Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Request to look at # 111 Savoca auction today
>
Reply to Thread
Message:
<p>[QUOTE="dougsmit, post: 8128197, member: 19463"]In another thread here in the past week I suggested watching Aaron Berk's videos. One did quite a bit with examples of what he considered to be premium Alexander type coins based on style (all his coins were mint state) and what he considered to be the difference between a $1000 coin and a $100000 coin. With that as a background, I ask what it is about the style of this coin that makes is better than the other thousand Alexander type coins on the market every day. Being Lysimachos is certainly a plus. I like the face of Zeus on it. What did you like that caused you to bid higher than everyone else? Auctions, by the nature of the beast, are won by someone willing and able to pay more than other people thought to be appropriate. When I win a coin at auction, I have trouble with the thought that I must have valued the coin more highly than others and overpayed. Those who overpay buy coins. When buying from a dealer, it is possible that the one dealer was wrong about the market or that I got there at a good time before other people did. At auction, we know that the coin was seen by many people and many of them have employed agents to advise them on how that coin might be good or bad at what level. In this case, I can see how someone wanting that type (you) might pay the price realized and fees but I don't see it attracting people (me) not specifically looking for one like it. My coin is quite different and not as nice as yours. It was $71 all in in 1999 from CNG. I'd say you did just fine for 2021. [ATTACH=full]1415678[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 8128197, member: 19463"]In another thread here in the past week I suggested watching Aaron Berk's videos. One did quite a bit with examples of what he considered to be premium Alexander type coins based on style (all his coins were mint state) and what he considered to be the difference between a $1000 coin and a $100000 coin. With that as a background, I ask what it is about the style of this coin that makes is better than the other thousand Alexander type coins on the market every day. Being Lysimachos is certainly a plus. I like the face of Zeus on it. What did you like that caused you to bid higher than everyone else? Auctions, by the nature of the beast, are won by someone willing and able to pay more than other people thought to be appropriate. When I win a coin at auction, I have trouble with the thought that I must have valued the coin more highly than others and overpayed. Those who overpay buy coins. When buying from a dealer, it is possible that the one dealer was wrong about the market or that I got there at a good time before other people did. At auction, we know that the coin was seen by many people and many of them have employed agents to advise them on how that coin might be good or bad at what level. In this case, I can see how someone wanting that type (you) might pay the price realized and fees but I don't see it attracting people (me) not specifically looking for one like it. My coin is quite different and not as nice as yours. It was $71 all in in 1999 from CNG. I'd say you did just fine for 2021. [ATTACH=full]1415678[/ATTACH][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Request to look at # 111 Savoca auction today
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...