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<p>[QUOTE="ByzantiumBabe, post: 6942134, member: 118394"]Final Strategy: Can I live with another 'winners curse' coin?</p><p><br /></p><p>While the winners curse is subjective and a debatable wrath, I notice the curse is a phenomenon that occurs at all price levels, both common value coin sales and high end coin auctions. I believe all bidders generally have the same value in mind for a particular coin, but our states of mind become naturally altered with certain superlative signals, i.e. "not seen for 30+ years" "lovely old oak cabinet patina" "pedigreed to previous century" "magnificent in hand" "once owned by Royalty" "not found in archives" "of great historical interest" or "perhaps finest known" etc, etc. While these statements might to truthful and relevant, the clever enhancement works to optimize our evaluations and will definitely tend us toward overestimating, overbidding and overpaying.[/QUOTE]</p><p><br /></p>
[QUOTE="ByzantiumBabe, post: 6942134, member: 118394"]Final Strategy: Can I live with another 'winners curse' coin? While the winners curse is subjective and a debatable wrath, I notice the curse is a phenomenon that occurs at all price levels, both common value coin sales and high end coin auctions. I believe all bidders generally have the same value in mind for a particular coin, but our states of mind become naturally altered with certain superlative signals, i.e. "not seen for 30+ years" "lovely old oak cabinet patina" "pedigreed to previous century" "magnificent in hand" "once owned by Royalty" "not found in archives" "of great historical interest" or "perhaps finest known" etc, etc. While these statements might to truthful and relevant, the clever enhancement works to optimize our evaluations and will definitely tend us toward overestimating, overbidding and overpaying.[/QUOTE]
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