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Re-Haggling - How Much Time Should Pass?

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Author Previous TopicReplies: 15 / Views: 1,370Next Topic  
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oih82w8's Avatar
United States
7840 Posts
 Posted 09/19/2012  10:57 am Show Profile   Bookmark this topic Add oih82w8 to your friends list Get a Link to this Message Number of Subscribers
I am still looking at a coin (non-auction) that the seller only came down a small amount. I want to ask again to reconsider a lower offer, but I don't want to offend the seller. How long should I wait to reengage on the haggling process?

I realize that a coin taking up space is a candidate for a lower price, but how long should I wait? A month?

Thanks!
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John1's Avatar
United States
56855 Posts
 Posted 09/19/2012  11:03 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Why wait? Just tell the person that if the coin has not sold that you will pay x amount for it.Then see what they have to say.You know,balls in their court-balls in your court etc.
John1
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mycrob's Avatar
United States
2602 Posts
 Posted 09/19/2012  11:10 am  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
I don't think there is a set time. Just try with your counteroffer and start it by saying you are not trying to offend by an apparent low-ball offer, etc.
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oih82w8's Avatar
United States
7840 Posts
 Posted 09/19/2012  11:17 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
This topic was spurred on a story my wife told me about a car she owned in the past, and how it (Purple Sidekick) sat on the lot for "X" number of months and the dealer finally gave-in and sold it for a reduced price to get it off the lot.

The dealer of this coin said that "XYZ" was the lowest amount that he could sell it for, you know the story, the dealer paid "ABC" for it.

I don't mind someone making a small profit on an item...perhaps the dealer paid too much for it!

The coin is a Panama-Pacific Commemerative, so it's not too common of a coin.

Circulation strikes: net 27,134 (60,030 were struck, 30 were set aside for assay purposes, and 32,866 were melted later)http://www.coinfacts.com/commemorat...f_dollar.htm
Edited by oih82w8
09/19/2012 11:39 am
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matthewvincent's Avatar
United States
3486 Posts
 Posted 09/19/2012  11:24 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Yes, Hate to Wait, select your best offer and say,
"If you do not sell this piece I will pay you $$$ for it. Please keep me in mind."
Say no more.

This should not offend the seller. Makes you appear very sincere.
And polite and respectful. Dealers/sellers appreciate respect.
He will then have in the back of his/her mind that there is a buyer for the coin
at a set price waiting patiently in the wings.

The ball is now squarely in the seller's court.

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aardspeed's Avatar
921 Posts
 Posted 09/19/2012  3:19 pm  Show Profile   Bookmark this reply Add aardspeed to your friends list Get a Link to this Reply
I would give him/her a price & a date.
If he/she still won't sell it to you after the date specified,
tell him thanks & try to find it elsewhere.

Obviously he knows your intrested in it & is holding firm because of that.

Have someone else offer less than what your offering?

See where that brings things?

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oih82w8's Avatar
United States
7840 Posts
 Posted 09/19/2012  3:55 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I am not sure if I am only interested party involved. All I can say is that the coin is still on the inventory list and the asking price has not come down any.
Valued Member
Senex's Avatar
291 Posts
 Posted 09/25/2012  09:55 am  Show Profile   Bookmark this reply Add Senex to your friends list Get a Link to this Reply
I'd wait a week or two then go back and try again.
If you don't ask, you don't get.
And there's no harm in trying!
Bedrock of the Community
United States
20753 Posts
 Posted 09/25/2012  10:25 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I'd have to agree with most of the replys. Just tell the seller this is your price and that is it. Not worth your time and trouble to see what might happen. If you wait, wait, wait and then it gets sold to someone else, nothing lost.
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oih82w8's Avatar
United States
7840 Posts
 Posted 09/25/2012  10:32 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Just sent out another Re-Haggling---How-Much-Time-Should-Pass? message.
Edited by oih82w8
09/25/2012 10:34 am
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oih82w8's Avatar
United States
7840 Posts
 Posted 09/25/2012  10:51 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Seller; "We haven't had any offers on it besides yours. My offer of $365+free shipping is as low as I will be able to go. If you would like this price then let me know."

My response; "If it was certified (have you considered sending it in?) problem free I would be more flexible, but I have been burned too many times on raw coins coming back with details (cleaned, artificial surfaces, tooled, etc..) grades.

Please keep me in mind."



It's time to move on...
Re-Haggling---How-Much-Time-Should-Pass?
Edited by oih82w8
09/25/2012 10:57 am
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oih82w8's Avatar
United States
7840 Posts
 Posted 09/25/2012  11:21 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Seller; "I don't know what else I can tell you. I understand your concerns but my hands are tied at $365+free shipping. Take it or leave it."

I thought that all was going well until he stated "Take it or leave it" I don't think that I was rude, but I am totally done with this guy.
Edited by oih82w8
09/25/2012 11:28 am
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matthewvincent's Avatar
United States
3486 Posts
 Posted 09/25/2012  12:21 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Well, Hate to Wait, the seller could have chosen better words.
Yes, it is time to move on. You did your best.

If the seller is into a given coin at $$$, he or she will not want to sell at a loss.
No use to press further. Say "'Thank You' for your time" and move on to the next seller.

May your next search be successful.
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snowman's Avatar
United States
1840 Posts
 Posted 09/25/2012  7:33 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply
I know I'm a little late, but I would have countered right away. No sense wasting time.

I also wouldn't give up yet. I've waited until a coin was relisted and had my offer accepted the second time around. If you have the coin on your watch list and the seller relists it, you will get a direct link to the relisting once the original sale time ends.
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ninamason's Avatar
United States
1227 Posts
 Posted 09/26/2012  04:19 am  Show Profile   Bookmark this reply Add ninamason to your friends list Get a Link to this Reply
So, I'd ditch the guy after the "take it or leave it" comment, but I'm going to give you some advice from my gramma and, probably, her gramma's gramma before her:

a bird in the hand is worth two in the bush.


In future, if someone is holding firm, just say "I'm sorry, but I really have a budget of $XX for this coin. I'll have to keep looking. Best of luck!" and move on. If they're super-stubborn or find another buyer, you're out the coin--but no money. If they have trouble moving it, however . . . you may get a very nice deal. They already know they have you, the bird in the hand. How long will they sit there, waiting for the two in the bush?
Valued Member
FinanceGuru's Avatar
United States
337 Posts
 Posted 09/26/2012  10:51 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list Get a Link to this Reply
Would you pay full price if it was certified? Would you be willing to split the cost of the grading/slab fees?

If you want the coin---but need assurance---then you may need to meet the seller halfway.
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