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<p>[QUOTE="dougsmit, post: 1897315, member: 19463"]No words more wise are likely to appear here. Relatively few of us have the experience of handling enough coins in this price range that we should go into such a purchase alone. Unfortunately few people who call themselves dealers do. As a guide, if you are planning to spend more on a coin than it would cost to go to the sale, you might consider a trip. If you have more money than experience, it would be better to send a trusted representative. On one occasion, years ago, I carpooled to CNG in Pennsylvania with two friends to examine upcoming lots of interest. As a result some of my planned bids were halved while others were doubled. I won 10 coins in that sale. While there, I bought 3 coins from stock, as I recall, so it was not a lost cause if I did not win every coin I wanted. I don't know if they even allow this anymore. This was before 'Electronic Auctions' so big dealers always had nice coins that did not make it into their catalog auctions. </p><p><br /></p><p>Of course this does not apply to those who value $10k the way I do $1. They should just bid away and pay the salaries of the staff.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1897315, member: 19463"]No words more wise are likely to appear here. Relatively few of us have the experience of handling enough coins in this price range that we should go into such a purchase alone. Unfortunately few people who call themselves dealers do. As a guide, if you are planning to spend more on a coin than it would cost to go to the sale, you might consider a trip. If you have more money than experience, it would be better to send a trusted representative. On one occasion, years ago, I carpooled to CNG in Pennsylvania with two friends to examine upcoming lots of interest. As a result some of my planned bids were halved while others were doubled. I won 10 coins in that sale. While there, I bought 3 coins from stock, as I recall, so it was not a lost cause if I did not win every coin I wanted. I don't know if they even allow this anymore. This was before 'Electronic Auctions' so big dealers always had nice coins that did not make it into their catalog auctions. Of course this does not apply to those who value $10k the way I do $1. They should just bid away and pay the salaries of the staff.[/QUOTE]
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