Best Offers On Coin Below Melt. - Coin Community Forum

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Author	Replies: 7 / Views: 1,352
buddy16cat Pillar of the Community United States 1536 Posts	Posted 05/16/2013 07:17 am Is it common for people to give you an offer below melt on coins listed as Buy it Now or Best offer on ebay? I had someone bid below melt for a VG Barber dime including shipping. I just had another bid $4 for a Standing quarter with free shipping. Are the figuring I would just bargain with them? I would sooner keep the coin than sell it for that. I know one option is to simply set to decline coins at a minimum amount. Edited by buddy16cat 05/16/2013 07:52 am Report this Post to the Staff

numismaniac Valued Member United States 361 Posts	Posted 05/16/2013 07:32 am Are you referring to an auction site ( ebay etc.) or some sort of bid/ask board? People can always throw in a bid of any amount on an auction with no reserve. Forgive me if I am misunderstanding your post. Report this Post to the Staff
buddy16cat Pillar of the Community United States 1536 Posts	Posted 05/16/2013 07:58 am I had to rewrite my post. I was referring to buy it now or best offer listings on ebay. I realize that someone can throw any value they want out there. I am just wondering what the intention is knowing I will decline an unfair offer. I did notice a scratch on the Standing quarter I listed and got an offer of $4 with free shipping. I ended up pulling the listing. The Barber dime I listed which maybe graded VG10 will usually go for a premium but someone offered $1.75 with free shipping. After fees I am looking at less than a dollar. Like you said though if there is no reserve, they can throw any price at you. Edited by buddy16cat 05/16/2013 07:59 am Report this Post to the Staff
jnorlund New Member United States 47 Posts	Posted 05/16/2013 10:58 am Yes, they are likely trying to negotiate, although some are just "lowball hunters" and looking for the desperate. You can set an auto decline if you don't want to deal with those kinds of offers. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 05/16/2013 11:26 am They dont know youll decline the order, but thats just one of those reasons why its not worth it to sell 5 dollar items on ebay. ebay is actually the worst place to sell junk silver, its absolutely everywhere on the site and really drives the value down Report this Post to the Staff
buddy16cat Pillar of the Community United States 1536 Posts	Posted 05/16/2013 3:27 pm Yes, I found the best place to sell junk silver is a coin show. They pay a $1 under melt per $1 face and pay cash with no fees. ebay is good for those junk silver coins that fetch a premium like Morgans, Standing quarters, and Barbers. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 05/16/2013 5:45 pm While they may fit the bill Id say most people wouldnt lump those three types in with say worn pre 65 quarters or dimes, especially the morgans and barbers. But I do agree you get better prices for those on ebay while the other stuff ebay holds back your price with how many are always available Report this Post to the Staff
joecoin85 Valued Member United States 325 Posts	Posted 05/17/2013 2:29 pm yeah people are just trying to low ball you. I think they do it because it occasionally works. Many sellers simply don't have the patience to turn down offers if they don't get many. They're playing of seller's desperation. Report this Post to the Staff
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