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 Replies: 109 / Views: 15,601 |
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Valued Member
United Kingdom
66 Posts |
Not sure was thinking a what you wanted or a pre mix depending on country but they will be mixed silver copper and gold or seprate people choose what they want
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Pillar of the Community
United States
4870 Posts |
As one who works in retail, I think prices should be clearly marked. Many states require this weather its a price tag on the product itself or on the shelf. Plus I think its good customer service if dealers treated everyone equal instead of being judgemental and brushing certain people off.
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Valued Member
Australia
278 Posts |
ummm other way around with what it is in USD
2.5 British pounds = 3.9075 U.S. dollars.
but it is still cheap if it is silver.
Dont worry I didnt let it get to me too much.
My love of coins and the fact I work hard for the ones I own make me happy.
I ended up getting a mint set for a few friends for their birth year.
I also got a proof set for Sisters Birth year my Nephews as well.
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Pillar of the Community
United States
2049 Posts |
Quote:
I love all those little codes some dealers use on the coin, you know, like: XGB567YI7
They look at that, and give you a price.
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From my experience, those codes pertain to the price the dealer paid for the coin so he knows how much it can be discounted That is exactly what they are. That's the only way a dealer can know with 100% certainty what he has in the coin, so that he can make sure to price accordingly (of course with the greysheet or other price guide as well). If they were to write on holder what they paid for it in a format everyone knows, it would be to their disadvantage and to the buyer's advantage as the buyer would have more info than they are really entitled to knowing. With the sheer volume of coins that dealers handle, there's no way to know exactly what they paid coin-for-coin without doing a system like this. Edited by CoinHunter53562
09/28/2011 11:39 am
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Pillar of the Community
United States
500 Posts |
I agree that having no sticker allows a seller to "profile" the buyer and quote different prices by what they "think" the buyer will/can pay instead of a fair fixed price for anyone. That is the potential issue. Some don't profile and quote the same price ( look up the current greysheet on it ) to everyone despite no marked prices. But when they don't sticker-price then you never know if they are profiling you or not! Thus it CAN be a deceptive and dishonest practice. I don't expect a seller to give me a great bargain just because they bought that coin at a great bargain price themselves - or bought it so long ago it has inflated greatly now, that is their profit-margin and they should try to get as close to FMV as possible as that is what it is worth NOW. But I also don't care to hear the whining about you paying over retail for it when I am not interested in getting ripped off! Anyway, I am fine with sellers who won't haggle at all - the ones that have a pricetag and it is what it is, buy or pass. I'm fine with those that put a lot of "negotiation" in their prices, they either meet my price or again just pass. I am not so keen on those that profile and try to rip off - even if I am not the victim or target it puts a black mark on the whole industry when others are taken advantage of that way and treated as "marks" instead of as customers. Some can argue that those that "build a lot of negotiation in" are also HOPING that some customers will pay the full amount or are bad at haggling and pay a lot more than they "could have". It is a valid gripe. I have bought a couple coins from an ebay seller who GREATLY INFLATES his BIN prices. I ended up paying less-than 37% of his BIN price after haggling. But how many folks have paid 50% and think that is some huge bargain? When he almost always doubles the retail list value to start? Lord help those who don't have an approximation of the list price and pay a lot closer to his BIN! |
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Pillar of the Community
United States
1007 Posts |
Thought I would put my 2¢ in this thread.
My time at coins shows have always been a pleasant experience. As for coin pricing, if I stop at a dealer's table and the coins aren't priced, I don't buy from them. I like to have the coins priced in 2X2's, or if they have their coins in boxes and if the price is marked on the box, I buy lots from the dealer.
I don't like haggling and will pay the marked price for a coin. If I think it's overpriced, I won't buy it. If it's reasonable, I will. Since dealers are often talking to other nearby people and their coins aren't priced, I feel like I'm interrupting them by asking the price of an unmarked coin.
Last August I was at a large coin show. The dealers who had their prices I bought quite a bit from. The dealers who didn't have anything marked and wanted the buyer to ask prices, I ignored.
Yes, dealers need to make a profit from shows, otherwise they won't attend them. When I started attending coin shows / sales I made the mistake of attending in my nice clothes and sometimes in a tie which seemed to raise the prices of unmarked coins. I don't do that anymore.
We used to have three coin shops in my town. Two have closed and the one remaining I will not enter in the door anymore. The owner is an elderly gentleman who talks non-stop about Jesus and tries to hand you religious tracts. His daughter is a rude, suspicious non-stop eater who perches her very ample self on a stool and stares at you like you're going to rob the place. It's not a comfortable atmosphere.
Okay, off my soapbox now.
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Pillar of the Community
United States
4870 Posts |
Is profiling even legal in the marketplace? I know I am comparing oranges to apples here, but you'll get the idea. For example a store can't charge you differently based on your ethnicity or how you look and if they did there would be a world of trouble for them. Hope I am making sense with this. But also wanted to refer to one of my previous comments about prices being displayed. I think its a good practice and in some cases its the law. Just passed in Michigan, if an item is not marked it needs to be clearly marked on the shelf. On that note I would pass a table with no prices posted. When you ask them what it costs you'll most likely be pressured and put on the spot. And to those who don't want to interupt the dealers or waste their time well don't worry about it. They are in business to serve their customers, that is why they are in business.
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Rest in Peace
United States
9104 Posts |
Quote:
ummm other way around with what it is in USD
2.5 British pounds = 3.9075 U.S. dollars.
but it is still cheap if it is silver. OK, $3.91 USD for 100g (3.22 tr oz) = $1.22 USD/ tr oz. Isn't that what I said? If customers are allowed to pick and choose, there should be no gold or silver in the mix, or the first dealer will take all of them. |
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Valued Member
Australia
278 Posts |
ummm maybe.... dont mind me at the moment.
no more drinking and typing...
I miss things and get wrong answers.
:)
I do apologise!
my mistake maybe it ws the shock too from seeing how cheap that is if it was all silver.
almost spat my wild turkey out and booked a flight to england hahaha
Edited by Gecko
09/29/2011 08:39 am
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Bedrock of the Community
United States
20753 Posts |
Quote:
My time at coins shows have always been a pleasant experience. As for coin pricing, if I stop at a dealer's table and the coins aren't priced, I don't buy from them. I like to have the coins priced in 2X2's, or if they have their coins in boxes and if the price is marked on the box, I buy lots from the dealer. And your not the only one. Many dealers at large shows really don't care about if you like their system of not. They assume they'll never see you again since they came from some other state possibly. I too just walk away from those without any prices on anything. I've seen to many look you over when asking about a price attempting to figure out what you are willing to pay. At some shows where dealers are repetitious, I've mentioned this to them and told them to watch as people just pass them by. Some have started to put prices on the 2x2's since then. However, profiling still goes on, prices or not. By that I mean if a coin is posted as $10 and you ask what is the real price of what is your lowest price, usually a dealer will still look you over to see if you need a 10%, 15% or larger discount. I've had people I know ask a dealer how much for a certain coin and then later I ask. Two different prices emerges. Around me at flea markets, which are basically becoming all hisopanic, many times I'm quoted a price and later have a Spanish speaking friend ask about the same item. In almost 100% of the time they get a lower price quoted than me. At coin shows, gun shows, camera shows and on and on and on prices are whatever a seller wants and to whoever they want. |
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Rest in Peace
United States
9104 Posts |
Quote:
Around me at flea markets, which are basically becoming all hisopanic, many times I'm quoted a price and later have a Spanish speaking friend ask about the same item. In almost 100% of the time they get a lower price quoted than me. After three "no vacancies" at southern motels, I told our Taxxachusetts friend to park his Yankee Cadillac around the corner. I went in to the "full" motel that he just left, got two rooms, and tossed him his room key. They didn't ask where I was from, and I certainly didn't volunteer (Shermanville). |
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Valued Member
United Kingdom
66 Posts |
I was going by the ebay costs and most 100grm bags are going at £2.50 each but you guys have given me plenty of food for thought wonder if I could get away with reducing costs towards the end of a show |
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Bedrock of the Community
United States
20753 Posts |
Quote:I was going by the ebay costs and most 100grm bags are going at £2.50 each but you guys have given me plenty of food for thought wonder if I could get away with reducing costs towards the end of a show Works both ways. Some dealers just don't want to be bothered after a long day. Many people have told me some dealers are now desperate due to a slow day so they will take almost anything to make something. |
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Pillar of the Community
United States
2269 Posts |
I am actually going to attend my first coin show in over 20 years this weekend. I will most likely pass by dealers who don't mark their coins with prices. I used to feel like I was bothering a dealer by asking for the price. I just hope I don't have any bad experiences.
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Moderator
 United States
16679 Posts |
Hmmm. Coin codes. I should put those on my ecrater site and ebay too! That way, no one else knows what you paid! swcoin.ecrater.com
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Replies: 109 / Views: 15,601 |
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Posted 09/28/2011 09:40 am
