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<p>[QUOTE="USS656, post: 1097404, member: 6641"]All I can say is WOW, that is a stunning coin! Congrats! It sounds like there was some negotiation that took place. </p><p><br /></p><p>I think this is the hardest part to understand how to navigate. How to approach this process without being disrespectful. In some local shows I have been to when a dealer has given me a price I felt was too high I have just thanked them and walked away. I am sure it is an experience thing and hopefully you get better with time. I have to wonder if I was more experienced at the process if some of those situations would have turned to sales that we both would have been happy with.</p><p><br /></p><p>As a dealer, when you interact with a collector and you can tell they do not have a lot of experience buying at shows, do you approach them differently to help them understand why you have priced it the way you have? </p><p><br /></p><p>Just once I have had a dealer say "I know based on what you are looking for you will really like this coin." He spent some time talking about how he picked up the coin and why he felt the price was set right. The price was fair IMO and I picked it up on the spot without any further discussion about price. That type of experience has been the exception and not the rule.</p><p><br /></p><p>I have a tendency to walk up and ask to look at a coin, usually I know what my budget is but unfortunately in the past my grading skills were probably not as good as they should be in those situations. Then I ask for a price and from there it either shut down the conversation or I bought it. For me, it would be more comfortable to have the dealer says; I grade this coin at MS62, the fields are clean and the toning is subtle and appealing. Based on these factors my price is X (firm) and for this coin I am certain it will be gone before the show is over. Or, I have quite a few of these in my stock and even though the grade is x I will give you this price to make us both happy. It will be hard to find a better price in this grade. It's that bed-side manner we want from our doctors that also goes a long way with our dealers. Your thoughts? I hope you do not mind my questions. BR ~ Darryl[/QUOTE]</p><p><br /></p>
[QUOTE="USS656, post: 1097404, member: 6641"]All I can say is WOW, that is a stunning coin! Congrats! It sounds like there was some negotiation that took place. I think this is the hardest part to understand how to navigate. How to approach this process without being disrespectful. In some local shows I have been to when a dealer has given me a price I felt was too high I have just thanked them and walked away. I am sure it is an experience thing and hopefully you get better with time. I have to wonder if I was more experienced at the process if some of those situations would have turned to sales that we both would have been happy with. As a dealer, when you interact with a collector and you can tell they do not have a lot of experience buying at shows, do you approach them differently to help them understand why you have priced it the way you have? Just once I have had a dealer say "I know based on what you are looking for you will really like this coin." He spent some time talking about how he picked up the coin and why he felt the price was set right. The price was fair IMO and I picked it up on the spot without any further discussion about price. That type of experience has been the exception and not the rule. I have a tendency to walk up and ask to look at a coin, usually I know what my budget is but unfortunately in the past my grading skills were probably not as good as they should be in those situations. Then I ask for a price and from there it either shut down the conversation or I bought it. For me, it would be more comfortable to have the dealer says; I grade this coin at MS62, the fields are clean and the toning is subtle and appealing. Based on these factors my price is X (firm) and for this coin I am certain it will be gone before the show is over. Or, I have quite a few of these in my stock and even though the grade is x I will give you this price to make us both happy. It will be hard to find a better price in this grade. It's that bed-side manner we want from our doctors that also goes a long way with our dealers. Your thoughts? I hope you do not mind my questions. BR ~ Darryl[/QUOTE]
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