It seems that people that really make the money is the company that prints the gray sheet book cuz nobody ever seems to go by the gray sheet value or spot price the way you would think
It’s one thing to window shop online or even in a physical location but having someone meet up with you with agreed price and bailing on it all together is a waste of everyone’s time.
Honestly I appreciate just how respectful you guys were after he tried to get a better deal on the coin. It doesn’t matter if he thought y’all were making more out of him than on eBay. If you agree to a price on the phone then realistically the buyer should honer that price and not try to haggle you down to a lower price.
Agreed but its also like buying a used car. If the seller has it listed at $8750 but it needs day new tires or the pain doesnt look as good in person but mechanically its sound you try to haggle a little maybe offer $8000 and see if they'll bargain some. Maybe they counter at $8500 and you settle at $8250. Just because you list it on eBay for $XXXX doesn't mean its set in stone.
@ yeah, but in this case there was nothing wrong with the coin. The one guy wasn’t even interested and the other one was. It’s just that they had agreed on a price beforehand after several discounts which isn’t a very good look for the buyer. I definitely would never choose to deal with people like that if I had the choice.
@@e-brickproductions9355 Yeah a orange is a orange but some have spots dings that coin was not a perfect 70!!!! and even if it was could still develop spots and stuff after grading. Its not like the guy paid a down payment to hold the coin then backed out trying to lowball. Also love how these sensitive sally's made a video about it. Like go cry in a corner! Probably purchased that coinf for $2000 and are selling it for $8000+
I agree with your comment in general but those buyers said the coin was excellent it's exactly what they wanted but it was just too expensive for the collection but they should have known that before they went there and they did know that before they went there so why waste anybody's time the one gentleman said right out he didn't have a problem with the coin at all it just wasn't going to fit in their collection which is something they should have known before they even went there. They're just a couple of scammers I've been in that situation and have been scammed. The exact same thing they talk me down on the phone and when they got there they talk me down more
@@Meow_Ag47but this is more like: you call and agree on a price, come and see the car and it’s exactly as described in perfect condition (which they admitted in the video), and then try to get a lower price with some nonsense about fees. At the end of the day, it’s either worth it to you or it isn’t - the dealer’s profit or loss is (or should be) pretty irrelevant*. If the coin didn’t looks as nice as it was represented in the pics, then they’d have said that and asked for a discount for that reason. *caveat - I’m not talking about unscrupulous dealers taking advantage of folks here. I mean the difference between 20% over and 30% over.
I personally would have avoided explaining your over head on that particular coin as it may have seemed to the buyer that he was paying for your trip in the future I would just stick to generalities and not get into specifics it's none of their business why you established the value you have on an item I think yall did great in this deal and have raised awareness for others keep up the great job love you guys and thank you for what yall do
Agree wholeheartedly. Ask him how many of these are out there, and will he ever get the chance to see another in person to buy it. Probably never. The time to buy it is when you can!
There's always someone that's going to try every angle to get the price he wants. Great job just sticking to your guns. He knew what the deal was before he got there. You handled it very professionally. Keep up the good work.😊
Isn't that all of our goals do what it takes to get what we want? Look at it this way the seller and the buyer both have their own overhead they're worried about sustaining
a deal is a deal. Period. You did the right thing holding firm. I had a friend who sold a vintage guitar for $500,000. The buyer sent a check for $200,000 and a representative to pick up the guitar and deliver $300,000 in cash. After counting out the money, the buyers rep was $800.00 short. he told my friend "it's only $800..." thinking that staring at $299,200.00 in cash would sway him into accepting the shortage. My friend said "NO!" The deal was for $300,000. Miraculously, the rep came up with the extra $800.00 Always hold the line. Always keep your word. (buying AND selling)
I truly enjoy seeing the beautiful coins that you have. As far as the guy trying to beat you up on the price, good for you for holding tight. It's not like you can find beautiful coins like that easily. You have costs involved, and profit is not a bad word. Keep up the great work
I respect the transparency and honesty exhibited in your videos. You present the intricacies of the buying and selling process more openly than many other dealers do.
I agree with being firm on your price due to previous conversations and mutual agreement!! I believe they were looking for a significant deduction and wasted your time. They had plenty of time to review the coin pictures and pricing before confirming the meeting. This video exposure will sell the coin to a deserving buyer,and future regret to these gentlemen.
Hey Casey and Drew . Met you guys at FUN. Nice and respectful. I'm not a dealer but do let some things go in order to fund future purchases. I'm direct with pricing and I'll let know if there is room. I only use the term "lock" for bullion because it's a moving market. For the 79 CC you went above to detail how you arrived at the number. Once the counter offer is accepted it cannot be changed! The only reason to come to the office was to see the coin in person. It's either yes or no at that point. The terms were already finalized ahead of time
Long time collector, new subscriber here. I like your style, guys. I would have stuck to my guns on your first deal gone bad also. Learning from the no show woman was good on you. Figuring out that a confirmation phone call is a time saver shows your humble approach to learning how to move forward efficiently. Good luck in your endeavors.
I feel like you handled the situation correctly. You were respectful in every aspect and straight forward with them. Just a deal that didn't turn out. Keep up the great work!
Great point on "locking in" the price. Same as you do when you buy bullion online.. and if you cancel, you pay a fee. It's business.. You can't have people canceling orders when the spot price drops in 1-3 days.. And I can't believe you got stood up!!
In a few words, y'all are polite and extremely respectful. Each of your videos provide valuable information to newbies as well old timers like me. Thank you.
Been buying and selling coins for over 40 years and you meet all kinds of characters mostly good and some not so good,you all did good and remained professional and calm,that's the long term key because you'll have repeat buyers and sellers come back,keep up the great videos and have a blessed day.
I feel you and your brother,matter of fact your entire family are up front honest and extremely respectful folks . When a person agrees with you on the phone shows up and starts there back n forth GAMES. You did the right thing. Furthermore I think in the future you may want to as you always are Politely tell him What your deal with EBay is None of His business and you find his questioning extremely offensive and RUDE . If he hadn’t committed/agreed to your Price . Different story . But since they are wasting yours and your brothers time . I would have said hey no worries if ya change your mind and the coins still here give me a call . Good Day Gents.Second part. You guys got it . You’re doing great . Congratulations on your excellent trade !!! God bless
In sales, these five words are crucial' IF I COULD WOULD YOU. So when you were on the phone with him " if I could do this price for you, would you agree to purchase it when you're here? " If I could would you, very powerful. Clearly the guy was not prepared to pay that amount. He thought he could come and haggle but he was clearly mistaken. Thought you did. Very good otherwise. Looking forward to seeing you on what not! You guys popped into my stream the other day on what not Krishna Bullion coins.
It’s good to show the good and the bad being in business. Everything is not all roses all the time. Sometimes you win sometimes you lose that’s life. Some TH-camrs just show the good or the big deals. They get all the time never talk about the deals. They don’t get which is a joke. It does happen and it will happen all the time. Best of luck to you.
Love watching young people that have great hobbies in a time of phones. I have collections of Hot Wheels, G.I Joe, Banks and coins. Thanks for keeping the kid alive in people.
I've seen folks like the guy with the 79CC Morgan before. An older coin dealer I worked with before called them lookie-loos and said that he's seen those kinds of folks all his time owning a shop. They like seeing the expensive coins and want to look at them, but never want to buy (or they want the coin for a lot less than the dealer paid). He never seemed to mind them until they started eating significantly into his time when he was busy. I feel like they wasted your time so I wouldn't have budged on the price either. In fact you guys were quite nice So the second set of folks couldn't be bothered to attend the meeting that they demanded, then it turns out that they have a small pile of coins with very little value. Unless the folks are willing to meet when you guys were already planning to be in the office a few pictures is a very small thing to ask, or at least tell you what they have. If they don't know what the coins are and won't send pictures it's probably not worth your time
I think you handled business correctly! Although that has to be a bummer! At least cause you don't get that sale.! That's the business!! 😊 Thanks for sharing that experience with us! Really appreciate your channel. Because they way you break it all down I've learned from you guys.!!. Keep them videos coming!!
I think you had a couple of valuable deals. Life's full of lessons, and nobody gets it right all the time. The hardest part somtimes is not holding these people's failures against future clients. If business was easy everyone would be in business. Best of luck moving forward.
Felt you were very respectful thru the entire negotiation on the Morgan dollar. Even though the transaction did not take place, based on the background of the need for a face to face meeting to see the coin live , you handled it fairly . If it doesn’t fit the customers side , there are other opportunities available elsewhere. Good job!
I love to see the coins you guys get to hold from private collections. Thanks for showing your process. I think getting the photos ahead of time gives you more opportunity to research the coins and get history on them.
Hi Guys. I have really enjoyed your videos. I offered ya'll some coins and was a little butthurt you didn't want them. It reminded me of a very important fact, "no one is obligated to buy, or to sell." I collect coins to have fun, meet other folks into coins, and basically live a chill life. My life and happiness cannot be distilled down to the value of a coin. Ya'll helped me re-center, so thanks. I really dig the Whatnot community, like everyone I'm a buyer and a seller. The key is what I just described, knowing that not every coin is going to sell at every show. Sometimes the people want Mercury dimes, sometimes classic commems, and Morgans are always on the menu. The fun is the interaction. I have bookmarked your show, and I've shared it to my followers. Play nice with the other kids ya'll.
You guys are BEYOND gracious! Not a downfall but quality that will secure your business reputation for decades. Sorry to see you done wrong like that. Keep up good work.
You guys handled those situations perfectly, even going beyond reasonable each time. There will always be the occasional absurd interaction. Keeping it professional with every client will always pay off in the end, solidifying your business reputation.
You should call if you can't make a meeting so the other people aren't sitting there waiting, it's common courtesy. You both had a lot patience dealing with these people. Great video.
So unprofessional to not send pics then the phone calls are just ridiculous. What's great is you guys learn from every experience whether positive or negative. I love how you both keep a cool and level head while talking to the potential buyers/sellers keeping everything clear is good business.Thank you for the awesome information on the world of numismatics and the selling of these beautiful coins. 👏👏🎅🎅 Merry Christmas and Happy Holidays to you both
I just started my collecting journey just recently I bought an MS 62 1921 piece dollar as an early Christmas present for myself, I’ve always loved the look of the Peace dollar over the Morgan dollar personally. I found this channel while looking for info on collecting coins. I’ll definitely be watching more of your videos to become more informed while collecting.
Well here are my thoughts I've been in similar situation where they talk you down on the phone then they get there and they talk you down a little more and I fell for that once and I still was making money so I did it but it pissed me off and I'll never do it again. But mainly I don't think they were there to buy it in the first place I think they just wanted to see it they were wasting your time and the other reason I think they were there to pitch their little line for the other coin that he wanted you to keep in mind for him to buy in the future. He presented himself as a big buyer by showing up to look at this expensive coin just so you would remember him for his other coin that he really wanted. I think you did the right thing you should have sent him packing earlier
You both handled the interaction with grace and were very respectful to them. It appears they were just being petty and cheap trying to get the coin for close to what you got it for which would make zero sense. They knew the nogociated price and when they saw it in person they were shocked at how great it was. Personally if i were meeting you and saw how nice it was, I would have offered you the store price (even if you agreed to do less) cause as a fellow coin collector and seller for 29 years now, I understand both sides and have no issue paying up for high end coins I want. Keep doing what you do. I love your videos. Onward and upward.
There will always be those deals that fall through even when you take every precaution. But we all must endure unfortunate situations sometimes in order to see how much more fortunate the good situations truly are. Both of you are extremely respectful and diligent about all that you do no matter if its a $300 dollar coin or a massive $60,000 dollar collection. I have nothing but respect for you guys in the way you've handled any situation. Good stuff guys!
At the end of the day you have to be profitable or why even be in business. You guys were up front about what you wanted and what you had so I believe you were right to stick to your price that they had already agreed on. They were just trying to low ball you which is typical behavior. Get what you have to get out of the coin or just keep it in your own collection because it is only going to go up in price. Good job as usual and love your channel.
I myself dislike negotiating in person after a price was previously discussed. I once did it knowing after the fact they more than likely would have paid the initial price. It'll be great to see you on whatnot. Looking forward to it.
They wanted the coin cheap to flip. Dealt with this before. Guy kept trying to get you to lower the price even though “it didn’t fit his collection”. You handled this perfectly and stayed polite and respectful.
Great video and 100% on your side on the first transaction. Let me add - $8620 would be the price after eBay fees. So the buyer was very wrong about that. Regardless, the buyer didn’t handle the transaction correctly (we can’t always expect retail transactions to go cleanly - some people simply aren’t aware of trading etiquette) I think you handled the situation pretty much perfectly. My only advice: when you are justifying the price of a coin to a retail client (which you shouldn’t have had to do in this case), I’d put more emphasis on why the coin itself is worth $8250, and leave out why *you need to get $8250. To a retail buyer, it doesn’t matter why you need the money - it matters more that they are paying the right number in a vacuum. Certainly leave in the fact that you did travel to purchase the coin, etc - it lets the buyer sympathize with the work you put into obtaining the coin. But it shouldn’t factor into the price at all. A very subtle difference but psychologically changes the dynamics of the negotiation.
This is a great video for us new stacker/collectors. Its nice to see how the pricing works. Thanks for the video. Also they never intended to pay full price.
I think you totally done the right thing with the cc coin .. The lady with the world coins ,yes I guess you should of called her and confirmed about an hour before. All said ,time is money..All the best..
Unfortunately, it just a cost of doing business. You, have a situation where you thought you had “meeting of the minds” beforehand but he completely did a 180 on you guys. I’m glad you guys kept your professionalism and composure!
You guys did it exactly right. Sometimes a deal can't be reached. Always get photos unless you know the person or know about the person. That'll end the scenario of waste of time.
Deal 1 - you represented yourselves and the coin accurately. Nothing more could have been done - if they don't want to buy them that's how it goes. Deal 2 - never waste your time on a deal unless you've confirmed what the seller has to offer. Especially foreign coins. Live and learn.
This type of video is helpful to showcase the various scenarios that might occur. Great job in sticking to your guns on the first case. You have shown in other videos with dealer-to-dealer negotiations that people have firm numbers that they have to have for a coin. You will always have customers trying to get a better deal no matter what you are trying to sell! Try using that lock in price language in your verbal negotiations and actual paperwork. Update your processes in regard to no show's clients. For example, physical therapy appointments have consequences if you do not show up for appointments. Doctor offices are another example. For Christmas you might invest in getting more copies of your keys so that doesn't happen again.
You both are very professional and knowledgeable and I'm very impressed with how you've handled those situations. You're going to go far in the business!
Thanks for the Tips, I'm also glad to say that I've got a pleasant friendship with my Local Coin and Bullion Dealer! My Local Coin and Bullion Dealer told me to becareful at flee Markets,I learned of a woman at the Flee Market selling Silver Chains,but unfortunately those chains didn't have alot of Silver on them! Turns out those chains were mostly copper with light Silver plating, however the woman tried passing them off as 925 silver! I was already skeptical when I seen the 925 wasn't actually Stamped on the Chain itself,but a tag hanging off a loop attached to the chain,I figured if people can do that at a flee Market people can also pass off fake coins and bullion! Hope some of the information is helpful to someone!best of luck!
Excellent call to not further lower your price. Not every deal is meant to happen. Keeping a bridge in place can be helpful. For instance, closing a meeting with an invitation to future deals saves face for a non buyer in the future.
Just like you agreed on the phone they knew the price. If it met what they wanted they should pay the agreed price. If it didn’t thank you guys for your time. I think you did exactly what I would have done. Everyone wants a better deal I get that but sometimes the price is what it is
Really admirable of you guys to be so patient with the first guys, to say in person that it's 20% of his collection as that is some how your fault and then the CAC premium also like both were unknowns is just bad etiquette. I don't also get asking then to source a non CAC example like it's such a lower price point.
It’s great to see an example of a deal which did not go through. Impressive to see how you stick to your guns. Great negotiations guys, sometimes you have to be able to walk away.
Amazing how people can be rude. I understand trying to get a good deal, but be up front from the start. Thanks for the video and hopefully people will learn from this.
I wish I could find a LCS that is as respectful and transparent as you all are. You were straight up in your communications in this transaction. He was not.
For that first potential sale, I think it was not only great how you broke down what you'd net had it sell on eBay vs an in-person transaction. Not to mention the fact that they'd be getting a better deal in-person + the fact that you'd actually be netting less. You seem to only present reasons to buy the coin and give no reasons a person wouldn't. Unfortunately that doesn't change the coin sitting there. Can't sell a multi-thousands of dollar coin for pennies on the dollar just because. Bravo gentlemen!
Drew & Casey, you two guys are far better men than I am, because I would’ve told those two ancient tire kickers to go beat sand at the 8 minute mark of your video.. God Bless you guys!! 🙏🙏💪🏻💪🏻
From everything I've seen You guys seem fair, I'm not to old yet but I'm no spring chicken and I'm in the works of jotting down places my little niece can take my collection when i am gone, these guys are on the list so far. I like how you guys put these things on video for all to see.
I agree with you on not budging on the CC. It would really suck to waste that much time in both these scenarios, but I guess that's just part of the business.
I think you guys handled the first situation fine. I personally would have been a little annoyed by the buyer, but oh well. About the only improvement I would have made was to have STRESSED to the buyer that you were 100% firm on the price before he traveled to your office. Maybe you did, but he still thought you had more room. Anyway, good job. Very professional dealings. Thx for creating these vids. Super fun to watch and learn.
Great content. He wasn't a buyer at all in the first 2 min he was looking for anything to get a lower price cause he thought im here in person with cash and he was sure he would get it lower I'm glad you stuck to the price great job.
WHAT NOT SHOW - 12/18/24 @ 2PM CENTRAL TIME:
($15 FREE ON WHAT NOT)
www.whatnot.com/invite/acoushacollectibles
Can't wait to see you on whatnot.
That's awesome. I'd love to catch your stream. Hope I can catch you guys live.
Do you buy Gold and silver bullion?
@AcoushaCollectibles how do I get a coin graded? I have a 1906 Indian head cent in really great condition and I just need some tips
A couple of old cheapskates thinking they would get a deal off of the younger coin generation. Good for you staying firm and polite.
It seems that people that really make the money is the company that prints the gray sheet book cuz nobody ever seems to go by the gray sheet value or spot price the way you would think
Yes, exactly. It peeves me to no end negotiating after the negotiation.
@@Tim99-lg7kn supply and demand.
Most customers are nice, a few are clueless, and you get that one jerk once in awhile. You guys handled it exactly right.
It’s one thing to window shop online or even in a physical location but having someone meet up with you with agreed price and bailing on it all together is a waste of everyone’s time.
A good learning opportunity for sure.
Agreed, they were just wanting to buy the coin for greysheet
Honestly I appreciate just how respectful you guys were after he tried to get a better deal on the coin. It doesn’t matter if he thought y’all were making more out of him than on eBay. If you agree to a price on the phone then realistically the buyer should honer that price and not try to haggle you down to a lower price.
Agreed but its also like buying a used car. If the seller has it listed at $8750 but it needs day new tires or the pain doesnt look as good in person but mechanically its sound you try to haggle a little maybe offer $8000 and see if they'll bargain some. Maybe they counter at $8500 and you settle at $8250. Just because you list it on eBay for $XXXX doesn't mean its set in stone.
@ yeah, but in this case there was nothing wrong with the coin. The one guy wasn’t even interested and the other one was. It’s just that they had agreed on a price beforehand after several discounts which isn’t a very good look for the buyer. I definitely would never choose to deal with people like that if I had the choice.
@@e-brickproductions9355 Yeah a orange is a orange but some have spots dings that coin was not a perfect 70!!!! and even if it was could still develop spots and stuff after grading. Its not like the guy paid a down payment to hold the coin then backed out trying to lowball. Also love how these sensitive sally's made a video about it. Like go cry in a corner! Probably purchased that coinf for $2000 and are selling it for $8000+
I agree with your comment in general but those buyers said the coin was excellent it's exactly what they wanted but it was just too expensive for the collection but they should have known that before they went there and they did know that before they went there so why waste anybody's time the one gentleman said right out he didn't have a problem with the coin at all it just wasn't going to fit in their collection which is something they should have known before they even went there. They're just a couple of scammers I've been in that situation and have been scammed. The exact same thing they talk me down on the phone and when they got there they talk me down more
@@Meow_Ag47but this is more like: you call and agree on a price, come and see the car and it’s exactly as described in perfect condition (which they admitted in the video), and then try to get a lower price with some nonsense about fees. At the end of the day, it’s either worth it to you or it isn’t - the dealer’s profit or loss is (or should be) pretty irrelevant*. If the coin didn’t looks as nice as it was represented in the pics, then they’d have said that and asked for a discount for that reason.
*caveat - I’m not talking about unscrupulous dealers taking advantage of folks here. I mean the difference between 20% over and 30% over.
I personally would have avoided explaining your over head on that particular coin as it may have seemed to the buyer that he was paying for your trip in the future I would just stick to generalities and not get into specifics it's none of their business why you established the value you have on an item I think yall did great in this deal and have raised awareness for others keep up the great job love you guys and thank you for what yall do
Agree wholeheartedly. Ask him how many of these are out there, and will he ever get the chance to see another in person to buy it. Probably never. The time to buy it is when you can!
Need to strike , while the iron is hot!@@alwaysseekingsilver
Yup, none of his dem business. You agreed on a price, that's all he needs to know.
You guys were as professional as you could be. Never sweat it. That’s just business.
That 79cc 62cac is a beaut for the grade.
There's always someone that's going to try every angle to get the price he wants. Great job just sticking to your guns. He knew what the deal was before he got there. You handled it very professionally. Keep up the good work.😊
Negotiations are always fun, we are glad we were able to share it with you.
Isn't that all of our goals do what it takes to get what we want? Look at it this way the seller and the buyer both have their own overhead they're worried about sustaining
a deal is a deal.
Period.
You did the right thing holding firm.
I had a friend who sold a vintage guitar for $500,000. The buyer sent a check for $200,000 and a representative to pick up the guitar and deliver $300,000 in cash. After counting out the money, the buyers rep was $800.00 short. he told my friend "it's only $800..." thinking that staring at $299,200.00 in cash would sway him into accepting the shortage. My friend said "NO!" The deal was for $300,000.
Miraculously, the rep came up with the extra $800.00
Always hold the line.
Always keep your word.
(buying AND selling)
That rep was trying to pocket $800 for himself.
I truly enjoy seeing the beautiful coins that you have. As far as the guy trying to beat you up on the price, good for you for holding tight. It's not like you can find beautiful coins like that easily. You have costs involved, and profit is not a bad word. Keep up the great work
I respect the transparency and honesty exhibited in your videos. You present the intricacies of the buying and selling process more openly than many other dealers do.
I agree with being firm on your price due to previous conversations and mutual agreement!! I believe they were looking for a significant deduction and wasted your time.
They had plenty of time to review the coin pictures and pricing before confirming the meeting.
This video exposure will sell the coin to a deserving buyer,and future regret to these gentlemen.
Hey Casey and Drew . Met you guys at FUN. Nice and respectful. I'm not a dealer but do let some things go in order to fund future purchases. I'm direct with pricing and I'll let know if there is room. I only use the term "lock" for bullion because it's a moving market. For the 79 CC you went above to detail how you arrived at the number. Once the counter offer is accepted it cannot be changed! The only reason to come to the office was to see the coin in person. It's either yes or no at that point. The terms were already finalized ahead of time
Man dealing with the public would be no fun sometimes, you guys have really good attitudes and are very professional.
Love that you guys are Christians and try to do things honestly and right!
Long time collector, new subscriber here.
I like your style, guys. I would have stuck to my guns on your first deal gone bad also.
Learning from the no show woman was good on you. Figuring out that a confirmation phone call is a time saver shows your humble approach to learning how to move forward efficiently.
Good luck in your endeavors.
I feel like you handled the situation correctly. You were respectful in every aspect and straight forward with them. Just a deal that didn't turn out. Keep up the great work!
Great point on "locking in" the price. Same as you do when you buy bullion online.. and if you cancel, you pay a fee. It's business.. You can't have people canceling orders when the spot price drops in 1-3 days.. And I can't believe you got stood up!!
In a few words, y'all are polite and extremely respectful. Each of your videos provide valuable information to newbies as well old timers like me. Thank you.
Great job showing the meetings that don't go as planned or at all. We're all learning with you!
Thanks for being so open and honest--have meet you at shows and have no hesitation to do business with you.
Coin collecting is the best hobby!!
Lowballing is some folks game; glad you stood your ground on your price; some folks try to be a little pushy about fees and pricing!😊
I think you did good. Hold your ground. You own it not them. Their loss to agree to it then decide against it after wasting everyone's time
Amazing look into the non glamorous side of selling collectible and numismatic coins.
Straight facts s the best way. Honor is a great attribute that all should partake in
Been buying and selling coins for over 40 years and you meet all kinds of characters mostly good and some not so good,you all did good and remained professional and calm,that's the long term key because you'll have repeat buyers and sellers come back,keep up the great videos and have a blessed day.
Great video. Like how respectful you were in the first part. People need to realize how important your time and there time is. Keep them coming
It’s not all sunshine and rainbows! Thanks for capturing and sharing both sides of the business. Keep it up!
I feel you and your brother,matter of fact your entire family are up front honest and extremely respectful folks . When a person agrees with you on the phone shows up and starts there back n forth GAMES. You did the right thing. Furthermore I think in the future you may want to as you always are Politely tell him What your deal with EBay is None of His business and you find his questioning extremely offensive and RUDE . If he hadn’t committed/agreed to your Price . Different story . But since they are wasting yours and your brothers time . I would have said hey no worries if ya change your mind and the coins still here give me a call . Good Day Gents.Second part. You guys got it . You’re doing great . Congratulations on your excellent trade !!! God bless
you were ultra respectful as 100% the coin fitting into a collections was all before the deal.
You handled it very professionally. What people don’t realize a lot of times is that when they pull these kinds of “tricks”, the seller never forgets.
You guys really do a great job of teaching how to buy and what to buy. Most dealers keep their secrets to themselves but you don’t.
In sales, these five words are crucial' IF I COULD WOULD YOU. So when you were on the phone with him " if I could do this price for you, would you agree to purchase it when you're here? " If I could would you, very powerful. Clearly the guy was not prepared to pay that amount. He thought he could come and haggle but he was clearly mistaken. Thought you did. Very good otherwise. Looking forward to seeing you on what not! You guys popped into my stream the other day on what not Krishna Bullion coins.
You guys are great professionals! Everything can be a learning experience. Thanks for sharing videos where the meetings don't go as planned!
It’s good to show the good and the bad being in business. Everything is not all roses all the time. Sometimes you win sometimes you lose that’s life. Some TH-camrs just show the good or the big deals. They get all the time never talk about the deals. They don’t get which is a joke. It does happen and it will happen all the time. Best of luck to you.
Love watching young people that have great hobbies in a time of phones. I have collections of Hot Wheels, G.I Joe, Banks and coins.
Thanks for keeping the kid alive in people.
I would of ended the conversation a lot earlier than you guys , you did more for that guy than he deserved
I've seen folks like the guy with the 79CC Morgan before. An older coin dealer I worked with before called them lookie-loos and said that he's seen those kinds of folks all his time owning a shop. They like seeing the expensive coins and want to look at them, but never want to buy (or they want the coin for a lot less than the dealer paid). He never seemed to mind them until they started eating significantly into his time when he was busy. I feel like they wasted your time so I wouldn't have budged on the price either. In fact you guys were quite nice
So the second set of folks couldn't be bothered to attend the meeting that they demanded, then it turns out that they have a small pile of coins with very little value. Unless the folks are willing to meet when you guys were already planning to be in the office a few pictures is a very small thing to ask, or at least tell you what they have. If they don't know what the coins are and won't send pictures it's probably not worth your time
I appreciate the time and attention that you bring to each video. I am new to numismatics and have learned a lot from you.
Love the respect and honesty yall show. Treat your neighbor as you treat yourself! God bless and happy holidays 🙏🤙🎄
I think you handled business correctly! Although that has to be a bummer! At least cause you don't get that sale.! That's the business!! 😊
Thanks for sharing that experience with us!
Really appreciate your channel. Because they way you break it all down I've learned from you guys.!!. Keep them videos coming!!
True gentlemen! Far more polite and patient than most. Thank you for sharing.
I think you had a couple of valuable deals. Life's full of lessons, and nobody gets it right all the time. The hardest part somtimes is not holding these people's failures against future clients. If business was easy everyone would be in business. Best of luck moving forward.
Felt you were very respectful thru the entire negotiation on the Morgan dollar. Even though the transaction did not take place, based on the background of the need for a face to face meeting to see the coin live , you handled it fairly . If it doesn’t fit the customers side , there are other opportunities available elsewhere. Good job!
I love to see the coins you guys get to hold from private collections. Thanks for showing your process. I think getting the photos ahead of time gives you more opportunity to research the coins and get history on them.
Hi Guys. I have really enjoyed your videos. I offered ya'll some coins and was a little butthurt you didn't want them. It reminded me of a very important fact, "no one is obligated to buy, or to sell." I collect coins to have fun, meet other folks into coins, and basically live a chill life. My life and happiness cannot be distilled down to the value of a coin. Ya'll helped me re-center, so thanks. I really dig the Whatnot community, like everyone I'm a buyer and a seller. The key is what I just described, knowing that not every coin is going to sell at every show. Sometimes the people want Mercury dimes, sometimes classic commems, and Morgans are always on the menu. The fun is the interaction. I have bookmarked your show, and I've shared it to my followers. Play nice with the other kids ya'll.
You guys are BEYOND gracious! Not a downfall but quality that will secure your business reputation for decades. Sorry to see you done wrong like that. Keep up good work.
You guys handled those situations perfectly, even going beyond reasonable each time. There will always be the occasional absurd interaction. Keeping it professional with every client will always pay off in the end, solidifying your business reputation.
You should call if you can't make a meeting so the other people aren't sitting there waiting, it's common courtesy. You both had a lot patience dealing with these people. Great video.
So unprofessional to not send pics then the phone calls are just ridiculous. What's great is you guys learn from every experience whether positive or negative. I love how you both keep a cool and level head while talking to the potential buyers/sellers keeping everything clear is good business.Thank you for the awesome information on the world of numismatics and the selling of these beautiful coins. 👏👏🎅🎅 Merry Christmas and Happy Holidays to you both
Good job guys. They discussed trying to talk you down all the way to the meet.
I just started my collecting journey just recently I bought an MS 62 1921 piece dollar as an early Christmas present for myself, I’ve always loved the look of the Peace dollar over the Morgan dollar personally. I found this channel while looking for info on collecting coins. I’ll definitely be watching more of your videos to become more informed while collecting.
Well here are my thoughts I've been in similar situation where they talk you down on the phone then they get there and they talk you down a little more and I fell for that once and I still was making money so I did it but it pissed me off and I'll never do it again. But mainly I don't think they were there to buy it in the first place I think they just wanted to see it they were wasting your time and the other reason I think they were there to pitch their little line for the other coin that he wanted you to keep in mind for him to buy in the future. He presented himself as a big buyer by showing up to look at this expensive coin just so you would remember him for his other coin that he really wanted. I think you did the right thing you should have sent him packing earlier
You both handled the interaction with grace and were very respectful to them. It appears they were just being petty and cheap trying to get the coin for close to what you got it for which would make zero sense. They knew the nogociated price and when they saw it in person they were shocked at how great it was. Personally if i were meeting you and saw how nice it was, I would have offered you the store price (even if you agreed to do less) cause as a fellow coin collector and seller for 29 years now, I understand both sides and have no issue paying up for high end coins I want. Keep doing what you do. I love your videos. Onward and upward.
Thanks for sharing these interactions! As a new coin collector it’s good to learn how to interact with your LCS.
There will always be those deals that fall through even when you take every precaution. But we all must endure unfortunate situations sometimes in order to see how much more fortunate the good situations truly are. Both of you are extremely respectful and diligent about all that you do no matter if its a $300 dollar coin or a massive $60,000 dollar collection. I have nothing but respect for you guys in the way you've handled any situation. Good stuff guys!
At the end of the day you have to be profitable or why even be in business. You guys were up front about what you wanted and what you had so I believe you were right to stick to your price that they had already agreed on. They were just trying to low ball you which is typical behavior. Get what you have to get out of the coin or just keep it in your own collection because it is only going to go up in price. Good job as usual and love your channel.
I myself dislike negotiating in person after a price was previously discussed. I once did it knowing after the fact they more than likely would have paid the initial price. It'll be great to see you on whatnot. Looking forward to it.
Great positive approach:
Turning negative experiences into learning lessons!
Hats off to you two.
Congratulations on the 1801 deal!
Really appreciate you showing this side of the business!
I agree with you Drew. Thats a monster key date, ms62 CAC. I'm glad you didn't lower your price. I feel your price is very fair for that item.
They wanted the coin cheap to flip. Dealt with this before. Guy kept trying to get you to lower the price even though “it didn’t fit his collection”. You handled this perfectly and stayed polite and respectful.
Great video and 100% on your side on the first transaction. Let me add - $8620 would be the price after eBay fees. So the buyer was very wrong about that.
Regardless, the buyer didn’t handle the transaction correctly (we can’t always expect retail transactions to go cleanly - some people simply aren’t aware of trading etiquette)
I think you handled the situation pretty much perfectly. My only advice: when you are justifying the price of a coin to a retail client (which you shouldn’t have had to do in this case), I’d put more emphasis on why the coin itself is worth $8250, and leave out why *you need to get $8250. To a retail buyer, it doesn’t matter why you need the money - it matters more that they are paying the right number in a vacuum.
Certainly leave in the fact that you did travel to purchase the coin, etc - it lets the buyer sympathize with the work you put into obtaining the coin. But it shouldn’t factor into the price at all.
A very subtle difference but psychologically changes the dynamics of the negotiation.
Like the way you show the good, the bad and the ugly of our hobby. Thank you.
This is a great video for us new stacker/collectors. Its nice to see how the pricing works. Thanks for the video. Also they never intended to pay full price.
I think you totally done the right thing with the cc coin .. The lady with the world coins ,yes I guess you should of called her and confirmed about an hour before. All said ,time is money..All the best..
I think you’re solid from a business standpoint. I like locking in the number and I think the customer would wave the volatility of metals currently.
Unfortunately, it just a cost of doing business. You, have a situation where you thought you had “meeting of the minds” beforehand but he completely did a 180 on you guys. I’m glad you guys kept your professionalism and composure!
I admire the willingness on your alls end to learn from these interactions. Keep it up!
You guys did it exactly right. Sometimes a deal can't be reached. Always get photos unless you know the person or know about the person. That'll end the scenario of waste of time.
Deal 1 - you represented yourselves and the coin accurately. Nothing more could have been done - if they don't want to buy them that's how it goes.
Deal 2 - never waste your time on a deal unless you've confirmed what the seller has to offer. Especially foreign coins. Live and learn.
This type of video is helpful to showcase the various scenarios that might occur. Great job in sticking to your guns on the first case. You have shown in other videos with dealer-to-dealer negotiations that people have firm numbers that they have to have for a coin. You will always have customers trying to get a better deal no matter what you are trying to sell! Try using that lock in price language in your verbal negotiations and actual paperwork. Update your processes in regard to no show's clients. For example, physical therapy appointments have consequences if you do not show up for appointments. Doctor offices are another example. For Christmas you might invest in getting more copies of your keys so that doesn't happen again.
Love the way you explained it all out in details to where they can't try to negotiate. Keep doing what you're doing.
You both are very professional and knowledgeable and I'm very impressed with how you've handled those situations. You're going to go far in the business!
Thanks for the Tips, I'm also glad to say that I've got a pleasant friendship with my Local Coin and Bullion Dealer! My Local Coin and Bullion Dealer told me to becareful at flee Markets,I learned of a woman at the Flee Market selling Silver Chains,but unfortunately those chains didn't have alot of Silver on them! Turns out those chains were mostly copper with light Silver plating, however the woman tried passing them off as 925 silver! I was already skeptical when I seen the 925 wasn't actually Stamped on the Chain itself,but a tag hanging off a loop attached to the chain,I figured if people can do that at a flee Market people can also pass off fake coins and bullion! Hope some of the information is helpful to someone!best of luck!
The content you guys create is on par, if not better than, the business classes I had in college. Serious kudos and appreciation
Excellent call to not further lower your price. Not every deal is meant to happen. Keeping a bridge in place can be helpful. For instance, closing a meeting with an invitation to future deals saves face for a non buyer in the future.
Just like you agreed on the phone they knew the price. If it met what they wanted they should pay the agreed price. If it didn’t thank you guys for your time. I think you did exactly what I would have done. Everyone wants a better deal I get that but sometimes the price is what it is
you did the right thing,some folks just want that extra discount.he agreed to the price on the phone so no problem on your end on the CC
There’s so much to know. How you guys did it is amazing. I always learn something but now I write it in a notebook.
Stick to your phone price. I’ve seen this ploy many times. Great job fellas.
Say what you mean, mean what you say and say it nicely!!! You did that. I totally agree with the way you handled the deal. 🤑💰
Really admirable of you guys to be so patient with the first guys, to say in person that it's 20% of his collection as that is some how your fault and then the CAC premium also like both were unknowns is just bad etiquette. I don't also get asking then to source a non CAC example like it's such a lower price point.
It’s great to see an example of a deal which did not go through. Impressive to see how you stick to your guns. Great negotiations guys, sometimes you have to be able to walk away.
Really appreciate your openness in these vids, and also your attitude, very professional and courteous’. Learnt a bit about ebay costs too!
Have to factor in wasting your time, to the price. You handled the situation well.
Amazing how people can be rude. I understand trying to get a good deal, but be up front from the start. Thanks for the video and hopefully people will learn from this.
I wish I could find a LCS that is as respectful and transparent as you all are. You were straight up in your communications in this transaction. He was not.
For that first potential sale, I think it was not only great how you broke down what you'd net had it sell on eBay vs an in-person transaction. Not to mention the fact that they'd be getting a better deal in-person + the fact that you'd actually be netting less. You seem to only present reasons to buy the coin and give no reasons a person wouldn't. Unfortunately that doesn't change the coin sitting there. Can't sell a multi-thousands of dollar coin for pennies on the dollar just because. Bravo gentlemen!
it's nice to see the other half of the interactions of owning a coin business. keep up the good work
You did the right thing and handled it professionally.
Agreement is made and should be held. The potential buyer was trying to renege on the deal which is totally unacceptable. Glad you held your ground.
Drew & Casey, you two guys are far better men than I am, because I would’ve told those two ancient tire kickers to go beat sand at the 8 minute mark of your video.. God Bless you guys!! 🙏🙏💪🏻💪🏻
From everything I've seen You guys seem fair, I'm not to old yet but I'm no spring chicken and I'm in the works of jotting down places my little niece can take my collection when i am gone, these guys are on the list so far. I like how you guys put these things on video for all to see.
I agree with you on not budging on the CC. It would really suck to waste that much time in both these scenarios, but I guess that's just part of the business.
I think you guys handled the first situation fine. I personally would have been a little annoyed by the buyer, but oh well. About the only improvement I would have made was to have STRESSED to the buyer that you were 100% firm on the price before he traveled to your office. Maybe you did, but he still thought you had more room. Anyway, good job. Very professional dealings. Thx for creating these vids. Super fun to watch and learn.
they said $8250 and he said I can do that, if I like the coin?
Great content. He wasn't a buyer at all in the first 2 min he was looking for anything to get a lower price cause he thought im here in person with cash and he was sure he would get it lower I'm glad you stuck to the price great job.
See ya on whatnot! First time your channel came up in the algorithm… love the video and the entrepreneurial spirit!
You dudes seem so knowledgeable and so honest