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<p>[QUOTE="panzerman, post: 2664328, member: 77704"]My coins all came via auctions, probably gotten coins from 40 different auctions. to come out OK you have to follow these rules....</p><p><br /></p><p>1. Set a max. price you wish to pay for lot you are eyeing/ never go into a stupid bidding war!</p><p>2. Always try for high quality coins....these will appreciate more/ nicer to look at....</p><p><br /></p><p>3. If you are bidding on a German site like Kunker/ German States coins will go very high/ try to secure instead European/Overseas coins.</p><p><br /></p><p>4. When dealing with US auctions aka slabbed material/ remember that a slabbed MS-65/ might be graded as almost UNC. in Europe and sell for way less. I noted a MS-66 France/ AV 20 Frances Napoleon I/1812-A sold for 6600US/ same coin would have graded almost UNC in Germany and sold for half. At Heritage a MS-67 Souverain d'or 1796-M sold for 15K/ I got a "stempelglanz" example from Kunker for 2600 Euros/ Kunker stempelglanz=MS-67/68.</p><p>5. Some auction sites attract a lot of bidders with suit cases of $/ CNG Triton are the perfect example. Most coins go triple or more estimates. In Larry Adams sale/ some went 20X.</p><p>6. I check auction "unsold" lots, sometimes you can get lucky and score a killer deal. I recently got an FDC Souverain d'or 1800/1796 overstrike from Austrian Netherlands at starting price of 1100Euros from Slovakian auction....coin was MS-67![/QUOTE]</p><p><br /></p>
[QUOTE="panzerman, post: 2664328, member: 77704"]My coins all came via auctions, probably gotten coins from 40 different auctions. to come out OK you have to follow these rules.... 1. Set a max. price you wish to pay for lot you are eyeing/ never go into a stupid bidding war! 2. Always try for high quality coins....these will appreciate more/ nicer to look at.... 3. If you are bidding on a German site like Kunker/ German States coins will go very high/ try to secure instead European/Overseas coins. 4. When dealing with US auctions aka slabbed material/ remember that a slabbed MS-65/ might be graded as almost UNC. in Europe and sell for way less. I noted a MS-66 France/ AV 20 Frances Napoleon I/1812-A sold for 6600US/ same coin would have graded almost UNC in Germany and sold for half. At Heritage a MS-67 Souverain d'or 1796-M sold for 15K/ I got a "stempelglanz" example from Kunker for 2600 Euros/ Kunker stempelglanz=MS-67/68. 5. Some auction sites attract a lot of bidders with suit cases of $/ CNG Triton are the perfect example. Most coins go triple or more estimates. In Larry Adams sale/ some went 20X. 6. I check auction "unsold" lots, sometimes you can get lucky and score a killer deal. I recently got an FDC Souverain d'or 1800/1796 overstrike from Austrian Netherlands at starting price of 1100Euros from Slovakian auction....coin was MS-67![/QUOTE]
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Why is it SOOOOO hard to save up for coins?!?!?
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