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<p>[QUOTE=&quot;tibor, post: 7912875, member: 73385&quot;]Many large auction houses give loans against the final out come</p><p>to their preferred consignors. To protect themselves, the auction</p><p>houses assign low starting estimates. So if you consign a group </p><p>of coins, they let you borrow against the final out come before the</p><p>auction starts. Second, the auction house looks like a miracle worker</p><p>to future consignors. A previous collection was estimated at 500</p><p>Euros but brings 1000 Euros.[/QUOTE]</p><p><br /></p>

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