Should I Have Bid Higher? - Coin Community Forum

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Author	Replies: 6 / Views: 1,176
DVCollector Bedrock of the Community United States 10045 Posts	Posted 04/02/2012 4:21 pm Here's a coin I bid on today, thinking I might get it cheaply. Sadly, I didn't win it--I was a little unsure how much to take off for that big scratch. The coin sold for $65--would you have bid higher? Caligula Æ as. VESTA S-C. 13,45 gm., 26 mm. Edited by DVCollector 04/02/2012 4:22 pm Report this Post to the Staff

dougsmit Pillar of the Community United States 1549 Posts	Posted 04/02/2012 4:43 pm No. I consider the gash a problem and the overall surfaces are not greatly appealing. Prices are driven up by collectors who can not wait. You have to decide if you want this now or another coin later. Report this Post to the Staff
DVCollector Bedrock of the Community United States 10045 Posts	Posted 04/02/2012 5:13 pm Thanks for the input Doug! I put my limit at €40 ($53), which I felt is on the high side. Report this Post to the Staff
echizento Moderator United States 23731 Posts	Posted 04/02/2012 5:39 pm I agree $65 would be on the high side in this condition. Report this Post to the Staff
t360 Pillar of the Community United States 2703 Posts	Posted 04/02/2012 6:14 pm The gash is likely a "discovery mark" (made by the metal tool used to dig it up). OK to wait for a nicer one. Report this Post to the Staff
DVCollector Bedrock of the Community United States 10045 Posts	Posted 04/02/2012 7:06 pm Yes, I wondered that too--I've seen that arched cut on dug items. Report this Post to the Staff
Bing Pillar of the Community United States 4253 Posts	Posted 04/02/2012 8:59 pm You did well by not bidding any higher on this coin IMHO. You have to set a budget price and stick to it (unless you're rich). Good on ya for sticking to your conviction on this one. Report this Post to the Staff
	Replies: 6 / Views: 1,176

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