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 Replies: 24 / Views: 3,466 |
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Pillar of the Community
United States
1915 Posts |
TPG trending? You are relying on values made by the companies that are slabbing them? That has always seemed like a conflict of interest to me. Still, PCGS shows your Washington at $25, and that is for PCGS which we all know is always higher than the other TPGs. Price guides like what you used are great for ballpark info. The problem is it might not be the same ballpark. Past auction results have always been the most reliable source for pricing info.
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Pillar of the Community
 United States
7840 Posts |
Point well taken on past auction results as a possible reference. If there is interest in the coins; the offers will follow. I never did get around to checking on the revision on the "reject all offers below a certain amount". More good advice on countering all offers.
Worst case scenario; put 'em away for another day.
Edited by oih82w8
07/11/2013 08:32 am
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Pillar of the Community
United States
1915 Posts |
I think they are great coins. I just think it is a bad time of year for selling. Especially if you have a certain amount in mind.
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Pillar of the Community
United States
500 Posts |
My "offers" vary greatly. If the BIN price is a bit ridiculous ( IMO anything above 120% of retail/list IS ) then I tend to offer on the lower end - which can mean 50% or 60% of BIN at times or even lower. What is weird is I've had some of those offers ( that many might consider "lowball" ) be accepted. Thus it is hard to say what is "too low" as to be ridiculous. Certainly below face value is an insult as would 1c be, but IMO that is rare. I've also had seller's "try to lecture me" on the evils of offensively low offers when said offer was 90% of their BIN. IOW, ebay sellers can be crazy. One seller jacks up his price to 200% of retail, regularly has 33%-off sales and then has accepted 75% of retail ( so 37.5% of his stated BIN ) on a few coins. So buyers see a lot of crazy stuff done by sellers and may think a 50% offer is appropriate - and maybe it is in many cases. IMO, you should always respond to an offer, even if you can't come to an agreeable price on that coin it is more likely to get responses to coins in the future and is just commen sense good business. When I am lowballed I just counter near my bottom-line and let the onus be on them. I am neither offended nor prone to lecture. I will sometimes let them know what the list price is so they know why their offer isn't close to reasonable ( and why my counter IS ) but I keep it professional and 100% honest and forthright. IMO it is stupid not to counter at least once. You never know how "much in love" a buyer may become while waiting. Some may take ANY COUNTER! IMO it is worth the minute of typing to see. |
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Moderator
 United States
23522 Posts |
Absolutely, and a BIN should by nature be a bit overpriced to leave room for negotiation. That's how horsetrading works.  |
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Pillar of the Community
United States
7840 Posts |
The reject all offers below a certain amount can be removed.
Thanks all!
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Pillar of the Community
 United States
1949 Posts |
I just recently started putting some of my auctions as buy it nows, and the lowball offers didn't really annoy me until I got a guy who put a whole bunch of absurd offers out (like $2 or $3 on $50+ coins) and sent messages with each one explaining why his offers were fair. Seemed to me like that buyer was fishing for people who knew nothing about coins and would take him at his word...
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Pillar of the Community
Australia
7096 Posts |
If I have the option to dicker/horse-trade on a coin I want ,I will always try and "Lowball". Why not, sometimes you get a bargain and other times you have to work at it and come up with a price you are both happy with. It's all part of the game and I do like to bargain with a seller, It makes the deal so much more fun  Even if I only save $25 on a coin I want then that is another $25 I can use to buy another coin. My late father told me once that "If you look after the pennys the Pounds will look after themselves" Bloody good advice IMHO |
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Pillar of the Community
United States
500 Posts |
trout,
While I agree that offering your "top" offer out of the gate is typically not a good strategy for haggling, too much of a lowball offer can END any movement from the seller's side.
A ridiculous offer turns off many sellers and they will either not counter or not entertain any offer ( even if the second is resonable ) or even block you. So, unless you really don't want it and don't care to ever do business with that seller ( and there are times where that might apply ) it is probably prudent not to make offensively low offers that turn off the negotiation process and "po" the seller. IOW, there is a point that you wear out your welcome by going too lowball. Some take it as a personal insult and offensive waste of their time. I can see their point and only tend to go real low if the seller's BIN price is offensively HIGH, IMO! And that is the case a fair amount of the time. LOL I usually just ignore the coin tho as some will never learn!
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Bedrock of the Community
13014 Posts |
Quote:
Some take it as a personal insult and offensive waste of their time. Any seller who treats an offer like that instead of an opportunity to counter and see if a deal can be done is probably one you really dont want to do business with. If somethings really rare they do have the advantage, but most things are abundant enough that you wouldnt have a problem finding another one you really like. |
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Pillar of the Community
United States
1915 Posts |
Quote:
A ridiculous offer turns off many sellers and they will either not counter or not entertain any offer ( even if the second is resonable ) or even block you. So, unless you really don't want it and don't care to ever do business with that seller ( and there are times where that might apply ) it is probably prudent not to make offensively low offers that turn off the negotiation process and "po" the seller. IOW, there is a point that you wear out your welcome by going too lowball. Some take it as a personal insult and offensive waste of their time. I can see their point and only tend to go real low if the seller's BIN price is offensively HIGH, IMO! And that is the case a fair amount of the time. LOL I usually just ignore the coin tho as some will never learn! BuffalosRock, the problem with the way you are thinking is my idea of what is a descent offer can vary greatly from the seller. Many items I buy on ebay are for resale, so what I may offer could greatly differ from someone else. If you are that easily offended, do not put it up for offers. Just set your BIN and hope for the best. |
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Pillar of the Community
United States
2589 Posts |
I've only ever sold one item via make an offer. I pretty much gave up on it and now only list things via auction or buy it now.
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Pillar of the Community
United States
3670 Posts |
I got sick of buy it nows with offers as MOST dead beats attract to this like bears to honey.... Cant take it personal, its all just bus, but I am like you when you offer 60% of my asking price why waste my time.... I often sell these 1:24 nascar like hotcakes but at WAY fair price say 19.99 I would get offers of 10 bucks, and I am like yo man could you atleast cover shipping, minus ebay and car cost lol..... So now I list all item buy it now instant pay required and in last week I noticed zero drop of in bus as I have sold a good 20 items that way in a week plus.... I should have always required instant pay, sure it limits your buying market but it isolates the buyers I want as well..... Edited by Silverhawk74
07/24/2013 12:12 am
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Pillar of the Community
United States
3670 Posts |
There are ways set the limits and decline so low and accept so high as that does work ok and you never know about low ball offers unless you click on auction that received an offer and you click on it to see what it was....
Some set crazy high and set to accept at price where they still make profit and make you think you got great deal like this example below....
I spotted all Buck Roger of the 25th century figures other day Mego 1979 Listed too high at 175. And lot was minus Twiki (Nine total) and Buck with white uniform him and Wilma and their guns hard to find with guns (Wilma was a hotty lol) which is rare and hard to find set so I offered 100 bucks free ship and it was set to auto accept....
I had to buy Twiki loose to complete set at 20 bucks but now I have entire set from 1979 and easy 200 buck flip in time....
Edited by Silverhawk74
07/24/2013 12:14 am
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Pillar of the Community
United States
500 Posts |
Hey, I agree that it is bad business to not counter and to get offended. But look at the original post here. Some people think a lowball offer is ridiculous and offensive. Some will not respond to such offers or even send "lecture responses" trying to "correct" bidders from making further such insulting offers to them or others. Sure YMMV and one man's lowball is another's "astute bargain hunting". I've made offers that a day later I'm glad were rejected ( since I found a better coin at a better price in the interim ). And sometimes that "rejection" came with some idiotic lecture or attept to shame. There are plenty of nutjobs on ebay. Some play games with ridiculously lowball offers, others are nutjobs wanting only suckers for customers. You have to put up with and/or try to avoid BOTH! Good Luck! |
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Posted 07/11/2013 08:26 am
