Any suggestions for a reliable online retail coin dealerthat deals “buy it now” style, not auctions? I have had awesome luck with Collectons out of Colorado, but I’d like tomove a bit out of my comfort zone and see a different inventory.
Looks like a neat site! I just really wish that people would ask at reasonable prices, it's like they are just making up numbers that sound good in their head.
I guess that's the problem, I don't like to negotiate. Plus, when the asking price is 1.5 to 2X book value, I feel like a low-baller when offering a FAIR price!
If you can be more specific about what kind of inventory you are interested in then maybe we can help you. There are plenty of good dealers out there. But if we post links to dealers selling coins in the $1000-$2000 range and you want coins in the $50-$100 range, then those links aren't going to help you much. Or if you want Lincolns and we post links for dealers selling most silver, that won't help you much either. It's pretty easy to help you, but we need to know what you want before we can do that.
You've got to be bold and don't be afraid to climb those golden stairs. Negotiating is easy, once you get the hang of it. There are numerous threads here just about that subject. The key point is to know what the true value of the item is and not getting carried away by feeling you need to BUY THAT COIN. Chances are that at a large show, there are several other examples of the same coin in equal or better condition. So shop around. A good way to start haggling is to ask (politely and when the dealer isn't busy) how much the coin is. After being told the price, ask "Is that your best price?" Nine times out of ten it wasn't and the dealer will knock off something. It never hurts to ask. I think most dealers expect it and price their coins accordingly.
I guess this is the problem. I do not like haggling, and I do not like the fact that coins are priced with haggling in mind. I also do not like being expected to make an offer with haggling in mind. For instance, the typical exchange between buyer and seller might start with the buyer saying, "$100 huh, would you take $50". If the game goes per typical, then the final price will be $75, which is what they both had in mind in the first place. Why not just skip all that crap, price the coin at $75 and I will decide whether to buy it or not.
Because there are enough collectors uncomfortable with haggling that they sell some of those coins for $100.
Unfortunately for you, haggling is an ingrained part of the game. You can either deal with it or buy exclusively at auction. You sound a bit like our young friend Detecto, complaining that the world doesn't run the way you'd like it to.
It's not that, I just hate pointless inefficiencies in any aspect of life. If the situation ends up where each party was expecting to begin with, then all the haggling in between is a waste of time and effort. Not only that, but it introduces the possibility of inadvertent insult. Why bother? This became a bit of an issue with my realtor when I was trying to buy my first house. I was looking at houses and turning them down because they were too expensive. He would say, "You need to make an offer, they do not expect to get the asking price". I eventually accepted this fact as an unfortunate reality, so I said to my realtor, "Tell them I will pay $X for the house". A couple days later my realtor says, "They counter offered at .....". I then explained to my realtor that when I say that I will pay $X, that means that I will pay $X. I'm not interested in counteroffers, if they want $X then I'll buy it, if not then I won't. He then explained to me that my offer had to be made with some wiggleroom, and if I held-fast to my offer then the seller would feel insulted. How exactly am I insulting anyone? I state my number and that's it, it's honest, and it's efficient! Needless to say, I eventually had to give my realtor my number and let him handle all of the go between.
Those "pointless inefficiencies" are what adds piquancy to coin collecting for me. I enjoy haggling and accept it as part of the coin show experience. I even haggle with my B&M guys. For me, it's fun.
Hello ska69, If you answer my question, then I can answer your question. If you ever come back to this thread, click on the "reply with quote" button.