Message:

<p>[QUOTE=&quot;Ken Dorney, post: 2756148, member: 76086&quot;]This entirely depends on the pricing strategy and structure of the auction house.&nbsp; Sure, there are many where the opening bid is above what I would call retail.&nbsp; But when I price my auctions I tend to use CNG as a guideline if at all possible.&nbsp; Whatever the average hammer is for that coin that will be the estimate.&nbsp; Then bidding starts at 60% of that estimate.&nbsp; So, if I get just one bid someone gets a great deal and I likely lost money.&nbsp; It just depends on the seller.</p><p><br /></p><p><br /></p><p><br /></p><p>I wouldn&#039;t say that is entirely accurate, though there certainly are many over-priced coins out there.&nbsp; One thing many dont realize is that the new crop of dealers the last decade are just retirees selling their collections.&nbsp; As such they may have unrealistic ideas and expectations.</p><p><br /></p><p><br /></p><p><br /></p><p>I think this has been answered pretty well, but keep in mind that many dealers will self-insure their shipments, especially for lower value orders.&nbsp; If that is the case the dealer would need the coin back.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in