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#1
02-18-2016, 06:42 AM
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Quote:
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#2
02-18-2016, 07:55 AM
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Set the automatic decline at your minimum and you never even see the low offers.
I don't post an item with best offer unless I am willing to drop at least 10% from the price. That's about the fair threshold. So I don't think the OP was out of line with a floor of 90% of BIN. I know there is some scoffing at small dollar haggling but It does add up. If I am working a set and I can knock off 10% of every card that could be like getting 70 cards for free. As a seller if I can eke out an extra 10% on every card from buyers who will buy a BIN at 90% if I set the floor there instead of lower I can pay for my National trip with the extra 10%. Sometimes it makes sense to offer a very low % of BIN. Recently I saw a card listed at $1000 that might fetch $200 in auction. I offered $200 for it. Declined of course. I will now watch the card relist forever. One well known dealer has a card I watched for years. Tough card but not 1/1 and way overpriced as compared to similar items at auction. I offered a fair price and was rejected. A few years ago one surfaced at auction and I got it for about my offer. dealer still has the other card. I was the market and I'm out. So long as it is priced where he wants it the card will never sell. Has to be about seven or eight years since I offered on it. I don't understand the business model of holding inventory for years but to each his own. ETA: This thread is an example of the damage Mastro and Allen did. I am convinced that some of the prices we see on eBay are the spawn of shill bidding setting unrealistic price expectations.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 02-18-2016 at 08:09 AM.
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#3
02-18-2016, 08:43 AM
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I read all comments and found them all interesting perspectives. Each of us have our own and they are all right. I help out in an antique shop where we have a basement where everything is half price. Dealers can put items they have had in their booths for awhile and want to reduce inventory down there marked 1/2 off. I can not tell you how many times people have come up and asked to reduce the price even more. My point? I think we are looking at todays economy and the box stores reducing inventory by offering up to 75% off. People think that extends to all facets of the world, including EBay. I always am looking for a deal and, when I run across a card I want and it says OBO - I will counter once with what I am willing to pay. If accepted, fine, if not, fine. Just my opinion and we all have them.
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#4
02-18-2016, 12:53 PM
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Bin
I have a lot of BIN's with best offer. A $40 offer for a $50 card is very reasonable and I would accept it every time.
Rick
__________________
Rick McQuillan T213-2 139 down 46 to go.
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#5
02-18-2016, 12:58 PM
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There are always people looking to get a steal and unfortunately, that means low ball offers. Whenever I list BIN's with BO, usually half of the listings that get activity, I get some ridiculous offers...it comes with the territory of giving people an option to make your own price up. I will say that some people do get steals this way, so my advice is not to let it bother you and just respectfully decline and move on. And no, you're not missing anything or doing anything wrong
__________________
T206's Graded low-mid 219/520 T201's SGC/PSA 2-5 50/50 T202's SGC/PSA 2-5 10/132 1938 Goudey Graded VG range 37/48
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