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Roma Auction - Buyer's Remorse
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<p>[QUOTE="Severus Alexander, post: 7426809, member: 84744"]I rarely feel buyer's remorse because I use the <a href="https://www.acsearch.info" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.acsearch.info" rel="nofollow">acsearch.info</a> service in a way that forces me to be strict. You can order searches by increasing hammer price, and I make sure my searches include all the coins that would count as "equivalent" for my purposes. Then:</p><p><br /></p><p>1) I might want the coin "only if it is a bargain," in which case my max bid is 10-20% less than the lowest price for an equivalent coin in the last few years. (How many years will depend a bit on how often they come up.)</p><p><br /></p><p>2) Or the coin might be a higher priority, in which case my max will be maybe 10-20% above the very lowest on record (again within the last few years) - making it still among the cheapest sold recently.</p><p><br /></p><p>3) Or the coin might be a must-have, in which case my max might reach the mid-range of past sale prices.</p><p><br /></p><p>Recently I've been bidding only if the auction includes some coins in categories (2) or (3). Category (1) coins are just ride-alongs.</p><p><br /></p><p>My only buyer's remorse is when I somehow screw up the searches and miss a bunch of cheap coins that would count as equivalent for me. But that happens very, very rarely![/QUOTE]</p><p><br /></p>
[QUOTE="Severus Alexander, post: 7426809, member: 84744"]I rarely feel buyer's remorse because I use the [URL='https://www.acsearch.info']acsearch.info[/URL] service in a way that forces me to be strict. You can order searches by increasing hammer price, and I make sure my searches include all the coins that would count as "equivalent" for my purposes. Then: 1) I might want the coin "only if it is a bargain," in which case my max bid is 10-20% less than the lowest price for an equivalent coin in the last few years. (How many years will depend a bit on how often they come up.) 2) Or the coin might be a higher priority, in which case my max will be maybe 10-20% above the very lowest on record (again within the last few years) - making it still among the cheapest sold recently. 3) Or the coin might be a must-have, in which case my max might reach the mid-range of past sale prices. Recently I've been bidding only if the auction includes some coins in categories (2) or (3). Category (1) coins are just ride-alongs. My only buyer's remorse is when I somehow screw up the searches and miss a bunch of cheap coins that would count as equivalent for me. But that happens very, very rarely![/QUOTE]
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