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 Replies: 22 / Views: 4,269 |
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Pillar of the Community
United States
1590 Posts |
One of my coins I am offering right now, has a BIN or best offer option. The selling price is $90. The buyer offer $65. I countered with $70 and they countered with....$65. their original price.
I don't know. It felt insulting, so I declined the offer. What do you all think?
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Pillar of the Community
United States
7641 Posts |
It is easy to get Insulted in the coin business. Welcome to the club!
The potential buyer wants the coin at 65$. It is up to you whether that amount is acceptable.
If it were me selling the coin, and he pulled that stunt on me, I'd add him to my blocked bidder list.
I'm kinda cranky and hard-headed sometimes.
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Moderator
 United States
14463 Posts |
Without knowing the coin, giving an opinion on the value would be very difficult. But  don't sell at that price |
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Moderator
United States
56855 Posts |
WADR,if you are not willing to consider a best offer do not add it to the item. John1  |
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Pillar of the Community
Australia
7096 Posts |
If you are not happy with a buyers best offer then simply reject it and move on, They only have three shots at it anyway.  |
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Bedrock of the Community
United States
11951 Posts |
I think going from $90 to $70 is a good amount of drop
in price. If it was a coin I really wanted I would have
taken the $70 offer.
The buyer coming back with the same $65 offer would rub me
wrong too.
As also posted ... it would help knowing what the coin is.
Is it closer to a $60 coin .. or $90 coin?
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Rest in Peace
United States
18456 Posts |
As a buyer I wouldn't have the chestnuts to come back at you with my same offer as previous . Like others say ,just forget him and move on .  |
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Pillar of the Community
United States
6370 Posts |
I typically set a BIN at 20-25% more than I am looking to sell the coin for. If the buyer offers above this cut-off price, then it gets accepted. If it isbelow, I counter with my cut-off price. If they insist on an insulting price, ignore the offer and let it sit. It'll make your coin look desireable and make any other potential buyer think that they have a limited time to make an offer or hitt the BIN button.
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Pillar of the Community
 United States
1590 Posts |
Thanks! I ententionally left the identity of the coin "blank", in case it were another member. I don't want to start a flame war.
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Pillar of the Community
United States
7375 Posts |
All my listings are BIN or Best Offer. Yeah, that stuff happens all the time. Buyer thinks $65 is the right price, and that's that. Most of the time your $70 comeback will be taken, but not always.
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Valued Member
United States
422 Posts |
You have it and if the buyer wans it he will have to pay your asking price. You didn't have to drop your price.
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Pillar of the Community
Canada
5404 Posts |
Never feel bad about this sort of stuff on ebay . Happens all the time. Stay calm and carry on. |
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Pillar of the Community
United States
1699 Posts |
Is $65 a fair price and are you just +$5ing the buyer to "play the game"?
I will often repeat my offer after a counteroffer, because the seller cannot reconsider, if I don't respond. However, I will always include a polite note, so that I do not offend the seller. As a seller, I've had the same happen to me, and sometimes I accept.
The second time the buyer offers at the same price he/she is saying "no, my initial offer was my best offer, would you please reconsider".
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Pillar of the Community
United States
1346 Posts |
Suggestion: if the least amount of an offer you will accept is -20% then why not use that tool on BIN that automatically rejects offers greater than what you will take?
It will save you a lot of grief :)
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Valued Member
United States
123 Posts |
I don't think you should waste your time feeling insulted by this. Both you and the buyer gave your best offer and counter offer, and the offers didn't line up. Nothing was directed personally at you, you guys just disagree! There is nothing wrong with that, and there is nothing wrong with the bidder offering the same amount twice. I wouldn't block them for future offers -- they obviously have interest in your coin and may even change their mind and offer more later. I wouldn't waste another second thinking about it!
Edited by John Bonzo
12/04/2016 3:32 pm
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Rest in Peace
United States
17900 Posts |
Without knowing the coin, it's difficult to know if the $65 offer was a good offer, nor not. But it doesn't matter. It wasn't what you wanted to sell it for. When it comes to ebay there is no intelligence test required for buyers or sellers before they can list or bid. It's the same population as the rest of the world. Most great, a few not so great, and a very few that are really bad. |
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Replies: 22 / Views: 4,269 |
Posted 12/04/2016 02:17 am
