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<p>[QUOTE="Restitutor, post: 7296844, member: 112621"]If you were to sell the identical coin in one of these feature type auctions vs a standard one, it will always sell for more in the feature. For one the estimates are generally higher just because, and second people want to peacock in these auctions because they give off a more exclusive/sophisticated vibe and generally get more coverage.</p><p><br /></p><p>Auction houses set estimates artificially low to give normal poor folks like myself hope that maybe just maybe they can win. So we end up bidding up a coin we have no chance of winning anyway which just helps drive up the price. Then you get sucked into the mental state of not wanting to take the Loss cause that feeling sucks so you’re hooked and you’ll bid more than you would have when the auction first came up. Ignore estimates, pay only what you would want to pay so the utility the coin gives you exceeds the utility of the cash you spent. Also, don’t fret spending 2,3,4,5,6x an estimate. Coins are only worth what people will pay for them so if it’s worth 6x the estimate to you, it’s worth it! </p><p> </p><p>Coin grades are purely marketing, both to buyers and sellers. Ignore them, use just your eyes.</p><p><br /></p><p>Good luck![/QUOTE]</p><p><br /></p>
[QUOTE="Restitutor, post: 7296844, member: 112621"]If you were to sell the identical coin in one of these feature type auctions vs a standard one, it will always sell for more in the feature. For one the estimates are generally higher just because, and second people want to peacock in these auctions because they give off a more exclusive/sophisticated vibe and generally get more coverage. Auction houses set estimates artificially low to give normal poor folks like myself hope that maybe just maybe they can win. So we end up bidding up a coin we have no chance of winning anyway which just helps drive up the price. Then you get sucked into the mental state of not wanting to take the Loss cause that feeling sucks so you’re hooked and you’ll bid more than you would have when the auction first came up. Ignore estimates, pay only what you would want to pay so the utility the coin gives you exceeds the utility of the cash you spent. Also, don’t fret spending 2,3,4,5,6x an estimate. Coins are only worth what people will pay for them so if it’s worth 6x the estimate to you, it’s worth it! Coin grades are purely marketing, both to buyers and sellers. Ignore them, use just your eyes. Good luck![/QUOTE]
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