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<p>[QUOTE=&quot;Ken Dorney, post: 2519002, member: 76086&quot;]Many houses still offer unsold lots after the fact.&nbsp; As far as I know its primarily the European ones.&nbsp; Honestly I dont see a problem if a coin remains in reality unsold but there is a published hammer price.&nbsp; As a dealer I look at all these auctions to get a better understanding of market values.&nbsp; It tells us what people are willing to bid up to (at least at that moment in time and venue, specific example, etc).&nbsp; This is an important tool for us &#039;bottom feeder&#039; dealers.&nbsp; If I can get an overall average sales price I will try to undercut it if I can.[/QUOTE]</p><p><br /></p>

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