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<p>[QUOTE=&quot;IdesOfMarch01, post: 1867538, member: 39084&quot;]I attended this auction along with my dealer, and purchased two of my 12 Caesars denarii at the auction (Nero and Otho).&nbsp; At the time, I was focused only on aurei and denarii and missed some coins that I now wish I had pursued.</p><p><br /></p><p>There were a number of insights I learned from this auction, which was very highly promoted and marketed by Goldberg as containing some of the best coins available for their type: </p><p><br /></p><p>(1) There can be a stratospheric price difference between an FDC or near-FDC coin that is the best of its type vs. an EF coin.&nbsp; Examples of these are the Galba aureus that hammered for $390,000 and the Vitellius aureus that went for $200,000. </p><p><br /></p><p>(2) Some bidders were clearly willing to bid whatever price was necessary to win the coin they wanted.&nbsp; It would have been no use bidding against them on these coins since inevitably someone has deeper pockets than you have. </p><p><br /></p><p>(3) It&#039;s possible to get caught up in a bidding war and overbid for a coin, even a great coin, except that... you never really know if you overbid.&nbsp; When a coin is widely recognized as the best, or one of the best, of its type, how can you evaluate whether or not you overbid?&nbsp; Until the coin is resold at a later date, it&#039;s impossible to know this.</p><p><br /></p><p>It was a very enjoyable auction.[/QUOTE]</p><p><br /></p>

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