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<p>[QUOTE="samclemens3991, post: 25240571, member: 82181"]I have been bidding on coins online since 1995. I rarely participate in E-Bay auctions, but, over the years, have won hundreds of coins at Heritage, Teletrade, Stacks Bowers, and Great Collections.</p><p>I have always just placed a bid for the price I am willing to pay and then let it ride. No bidding wars. Some times I am 50 percent over current CDN and at other times 50 percent below. All depends on how I grade the coin.</p><p>I would guess that I am successful about one out of four times. There will ALWAYS be another auction and another coin.</p><p>I am not sure how my approach comes across from a psych point of view. I don't make nuclear bids but can honestly say at least 50% of the time I win my exact bid is the exact winning price. I think the market has a way of setting the appropriate price. the trick is to know what that is at any auction site. James[/QUOTE]</p><p><br /></p>
[QUOTE="samclemens3991, post: 25240571, member: 82181"]I have been bidding on coins online since 1995. I rarely participate in E-Bay auctions, but, over the years, have won hundreds of coins at Heritage, Teletrade, Stacks Bowers, and Great Collections. I have always just placed a bid for the price I am willing to pay and then let it ride. No bidding wars. Some times I am 50 percent over current CDN and at other times 50 percent below. All depends on how I grade the coin. I would guess that I am successful about one out of four times. There will ALWAYS be another auction and another coin. I am not sure how my approach comes across from a psych point of view. I don't make nuclear bids but can honestly say at least 50% of the time I win my exact bid is the exact winning price. I think the market has a way of setting the appropriate price. the trick is to know what that is at any auction site. James[/QUOTE]
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