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 Replies: 28 / Views: 2,533 |
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Bedrock of the Community
13014 Posts |
Quote:
If he bought the coins and turned around and relisted them immediately on Craigs List for more than double what he paid for them that would be different and would not have been proper since the guy who sold the coins would probably find out and think he was taken advantage of.
I really dont see how that would be different in all honesty. Yea the initial seller would probably feel like he could have gotten more (assuming it even sells) but again he agreed to the sale no one forced him to do it. Once you sell you lose the right to dictate what happens to it and dont have a right to anyone elses future profits off it. For example if someone bought a gold coin for face value you could argue they should have offered more, but they dont have any obligation to do so. A seller is just as responsible to know what theyre selling as a buyer is to know what theyre buying. If they would rather take a quick payment of lesser value than do the research on the value of it its their right to do so. |
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Pillar of the Community
United States
2077 Posts |
I'd hardly call this a viable business model. It involves at least one, maybe two car trips. Stop for a burger on the way and there goes any profit.
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Valued Member
 United States
325 Posts |
I agree with basebal, a seller should be responsible for knowing what they are selling. It was only one car trip and my car gets 33 mile per gallon. short local trip. The buyer came to my place. Sometimes I meet the buyer half way but I was also selling a BBQ at the same time off Craigslist.
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Pillar of the Community
United States
648 Posts |
I completely agree with Baseball. There is nothing wrong with flipping like Joe did. Even if he had made an extra 10,000 bucks off of it, it would still be fair. It would be the SELLERS fault in the first place for being too lazy to do research on what he was selling.
And come on guys... let's say someone offered you a 1909 S VDB for face value...Would you tell him what it's actually worth, or would you take it off his hands and resale it?(Or keep it)
With the budget I'm on, I would gladly take it from him.
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Valued Member
United States
325 Posts |
Yeah there is nothing illegal with buying low and selling high. Just the way capitalist markets run. No harm no foul.
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Bedrock of the Community
United States
20753 Posts |
Regardless of where you buy or sell something is no one's buisness but your own. Imagine how some feel that have thrown stuff out and it now appears on the Antique Road Show worth many thousands of dollars. How many have sold stuff at a garage/yard sale and find later it was worth a small fortune. Once gone it's gone.
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Pillar of the Community
1751 Posts |
I would recommend not having a buyer come to your place if you're working off CraigsList or ebay. Makes you an easy target. I always meet people near a local Barnes and Noble or convenience store. |
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Valued Member
United States
325 Posts |
Yeah, there are some creepy people on craigslist. I always put a return policy in my listings. Sometimes I meet people at nearby locations. If stuff is too big though I just have them come by.
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Bedrock of the Community
13014 Posts |
Seriously never have them come to your house or let them know where you live
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Valued Member
United States
325 Posts |
basebal21, did anyone ever stalk you from Craigslist?
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Bedrock of the Community
13014 Posts |
No, I never give out any more personal information than necessary to make to contact. There are however countless stories of rapes, robberies, and murders from craigslist. I always meet either near by a police station or the parking lot of one which usually stops those types from even trying at the simple mention of a police station.
Not everyone is crazy or out to do harm on craigslist, but enough are that you need to be careful about it and not find out the hard way. Especially if your selling a lot of stuff on there someone may decide to stop by your house one day and take those items off your hands.
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Pillar of the Community
United States
4417 Posts |
This old timer sees no problem with reselling an item in any domain, be it CL, ebay or ... Probably 90% of the numismatic items that I buy come from dealers at shows, shops, and other retail operations. If they want more money than I think an item's worth, I pass - there's always another deal to be had. On occasion, I'll pay more than they ask; this, mostly on exonumia that's difficult to price. This way, the dealer looks for more stuff for me. Then too, when I decide to sell something, I more often than not find a dealer to meet my price. I tell them that I'll buy it back for that price if it doesn't sell. I want the dealers and collectors to make money on what I sell them. I rarely get any returns! I'm mostly a collector, but I can't afford to keep it all, and I certainly can't take it with me. |
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Valued Member
United States
325 Posts |
Yeah for coins I can meet at my local coin dealer who has a shotgun. I live pretty close to the police station so I'll try meeting people there. furniture is tough though since it's so big. I also don't talk to people from the known shady towns in NJ which include, Patterson, Newark, and Union. All really shady and full of drug dealers who rob for their next high.
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Replies: 28 / Views: 2,533 |
First Page
Posted 05/06/2013 11:26 am
