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<p>[QUOTE=&quot;Victor, post: 211831, member: 5454&quot;]I&#039;ve been to 3 or 4 coin auctions and plan to attend one next month.&nbsp; They let you look at the stuff starting at noontime and even place a bid.&nbsp; The crowd comes at 6pm and the auction begins.</p><p>&nbsp;&nbsp; &nbsp; The funny thing here is the auctioneer and his son bid on the coins first.</p><p>He says &quot;OK I have a bid on this for $300, actually there are 2 bids, both at $300.&quot;&nbsp; The other bid is the guy&#039;s son.</p><p>&nbsp; Then he asks who will give $310.&nbsp; I never saw anything like it.</p><p>They also get a 10% buyers fee.</p><p>So when you add in the bidding frenzy factor you really don&#039;t stand a chance at getting any deals.</p><p>The only way you can get anything is if nobody bids.&nbsp; Also damaged, spotted and scrap coins are fair game for a reasonable price.&nbsp; But then add the ten percent.&nbsp; I did buy a few lots of Peace dollars at about $12 each.&nbsp; And nobody wanted a 1982 G. Washington half dollar proof.&nbsp; So I got that with the only bid at $5</p><p>plus 50 cents fee for $5.50 total.&nbsp; It came in an airtite too.</p><p>Then got a 1989 Silver Canadian Maple Leaf for about $14.50.</p><p>I did overpay&nbsp; for a 1881 $5 gold piece, NGC MS-62 at $341.&nbsp; Also got a 1921 Peace dollar PCGS XF-45 for $145.[/QUOTE]</p><p><br /></p>

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