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<p>[QUOTE=&quot;Volodya, post: 2869745, member: 19615&quot;]On the one hand, I pay &quot;premiums&quot; all the time without regrets; often enough I pay a record price for a particular type. I pretty much have to bid that way to win the coins I consider suitable for my collection. On the other hand, although I have some idea of the maximum I&#039;m willing to spend overall, I hardly ever set myself a firm limit on a particular lot before an auction. There are too many variables to make that a sound strategy for me: the mood of the room, who is or isn&#039;t in attendance, how much or how little I&#039;ve spent on previous lots, how many lots of interest are still to come, sometimes even what&#039;s coming up in a future sale. I bid until it&#039;s time to stop.</p><p><br /></p><p>Except when I don&#039;t.</p><p><br /></p><p>This denarius of Ti. Veturius, Crawford 234/1, is a prime example of stopping/not stopping. I absolutely positively was done... until I raised my hand again anyway:</p><p><br /></p><p><img src="https://www.cointalk.com/attachments/tiveturius-jpg.478449/" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I won it at a hammer price of $3400 + commission, which, fwiw, feels like a bargain now. If anyone&#039;s interested, I recounted this episode in a bit more detail here: <a href="https://www.cointalk.com/threads/the-confederacy.274831/page-2#post-2350044" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/the-confederacy.274831/page-2#post-2350044">https://www.cointalk.com/threads/the-confederacy.274831/page-2#post-2350044</a></p><p><br /></p><p>Phil Davis[/QUOTE]</p><p><br /></p>

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