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<p>[QUOTE="bahabully, post: 1519308, member: 17555"]I was after that 01-o. It is MS63 and was sitting at 115 nearly to the end of the auction, where I considered bumping it 10 clams or so to add it to my blue toned O collecton.</p><p>Morgandude and one other bidder pushed well past that mark. That is one thing that worries me with going after these toners.... you may often find yourself bidding the coin well past what the majority of the bidders will pay while bidding against only one other person. Remove that person from the mix, and the coin could have been yours for roughly half what it ended at... which worries me on the sell side, when it comes that time... and sooner or later, that time "Always" comes. I went wild on a proof half he had up for sale a few months ago,, coin was sitting at 150 with 2 seconds left and I put in a "give it to" bid of 300 figuring no one was that crazy... someone was. The next highest bidder in that action (other than me) bid 145, and the winner paid 310 for this coin. Assuming I'm not around when it comes time to sell that coin, I think his or her odds of selling it for 200 will be challanging, my guess is that they will see a huge loss on the coin when it comes time to sell. Be careful boys and girls.[/QUOTE]</p><p><br /></p>
[QUOTE="bahabully, post: 1519308, member: 17555"]I was after that 01-o. It is MS63 and was sitting at 115 nearly to the end of the auction, where I considered bumping it 10 clams or so to add it to my blue toned O collecton. Morgandude and one other bidder pushed well past that mark. That is one thing that worries me with going after these toners.... you may often find yourself bidding the coin well past what the majority of the bidders will pay while bidding against only one other person. Remove that person from the mix, and the coin could have been yours for roughly half what it ended at... which worries me on the sell side, when it comes that time... and sooner or later, that time "Always" comes. I went wild on a proof half he had up for sale a few months ago,, coin was sitting at 150 with 2 seconds left and I put in a "give it to" bid of 300 figuring no one was that crazy... someone was. The next highest bidder in that action (other than me) bid 145, and the winner paid 310 for this coin. Assuming I'm not around when it comes time to sell that coin, I think his or her odds of selling it for 200 will be challanging, my guess is that they will see a huge loss on the coin when it comes time to sell. Be careful boys and girls.[/QUOTE]
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