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<p>[QUOTE=&quot;GDJMSP, post: 2319502, member: 112&quot;]As a general rule estimates given by auction houses are pretty much always low, and quite intentionally so. Now I&#039;ve never heard or read of an auction house openly admitting this, but simple observation of estimates and results pretty much proves the point. Are there ever exceptions ? Yes, of course there are. But exceptions do not disprove the rule.</p><p><br /></p><p>As for the market being small and specialized, yeah maybe so. But is not the market for any expensive coin not small and specialized ? And yet they always sell it seems, so it must not be too small or too specialized. Again, simple observation. Who are they ? Well, we often find that out the next time they are sold, but sometimes we never do.</p><p><br /></p><p>But in the end does it matter if we know who they are or not ? The only thing that really matters is that they are bought and sold, and successfully so. There are always, and always will be, buyers for coins that are truly exceptional and/or scarce - always.[/QUOTE]</p><p><br /></p>

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