Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Estimates for Ancient Coin Auctions
>
Reply to Thread
Message:
<p>[QUOTE="Restitutor, post: 4516795, member: 112621"]Hi Mike,</p><p><br /></p><p>I would also agree with other posters here in that the lower opening bid is a very nice feature and would not want to see that changed.</p><p><br /></p><p>Regarding estimates: As a very, very new coin collector who has not yet built up an impressive library of knowledge on coin valuations, estimates are very important for me. Estimates that are too low will at times scare me away from bidding. Estimates that are “too high”... I probably couldn’t afford the coin anyways <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie10" alt=":oops:" unselectable="on" unselectable="on" /> In an example I mentioned in the other thread, a Titus coin going for $1,300 on a $300 estimate is an immediate no-go for me. Had the estimate been $1,000 or even $750, I may have considered placing a bid. Again though I emphasize that as a very new collector this may not be an issue for those with more experience. </p><p><br /></p><p>Even if this current market is temporary and things go back to more “normal” levels even in the next couple of months, I wouldn’t think it necessarily a bad thing to revise estimates in line with the current market... just my 2 cents! </p><p><br /></p><p>I appreciate you taking the time to talk with us! </p><p><br /></p><p>-Luke[/QUOTE]</p><p><br /></p>
[QUOTE="Restitutor, post: 4516795, member: 112621"]Hi Mike, I would also agree with other posters here in that the lower opening bid is a very nice feature and would not want to see that changed. Regarding estimates: As a very, very new coin collector who has not yet built up an impressive library of knowledge on coin valuations, estimates are very important for me. Estimates that are too low will at times scare me away from bidding. Estimates that are “too high”... I probably couldn’t afford the coin anyways :oops: In an example I mentioned in the other thread, a Titus coin going for $1,300 on a $300 estimate is an immediate no-go for me. Had the estimate been $1,000 or even $750, I may have considered placing a bid. Again though I emphasize that as a very new collector this may not be an issue for those with more experience. Even if this current market is temporary and things go back to more “normal” levels even in the next couple of months, I wouldn’t think it necessarily a bad thing to revise estimates in line with the current market... just my 2 cents! I appreciate you taking the time to talk with us! -Luke[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Estimates for Ancient Coin Auctions
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...