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1948 Leaf Babe Ruth sgc 4 fs sold
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PM sent.
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Sold card while we were negotiating. No heads up, no warning. Nice business practice. 🙄
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“I’ll take it” trumping on-going negotiations is pretty standard I believe
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thanks
Thanks Dan. That said, I am not going to bash Tony....he was inquiring in good faith. I had multiple people inquiring and it went to the first person committing to buy. I can understand Tony’s frustration as I have lost out on cards too. Several years ago, I waited a few minutes too long on a 1951 Bowman Mantle psa 6 for $4,000. So Tony is still ok in my book even if he stays mad at me.
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great card
I'll take it is the magic phrase on here..... when I was a kid, I was selling a lawn mower out front of our house (this was back in the 1960s) .... I was asking $25 .... a guy I didnt know from down the street stopped and looked at it and said "Let me think about it" and left with no offer and I didnt even know who he was and how to reach him. My nextdoor neighbors Dad came by later and said he would take it for the $25 dollar asking price.........I told him well I dont know someone else was looking at it first....told my Dad and he said SELL MR YEE THE MOWER ..... so the deal was done and I learned that money on the table trumps "I will think about it" every time with no regrets! Never did hear from that other guy either!
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I received a card in the mail today from a member who bought it right before I could, here on the BST. He made some decent pocket change too in selling it to me. Early bird gets the worm...
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I understand the "I'll take it" unwritten rule but if you're negotiating back and forth on a price, shouldn't you let them know that you have another offer/buyer and give them a chance to match? Seems like the right thing to do, since they were first.
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dead horse
Thank you everyone. To be clear, neither the buyer or Tony was the first to talk to me about the card and everyone had the same offer. I get why Tony is mad and I have no reason to believe that he is anything other than honorable. If he wishes to be upset with me that is his right. I had multiple inquiries and I accepted the first firm commitment to buy. The buyer inquired about another card and I had to decline that inquiry since another buyer had committed to that card. It is always going to be hard when there are multiple interested parties. I tried to be as fair as possible and if someone is upset I truly regret that. If people want to bash me on this it is fine, but I do want to emphasize that I am not mad at Tony. Another buyer committed literally as I was responding to his request for additional pictures. Tony was acting in good faith and I appreciate that.
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Just wanted to add that I bought a card from Robert and have inquired about several others and my card was delivered the next day and Robert has replied to my questions very quickly - he is great to deal with IMO.
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It’s all good
All good. Tony is a good guy and I don’t want anyone to think otherwise
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Enter into negotiations and run the risk someone steals it will a flat our acceptance of requested price. How it works.
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Yes, this. You cant possibly expect the seller to juggle various negotiations when someone offers to "take it" at the advertised price.
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I’ll take it gets first priority and interrupts any negotiation. That is trading etiquette.
If that were not the case, you’d back bid every card immediately, just to get the free option of getting last look. If a buyer is coming in right at the seller’s level, the seller owes nothing to anyone else. |
From a sellers point of view.
If a buyer is coming in right at his level, any hesitation on his part gives the buyer license to back out. A seller would not, and should not, risk that. |
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If winner did not pay posted price, then those rules don’t apply. You’re correct.
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My two cents. Simultaneous negotiations are tricky. I’ve had situations where a seller ends up running a bidding war between potential buyers going back and forth - that pisses me off. I believe the best course is to negotiate in good faith and sell to the first acceptable solid offer without strings. Communicating whether a sale is a hold or not would have helped in this instance. I do understand that there will be grey areas (as in this case), but the alternative could become a slippery slope. I commend the overall attitude of the folks involved and understand the conflict and disappointment.
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