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In Appreciation of Large Lots - Not just crusty LRBs
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<p>[QUOTE="Herodotus, post: 6439740, member: 111387"]Heh, I recognize that pic from a S. Album auction a few months back. I had a couple of those mixed lots on my radar as well. I failed to secure any of them. </p><p><br /></p><p>I too employ a strategy of comfortably undervaluing large lots, as to how much I set for a max bid. As such, I lose out on >95% of the lots that I bid on. That is probably a good thing for my wallet. </p><p><br /></p><p>Being a bargain hunter. I’d like to believe that I’m acquiring coins @(or below) wholesale, rather than at retail prices.</p><p><br /></p><p>However, when I was still only months into the hobby(w/ limited-to-none valuation experience), there were a few large lots that I later regretted getting away from me. I wish I had bid more at the time; making a better effort at securing some of them — later realizing the hammer price was still comfortably below what the lots were likely worth. </p><p><br /></p><p>What’s crazy, is that in the year or so that I’ve been collecting, prices have noticeably inflated significantly in that short time. It almost has the feel of a ‘bubble’ of panic-buying emerging. </p><p><br /></p><p>It has made pricing and securing quality large lots more of a challenge of late.</p><p><br /></p><p>I’ve learned a lot over the months by simply researching unattributed lots on offer, and identifying visible coins that I didn’t eventually end up acquiring. </p><p><br /></p><p>Here’s a mini lot of RRs scheduled to be dropped in my box a little later, after making its way across the pond from the UK.</p><p><br /></p><p>[ATTACH=full]1255084[/ATTACH]</p><p><br /></p><p><br /></p><p>Actually, I just heard the mailman make the drop as I pasted the pic.</p><p><br /></p><p>WooHoo!<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Herodotus, post: 6439740, member: 111387"]Heh, I recognize that pic from a S. Album auction a few months back. I had a couple of those mixed lots on my radar as well. I failed to secure any of them. I too employ a strategy of comfortably undervaluing large lots, as to how much I set for a max bid. As such, I lose out on >95% of the lots that I bid on. That is probably a good thing for my wallet. Being a bargain hunter. I’d like to believe that I’m acquiring coins @(or below) wholesale, rather than at retail prices. However, when I was still only months into the hobby(w/ limited-to-none valuation experience), there were a few large lots that I later regretted getting away from me. I wish I had bid more at the time; making a better effort at securing some of them — later realizing the hammer price was still comfortably below what the lots were likely worth. What’s crazy, is that in the year or so that I’ve been collecting, prices have noticeably inflated significantly in that short time. It almost has the feel of a ‘bubble’ of panic-buying emerging. It has made pricing and securing quality large lots more of a challenge of late. I’ve learned a lot over the months by simply researching unattributed lots on offer, and identifying visible coins that I didn’t eventually end up acquiring. Here’s a mini lot of RRs scheduled to be dropped in my box a little later, after making its way across the pond from the UK. [ATTACH=full]1255084[/ATTACH] Actually, I just heard the mailman make the drop as I pasted the pic. WooHoo!:D:D:D[/QUOTE]
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In Appreciation of Large Lots - Not just crusty LRBs
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