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Quagmire
Penny Sorter Member
62 Posts |
 Posted - 09/07/2010 : 22:33:58
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Some dude that is a client of the restaurant where I work mentioned he had some silver coins with him, so naturally I asked to take a look. He returned with a mercury dime a 1942 Washington quarter and a lovely 1883 Morgan dollar.
After informing him that the coins had no numismatic value he offered to sell them to me, to which I responded by soliciting an offer.
He countered I suppose by asking for an offer so I offered him approximately spot, and pulled out a $20 FRN.
He was satisfied with this, although it later occurred that I could have offered less and he would have most likely taken it, although I considered this to be sleazy.
Nevertheless I am pretty pleased because I got a Morgan at melt, plus the quarter and dime.
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 09/07/2010 : 22:37:11
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| Its always best to be fair - maybe he or a buddy of his will find some more for you ;) |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
Edited by - AGgressive Metal on 09/07/2010 22:37:48 |
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thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 09/07/2010 : 22:39:11
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You did good.
Just because it's possible to screw someone doesn't mean you should do it.
Offer a silver seller a fair price, maybe 10% above a dealer's price, they might come to you with more.
Then you can turn us on to some good deals and put money in your pocket.
How does that sound? |
Come to the new and improved realcent: http://realcent.org
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thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 09/07/2010 : 22:42:45
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AM and I are on the same page.
I didn't see his post until after I put up mine.
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Come to the new and improved realcent: http://realcent.org
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 09/07/2010 : 22:57:18
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As a dealer, I've had more than a few opportunities to be "less than fair" with people who were obviously ignorant. I have always taken the high road and paid the proper prices. I found that this has brough me long-term reward as I have earned the trust and respect of my local clientele. Plenty of positive word-of-mouth and tons of repeat business.
Good job, Quagmire! |
www.WinnipegGoldBuyer.com
Standing offer for sale of quality, second-hand solid gold jewellery:
<$100 USD worth - spot +25%, plus actual shipping
$101-500 worth - spot +20%, plus actual shipping
$501-1,000 worth - spot +15%, plus actual shipping
$1,001+ worth - spot +10%, plus actual shipping |
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PennyPauper
Penny Collector Member
USA
395 Posts |
Posted - 09/07/2010 : 23:57:59
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| Always best to be fair.A good rep is worth more than a few bucks.You never know what the future holds.You made a little profit while imparting some info,hopefully you earned some trust and he is sitting on a silver mine.Maybe buy him a coffee next time and see if there is another oppertunity to help him out. |
Available again! $100 of Copper Lincoln Memorials for $145 shipped. |
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ScottyTX
Penny Hoarding Member
USA
508 Posts |
Posted - 09/08/2010 : 00:33:21
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Yeppers, I once offered approx. 1X below current market sell prices to a guy and he very well knew the silver market. He bit and two weeks later returned with 1,200 face in 90% :)
Scotty |
Edited by - ScottyTX on 09/08/2010 00:35:43 |
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Quagmire
Penny Sorter Member
62 Posts |
Posted - 09/08/2010 : 04:33:13
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quote:
Originally posted by PennyPauper
Always best to be fair.A good rep is worth more than a few bucks.You never know what the future holds.You made a little profit while imparting some info,hopefully you earned some trust and he is sitting on a silver mine.Maybe buy him a coffee next time and see if there is another oppertunity to help him out.
His age is somewhat advanced and he was at one time at least dealing in antiques so this scenario is entirely possible. |
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Quagmire
Penny Sorter Member
62 Posts |
Posted - 09/08/2010 : 04:34:06
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quote:
Originally posted by ScottyTX
Yeppers, I once offered approx. 1X below current market sell prices to a guy and he very well knew the silver market. He bit and two weeks later returned with 1,200 face in 90% :)
Scotty
I'm not quite certain I grasp what you mean by this anecdote. Care to elaborate? |
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twentybux
Penny Pincher Member
174 Posts |
Posted - 09/10/2010 : 11:29:39
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| I agree. Always better to take the high road. Why mess up your good name for a cheap deal. Deals come and go while reputations very hard to fix once damaged. Good for you. |
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fb101
Administrator
USA
2856 Posts |
Posted - 09/10/2010 : 13:26:37
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Always play fair.
People not playing fair is why everything is hitting the suck road right now. |
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TheSilverTiger
Penny Sorter Member
USA
25 Posts |
Posted - 09/10/2010 : 15:24:20
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| You did great. It is not just here on Earth that you will have to answer for your reputation and actions. We will all have to answer later for our actions. |
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Informal Private Transaction
Forum Locked
