I'm far too new at this to haggle effectively--I'd need to be a lot more confident of coins' worth before I'd go there. But I'm not sure haggling is the done thing anyway.
To experienced collectors, do you haggle with dealers over coin prices or just walk away if they've priced it too high?
Like davec13 said, the worst thing that you can be told is "NO". The best thing you can be told is "Yes, I'll accept your offer..." At that point, you both win
When I go to coin shows I always haggle . However if a dealer is ridiculously high priced I just walk away . When I haggle and get a coin at my price I get a good feeling and leave the show with a smile on my face .
If there's something I like I make sure I know what a fair price rang is that I want to pay. I then will say what's your best price for this. If it's close I don't argue and don't mind paying their asking. If it's too far away I say thank you and move on.... If I wanted say $80 but they were saying $100 ... I keep looking for perhaps another coin and bundle.. If I can't find anything then I just pass.....
Always haggle. Especially at coin shows. Dealer's almost always have that negotiating "wiggle room" built into the price. Worst they can say is No.
Being knowledgeable about fair market value of coins helps in spotting which coins to haggle for, or not to haggle for.
However, If a coin is priced fairly I won't insult the dealer by haggling, I'll just pay the price no questions asked. Sometimes paying up for one coin will make the dealer more inclined to negotiating the price on another coin. And Bundling several coins or lots into one larger purchase is the best way to get a better deal.
I've managed to get good deals using these methods and more often than not I'm able to get a better price on coins. And it has also helped me in building relationships with sellers.
I don't haggle; it's not really a part of Australian culture, and I'm a shy, introverted person anyway. If a dealer wants to give me a discount off the marked price because I'm a friend or loyal customer, fine, I'll take it. But I'd never presume to ask for a discount.
I've been around coin shows a lot, over the past few decades, and most of the dealers offer me a discount. I know one dealer in my town, who's notorious for never haggling or giving discounts, to anybody. He gives discounts to me.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Yes, haggle, but up to a point. Someone said that there is an art to it, which is quite correct. Some of many points:
1. Don't ask for extreme discounts. I know one dealer who deliberately over-prices items for a certain customer so he can give him "bigger" discounts. 2. Don't ask for discounts on stuff priced at bullion value 3. Don't ask for a discount if given a fair price on an unpriced lot 4. Do establish relationships. Repeat customers get better deals and may be offered first crack at new material.
When I go to a yard sale and I see something that I need priced very low ,I'll just pay that price . But if it's too high I will haggle with them . Most often they will accept my offer .
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Posted 10/05/2016 8:30 pm
