Purchasing through Numista

I understand that it's not permitted to buy or sell through Numista, but some users have labelled their coins or banknote with a price tag in comments. Is that not a violation of the Numista terms and conditions?

When you swap you also need a value to equalise a trade.

Idolenz

When you swap you also need a value to equalise a trade.

But that's much different from blatantly asking for a price indicated in dollars or Euros.

Maybe some users haven’t removed it though due to them forgetting or maybe they have a price as some kind of reference.

Prices are there so your swap partner knows a ruff estimate on the coin and can offer accordingly. Value is usually given to those coins that are worth more than pocket change so it's clear the person offering it doesn't want pocket change in return.

Also, as far as I know advertising sales is prohibited, not sales discussed by willing parties via private messages. I still buy and sell off of Numista and find it more fair than sites such as ebay.

cro321

Prices are there so your swap partner knows a ruff estimate on the coin and can offer accordingly. Value is usually given to those coins that are worth more than pocket change so it's clear the person offering it doesn't want pocket change in return.

 

Also, as far as I know advertising sales is prohibited, not sales discussed by willing parties via private messages. I still buy and sell off of Numista and find it more fair than sites such as ebay.

Adding a price for a reference is one thing but asking for $150 for a relatively recent note of $100, what kind of reference is that?  I have seen a number of users asking for extra money for something recent. That's a clear violation of the rules set. I want to ask Numista if we can report such users and if they would take an action against it.

thegamesbond

cro321

Prices are there so your swap partner knows a ruff estimate on the coin and can offer accordingly. Value is usually given to those coins that are worth more than pocket change so it's clear the person offering it doesn't want pocket change in return.

 

Also, as far as I know advertising sales is prohibited, not sales discussed by willing parties via private messages. I still buy and sell off of Numista and find it more fair than sites such as ebay.

 

Adding a price for a reference is one thing but asking for $150 for a relatively recent note of $100, what kind of reference is that?  I have seen a number of users asking for extra money for something recent. That's a clear violation of the rules set. I want to ask Numista if we can report such users and if they would take an action against it.

Why do you have such a problem with this?

jc'scoins

thegamesbond

cro321

Prices are there so your swap partner knows a ruff estimate on the coin and can offer accordingly. Value is usually given to those coins that are worth more than pocket change so it's clear the person offering it doesn't want pocket change in return.

 

Also, as far as I know advertising sales is prohibited, not sales discussed by willing parties via private messages. I still buy and sell off of Numista and find it more fair than sites such as ebay.

 

Adding a price for a reference is one thing but asking for $150 for a relatively recent note of $100, what kind of reference is that?  I have seen a number of users asking for extra money for something recent. That's a clear violation of the rules set. I want to ask Numista if we can report such users and if they would take an action against it.

Why do you have such a problem with this?

And why do you NOT have a problem with the violation of the website's policy? Aren't you supposed to support the rules of the website? Or Numista should scrap the policy and create an official mechanism for buying and selling through this website.

thegamesbond

 

Adding a price for a reference is one thing but asking for $150 for a relatively recent note of $100, what kind of reference is that?  I have seen a number of users asking for extra money for something recent. That's a clear violation of the rules set. I want to ask Numista if we can report such users and if they would take an action against it.

The person values that note at 150$ and it's a reference for you, who values it at 100$, to not swap for it. There is no official world pricelist or ruling authority for coins and notes that sets values in stone and everyone is free to value what they have according to their own standards. A person can ask for whatever they want in return, you can accept, try to negotiate or politely decline.

thegamesbond

And why do you NOT have a problem with the violation of the website's policy?

The Numista Terms of Use does not not address sales in any way.  The only prohibition is in the Forum Policy which states in its entirety:

Sales or inducements to sell are prohibited. Promoting or indicating sales or purchases through forum signatures or member profile descriptions is also not permitted. One link redirecting to the personal profile of a member on an external selling platform is tolerated on the member's profile page through the dedicated field “Personal website”.

I fail to see how a member adding a value comment on their swap coins/banknotes/exonumia violates the Forum Policy.

rsirian1

thegamesbond

And why do you NOT have a problem with the violation of the website's policy?

 

The Numista Terms of Use does not not address sales in any way.  The only prohibition is in the Forum Policy which states in its entirety:

 

Sales or inducements to sell are prohibited. Promoting or indicating sales or purchases through forum signatures or member profile descriptions is also not permitted. One link redirecting to the personal profile of a member on an external selling platform is tolerated on the member's profile page through the dedicated field “Personal website”.

 

I fail to see how a member adding a value comment on their swap coins/banknotes/exonumia violates the Forum Policy.

If a person has clearly indicated a price for an item they're willing to offer you at, how is it not an inducement? But then if all members are fine with violating the term (including the administrators), that renders it just a formality. This means there will be no repercussions so I, too, will use this website as a selling medium knowing that I can easily manoeuvre this specific condition. So, it's fine.

thegamesbond

 

If a person has clearly indicated a price for an item they're willing to offer you at, how is it not an inducement? 

I wish you a nice holiday, colleagues, and without stress.

      This statement is misunderstood in the context of collecting.  Each collector can assign a price to a coin or banknote - how he perceives its value in relation to the possibility of exchanging it-  however, it is always just a subjective opinion.

      The vast majority of collectors in their decisions are open to discounting the request if the consideration is attractive to them, and the reverse is also true.  ( I personally don't like haggling but it happened to me here that I refused to send a silver coin in exchange for a Tonga-Tonga rectangular aluminum coin ,,FAO,,)-I refused it on principle
and a higher moral code (aluminum cannot be exchanged 1:1 for silver)

I recently published the bills that the post office gave me for the returned electricity deposit:

And now the magic of "nattophilia":local collector folklore may value circulating notes unexpectedly high for some reason:

You can't always know, my friend, why 100 crowns can cost thousands.

I have one definite reservation: rather, it seems to me that we are undervaluing coins- we keep the same prices and the world has moved away from us and the prices have gone up 100 percent.

,, Time here we are reducing the price of antique coins, that's under $5,,- And for 1 cent 50 years old, we want 10$  -Yes, everything is determined by the market and demand with supply

             But we, fellow collectors, are the market - we set the prices at which we are willing to buy!

That's why we have this forum right here and even this question of a new-starting collector is justified and needs to be explained in an understandable way. 

,,  The prices are set by the collector as an invitation to trade - the consideration should be the same,, 

Silver for silver does not always apply, sometimes a copper coin can be exchanged for a gold one. It's up to us, colleagues, and please always pay special attention to the new - beginner collector - others are also reading this and thinking.

Lately, I like to buy antique coins of old Hellenic Greece for two $ each-however, I don't think that the value of a particular coin after identification is always 2$ -sometimes only 1$ ( humor)

,, True collecting is not about utility - it's about variants - peculiarities - joy and excitement ,, "Happiness hormones" is a popular term for a group of hormones and neurotransmitters that cause people to feel pleasure, well-being, happiness, etc. These include serotonin, dopamine, oxytocin and endorphins.,,  and comparing who is more, prettier, rarer and better-coins and bills in collection,,   

                                                                                       ,, this is no place for the wolf of wall street,,

Ahoj Ivan

Yes colleagues, I realized the mistake and therefore the explanation- ,, even a $100 bill can cost $150,,

- UNC, and an interesting series and number increases the price, serial number of the banknote , ETC. ETc

,, And Pakistani banknotes have a great future - my friend, so focus on collecting UNC banknotes with an interesting serial number,,

Banknote offer,,UNC + number A 000 007,,  will be interesting in James Bond countries and you can increase the price tenfold.

That was probably the problem in my opinion.

Why are the prices of 100 dollar bills for 150 dollars? Colleagues from the USA why? well explain.

Ivan

Hey Ivan,

Thanks for the detailed insight, it's always good to hear from you. Well, mostly people misunderstood my concern so I'll try again; let's say a newly printed £50 polymer note which has only started circulating recently and is highly likely to be available in almost every country of the world at the face price. There's nothing antiqueness about it and anyone can get it for £50 from a money changer, now someone prices it at, let's say, £85. Aren't they trying to rip a fellow member off, isn't that the same attitude of the people selling at eBay? Yes if it's very hard to get then you can and must value it high but trying to rip people off for something that has a rarity index of 6 is incomprehensible.

Hope I was able to make it clear for everyone else, it was just an effort to get a better understanding.

thegamesbond

 

Hey Ivan,

 

Thanks for the detailed insight, it's always good to hear from you. Well, mostly people misunderstood my concern so I'll try again; let's say a newly printed £50 polymer note which has only started circulating recently and is highly likely to be available in almost every country of the world at the face price. There's nothing antiqueness about it and anyone can get it for £50 from a money changer, now someone prices it at, let's say, £85. Aren't they trying to rip a fellow member off, isn't that the same attitude of the people selling at eBay? Yes if it's very hard to get then you can and must value it high but trying to rip people off for something that has a rarity index of 6 is incomprehensible.

Hope I was able to make it clear for everyone else, it was just an effort to get a better understanding.

Even at that point there currently exists modern coins and banknotes and the likes who command an hefty premium in good condition simple due to scarcity or errors or who knows an good example whould be anything modern swedish in unc condition often commend double or more then its face value on banknotes simple since a huge chunk of our banknotes are still the ones circulating from 2016 onwards. 

Making such things like our smallest note the 20 sek note in unc go for about 35-60 sek a note in that condition and thats locally. 

Older swedish stuff in good condition however is wildly overpriced compared to local for older banknotes tough and thusly its rather pointless to swap for a note i can source for half the price at home. 

Well met, friends,

If someone is over-valuing their swap item, they are more than welcome to hold on to it in perpetuity. Nobody is beholden to trade at that value. I find it helpful if I see such outlandish values because it tells me that I am not likely to agree on an exchange, so I move on.

Don't stress it too much. Negotiate in good faith and just understand that some things will be worth more to one collector than another. If you don't agree, you thank one another for the discussion and go on your way.

Happy collecting!

calm down   :  added value without VAT