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CNG 102 disappointing, especially for consignors
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<p>[QUOTE="AncientJoe, post: 2423665, member: 44357"]My overall auction was great. I too had consigned a group of duplicates which no longer fit. Some did exceptionally well, some I intentionally overpaid at the time when I purchased them and lost some, and others did okay. There were only a few surprises in both directions but nothing to significantly complain about in aggregate.</p><p><br /></p><p>I did manage to make one substantial purchase somewhat on a whim which went for very considerably less than I would have thought, which pushed my overall auction well into the "great" category despite losing money on some coins I consigned.</p><p><br /></p><p>I suppose the moral of the story is that if you are selling coins in a less-than-stellarly attended sale, you should also buy coins in the same sale. It represents dollar cost averaging in its most immediate embodiment![/QUOTE]</p><p><br /></p>
[QUOTE="AncientJoe, post: 2423665, member: 44357"]My overall auction was great. I too had consigned a group of duplicates which no longer fit. Some did exceptionally well, some I intentionally overpaid at the time when I purchased them and lost some, and others did okay. There were only a few surprises in both directions but nothing to significantly complain about in aggregate. I did manage to make one substantial purchase somewhat on a whim which went for very considerably less than I would have thought, which pushed my overall auction well into the "great" category despite losing money on some coins I consigned. I suppose the moral of the story is that if you are selling coins in a less-than-stellarly attended sale, you should also buy coins in the same sale. It represents dollar cost averaging in its most immediate embodiment![/QUOTE]
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CNG 102 disappointing, especially for consignors
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