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<p>[QUOTE=&quot;dougsmit, post: 3587981, member: 19463&quot;]I see good and bad here but no one cares for my opinion.&nbsp; Here is a fact:&nbsp; You will win more coins and be happier with what you win in Frank&#039;s sales with honesty than trying to play the system.&nbsp; Frank works differently than some auctioneers.&nbsp; He will tell you when you bid whether your bid is leading or not.&nbsp; I suggest honestly appraising the coin in your opinion and bidding that full amount.&nbsp; Lets say you like Lot #1 and think it is worth $100.&nbsp; If you bid $100 and I bid $50, Frank will tell me that I need to bid $105 to take the lead.&nbsp; I&#039;ll say it was not worth that much and walk away.&nbsp; If no one else bids, you will get the coin for $51. If you bid $1 over the previous bidder you are almost begging someone to bid $1 over you and start a back and forth game that will end with someone paying more than they planned.&nbsp; Bid your max and walk away.&nbsp; If you go back later and bid again either you were not honest the first time or are now likely to pay more than the coin is worth.&nbsp; Somewhere in every sale Frank notes the coin sold in his sale ten years ago for three times what he is starting at now.&nbsp; That does not mean the value went down; it means someone paid too much before.&nbsp; </p><p><br /></p><p>If you are a beginner and see a starting bid of $100 on a coin worth $1000 you are likely to discover many of us are bidding on that coin so you will not win it anyway.&nbsp; On the other hand, many nice coins go for lower prices because most of his customers are interested in high grade coins of the popular varieties rather than the common stuff in presentable grade.&nbsp; If all you want is a decent coin of a Roman emperor, try Trajan, Vespasian or Commodus rather than joining the hunt for the rare guys you have never heard of (Otho, Didius Julianus etc.).&nbsp; </p><p><br /></p><p>I won eight coins in the last FSR sale and have my eye set on a couple in this sale.&nbsp; I may or may not win one of more this time. My database tells me I currently own 361 coins purchased from Frank in the last 32 years since I discovered him.&nbsp; I have been selling off some of my children lately (some through John Anthony&#039;s sales here on CT) so I am sure my purchases would number over 400.&nbsp; From one old guy to another:&nbsp; Give him a try but try buying a few coins you like <u>for what you are willing to pay</u> rather than flooding him with series of $1 higher bids that you will never win. </p><p><br /></p><p>&#039;Folly&#039; is putting it nicely.&nbsp; I&#039;d go so far as to say &#039;stupid&#039;.&nbsp; It is almost as bad as some of us here who try to attract new people to our hobby and suggest they patronize our favorite dealers. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie14" alt=":angelic:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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