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<p>[QUOTE="dougsmit, post: 4529832, member: 19463"]As I see it, this is the question: Just how much is it proper to allow for coins with marks, scratches, etc.? Obviously it is a matter of degree but the recent market has been very high for 'perfect' and not at all strong for 'problems' - especially problems described in the sale text or on a slab. Each bidder must decide what is a deal breaker and what can be ignored. Prices for lesser coins are not 'reasonable' or 'bargains' if all they are is in keeping with proper adjustment for their problems. There are quite a few bidders, it seems, that will tolerate only the finest so a scratched coin might attract only a tenth of the interest of a similar coin with no problems. Personally I am easier on scratches than I am on even surface roughness but that is a minority opinion. I do not follow European auctions but I scanned over the results and saw what I considered a bargain Commodus Medallion</p><p><a href="https://www.biddr.com/auctions/nac/browse?a=533&l=543286" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.biddr.com/auctions/nac/browse?a=533&l=543286" rel="nofollow">https://www.biddr.com/auctions/nac/browse?a=533&l=543286</a></p><p>When a visible crack separates a bimetallic medallion, it sells for under half of a coin described as heavily tooled on both sides? </p><p><a href="https://www.biddr.com/auctions/nac/browse?a=533&l=543283" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.biddr.com/auctions/nac/browse?a=533&l=543283" rel="nofollow">https://www.biddr.com/auctions/nac/browse?a=533&l=543283</a></p><p>There is no sense in auctions.</p><p>I was attracted to surprisingly high holed coin:</p><p><a href="https://www.biddr.com/auctions/nac/browse?a=533&l=543294" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.biddr.com/auctions/nac/browse?a=533&l=543294" rel="nofollow">https://www.biddr.com/auctions/nac/browse?a=533&l=543294</a></p><p>Mine has <u>much</u> worse faults but no hole ('attempted' or filled with dirt?). Perhaps that is why it was priced at about 6% of the NAC buyer's premium (not the coin, just the BP) at a show last year. </p><p>[ATTACH=full]1121963[/ATTACH]</p><p><br /></p><p>There is a lot of interest looking at the results from auctions. I will be watching for that Commodus to appear again.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 4529832, member: 19463"]As I see it, this is the question: Just how much is it proper to allow for coins with marks, scratches, etc.? Obviously it is a matter of degree but the recent market has been very high for 'perfect' and not at all strong for 'problems' - especially problems described in the sale text or on a slab. Each bidder must decide what is a deal breaker and what can be ignored. Prices for lesser coins are not 'reasonable' or 'bargains' if all they are is in keeping with proper adjustment for their problems. There are quite a few bidders, it seems, that will tolerate only the finest so a scratched coin might attract only a tenth of the interest of a similar coin with no problems. Personally I am easier on scratches than I am on even surface roughness but that is a minority opinion. I do not follow European auctions but I scanned over the results and saw what I considered a bargain Commodus Medallion [URL]https://www.biddr.com/auctions/nac/browse?a=533&l=543286[/URL] When a visible crack separates a bimetallic medallion, it sells for under half of a coin described as heavily tooled on both sides? [URL]https://www.biddr.com/auctions/nac/browse?a=533&l=543283[/URL] There is no sense in auctions. I was attracted to surprisingly high holed coin: [URL]https://www.biddr.com/auctions/nac/browse?a=533&l=543294[/URL] Mine has [U]much[/U] worse faults but no hole ('attempted' or filled with dirt?). Perhaps that is why it was priced at about 6% of the NAC buyer's premium (not the coin, just the BP) at a show last year. [ATTACH=full]1121963[/ATTACH] There is a lot of interest looking at the results from auctions. I will be watching for that Commodus to appear again.[/QUOTE]
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