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<p>[QUOTE=&quot;dougsmit, post: 3256133, member: 19463&quot;]While I do not disagree with Valentinian&#039;s explanation, we have to remember that there is nothing more futile than trying to make sense out of auction results.&nbsp; A better coin of the same type that sold for big money in sale #1 may bring half that in sale #2.&nbsp;&nbsp; When two people with money want a coin, it goes high.&nbsp; When one of them skips the sale for some reason, the coin might go for opening price.&nbsp; When there are three known examples of a coin but only two people present who care (the two who own the other two examples), a great rarity can go unsold.&nbsp; It even makes a difference in what order coins are offered in the same sale.&nbsp; If there is a very special coin that several bidders want coming later in the sale, some bidders may be conservative saving money so they can bid wildly.&nbsp; That might lessen the demand for earlier lots.&nbsp; On the other hand, all those who lost an earlier lot for which they hoped to spend the big money might decide to bid up something later just so they don&#039;t go home empty handed. These are people.&nbsp; No one said they must make sense.[/QUOTE]</p><p><br /></p>

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