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<p>[QUOTE="MSG 78, post: 4519766, member: 112660"]We obviously like to think we offer "high end" coins. But when consignments come in, they often have lower value coins because most collectors collect by series. Inevitably those series aren't complete without including lower cost coins. Those coins tend to perform better in electronic sales where everyone expects the value of the coins to be lower. As you indirectly state, you don't look at a CNG print catalog if you are looking for lower priced coins. I think this is true for most auction houses who offer print sale and electronic sale formats. Here's my tip for the day - look at print sale catalogs to find lower value coins and keep an eye on them. Often they go cheap because the only people who look at print catalogs are the ones looking to add rare, and thus higher priced, coins to their collection.</p><p><br /></p><p>Why do cheap coins get into print sale catalogs? Because the consignor insists on it. They are convinced the print format will generate more interest and higher prices. For low value coins this often isn't true. And at the same time, it makes no sense to put a $10,000 coin in an electronic sale. It's the wrong place for that type of coin.</p><p><br /></p><p>Placing coins in the right sale is much like buying coins in the right place. It's an art...[/QUOTE]</p><p><br /></p>
[QUOTE="MSG 78, post: 4519766, member: 112660"]We obviously like to think we offer "high end" coins. But when consignments come in, they often have lower value coins because most collectors collect by series. Inevitably those series aren't complete without including lower cost coins. Those coins tend to perform better in electronic sales where everyone expects the value of the coins to be lower. As you indirectly state, you don't look at a CNG print catalog if you are looking for lower priced coins. I think this is true for most auction houses who offer print sale and electronic sale formats. Here's my tip for the day - look at print sale catalogs to find lower value coins and keep an eye on them. Often they go cheap because the only people who look at print catalogs are the ones looking to add rare, and thus higher priced, coins to their collection. Why do cheap coins get into print sale catalogs? Because the consignor insists on it. They are convinced the print format will generate more interest and higher prices. For low value coins this often isn't true. And at the same time, it makes no sense to put a $10,000 coin in an electronic sale. It's the wrong place for that type of coin. Placing coins in the right sale is much like buying coins in the right place. It's an art...[/QUOTE]
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