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<p>[QUOTE="lackluster, post: 1341908, member: 21103"]I have a similar situation. I sometimes attend estate sales by a local auctioneer when they have coins. They usually sell the coins in a seperate ring w/150 to 200 lots. There is an elderly gentleman with a younger friend who tends to buy about 70% of the lots and generally gets in the first bid. Needless to say when someone buys that many items they are generally not getting a bargain price. I would usually get 2 or 3 things at decent prices, but sometimes nothing.</p><p>I always figured this guy just has a bunch of money and is buying it up to hoard, so to speak. Them to my surprise i went to decent sized coin show in a nearby city and ther was the old guy running a coin table. I bought a couple of bust dimes and a seated half at a pretty good price from him. I still can't really figure it out, but my guess is he just buys so much stuff then sets up and sells it not remebering what he paid. I don't see how he makes any money. Still a mystery???</p><p><br /></p><p>Lack[/QUOTE]</p><p><br /></p>
[QUOTE="lackluster, post: 1341908, member: 21103"]I have a similar situation. I sometimes attend estate sales by a local auctioneer when they have coins. They usually sell the coins in a seperate ring w/150 to 200 lots. There is an elderly gentleman with a younger friend who tends to buy about 70% of the lots and generally gets in the first bid. Needless to say when someone buys that many items they are generally not getting a bargain price. I would usually get 2 or 3 things at decent prices, but sometimes nothing. I always figured this guy just has a bunch of money and is buying it up to hoard, so to speak. Them to my surprise i went to decent sized coin show in a nearby city and ther was the old guy running a coin table. I bought a couple of bust dimes and a seated half at a pretty good price from him. I still can't really figure it out, but my guess is he just buys so much stuff then sets up and sells it not remebering what he paid. I don't see how he makes any money. Still a mystery??? Lack[/QUOTE]
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