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<p>[QUOTE=&quot;Gallienus, post: 3056131, member: 42034&quot;]Actually I have bid in European auctions, both historically and in the past 6 months.&nbsp; Still have&#039;t seen the effect you mentioned.&nbsp; Without what coins you&#039;re referring to your claims are almost impossible to verify.&nbsp; </p><p><br /></p><p>If you&#039;re only bidding on the finest known example of a coin then it might be possible to have brisk competition even in a declinging market.&nbsp; For example lets say that US Barber quarters (1892-1916) are declining across the board in all grades including up to ms-67.&nbsp; You and Zohar may each want the finest known Barber quarter, say in ms-70.&nbsp; Even tho virtually all Barber quarters are cheaper a fight over the finest known 1915-s quarter could reach astronomical heights.&nbsp; However this is perhaps not indicative of market conditions in general: even in Europe.</p><p><br /></p><p>Any real examples?[/QUOTE]</p><p><br /></p>

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