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<p>[QUOTE=&quot;illini420, post: 2032503, member: 19423&quot;]It&#039;s even better to actually go to the auction and more importantly go to lot viewing.&nbsp; Then you get to see all of the coins in hand and dream.&nbsp; It&#039;s fun flipping through box after box of coins that are worth more than most cars and some worth more than some houses!&nbsp; Seeing so many coins of the same type together really teaches you a lot about grading standards and really helps you learn to grade as well.</p><p><br /></p><p>As far as watching auctions to see how the market is doing, I think they are a good estimate of the market... but what you see in auctions is probably somewhere between the wholesale market and the retail market.&nbsp; There are so many coins in these big auctions and they are only marketed for a few weeks to maybe a couple of months at the most.&nbsp; Also, not that many people are able to actually attend and view the coins in hand.&nbsp; Accordingly, many coins slip through the cracks and sell below their real retail value.&nbsp; That&#039;s why many dealers get most of their inventory from these big auctions and then later mark them up to their real retail value (or at least what they think the retail value is).[/QUOTE]</p><p><br /></p>

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