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<p>[QUOTE=&quot;zumbly, post: 1884523, member: 57495&quot;]I had a little (more) time to kill, so I did the most recent CNG eauction as well. </p><p>Note: where the 2 previous auctions mentioned in the OP had starting prices 20% below their estimates, almost&nbsp; all the lots in this auction had starting prices 40% below their estimates.&nbsp; </p><p><b><br /></b></p><p><b>CNG E-322</b></p><p>12 March 2014</p><p><br /></p><p>No. of lots auctioned = 824</p><p>No. of lots sold = 799</p><p>No. of lots unsold = 25 (3%) </p><p><br /></p><p>No. of lots closing under estimate = 228 (29%)</p><p>No. of lots closing at estimate = 36 (4%)*</p><p>No. of lots closing over estimate = 535 (67%)</p><p><br /></p><p>*No. of lots closing +/-20% of estimate = 269 (34%)</p><p><br /></p><p>Average estimate on each lot sold = USD 191</p><p>Average final closing price of each lot sold = USD 314</p><p><br /></p><p>Percentage by which average closing price exceeds estimate = 64%</p><p>Percentage by which average lot that closes above estimate exceeds the estimate = 95%</p><p><br /></p><p>Breakdown for lots that closed over estimate :&nbsp; </p><p>&nbsp;&nbsp; 1 - 50% over estimate = 43% (230/535)</p><p>&nbsp;51 - 100% over estimate = 28% (159/535)</p><p>101 - 200% over estimate = 16% (88/535)</p><p>201 - 400% over estimate = 9% (47/535)</p><p>&gt;than 401% over estimate = 2% (11/535)</p><p><br /></p><p>Top 3 Overachieving Coins :</p><p><br /></p><p>#1 - L150, KINGS of MACEDON. Philip III Arrhidaios. 323-317 BC. AR Drachm</p><p>Estimate $100</p><p>Closing Price $1000</p><p><br /></p><p>#2 - L539, Hadrian. AD 117-138. AR Denarius. Alexandria reverse.</p><p>Estimate $100</p><p>Closing Price $950</p><p><br /></p><p>#3 - L277, IONIA, Uncertain. Circa 625-600 BC. EL Myshemihekte</p><p>Estimate $300</p><p>Closing Pricce $2600[/QUOTE]</p><p><br /></p>

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