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 Replies: 56 / Views: 4,791 |
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Pillar of the Community
United States
629 Posts |
When you visit a dealers space and find a coin that interests you, typically if there is a price on the coin, do you ask for a discount?
When I ask about a coin, I fully expect to buy it from the dealer yet, I will always as if this is the final price. Do you do the same thing?
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Pillar of the Community
Canada
1733 Posts |
I simply make an offer if I'm interested ... I mean usually when I want something I have my homework done and know what it's worth to me. The price tag is interesting but it's rarely the final price except for the largest dealers.
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Pillar of the Community
United States
797 Posts |
Sometimes I will ask if that is the best price he can do if the coin has a price on it that is a little more than I think it is worth. Unless we are talking about a relatively cheap coin to begin with. I am not going to haggle if something is marked $5 and I think it is worth $4, I usually just won't buy it unless I am buying many other coins and then I offer an all inclusive price. I have had dealers knock a price down considerably more than I would expect simply by just asking if they could do any better. Sometimes there are coins/inventory they are happy to get rid of and get some money rather than have it sit there, whereas other times they know that they can sell the coin easily and have no interest in selling it for less. It never hurts to ask as long as you do it respectfully and with a fair price in mind.
Edited by spaceace
02/21/2011 12:12 pm
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Pillar of the Community
United States
3592 Posts |
As with any favor, always ask, never expect or demand. I'll bet even the tone in your voice could affect the outcome.
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Valued Member
United States
326 Posts |
Most dealers have a little wiggle room with their pricing. Can't hurt to ask what they need to get out of it. They may be trying to get rid of the piece and would be willing to discount it for you.
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Pillar of the Community
United States
1388 Posts |
I always ask if the coin is at their final price if the coin is over $75. I guess I am just wierd like that  , but it's gotten me a few good deals over the years.  |
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Pillar of the Community
United States
505 Posts |
Dealers at these shows expect to see some haggling,so dont be afraid to do so!!
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Valued Member
Canada
307 Posts |
for me if the coin is under $20.00 and fairly graded I don't haggle the price....if the coin is over $20.00 or I believe the grade may not be what is marked I will haggle but at all time treating the worker as I would expect to be treated with respect and dignity...
sometimes I get a deal and sometimes I don't.....
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Valued Member
Canada
183 Posts |
When I buy on E-Bay I try to buy from Canadian sellers, because of border BS and still our canadian dollar is still under valued by E-Bay.
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Pillar of the Community
United States
1007 Posts |
Like others have said, if it's an expensive coin I'll ask that they would take for it. Every coin dealer I've dealt with at shows has been friendly and accommodating, so it doesn't hurt to ask. Don't expect or demand a discount tho.
Besides if I feel like I got a "deal" on a sale I will be a repeat buyer.
Edited by matchbox
02/21/2011 2:47 pm
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Valued Member
Canada
276 Posts |
I don't ask for a discount if the coin is priced under $100.
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Valued Member
United States
499 Posts |
Being a dealer I can tell you that the price on the coin usually has some wiggle room. Dealers expect you to negotiate on the price. The best method I can reccomend is to ask the dealer "what is the best you can do on this?". If you are looking at more than one coin wait until you you have made all your selections before negotiating. One coin may have very little wiggle room but another may have extra that can even it out for you.
If a dealer asks you to make an offer be sure not to try to get it too cheap. At a show this weekend I had a dealer that obviously thinks I am too new to know what I am doing ask me the best I could do on a dozen Morgans that I had marked at $30 each. These were commons that were in too good a condition to melt. Knowing that he tends to try to lowball everyone I told him to make an offer. He grabbed the calculator from my side of the table (without asking)and quoted a price that figured to $19 each. I chuckled and told him that another dealer would give me $25 for these all day. He told me "yes, but he's not here today, is he?" just as the dealer walked up behind him. to make a long story short (too late!)the second dealer came back later in the day and gave me $27.50 each for them.
I guess what I am trying to say is if you want to be taken seriously make a serious offer.
Richard
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Valued Member
United States
499 Posts |
rodime
You are doing yourself a disservice. All coins have some wiggle room figured into the cost. Worst case scenerio is that you ask and the dealer doesn't budge. You still buy the coin for the price marked. Nothing ventured, nothing gained
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Valued Member
Canada
153 Posts |
Whether on the bourse or at a shop, I've found almost all dealers will give you 10-30% even without you even asking ... I go to lots of shows here in Canada and there are very very few that ever ask for the posted price unless he had too much in it to start with.
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Pillar of the Community
Canada
1554 Posts |
The good part about this economic crunch that the world is experiencing it that it's a buyers market, especially in the coin collecting Hobby! I've nailed lots of great deals on HIGH END coins that just a few years ago would have sold for 80-110% trends. Anyone walking out of a coin store and paying more than 65% trends in this day, is getting robbed.   Glenn |
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Valued Member
Guatemala
357 Posts |
I generally ask about a 'best price'.
But, I expect nothing, I'm grateful for the courtesy, and I always remember the favor.
Or, as they used to say, "What goes around, comes around..."
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Replies: 56 / Views: 4,791 |
Posted 02/21/2011 12:10 pm
