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<p>[QUOTE="Herodotus, post: 5001651, member: 111387"]Yes, a little off track from the OP's concern.</p><p><br /></p><p>This is akin to the 'nuclear bidding' strategy that I alluded to above.</p><p><br /></p><p>For someone willing to get a lot at any cost, then this strategy may prove to be effective. Those with deep pockets (who may not be as concerned with setting a budget for their hobby) will likely be able to secure the majority of the coins that they desire. Their competition circle will often also be smaller, and perhaps more specialized.</p><p><br /></p><p>The risk for those with shallower pockets; utilizing this method could prove to be costly if one gets embattled in an auction within another bidder employing the same thinking.</p><p><br /></p><p>I presume that (with the exception of dealers/auction houses) most of those involved with ancients are more on the collector-side than as investors. However, a savvy collector may still have concerns about avoiding overpaying for coins relative to their perceived consensus market value(range). </p><p><br /></p><p>If I can get a really good deal on a coin that I could later resell for more (in turn allowing me to get more coins), having a better sense of market valuation may provide for one to aid in supplementing one's own collection.[/QUOTE]</p><p><br /></p>
[QUOTE="Herodotus, post: 5001651, member: 111387"]Yes, a little off track from the OP's concern. This is akin to the 'nuclear bidding' strategy that I alluded to above. For someone willing to get a lot at any cost, then this strategy may prove to be effective. Those with deep pockets (who may not be as concerned with setting a budget for their hobby) will likely be able to secure the majority of the coins that they desire. Their competition circle will often also be smaller, and perhaps more specialized. The risk for those with shallower pockets; utilizing this method could prove to be costly if one gets embattled in an auction within another bidder employing the same thinking. I presume that (with the exception of dealers/auction houses) most of those involved with ancients are more on the collector-side than as investors. However, a savvy collector may still have concerns about avoiding overpaying for coins relative to their perceived consensus market value(range). If I can get a really good deal on a coin that I could later resell for more (in turn allowing me to get more coins), having a better sense of market valuation may provide for one to aid in supplementing one's own collection.[/QUOTE]
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