I was reading the latest edition of NCNA Journal and really liked this article. I'm sure we all know someone that needs to learn to “Simply Pass.”
A lot of folks would think that many folks back east.....northeast.......NY metro, lack a certain bit of 'class', but what Allan has illustrated in this article has outlined my modus operandi. Then again, I'm an amiable sort, not a classy one.....
The article is written from a buyer perspective but I think it could easily be switched around and hold true for a dealer. Many times dealers have a hard time just saying "No thank you".
I follow this more or less to the letter. My other main rule is that I'd rather pay a fair price for an excellent coin than an excellent price for a fair coin.
It's just about respect, we all grade coins according to how we see them with our own eyes and as a reflection of what we would give for it, the difference is that most would have the respect to not publicly call out flaws. I'd like to think that all dealers are honest, and the fact is that I've really had a good go of it, but it is simply more respectable to pass than try to call out a dealer who has paid for their place at the show. I wouldn't find it unreasonable to point out a glaring flaw for the purpose of negotiation though, we are all just trying to improve our collections the best we can after all.
There's another way to "pass," and I'm using it more and more. I have a LOT of stuff on CraigsList, and when I get a lowball offer or an insulting comment, I don't reply at all (and the perp doesn't get my email address). I sell about $20 a week, and considering it's totally free, and the buyer comes to me, that's adequate. Someday all that c--p will be gone.