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<p>[QUOTE="ddddd, post: 26147805, member: 22377"]That is what I figured as well.</p><p><br /></p><p>As far as my answer, I think it depends on the coin, the venue, and your risk tolerance. Start with risk tolerance-if one is afraid to lose big, then don't start at a $1; begin the auction at the lowest you are willing to take. Then we look at the venue-eBay, GC, Heritage, Stacks all tend to get plenty of eyeballs and would be the type of place to do a $1 start. However, you should still do some research and see which venue is more likely to give you the best result (accounting for fees as well). Finally, the coin matters a lot. Something that has great eye appeal and is in a series that has a big collector base will do well at a $1 start. However, if you have something that is more obscure or not very appealing, then starting at a $1 can lead to poor results.[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 26147805, member: 22377"]That is what I figured as well. As far as my answer, I think it depends on the coin, the venue, and your risk tolerance. Start with risk tolerance-if one is afraid to lose big, then don't start at a $1; begin the auction at the lowest you are willing to take. Then we look at the venue-eBay, GC, Heritage, Stacks all tend to get plenty of eyeballs and would be the type of place to do a $1 start. However, you should still do some research and see which venue is more likely to give you the best result (accounting for fees as well). Finally, the coin matters a lot. Something that has great eye appeal and is in a series that has a big collector base will do well at a $1 start. However, if you have something that is more obscure or not very appealing, then starting at a $1 can lead to poor results.[/QUOTE]
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