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<p>[QUOTE="KeviniswhoIam, post: 4518694, member: 94430"]I feel somewhat responsible for this thread, as earlier I had created a post questioning auction estimates:</p><p><br /></p><p><a href="https://www.cointalk.com/threads/i-am-inexperienced-with-auctions-but.359954/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/i-am-inexperienced-with-auctions-but.359954/">https://www.cointalk.com/threads/i-am-inexperienced-with-auctions-but.359954/</a></p><p><br /></p><p>I most certainly meant no disrespect to CNG in the least, nor did I mean to question their expertise. My post simply came out of ignorance, due to the fact that I am a new ancient collector, and still learning! </p><p><br /></p><p>As I watch these auctions, and bid, and sometimes actually win (!), I was ignorant to the fact that they are wholesale estimates. Since I am new, well, I don't have a great grasp on values, so, when I see coins hammer at 2x, 3x, 5x, 10x the estimate, it had me curious, and that's it! My dealings with CNG have been nothing but stellar in quick delivery of won product, easy payment, and prompt response when I had a question. So, meant no detriment to CNG in the least.</p><p><br /></p><p>This process in ancients for me has gone on for maybe 6 or 7 months, though I have collected for 45 years or so (US coinage). I became dismayed at what I saw going on with pricing and affordability, especially once the TPG's got involved. And then the investment concerns....that all had been covered ad nauseum here, so I wont belabor it.</p><p><br /></p><p>Into ancients......I am learning Greek and Roman history, and can cause most mere mortals eyes glaze over in boredom in minutes by talking about emperors, etc. I am fascinated that these coins might be in such relatively good condition after THOUSANDS of years! What stories would they tell, could they tell? </p><p><br /></p><p>When I peruse these auction catalogs, I see a coin I like, look at the estimate, maybe bid, but more importantly, decide what I would pay for it. It might be rare, etc, but if I don't like it, Im not bidding, or even watching it. Sometimes I watch things just to see how high they will go....especially some of that Greek Gold. wow.</p><p><br /></p><p>Anyhow, I never thought I'd pay that much for a silver coin.....cant wait to see it. </p><p><br /></p><p>Happy hunting![/QUOTE]</p><p><br /></p>
[QUOTE="KeviniswhoIam, post: 4518694, member: 94430"]I feel somewhat responsible for this thread, as earlier I had created a post questioning auction estimates: [URL]https://www.cointalk.com/threads/i-am-inexperienced-with-auctions-but.359954/[/URL] I most certainly meant no disrespect to CNG in the least, nor did I mean to question their expertise. My post simply came out of ignorance, due to the fact that I am a new ancient collector, and still learning! As I watch these auctions, and bid, and sometimes actually win (!), I was ignorant to the fact that they are wholesale estimates. Since I am new, well, I don't have a great grasp on values, so, when I see coins hammer at 2x, 3x, 5x, 10x the estimate, it had me curious, and that's it! My dealings with CNG have been nothing but stellar in quick delivery of won product, easy payment, and prompt response when I had a question. So, meant no detriment to CNG in the least. This process in ancients for me has gone on for maybe 6 or 7 months, though I have collected for 45 years or so (US coinage). I became dismayed at what I saw going on with pricing and affordability, especially once the TPG's got involved. And then the investment concerns....that all had been covered ad nauseum here, so I wont belabor it. Into ancients......I am learning Greek and Roman history, and can cause most mere mortals eyes glaze over in boredom in minutes by talking about emperors, etc. I am fascinated that these coins might be in such relatively good condition after THOUSANDS of years! What stories would they tell, could they tell? When I peruse these auction catalogs, I see a coin I like, look at the estimate, maybe bid, but more importantly, decide what I would pay for it. It might be rare, etc, but if I don't like it, Im not bidding, or even watching it. Sometimes I watch things just to see how high they will go....especially some of that Greek Gold. wow. Anyhow, I never thought I'd pay that much for a silver coin.....cant wait to see it. Happy hunting![/QUOTE]
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