Clio......why do you do this?

I see many here who act like we can scent mark a coin and expect others to stay away. Look at the small number of coins in John Anthony sales that develop into bidding wars.

That is why I prefer shows and private listings. Sleepers exist. Auctions from big name houses attract interest from too many people. Dealers who buy collections can get coins they do not see as special but that I see as special.

Our CT FH guru Randy bought a lousy falling horseman with a spiral design on a shield from an ebay seller who had no idea what shield designs were used on those coins or could care less. The number of people worldwide who would care that this shield was different might be very small but what would be the chance of Randy beating them in a CNG auction where the coin was written up as very rare variation not mentioned in the literature? The coin was not high grade so it would not have attracted many bidders - only those who saw the shield and cared. One is all it would take.

 

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I very much agree. If you want something, bid ONCE like it is yours. Occasionally, I will reconsider my bid if I missed some of my research. And, my following bids are usually days before hammer. Otherwise, do not whine. Losing is unspent monies for the next Target. I was never concerned about any of the other bidders. They are their own concern. Why is this even in the threads? NEXT!

COINs that I WON:

RR Anon 234-231 BCE AR Heavy Denarius - Didrachm Apollo-Horse prancing Crawford 26-1 Sear 28


Marsic Confederation denarius 89 BCE Italia-Italia seated shields vict Corfinium Campana retro B 105 HN Italy 412a Sear 228 RARE

 

Doug Smith is bang on. All of us here, if we had unlimited money would do the exact same. I know, I would. Besides, I collect not for the investment potential but the sheer fun in doing so. Alegandron makes a good point....if you really want the coin, put on a winning proxy bid If, something REALLY once in a lifetime shows up, and you have the money, go for it. Example is a Ahenobarbus Aureus RR in Ars Classica upcoming auction. I am sure a Million SFR proxy bid will take it, so if you are a billionaire its yours
I am at the opposite spectrum, but I still can bid on "affordable" coins and win the ones that strike my passion.
John

 

There are more coins out there in my field of collecting than I could possibly acquire, much less afford, in my lifetime. If I am not the winning bidder in an auction, I know that there will be another auction next week which also has more items in it than I can afford.

My biggest fear is that I WON'T be outbid on some of the lots and I'll bust my budget. That's one of the reasons I like bidding in Frank's sales -- you can say, "Please limit my total expenditure to $300 or less" and he'll disregard the rest of the bids after you've hit your budget and those coins can go to someone else who will be pleasantly surprised to know that s/he has won them.

 

Other auction houses also let you set a max. spending limit. Kunker/ CNG/ Rauch/ Baldwins to name a few. This comes in handy when you have multiple bids.

 

Rarity doesn't always matter to him. I've been Clio'd many times on quite common and worn coins. Also, forget about the bidding times. I have assumed for quite a while that he has his own sniping software.

Actually they are, at least as I understand in the right context.

 

I agree with that. The original professions were the scholarly pursuits. We hobbyists can be proud to be called "amateurs" in the old sense of the word. Two sides of the same coin!

 

Before the current domination of the "professionals", both professional and amateur had very different meanings from today. It used to be that someone who had a profession was by definition not a member of the upper class. A member of the upper class did not have to work for a living while a professional did. Amateurs were quite lauded because their status meant they had the leisure to pursue what they wanted, the did not need a job. These individuals did what they did or the love of it -hence the use of the word "Amateur". See sources such as Andrew Abbott for more information if you like.

 

Shouldn't any reasonable bidder know that the sum of $1000. is too neat and tidy to be wrapped up ?

 

You need new glasses.



I see people, playfully venting.

btw To end the rumours, CLIO is a guerrilla marketing campaign for Renault. Apparently they have been targeting the stodgy, collecting community using Cambridge Analytica. They were spot on. I have ordered a dozen

 

Well it's not ME!

 

Whenever I do not get a coin and if the truth be known I have sniped and been sniped at the very least I can think "At least I made him pay"

 

And I over paid for the darn thing

 

As others have said there are so many ancient coins on offer in auctions and elsewhere that it doesn't usually bother me that much if I get outbid. Of course if I collected a specific series that would definitely hurt more. It makes me actually proud to be outbid by Clio because I see that as a confirmation of my select numismatic taste

 

every time i see a fallen horsemen for sale i think of you (and i don't have ANY)

 

one of my favorite TOS zones among many...(and not a bad car either)

 

..well, i guess i go "Clio'd" last nite on a coin. i bid twice as much as the last bid with 3 seconds to go, had it for a second...and got beat... O the excitement thrill...then the letdown...but i went and bought one i didn't have yet for a bargain because they had it mislisted...

 

Hoarding that is just what that is, HOARDING.
Bud hates that almost as much as he does the wasting of GREASE by the US MINT....Now I have to try and calm him down again. All that money getting moldy just not right.

 

Hoarding is when one accumlates junk/ has 200+ cats in house. On the otherhand, if someone has 10K mintstate gold coins....thats a heavenly collection.