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<p>[QUOTE=&quot;VirginiaMan, post: 2649039, member: 82316&quot;]My approach WAS attending auctions (historical documents, autographs, etc) for years in my &quot;early days&quot; of building collections. Interesting enough, I was finding myself going over my intended &quot;target price&quot; (always figuring into my bid the Buyer&#039;s Premium) because of the &quot;hunt-energy in the room-excitment of the chase&quot;. Now I simply deeply and aggressivley evauate and &quot;Value-Research&quot; the coin i&#039;m interested in. I average recent sales of like-wise coins; compare that to &quot;price-list-values&quot;; compare condition/eye-appeal/flaws &amp; pluses/and &quot;value&quot;. At that time I fix on a &quot;buy-it-value&quot; and that becomes my max price to bid. Since &quot;no-one&quot; knows my max price, I just place that bid in. If I get out-bid ....so be it. There is ALWAYS another &quot;like&quot; coin in another auction around the next corner. .....works for me.[/QUOTE]</p><p><br /></p>

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