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<p>[QUOTE=&quot;AncientJoe, post: 2054816, member: 44357&quot;]A very attractive coin that I thought about bidding on myself! Heritage left out that it was also sold by NAC in 2012: <a href="http://www.acsearch.info/search.html?id=1275303" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.acsearch.info/search.html?id=1275303" rel="nofollow">http://www.acsearch.info/search.html?id=1275303</a> - the price doesn&#039;t include the buyer&#039;s premium so it ended up selling for about what you paid.</p><p><br /></p><p>However, I suspect part of that was due to NAC&#039;s images, which make the metal look worse than it probably is (I haven&#039;t seen it in hand).</p><p><br /></p><p>When your coin sold previously at Heritage, they took a nice pair of images, which probably helped produce a stronger price. The buyer at that point (the &quot;California Collection&quot;&#039;s collector) was also paying somewhat strong prices across the board when buying his coins but then suddenly decided to sell them in this sale, and I was told that he was informed he may be taking a loss on them, which he was fine with.</p><p><br /></p><p>Overall, the nicer coins from this Heritage auction went rather cheap. I bought three quality five-figure coins that I didn&#039;t expect to win, all at around 50% of their lowest previous sale price.</p><p><br /></p><p>Personally, I hypothesize that this is primarily due to a fantastic offering of coins coming up at CNG tomorrow. Having two large sales back-to-back puts pressure on the market and I&#039;ve seen that the earlier sale tends to lose out, which definitely seems to be the case here.</p><p><br /></p><p>Congratulations on a great coin, and I&#039;m glad I decided to not go after it as I would have ended up making it more expensive for you! I think it was definitely a case of good timing and a good eye on your part![/QUOTE]</p><p><br /></p>

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