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<p>[QUOTE=&quot;ambr0zie, post: 7912758, member: 80952&quot;]Do not rely too much on estimates. I have no idea how do some houses estimate a price - probably they study the last times similar coins where auctioned and calculate an average. </p><p><br /></p><p>Auctions are often unpredictable. It is irrelevant if a similar coin to the one you&#039;re looking at was sold 1 year ago with 100 EUR, similar condition. You might win it with 100 or with 60 if there are not many bidders wanting it. OR if you have a serious competitor who really wants that coin you might see the price rising to 200. </p><p><br /></p><p>I had situations where I was very confident a coin I was after should NOT have the final price over 60-70 EUR and reached almost 200. </p><p>Or coins where my bid just a shot in the dark, something like &quot;nah, no chance, but why not&quot; and I won coins with 30-40 EUR, my personal estimate being 80-100. </p><p><br /></p><p>My personal strategy is studying previous prices for similar condition coins and estimating what would be a correct price <b>for me, </b>depending on how much I want the coin.[/QUOTE]</p><p><br /></p>

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