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<p>[QUOTE=&quot;zumbly, post: 3220818, member: 57495&quot;]Since I had saved the results of FSR 103, I thought I would crunch the numbers for a quick comparison:</p><p><br /></p><p>[ATTACH=full]838464[/ATTACH] </p><p><br /></p><p>As you can see, for FSR 106, there&#039;s an increase in terms of the average percentage reduction achieved off the max bids.&nbsp; However, I don&#039;t know if 2.8% is significant given the variables at play (number of bidders, available budget, selection of coins being offered, etc), and definitely not if it represents a trend since this is a comparison between just two auctions.&nbsp; Frank has said in the past that the average reductions are generally in the region of 15%.</p><p><br /></p><p>Drilling a little deeper... the highest percentage reduction achieved in FSR 103 was 68%.&nbsp; Highest achieved in FSR 106 was 86%, for Lot 401, a Justinian I follis, which was won for $35... on a max of $250 <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" />...</p><p><br /></p><p>[ATTACH=full]838465[/ATTACH] </p><p><br /></p><p>Three other lots in FSR 106 achieved outsized reductions in the 70% range.&nbsp; Lot 245, a Commodus denarius winning bid $85 on max $350; Lot 195, a Nero denarius winning bid $110 on max $401; Lot 406, a Maurice Tiberius follis winning bid $25 on max $85.&nbsp; I had considered bidding on the Commodus denarius just because it looked like a nice example, but I wouldn&#039;t have paid anywhere close to that max for an unpublished cuirassed bust.&nbsp; The other two just leave me scratching my head.</p><p><br /></p><p>The average price reduction achieved in FSR 103 was $23.45 for 439 lots, and the average in FSR 106 was $27.76 for 412 lots.&nbsp; </p><p><br /></p><p>The biggest reduction in FSR 103 was $625 (Lot 193, posthumous dupondius of Augustus, winning bid $1374 on max of $2000), and the biggest in FSR 106 was $825 (Lot 184, Mark Antony &amp; Octavian denarius, winning bid $1750 on max of $2575).</p><p><br /></p><p>And, just for the record, the reduction I received for my main target (mentioned upthread) was 29.7%. I would have been okay if I had scored it at the average 18% reduced amount, and would have ponied up with some slight grumbling at max, but as it stands, I&#039;m much happier with the actual result. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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