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What did I miss? Gold Coin Lot at Auction
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<p>[QUOTE="YOC, post: 1827426, member: 58941"]I can understand the hammer prices being high due to the occasional bidding war. What I cannot understand is the starting bid, or estimate being higher than the coins worth, as has been seen here recently on a thread. Dealers stay away, theres no money to be made, and there should be on lots of 100 plus almost identical coins. CNG have large lots available in early Jan.......some of the starting bids required are way too high in my opinion and can only be aimed at the collector, not the dealer.[/QUOTE]</p><p><br /></p>
[QUOTE="YOC, post: 1827426, member: 58941"]I can understand the hammer prices being high due to the occasional bidding war. What I cannot understand is the starting bid, or estimate being higher than the coins worth, as has been seen here recently on a thread. Dealers stay away, theres no money to be made, and there should be on lots of 100 plus almost identical coins. CNG have large lots available in early Jan.......some of the starting bids required are way too high in my opinion and can only be aimed at the collector, not the dealer.[/QUOTE]
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What did I miss? Gold Coin Lot at Auction
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