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<p>[QUOTE="maridvnvm, post: 3332633, member: 31620"]I use it regularly. If I see something that I really want and think that I will miss it is I don't BiN then I BiN. Some sellers will accept offers but these are often between 90-95% of the BiN. You learn what to expect from certain sellers.</p><p><br /></p><p>I had a case recently where a seller I have bought from regularly has bough an entire collection. He is listing the coins with a BiN and "Best Offer" without having done any research (many of the emperors were incorrectly identified etc.). The BiN prices were simply his best guess of getting his money back quickly. I initially made a "BestOffer" on two coins at about 60-70% of the BiN, which were accepted immediately. He continued to list coins and I offered between 50-60% on a further five coins, all offers were accepted. His BiN were below retail, my offers were therefore well below retail. For many of his coins the BiN was above what I would have considered retail (every coin was prices at one of £25, 30 or £40).</p><p><br /></p><p>I was not the only one doing this. I missed out on a few coins that have since turned up in dealer inventory (at many times the BiN price let alone the BestOffer price) and have sold.</p><p><br /></p><p>Sometimes it works well for me quite often it doesn't. I don't really care if someone rejects a lowball offer from me. They often come back with a counteroffer.[/QUOTE]</p><p><br /></p>
[QUOTE="maridvnvm, post: 3332633, member: 31620"]I use it regularly. If I see something that I really want and think that I will miss it is I don't BiN then I BiN. Some sellers will accept offers but these are often between 90-95% of the BiN. You learn what to expect from certain sellers. I had a case recently where a seller I have bought from regularly has bough an entire collection. He is listing the coins with a BiN and "Best Offer" without having done any research (many of the emperors were incorrectly identified etc.). The BiN prices were simply his best guess of getting his money back quickly. I initially made a "BestOffer" on two coins at about 60-70% of the BiN, which were accepted immediately. He continued to list coins and I offered between 50-60% on a further five coins, all offers were accepted. His BiN were below retail, my offers were therefore well below retail. For many of his coins the BiN was above what I would have considered retail (every coin was prices at one of £25, 30 or £40). I was not the only one doing this. I missed out on a few coins that have since turned up in dealer inventory (at many times the BiN price let alone the BestOffer price) and have sold. Sometimes it works well for me quite often it doesn't. I don't really care if someone rejects a lowball offer from me. They often come back with a counteroffer.[/QUOTE]
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