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<p>[QUOTE="CoinG1901, post: 25920450, member: 85147"]Hello fellow collectors. It has been some time since I have posted here, but I have been thinking on something that many of you have probably thought of. I just wanted to get the general idea or thoughts on the topic of coin prices. Many like myself enter auctions or auction like states which we see as usual bidding behavior, but for years I have always questioned why.</p><p><br /></p><p>I have always wondered if guide books that are calculated on the average sales of auctions and other sales then why is it sometimes higher than it should be. I have always started my bids low, but then I noticed a growing amount of collectors starting higher. So I guess my biggest question is why do collectors willingly throw big or relatively big numbers at auctions rather than start as low as possible? For you personally, is it a matter of getting the item faster or is it out of respect for the seller?</p><p>Personally, I want the best price I can get, but I know that is almost impossible these days with inflation and most collectors just jumping at estimated prices. Please don't use this post as a way of attacking me, but this is just for opinion and information collection.</p><p><br /></p><p>Please let me know your thoughts or your reasons for how you bid on items.[/QUOTE]</p><p><br /></p>
[QUOTE="CoinG1901, post: 25920450, member: 85147"]Hello fellow collectors. It has been some time since I have posted here, but I have been thinking on something that many of you have probably thought of. I just wanted to get the general idea or thoughts on the topic of coin prices. Many like myself enter auctions or auction like states which we see as usual bidding behavior, but for years I have always questioned why. I have always wondered if guide books that are calculated on the average sales of auctions and other sales then why is it sometimes higher than it should be. I have always started my bids low, but then I noticed a growing amount of collectors starting higher. So I guess my biggest question is why do collectors willingly throw big or relatively big numbers at auctions rather than start as low as possible? For you personally, is it a matter of getting the item faster or is it out of respect for the seller? Personally, I want the best price I can get, but I know that is almost impossible these days with inflation and most collectors just jumping at estimated prices. Please don't use this post as a way of attacking me, but this is just for opinion and information collection. Please let me know your thoughts or your reasons for how you bid on items.[/QUOTE]
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