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<p>[QUOTE="pprp, post: 4986393, member: 94602"]I couple of my thoughts based on your advisors response</p><p><br /></p><p>1. "I<i> think $15k would be a strong, sensible bid on the Amastris and hopefully will be buyable for less". </i>This is in line with what I am saying some time now, that auctions have turned into a casino. Your advisor may be an honest person. But if he was a crook he would have asked the auctioneer for a small percentage and then turn 2 of his clients against each other. So you bid 15k and someone else upon his advice 20k. Or even just 14k to still keep you happy you won the coin. I strongly believe that this scenario is not fictional.</p><p><br /></p><p>2. "<i>Th</i>e<i> fact that there is no pedigree is also a cause for concern for a number of collectors from a cultural property standpoint." </i>I am aware of an advisor who is preaching against buying coins from new digs but still was unfortunate to get revealed of buying from them. So it's partly true that you might get rid of some competition but it doesn't always work in your favor. And don't believe the big words some are saying.[/QUOTE]</p><p><br /></p>
[QUOTE="pprp, post: 4986393, member: 94602"]I couple of my thoughts based on your advisors response 1. "I[I] think $15k would be a strong, sensible bid on the Amastris and hopefully will be buyable for less". [/I]This is in line with what I am saying some time now, that auctions have turned into a casino. Your advisor may be an honest person. But if he was a crook he would have asked the auctioneer for a small percentage and then turn 2 of his clients against each other. So you bid 15k and someone else upon his advice 20k. Or even just 14k to still keep you happy you won the coin. I strongly believe that this scenario is not fictional. 2. "[I]Th[/I]e[I] fact that there is no pedigree is also a cause for concern for a number of collectors from a cultural property standpoint." [/I]I am aware of an advisor who is preaching against buying coins from new digs but still was unfortunate to get revealed of buying from them. So it's partly true that you might get rid of some competition but it doesn't always work in your favor. And don't believe the big words some are saying.[/QUOTE]
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