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<p>[QUOTE="National dealer, post: 10567, member: 487"]Silver art bars, do I think a book is good for starting a coin business? NO! </p><p><br /></p><p>Now as far as Bowers and Merena auctions. Why do lots not sell? All auctions, have some lots that do not sell. This is because of many reasons. Some lots have too high of a reserve. Some the owners pull early. Some because people assume that they are going to bring ridiculous prices and we give up on the lot. Some fail to sell because of market changes. Some fail to sell because of the type of coin being offered. Some fail to sell because of the grade. </p><p><br /></p><p>I could go on and on. </p><p><br /></p><p>Why this is the best auction? GDJMSP is correct. I have a stack of want lists on my desk. These customers are not asking for run of the mill coins. While on occasion some other auctions will showcase a nice rare coin, it is not often. Bowers and Merena has a long and distinguished reputation for offering the best of the best. </p><p><br /></p><p>I don't say they are the best because of how many coins they sell. They are the best because of what they sell. </p><p><br /></p><p>I attend many other auction houses throughout the year. They all have nice coins. When my firm sends a coin to auction, Bowers and Merena have always been first choice. Now as many of you know, Spectrum has bought the famous auction firm. How will this affect the firm? We all have to wait and see.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 10567, member: 487"]Silver art bars, do I think a book is good for starting a coin business? NO! Now as far as Bowers and Merena auctions. Why do lots not sell? All auctions, have some lots that do not sell. This is because of many reasons. Some lots have too high of a reserve. Some the owners pull early. Some because people assume that they are going to bring ridiculous prices and we give up on the lot. Some fail to sell because of market changes. Some fail to sell because of the type of coin being offered. Some fail to sell because of the grade. I could go on and on. Why this is the best auction? GDJMSP is correct. I have a stack of want lists on my desk. These customers are not asking for run of the mill coins. While on occasion some other auctions will showcase a nice rare coin, it is not often. Bowers and Merena has a long and distinguished reputation for offering the best of the best. I don't say they are the best because of how many coins they sell. They are the best because of what they sell. I attend many other auction houses throughout the year. They all have nice coins. When my firm sends a coin to auction, Bowers and Merena have always been first choice. Now as many of you know, Spectrum has bought the famous auction firm. How will this affect the firm? We all have to wait and see.[/QUOTE]
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