+Chaos A.D./aka Arlsdaddy Posted October 11, 2005 Share Posted October 11, 2005 Wife and I are getting ready to send in artwork for a personal coin. We plan on having them numbered 001 to 100, but not trackable. My question: Since we don't have the "up front" money to have them produced, can we take preorders to get the cash, then if we don't get enough or can't make up the difference, give refunds? How do all you traders feel about this? It is new to us, but really like some of the personal coins we see. Our intensions are to sell about half to be able to order them, keep a couple two or three, then the remainder will be placed in difficult caches and used as FTF prizes. Also, if anyone can show me how to use this darn photoshop program, we can get better art dies made Thanx and as always, happy caching!! Quote Link to comment
+Team Sand Dollar Posted October 11, 2005 Share Posted October 11, 2005 Preorders has been the norm. For my Dads coin I had funding for 300 coins and used preorders to allow funding for an addition 200 to sell. Not everyone has a coin to trade so this allows those who don't trade to get the coin. Team Sand Dollar Quote Link to comment
+Spencersb Posted October 11, 2005 Share Posted October 11, 2005 Others have done the same thing, I think it would be okay. I assume you mean sell half the coins at or near your cost and pay for the other half, the half that you keep, out of your own pocket. If you're talking about selling half for enough to pay for the whole order, that's different. As long as you're up front about it, it may be okay, but would probably be frowned upon. And not selling out basically only 50 coins is not likely. However, lots of folks that have their own personal coins will want to trade rather than buy. Me, I'm almost out of my coins, so I'd buy one. Quote Link to comment
PCFrog Posted October 11, 2005 Share Posted October 11, 2005 give refunds? If you’re using Paypal you will be charged a % fee and flat fee. I could be wrong but if you do refunds I believe you do not get reimbursed by Paypal at all. So by doing this you would end up paying out of pocket just to try... Giving a few refunds is one thing having to refund 20+ people can cost you. _____ As far as Photoshop, my art work and the WGA Wisconsin coin art were done in Photoshop. Quote Link to comment
+Chaos A.D./aka Arlsdaddy Posted October 11, 2005 Author Share Posted October 11, 2005 Can't seem to get that stinkin circle to stay on the screen....well, at least I can open the program, that's a start. Quote Link to comment
Bjornian Posted October 11, 2005 Share Posted October 11, 2005 from what I have seen. if you state you are selling a coin. you will easily sell a large quantity. I have seen people say they are selling 200, and they were gone in less then a day. Quote Link to comment
+Kilted Cacher Posted October 11, 2005 Share Posted October 11, 2005 If they are willing to buy, then I would say collect up front. This seems to be the norm, and as long as we remain a well trusted community, it will continue. Quote Link to comment
+Chaos A.D./aka Arlsdaddy Posted October 11, 2005 Author Share Posted October 11, 2005 That's what I thought but wasn't possitive that's why I wanted to ask those who have more experience in this. Again though, our plans were to have 100 made, keeping a couple for ourselves. Things change though. Quote Link to comment
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.