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<p>[QUOTE="GoldFinger1969, post: 2361870, member: 73489"]OK, I see your point.....but if he comes down a reasonable amount I am going to treat him right, too. My point was he was SO FAR ABOVE FMV that I had to send a signal to him that I'm not coming in at $225 or so (FMV) because then he's coming down to $285 (or maybe less) and then I am bidding against myself above FMV. <i><b>See my point ?</b></i></p><p><br /></p><p>MD, I was on the sell-side in investments for many years so I know that sellers work hard, believe me. But if a hard-to-find non-Treasury bond had a FMV of 100 and my traders got me the bond and said charge 103 and my account countered with 98 1/2, then I am going to come down to 101 (a fair price, 1% markup) and they will either say 98 1/2 and we are done negotiating...or.... they say 100 1/2 and we are almost done doing a deal somewhere between 100 1/2 and 101.</p><p><br /></p><p><b><span style="color: #00b300">I just bought a coin today</span></b> (well, I got it today, bought it last week). <b><span style="color: #ff0000">Asking price was $2,000 </span></b>(FMV was probably $1750 or a bit under)....<b><span style="color: #00b300">I countered with $1,600</span></b>.....<b><span style="color: #ff0000">they came down to 1,850 </span></b>(showed me they were serious).....<b><span style="color: #00b300">I came up to $1,750</span></b> (they came down $150, I came up $150).</p><p><br /></p><p><b>They countered with $1,798 and said it was their lowest price. At that point, I said DONE and we had a deal. </b> They came off their high price....I came off my low price.</p><p><br /></p><p>Win-win, as Homer Simpson once said ! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 2361870, member: 73489"]OK, I see your point.....but if he comes down a reasonable amount I am going to treat him right, too. My point was he was SO FAR ABOVE FMV that I had to send a signal to him that I'm not coming in at $225 or so (FMV) because then he's coming down to $285 (or maybe less) and then I am bidding against myself above FMV. [I][B]See my point ?[/B][/I] MD, I was on the sell-side in investments for many years so I know that sellers work hard, believe me. But if a hard-to-find non-Treasury bond had a FMV of 100 and my traders got me the bond and said charge 103 and my account countered with 98 1/2, then I am going to come down to 101 (a fair price, 1% markup) and they will either say 98 1/2 and we are done negotiating...or.... they say 100 1/2 and we are almost done doing a deal somewhere between 100 1/2 and 101. [B][COLOR=#00b300]I just bought a coin today[/COLOR][/B] (well, I got it today, bought it last week). [B][COLOR=#ff0000]Asking price was $2,000 [/COLOR][/B](FMV was probably $1750 or a bit under)....[B][COLOR=#00b300]I countered with $1,600[/COLOR][/B].....[B][COLOR=#ff0000]they came down to 1,850 [/COLOR][/B](showed me they were serious).....[B][COLOR=#00b300]I came up to $1,750[/COLOR][/B] (they came down $150, I came up $150). [B]They countered with $1,798 and said it was their lowest price. At that point, I said DONE and we had a deal. [/B] They came off their high price....I came off my low price. Win-win, as Homer Simpson once said ! :D[/QUOTE]
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