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"I Paid More Than That."
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<p>[QUOTE="ddddd, post: 7765077, member: 22377"]I've used that line before when selling. I'm not a dealer and some of the coins I've listed were either not generic and/or I didn't need to sell (I was ready to let them go at a certain price but anything lower than that I would rather keep them); so I would honestly tell the potential buyer that I paid more than their offer and couldn't go that low.</p><p><br /></p><p>Another factor is relative amount. If I'm selling a $50 coin and you offer 81% ($40.50), I will likely let it go even if I paid $45. It's a minimal loss (~$5.50 eBay fees and ~$4 shipping = ~$14 loss) and likely not a coin that is hard to replace. On the other hand, a $1,500 coin where I paid $1,350 and you offer $1,215, is a bigger loss to absorb (~$153 eBay fees and ~$11 shipping = ~$299 loss) and likely a coin that is hard to replace.</p><p><br /></p><p>Edit: in general 81% of the ask is within reasonable range for an offer but it is pushing the outer boundary. It also depends on factors like if the coin is already fairly priced; is there something unique about it (nothing similar available); is it something that does not come up for sale often; etc...[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 7765077, member: 22377"]I've used that line before when selling. I'm not a dealer and some of the coins I've listed were either not generic and/or I didn't need to sell (I was ready to let them go at a certain price but anything lower than that I would rather keep them); so I would honestly tell the potential buyer that I paid more than their offer and couldn't go that low. Another factor is relative amount. If I'm selling a $50 coin and you offer 81% ($40.50), I will likely let it go even if I paid $45. It's a minimal loss (~$5.50 eBay fees and ~$4 shipping = ~$14 loss) and likely not a coin that is hard to replace. On the other hand, a $1,500 coin where I paid $1,350 and you offer $1,215, is a bigger loss to absorb (~$153 eBay fees and ~$11 shipping = ~$299 loss) and likely a coin that is hard to replace. Edit: in general 81% of the ask is within reasonable range for an offer but it is pushing the outer boundary. It also depends on factors like if the coin is already fairly priced; is there something unique about it (nothing similar available); is it something that does not come up for sale often; etc...[/QUOTE]
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