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<p>[QUOTE="omahaorange, post: 1603221, member: 28199"]First, know the fair market value of the particular coin. I know this was said before, but bears repeating. If you're looking for the steal of the day, most of these guys are on to that. You're only wasting everybody's time. Some will price high, just because of the haggling, so when you agree on a price that's lower than marked, you think you got a bargain, even if you paid Red Book price. In this day and age of tablets and smart phones, there is no reason not to check a site like Numismedia before starting the negotiation. Don't come off as a know-it-all, but don't be meek either. Knowledge is always the key.</p><p><br /></p><p>Beware, as well, of the seller who says "I can get more than that on eBay". As soon as I hear that, I thank the dealer and walk away. Don't fall for the "I have more than that in it" line either". I don't care that you overpaid, I'm not covering your loss. I stop the negotiation at that point, say thanks, and walk away. Again, knowing fair market value is the key.</p><p><br /></p><p>Building a relationship with a trusted seller is also important. Guy I deal with on a regular basis requires no haggling. I have an automatic 20% off any marked prices. If still not in line with fair market value, he knows I won't hesitate to pull the Droid off my hip and double check it. He also knows what I buy goes into my collection, not on eBay or Craig's list for a quick flip.</p><p><br /></p><p>Haggling is not a war, there are no real winners and losers if done right. Most dealers expect some haggling from a customer. It's when the customer (or the seller) becomes unreasonable or demanding that haggling turns bad. Be polite, be respectful, know what you're looking at, and when all else fails, simply say "thanks, anyway", and walk away. Haggle off the fair market value (it's okay to expect a little leeway on both sides of that price). If that doesn't work, wait. Another coin will come up. Be patient.[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 1603221, member: 28199"]First, know the fair market value of the particular coin. I know this was said before, but bears repeating. If you're looking for the steal of the day, most of these guys are on to that. You're only wasting everybody's time. Some will price high, just because of the haggling, so when you agree on a price that's lower than marked, you think you got a bargain, even if you paid Red Book price. In this day and age of tablets and smart phones, there is no reason not to check a site like Numismedia before starting the negotiation. Don't come off as a know-it-all, but don't be meek either. Knowledge is always the key. Beware, as well, of the seller who says "I can get more than that on eBay". As soon as I hear that, I thank the dealer and walk away. Don't fall for the "I have more than that in it" line either". I don't care that you overpaid, I'm not covering your loss. I stop the negotiation at that point, say thanks, and walk away. Again, knowing fair market value is the key. Building a relationship with a trusted seller is also important. Guy I deal with on a regular basis requires no haggling. I have an automatic 20% off any marked prices. If still not in line with fair market value, he knows I won't hesitate to pull the Droid off my hip and double check it. He also knows what I buy goes into my collection, not on eBay or Craig's list for a quick flip. Haggling is not a war, there are no real winners and losers if done right. Most dealers expect some haggling from a customer. It's when the customer (or the seller) becomes unreasonable or demanding that haggling turns bad. Be polite, be respectful, know what you're looking at, and when all else fails, simply say "thanks, anyway", and walk away. Haggle off the fair market value (it's okay to expect a little leeway on both sides of that price). If that doesn't work, wait. Another coin will come up. Be patient.[/QUOTE]
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