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<p>[QUOTE="calcol, post: 25924103, member: 77639"]Prices in guidebooks and online sites do tend to be on the high side. There are some reasons for it. They are projecting into the future to some extent and expect prices to rise. Most of the books and online sites have close ties to coin sellers (dealers and auction houses) whom they want to please. So, a dealer or auction house can point to a price or sales result and say that what they’re asking or an auction result is in line with price guides.</p><p><br /></p><p>I’ve never bid on a coin on eBay. All my purchases there are either BIN or MO. And often, if an interesting coin is on eBay, I find a way to contact the seller outside of eBay and sometimes make a deal that way.</p><p><br /></p><p>I bid on coins offered by established auction houses. If I see an interesting coin coming up for auction, I watch it. If the high bid becomes unreasonable, I quit watching. If a coin is still on the watch list and I really want it, I’ll bid my max, based on auction price research, a day before the auction. Sometimes I’ll come back and tweak it up a little before the auction starts.</p><p><br /></p><p>I never bid when an auction goes live with one exception. The exception is if desirable, nearly identical coins are offered in succession and I don’t win the first, I’ll bid on the second.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 25924103, member: 77639"]Prices in guidebooks and online sites do tend to be on the high side. There are some reasons for it. They are projecting into the future to some extent and expect prices to rise. Most of the books and online sites have close ties to coin sellers (dealers and auction houses) whom they want to please. So, a dealer or auction house can point to a price or sales result and say that what they’re asking or an auction result is in line with price guides. I’ve never bid on a coin on eBay. All my purchases there are either BIN or MO. And often, if an interesting coin is on eBay, I find a way to contact the seller outside of eBay and sometimes make a deal that way. I bid on coins offered by established auction houses. If I see an interesting coin coming up for auction, I watch it. If the high bid becomes unreasonable, I quit watching. If a coin is still on the watch list and I really want it, I’ll bid my max, based on auction price research, a day before the auction. Sometimes I’ll come back and tweak it up a little before the auction starts. I never bid when an auction goes live with one exception. The exception is if desirable, nearly identical coins are offered in succession and I don’t win the first, I’ll bid on the second. Cal[/QUOTE]
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