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#1
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That o/t 58-D lincoln .....
Remember the coin that sold for $92 he
http://cgi.ebay.com/ws/eBayISAPI.dll...tem=3900641865 I got a call from the seller today. A very nice man who didn't like something about the coin. If you look at the image in the auction there is a light scratch above the 9 in the date. Look directly above the 9 and you can see the scratch. It veers off to the right of the coin from there. As I said before the guy is a nice guy. We chatted a bit then got down to business. He asked if he could either return the coin or get some kind of adjustment on it. I told him that I'd do either one and would leave it up to him. We were both uncomfortable about the situation so I thought about what I had into the coin ($5 dollars) and I thought about the price that I thought the coin would go for ($50 to $150 .. yes I know that is a huge spread but I don't claim to be a master at predicting what someone is going to pay). Thinking about this while chatting and while looking at the ebay image all at the same time I just decided to accept the low end price of what I thought the coin should go for. I agreed to credit the guy $42 dollars for the coin. I really liked that coin but I decided to sell it so that is what I did. Did I get duped? I don't think so. Did I offer too much for the adjustment? Maybe. I feel that $50 dollars for that coin is a steal. I did though state in my auction that the coin was problem free. The scratch wasn't a problem to me but it obviously was to him. Oh well, the final outcome is still in line with what I expected. I made a decent profit and the guy has a coin and feels good about the price he paid. I sit here and wonder what any of you might have done. I could have offered a full refund and offered the coin to the second highest bidder but didn't want to go through any of the hassles. I'm happy-ish and the buyer is happy so what else could you ask for? |
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#2
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Subject should have read "That O/C" ..... not o/t
-- Jason Craton ---- CONECA N-3407 --- WINS #5 --------------------------- Interested in error coins? http://www.error-coins.com - A work in progress (lack of progress really). Nick is a DICK! Reid is a troglodyte! |
#3
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On Mon, 15 Mar 2004 13:10:10 -0800, "J. Craton" wrote:
I sit here and wonder what any of you might have done. I could have offered a full refund and offered the coin to the second highest bidder but didn't want to go through any of the hassles. I'm happy-ish and the buyer is happy so what else could you ask for? Jason, there are buyers who make a habit of doing this. For me, it would be all or nothing. I would have told him to return it, refunded his money in full, and relisted the coin. Another one added to my BBL. -- K6AZ WEB PAGES http://www.k6az.com/web_pages.htm |
#4
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"J. Craton" wrote:
I made a decent profit and the guy has a coin and feels good about the price he paid. I sit here and wonder what any of you might have done. I could have offered a full refund and offered the coin to the second highest bidder but didn't want to go through any of the hassles. I'm happy-ish and the buyer is happy so what else could you ask for? Jason, I would like to ask you one question. Are you going to be able to go to bed tonight and get a good nights sleep? As long as you can, what else matters? I like to be able to sleep at night..... You know what I mean. Roscoe |
#5
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"J. Craton" wrote in message ... Remember the coin that sold for $92 he http://cgi.ebay.com/ws/eBayISAPI.dll...tem=3900641865 I got a call from the seller today. A very nice man who didn't like something about the coin. If you look at the image in the auction there is a light scratch above the 9 in the date. Look directly above the 9 and you can see the scratch. It veers off to the right of the coin from there. As I said before the guy is a nice guy. We chatted a bit then got down to business. He asked if he could either return the coin or get some kind of adjustment on it. I told him that I'd do either one and would leave it up to him. We were both uncomfortable about the situation so I thought about what I had into the coin ($5 dollars) and I thought about the price that I thought the coin would go for ($50 to $150 .. yes I know that is a huge spread but I don't claim to be a master at predicting what someone is going to pay). Thinking about this while chatting and while looking at the ebay image all at the same time I just decided to accept the low end price of what I thought the coin should go for. I agreed to credit the guy $42 dollars for the coin. I really liked that coin but I decided to sell it so that is what I did. Did I get duped? I don't think so. Did I offer too much for the adjustment? Maybe. I feel that $50 dollars for that coin is a steal. I did though state in my auction that the coin was problem free. The scratch wasn't a problem to me but it obviously was to him. Oh well, the final outcome is still in line with what I expected. I made a decent profit and the guy has a coin and feels good about the price he paid. I sit here and wonder what any of you might have done. I could have offered a full refund and offered the coin to the second highest bidder but didn't want to go through any of the hassles. I'm happy-ish and the buyer is happy so what else could you ask for? Hmmm. Your buyer has a couple of negs that are interesting. I also notice that he bid again while already top bidder with his $92, so no telling how much he was prepared to bid to win the coin. Two other bidders had bid more than $50, so I would definitely say you adjusted to a bargain price. If the scratch shows much worse in real life than the image, then perhaps you were ok to adjust the price and put the coin behind you. If the scratch was actually as insignificant as it seems in the image, I think you should have refunded the money, less shipping charges, once the coin was returned, but not made a price adjustment. Bill |
#6
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"J. Craton" wrote in message
... Remember the coin that sold for $92 he http://cgi.ebay.com/ws/eBayISAPI.dll...tem=3900641865 I got a call from the seller today. A very nice man who didn't like something about the coin. If you look at the image in the auction there is a light scratch above the 9 in the date. Look directly above the 9 and you can see the scratch. It veers off to the right of the coin from there. As I said before the guy is a nice guy. We chatted a bit then got down to business. He asked if he could either return the coin or get some kind of adjustment on it. I told him that I'd do either one and would leave it up to him. We were both uncomfortable about the situation so I thought about what I had into the coin ($5 dollars) and I thought about the price that I thought the coin would go for ($50 to $150 .. yes I know that is a huge spread but I don't claim to be a master at predicting what someone is going to pay). Thinking about this while chatting and while looking at the ebay image all at the same time I just decided to accept the low end price of what I thought the coin should go for. I agreed to credit the guy $42 dollars for the coin. I really liked that coin but I decided to sell it so that is what I did. Did I get duped? I don't think so. Did I offer too much for the adjustment? Maybe. I feel that $50 dollars for that coin is a steal. I did though state in my auction that the coin was problem free. The scratch wasn't a problem to me but it obviously was to him. Oh well, the final outcome is still in line with what I expected. I made a decent profit and the guy has a coin and feels good about the price he paid. I sit here and wonder what any of you might have done. I could have offered a full refund and offered the coin to the second highest bidder but didn't want to go through any of the hassles. I'm happy-ish and the buyer is happy so what else could you ask for? Jason, I would have nicely told him to return the coin and would have reimbursed him for shipping. I then would have re-listed it and described the scratch. The scratch is extremely minor and I don't believe affects the value of an error like that. But if you're happy with the outcome, that's really all that matters. -- John Visit the RCCers favorite coins web page http://mysite.verizon.net/jcarney44/coins/rccers.html |
#7
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John Carney wrote:
"J. Craton" wrote in message ... Remember the coin that sold for $92 he http://cgi.ebay.com/ws/eBayISAPI.dll...tem=3900641865 I got a call from the seller today. A very nice man who didn't like something about the coin. If you look at the image in the auction there is a light scratch above the 9 in the date. Look directly above the 9 and you can see the scratch. It veers off to the right of the coin from there. As I said before the guy is a nice guy. We chatted a bit then got down to business. He asked if he could either return the coin or get some kind of adjustment on it. I told him that I'd do either one and would leave it up to him. We were both uncomfortable about the situation so I thought about what I had into the coin ($5 dollars) and I thought about the price that I thought the coin would go for ($50 to $150 .. yes I know that is a huge spread but I don't claim to be a master at predicting what someone is going to pay). Thinking about this while chatting and while looking at the ebay image all at the same time I just decided to accept the low end price of what I thought the coin should go for. I agreed to credit the guy $42 dollars for the coin. I really liked that coin but I decided to sell it so that is what I did. Did I get duped? I don't think so. Did I offer too much for the adjustment? Maybe. I feel that $50 dollars for that coin is a steal. I did though state in my auction that the coin was problem free. The scratch wasn't a problem to me but it obviously was to him. Oh well, the final outcome is still in line with what I expected. I made a decent profit and the guy has a coin and feels good about the price he paid. I sit here and wonder what any of you might have done. I could have offered a full refund and offered the coin to the second highest bidder but didn't want to go through any of the hassles. I'm happy-ish and the buyer is happy so what else could you ask for? Jason, I would have nicely told him to return the coin and would have reimbursed him for shipping. I then would have re-listed it and described the scratch. The scratch is extremely minor and I don't believe affects the value of an error like that. But if you're happy with the outcome, that's really all that matters. The more I sit here and stew, the more un-happy that I become. Oh well, it's done and over with. I'm sending a check out tomorrow and washing my hands of it. I talked with my wife about it earlier and she called me a "dummy"! .... Don't ever do business with my wife! -- Jason Craton ---- CONECA N-3407 --- WINS #5 --------------------------- Interested in error coins? http://www.error-coins.com - A work in progress (lack of progress really). Nick is a DICK! Reid is a troglodyte! |
#8
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J. Craton wrote:
Remember the coin that sold for $92 he http://cgi.ebay.com/ws/eBayISAPI.dll...tem=3900641865 I got a call from the seller today. A very nice man who didn't like something about the coin. If you look at the image in the auction there is a light scratch above the 9 in the date. Look directly above the 9 and you can see the scratch. It veers off to the right of the coin from there. As I said before the guy is a nice guy. We chatted a bit then got down to business. He asked if he could either return the coin or get some kind of adjustment on it. I told him that I'd do either one and would leave it up to him. We were both uncomfortable about the situation so I thought about what I had into the coin ($5 dollars) and I thought about the price that I thought the coin would go for ($50 to $150 .. yes I know that is a huge spread but I don't claim to be a master at predicting what someone is going to pay). Thinking about this while chatting and while looking at the ebay image all at the same time I just decided to accept the low end price of what I thought the coin should go for. I agreed to credit the guy $42 dollars for the coin. I really liked that coin but I decided to sell it so that is what I did. Did I get duped? I don't think so. Did I offer too much for the adjustment? Maybe. I feel that $50 dollars for that coin is a steal. I did though state in my auction that the coin was problem free. The scratch wasn't a problem to me but it obviously was to him. Oh well, the final outcome is still in line with what I expected. I made a decent profit and the guy has a coin and feels good about the price he paid. I sit here and wonder what any of you might have done. I could have offered a full refund and offered the coin to the second highest bidder but didn't want to go through any of the hassles. I'm happy-ish and the buyer is happy so what else could you ask for? I did not talk to him on the phone so I don't have a feel for him. However as a general rule I would have had him return the coin and resold it. I have a problem with people who find fault with things just to get a discount. I have rerun printing jobs in the past instead of discounting. I also have given the discount where the customer had a proven track record. -- George D Phoenix, AZ AAA, AARP, ANA, NRA, RCC ?+1, PIA, PIAAZ, GATF 85006-3032-18-4 Please use this address to mail me. Or remove the arizona in the link. Remember there is no Arizona. ALL emails incoming and outgoing are run thru Norton and AVG anti virus. |
#9
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From: K6AZ nospam@nospam
For me, it would be all or nothing. I would have told him to return it, refunded his money in full, and relisted the coin. I agree 100% that this is the right way to handle it. The guy may have been acting in good faith, but as a general rule it is unwise IMO to encourage this type of "haggling" or "chiseling." Regards, Tom |
#10
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I never heard of looking for perfection on an error coin before. Ed
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