Message:

<p>[QUOTE=&quot;AncientJoe, post: 4986809, member: 44357&quot;]Correct, you only pay them if you&#039;re successful. And sure, if they&#039;re an untrustworthy dealer, they&#039;d encourage you to pay more or recommend coins they&#039;d run up. But, good dealers will talk you <i><b>off </b></i>of buying coins more often than recommending you bid higher.</p><p><br /></p><p>More than half of the coins I&#039;d like to bid on, the dealers I&#039;ve used recommend against buying for one reason or another. And I&#039;m probably only successful on one fourth of the remaining half.</p><p><br /></p><p>For this Zodiac coin, I first suggested the bid of $15K, and in the reply I posted, my dealer confirmed that it would make sense. I came to that number from looking at comparable coins through CoinArchives and, because the coin checked out in-hand (wasn&#039;t tooled, etc.) that value made sense to me. It cost me less than that as there wasn&#039;t an underbidder at that level (perhaps because they were bidding instead on the Pius Zodiac later in the sale which sold for $11K) but that&#039;s what it&#039;s worth to me.</p><p><br /></p><p>There are times when my dealer tells me I&#039;m too strong on a coin and it&#039;s not worth as much so I&#039;ll reduce my bid, or cases where I should be more aggressive. If you&#039;re working with someone trustworthy, they&#039;re going to give you good advice with rationale and data to back it up.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in