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<p>[QUOTE="Fugio1, post: 7973198, member: 89970"]The recent Leu, Aureo & Calico, and Soler y Llach were all very high profile sales attracting a lot of attention from collectors and dealers. The S y L sale was particularly rich in early Roman Republican silver and I sat through 12 lots that are high on my want list, and most hammered for double or more than my estimate of max value in the current climate. I used ACSearch to find the highest historical prices and added various percentages based on the condition. ACSearch is generally no longer a reliable resource for this purpose.</p><p><br /></p><p><br /></p><p>I've seen a pattern where really nice coins can be had at auction for a reasonable price when most of the lots in the auction are low or middle grade coins but there are one or two really high grade lots. Because most of the lots are average quality, the sale doesn't attract much attention and potential bidders need to decide whether to watch the auction or do something else in their busy lives. The downside is that it takes a lot work to wade through common and mediocre stuff searching for the infrequent gem.[/QUOTE]</p><p><br /></p>
[QUOTE="Fugio1, post: 7973198, member: 89970"]The recent Leu, Aureo & Calico, and Soler y Llach were all very high profile sales attracting a lot of attention from collectors and dealers. The S y L sale was particularly rich in early Roman Republican silver and I sat through 12 lots that are high on my want list, and most hammered for double or more than my estimate of max value in the current climate. I used ACSearch to find the highest historical prices and added various percentages based on the condition. ACSearch is generally no longer a reliable resource for this purpose. I've seen a pattern where really nice coins can be had at auction for a reasonable price when most of the lots in the auction are low or middle grade coins but there are one or two really high grade lots. Because most of the lots are average quality, the sale doesn't attract much attention and potential bidders need to decide whether to watch the auction or do something else in their busy lives. The downside is that it takes a lot work to wade through common and mediocre stuff searching for the infrequent gem.[/QUOTE]
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