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Pricing / Selling Exercise #2 (What would you do?)
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<p>[QUOTE="ddddd, post: 4950064, member: 22377"]On the heels of this thread:</p><p><a href="https://www.cointalk.com/threads/pricing-exercise-how-would-you-handle-it.368360/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/pricing-exercise-how-would-you-handle-it.368360/">https://www.cointalk.com/threads/pricing-exercise-how-would-you-handle-it.368360/</a></p><p><br /></p><p>I present another scenario:</p><p>~Common coins with not so common color</p><p>~Pros: rainbow/colorful, top 2 TPG graded</p><p>~Cons: reverse toned, acquisition price was strong (not moon money)</p><p><br /></p><p>The coins are both very nice (in my opinion) but I've upgraded and would like to move them. Neither has drawn much attention after being listed in several venues for multiple months (few watchers). The acquisition cost for one was approximately $400 and the other $525 (this one is a higher grade). They are currently listed for cost plus fees (eBay, paypal, shipping).</p><p><br /></p><p>What would you do? And we can expand this to a general discussion of what to do with coins you are trying to sell but are having a hard time.</p><p><br /></p><p>Some possibilities:</p><p>~Keep them listed at the current prices (at cost after fees); how long do you continue to wait in this case?</p><p>~Drop the price by some amount; how much of a loss would you be comfortable taking?</p><p>~No reserve auction; is the guaranteed way to sell worth the risk?</p><p>~End the listings and put them away for some amount of time; how long?</p><p>~Something else?[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 4950064, member: 22377"]On the heels of this thread: [URL]https://www.cointalk.com/threads/pricing-exercise-how-would-you-handle-it.368360/[/URL] I present another scenario: ~Common coins with not so common color ~Pros: rainbow/colorful, top 2 TPG graded ~Cons: reverse toned, acquisition price was strong (not moon money) The coins are both very nice (in my opinion) but I've upgraded and would like to move them. Neither has drawn much attention after being listed in several venues for multiple months (few watchers). The acquisition cost for one was approximately $400 and the other $525 (this one is a higher grade). They are currently listed for cost plus fees (eBay, paypal, shipping). What would you do? And we can expand this to a general discussion of what to do with coins you are trying to sell but are having a hard time. Some possibilities: ~Keep them listed at the current prices (at cost after fees); how long do you continue to wait in this case? ~Drop the price by some amount; how much of a loss would you be comfortable taking? ~No reserve auction; is the guaranteed way to sell worth the risk? ~End the listings and put them away for some amount of time; how long? ~Something else?[/QUOTE]
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