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<p>[QUOTE=&quot;dougsmit, post: 2838313, member: 19463&quot;]When there is one of something and two people that want it, we expect a high result.&nbsp; When both of those people happen to be extremely rich and really do not care we get this sort of thing.&nbsp; If the buyer decides to sell the coin because he lost interest in coins or his company stock tanked, the coin could resell for what it was worth as estimated by the auction house.&nbsp; It would be interesting to know what the bids were.&nbsp; We know the second was a bit under $35000 but we do not know what the high bid was and, more important to my way of seeing the matter, we don&#039;t know what the third bid was.&nbsp; If the coin is resold soon, that third bid could be the one that sets the level at which the previous second bidder (assuming he bids the same as he did last time) will have to pay.&nbsp; Years ago you often saw a line in auction rules that said &#039;Buy bids not accepted&#039;.&nbsp; This prevented someone from telling the auction house that their bid was one advance over the high bid whatever it was.&nbsp; This would cause a problem when there were two bidders using that same buy order.&nbsp; Making a rule against it was obviously a good idea. </p><p><br /></p><p>I understand this coin is one of a kind.&nbsp; I own several coins that I believe are similarly one of a kind.&nbsp; I was fantasizing which of them I would sell for $35,000 and which I would not.&nbsp; I would be a fool not to sell any of them at that level but I might regret selling a coin that defined my hobby and which I knew I could never replace even if it had cost me only $5.&nbsp; If selling it gave me such a sour feeling on the hobby that I no longer enjoyed my other coins or even my life, hat would be a really bad sale to make.&nbsp; If the only thing these coins, this hobby and your identity mean to you is their cash value, I doubt you will last long in the hobby.&nbsp; If you made a few hundred million last year, paying $35,000 for a coin that will bring you more enjoyment than a $350,000 car would (or if you already bought the car last week), maybe the purchase makes sense after all.&nbsp; We might ask if $35,000 would make your life enough better or worse to let it dictate our actions one way or the other.&nbsp; I hope the winner enjoys the coin.&nbsp; I wonder if he has removed the fake patina?[/QUOTE]</p><p><br /></p>

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