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The worst insulting deal anyone has ever offered you.
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<p>[QUOTE="GDJMSP, post: 274121, member: 112"]Yes it is subjective, but that's why I asked the question. Now I want ask another - how do you define current retail ?</p><p><br /></p><p>Ya see, very often many of us will make a comment like this and those who read the comment can take it forty eleven different ways. That's why definitions are so in important in this hobby - so is the terminology we use. To some of us "current retail" can be almost anything. So can a term like "low balling". </p><p><br /></p><p>To me for example, current retail is determined by what coins sell for at auction - like on Heritage. And low balling would be anything less than 80% of retail. Most "good" dealers wil offer 15% - 20% less than retail.</p><p><br /></p><p>But to others current retail might be whatever is listed in <i>Coin Values</i>, <i>Coins</i> magazine or any other publication. And to some it might be a dealer's asking price. But there's a problem with dealers' asking prices they are all over the place. The exact same coin can sell for $80 at one dealer's and $30 at another - so how does that do you much good to determine current retail ? It doesn't.</p><p><br /></p><p>And thus my reason for asking.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 274121, member: 112"]Yes it is subjective, but that's why I asked the question. Now I want ask another - how do you define current retail ? Ya see, very often many of us will make a comment like this and those who read the comment can take it forty eleven different ways. That's why definitions are so in important in this hobby - so is the terminology we use. To some of us "current retail" can be almost anything. So can a term like "low balling". To me for example, current retail is determined by what coins sell for at auction - like on Heritage. And low balling would be anything less than 80% of retail. Most "good" dealers wil offer 15% - 20% less than retail. But to others current retail might be whatever is listed in [I]Coin Values[/I], [I]Coins[/I] magazine or any other publication. And to some it might be a dealer's asking price. But there's a problem with dealers' asking prices they are all over the place. The exact same coin can sell for $80 at one dealer's and $30 at another - so how does that do you much good to determine current retail ? It doesn't. And thus my reason for asking.[/QUOTE]
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