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<p>[QUOTE="Restitutor, post: 4513993, member: 112621"]Welcome to CT! Thank you for addressing this topic and clearing things up. I was wondering if you could also address the topic many have brought up here surrounding how the bulk of so many coins in auctions seem to end up in the hands of only a couple of people. </p><p><br /></p><p>I worry that those like myself who are collecting purely from a hobby perspective are being pushed out due to these select few individuals buying upwards of 70% of an auction at prices far above estimates. When I see this occurring I must wonder whether CNG is the proper place to spend my time attempting to acquire coins. I attempted to buy multiple coins in the recent auction for a few thousand dollars each, still well above estimate, and lost every bid to the same paddle each time. What comment would you offer to those of us feeling, and quite literally being alienated from acquiring coins due to situations like what we have seen in the most recent feature auction?[/QUOTE]</p><p><br /></p>
[QUOTE="Restitutor, post: 4513993, member: 112621"]Welcome to CT! Thank you for addressing this topic and clearing things up. I was wondering if you could also address the topic many have brought up here surrounding how the bulk of so many coins in auctions seem to end up in the hands of only a couple of people. I worry that those like myself who are collecting purely from a hobby perspective are being pushed out due to these select few individuals buying upwards of 70% of an auction at prices far above estimates. When I see this occurring I must wonder whether CNG is the proper place to spend my time attempting to acquire coins. I attempted to buy multiple coins in the recent auction for a few thousand dollars each, still well above estimate, and lost every bid to the same paddle each time. What comment would you offer to those of us feeling, and quite literally being alienated from acquiring coins due to situations like what we have seen in the most recent feature auction?[/QUOTE]
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