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<p>[QUOTE="JPeace$, post: 2029803, member: 42727"]I buy most of my coins at auction houses that charge the 17.5%, plus S/H. Yes, it sucks and I wish it were less; however, they also have great coins to choose from and if you're patient, you can get good deals.</p><p><br /></p><p>These same auctions also attract many buyers, so bidding wars occur frequently. 2 months ago, there was a <u>beautiful</u> Morgan 1897-S MS66*. It hammered at $1700! I bid strong money @ $475 (well over FMV) and I was blown out of the water. No pedigree on the coin, just one that many thought was undergraded. Long story short, I wanted that coin, but only at my final bid. I let it go. There will always be deeper pockets than mine, but I've also learned that if you're patient, you'll be happier in the long run.</p><p><br /></p><p>Like many said prior to my post, no one is forcing anyone to participate at these auctions. It's supply and demand.[/QUOTE]</p><p><br /></p>
[QUOTE="JPeace$, post: 2029803, member: 42727"]I buy most of my coins at auction houses that charge the 17.5%, plus S/H. Yes, it sucks and I wish it were less; however, they also have great coins to choose from and if you're patient, you can get good deals. These same auctions also attract many buyers, so bidding wars occur frequently. 2 months ago, there was a [U]beautiful[/U] Morgan 1897-S MS66*. It hammered at $1700! I bid strong money @ $475 (well over FMV) and I was blown out of the water. No pedigree on the coin, just one that many thought was undergraded. Long story short, I wanted that coin, but only at my final bid. I let it go. There will always be deeper pockets than mine, but I've also learned that if you're patient, you'll be happier in the long run. Like many said prior to my post, no one is forcing anyone to participate at these auctions. It's supply and demand.[/QUOTE]
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