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<p>[QUOTE="AncientJoe, post: 1989891, member: 44357"]I definitely appreciate your struggle as well. It's challenging to commit to bidding significantly over the estimate, but estimates are often quite low to encourage more bidding.</p><p><br /></p><p>My most expensive coin, my Eid Mar denarius, was estimated illogically low but I had to pay 4.13x the estimate to acquire it. I don't consider myself to have overpaid as there were three other bidders at almost the same price. Most of my best coins cost 2-3x the estimate, and some I've won for exactly at the estimate (and on the other side, one of my favorites hammered for 1/4th of my max bid).</p><p><br /></p><p>My approach is to do the research thoroughly ahead of time and stick with my max bid. I usually incorporate a bit of flexibility because it's hard to know exactly what bid you'll land on: I'll leave myself a cut bid or will "complete" a cut bid if one occurs before, but I stop after that.</p><p><br /></p><p>As said above, it's possible the bidder who won it would bid much higher: maybe they were the bidder on the Agrippa As from NAC 78 for 12 times the estimate <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>I wouldn't worry too much - there is always another coin coming up around the corner![/QUOTE]</p><p><br /></p>
[QUOTE="AncientJoe, post: 1989891, member: 44357"]I definitely appreciate your struggle as well. It's challenging to commit to bidding significantly over the estimate, but estimates are often quite low to encourage more bidding. My most expensive coin, my Eid Mar denarius, was estimated illogically low but I had to pay 4.13x the estimate to acquire it. I don't consider myself to have overpaid as there were three other bidders at almost the same price. Most of my best coins cost 2-3x the estimate, and some I've won for exactly at the estimate (and on the other side, one of my favorites hammered for 1/4th of my max bid). My approach is to do the research thoroughly ahead of time and stick with my max bid. I usually incorporate a bit of flexibility because it's hard to know exactly what bid you'll land on: I'll leave myself a cut bid or will "complete" a cut bid if one occurs before, but I stop after that. As said above, it's possible the bidder who won it would bid much higher: maybe they were the bidder on the Agrippa As from NAC 78 for 12 times the estimate :) I wouldn't worry too much - there is always another coin coming up around the corner![/QUOTE]
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