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<p>[QUOTE="mynamespat, post: 2617946, member: 83738"]Auction houses are in the business of selling. Most are trying to get the most out of every item, but in the end they are making their money from buyer/seller premiums. So, they are generally happier with any sale over unsold lots. Chances a consignor has set a minimum amount they will accept for that coin. Of course, it never hurts to send a more reasonable offer. I doubt the auction house would think poorly of you for doing so (they probably already know the asking price is too high). </p><p>Has the coin dropped in value recently? It's also possible whoever owns the coin is stuck for more than the current worth .[/QUOTE]</p><p><br /></p>
[QUOTE="mynamespat, post: 2617946, member: 83738"]Auction houses are in the business of selling. Most are trying to get the most out of every item, but in the end they are making their money from buyer/seller premiums. So, they are generally happier with any sale over unsold lots. Chances a consignor has set a minimum amount they will accept for that coin. Of course, it never hurts to send a more reasonable offer. I doubt the auction house would think poorly of you for doing so (they probably already know the asking price is too high). Has the coin dropped in value recently? It's also possible whoever owns the coin is stuck for more than the current worth .[/QUOTE]
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