearby with a shop who dealt in US coins only. Occasionally, the US guy would call him up and tell him he had a box of world coins he'd accumulated in various deals. The world coin guy would price them and make an offer, with the goal being to buy the entire lot even if there wasn't much of interest. I asked him why he'd buy coins he didn't really want and he told me the US guy sometimes did have really nice stuff for sale and he didn't want him even thinking about looking for another buyer.
For my eBay store, I buy from the local coin shop now and then (world coins only, no US) and try to use this approach (make the deal if at all possible) when he calls me about something he gets in that he thinks I might be interested in. Last fall, he called me about a gold piece that was priced a little above melt at $2500. That's quite a bit more than I typically spend for an individual coin but it was a really nice example and I bought it at the marked price (that's "full boat", I'm told). If I'd asked for a discount on the $2500, the answer would have almost certainly been "No."
I got it graded by PCGS and sold it a couple of months ago for $5700. Seems sensible.
Seems sensible to me, too. But since you didn’t negotiate to buy the coin for below the “full boat”asking price, it couldn’t have been worth what you paid for it. No exceptions allowed! 😉
Ok then- I stand corrected.
Rhetorical question: Dealers are criticized when they try to get more dollars out of a sale, so why are buyers considered shrewd when they try to pay fewer?
Because dealers are evil and buyers are pure. LOL. (Even though most people end up being both buyers and sellers at some point.)
All dealers that I know occasionally buy things they don't want to, from each other and off the street. The point is to build long-term relationships and not burn a bridge over a few bucks. A now deceased dealer-friend of mine used to call it the "Ursula tax" at the LCS that we both frequented. Every dealer she sold to would occasionally get an "Ursula special", a bunch of stuff that was hard to move at the price offered. We all bought it to preserve access to the better deals.
There were a few vest pocket type dealers who kept trying to get the same deals that we got. They never got them because they only wanted to buy the good stuff. Ursula knew better than to sell the good stuff from an estate and then have to hustle to sell the rest. She sold the entire thing. So, there were three of us who got to buy entire estates because we didn't quibble or try to skim the better material.
Of course, the equation is different for "collectors" who only buy a certain series or limited selection of material. You will always get a better price on the whole box. And, no matter what our friend says, you will tend to pay more if you haggle too much because you are wasting the dealer's time while shaving his profits. Experienced sellers actually have to either build the haggle into their pricing structure or hold firm on the prices. The idea that "full boat" is always the wrong price is based on the faulty assumption that all prices have built in wiggle room. Some do, some don't.
I had a $4.99 item on eBay. Guy asked for my "best price". I sent him a $4.25 offer. He countered me at $3.99 I declined.
He came back and said, "if you send me the $4.25 offer, I'll take it."
I said, "sorry, that expired."
He said, "guess I learned a lesson."
I never asked what the lesson was. It might have been that I was an a-hole not worth dealing with. LOL. But the lesson I was trying to send was that my "best offer" is my "best offer" and it's not worth my time to negotiate with you over 26 cents. Some people just can't help themselves - like the poster on this thread - they HAVE to negotiate because they think it's a game and that's how you "win". And maybe they do. But sometimes they also lose, because they've created the game themselves.
I often end up selling coins for more than my minimum because I have to build in room for the haggler, and only I know how much room there is. So, while our friend is chuckling, what I said is true. If he asks for 10-15% off from me at a show, I'll take it and I WIN. Why? Because I jacked the price up 20-25% to leave room for haggling on most coins. It would be much easier for everyone if it worked like retail: pay the asking price when it suits you. But, some people prefer the game.
All comments reflect the opinion of the author, even when irrefutably accurate.
Comments
If the dealer is in the green on the item he may move the item to get cash flow if the offer is a good one. Who knows when another opportunity to sell it will come along.
A dealer with a store is going to be tougher. He may discount it 10 oct at a show to move it but that’s it. A wholesaler you pay what he wants or u get lost.
The coin business is tough and achieving positive p&l can be a challenge. You don’t want to give away your best material. Beware of the guy trying to haggle with u the line “well your competetion has it for less.” Most likely he is full of it and that competitors coin is inferior to yours.
At shows have many items the only one in the room. Those unlikely will discount.
From my perspective I couldn’t care less what a dealer paid for a coin. If dealer bought the coin on the cheap dealer isn’t going to sell the coin to me on the cheap. If dealer overpaid I’m not going to overpay because he overpaid.
I don’t like haggling. When I’m at a show and a dealer is offering a coin at a very high price I thank him and move along. If a dealer is asking $2000 for a hypothetical $1000 coin offering him $800 and hopefully compromising at $1000 is pointless.
Yes there or sellers at unrealistic prices. But that is simply the background radiation. Additionally there are people who will not pay the money (they are looking for a steal, bargain). Others simply broke.
And there are dealers that think their stuff deserves a "keystone markup". Avoid these idiots.
"She comes out of the sun in a silk dress,
running like a water color in the rain...."
I’ve even heard dealers say that about other dealers….phrases like “he’s mighty proud of his coins”, or “he’s running a museum, lots of people looking but he’s not selling anything”. This seems to happen more (from my experience), with the smaller part time dealers who either have day jobs or good pensions, etc, and don’t need or care about cash flow.
Yep.
There’s a monthly coin show I occasionally attend in So. Ca. and most of the so called “dealers” are trying to keep themselves busy and hopefully make a few dollars. I see the same overpriced coins with a new layer of dust every time I’m there.
Lol. Well maybe many holding some their material back for when the mkt spikes but will take a good retail sale.
Many shows might move stuff early discounted some. But later ratchet it up. Main goal get cash flow, sales but don’t give it away.
Yes - The small dealer can compete with the big guns. What it takes - Better date coins, specializing in a certain area, scarce low pop world issues. Stuff the big gun dealers might not have. A friend Mike specialized in Peace Dollars (sold at fair price CW trends, at that time). Another guy in Irish coins, Ted added currency (very profitable) onto his picture they did well. Currency an area one can get 50-100 pct markup. Mexico coins are popular the 1oz silver Libertads in strong demand many banked bigtime awhile ago on them when silver spiked up to $140.
As far as those who won’t pay the money many of them they don’t have the money anyway. Everybody knows 5c on the dollar does not cut it in the coin business. Work your angle - Don’t let tire kickers or some know it all talk you down. Many of them don’t know how to price coins anyway or just fishing to get a rip.
Just my view,and related to my feeling.
Any amount of haggling that results in bad feelings between a buyer/seller is not worth it. Either side may burn the bridges for a future positive deal. Either side could present an item beneficial to one's side in the future.
I'm mainly a buyer at shows and not qualified to answer the question yet find this thread to be very informative and educational. As a buyer I don't haggle, so either I buy at the price listed, or if I'm feeling a bit less motivated I will ask them if they can do any better. That's the extent of my haggling. I've bought from, and sold or traded occasionally with certain dealers for years and always go back to the ones that were polite and professional.
Sir,you are incorrect on grocery stores not negotiating: Stores issue coupons with lower prices,and also store brands are always cheaper than name brands. That my fine friend is indeed negotiating.
I seem to have struck a nerve with you ,sorry you are triggered
however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.
I was very clear in my method of negotiating and as i said in an earlier post when i find someone such as yourself who gets their knickers twisted over someone daring to ask for a negotiation i simply smile and move on. I have absolutely no assumptions over anything,but I'm certain some dealers will negotiate and I find those that would like to make some money.
It's very a simple concept ,its nothing to be offended by and I'm frankly surprised at your level of vitriol over such a small matter.
Using a coupon is second degree price discrimination and it’s substitution when you go with a store brand over a name brand.
This reminds me I need to haggle, as I rarely have in past. At a local shop, I've been a loyal customer, rarely counter offer. If sort of feels like this young shop owner is "fishing" when I ask for prices. I saw some guys of the same age "sent" by someone else recommended who cleaned him out at fire sale prices. One guy came in, saw a box of those state panels with coins and stamps that have good demand. The shop guy said 2x, then 1.5x face value, the guy walked. I bought a bunch of stuff for resale, then later scrutinized the stuff with some regrets.
LMFAO. A coupon is not a negotiation. A sale is not a negotiation. A sitore brand is not a negotiation. It's just a different fixed price.
I can't even believe I have to post this:
All comments reflect the opinion of the author, even when irrefutably accurate.
Nahhhh, that's not negotiating, it's different products priced at different points. It's like a dealer having generic slabbed BU Morgans in his case at one price and ungraded BU "pickem" dollars in a bin at a different price in another case.
.
Thank you oh so much for taking time from your day to make me laugh,
At any rate you guys keep paying asking prices on coins whilst i'll keep making sensible offers and will use the money i save from negotiating,haggling,barganing or whatever you wish to call it to purchase extra coins.
I find it more than a little funny that people pay full boat i have to say
One seller’s “full boat” price is often less than another’s “negotiated” one. The price paid is what counts, not the percentage off of the starting price.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
This is the point. I didn't object to counteroffering on the occasional price. But the idea that you NEVER pay the ask price is ridiculous.
If I'm selling Morgan dollars for a fixed $35 and you refuse to pay out of some silly principle, you're going to miss out on the deal. He seemingly would rather negotiate a $50 ask siren to $45 than pay the $40 ask on the same item.
And what's so funny is THAT WORKS! It's retail sale psychology. It's easier to sell an item for $50 with 10% off than to sell the same item for $45 or even $40.
All comments reflect the opinion of the author, even when irrefutably accurate.
Somebody who never pays the asking price missed out on a $100+ silver lot I had listed on eBay for less than half melt. They offered less, I noticed my pricing error and fixed it. And no, you can't have it for the original price now.
Ok, he can’t have it the original price, but may I ?😃
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Over the winter, I was screwing around with old inventory on eBay. I had a comic that hasn't sold in over a year at $199. I marked it $249 and started offering everyone 20% off. It sold in 2 weeks at $199.
And we've discussed the "free shipping" before. I add $5 to the price and offer ftee shipping and I get thanked for the free shipping. When I charge $5 shipping, I get complaints about the "high cost of shipping".
All comments reflect the opinion of the author, even when irrefutably accurate.
As King of the forum, I think you can just tax us.
All comments reflect the opinion of the author, even when irrefutably accurate.
I don't charge for shipping, either. Well, to be accurate, I don't include a separate charge for it, but anyway- I got a message the other day saying the shipping cost seemed excessive. I was puzzled for a minute but then it occurred to me that perhaps the buyer was located outside the US and was seeing the eBay International shipping charge. I asked him and he was, in fact located in Canada. I explained that the shipping charge was applied by eBay and that it was not something I could adjust or control. He still asked me if I would lower it.
When I bought one of the last premium gem coins needed for my Walker short set; I knew that the seller had won it on Heritage and exactly what he paid for it, as I was watching the coin, myself. He then proceeded to price it to the moon!🌙 I negotiated with him but he only came down a little bit. I really wanted the coin, so I bit the bullet and purchased it. After we had already agreed upon a price, he had the nerve to contact me later to tell me that he neglected to include shipping. It really made me mad. I was ready to blow up the deal but decided to purchase it, anyway. I wasn’t gonna let another $5 or $10 get in the way but I thought that was extremely tacky. 😡 I never dealt with him again… And I’m still underwater on that coin. One of only a handful in my collection…
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
It sounds like he knew what it was worth.
edited to add... and by "what it was worth", I mean at that particular point in time and place. There is no reason that value must be the same under different circumstances.
I'm not making an offer on something that is priced too high. However if i see what i want at a more reasonable i have zero problems offering 85-90% of the asking price.
I'm very amused that so many dealers on here are offended by the mere thought of someone offering a price lower than what they are asking.There is a dealer in my area that has an Ebay storefront,yet asks the same price at the shows. I offer him what he would get on Ebay minus the sellers fee and shipping. He is Usually receptive in the last couple of hours on the last day of the show.
There is nothing in this world thats worth Full Boat
You do realize that there are costs associated with a show also. Depending on travel and hotel, the added cost of the show might be well more than the eBay fees.
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Sometimes I might take some pct off to move the item.
Not even a silver lot priced at less than half of melt?
Last show I attended, one of the dealers I bought from didn't do discounts. Everything was priced as marked. I bought a dozen or so coins, sold every one of them for a profit. I'd say those coins were worth "full boat", both to him and to me.
I haven’t seen where a lot of dealers on here are offended “by the mere thought of someone offering a price lower than what they are asking”. In fact, I think the majority of them expect and accept it as part of doing business.
I and many others disagree with your statement that “there is nothing in this world that is worth Full Boat”. That is, unless you use the term “Full Boat” to mean something higher than the full asking price. Countless items in this world are worth their full asking price or more, regardless of whether I, you or someone else is aware of it.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
And numerous things aren't worth 10-20% less than "full boat", which is why his global pronouncement was silly.
All comments reflect the opinion of the author, even when irrefutably accurate.
As a business man I consider hagglers a negative element. I am not a car place and a food store would show them the door.
However I realize the bourse can be fun and games. Learn to just tell them it’s already at your best price etc. unless your somebody pricing that item ahead so get haggle room. Example $100 cost $150 (50 pct markup). But ask $200 (haggler room). They want play game I can play too, fun.
Some shows very weak - people coming in have little money. In that arena I might have to let something go if still in the green after negotiin. A good junk box stuff priced at cost plus can help if you want to play that. I think Jimmy does his junkbox (stuff under $50)cost plus, good markup. It’s just all fun and games. If you can design your junk box pricing good as the junk box profit can pay your expenses. I might give them some if rounding down say $5.40 to $5.00.
Unless Junk box I don’t usually put prices on stuff bc prices constantly changing. My mood may vary between not giving an inch or perhaps knock off some if needed from negotiation.
Please remember that not everybody is aware of some unique coins actual market value or worth. A simple bullion coin, probably like the $2,000 melt Double Eagle that Captain referenced, they probably know about. But other coins with big numismatic premiums....they might miss why it's priced where it is.
Sometimes a person might not legitimately know that a coin has some scarcity or unique pedigree (label, OGH, etc.) that ups the price.
Simply explaining to such a person why a coin is priced "high" might educate them. I know it's happened to me in the past -- it's how I learned from some dealers.
Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price. NOTHING.
There is always room for negotiating, and i will find those willing to negotiate. Like i have said several times in this threat and I thnik it bears it bears repeating: Those who do pay full price have more money than sense.
This shows us you are dealing from a weak standpoint
Not even silver at less than half of spot?
How do you define “full boat” asking price? If you use the term synonymously with a non-discounted asking price, your absolute, all encompassing assertions don’t make sense. If you use it to mean something else, the rest of us don’t know what it represents.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
you are making things up now lol
I guess if the best you can do is create some imaginary fantasy to somehow make a point i will indulge you with a chuckle
I have been very clear on what Full Boat is,but since i'm in an exceptionally good mood for you I will repeat it: Its a term used to indicate full asking price.
I guess I will have to explain that in life i NEVER pay full asking price for something an individual is selling,and have nothing but laughter at those who either are scared to negotiate, or are afraid of " offending" someone by offering a lower price or asking fora discount.
For those who sell items and get " offended" by someone wanting to negotiate thats a sign of weakness. The reason i say this is because When one lets one's emotions dictate business dealings that individual is clearly not in control and is a weak person
You sound like a hall of fame level exasperating person. What an absolutely exhausting way of going through the world.
chopmarkedtradedollars.com
It's not imaginary. I had a silver lot listed on eBay for less than half of spot. Had you hit the BIN button, you would have gotten the silver at that price.
This is not the first time I've had silver for sale below spot. Fortunately for me, most people are too "thrifty" to just BIN and attempt to get an even lower price, allowing me to make adjustments.
Just to be clear- I applaud the negotiators who are smart enough to not pay "full boat".
Many buyers don’t make counteroffers when the quoted price is dirt cheap or extremely fair. That doesn’t mean, as you put it, that they’re scared to negotiate or afraid of offending someone. It usually indicates that they don’t have a need to squeeze as much as possible out of the seller. And that they’re content with a transaction which is fair to both parties. Additionally, some of those buyers are rewarded by sellers for such behavior by getting early or first opportunity on new inventory and discounted prices, without having to ask.
On the other hand, those who habitually make counteroffers (even when the quoted price is unquestionably fair, if not cheap) make lasting impressions on sellers. The sellers quickly learn to Jack up their prices in preparation for the expected counteroffers. They also tend to save their better coins for customers that they feel are more reasonable and easier to work with.
Edited to add:
You stated “Nothing in this world be it coins,cars,guitars,homes etc is worth full boat asking price”. That would mean that according to you, an item priced at $10 by a clueless seller at a garage sale, that’s worth hundreds or thousands of dollars - even to lowball buyers - isn’t worth the $10 asking price. Perhaps you should familiarize yourself with the meaning of the words “nothing” and “worth”.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Well said.
"Nothing in this world...is worth full boat asking price." It is ludicrous and obviously incorrect as stated. It would be more accurate for him to say, "Every price is worth negotiating, no matter how fair. " It's not about actual value, it's a game.
All comments reflect the opinion of the author, even when irrefutably accurate.
There was a dealer I used to buy a lot from at Long Beach. Going through boxes one trip, I noticed that an overdate had been overlooked and priced as a normal variety. I let him know about it and said I'd still like to buy it and could he give me a price (probably a $150-$200 difference). He told me I could have it at the marked price. He normally gave me a discount on my purchases, on this coin I said that wasn't necessary.
Since that time, he's offered me pricing on coins that have saved me thousands of dollars. Would I have gotten the same pricing if I hadn't insisted on no discount for the overdate? I don't know.
I'm told that means you have more money than sense
All comments reflect the opinion of the author, even when irrefutably accurate.
And I’ve been told that he’s scared to negotiate or afraid of offending someone. And that someone has nothing but laughter at that.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Well, that depends.
I learned something from that dealer when talking to him about his business. He sold world coins exclusively, no shop- everything through his website and collector contacts. There was another dealer nearby with a shop who dealt in US coins only. Occasionally, the US guy would call him up and tell him he had a box of world coins he'd accumulated in various deals. The world coin guy would price them and make an offer, with the goal being to buy the entire lot even if there wasn't much of interest. I asked him why he'd buy coins he didn't really want and he told me the US guy sometimes did have really nice stuff for sale and he didn't want him even thinking about looking for another buyer.
For my eBay store, I buy from the local coin shop now and then (world coins only, no US) and try to use this approach (make the deal if at all possible) when he calls me about something he gets in that he thinks I might be interested in. Last fall, he called me about a gold piece that was priced a little above melt at $2500. That's quite a bit more than I typically spend for an individual coin but it was a really nice example and I bought it at the marked price (that's "full boat", I'm told). If I'd asked for a discount on the $2500, the answer would have almost certainly been "No."
I got it graded by PCGS and sold it a couple of months ago for $5700. Seems sensible.
Seems sensible to me, too. But since you didn’t negotiate to buy the coin for below the “full boat”asking price, it couldn’t have been worth what you paid for it. No exceptions allowed! 😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Ok then- I stand corrected.
Rhetorical question: Dealers are criticized when they try to get more dollars out of a sale, so why are buyers considered shrewd when they try to pay fewer?
Because dealers are evil and buyers are pure. LOL. (Even though most people end up being both buyers and sellers at some point.)
All dealers that I know occasionally buy things they don't want to, from each other and off the street. The point is to build long-term relationships and not burn a bridge over a few bucks. A now deceased dealer-friend of mine used to call it the "Ursula tax" at the LCS that we both frequented. Every dealer she sold to would occasionally get an "Ursula special", a bunch of stuff that was hard to move at the price offered. We all bought it to preserve access to the better deals.
There were a few vest pocket type dealers who kept trying to get the same deals that we got. They never got them because they only wanted to buy the good stuff. Ursula knew better than to sell the good stuff from an estate and then have to hustle to sell the rest. She sold the entire thing. So, there were three of us who got to buy entire estates because we didn't quibble or try to skim the better material.
Of course, the equation is different for "collectors" who only buy a certain series or limited selection of material. You will always get a better price on the whole box. And, no matter what our friend says, you will tend to pay more if you haggle too much because you are wasting the dealer's time while shaving his profits. Experienced sellers actually have to either build the haggle into their pricing structure or hold firm on the prices. The idea that "full boat" is always the wrong price is based on the faulty assumption that all prices have built in wiggle room. Some do, some don't.
I had a $4.99 item on eBay. Guy asked for my "best price". I sent him a $4.25 offer. He countered me at $3.99 I declined.
He came back and said, "if you send me the $4.25 offer, I'll take it."
I said, "sorry, that expired."
He said, "guess I learned a lesson."
I never asked what the lesson was. It might have been that I was an a-hole not worth dealing with. LOL. But the lesson I was trying to send was that my "best offer" is my "best offer" and it's not worth my time to negotiate with you over 26 cents. Some people just can't help themselves - like the poster on this thread - they HAVE to negotiate because they think it's a game and that's how you "win". And maybe they do. But sometimes they also lose, because they've created the game themselves.
I often end up selling coins for more than my minimum because I have to build in room for the haggler, and only I know how much room there is. So, while our friend is chuckling, what I said is true. If he asks for 10-15% off from me at a show, I'll take it and I WIN. Why? Because I jacked the price up 20-25% to leave room for haggling on most coins. It would be much easier for everyone if it worked like retail: pay the asking price when it suits you. But, some people prefer the game.
All comments reflect the opinion of the author, even when irrefutably accurate.