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<p>[QUOTE=&quot;omahaorange, post: 1341548, member: 28199&quot;]I&#039;m not sure you understand the concept of either one.&nbsp; I, personally, am a collector.&nbsp; I can count on two fingers the number of times I have sold coins.&nbsp; When I go to auctions, or the coin shop, or the flea market, I look for the coins I need or want to add to my collection.&nbsp; I am not interested in whether I can sell them down the road for profit.&nbsp; That will be somebody else&#039;s problem when the time comes.</p><p><br /></p><p>Profit does not come quickly.&nbsp; To make big money buying and selling anything, you really need to buy as low as possible, hold it until the time is right (prices have risen) and then sell.&nbsp; You need to be able to afford to sit on this stuff for a while.&nbsp; &nbsp; Look at it from the opposite side.&nbsp; You have coins you&#039;d like to sell, so you hire an auctioneer.&nbsp; Who do want in the seats at this auction?&nbsp; You, looking to score cheap?&nbsp; Or the elderly couple with cash in hand bidding to their actual value?&nbsp; Using your suggestion from an earlier post, the elderly couple is excluded, and you&#039;re getting well under melt for what you have.&nbsp; You lost money on the deal, no profit.</p><p><br /></p><p>I have been attending auctions for 25 years.&nbsp; I never just &quot;pop&quot; into an auction.&nbsp;&nbsp; I have looked at the listings, decided what I want, research the current prices and determine what I&#039;m willing to pay.&nbsp; then I go to the auction and bid.&nbsp; Once the bid exceeds my maximum (which, like I said, I set before I left my house), I stop bidding and wait for the next lot I want.&nbsp; Pretty simple concept.&nbsp; Researching auctions is easier than ever.&nbsp; <a href="http://www.auctionzip.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.auctionzip.com" rel="nofollow">http://www.auctionzip.com</a> lists local auctions from all over the country well in advance of the date, most including pictures.&nbsp; The local Sunday newspaper also lists local auctions in your area.</p><p><br /></p><p>Like I said earlier, the days of bargains at auctions is over.&nbsp; too many people have the information at their fingertips.&nbsp; The easy accessibility to eBay and flea markets has created a whole new class of vendors and dealers.&nbsp; It&#039;s rare that you find the $2000 antique for $2 anymore.&nbsp; There is nothing you can do to change that.&nbsp; Accept it, save you money, and expect to bid higher at the next auction.[/QUOTE]</p><p><br /></p>

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