I love these type of auctions. Many good deals to be had.
I have been to a few 400+ lot coin auctions in small Midwestern areas. The Auctioneer usually want to keep them moving, so things go fast and it will probably take 3-4 hours to get through this list.
- Do your homework ahead of time, before seeing the coins.
- Mark up your auction sheet with what you think are fair values.
- you can only look at so many coins beforehand, so pick and choose wisely. Somethings are not worth seeing, i.e. proof sets, mint sets, etc.
- be prepared for a surprise. I bought a MS set of Jefferson's that popped up unannounced. No was ready for them. Got a great deal.

- figure out if the Auctioneer is a coin guy, if not he will often not realize the true value of a coin.
- With 400+ lots, it's not the time to reach. Be patient and sit through everything and many good deals will fall in your lap.
- the bidding is always more aggressive in the beginning, wait awhile and folks are out of money and the bidding lightens up
- Note those coins which are more valuable than melt. Many folks just think melt value on anything silver, so know your keys.
- Watch the proof/mint sets, when they bundle, they usually go for much less than sold individually. Sell your extras here....
- watch out for mistakes. I got a
Barber dime and
Barber quarter in a lot that was suppose to be two dimes.
- Some things will usually go for more than retail, pay attention and watch out for this.
Indian Head cents seem to be at premium at some auctions.
Most of all have fun and don't stress if you don't get something you want.