If I Were Trying To Undercut The Price, What Should I Offer?

Cas, your verbiage is just fine. Undercut is the same as bidding low. In any haggling one always undercuts the price. If you dont, you are a plain fool.

Now, as I am trying to do a penny book, that would be a coin I would consider. However, it is borderline as to wether I woud like that with the others from that time period I have. Personally I would not pay more than 70 for that particular coin, so starting at 60 and seeing where it goes from there would be my approach. But thats me.

And when it comes to buying something like a coin or any other collector, you can never have too high of a standard. You may have too high of a standard for your wallet, but never too high in general.

After reading this entire thread, I would just like to say that on an internet forum such as this sometimes it is difficult to communicate exactly what you mean. Its not the same as face-to-face verbal communication where you can observe facial expressions,listen to the tone of their voice, etc. One wrong word can lead people to misinterpret the whole meaning of your statement, which may lead to deserved or undeserved criticism. Be concise and clear with your wording to minimize misunderstanding. Also, I think it is a good idea not to be to critical of what people first write until you fully understand what they are trying to communicate.

Just one person's opinion.