dejapooh
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posted on February 27, 2008 10:51:03 AM
take an offer.
I once asked what someone wanted for an Olympic pin as a buy it now. He came back with $100 for the pin for $1000 for the collection, as long as I agreed before there was a bid. I Agreed, but there was a bid before he saw the email, so he said sorry. The pin pin ended up going for $25,000 and the collection was well over $65,000.
My friend had up a violin that was not pretty. He had it listed for $25. He was offered $100, and was thinking of countering at $350. He ended up waiting and got $550.
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dejapooh
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posted on February 27, 2008 10:51:55 AM
any other stories? I was inspired by the Lallique piece in another thread.
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cherishedclutter
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posted on February 27, 2008 10:58:53 AM
Nothing as grand as your pins. But I was once offered $500 for a vase that eventually sold for $860.
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cashinyourcloset
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posted on February 27, 2008 11:18:12 AM
[SHAMELESS PLUG]go to http://www.createspace.com/3334460 and enter code PN4UYCG6, you will get 45% off the list price[/SHAMELESS PLUG]
In my book, I have a spreadsheet that shows 66% more money by refusing ALL OFFERS. I'll copy a bit of it here:
Claude
Edited to add PS: I excluded all obviously low-ball offers. These were all offers that seemed 'reasonable' at the time.
[ edited by cashinyourcloset on Feb 27, 2008 11:19 AM ]
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cblev65252
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posted on February 27, 2008 01:10:48 PM
Wow! What a great sale! I've learned by my dress clip to not take offers. It usually means there is someone who knows something you don't.
In the words of BTO - Would you let it ride, would you let it ride, would you let it ride. . .
Oh, great. Now I'll have that song in my head for hours.
Cheryl
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fluffythewondercat
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posted on February 27, 2008 02:21:47 PM
While that is probably true for collectibles, I don't think it holds all across the board. Where there are many similar or identical items, accepting a offer may be your best move.
So I don't think you can say Never.
fLufF
--
Now updated daily. Jewelry news, views and pretty baubles for those with low impulse control.
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ladyjewels2000
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posted on February 27, 2008 02:25:49 PM
Just got finished politely telling someone no on an offer. I'll know tomorrow if it was a good call or not.
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cashinyourcloset
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posted on February 27, 2008 02:38:50 PM
While there are no guarantees, you are in effect betting that there is only one person who is aware of your item that values it as highly as the person who made the offer, and that the offer was as high as that person was willing to go. I think it's a long shot.
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merrie
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posted on February 27, 2008 03:16:48 PM
This also happens to me when I use a BIN. Half the time someone bids, so the BIN goes away and about 3/4 of the time the item sells for more than the BIN!!
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profe51
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posted on February 27, 2008 09:00:14 PM
My best sale was almost lost that way. I had a 1930's California Monterey Mission Buckaroo chair listed with a 1200 dollar reserve and no BIN. It went off slow on bids but I was inundated with offers to sell outside for 1K-2K. I thought about it long and hard. That chair had been around here since it was new...decided to let it ride. It made $5700+
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alldings
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posted on February 28, 2008 05:30:05 AM
Not a real biggie I recently sold a widget I thought might bring 30-40 bucks if I got lucky it went for over a 100. I've managed a few of those. tiny book about wine labels that I pulled out of free bin sold for 80 bucks. A set of wooden pulleys with original rope also free to me, sold for around 60-70 bucks.
One persons trash can be an eBay treasure!
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dejapooh
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posted on March 5, 2008 10:45:44 AM
ladyjewels2000, what happened?
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ladyjewels2000
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posted on March 5, 2008 10:54:21 AM
Well the item didn't sell so I put it in my store and I'm taking offers. I've already had 2 offers but both were low. I think the problem was there were 2 of the same item scheduled for a live auctions and they started their at half what I had mind for but both sold for $100 and $250 more than what I had mine listed for - so I'll wait to get what I want. It will happen.
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