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My first ancient gold coin: a solidus of Arcadius
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<p>[QUOTE="Severus Alexander, post: 7411626, member: 84744"]I think this misrepresent's the auction fan's position a bit. We don't think auctions typically save the collector money, or on average... just that you have a better chance of catching the low end in an auction than at retail. This may just be because of a higher variance around a similar average. (Example: my winning bid for the Leo solidus above was only 250 CHF in 2017, about 295 USD including fees & shipping. That was only about 155% of spot price at the time. There was no realistic chance of getting a similar coin for that price at retail.)[/QUOTE]</p><p><br /></p>
[QUOTE="Severus Alexander, post: 7411626, member: 84744"]I think this misrepresent's the auction fan's position a bit. We don't think auctions typically save the collector money, or on average... just that you have a better chance of catching the low end in an auction than at retail. This may just be because of a higher variance around a similar average. (Example: my winning bid for the Leo solidus above was only 250 CHF in 2017, about 295 USD including fees & shipping. That was only about 155% of spot price at the time. There was no realistic chance of getting a similar coin for that price at retail.)[/QUOTE]
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My first ancient gold coin: a solidus of Arcadius
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