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Good Buy? $2,200 1862 PF63 Seated Half Dollar
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<p>[QUOTE="johnmilton, post: 5364756, member: 101855"]I dislike auctions. I almost never do well in them, and I have been a collector for 60 years. Some people think that's it's okay to bid or keep bidding because someone else is bidding. That is not a safe assumption. All it takes is two fools or uninformed bidders to drive the final price to ridiculous levels. </p><p><br /></p><p>The buyer's fees are one more problem with auctions. Some people just ignore them. Some dealers can talk all they want that they don't matter. If you are a collector who has a narrower interest than dealers, you know that the buyers' fees sour many auction bids. I much prefer the auctions that don't have them. When I was a dealer, I would loved to have been able to 20% to invoice after I closed a deal.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 5364756, member: 101855"]I dislike auctions. I almost never do well in them, and I have been a collector for 60 years. Some people think that's it's okay to bid or keep bidding because someone else is bidding. That is not a safe assumption. All it takes is two fools or uninformed bidders to drive the final price to ridiculous levels. The buyer's fees are one more problem with auctions. Some people just ignore them. Some dealers can talk all they want that they don't matter. If you are a collector who has a narrower interest than dealers, you know that the buyers' fees sour many auction bids. I much prefer the auctions that don't have them. When I was a dealer, I would loved to have been able to 20% to invoice after I closed a deal.[/QUOTE]
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Good Buy? $2,200 1862 PF63 Seated Half Dollar
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