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<p>[QUOTE="MalakingAso, post: 1349818, member: 33557"]I have experienced similar bidding at local auctions. People paying $35 to $45 for common date and circulated peace and morgans. ASE's never go under $40 and sometimes hit $50. At the ones I attend it seems they bid up the common coins to what I think are ridiculous prices but this means I find one or two steals per auction. </p><p><br /></p><p>For example, I was able to get a philharmonic silver round for melt because no one knew what it was. At another auction I grabbed a barber half for melt and two half dimes. Not great deals but not bad in my book. I now go to see what I can get that no one else knows. Unfortunately the auctioneer knows the value and usually starts the bidding right at melt. Next time something comes up that others don't know I may offer at just under melt and see what they do.[/QUOTE]</p><p><br /></p>
[QUOTE="MalakingAso, post: 1349818, member: 33557"]I have experienced similar bidding at local auctions. People paying $35 to $45 for common date and circulated peace and morgans. ASE's never go under $40 and sometimes hit $50. At the ones I attend it seems they bid up the common coins to what I think are ridiculous prices but this means I find one or two steals per auction. For example, I was able to get a philharmonic silver round for melt because no one knew what it was. At another auction I grabbed a barber half for melt and two half dimes. Not great deals but not bad in my book. I now go to see what I can get that no one else knows. Unfortunately the auctioneer knows the value and usually starts the bidding right at melt. Next time something comes up that others don't know I may offer at just under melt and see what they do.[/QUOTE]
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