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<p>[QUOTE=&quot;Probus, post: 4877039, member: 115021&quot;]So the ancient coin auction market has been very robust over the last 6 months. It seems that unless specific coins are in relatively poor condition or are very common that bids are going to be materially above the auction estimate. What are people’s perspectives on what constitutes a competitive bid these days?&nbsp; I would argue that these days, 10% above estimate is the real starting point in order to be competitive. 50-100% above estimate seems to be a lot more common these days as well.[/QUOTE]</p><p><br /></p>

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