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<p>[QUOTE=&quot;illini420, post: 678732, member: 19423&quot;]Didn&#039;t read the entire thread yet cause I&#039;m swamped at work, but I think it&#039;s more accurate to say that at an auction your coin is only worth one bidding increment more than the amount the underbidder is willing to pay.&nbsp; </p><p>&nbsp;</p><p>But that doesn&#039;t necessarily mean that&#039;s all the coin is really worth.&nbsp; Many times at auctions I was willing to pay a ton more than I ended up winning a coin for because there just wasn&#039;t an underbidder around that valued the coin as much as I did.</p><p>&nbsp;</p><p>For example, I won a coin at auction on one occasion for $80... at that auction I was willing to pay up to $1500 for it, but the underbidder only bid the item up to $75 on that day, so I won it for $80.&nbsp;&nbsp; Was the coin only worth $80 then??? Heck no!!!&nbsp; I later sold that same coin for $2000 cash.[/QUOTE]</p><p><br /></p>

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