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<p>[QUOTE="savitale, post: 7719560, member: 95284"]In an area without widespread third party certification I agree it is important to view the coin in-person, either yourself or through an agent. I, for one, don't trust the auction house to be 100% forthcoming about all the borderline flaws on a coin. That certainly would make for some unhappy consigners.</p><p><br /></p><p>On the other hand I think the value of in-person bidding vs internet or phone is modest, if any, for collectors. Maybe if they are a dealer bidding on hundreds of coins and writing a six-figure check at the end there is something about establishing your presence in the room. But for the collector buying a small number of coins they very much want I don't see how "reading the room" is going to make any difference. </p><p><br /></p><p>I also agree with others that the agent discussion is only useful in the context of $1000+ coins. At a 5% commission rate I doubt there are many experienced dealers who are excited about taking on a client for less than $50.[/QUOTE]</p><p><br /></p>
[QUOTE="savitale, post: 7719560, member: 95284"]In an area without widespread third party certification I agree it is important to view the coin in-person, either yourself or through an agent. I, for one, don't trust the auction house to be 100% forthcoming about all the borderline flaws on a coin. That certainly would make for some unhappy consigners. On the other hand I think the value of in-person bidding vs internet or phone is modest, if any, for collectors. Maybe if they are a dealer bidding on hundreds of coins and writing a six-figure check at the end there is something about establishing your presence in the room. But for the collector buying a small number of coins they very much want I don't see how "reading the room" is going to make any difference. I also agree with others that the agent discussion is only useful in the context of $1000+ coins. At a 5% commission rate I doubt there are many experienced dealers who are excited about taking on a client for less than $50.[/QUOTE]
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