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How does this "best offer" thing work on flea bay?

tsacchtsacch Posts: 2,929 ✭✭✭
in U.S. Coin Forum
I have heard folks talk about the best offer and getting coins for a good price...or at least less than what the seller wanted,.....but how does it work........any one have a link to an auction with a best offer?? any input? Info?

thanks,

tom
Family, kids, coins, sports (playing not watching), jet skiing, wakeboarding, Big Air....no one ever got hurt in the air....its the sudden stop that hurts. I hate Hurricane Sandy. I hate FEMA and i hate the blasted insurance companies.

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    VAMs4U2BuyHereVAMs4U2BuyHere Posts: 304
    If the seller has allowed the option, you can simply submit your best offer below their asking price.

    Example: Seller has an item listed at $100.00, you click submit best offer, type in $75.00, and submit. Seller then has the option to accept or decline the offer. If the seller accepts, it's closed and you own it.

    Be careful though. Most coin auctions only allow you to place one offer. If it is rejected, you can't make another offer. Silly low-bid offers typically won't pay off.
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    REALGATORREALGATOR Posts: 2,696 ✭✭✭✭✭
    Its an option the seller adds to a fixed price auction only if he chooses to allow it when creating the listing. It shows up as a link "Submit Best Offer". Example you might see a "Buy It Now" listing for a 16-D Mercury at $1000. You'll have to click on the lisiting to see if the Best Offer option has been provided. A good seller will let you know in the title.

    You look at the listing and figure $850 sounds good. You enter that in the appropriate field and the seller has 2 days
    to respond to it by either accepting, denying or allowing it to expire. You can't use it to snipe since it requires the seller to respond before the lisiting ends. If you do it with a few seconds left, the seller cant respond and the listing ends. For coins, an Ebay id is only allowed 1 offer per lisiting.

    I've used it - it works well. As always choose your sellers wisely.

    RG
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    tsacchtsacch Posts: 2,929 ✭✭✭
    Sweet, thanks.
    Family, kids, coins, sports (playing not watching), jet skiing, wakeboarding, Big Air....no one ever got hurt in the air....its the sudden stop that hurts. I hate Hurricane Sandy. I hate FEMA and i hate the blasted insurance companies.
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    dgreene56dgreene56 Posts: 206
    tsacch, here's a link to my current auction which has the best offer option. I have had several low ball offers made and of course, rejected. I believe those people are now locked out from any more offers as mentioned previously? I personally like the format for bigger $ coins where it becomes more of a negotiation than an outright auction or fixed price listing.

    David

    Best Offer example
    Lover of the mutant Buffalo.

    Kaleidoscope Coins

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