Message:

<p>[QUOTE=&quot;1865King, post: 6359422, member: 103207&quot;]After looking at a number of the responses to the question about being out bid.&nbsp;&nbsp; For the most part estimated sell prices tend to be half the final price ends up at.&nbsp;&nbsp; Wholesale pricing is a another form of the estimated sale price.&nbsp;&nbsp; Neither mean very much.&nbsp; &nbsp; It really comes down to the coin being sold.&nbsp;&nbsp; As someone pointed out if a coin only comes on the market a few times over a long period of time there is no estimated price you can go by.&nbsp;&nbsp; Don&#039;t even bother with price guides they&#039;re worthless also.&nbsp; &nbsp; You need to research that coin and base your bid on what you know about it.&nbsp; A truly rare coin&#039;s price will be what ever someone is willing to pay to buy it.&nbsp; Sometimes a rare coin will slide by at a lower than expected price but, there can be a number of factors that can cause this to happen.&nbsp;&nbsp; I&#039;ve seen this happen when there is an auction with a lot of high end rare coins in it.&nbsp; The people bidding may simply be at the auction for one coin only and if they win it they&#039;re done.&nbsp;&nbsp; If they get out bid they may go after another coin.&nbsp;&nbsp; It comes down to available cash.&nbsp;&nbsp; As for the more common coins your better off buying from a LCS or coin show.&nbsp;&nbsp; I&#039;d like to point out one thing about an auction I have seen where you think you were out bid only to see the same coin show up a few month later in another auction by the same auction house.&nbsp;&nbsp; Don&#039;t believe it when they say there is no reserve price.&nbsp;&nbsp; There can be situations that there is no reserve price on a lot but, the actual coin owner may bid on his own coins with the hope of driving the price up.&nbsp;&nbsp; Sometimes it works for them and sometimes it doesn&#039;t.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in