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Replies: 40 / Views: 3,480 |
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Rest in Peace
United States
9104 Posts |
In parts of yurrup and Africa the fat lady bucks would be very popular. When you look at ebay prices, knock off the 15% or so that ebay gets, and the numbers don't look as good, and that's if you don't run across some scammer who figures out how to get them for free. Not to mention your time, etc.
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Valued Member
 United States
425 Posts |
I understand biggfredd. I think I was very clear that I wanted to trade misc. silver for one oz. of Gold. And he was equilly clear that he would give me his buying price on my silver and then I could buy one of his gold pieces. Now while I was there I saw three folks come in and buy silver from him in some form or another, ASE's, and two folks got rounds. But NO ONE came in for Gold, or was even looking at the gold counter! What I offered to him was a chance to move an item that is not selling now because it is on the fall, for a number of items that are selling right now because they are starting to rise! Basicly a plain and simple business deal. As for ebay, I think they take about 5% from the first $25 and about 3% of anything over that....... not 15%. But you are correct that there is shipping and Paypal......but that does not mean I should take $10 on a coin that gets $25 on ebay and that is fair!!
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Pillar of the Community
United States
3592 Posts |
odentheviking, I think what this is really about is a guy that just doesn't have listening skills...you can talk all you want but they are thinking something else and not absorbing what you say.There are people like everywhere,even here...you post one thing and they go off in a completely different direction.Not much to do,except avoid.
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Bedrock of the Community
United States
20753 Posts |
Quote: There are people like everywhere,even here...you post one thing and they go off in a completely different direction.Not much to do,except avoid.
  It made me really laugh. Don't know how many times I've seen a post where someone asks something like what is this coin and after several replys we are up to how how much Gold is selling for. Or in Hungary Silver is used to make Bullets or something like that.
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Valued Member
 United States
425 Posts |
Thank you Maineman750, I understand. But I am really not trying to attack any dealers on here. I understand that they are trying to make a living and they have the right to pay what they want for any item, and charge what they want for any item. And takeing your advise.....that is all I have to say!
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Rest in Peace
United States
9104 Posts |
And for the record, I'm not accusing anyone of dealer bashing. I just wanted to present another POV. I've seen a dealer buy $250,000 in silver and turn it to another dealer at the same price he paid, just so he could claim to be top dollar buyer at the show. I paid eight times he offered for a collection, according to the seller. It seems that top dollar stuff is only good where he has competition.
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Valued Member
 United States
425 Posts |
Quote: "Or in Hungary Silver is used to make Bullets or something like that."
Silver Hungarian Bullets? I would LOVE to hear about that Just Carl!
"Well......we're waiting!"
p.s. Biggfredd, I gave my best shot at answering your token question!
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Pillar of the Community
 United States
2448 Posts |
Well, aren't Werewolves from around there?
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Bedrock of the Community
United States
17884 Posts |
Quote: Silver Hungarian Bullets? I would LOVE to hear about that Just Carl! Ammunition for the Lone Ranger.
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Valued Member
 United States
425 Posts |
So was it the Lone Ranger or Tonto that was "Hungarian"?
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Valued Member
United States
294 Posts |
Help me out here. What I'm reading is that you went into a dealer's shop and asked about trading some silver for gold. When he said he'd do this, he did not actually see what you had at that time? Because if I read this right, you went back with the goods, and then got what you thought was a low-ball offer on some of the stuff? After he saw the items? and you wonder why he's changed his offer? Am I confused, or on the right track? Keep in mind ebay may be a good resource for some, but you're comparing a web site that has millions of viewers to a local brick and mortar store with more overhead than the average eBayer, with fewer "viewers" of his merchandise. When you factor in ebay's fees, how much is a seller really making? At flea markets and yard sales I hear all the time "this item sold on ebay for $XXX.00. I have even seen some people print out an ebay auction of a similar item and tape to the item for sale. My response is always, "Then just put it on ebay", here's my offer, I have cash in hand, you don't have to pack it and ship it, and there are no additional fees involved. If they still believe they can get the asking price, more power to them. They ain't getting it from me. So I'm tending to side with the dealer here. He (or anybody else in his position) is not going to give you an even-up, one for one trade. He still has to make a profit.
Edited by omahaorange 02/15/2011 8:06 pm
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Valued Member
 United States
425 Posts |
Hey omahaorange, sorry but you missed your chance to be a "Troll" on this thread! We have moved on to Silver Hungarian Bullets! Do you have anything to add?
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Valued Member
United States
294 Posts |
Quote: Hey omahaorange, sorry but you missed your chance to be a "Troll" on this thread! We have moved on to Silver Hungarian Bullets! Do you have anything to add? "Troll"? You got on here ranting (your word, not mine) about not getting what you wanted from a local dealer. I gave you my perspective on this deal, based on what you wrote. Your only response is to call me a troll. Too many times people go into retail shops, and expect the dealer to pay retail prices for what they have to offer, missing the whole wholesale verses retail pricing. Then they get on a message board and rant and rave about poor customer service, or how they are being ripped off, hoping the majority of responsers stroke their hands and soothe their egos. Understand that you are not the customer in this case, the dealer is. His offer is more than likely based on a number of factors, including how much he can make on these items. The profit is based not only on what he pays verses what he can sell it for, but also how much it costs him to open and close the store, keep the lights on, pay his employees (and this includes more than just the hourly wage). His costs also include how long an item will sit before he can sell it, and is he selling it to a retail market, or another wholesaler at less than the value of the coin. It also includes the amount of interest he is paying on the loans he has to have the capital to buy stock. This is simple, basic, Economics 101. Comparing the ASE's to the Maria Theresas, the ASE is a US Mint product, familiar to most US collectors and investors. He probably has a ready market for these and can move them reasonably fast. He may not have a ready local market for the MT's, and is looking at selling them wholesale to another dealer. You also state he is not a coin dealer, but basically a jewelry store/metal dealer. So again, he may be familiar with ASE's but not with the MT's, and felt he can move the Eagles faster. You said he offered you $10 each for the MT's, and they go on ebay for $23-24. So if he has to move them using ebay, he has at best a $14 dollar margin for profit (assuming he actually gets that amount at the end of his auction), out of which comes his store costs, shipping costs, and ebay and possibly PayPal fees. Whether you wanted to sell these outright or trade for something else, it is unreasonable to expect a retailer to give you even-up for what you have to offer (see profit above). It may get you a better deal than simply selling outright, but it will not get you one-for-one in trade. So, if I'm missing something, please clarify what you're try to say in your intial post. If I'm wrong because I misunderstood, I'll admit it. If you simply just don't agree with what I said because I'm not holding your hand, man up and respond with something other than "troll". Argue your point. You may actually change my opinion. But you're not gonna do that simply with a forum-yard retort.
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Valued Member
 United States
425 Posts |
Quote: "So, if I'm missing something, please clarify what you're try to say in your intial post. If I'm wrong because I misunderstood, I'll admit it. If you simply just don't agree with what I said because I'm not holding your hand, man up and respond with something other than "troll". Argue your point. You may actually change my opinion. But you're not gonna do that simply with a forum-yard retort."
Hello Omahaorange, Its clear that you have not read this thread from begining to end. Because ALL the points you have tried to make have already been made and answered. You are not this dealer...... so you can not speak for him or try and guess why he quoted me the prices he did. But it is not the prices that were originally in question. It was why do people say "Bring it in and let me LOOK at it!" when it is clear thay have no real interest in the item. Now, I am sorry I called you a "troll", but I thought you were having some fun with us, being that we already covered the issue that many people here.....(as stated by Maineman750 on page #2),"odentheviking, I think what this is really about is a guy that just doesn't have listening skills...you can talk all you want but they are thinking something else and not absorbing what you say.There are people like everywhere,even here...you post one thing and they go off in a completely different direction.Not much to do,except avoid.", just want a fight and will keep it going at any cost.
So what it comes down to is ....I don;t wanna fight with you! Its done and over! We ALL have moved on!
Maybe this will help.......I have already made a trade with another Dealer, He is giving me $24 for each of my Maria T's,(the other guy offered $10!), and $300 for the 10oz. Silver bar,(the other guy offered $200), and with some 1oz. silver rounds thrown in I got the 1 oz. of Gold I was looking for.
So all's well that ends well! Good night!
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Moderator
 United States
188660 Posts |
All that can be said has been said. 
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