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<p>[QUOTE="lrbguy, post: 2876775, member: 88829"]People often don't realize that auction houses have lotting minimums, the minimum price they need to have a lot to achieve to make it worthy of catalog space. Since a number of the bronzes in the group lot are significantly scratched and not likely to achieve the minimum, they group them. However, they don't just dump the lower grade stuff by itself. They salt in a few "plums" to try to catch bidder interest. The more high profile a house is, the higher the lotting minimum, and the larger their "balance" lots. This house called special attention to the Vitellius, as the ringer, which makes 11 coins with the other ten. At an average of 33 1/2 euros per coin that is a good price for large Imperial bronzes even sight unseen - if you don't care what issues you are getting. So clearly, the way they were marketing it, in their minds this lot was intended for the wholesale market to buyers intending to retail the coins. Their other clients are probably upscale enough that the house did not expect them to show much interest. That they agreed to rephoto the lot, may not have much impact on how it is listed in their print catalog, but MAYBE the online listing will show them off a bit more.</p><p><br /></p><p>When you go to six bidders you can see the stratification of companies by the starting prices on their lots and by the grade of the material. The status of a company (especially in their eyes) will tell you a great deal about how they will lot your consignment. Facts of life.</p><p><br /></p><p>Doug posted as I was writing, but we are on the same wavelength on this one. </p><p>BTW, why on earth do you prefer "unpatinated" Sestertii? Not all patina is green. We have some threads going now that get into that (on treating bronze disease and Verdigris) which would be good for you to read.[/QUOTE]</p><p><br /></p>
[QUOTE="lrbguy, post: 2876775, member: 88829"]People often don't realize that auction houses have lotting minimums, the minimum price they need to have a lot to achieve to make it worthy of catalog space. Since a number of the bronzes in the group lot are significantly scratched and not likely to achieve the minimum, they group them. However, they don't just dump the lower grade stuff by itself. They salt in a few "plums" to try to catch bidder interest. The more high profile a house is, the higher the lotting minimum, and the larger their "balance" lots. This house called special attention to the Vitellius, as the ringer, which makes 11 coins with the other ten. At an average of 33 1/2 euros per coin that is a good price for large Imperial bronzes even sight unseen - if you don't care what issues you are getting. So clearly, the way they were marketing it, in their minds this lot was intended for the wholesale market to buyers intending to retail the coins. Their other clients are probably upscale enough that the house did not expect them to show much interest. That they agreed to rephoto the lot, may not have much impact on how it is listed in their print catalog, but MAYBE the online listing will show them off a bit more. When you go to six bidders you can see the stratification of companies by the starting prices on their lots and by the grade of the material. The status of a company (especially in their eyes) will tell you a great deal about how they will lot your consignment. Facts of life. Doug posted as I was writing, but we are on the same wavelength on this one. BTW, why on earth do you prefer "unpatinated" Sestertii? Not all patina is green. We have some threads going now that get into that (on treating bronze disease and Verdigris) which would be good for you to read.[/QUOTE]
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