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Ancients: Pecunem Auction 20 August 3, 2014
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<p>[QUOTE="John Anthony, post: 1961716, member: 42773"]Best of luck to you. I hope you don't take my words as discouragement, but I assume you've been asking for advice so that you can succeed. I would strongly recommend that you do two things before you bid on a lot.</p><p><br /></p><p>1. Research the coins as thoroughly as you can. That link Steve gave you is the first thing that comes up if you google "Parion drachms." You also get Ed Snible's site, and a page of coins on Wildwinds. You don't have to get arcane about it, but at least do an internet search.</p><p><br /></p><p>2. Look closely at the sold listings on eBay and compare the coins in the lot you're considering to the grades and realized prices of the sold items. Calculate what you should pay for the coins in order to make the profit you want, and don't go over that bid. If you lose the auction, there will be plenty more later.</p><p><br /></p><p>In short: know your product, know your market. I learned it by the school of hard knocks, but that's OK. Typically you have to fail a bit first in order to succeed later.[/QUOTE]</p><p><br /></p>
[QUOTE="John Anthony, post: 1961716, member: 42773"]Best of luck to you. I hope you don't take my words as discouragement, but I assume you've been asking for advice so that you can succeed. I would strongly recommend that you do two things before you bid on a lot. 1. Research the coins as thoroughly as you can. That link Steve gave you is the first thing that comes up if you google "Parion drachms." You also get Ed Snible's site, and a page of coins on Wildwinds. You don't have to get arcane about it, but at least do an internet search. 2. Look closely at the sold listings on eBay and compare the coins in the lot you're considering to the grades and realized prices of the sold items. Calculate what you should pay for the coins in order to make the profit you want, and don't go over that bid. If you lose the auction, there will be plenty more later. In short: know your product, know your market. I learned it by the school of hard knocks, but that's OK. Typically you have to fail a bit first in order to succeed later.[/QUOTE]
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Ancients: Pecunem Auction 20 August 3, 2014
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