"I can't buy 'em for that much ..."

291fifth · October 4, 2009 5:47AM

Don't you hate it when a dealer with badly overpriced "product" uses that line in response to your offer?

It just happened to me this morning at a local show. It reminded of why I have grown to prefer buying on eBay.

gecko109 · October 4, 2009 5:52AM

Part of the reason I got out of coin collecting. Sick of the bullchit.

ColonialCoinUnion · October 4, 2009 5:57AM

<< It just happened to me this morning at a local show. It reminded of why I have grown to prefer buying on eBay. >>

Because everyone knows that nothing shady ever happens on ebay.

Bear · October 4, 2009 5:57AM

I am afraid that BS is unfortunately the way of life in

almost every human transaction. Some one on this

Forum said it best, "Cut the BS, just tell me the price".

I believe that statement says it all.

PerryHall · October 4, 2009 6:01AM

BlindedByEgo · October 4, 2009 6:02AM

It's especially tough if you've been on both sides of the table - and have a conscience.

ColonialCoinUnion · October 4, 2009 6:03AM

<< Question---How can you tell when a coin dealer is lying?
Answer---His lips are moving.

>>

Terrific.

Perry, what do you do for a living?

Bear · October 4, 2009 6:07AM

It is more then possible, that a dealer can be reputable,

honest and totally above board in all of their dealings. It

is also more then possible, for a collector to be a lying,

deceitful and altogether despicable wretch. Good people,

as well as bad people, can come in all kinds of containers.

notwilight · October 4, 2009 6:09AM

I word it differently.

"My buy price is higher than that."

And I mean it. If the buyer wants to offer me the coin at the price he has bid, I will buy it without hesitation. I don't say this unless it is true.

--Jerry

PerryHall · October 4, 2009 6:22AM

<< Terrific.

Perry, what do you do for a living? >>

That was a bit mean spirited so I deleted it. If you really want to know, I'm a retired Geotechnical Engineer.

ColonialCoinUnion · October 4, 2009 6:24AM

<< 

<< 

<< Question---How can you tell when a coin dealer is lying?
Answer---His lips are moving.

>>

Terrific.

Perry, what do you do for a living? >>

That was a bit mean spirited so I deleted it. If you really want to know, I'm a retired Geotechnical Engineer. >>

Thank goodness. I cannot think of a single joke related to Geotechnical Engineering.

BlindedByEgo · October 4, 2009 6:25AM

<< 

<< 

<< Question---How can you tell when a coin dealer is lying?
Answer---His lips are moving.

>>

Terrific.

Perry, what do you do for a living? >>

That was a bit mean spirited so I deleted it. If you really want to know, I'm a retired Geotechnical Engineer. >>

And it's my experience that engineers rarely lie. It's just not their nature.

It was nice of you to delete it as it was a bit of a mean spirited chuckle - but we all ARE friends here, right?

Walkerguy21D · October 4, 2009 6:26AM

When I see a dealer with badly overpriced (or overgraded) material, I generally keep moving, unless he has something I really need, which is seldom.

coinmanic · October 4, 2009 6:27AM

A takeoff of the always popular "I'll take all that you have at that price"

PerryHall · October 4, 2009 6:32AM

<< 

<< 

<< 

<< Question---How can you tell when a coin dealer is lying?
Answer---His lips are moving.

>>

Terrific.

Perry, what do you do for a living? >>

That was a bit mean spirited so I deleted it. If you really want to know, I'm a retired Geotechnical Engineer. >>

And it's my experience that engineers rarely lie. It's just not their nature.

It was nice of you to delete it as it was a bit of a mean spirited chuckle - but we all ARE friends here, right? >>

Right!!! I actually hold CCU, Julian, Charmy, Rick Snow, and all the other dealers that contribute to the CU Coin Forum in very high regard.

rld14 · October 4, 2009 7:09AM

<< 

<< 

<< 

<< Question---How can you tell when a coin dealer is lying?
Answer---His lips are moving.

>>

Terrific.

Perry, what do you do for a living? >>

That was a bit mean spirited so I deleted it. If you really want to know, I'm a retired Geotechnical Engineer. >>

Thank goodness. I cannot think of a single joke related to Geotechnical Engineering.

>>

You're not alone, nobody can!

I have you all beat, I'm a Used Car Manager!

Some coins, especially the ones I collect, often bring multiples of sheet.

And we do get the same thing.. had a customer offer $10k on an 07 Corolla with 19k miles. I literally can't buy them for that much less run em through the shop, certify em, etc. My words were "I appreciate the offer but I am currently paying closer to $12,000 for cars like this" to which the customer (Who was a snert to begin with) claimed that he can buy them all day long, certified, for $10k. I offered him a $1,000 finder's fee for each clean title, paintwork free 07 Corolla LE with 20k miles on it that I could buy for $10k.

Weird, he didn't take me up on the offer....

ziggy29 · October 4, 2009 7:14AM

<< Right!!! I actually hold CCU, Julian, Charmy, Rick Snow, and all the other dealers that contribute to the CU Coin Forum in very high regard. >>

Yeah, I'm pretty sure folks of their caliber are pretty clearly not the kind of dealers whose ethics are sometimes called into question here.

PerryHall · October 4, 2009 7:34AM

<< 

<< Right!!! I actually hold CCU, Julian, Charmy, Rick Snow, and all the other dealers that contribute to the CU Coin Forum in very high regard. >>

Yeah, I'm pretty sure folks of their caliber are pretty clearly not the kind of dealers whose ethics are sometimes called into question here. >>

Agree. The dealers that participate here have worked long and hard to earn a reputation for fair and honest dealing and wouldn't do anything to damage their good names.

JrGMan2004 · October 4, 2009 7:54AM

Don't you hate when a collector assume's that you've overpriced your coins and makes a ridicously low offer? And you just have to ask them how many of those coins they have, and offer them $100 over their offer to buy their coins...

dizzyfoxx · October 4, 2009 8:16AM

When I hear that response, I can do nothing but

CaptHenway · October 4, 2009 9:57AM

<< 

<< 

<< 

<< Question---How can you tell when a coin dealer is lying?
Answer---His lips are moving.

>>

Terrific.

Perry, what do you do for a living? >>

That was a bit mean spirited so I deleted it. If you really want to know, I'm a retired Geotechnical Engineer. >>

Thank goodness. I cannot think of a single joke related to Geotechnical Engineering.

>>

How can you tell when a Geotechnical Engineer is lying?

The Earth is revolving!!!!!!

CaptHenway · October 4, 2009 10:02AM

Did I ever tell you about the customer who bought a book, took it back to his (local government) office and photocopied the entire thing, and then asked for his money back the next day because the binding was damaged?

PerryHall · October 4, 2009 10:06AM

<< How can you tell when a Geotechnical Engineer is lying?

The Earth is revolving!!!!!!

>>

You're thinking of Geologists which is a totally different profession. But, nice try.

pennyannie · October 4, 2009 1:14PM

291fifth- I have always hated that line and these other 2. Make a deal with a dealer on a coin and he says he is only making 5 dollars on it, or he says he gave XXX for the coin, when most knowlegable people would not believe the story. Just give me the price, accept my offer and pass or play.

The above used to bother me but know i could care less. It took me a while but i finally accepted that coin collecting was not the wholsome hobby that i thought i was getting into. Yes the bulk is top notch but even then there can be issues. When money is involved, KNOWLEDGE CAN BE your best ally.

Nothing is fair and i guess it does not need to be for the world to go round.

On a airplane with 200 people very few pay the same fare. Every field and profession has the same types of issues.

KNOWLEDGE IS KING

Last week i needed a CV axle for my sons car, I had my son call and was quoted 268 dollars, i called and mentioned the name of a body shop my friend owns, price was now 165 and change. I called a few autopart stores, 99 to 159 dollars. Now my intrest was peaked and i did some more checking. I found some places to rebuild the one i had, 69 to 100 dollars. I stumbled upon a company in the middle of no where and bought a 100 percent BRAND NEW CV axle for 67 bucks and 12 for shipping. That is a pretty big difference. Everyday i have to deal with things like this, broken commodes, broken A/C's, insurance, health etc.

ColonialCoinUnion · October 4, 2009 1:19PM

It would be interesting to know what coins the OP was looking at, what the dealer's price was, and what the rejected offer was.

Kaelasdad · October 4, 2009 1:55PM

I had a PCGS MS69 1st Strike--with spots--noted in the auction-and I priced it under latest Ebay completed sales becase of the spots. They are more like fly spots than the dreaeded milk spots--but a spots a spot. So a guy offered me $15. for it. I also always offer free shipping.

The current spot price of silver is $16.18

My reply was , if i factor in Ebay fees, paypal fees, grade fees, shipping fees--and toss in any other fee you can think of, I would be an idiot to sell it to you at your offer. Id be better off selling to a local coin store--I hear they are buying at $13 an ounce--and I dont have to ship it. Since Im not an idiot--most of the time--I declined his offer and also mentioned perhaps he should refrain from buying anything from me in the future.

CaptHenway · October 4, 2009 2:14PM

Some people automatically make ridiculously low opening offers on the assumption that you will automatically split the difference with them. I have had people offer me $50 under melt on a bullion piece priced at $30 over melt, who are then upset that I will not split the difference and sell it for $10 under melt. At that point the possibility of any discount ends.

highbidder1970 · October 4, 2009 2:23PM

I just offer them bluesheet or 50-60% of Bid. I don't buy much from collectors unless I can flip it and make money instantly. I have all the inventory I need at the present. The show this weekend you could tell they are all broke. Not asking prices or anything.

They don't wanna pay retail so I am not going to pay them anything either.

rbf · October 4, 2009 4:09PM

<< I had a PCGS MS69 1st Strike--with spots--noted in the auction-and I priced it under latest Ebay completed sales becase of the spots. They are more like fly spots than the dreaeded milk spots--but a spots a spot. So a guy offered me $15. for it. I also always offer free shipping.

The current spot price of silver is $16.18

My reply was , if i factor in Ebay fees, paypal fees, grade fees, shipping fees--and toss in any other fee you can think of, I would be an idiot to sell it to you at your offer. Id be better off selling to a local coin store--I hear they are buying at $13 an ounce--and I dont have to ship it. Since Im not an idiot--most of the time--I declined his offer and also mentioned perhaps he should refrain from buying anything from me in the future. >>

IMHO, belittling a potential customer like that is NOT something to be proud of, regardless of how "ridiculous" his offer may have seemed to you. It was probably just some average Joe who couldn't afford much, and was just hoping to get lucky and pick up an ounce of silver on the cheap, which, in the whole scheme of things, is not totally unreasonable. But rather than be polite and simply say "no thank you" or reply with a reasonable counter-offer, you took it upon yourself to dump on him.

Not cool.

"I can't buy 'em for that much ..."

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&quot;I can't buy 'em for that much ...&quot;

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"I can't buy 'em for that much ..."