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<p>[QUOTE="pprp, post: 8291274, member: 94602"]I wonder if Kuenker agrees with the consignors on reserve prices as the estimates are low in all of their auctions.</p><p><br /></p><p>I can speak for 367. The 5x the estimate average hammer price does not impress me so much as there were several coins that were estimated too low. I remember I looked up a fraction which sold 3 years ago in cng for 900$ and was now estimated at 200 euros. However there were plenty of coins that were definitely not worth the hammer prices. Some of them would usually sell for 2-3x the estimate and now sold 5-10x. In recent auctions I have noticed that the quite common tets of Macedon Protes suddenly became popular and now sell 3 times what they used to sell. Or Chersonesos fractions you could easily get for less than 200$ now sell 500$. They can go crazy for a generic auction pre-ww2 provenance but not for famous collection provenances and plate coins like the one @lepto posted above.[/QUOTE]</p><p><br /></p>
[QUOTE="pprp, post: 8291274, member: 94602"]I wonder if Kuenker agrees with the consignors on reserve prices as the estimates are low in all of their auctions. I can speak for 367. The 5x the estimate average hammer price does not impress me so much as there were several coins that were estimated too low. I remember I looked up a fraction which sold 3 years ago in cng for 900$ and was now estimated at 200 euros. However there were plenty of coins that were definitely not worth the hammer prices. Some of them would usually sell for 2-3x the estimate and now sold 5-10x. In recent auctions I have noticed that the quite common tets of Macedon Protes suddenly became popular and now sell 3 times what they used to sell. Or Chersonesos fractions you could easily get for less than 200$ now sell 500$. They can go crazy for a generic auction pre-ww2 provenance but not for famous collection provenances and plate coins like the one @lepto posted above.[/QUOTE]
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