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<p>[QUOTE=&quot;Ed Snible, post: 2756978, member: 82322&quot;]It should be expected that your winning percentage should be similar to the mathematical inverse of the number of bids cast on the kind of lots you buy.</p><p><br /></p><p>For example, on a single coin with 4 bids the winning percentage will be 100%, 0%, 0%, and 0% for the four bidders.&nbsp; But over time, if they have similar wealth and taste, than each would win 25% of the bids.</p><p><br /></p><p>If you buy a lot of coins with high starting bids you may be the only bidder and your rate may approach 100%.&nbsp; If you buy a lot of coins that attract many bids you will have a low success percentage even if you are completely average.</p><p><br /></p><p>If you find your success rate is lower than would be expected by the above you are more frugal than average.&nbsp; If it is higher then you are more flush than average.</p><p><br /></p><p>I would guess my own rate at 5% for coins outside my area of specialty, and 33% for coins within.[/QUOTE]</p><p><br /></p>

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