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<p>[QUOTE="ddddd, post: 4108425, member: 22377"]In the end for me, it comes down to both parties showing each other some respect. What has really soured me on the people that ask the "what's your best offer" question is that most don't have the decency to even respond after I give a better price. If people asked the question and then courteously replied (either "yes I can do that" or "unfortunately that is more than I can spend") I would have a better view overall.</p><p><br /></p><p>As for the PL coin example, I can see both sides. First, if it is listed on eBay, I can understand the seller not wanting to take $2,000 on a coin that they may have bought for around the same $1,600 (it's $200 in eBay fees, $60 in PayPal fees, and some more for shipping/insurance). Also, for something like a PL coin (or a toned coin), there might not be enough comps to say whether or not the $1,600 price was high, low, or accurate. It could have been in a mid-week HA auction where less people were following it (so it went low) or it could have been a major auction with plenty of attention (so it went high). Plus, it depends if the seller is a dealer who makes a living selling or just another collector who is ok keeping the coin unless their moon money price is reached. On the other hand, if the coin has sat around and/or the person isn't too fond of it, then I think they should let it go, take the small profit, and move on to a new coin.</p><p><br /></p><p>As an example (with lower dollar amounts involved), I have a toner that I really like. I bought it for ~$250 and put it for sale at ~$550. Some people have offered low-mid $200s and some have gone a bit above $300. I have no desire to come down much from my $550 as I like the coin. At $500-$550 I'd take the offer and can use the funds to buy a new coin that I like. However, at $300 it's not worth it as I can't replace it with something even remotely as nice. Another case was a toner I bought for $300. It slipped by in an auction and could easily have sold for $500-$600 (based on close enough items). I also wanted $500 for it (based on the market) but I didn't really love it. When someone offered $400, I was happy to let it go and not hold out for max money.[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 4108425, member: 22377"]In the end for me, it comes down to both parties showing each other some respect. What has really soured me on the people that ask the "what's your best offer" question is that most don't have the decency to even respond after I give a better price. If people asked the question and then courteously replied (either "yes I can do that" or "unfortunately that is more than I can spend") I would have a better view overall. As for the PL coin example, I can see both sides. First, if it is listed on eBay, I can understand the seller not wanting to take $2,000 on a coin that they may have bought for around the same $1,600 (it's $200 in eBay fees, $60 in PayPal fees, and some more for shipping/insurance). Also, for something like a PL coin (or a toned coin), there might not be enough comps to say whether or not the $1,600 price was high, low, or accurate. It could have been in a mid-week HA auction where less people were following it (so it went low) or it could have been a major auction with plenty of attention (so it went high). Plus, it depends if the seller is a dealer who makes a living selling or just another collector who is ok keeping the coin unless their moon money price is reached. On the other hand, if the coin has sat around and/or the person isn't too fond of it, then I think they should let it go, take the small profit, and move on to a new coin. As an example (with lower dollar amounts involved), I have a toner that I really like. I bought it for ~$250 and put it for sale at ~$550. Some people have offered low-mid $200s and some have gone a bit above $300. I have no desire to come down much from my $550 as I like the coin. At $500-$550 I'd take the offer and can use the funds to buy a new coin that I like. However, at $300 it's not worth it as I can't replace it with something even remotely as nice. Another case was a toner I bought for $300. It slipped by in an auction and could easily have sold for $500-$600 (based on close enough items). I also wanted $500 for it (based on the market) but I didn't really love it. When someone offered $400, I was happy to let it go and not hold out for max money.[/QUOTE]
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