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What is the most over estimate you ever bid?
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<p>[QUOTE="GregH, post: 8349649, member: 75936"]Well, it’s a great portrait of Vespasian. Probably the best. 7500CHF worth of greatness? Absolutely not. </p><p><br /></p><p>The hammer price difference between “excellent” and “the best” can be an order of magnitude - as is the case here. But it’s a speculative investment and there’s no certainty that its value will hold with its next appearance in an auction. It could plausibly re-sell for only 750CHF.</p><p><br /></p><p>I’d rather pay reasonable prices for coins with reasonable hope that I will at least break even when it comes time to sell.[/QUOTE]</p><p><br /></p>
[QUOTE="GregH, post: 8349649, member: 75936"]Well, it’s a great portrait of Vespasian. Probably the best. 7500CHF worth of greatness? Absolutely not. The hammer price difference between “excellent” and “the best” can be an order of magnitude - as is the case here. But it’s a speculative investment and there’s no certainty that its value will hold with its next appearance in an auction. It could plausibly re-sell for only 750CHF. I’d rather pay reasonable prices for coins with reasonable hope that I will at least break even when it comes time to sell.[/QUOTE]
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