Ancients: Guess this coin's final auction price

Discussion in 'Ancient Coins' started by IdesOfMarch01, Feb 4, 2014.

  1. IdesOfMarch01

    IdesOfMarch01 Well-Known Member

    I believe, but am not sure, that the displayed bids to which you're referring are the highest pre-auction bids that they receive via online, prior to the actual auction's start.

    My dealer, who had a colleague at the auction itself bidding on my behalf, relayed the final hammer price to me yesterday after the auction ended. His actual message:

    " We just got blown away. The coin went for 14500 euros!"
     
    Last edited: Feb 4, 2014
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  3. randygeki

    randygeki Coin Collector

    I would have guess $300-$500
     
  4. AncientJoe

    AncientJoe Well-Known Member

  5. zumbly

    zumbly Ha'ina 'ia mai ana ka puana

    Just baffling. It makes the preceding lot (a really nice sestertius IMHO) which hammered at 1/10th of that look like a positive steal.
     
  6. dougsmit

    dougsmit Member

    The previous lot had wear which means there are better ones out there. Remember that auction realizations mean nothing about the value of a coin but only what two bidders were willing to pay that day. If, tomorrow, a better coin with no smoothing is sold, the fact that the winner of this one doesn't want another could make the better coin go for 1/10th the price. Auctions don't have to make sense but they sure can make dollars.
     
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