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<p>[QUOTE=&quot;MalakingAso, post: 1342301, member: 33557&quot;]I&#039;ve been to several auctions where certain individuals seem to over bid but that is there prerogative.&nbsp; It is none of my business what they are doing with the coins.&nbsp; I go with specific coins that I am targeting and if I can&#039;t get them in my buy range I don&#039;t buy them. Have I personally overbid because I really wanted a coin, yes.&nbsp; That is human nature but I try to manage it and only try to get unique coins as the average morgan, peace, etc. seem to go for too much of a premium over what I can get them on a daily basis.&nbsp; It is fun when you pick up a philharmonic because others don&#039;t think it&#039;s silver or think it&#039;s a commemorative.</p><p><br /></p><p>For instance I went to an auction the other day and there was phone bidder.&nbsp; I know for a fact that he buys coins and re-sells them at gun shows.&nbsp; He must do well as he seems to be able to pay a bit more than I am comfortable.&nbsp; But then again I am in this for my personal collection not necessarily for flipping the coins.&nbsp; Have I flipped coins that I&#039;m not interested in, of course.&nbsp; </p><p><br /></p><p>I have yet to get a screaming deal on coins at an auction.&nbsp; I&#039;m sure they happen but I haven&#039;t yet had that experience.&nbsp; I am going to try to attend an upcoming one on a weekday night.&nbsp; I hear that attendance is sparse and deals are to be had.&nbsp; We will see.[/QUOTE]</p><p><br /></p>

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