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<p>[QUOTE="dougsmit, post: 2738864, member: 19463"]There is another feature of coin cost to be considered that most certainly does make a difference here. When you look up a result from a major sale by a big, trusted, full service dealer, you may see a coin bringing twice the price it would bring in a private sale at a coin show. There are many people with money quite willing to pay more for the peace of mind that comes with a coin sold by CNG, for example, and not at all interested in beating the bushes for a similar coin sold by one of us or trusting unknown sources. The other feature that is hard to explain is that sales depend on who is shopping and what they want. Your coin says Alexander. Some say King; others have BA for King Alexander. Some have grapes or grain or something else that might be important to a specialist buying his twentieth of these coins to complete his set. If two people go head to head at an auction both being certain that they <u>will</u> win no matter what it costs, all reason can go out the window leaving the rest of us wondering what happened. The next day, another like coin might sell for half the price because no one who saw it cared. I consider myself more reasonable than many but recently bought a large lot of coins because I wanted one coin in the lot and did not figure I'd ever see the wanted item again in my lifetime. If you have a roll of them, I paid too much. If I am right, I would have paid more gladly. This is not like rarities in US coins where there are a dozen offered every year for all but a few types. </p><p><br /></p><p>48$C strikes me as reasonable. Half of the people you ask may say you were gypped and the other half will say you stole it. That is the hobby as we know it.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2738864, member: 19463"]There is another feature of coin cost to be considered that most certainly does make a difference here. When you look up a result from a major sale by a big, trusted, full service dealer, you may see a coin bringing twice the price it would bring in a private sale at a coin show. There are many people with money quite willing to pay more for the peace of mind that comes with a coin sold by CNG, for example, and not at all interested in beating the bushes for a similar coin sold by one of us or trusting unknown sources. The other feature that is hard to explain is that sales depend on who is shopping and what they want. Your coin says Alexander. Some say King; others have BA for King Alexander. Some have grapes or grain or something else that might be important to a specialist buying his twentieth of these coins to complete his set. If two people go head to head at an auction both being certain that they [U]will[/U] win no matter what it costs, all reason can go out the window leaving the rest of us wondering what happened. The next day, another like coin might sell for half the price because no one who saw it cared. I consider myself more reasonable than many but recently bought a large lot of coins because I wanted one coin in the lot and did not figure I'd ever see the wanted item again in my lifetime. If you have a roll of them, I paid too much. If I am right, I would have paid more gladly. This is not like rarities in US coins where there are a dozen offered every year for all but a few types. 48$C strikes me as reasonable. Half of the people you ask may say you were gypped and the other half will say you stole it. That is the hobby as we know it.[/QUOTE]
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