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<p>[QUOTE=&quot;GDJMSP, post: 335651, member: 112&quot;]Eduard - you need to realize that &quot;estimates&quot; given by an auction house are almost always low. They do it intentionally to try and get people to bid. If they provide an accurate estimate many people will think the coin is out of their range or overpriced and thus will not bid at all. But if they estimate low, people will make that intial bid. And once they do that they are more inclined to keep bidding. In reality - it&#039;s standard marketing technique.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Yup, that&#039;s why you will see me say here on the forum, probably 5 to 10 times a week, that price guides are worthless. The only thing you should even look at are realized auction prices.</p><p><br /></p><p><br /></p><p><br /></p><p>That is a fact. It&#039;s largely because internet bidders have no hope of keeping up with live action. In live auctions many lots will be completed in less than a minute, two at the most. So the folks actually there always have an advantage, they can increase their bid by the minimum in seconds whereas it takes you minutes. All you can do is bid your max and hope for the best. Don&#039;t ever chase items.[/QUOTE]</p><p><br /></p>

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