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<p>[QUOTE="Player11, post: 1047782, member: 26725"]I get these calls all the time at the shop. I have no problem telling them what I pay (75-85% of melt on junk silver). If I am confident I can blow most of it out at a show at a decent price I may pay more. My offers are based on my assessment of current market conditions. Considering they areen't paying worth a hoot on the Bay for a lot of this stuff plus it costs me at least 12% of sales to sell there are many who don't like what I pay and don't show anyway. Let them sell it on the Bay then. On numismatic material I simply tell them "I will need to see it to give you my best offer." I usuaally qoute a buy price of 60-65% of CDN Bid for this. Man of them walk but what we buy my assistant lists it and moves it on the Bay for me. I recently had a huge collection of Commems walk in and we flipped it all in about 2 weeks and kept about 10% of it for retail shop customers. </p><p> </p><p>Many collectors, full of message board Koolaid, have an inflated idea of what they can get for their stuff. I run a business and my buy offer is based on what I can move it for right now and make a decent profit that makes it worth my while.[/QUOTE]</p><p><br /></p>
[QUOTE="Player11, post: 1047782, member: 26725"]I get these calls all the time at the shop. I have no problem telling them what I pay (75-85% of melt on junk silver). If I am confident I can blow most of it out at a show at a decent price I may pay more. My offers are based on my assessment of current market conditions. Considering they areen't paying worth a hoot on the Bay for a lot of this stuff plus it costs me at least 12% of sales to sell there are many who don't like what I pay and don't show anyway. Let them sell it on the Bay then. On numismatic material I simply tell them "I will need to see it to give you my best offer." I usuaally qoute a buy price of 60-65% of CDN Bid for this. Man of them walk but what we buy my assistant lists it and moves it on the Bay for me. I recently had a huge collection of Commems walk in and we flipped it all in about 2 weeks and kept about 10% of it for retail shop customers. Many collectors, full of message board Koolaid, have an inflated idea of what they can get for their stuff. I run a business and my buy offer is based on what I can move it for right now and make a decent profit that makes it worth my while.[/QUOTE]
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Bad experience at new coin shop
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