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Buying coins in lots at auctions?
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<p>[QUOTE="gsimonel, post: 4966526, member: 82549"]If the auction house is reputable and knowledgeable about ancient coins, then their large lots should be safe to bid on. Buying a large lot can be a very cost effective way to acquire a nice variety of ancient coins. Just be aware that these lots are usually sold "as is" with no right of return.</p><p><br /></p><p>I once won a lot of ancient Greek bronzes for what I thought was a great price. When I received them, I was surprised to discover that all the coins were between 9 and 12 mm, rather than the 16-20 mm coins I was expecting. This was not apparent in the auction photo. I was pretty disappointed initially, but I ended up having so much fun trying to ID them--what a challenge; after about 18 months, I've been able to identify about 85% of them--that I'm now totally hooked on Greek bronzes.[/QUOTE]</p><p><br /></p>
[QUOTE="gsimonel, post: 4966526, member: 82549"]If the auction house is reputable and knowledgeable about ancient coins, then their large lots should be safe to bid on. Buying a large lot can be a very cost effective way to acquire a nice variety of ancient coins. Just be aware that these lots are usually sold "as is" with no right of return. I once won a lot of ancient Greek bronzes for what I thought was a great price. When I received them, I was surprised to discover that all the coins were between 9 and 12 mm, rather than the 16-20 mm coins I was expecting. This was not apparent in the auction photo. I was pretty disappointed initially, but I ended up having so much fun trying to ID them--what a challenge; after about 18 months, I've been able to identify about 85% of them--that I'm now totally hooked on Greek bronzes.[/QUOTE]
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