Bad experiences with dealers

Discussion in 'Coin Chat' started by kaosleeroy108, Mar 15, 2017.

  1. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    No it's not.. but when I know something is only worth 500$ and you sit there trying to sell it for 1000.. of course I'm going to lean closer to 500$

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    Paul M. likes this.
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  3. SuperDave

    SuperDave Free the Cartwheels!

    Absolutely, and that's why I'm trying to walk the line here between disapproving of lowball offers and understanding why they're necessary. I (the seller) expect you (the buyer) to have an idea what the coin is worth, and if my asking price is relatively close to that and you still lowball me, I'm just going to ignore you without bothering to reply.

    In other words, I'm going to offer your price the same respect you offered mine. :)
     
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  4. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    I am thankful for that

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  5. Santinidollar

    Santinidollar Supporter! Supporter

    When I know a coin is only worth half of a seller's asking price, I'm out of there without further adieu.
     
  6. Paul M.

    Paul M. Well-Known Member

    I agree with this 100%. Unless we're talking about some truly rare coin or something else equally special, I will just bypass something that's priced at double what I think is fair to pay. Now, "what I think is fair to pay" is not always what the Greysheet or any other price guide says, and I am quite willing to pay higher than price guides for something nice, but I have my limits. :)

    It's actually "without further ado," but I agree, and commend your French spelling. :p
     
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  7. Insider

    Insider Talent on loan from...

    Some people would rather block other people (ignore them) or block unrealistic bidders rather than spend time to deal with them in a discussion or reject their bids. In your case, I'm on the dealer's side. :sorry: Good thing for you is that sooner or later, some needy seller might take one of your lowball offers.:)
     
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  8. mynamespat

    mynamespat Well-Known Member

    There is an option to reject offers below a certain price.
     
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  9. Santinidollar

    Santinidollar Supporter! Supporter

    Being from Texas, I am accused of having enough trouble with the English language.:wacky:
     
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  10. Santinidollar

    Santinidollar Supporter! Supporter

    Before considering a bid, I do my homework on the coin: checking auction results, price guides, etc.

    What I typically find is that many eBay sellers (especially the ones with good reputations) have market-competitive prices on their coins. If they are offering an offer feature on the coin, I consider acceptance of a 10 percent reduction to be more than fair -- and sometimes a really good score.
     
    Paul M. likes this.
  11. scottishmoney

    scottishmoney Buh bye

    Edited... Language. Porque yo digo a
     
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  12. SuperDave

    SuperDave Free the Cartwheels!

    ....which is usually how I ignore such offers. :)
     
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  13. C-B-D

    C-B-D Well-Known Member

    I offered on a seller's coin once and was blocked for not accepting his counteroffer.

    The coin was listed for $220, I think. I offered $175, which was my very best offer. He countered $183 and I declined it. So he sent me a hateful message about why I wouldn't come up $8 more and said he was tired of me declining his counter offers (because I had done this before on a couple other coins in the past with him). I replied that when I make a best offer, it's always my "best offer!" But the reply never went through, because he had already blocked me.
     
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  14. coin_analyst

    coin_analyst Member

    I take all emotion out of it and deal with numbers. I have NO PROBLEM with being low-balled. I simply decline or counter. No reason to get all worked up over it. It's business, after all.


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  15. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    This is 2 different cases 1st that issue is the dealer sold the coin at another venue , after he told me he relisted the item .. so there fore he deserves the negative feedback .. what he should have done was take it down. And not relisted , fyi I was able to leave 2 negative feedback because the first bid had conditions under it that I would pay within 2 weeks of the by date which he accepted, the second issue was to be paid that day or the following day and the guy slash dealer went and sold it over the weekend at a coin show knowing I already purchased it and has paid for it

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    Last edited: Mar 15, 2017
  16. Blissskr

    Blissskr Well-Known Member

    I used to be similar but upon realizing it costs me absolutely nothing to make an offer anyways, I've since found that about 30-40% of the time sellers are willing to negotiate to a reasonable price. And that's often despite an astronomical starting BIN. You really can't blame a guy fishing for a sucker whose willing to overpay. At the same time one isn't going to catch any fish deciding not to even cast a line because they don't see any fish breaking the surface and decide the ponds empty.
     
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  17. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    You seem to be under the impression that you've some magical right to buy whatever it is you want at the price you want. Sorry to break it to you, but that's not how life works. Even assuming you're right regarding a reasonable value, which history suggests may or may not be a stretch, it doesn't matter. The item belongs to the seller and he has every right to ask for it however much he pleases. Instead of crying about it, simply move on.

    For every seller who over-prices/over-values a coin, there are numerous collectors who will undervalue it and automatically blame the dealer/seller simply because they're not getting their way. Just as dealers are forced to live with the latter, collectors must learn to live with the former.
     
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  18. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    Great notion

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  19. Conder101

    Conder101 Numismatist

    True, even most auction houses reject offhand bids that are less than 80% of the estimate.

    Yes there is, you're on one. Lots of sellers on here.
     
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  20. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    No, no, no... it's right there in the link, Leeroy. One "case", one coin lot, two negs. You bid on the lot even though you didn't have the money to pay for it, and simply expected the seller to accommodate you. He quite reasonably said no, but did welcome you to bid again on the relist. You did, and happened to win it for less than half the original price, so the guy told you it was sold elsewhere simply because he wasn't going to reward you for playing nonsense kid games. Had you not screwed him on the first listing, you may have had a leg to stand on, but no... you negged him TWICE, including for the listing you bid on without having the ability to pay for. The only one who "deserves" negative feedback is you.



    image.jpeg

    The whole point is that you need to take a look at yourself before pointing the finger at others. In the OP you even admit to having your "share" of unpaid item strikes, yet dismiss it as if meaningless even though it says much about your eBay behavior. This very thread exists because you're bothered by the fact someone didn't want to be hassled by your likely lowballing, yet chances are the only one unreasonable here is you. Of course this could be cleared up if you just posted the link to the listing in question...
     
  21. Santinidollar

    Santinidollar Supporter! Supporter

    Good way to have a good buyer's rating on eBay: pay immediately after agreeing to buy or ASAP after an auction win. I can't help but think a clean rating might make a seller more willing to negotiate. It sure can't hurt.
     
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