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<p>[QUOTE=&quot;robinjojo, post: 7903195, member: 110226&quot;]&quot;As is&quot; literally means what you see is what you get, no returns, period.&nbsp; That&#039;s why it is very important to do your homework before bidding.&nbsp; So, if a coin has a condition issue, such as tooling or smoothing, that is the way things are with these group lots.&nbsp; The same is true for the fake follis.&nbsp; I am sure Roma recognized it, as it is quite well known, but included it in the lot with some other nicer, genuine folles to off-set its presence. That&#039;s why I focused on the Justinian I folles from Antioch and the other coins in this lot.&nbsp; Bidders need to know what they are looking at and bid accordingly.&nbsp; </p><p><br /></p><p>Now, in this case there were only 6 coins, each with the obverse and reverse displayed.&nbsp; Other group lots can have 50 or 100 coins usually shown as a pile.&nbsp; Obviously the auction house is not going to photograph each coin.&nbsp; In that situation, you need to gauge the bid based on the type of coins, such as late Roman bronzes, on the price a typical coin, in average condition, brings in the open market, plus some discount percentage, since you really don&#039;t know what is within the pile.&nbsp; I&#039;ve never placed bids on lots that large - too much of risk of getting a pile of coins that are pretty bad - corroded, worn, or otherwise damaged.&nbsp; Some collectors have luck with these really large lots, but they are a gamble. </p><p><br /></p><p>I&#039;ve had pretty good success buying group lots in the past, although I don&#039;t do this on a regular basis.&nbsp; I imagine savvy dealers do.&nbsp; My greatest success, and one that has provided hours of research and pleasure has been with the Byzantine bronze group lots.&nbsp; Lots of interesting types in them, and the price, when averaged out, is lower than what the coins would cost me individually on MA Shops, Vcoins or eBay, generally speaking.[/QUOTE]</p><p><br /></p>

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