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<p>[QUOTE="Heliodromus, post: 7714154, member: 120820"]There's obvious benefit to in-hand inspection (whether by yourself, or by an agent), but once you've assessed the desirability/value of the coin, I really don't get the value of being in-room to bid.</p><p><br /></p><p>At the end of the day, and after all the psychological bidding strategies, the maximum bid still wins (whether well informed or good value or not). You certainly can't beat the anonymity and "poker face" of a remote bidder, and the claimed advantage of being in-room observing the other bidders supports the value of that! To the remote bidder your bid is just a number of the screen they are willing to exceed or not. They may bid and be at their limit, or they might be on their way to bidding it up to an absurd market multiple. Who knows ?</p><p><br /></p><p>For my collection, even the value of in-hand inspection would be minimal since I'm targeting specific types that don't show up that often, so you don't have the luxury of picking and choosing among specimens that are only subtly different in appeal/quality.[/QUOTE]</p><p><br /></p>
[QUOTE="Heliodromus, post: 7714154, member: 120820"]There's obvious benefit to in-hand inspection (whether by yourself, or by an agent), but once you've assessed the desirability/value of the coin, I really don't get the value of being in-room to bid. At the end of the day, and after all the psychological bidding strategies, the maximum bid still wins (whether well informed or good value or not). You certainly can't beat the anonymity and "poker face" of a remote bidder, and the claimed advantage of being in-room observing the other bidders supports the value of that! To the remote bidder your bid is just a number of the screen they are willing to exceed or not. They may bid and be at their limit, or they might be on their way to bidding it up to an absurd market multiple. Who knows ? For my collection, even the value of in-hand inspection would be minimal since I'm targeting specific types that don't show up that often, so you don't have the luxury of picking and choosing among specimens that are only subtly different in appeal/quality.[/QUOTE]
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