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<p>[QUOTE="dougsmit, post: 3250415, member: 19463"]There once was a big name coin dealer who was told he must have made a small fortune in coins. He replied that it was true that he made a small fortune but it was made easier having started with a large fortune. Certainly there are coin dealers who have made a good living but I doubt many of them have accounted fully for the time/effort expended in the process. </p><p><br /></p><p>I was interested in the pick bin concept because of the number of coins I have that would not sell well in any other format. Is the winner here the post office which gets round trip payment for unsold coins? I wonder if the results would have been better if tried by an established seller and if the new sale with new rules and new (to many of us) ways of bidding caused confusion and resulted in fewer bids or, as I suspect, there just are not all that many people looking to pay any money for coins they can not brag about. I did not participate in the pick bin because I looked at my collection and saw too many pick bin quality coins already. I started buying them long ago. We see many, many beginner posts here on CT that strike me as being from people who should be interested in pick bin coins but they prefer Otho/Pertinax/tetradrachm level coins which have at best a 50-50 chance of being genuine. The hobby has changed since I started. </p><p><br /></p><p>I hope anyone here who bought pick bin coins will post them and tell us why you thought they were special to you.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3250415, member: 19463"]There once was a big name coin dealer who was told he must have made a small fortune in coins. He replied that it was true that he made a small fortune but it was made easier having started with a large fortune. Certainly there are coin dealers who have made a good living but I doubt many of them have accounted fully for the time/effort expended in the process. I was interested in the pick bin concept because of the number of coins I have that would not sell well in any other format. Is the winner here the post office which gets round trip payment for unsold coins? I wonder if the results would have been better if tried by an established seller and if the new sale with new rules and new (to many of us) ways of bidding caused confusion and resulted in fewer bids or, as I suspect, there just are not all that many people looking to pay any money for coins they can not brag about. I did not participate in the pick bin because I looked at my collection and saw too many pick bin quality coins already. I started buying them long ago. We see many, many beginner posts here on CT that strike me as being from people who should be interested in pick bin coins but they prefer Otho/Pertinax/tetradrachm level coins which have at best a 50-50 chance of being genuine. The hobby has changed since I started. I hope anyone here who bought pick bin coins will post them and tell us why you thought they were special to you.[/QUOTE]
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Ancient and Medieval Coins Canada - First Auction
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