Message:

<p>[QUOTE=&quot;calcol, post: 2648749, member: 77639&quot;]Brett,</p><p><br /></p><p>I’ve learned the hard way not to bid “live” with some exceptions (see&nbsp; below).&nbsp; It’s too easy to get caught-up and overbid, or to hesitate and miss a good buy.&nbsp; The live auctions move really fast.&nbsp; Best is to do your homework and determine what a reasonable bid should be.&nbsp; Then decide in advance the maximum that you will pay and bid it before the live auctions starts.</p><p><br /></p><p>I don’t worry about giving away my hand by advance bidding.&nbsp; Bidders see only the current bid and have no idea what other bidders are willing to do until they up the bid.&nbsp; Most bidders have a maximum they are willing to pay, just like you do.&nbsp; Once the bid reaches their maximum, they’re done. </p><p><br /></p><p>It’s great when you can see the coin or have a trusted expert view it for you.&nbsp; Jet Blue has inexpensive flights between Sacramento and Long Beach if you book in advance.&nbsp; It’s too late to get cheap flights for next week, but keep it in mind for future auctions.&nbsp; If you’re interested in Long Beach hotel info, PM me.&nbsp; It may be possible to get a dealer or collector friend to view coins for you and give you an opinion for free.&nbsp; Try to make sure they are not interested in bidding on the same coin though.</p><p><br /></p><p>Consider live bidding when:</p><p><br /></p><p>1.&nbsp; More expensive coins are being considered.&nbsp; Once you get into the 4-figure and up range, the bid increments can be hundreds or thousands.&nbsp; In live bidding, you can make cut bids, which is a bid you can make once per coin at ½ the usual increment.</p><p><br /></p><p>2.&nbsp; There are several coins of the same type that would be acceptable, but you only want one.&nbsp; Do an advance bid on the first lot, but it you don’t get it, you can bid on subsequent lots.</p><p><br /></p><p>3.&nbsp; If you have a fixed maximum to spend and the sum value of the coins that you would really like to have exceeds that maximum, then use advance bids on the earlier lots up to your maximum.&nbsp; If you don’t get one or more of the earlier lots, then you can live bid on subsequent lots.&nbsp; Just watch your total though as the auction progresses.</p><p><br /></p><p>4.&nbsp; In Calif., there is sales tax on invoices under $1500.&nbsp; If you get a lot under $1500, you can use live bidding to get another coin to bring the total over $1500.</p><p><br /></p><p>Cal[/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