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<p>[QUOTE=&quot;rush2112, post: 1350112, member: 25570&quot;]<b>The Auction Mentality</b></p><p><br /></p><p>I have been attending auctions most my life and here a few reasons why people will pay more. </p><p><br /></p><p>First of all, a lot of old-timers with tons of cash and who have never even turned on a computor will buy things for the sake of buying it. People with no idea of what a coin is worth will go with the flow assuming that if a dealer can buy it at x-amount then if I pay a little over that I am still getting a deal. These people usually have deep pockets and are out for a day of fun. </p><p><br /></p><p>Secondly, at a bricks and mortar auction, you can see the item, inspect it and know at the end of the day it will be going home with you. I personally, will pay a premium to do this. I can also look across the room and see who I am bidding against. I can&#039;t do none of these things bidding online.</p><p><br /></p><p>It takes a lot of will power to show up at an auction with lot&#039;s of cash and not buy something, regardless of price. </p><p><br /></p><p>Bricks and morter auctions are still the best format for a seller provided the selling commision is 25% or less.[/QUOTE]</p><p><br /></p>

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