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Referral question

Started by JIM F.,

6 posts in this topic

JIM F.

JIM F.

Posted
Posted

Recently someone ATS brought to my attention a coin for sale that I ended up purchasing at a ridiculously low price. To put things in perspective I saved about $1000 dollars over what I expected to pay. The coin is in a no problem TPG holder so no issues about the coin itself and I have received it. Would it be appropriate for me to pay the person who brought this to my attention a referral fee (even though it has not been requested) and if so what would be an appropriate amount? I feel somewhat compelled to reward the person ATS because I probably would not have found this without their help before someone else bought it.

 

Thanks for your opinions.

 

 

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Walkerfan

Walkerfan

Posted
Posted

If you feel like doing that, then that wouldn't be such a bad idea---it would have to be a personal decision.

 

If so, maybe 10%?? Just a guess....not more than that.

 

Even ONE percent on, let's say a $3000 coin (30 bucks) is a nice gesture.

 

A happy medium would be 5%. IMHO.

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Dudley the 1st

Dudley the 1st

Posted
Posted

To share Numismatic knowledge is but one reason these Forums exist. That said, if you feel personally obligated to make a financial gesture than you might want to discuss this with the other party, privately.

 

I'm certain you can have a mutual respect and appreciation for each other without complicating it by trying to decide on 5% or 10%and asking for public opinions about what percentage may be appropriate. .Perhaps just a well thought out and delivered " Thank you " will suffice along with continued " Free" exchanges of individual expertise.

 

Happy hunting.

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jesbroken

jesbroken

Posted
Posted

Being that no funds were requested by the person referring the coin to you, it might be more personal to find a numismatic item that they might like and buy it for them, with a nice thank you note attached, without a cash payment being involved. JMO

Jim

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bartlesvilleok

bartlesvilleok

Posted
Posted
If someone saved me $1,000 on a coin I wanted, I would happily give them $100 (10%).

 

It'll make sure they bring other opportunities to my attention in the future, and should save a ton over time.

 

Agree with this 100% but would like to add maybe there is a coin that you know this person wants that would mean more to them then the money.

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