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  #1  
Old 10-07-2018, 09:36 PM
silvor silvor is offline
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Default PWCC and Probstein "best offer" listings questions

Anyone ever make offers with either of these guys?

What % of a offer off their listed price would you feel comfortable with?

Do they respond fairly quickly or take the full 2 days?

In the "notes" section, do you say why you are making that offer?


I've used the best offer on other sellers to various degrees of success, but just wonder how the big boys play.
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  #2  
Old 10-07-2018, 09:40 PM
1952boyntoncollector 1952boyntoncollector is offline
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Quote:
Originally Posted by silvor View Post
Anyone ever make offers with either of these guys?

What % of a offer off their listed price would you feel comfortable with?

Do they respond fairly quickly or take the full 2 days?

In the "notes" section, do you say why you are making that offer?


I've used the best offer on other sellers to various degrees of success, but just wonder how the big boys play.
well i have no direct knowledge but i doubt they care what you put in the 'notes' section..
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  #3  
Old 10-07-2018, 10:03 PM
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kailes2872 kailes2872 is offline
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I could be wrong, but in nearly every case they are auctioning consigned merchandise. Therefore, I would assume that they would need to put that offer in front of the consigneor. And with so many auctions, I doubt that they have the time for that. The consignor has already taken a risk by allowing it to open at 99 cents (cough - say what you want about hidden reserves). But they are banking on the eyeballs that these two dealers get to maximize the price over the fee. Let me know if I am wrong and I will start offering but I just don’t see it happening very often if at all.
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  #4  
Old 10-08-2018, 07:09 AM
silvor silvor is offline
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Originally Posted by 1952boyntoncollector View Post
well i have no direct knowledge but i doubt they care what you put in the 'notes' section..
I will sometimes explain why I am making that particular offer. It usually helps.

Something like, last 3 sales were $505, $515 and $525. So my offer is $550.

But yeah, I can't believe Probstein or PWCC cares.

Last edited by silvor; 10-08-2018 at 07:09 AM.
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  #5  
Old 10-08-2018, 08:56 AM
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IgnatiusJReilly IgnatiusJReilly is offline
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I have made best offers to Probstein and received a response in 24 hours. I didn’t write anything in the notes except “thanks for considering”. He came back with a reasonable counter, which was something like 15% off the original BIN.


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  #6  
Old 10-08-2018, 09:30 AM
1952boyntoncollector 1952boyntoncollector is offline
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Quote:
Originally Posted by silvor View Post
I will sometimes explain why I am making that particular offer. It usually helps.

Something like, last 3 sales were $505, $515 and $525. So my offer is $550.

But yeah, I can't believe Probstein or PWCC cares.
I dont think they need you to 'educate' them.
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  #7  
Old 10-08-2018, 08:06 PM
Empty77 Empty77 is online now
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Quote:
Originally Posted by IgnatiusJReilly View Post
I have made best offers to Probstein and received a response in 24 hours. I didn’t write anything in the notes except “thanks for considering”. He came back with a reasonable counter, which was something like 15% off the original BIN.


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Ditto this. I've BO'd to Probstein before, offering a tad higher than previous sale but below the ask (a scarcer-volume type item that had no public sale recorded in about 2 years, which is why I was somewhat impatient to wait for something to come around to live auction). They answered back in about a day (definitely not the same hour) b/c for sure they work plenty of volume, with a counter and we settled also about 15% under their Ask and if I recall about 15% above the prior recorded sale per VCP.

I also concur with both opposing replies regarding the comment section, that it doesn't hurt to give a reminder about sales, so they know you know your stuff, but also agree it isn't necessary, since from just these two samples we can begin forming a theory that they may set the Ask at a consistent premium to prior sales, and so can 'do the math' on any offer without troubling themselves to look it up again, no matter how much volume they handle. I surmise that is by design.

(no personal experience with PWCC BINs, and also can't recall seeing one, but maybe they don't commonly operate that way in my niche.)
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  #8  
Old 10-09-2018, 08:43 AM
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Peter_Spaeth Peter_Spaeth is offline
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I've had success with a couple of offers to Probstein. No comments just offered a price maybe 15-20 percent below his list.
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  #9  
Old 10-09-2018, 11:03 AM
jfkheat jfkheat is offline
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In the past year or so Probstein has listed quite a few cards with BIN or BO with the BIN at 2 to 4 times VCP average. They have a couple cards that I want. One card that they had listed for a little over $900 OBO. The VCP and last sale was $335. I offered $400 and was turned down. They recently dropped the BIN to a little over $800
James
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  #10  
Old 10-11-2018, 02:53 PM
Beastmode Beastmode is offline
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Quote:
Originally Posted by silvor View Post
I will sometimes explain why I am making that particular offer. It usually helps.

Something like, last 3 sales were $505, $515 and $525. So my offer is $550.

But yeah, I can't believe Probstein or PWCC cares.
+ I agree with this. Did this at the national with several successful purchases; all over VCP, but just not the 3x that they wanted. Sellers that want to do business appreciate an educated buyer. Sellers that are looking for suckers don't.
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