Question For Dealers..Do You Get Offended When.......

JMOORE · November 14, 2003 3:37AM

This question is for dealers that sell coins in the $3,000 plus range.

Do you get offended when someone asks for a "better" price on a coin that you have listed for sale on your web site?

Or do you assume that most people will try to get a better price and adjust your prices accordingly?

Thanks!!

Jim

shirohniichan · November 14, 2003 3:43AM

It depends on the coin. If the dealer is "in" the coin pretty well and it has had no inquiries for a while, he may give a discount to sell it and get new stock. If it's a really scarce coin and no one else has one for sale, don't count on a discount.

RKKay · November 14, 2003 3:46AM

I generally expect someone to ask me my best price, and if I have a better price, I'll say so. If not, I'll tell them that the price listed is the best price.

paigowjohnny · November 14, 2003 3:50AM

Rick has the right idea.
Part of the fun in coin collecting, for me anyway, is the "horse trading" and bargaining that goes on. If a dealer is going to get seriously offended and indignant when asked to bargain a little, then he/she is in the wrong line of work. It would seem real easy to politely but firmly say no without getting in a huff.

ScarsdaleCoin · November 14, 2003 4:15AM

doesnt bother me...people can always ask....I do try to give best price up front and leave bargaining for other dealers

Russ · November 14, 2003 5:03AM

I'm afraid to offend dealers so I always pay whatever they ask for their coins.

Russ, NCNE

DAM · November 14, 2003 5:07AM

<< <i>I'm afraid to offend dealers so I always pay whatever they ask for their coins. >>

I bet you add 2% to cover incidentials too.

XpipedreamR · November 14, 2003 5:14AM

I have to admit that I feel a little weird asking the dealer about a better price. Every time I have, though, I have gotten it.

JMOORE · November 14, 2003 5:15AM

Russ, You crack me up

Mark, I've go my eye on this one. Love that coin............

Jim

JMOORE · November 14, 2003 5:33AM

Mark, not offended at all...

And I really, really like the looks of that coin...

Jim

ultramike · November 14, 2003 6:02PM

its kind of exspected i think-never has pissed me off.

BAJJERFAN · November 14, 2003 9:25PM

Like most other things in life: "If ya don't ask, ya don't get."

Julian · November 14, 2003 11:40PM

As with others, I am not offended by the question and if I am able to will reduce the price. Some times I can and other I cannot.

TheNumish · November 14, 2003 11:41PM

I don't mind people asking for a better price but I do hate a sport chisel. A sport chisel is when you give someone a gret price and they plan on buying the coin but just have to try and beat you up for a few bucks. There are people who do that with every coin and it gets old. There is one guy who used to try and get first shot on my new purchases but every single coin was a fricken battle even if I was trying to make $20 on a $500 coin. Then if he got a great deal he'd brag about it. I avoid the guy. Anyway under normal circumstances I expect people to negotiate just as I expect people to lower their prices when I buy.

matteproof · November 15, 2003 12:05AM

The misguided concept of "everything for me and nothing for you" does not work with me. Any dealer who does not understand this is a dealer not receiving my business.

There is obviously nothing wrong with asking for a better price. This is especially so on coins that are already priced STRONG (which is often the case). It is my right - yes my obligation - to offer ANY price that I feel is appropriate for a coin regardless of the Seller's asking price. It is the seller's right to accept my offer, reject my offer, or counteroffer on my offer. When I'm selling, I'm thankful for any offer that someone makes on my coins. If the price is do-able, I happily consider it. If not, then not. Why get "indignant" when someone shows an interest? Rather, I respect it and appreciate it. Savvy dealers do too.

matteproof

BAJJERFAN · November 15, 2003 12:16AM

How many dealers overprice a coin just so they CAN take a little off if/when asked?

CharlieB · November 15, 2003 2:12AM

I always ask for the best price. 90% of the time I get a better price.

When I see a display case filled with very excellent merchandise and more than one
coin I want to buy in that case I typically ask for the best price of each coin
I am interested in buying. Say the dealer has three coins I want. Then I finally ask
the price of a package deal for all three coins. I typically get a few more dollars shaved
off the total.

Try it sometime Russ and you can split the difference with me in what you save.

Russ · November 15, 2003 2:16AM

<< <i>Try it sometime Russ and you can split the difference with me in what you save. >>

I'd be too scared.

Russ, NCNE

Question For Dealers..Do You Get Offended When.......

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