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<p>[QUOTE="Valentinian, post: 2695799, member: 44316"]If you have an ancient coin to sell, how would you price it? One eBay seller has often been mentioned on CT as listing coins for ten times their value, marking them down a lot (say, 60%) and then accepting offers. When a coin is attractive 60% off sounds pretty good already. However, offering less would make the deal even better. Anyone who tenders an offer of, say, 50% of the marked-down price will rapidly find the offer accepted. Why? Even with the two discounts he is still overpaying by a factor of two. (For example, consider a $50 coin said to be worth $500 and then marked down 60% to $200. That might look like a good deal. Offer half and you will still be paying $100 for a $50 coin.)</p><p><br /></p><p>Today a coin popped up on eBay for $220 (from a different seller) with the "Make offer" option:</p><p><br /></p><p><a href="http://www.ebay.com/itm/172600399970?ul_noapp=true" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ebay.com/itm/172600399970?ul_noapp=true" rel="nofollow">http://www.ebay.com/itm/172600399970?ul_noapp=true</a></p><p><br /></p><p>If you like it, would you pay half, thinking that was a good deal?</p><p>Look here on vcoins:</p><p><a href="https://www.vcoins.com/en/stores/romae_aeternae_numismatics/136/product/cilicia_uncertain_ar_obol_female_facing__bes_facing_5th4th_cent_bc_scarce/841208/Default.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.vcoins.com/en/stores/romae_aeternae_numismatics/136/product/cilicia_uncertain_ar_obol_female_facing__bes_facing_5th4th_cent_bc_scarce/841208/Default.aspx" rel="nofollow">https://www.vcoins.com/en/stores/romae_aeternae_numismatics/136/product/cilicia_uncertain_ar_obol_female_facing__bes_facing_5th4th_cent_bc_scarce/841208/Default.aspx</a></p><p><br /></p><p>That same coin is offered at $80 (marked down from $100). <i>That coin</i>, not just a similar coin.</p><p><br /></p><p>Beware of this eBay pricing strategy when you make offers.[/QUOTE]</p><p><br /></p>
[QUOTE="Valentinian, post: 2695799, member: 44316"]If you have an ancient coin to sell, how would you price it? One eBay seller has often been mentioned on CT as listing coins for ten times their value, marking them down a lot (say, 60%) and then accepting offers. When a coin is attractive 60% off sounds pretty good already. However, offering less would make the deal even better. Anyone who tenders an offer of, say, 50% of the marked-down price will rapidly find the offer accepted. Why? Even with the two discounts he is still overpaying by a factor of two. (For example, consider a $50 coin said to be worth $500 and then marked down 60% to $200. That might look like a good deal. Offer half and you will still be paying $100 for a $50 coin.) Today a coin popped up on eBay for $220 (from a different seller) with the "Make offer" option: [url]http://www.ebay.com/itm/172600399970?ul_noapp=true[/url] If you like it, would you pay half, thinking that was a good deal? Look here on vcoins: [url]https://www.vcoins.com/en/stores/romae_aeternae_numismatics/136/product/cilicia_uncertain_ar_obol_female_facing__bes_facing_5th4th_cent_bc_scarce/841208/Default.aspx[/url] That same coin is offered at $80 (marked down from $100). [I]That coin[/I], not just a similar coin. Beware of this eBay pricing strategy when you make offers.[/QUOTE]
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