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Ebay "Best Offer" Ethical Question

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Pillar of the Community
arianzo's Avatar
Canada
2124 Posts
 Posted 02/24/2014  3:50 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
pocket change 50: You should (as I do) write your listing description in English AND French to help customers that don't understand properly English.
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pocket change 50's Avatar
Canada
1751 Posts
 Posted 02/27/2014  2:09 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
@ Arianzo, I would except I'm not bilingual. I only know a few word: poulet, merci, anglias, I never took French in school or university. I don't know how to use the translators either. We do mange to muddle through most times. Many French people can be a lot of fun. My late husband was bilingual, and boy when upset the French accent & phrases spewed forth to my entertainment. By the way what does bien mean?
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arianzo's Avatar
Canada
2124 Posts
 Posted 02/27/2014  9:08 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
Well, it's never late to learn a new language....

"Bien" means "good" in French and Spanish.
Pillar of the Community
jcmworld's Avatar
United States
567 Posts
 Posted 02/28/2014  11:07 pm  Show Profile   Bookmark this reply Add jcmworld to your friends list Get a Link to this Reply
copy and paste your description in English into Google Translate, il n'est pas necessaire de comprendre le francais!
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Domain555's Avatar
United States
1804 Posts
 Posted 03/01/2014  05:40 am  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
BuffaloRocks....


Quote:
So that "market" is kind of a "niche" that is out of whack with the norm. But most coins do not fall under that niche and so that discussion is for an exception.


So True .. So true
Pillar of the Community
Domain555's Avatar
United States
1804 Posts
 Posted 03/01/2014  09:12 am  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
Buffalorocks.....



Quote:
Asking 2,3,5 times "inflated" 3PG retail for a non-toned regular coin that isn't rare is what I am targeting as attempted rip-off. I don't like seeing sellers do that on ebay or anywhere. I find it ridiculous and sleazy. It is obviously trying to take advantage of an uninformed newbie. IMO, it would benefit the whole CC community to stay clear of such folks and not give them any business at all.

JMHO


Please Please do not take this the wrong way..

IMHO ... I like other CCF members, to follow their own hearts desire, regarding what to buy, in their personal collections, and what to steer clear of.

With respects to all, with different opinions on toned verses non toned coins.

One thing for SURE ... a fool and his money is quick to part with.

BTW ... I have yet to find a fool on CCF...

Have you?
Pillar of the Community
BuffalosRock's Avatar
United States
500 Posts
 Posted 03/03/2014  11:23 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
Domain555,
I didn't type nor mean CCF. I intentionally wrote CC as in "Coin Collector" community at large. As in most things, buying from rip-off artists encourages them to continue such methods. It would be in all of our best interests if these folks went out of business and stopped taking advantage of others. Big or small they hurt us all, IMO.

Yes, I have run across fools on this forum and see posts on here of folks being "messed with" by other posters in sales on ebay and so-forth. I am not one that feels it is okay for others to be ripped off as long as it isn't me. As I often say, maybe many are experienced enough in this endevor not to be suckered, but everyone has markets they are unfamiliar with that they will want to buy something in at some point. So if that market has vultures/rip-off artests in it you are susceptible to being taken. Thus such sellers are bad in any market! You may not be the "mark" in a coin sale, but no one is immune everywhere. Thus I like to promote that anything(like coins) be sleaze-free. Not just for my benefit(wasted time wading through their listings or displays at shows) but for all newbies etc. Some jerk ripping off a kid at a coin show or on ebay might deter that kid from ever buying a coin again. That is a shame! The lesson they may take is that all coin sellers are sleazebags or that the whole industry is corrupt.
Edited by BuffalosRock
03/03/2014 11:55 am
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Domain555's Avatar
United States
1804 Posts
 Posted 03/03/2014  1:12 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
Buffalorocks.....


Quote:
Some jerk ripping off a kid at a coin show or on ebay might deter that kid from ever buying a coin again. That is a shame! The lesson they may take is that all coin sellers are sleazebags or that the whole industry is corrupt.


Thank you for your follow up

I can not speak on the issue of coin shows ... because I am not into brick and mortar cost. I do sell toned coins on ebay, and to date, have made a small average profit after all fees-shipping etc.

If I sold the same un-toned (raw) grade coin ... I most likely could not clear ANY profit.

I have concluded that there is a "real" niche-demand-desire-appreciation-want for toned coins.

From only my memory, I think there was one coin that had 5 bidders.

Another coin was offered at $9.99 start ... in about 5 hours it sold at BIN @ $17.99 + $2.95 ship.

One coin was listed at $9.99 and sold BIN for $13.99 +$2.95

In your post you spoke of sleaze-free (something). In one bag of IKE's, I found a sleazy gold plated Ike. A real piece of garbage. I listed the coin at $6.99 + $2.95. SOLD at $8.00 with 2-3(?) BIDDERS.

I was carefully looking at my buyers (and bidders) -- regarding their buying area interest. They were COIN BUYERS (collectors?). None were newbies.

My feed back was 5 stars. One used the word AMAZING in her feed back.

I consider my self a collector of Ikes. And I sell or trade-sell-spend the rest. Because of my limited investment ability, selling of some of my coins helps to pay for the next bag. If I can in fact ever get a new bag.

Thanks again for your post
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BuffalosRock's Avatar
United States
500 Posts
 Posted 03/04/2014  12:13 pm  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
Domain555,
I can tell you are not the kind of seller I am talking about - by a longshot. Toned Ike's are a real specific niche. I mostly collect 1910-1945 US coins of many denominations, both raw and slabbed. So it is a different market than moderns. As long as the seller is up-front about the gold-plated Ike as an "altered coin" there is no sleaze involved. It is those that try to sell altered coins as unaltered or cleaned as non-cleaned that are being sleazy and deceptive.

I get tired of sellers listing at 200%, 300% or more of "inflated retail" for slabbed coins I know can be had for 80%-95% routinely. Some of them will even haggle down to a reasonable range once they see you aren't a sucker. But, IMO, they start at a ridiculous price hoping to get a few newbies to BITE on those coins and "get over" on them. When they know full well they are listing them at a rip-off level to start. It is logical to put a start price above your "minimum", but some take it to an extreme IMO. That is what I object to as a sleazy ploy/tactic. IMO it is unethical. Kind of like charging $50 for a dozen roses to one customer and $25 to another by profiling - not by volume or by loyalty - just because one looks like a mark willing to pay whatever you ask and the other said he has checked prices throughout your city and knows the going rate most places is $25. Or the cab driver that charges the foreigner $100 for a $40 cab ride because they can't read the meter and don't understand our monetary system. Or take a $20 bill from a blind guy instead of the $10 bill he owes. To rip-off the uneducated or vulnerable, or attempt to, is sleazy business. JMHO
Valued Member
kg5's Avatar
Australia
491 Posts
 Posted 03/05/2014  12:42 am  Show Profile   Bookmark this reply Add kg5 to your friends list Get a Link to this Reply
I do not get it!

Most sellers that are being included as having over inflated prices would be on ebay. Along with the sellers with very cheap prices.

Most people new to coins or not would do a search on ebay for what coin they are looking for and there would be in most cases quite a few of the same coins for sale to compare prices with.

The best info for someone buying from a bricks and mortar type coin seller is let the buyer beware.
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Domain555's Avatar
United States
1804 Posts
 Posted 03/05/2014  12:24 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
Buffalosrocks.............


Quote:
I get tired of sellers listing at 200%, 300% or more of "inflated retail" for slabbed coins I know can be had for 80%-95% routinely. Some of them will even haggle down to a reasonable range once they see you aren't a sucker.


We are 100% in agreement. There is a SLABBED value ... and plus or minus 5-10% seems fair.

For me, it get hairy (both buying and selling) when it is not a TPG-ed coin. All the buyer-seller has is pictures, etc. to go by.
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Domain555's Avatar
United States
1804 Posts
 Posted 03/05/2014  5:47 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
kg5........



Quote:
I do not get it!

Most sellers that are being included as having over inflated prices would be on ebay. Along with the sellers with very cheap prices.



IMHO............

That is what a MARKET is all about.

Buyers need/want to buy low.

Sellers need/want to sell high.

ebay and other sites, just let it all hang out.

Fair to say? If every single (similar) goods were priced EXACTLY IDENTICALLY? What then?

IMHO ... it's healthy to let the buyer beware ... and the wicked sellers just go out of business!
Valued Member
United States
337 Posts
 Posted 03/09/2014  6:56 pm  Show Profile   Bookmark this reply Add Henry M Smith to your friends list Get a Link to this Reply
I do not use BIN any longer, since the ridiculous offers are a problem. But, since I do not monitor ebay constantly, it would be the next time I found the offer. ebay does set a clock on it. Our hope is our customers are happy, so after a person makes an offer I either would accept it or let them know, freeing them to find an identical coin elsewhere. Or, make them a counter offer.
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arianzo's Avatar
Canada
2124 Posts
 Posted 03/09/2014  8:51 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
The ridiculous offers are not a problem since you can accept and refuse automatically an offer according your parameters.
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basebal21's Avatar
13014 Posts
 Posted 03/09/2014  9:00 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
The ridiculous offers are not a problem since you can accept and refuse automatically an offer according your parameters.


Agreed. A quick 30 second email or message with your counter can lead to a sale as well. Some people give one offer and are done with it others start low with the intention of coming up and meeting in the middle. Automatically rejecting or ignoring offers really just costs sales in the end.

Now if someone consistently offers like 5 dollars for three figure items yea by all means block them, otherwise its really just chasing away business
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