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<p>[QUOTE=&quot;gsimonel, post: 3473585, member: 82549&quot;]No. If that were the case, we would never see unsold lots.</p><p><br /></p><p>Interest in different coins waxes and wanes. The field is small enough that a few collectors chasing the same coin--or deciding to skip an auction--can have a great impact on closing price.</p><p><br /></p><p>In your case, I would assume that there is a resurgence in interest in Byzantine gold. Ten years ago, the opposite was true, and I often won Byzantine gold solidi for much less than the estimate. </p><p><br /></p><p>The fact that the coins that you bid on sold for much more than your bid just means that you have a good eye for really nice coins![/QUOTE]</p><p><br /></p>

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