Message:

<p>[QUOTE=&quot;ambr0zie, post: 8258916, member: 80952&quot;]I participate in auctions that do not offer exceptional coins. Because I cannot afford exceptional coins.</p><p>I have seen in the last year or so coins that obtained simply absurd prices. Even for cheap coins, I refuse to pay 100 EUR for a coin that is common and can be found for 40. Some people do not share the same opinion, apparently.</p><p><br /></p><p>My strategy is very simple. Before an auction I prepare a wish list. Usually 10-20 coins and I get 5-8. I inform myself about prices, I try to find the prices obtained in the last 1-2 years, I decide what would be a correct price and I rarely overpay.</p><p>Depending on my interest for the coin, if it&#039;s very important for me I might pay 10-20% over my estimation. If not, I try to get it lower than standard market price. And I usually make it.</p><p><br /></p><p>If I see the price going over the roof/bidding war, I just forget about the coin. Even if I like it, everything has a limit.</p><p>What amuses me is when I see in the same auction 2 very similar coins, same type, almost the same condition. For one there is a bidding war and the price reaches 150 EUR (for a ~50 EUR coin). The second, after a few lots, remains under 50. I can&#039;t explain, probably the underbidder got depressed and left the auction.</p><p>In auctions there is the competition factor, some people get carried away and don&#039;t know when to stop. If there are at least 2 people fighting for a coin, this is a very plausible explanation. I tried to avoid this behavior.[/QUOTE]</p><p><br /></p>

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