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Old guy, new ancient collector.....please help!
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<p>[QUOTE="dougsmit, post: 3588104, member: 19463"]I rarely disagree with TIF as much as we do on this point. I read Frank's quotes of ridiculous realizations as 'Look at the stupid people' rather than as guides for bidding. His sales used to attract more people who knew they could not compete with the Hunt Brothers level collectors but were seeking nice coins at a fair price. Today we see more people with more money than sense bidding FDC prices for MS 3/5 3/5 coins. Yes, recent sales will tell you what someone paid (except when the reports were faulty - Do they delete sales that were never paid or returned as fake?) The value of a coin is not what was paid by fools and money launderers but what it is reasonable to expect that same coin to bring in a subsequent sale. Frank is saying that there are sales that should <u>not</u> be considered when deciding what to bid. I don't care how rich you are, there is someone richer. Just hope that one does not decide to collect what you collect. I have known half a dozen people wealthy enough they did not have to ask the price of the coins they bought. </p><p><br /></p><p><a href="https://www.acsearch.info/search.html?id=5650131" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.acsearch.info/search.html?id=5650131" rel="nofollow">https://www.acsearch.info/search.html?id=5650131</a></p><p>What does the paid version say about this lot? Why is it listed without explanation? Maybe that is what you get for the subscription fee.</p><p><br /></p><p><a href="https://www.sixbid-coin-archive.com/#/en/single/l18622021?text=pescennius" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.sixbid-coin-archive.com/#/en/single/l18622021?text=pescennius" rel="nofollow">https://www.sixbid-coin-archive.com/#/en/single/l18622021?text=pescennius</a></p><p>Only 800 euro?[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3588104, member: 19463"]I rarely disagree with TIF as much as we do on this point. I read Frank's quotes of ridiculous realizations as 'Look at the stupid people' rather than as guides for bidding. His sales used to attract more people who knew they could not compete with the Hunt Brothers level collectors but were seeking nice coins at a fair price. Today we see more people with more money than sense bidding FDC prices for MS 3/5 3/5 coins. Yes, recent sales will tell you what someone paid (except when the reports were faulty - Do they delete sales that were never paid or returned as fake?) The value of a coin is not what was paid by fools and money launderers but what it is reasonable to expect that same coin to bring in a subsequent sale. Frank is saying that there are sales that should [U]not[/U] be considered when deciding what to bid. I don't care how rich you are, there is someone richer. Just hope that one does not decide to collect what you collect. I have known half a dozen people wealthy enough they did not have to ask the price of the coins they bought. [URL]https://www.acsearch.info/search.html?id=5650131[/URL] What does the paid version say about this lot? Why is it listed without explanation? Maybe that is what you get for the subscription fee. [URL]https://www.sixbid-coin-archive.com/#/en/single/l18622021?text=pescennius[/URL] Only 800 euro?[/QUOTE]
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Old guy, new ancient collector.....please help!
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