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When you lose an auction lot by one notch … grrrr.
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<p>[QUOTE="johnmilton, post: 25666026, member: 101855"]I base my bids on recent prior sale results, percentages over Grey Sheet numbers and the PCGS Coin Facts numbers. The Coin Facts numbers tend to be on the high side. Going back 12 or 13 years ago, I used to win as often or more as you using them. In retrospect, I often overpaid. </p><p><br /></p><p>Now it seems that those Coin Facts numbers aren’t high enough to win, at least in Heritage auctions. For me, it always seems to boil down to one other bidder. I come in second very consistently, and it’s getting tiresome. One would think that I would win now and then, but I don’t. The last time I did win an auction it was at Stacks’-Bowers, and it was a medal, not a coin. I actually ended up getting that item for one bid less than I had offered. </p><p><br /></p><p>The buyer’s fee is a source of frustration. Some bidders seem to ignore it. They treat it like it isn’t even there. It’s amazing that some people can just ignore another 20% tacked on to the price.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 25666026, member: 101855"]I base my bids on recent prior sale results, percentages over Grey Sheet numbers and the PCGS Coin Facts numbers. The Coin Facts numbers tend to be on the high side. Going back 12 or 13 years ago, I used to win as often or more as you using them. In retrospect, I often overpaid. Now it seems that those Coin Facts numbers aren’t high enough to win, at least in Heritage auctions. For me, it always seems to boil down to one other bidder. I come in second very consistently, and it’s getting tiresome. One would think that I would win now and then, but I don’t. The last time I did win an auction it was at Stacks’-Bowers, and it was a medal, not a coin. I actually ended up getting that item for one bid less than I had offered. The buyer’s fee is a source of frustration. Some bidders seem to ignore it. They treat it like it isn’t even there. It’s amazing that some people can just ignore another 20% tacked on to the price.[/QUOTE]
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When you lose an auction lot by one notch … grrrr.
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