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<p>[QUOTE="dougsmit, post: 2569513, member: 19463"]That is the hobby as we know it. I know it is hard not to get attached to coins not yet won but we have to realize that there may be a dozen other people out there with their mouths set on those same coins. Some of them will be willing to pay more so I really suggest not loving coins too soon unless you plan on outbidding Clio and the rest of humanity with tastes like yours. I currently have bids outstanding on a dozen coins but they will not be mine for several weeks (if ever) and it will take but a second for someone to decide they want it worse than I do. Should I bid ten times what one coin is worth to me just to be sure I win something? Should I sell the house and pay too much for every one of them just to be sure I get them? Get serious.</p><p><br /></p><p>I have had the opposite situation. A year ago, I paid what I considered a fair price for a coin I wanted. Today there is an substantially equal example of the same basic type in a sale yet to close that stands at about 70% of what I paid and I have seen several others sell for less than I paid. Has there been a hoard? Was I confused as to the proper price to pay when I bought that first one? Should I buy the second on the theory that it is a bargain and a little better? Should I try to sell the first one to you for what I paid so I can buy the second one for less? Bid too little today, you don't get a coin. Bid too much and you risk seeing one tomorrow you like better. Stop worrying about the one that got away and hope that the coin you wanted ended up in a home where it will be loved even if the winner discovers you bought one like it that hits the market next week at a discount price. There is no guarantee of sense in the ancient coin market. Last week one of our number posted a coin that she got much too cheaply from a major seller. Funny how this works![/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2569513, member: 19463"]That is the hobby as we know it. I know it is hard not to get attached to coins not yet won but we have to realize that there may be a dozen other people out there with their mouths set on those same coins. Some of them will be willing to pay more so I really suggest not loving coins too soon unless you plan on outbidding Clio and the rest of humanity with tastes like yours. I currently have bids outstanding on a dozen coins but they will not be mine for several weeks (if ever) and it will take but a second for someone to decide they want it worse than I do. Should I bid ten times what one coin is worth to me just to be sure I win something? Should I sell the house and pay too much for every one of them just to be sure I get them? Get serious. I have had the opposite situation. A year ago, I paid what I considered a fair price for a coin I wanted. Today there is an substantially equal example of the same basic type in a sale yet to close that stands at about 70% of what I paid and I have seen several others sell for less than I paid. Has there been a hoard? Was I confused as to the proper price to pay when I bought that first one? Should I buy the second on the theory that it is a bargain and a little better? Should I try to sell the first one to you for what I paid so I can buy the second one for less? Bid too little today, you don't get a coin. Bid too much and you risk seeing one tomorrow you like better. Stop worrying about the one that got away and hope that the coin you wanted ended up in a home where it will be loved even if the winner discovers you bought one like it that hits the market next week at a discount price. There is no guarantee of sense in the ancient coin market. Last week one of our number posted a coin that she got much too cheaply from a major seller. Funny how this works![/QUOTE]
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