| Author |
 Replies: 14 / Views: 1,936 |
|
|
Pillar of the Community
Canada
3692 Posts |
If a person walks into a coin store with a bag of coins looking to sell them, and the seller doesn't like the offer, can I make that person an offer? I once heard of someone giving the dealer a % of the sale because the customer came through his shop (which is, in my opinion, fair). But is it out of line to make a counter-offer right there in front of the coin dealer?  |
|
|
|
Pillar of the Community
United States
591 Posts |
Well i'd say your not going to make any friends that way and it depends on the dealer I guess.
|
|
Valued Member
United Kingdom
488 Posts |
If its a dealer you regularly deal with, I would be reluctant to make the deal in front of them. That said, if its somewhere out of town, and if indeed the seller is after a higher offer than the dealer is prepared to pay, then go for it.
www.kingstoncoincompany.co.uk
|
|
Valued Member
United States
191 Posts |
Whenever I'm looking around in my local shop and someone comes in to sell, I usually try to avoid being in the same area as the dealer sorts through sellers items. It may be bad etiquette to make an offer right there in the dealers shop. So go outside and make your offer. But consider this, If we observe a seller ignorant about what they have, being low balled by a dealer on purpose, do we have an obligation to say something?
|
|
Bedrock of the Community
United States
12437 Posts |
Quote:
But is it out of line to make a counter-offer right there in front of the coin dealer? Yes, behavior like that will get you banned from most shops. |
|
Pillar of the Community
United States
797 Posts |
Maybe if you really wanted something you could just ask the shop owner if he minds giving you a chance at something if he doesn't want to buy them. Of course at that point I think it is best to exchange numbers or meet somewhere else rather than take up the shops space and time with a personal deal. I was at a shop I go to often and there were only 2 people in there at the time. I asked the owner if he had some mint sets and after he checked and said he didn't have them, one of the other customers said that he should bring some of his extras in because he had what I wanted. I didn't really say much becausethe sets I wanted are fairly easy to find and cheap. If he would have had something a little tougher to find I might have told him to call me if he wanted to sell it or something.
Edited by spaceace
10/21/2010 12:48 pm
|
|
Valued Member
United States
121 Posts |
I am a firm believer in getting to know your local dealers. I got to know my dealer before I moved and he would call me up if he came across something I was interested in and he was not, In return I would through a little business his way etc.
|
|
Pillar of the Community
United States
2602 Posts |
Do you have an obligation to say something on a low ball offer? I guess that depends on how low it is. Dealers have to offer less than grey sheet to make money for a living and pay for personnel, advertisements, the shop lease fees, electricity, water, etc. If the low ball is like 10% of grey sheet I'd step in and whisper to the seller that you'd like to talk to them privately outside in a few minutes about this collection. If the seller follows you outside, then you can tell the seller your thoughts openly outside of dealer's earshot. If seller doesn't follow you, then you tried and the dealer will get a great deal.
|
|
Pillar of the Community
United States
1534 Posts |
Quote:
Yes, behavior like that will get you banned from most shops.  It's the dealer's shop and the dealer has the right to offer to buy or sell at whatever price he/she wants. |
|
Pillar of the Community
United States
2120 Posts |
Quote:
Maybe if you really wanted something you could just ask the shop owner if he minds giving you a chance at something if he doesn't want to buy them. I've done this before. some one brought in a bunch of stuff, the dealer picked through it, bought what he wanted and declined the rest. There were some items I was interested in and asked the dealer if it was alright for me to negotiate with the customer. He said go ahead and gave a word of non-responsibility etc. worked out well for everyone IMO. |
|
Pillar of the Community
United States
2049 Posts |
Quote:
If its a dealer you regularly deal with, I would be reluctant to make the deal in front of them. That said, if its somewhere out of town, and if indeed the seller is after a higher offer than the dealer is prepared to pay, then go for it. 100% wrong answer. How is this ok in your opinion? Sorry got interupted at work and hit submit before I was done...lol. I guess I dont see where it matters if it's your hometown or another town you're visiting. Etiquette should apply in both areas so I am at a loss how anyone can think it's ok to do this in a place you happen to be visiting. Perhaps your comment was tongue-in-cheek? Edited by CoinHunter53562
10/21/2010 7:57 pm
|
|
Pillar of the Community
United States
5604 Posts |
I frequent many coin shops, I have a favorite and if some one walks in and the Dealer is not interested in the sellers coins, my dealer will ask me, knowing what I like, If I want to make an offer, go right ahead.
I have a great relationship with some dealers, this has happened plenty of times, I have done very well and the seller also was very happy.
I do feel that it is very poor taste to just up and make the seller an offer in another persons place of business, I also agree, I do not care where you are, manners, etiquette, and respect are always in use, where ever you are, but in today's society, many things are NOT what they were or should be, just my opinion......
|
|
Pillar of the Community
United States
1659 Posts |
Quote:
But is it out of line to make a counter-offer right there in front of the coin dealer? This would be very poor etiquette regardless of what store it is. You would likely get asked to leave the store and not return. Quote:
I frequent many coin shops, I have a favorite and if some one walks in and the Dealer is not interested in the sellers coins, my dealer will ask me, knowing what I like, If I want to make an offer, go right ahead. Now this on the other hand is a different circumstance. I see nothing wrong with this. In my opinion this is perfectly acceptable if the dealer invites you to make an offer on something they are not interested in. It's awesome to have that kind of rapport with your local dealer. |
|
Pillar of the Community
United States
2049 Posts |
Quote:
I frequent many coin shops, I have a favorite and if some one walks in and the Dealer is not interested in the sellers coins, my dealer will ask me, knowing what I like, If I want to make an offer, go right ahead.
I have a great relationship with some dealers, this has happened plenty of times, I have done very well and the seller also was very happy.{/quote]
Totally acceptable since the dealer gave you the ok to make the deal once he passed on it. It's a win-win-win. The dealer looks good for helping the seller out, you get a chance to pick up some coins, and the seller gets to accomplish their goal of unloading what they dont want.
[quote]I do feel that it is very poor taste to just up and make the seller an offer in another persons place of business, I also agree, I do not care where you are, manners, etiquette, and respect are always in use, where ever you are, but in today's society, many things are NOT what they were or should be, just my opinion...... Agree 100%. In today's society, people seem to be alot more rude and disrespectful than what I remember growing up. If anyone ever did this while I was working at a shop, that person would be asked to leave immediately and not allowed to come back ever again. |
|
Bedrock of the Community
United States
20753 Posts |
My way of thinking is if it's a store you go to often or even once in a while, making an offer to a customer is just out of line and may well make your presence there in the future unwelcome. Of course there are some factors to think about. Do you really care about that place in the future? If not, make an offer. If the person behind the counter the owner of a hired person that also doesn't care? Are the items worth possibly being banned from that place? And too if the customer is about to leave not making a deal, then the thing I'd do is go after that customer and make the offer outside the store. Of course they may call the police thinking your a crook. At one coin show a person walked up to a dealer with a large bag of Mercury dimes. I overheard the dealer say I'll give you double face value and there was about a thousand of them. I didn't say anything but sure wish today I'd have said something. I never saw that dealer again so I really shouldn't have cared. At a gun store a customer in front of me produced a Mauser BroomHandle Pistol. The person behind the counter said OH ,this is what you were talking about on the phone. It's really old so I have to drop the value to $55. The customer took that. Today I'm sorry I didn't jump in with a $100 offer but to late. My summation is if you think something is worth it, go for it. Why keep saying in the future Shoulda, Coulda, Woulda?  |
| |
Replies: 14 / Views: 1,936 |
|
Posted 10/21/2010 11:39 am
