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I used "Submit Best Offer" on Ebay for the first time...

BarryBarry Posts: 10,100 ✭✭✭
Not a coin auction, but for Norton NAV.

Seller had a BIN of $10.99 with the Submit Best Offer link right below it. I offered $7.99 and he accepted. Interesting concept, but I wonder how many truly lowball offers it generates.

Has anyone tried it on a coin auction?

Comments

  • I have seen it...but I have never attempted to submit a low offer on an item as typically I see it on lower valued coins that aren't worth a bid image
  • RedneckHBRedneckHB Posts: 19,704 ✭✭✭✭✭
    I have used it in my auctions and received offers of 30-50% of bid for PQ NGC and PCGS graded coins. image


    I also think it encourages sellers to list at unrealistically high prices hoping for a sucker.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • <<Has anyone tried it on a coin auction?>>


    I offered $30 for a coin that was worth $40, IMHO.

    The seller sent and email........some BS about wasting his time and he blocked me from his auctions....oh well!!! Asimage



    Herb
    Remember it's not how you pick your nose that matters, it's where you put the boogers.
    imageimageimage
  • relayerrelayer Posts: 10,570

    I tried it with some chucklehead who had a POS in a junk slab listed for $1,500.

    I offered him $2.

    He declined the offer.
    image
    My posts viewed image times
    since 8/1/6
  • prooflikeprooflike Posts: 3,879 ✭✭
    I've submitted offers on ebay store items before through email, one was accepted the other was refused. The one that was accepted was 20% below the ask price for my '21 Peace and the one that was refused was ony 8% below the ask price for a 'V' nickel... go figure.

    BTW, the V nickel is still sitting in the guys store...

    image

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