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Replies: 74 / Views: 7,046 |
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Pillar of the Community
United States
2208 Posts |
I've never haggled over a coin. I have never even thought to do so. If I find a coin I want, and it's in my price range, I simply buy it.
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Pillar of the Community
United States
3193 Posts |
Everytime - all the time - Coin shows, local dealer, you name it and I'll haggle. My local coin guy would be insulted if I didn't haggle! He's a great guy and always works with me on price. Never hurts to ask and you and the dealer both win once the transaction is complete.
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Pillar of the Community
United States
4211 Posts |
I buy most of my coins at 3 different coin shows offered each year. I have my "favorite" dealer and my "want list". I don't haggle with my favorite because he treats me fairly. I will always go to ebay and put some of the coins on my want list in a watch list a month or so out to see the final price they bring so I have an idea of a "fair" price to pay. Sometimes my #1 dealer does not have everything I am looking for. I always bring cash and if I have $150 in mind and they say $200 I will just thank them but if they say $175 I hesitate slightly and say "I was hoping for closer to the $150 range and see where that goes. And as someone else mentioned I never haggle on bullion coins. I know those profits are already slim.
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Pillar of the Community
United States
1037 Posts |
I haggle whenever the opportunity arises. On ebay, if the seller has the "Make offer" option, I will.
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Pillar of the Community
United Kingdom
2624 Posts |
I am not fond of haggling and won't drive dealers mad (some people chip away at a price for ages...) but its worth asking on any significant item.
I ask "is that the best price?" and most people give a bit off... then I try to group a few bits together and get further discount. Larger items I might tell them "I'd be happier at x" or I only really budgeted such and such...
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Pillar of the Community
Australia
7096 Posts |
I do get cheeky and haggle occasionally Mainly for the fun of it But usually if I see a coin that I really want/need I will just hand over the cash asked and thankfully grab the coin. If I see something that is way overpriced I will just walk away, Far easier than trying to get someone to alter their price as there are always other coins available that are reasonably priced.
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Valued Member
Canada
127 Posts |
I always haggle, it's second nature to me. On that note though, my haggle is always a fair market offer and because of this I have success 95 percent of the time. If someone chooses not to accept my offer, theres zero hard feelings. I understand if they feel they can get more for it, and I would do the same in their circumstance.
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Pillar of the Community
United States
3516 Posts |
I haggle ALL the time. As a youngster, I obviously don't have a ton of money, so I try to get the best price, over my large sum of 14 years, I have learned a few tecniques that help me a lot. One, it is called being a kid. Most people will kind of go lower to sell to a kid, because they want to continue the hobby on to the next generation, I got a 1934 20 bill for 21 dollars. And the best part is, it is a trianary, and a repeater, whats there to lose! Number two is to point out the problems of the coin, that can convince the seller to lower their price.Lastly is the most risky way, to just walk away, maybe, just maybe will the seller call you back to discuss a price. I also use some other nifty tricks. One is called the add on trick. If you have been haggling with a seller, and they finally say a price you like, you need to already have something on the side, that you add on. You say, yeah I'll take that price, with this! And it works, just an extra way to get more bang for your buck. And lastly, is one I use a LOT at garage sales. I call it, the name your own price. I have used it only once, because it is a rare tool to use. I was at a garage sale, and I talked to the guy a lot, and he liked me. So I was looking through his jewelry box. First I found a big chunky ring marked 925. Offered him 25 cents and he took it. Next I found a huge choker marked 925 mexico. Offered him a buck. He took it. Found one more thinner necklace marked sterling, paid 50 cents and he took it. Last but not least he had what looked like a glass football thing. Paid 50 cents for it and left. Turns out to be a rare Tiffany crystal paperweight that was issued at the 1999 Orange bowl. Just a regular one not from the rose bowl retails for 100 bucks. Talk about profit! But back to the silver. I paid $1.75 for all of it and I went to my LCS with my mom, she thought I might make a buck or two. Turned out to be around 1 and 3/4 ounces of silver and I got 30 bucks for it. My mom was astonished. She said, are there any more garage sales you want to go to honey! But anyways, long story short, bargianing or haggling, whatever you want to call it, it is a way of life for me.
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Pillar of the Community
United States
968 Posts |
I hate haggling but I've learned to ask "what is the best price you can give me on this?". That usually gets you a discount without hardcore haggling. If you know what the coin is worth then at that point you can decide if the price is right. The more coins you buy at a time the better the price usually.
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Pillar of the Community
United States
632 Posts |
I don't haggle but I have experienced many many times at shows and my local dealer that if the total bill is zay $21.75 I will be told a twenty will be good. A lot of times at my local dealer I'll pick up some coins and then some airtight for them and they'll just throw the airtights in. Personally, I don't get any pleasure being a haggling pain and I'd rather have a dealer appreciate that and give me something extra than me having to argue why I should be paying less than what they're asking for.
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Pillar of the Community
United States
946 Posts |
I find some dealers find haggling as part of the process,others,price as is. It wont hurt if you kindly ask if "is this you're best price"/ most of the time ill be able to knock off 5-25$ maybe even more. All depends on the vibe you get out of a dealer.
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Valued Member
United States
63 Posts |
Right now I'm working on filling some Whitman folders with modern coins and I'm not going to haggle with a coin dealer at a coin show over a coin for under $1, but will ask what a coin dealers best price is on bigger ticket items like the Peace dollar set I'm also working on completing.
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Pillar of the Community
United States
1795 Posts |
I haggle when they say "make an offer" its almost habit forming not too but I will haggle when I'm purchasing more than one ipso facto bought 4 aluminum (50 count) coin storage boxes on ebay and saved $60-90 off of the offers I received from dealers . I also realize that when its a good price one must not be too unrespectful in their offer.
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Pillar of the Community
Canada
4911 Posts |
i always haggle, especially at shows. my go to way is I ask something along the lines of "what's the best you can do for this" and if I like the price I will pay, if not I will try haggling lower as usually they still have a bit of room below their "best price". I especially like the last day of shows where it seems some dealers are very desperate to sell things to even make attending worth while. I had one dealer who had stuff priced a bit high but cut the prices by 50% if I even showed slight interest in the item and if I seemed undecided or not interested he'd keep going lower.
Feel free to call me Will.
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Valued Member
United States
426 Posts |
As a collector of Mexican coins in the midwest, I always haggle aggressively but also respectfully because I know very well that if a need to sell were to arise outside of selling online I am not going to get anything for the coins I have as demand is still very low and most people aren't familiar with my coins. I learned this the hard way about 10 years ago trying to sell a few Mexican 8 Reales at a coin show.
Edited by RealPeso 10/17/2016 10:15 pm
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Replies: 74 / Views: 7,046 |