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Oh boy! There's a local auction this Saturday with coins!
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<p>[QUOTE="Pacecar, post: 1526977, member: 29388"]Wow, you guys are ruthless! </p><p><br /></p><p>Preston's Mom, </p><p><br /></p><p>I would say do your homework on the coins and values. Write everything down that you are interested in. Write down the prices for Mint State and Very Good. Also write down melt value(Silver or Gold). When I am at an auction buying, I NEVER open up the bidding, I let somebody else open it up and see where it goes. If it is a good price when the bidding stops/slows down, then I will jump in. Show up early and EXAMINE the coins CLOSELY(preferrably with a loupe). Look for any damage/cleaning. Make sure you know wether or not there is a buyer's premium, and factor that into your bid. The most important decision on how much to pay for something begins with wether you are buying to resell or to keep. I go to a lot of auctions and I come home empty handed a lot of times, but I do come away with a deal once-in-awhile. If the auction is listed online with pictures, PM and I will help you out anyway I can. I am an auctioneer and I specialize in the "4 Cs": Coins, Currency, Collectibles & Classic Cars. Not all Auctioneers are like a used car salesmen, although I have run into a few of them that are and thanks to those I got my Auctioneer's License last year.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Pacecar, post: 1526977, member: 29388"]Wow, you guys are ruthless! Preston's Mom, I would say do your homework on the coins and values. Write everything down that you are interested in. Write down the prices for Mint State and Very Good. Also write down melt value(Silver or Gold). When I am at an auction buying, I NEVER open up the bidding, I let somebody else open it up and see where it goes. If it is a good price when the bidding stops/slows down, then I will jump in. Show up early and EXAMINE the coins CLOSELY(preferrably with a loupe). Look for any damage/cleaning. Make sure you know wether or not there is a buyer's premium, and factor that into your bid. The most important decision on how much to pay for something begins with wether you are buying to resell or to keep. I go to a lot of auctions and I come home empty handed a lot of times, but I do come away with a deal once-in-awhile. If the auction is listed online with pictures, PM and I will help you out anyway I can. I am an auctioneer and I specialize in the "4 Cs": Coins, Currency, Collectibles & Classic Cars. Not all Auctioneers are like a used car salesmen, although I have run into a few of them that are and thanks to those I got my Auctioneer's License last year.:)[/QUOTE]
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Oh boy! There's a local auction this Saturday with coins!
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