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<p>[QUOTE="TheCoinGeezer, post: 1470037, member: 34700"]Clearly many eBay sellers are willing to negotiate on their asking price, hence the "Best Offer" function.</p><p>My philosophy is "If you don't ask, you don't get!"</p><p>The secret is FRIENDLY negotiation.</p><p>I don't try to beat the seller down to the last cent but I DO want to optimize my buying power.</p><p>It's tough to negotiate with a dealer on PM prices, they pretty much have a fixed spread and rarely vary from it, except in the case of a high volume purchaser.</p><p>OTOH dealers at coin shows I've attended seem more than willing to haggle a bit, so I figure, what the heck, I may as well ask! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p>Example:</p><p>I see coin "A". It's a nice example of a coin I would like for my collection and I want it (at my price).</p><p>Since I pretty much know the market values of the coins I need, I know what my bottom line will be.</p><p>I'll politely ask the dealer to see the coin WHEN HE'S NOT BUSY with other customers.</p><p>After examining it to make sure it's what it appears to be, I'll ask the dealer his price.</p><p><b>Regardless of what he says</b>, I'll ALWAYS ask "Is that your best price?"</p><p>If it is and I think it's worth it, then I'll close the deal right there.</p><p>If he offers a lower price and I think it it's worth it, then the deal is made.</p><p>If he offers a lower price but one I still feel is too high, I'll counter with a fair market offer, which he is free to take or leave.</p><p>If he takes it, the deal is made.</p><p>If he leaves it, the negotiating is done and he can try to sell the coin to someone else who wants it more than I do.</p><p>Never do I put down either the coin or the seller.</p><p>What I DON'T like to hear is "I've gotta get X, since I have Y in it already."</p><p>Frankly I simply do not care what the dealer paid for it. </p><p>If he overpaid, it's not up to me to subsidize his poor business acumen.</p><p>When I hear that dreaded phrase, I pretty much know that negotiating is a waste of my time and his and I just move on.</p><p>Since my numismatic budget simply does not allow for me to purchase ultra-rarities, I'm pretty sure another coin will come along sooner or later. </p><p>No need to overpay or get aggravated.[/QUOTE]</p><p><br /></p>
[QUOTE="TheCoinGeezer, post: 1470037, member: 34700"]Clearly many eBay sellers are willing to negotiate on their asking price, hence the "Best Offer" function. My philosophy is "If you don't ask, you don't get!" The secret is FRIENDLY negotiation. I don't try to beat the seller down to the last cent but I DO want to optimize my buying power. It's tough to negotiate with a dealer on PM prices, they pretty much have a fixed spread and rarely vary from it, except in the case of a high volume purchaser. OTOH dealers at coin shows I've attended seem more than willing to haggle a bit, so I figure, what the heck, I may as well ask! :) Example: I see coin "A". It's a nice example of a coin I would like for my collection and I want it (at my price). Since I pretty much know the market values of the coins I need, I know what my bottom line will be. I'll politely ask the dealer to see the coin WHEN HE'S NOT BUSY with other customers. After examining it to make sure it's what it appears to be, I'll ask the dealer his price. [B]Regardless of what he says[/B], I'll ALWAYS ask "Is that your best price?" If it is and I think it's worth it, then I'll close the deal right there. If he offers a lower price and I think it it's worth it, then the deal is made. If he offers a lower price but one I still feel is too high, I'll counter with a fair market offer, which he is free to take or leave. If he takes it, the deal is made. If he leaves it, the negotiating is done and he can try to sell the coin to someone else who wants it more than I do. Never do I put down either the coin or the seller. What I DON'T like to hear is "I've gotta get X, since I have Y in it already." Frankly I simply do not care what the dealer paid for it. If he overpaid, it's not up to me to subsidize his poor business acumen. When I hear that dreaded phrase, I pretty much know that negotiating is a waste of my time and his and I just move on. Since my numismatic budget simply does not allow for me to purchase ultra-rarities, I'm pretty sure another coin will come along sooner or later. No need to overpay or get aggravated.[/QUOTE]
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