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<p>[QUOTE="omahaorange, post: 2253608, member: 28199"]There is an art to haggling, and you have to know what you want to spend, and what's a fair price for that item. I do this all the time at flea markets, where almost everything is overpriced with the expectation that you'll haggle with the seller. My approach has always been to examine the item, make an offer, listen to the counter, accept or counter that offer, and either accept or walk away. This take less than five minutes. If I think the item is way overpriced, I'll simply ask "What's the best you can do?" and if the best is not even close to what I'm willing to pay, just thank the seller and walk away. When I hear "I paid more than that..." to my offer, i usually just say Thanks and walk away. It's not worth the aggravation to tell the seller you think he overpaid. Making multiple trips to the same vendor, looking at the same items, I would imagine, just diminishes any credibility the buyer may have, and turn the seller off as a waste of time.</p><p><br /></p><p>Coin buying is no different, especially at a coin show. You again, should know what's fair, expect the dealer to make a profit, and go from there. If the price isn't right, thank the dealer and move on. You will never accomplish anything by badgering a seller.</p><p><br /></p><p>I think too many people go into this with a "what can I make on flipping this" attitude, not realizing that the seller is a retailer, not a wholesaler, so expect to pay near retail pricing for most of these items. Expecting to haggle for the sake of leaving yourself profit room, while undercutting the dealer's profit, instead of haggling to get a better retail price, is the root of the problem.[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 2253608, member: 28199"]There is an art to haggling, and you have to know what you want to spend, and what's a fair price for that item. I do this all the time at flea markets, where almost everything is overpriced with the expectation that you'll haggle with the seller. My approach has always been to examine the item, make an offer, listen to the counter, accept or counter that offer, and either accept or walk away. This take less than five minutes. If I think the item is way overpriced, I'll simply ask "What's the best you can do?" and if the best is not even close to what I'm willing to pay, just thank the seller and walk away. When I hear "I paid more than that..." to my offer, i usually just say Thanks and walk away. It's not worth the aggravation to tell the seller you think he overpaid. Making multiple trips to the same vendor, looking at the same items, I would imagine, just diminishes any credibility the buyer may have, and turn the seller off as a waste of time. Coin buying is no different, especially at a coin show. You again, should know what's fair, expect the dealer to make a profit, and go from there. If the price isn't right, thank the dealer and move on. You will never accomplish anything by badgering a seller. I think too many people go into this with a "what can I make on flipping this" attitude, not realizing that the seller is a retailer, not a wholesaler, so expect to pay near retail pricing for most of these items. Expecting to haggle for the sake of leaving yourself profit room, while undercutting the dealer's profit, instead of haggling to get a better retail price, is the root of the problem.[/QUOTE]
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