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<p>[QUOTE=&quot;IdesOfMarch01, post: 4986775, member: 39084&quot;]This seems like an excellent opportunity to clear up some misconceptions about why a collector like me would use a dealer as an advisor.</p><p><br /></p><p>Fundamentally, I pay a dealer/advisor to provide expertise that I don&#039;t, or may not, possess.</p><p><br /></p><p>This includes, but isn&#039;t limited to, opinions about tooling or re-engraving, additions such as filling and epoxy, repatination, scratches, authenticity, provenance, pricing, market conditions, potential bidders, the auction house, etc.</p><p><br /></p><p>I&#039;m not sure what you mean by &quot;hidden&quot; but regardless, the above paragraph should be sufficient to answer that question.</p><p><br /></p><p>When you write &quot;If you think he&#039;s good because gasvoda said so, then have a look of the recent hammers of gasvoda coins vs what he paid.&quot; you imply that you personally approach ancient coin collecting from an investment viewpoint.&nbsp; I don&#039;t.&nbsp; Whatever advice my dealer gives me about my maximum bid, I understand that it is based on current market conditions and those may change dramatically in the future.&nbsp; Whether or not I might sell the coin in the future for a profit or loss does not enter into my consideration for bidding on the coin, period.&nbsp; Of course, you&#039;re entitled to collect ancient coins based on their investment value and future appreciation, but this is not my personal reason for collecting.</p><p><br /></p><p>You also write &quot;It&#039;s clear for me that the recent prices are dictated by a few such advisors.&quot;&nbsp; This is simply an assertion that may or may not be supportable by factual data and statistical analysis, but my own observation does not support this assertion.&nbsp; </p><p><br /></p><p>The final misconception I would like to clear up is your assertion that advisors &quot;tell&quot; their clients what to bid.&nbsp; This is simply not true.&nbsp; The role of an advisor in a collector&#039;s bidding limit is to provide advice based on current market conditions and other information (e.g., knowledge of other potential bidders) that aid the buyer in determining his/her maximum bid.&nbsp; No serious collector would ever accept being &quot;told&quot; what to bid.[/QUOTE]</p><p><br /></p>

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