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The end of an era: Frank Robinson now using an auction platform
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<p>[QUOTE="dougsmit, post: 3132580, member: 19463"]This is where Frank's auctions are different than others. Frank's prices realized not only tell you what the coin sold for but what the high bid was. In this case, you called and were told that the coin was over your bid because to win it you had to bid over the then high not the current level. When you look at a CNG auction that stands at $100, you have no way of knowing if that bid belongs to someone who bid exactly $100 or perhaps $10,000. Some of you will place a half dozen bids incrementing up the price but never exceeding the secret high. Frank would make more if he encouraged you to bid blindly up to your level but instead he told you to go away unless you planned to go really big. He also would lose the business of people like me. My opinion is that the coin was not worth the high bid but was worth the sale price. I'll bet that is the case with a lot of the lots sold by CNG to 'liberal' bidders like Cleo. All this is a bit of a game. Sometimes we pay too much; sometimes we get a deal; sometimes we ask ourselves why we did it the way we did it. I am anxiously awaiting one of the coins I won in this sale. I bid based on my total lack of respect for Frank's photography thinking that images that look that way in the past have yielded pretty coins. If I was wrong, it may well go in "Santa's Pack" and be given to some good little boy or girl come Christmas. I hope we all will be thrilled with what we bought in FSR105. I hope we will all fess up and post here both our winners and errors. </p><p><br /></p><p>If you asked, he would have told you the weight. I only recall it was less than mine and I lost interest when I learned that I would not take over the CT 'fat Ptolemy' lead (I believe I'm third now). It looked like a pretty coin but a fatty fine beats a dieting VF when it comes to obese octobols. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie76" alt=":playful:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3132580, member: 19463"]This is where Frank's auctions are different than others. Frank's prices realized not only tell you what the coin sold for but what the high bid was. In this case, you called and were told that the coin was over your bid because to win it you had to bid over the then high not the current level. When you look at a CNG auction that stands at $100, you have no way of knowing if that bid belongs to someone who bid exactly $100 or perhaps $10,000. Some of you will place a half dozen bids incrementing up the price but never exceeding the secret high. Frank would make more if he encouraged you to bid blindly up to your level but instead he told you to go away unless you planned to go really big. He also would lose the business of people like me. My opinion is that the coin was not worth the high bid but was worth the sale price. I'll bet that is the case with a lot of the lots sold by CNG to 'liberal' bidders like Cleo. All this is a bit of a game. Sometimes we pay too much; sometimes we get a deal; sometimes we ask ourselves why we did it the way we did it. I am anxiously awaiting one of the coins I won in this sale. I bid based on my total lack of respect for Frank's photography thinking that images that look that way in the past have yielded pretty coins. If I was wrong, it may well go in "Santa's Pack" and be given to some good little boy or girl come Christmas. I hope we all will be thrilled with what we bought in FSR105. I hope we will all fess up and post here both our winners and errors. If you asked, he would have told you the weight. I only recall it was less than mine and I lost interest when I learned that I would not take over the CT 'fat Ptolemy' lead (I believe I'm third now). It looked like a pretty coin but a fatty fine beats a dieting VF when it comes to obese octobols. :playful:[/QUOTE]
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