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Replies: 22 / Views: 4,265 |
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Valued Member
United States
467 Posts |
I would have declined it also if my bottom line was $70.
But I wouldn't be insulted for all the reasons everybody has already said.
It is just a business transactions. Sometimes there is a mutually acceptable meeting of the minds, sometimes there is not. There is always another day and another time if it doesn't work out.
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Pillar of the Community
United States
509 Posts |
Might be off topic, but I hate when buyers don't react to counteroffer towards end of auction which blocks the seller from lowering price to get attention. I haven't sold more than 25-30 coins on ebay, but I've had scenerios where Intem is BIN $120 (I'm looking 105) and buyer offers 60, I counter 110, they counter 60 and I counter 109.99 and they buy the item. I think buyers could try to use this tactic to try to sniff out lowest you'd take,
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Pillar of the Community
United States
790 Posts |
Funny, I thought the whole point of haggling is you start with LESS than you're ultimately willing to pay and allow the seller to talk you up. What do I know? I wouldn't make an offer that's that much lower than the original price to begin with. I reckon any experienced seller might pad their price A LITTLE to leave room for negotiation, but they also are pricing to sell, and are unlikely to inflate their bottom-line price by that much.
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Pillar of the Community
United States
4211 Posts |
I wouldn't be "insulted" with their offer, but I do think without knowing the coin or value....I think a reduction from $90 to $70 is pretty fair.
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Pillar of the Community
United States
790 Posts |
BTW, I'm fairly new to the whole haggling thing, but I've already found that some sellers are offended if you try. I saw a coin I liked on VCoins, but the price seemed a bit steep, even with a premium for toning. I bought a medieval coin from the same seller a month or so ago, so I thought I'd chance messaging to point out that the NGC price was quite a bit lower and ask if they could come down just a little. He replied with an email telling me that since I have been a customer he wouldn't say what he usually did, which was that I should buy from NGC. I congratulated him for "not" saying that, and mentioned that if he had, I wouldn't have bought from him in the future. Goodwill preserved, more or less. But definitely no sale!
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Pillar of the Community
United States
4085 Posts |
It all depends. If the coin eventually sells for $70 or more, than $65 was too low. If it sits for the next six months, then you are asking too much. I wouldn't get hung up on whether the buyer is reasonable or unreasonable. This is how prices are set - by individual willingness to buy at a certain price.
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Bedrock of the Community
United States
12437 Posts |
You can set a minimum best offer amount, anything below that limit will be automatically rejected. That tends to weed out the cheapskates 
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Replies: 22 / Views: 4,265 |