Home U.S. Coin Forum
Options

Would a mind reader have an advantage at a major coin auction?

CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

If so, what would that advantage be?

Comments

  • Options
    specialistspecialist Posts: 956 ✭✭✭✭✭

    I can state factually, insiders sort of can figure who is on what coin and have an idea how the players bid. we even know when we are being shilled. We know buying patterns, etc of many people

  • Options
    tradedollarnuttradedollarnut Posts: 20,617 ✭✭✭✭✭

    Can you mind read over the internet?

  • Options
    CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    On the OFR that would be impossible.

  • Options
    CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭
    edited June 24, 2018 9:21PM

    For the sake of the discussion though, Bruce, mind reading only works with folks in the nearby vicinity.

    --I have given this answer some more thought. Good science fiction needs to stay somewhere near reality. Your question is valid as much of the auction activity comes from around the country and the globe. For internet telepathy to work on a potential pool of 100,000 bidders is a stretch that Gene Roddenberry would not touch.

  • Options
    BLUEJAYWAYBLUEJAYWAY Posts: 11,663 ✭✭✭✭✭

    I only use a "Ouija" board or the "Mystery 8 Ball". :)

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • Options
    CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭
    edited June 24, 2018 10:00PM

    In the Pogue auctions for example, it would have been advantageous to know what the reserves were.

  • Options
    specialistspecialist Posts: 956 ✭✭✭✭✭

    actually we did know the reserves on Pogue-it was the lowest estimate.

  • Options
    CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @specialist said:
    actually we did know the reserves on Pogue-it was the lowest estimate.

    Was that true as well on the Dexter 1804?

  • Options
    AzurescensAzurescens Posts: 2,907 ✭✭✭✭✭

    @tradedollarnut said:
    Can you mind read over the internet?

    Only when people are 100% convinced that shill bidding is going on.

  • Options
    specialistspecialist Posts: 956 ✭✭✭✭✭

    The dexter dollar and the 1822 $5 Pogue made up their minds the very last second. We all had been trying to pin down a reserve and they would not tell us. In the end, those 2 coins were not for sale.

    This was 100% factual about the reserves tho

  • Options
    291fifth291fifth Posts: 25,205 ✭✭✭✭✭

    Can a mind reader read the mind of a potted plant?

    All glory is fleeting.
  • Options
    CCGGGCCGGG Posts: 1,267 ✭✭✭✭✭

    Would work great playing poker.

  • Options
    AzurescensAzurescens Posts: 2,907 ✭✭✭✭✭

    Can you guys link or extrapolate on the auctions and pieces you're speaking of? I could probably get it in pieces digging around on Google but some firsthand experience and knowledge is priceless. Thanks in advance if so.

  • Options
    rickoricko Posts: 98,724 ✭✭✭✭✭

    While mind reading - the actual ability - is not yet reality, those who study people and behavior, have a distinct advantage when dealing directly with individuals. Facial expression, speech, physical actions - all give messages to those who can 'read' them. These skills are of incredible value in negotiations...Also, a good poker player can win consistently, even with bad cards, if that person can 'read' the other players. Cheers, RickO

  • Options
    WorldCoinsDmitryWorldCoinsDmitry Posts: 382 ✭✭✭

    Interesting paradox. Ultimately the auction house or seller has the advantage. Even a mind reader likely can't account for sudden impulsive bids.

    Highly enthusiastic about world coins, contemporary circulating counterfeits and unusual stuff <3

  • Options
    specialistspecialist Posts: 956 ✭✭✭✭✭

    when u do enough auctions you know the game. Like which firm is notorious for letting the potted plant bid, or which firm allows its consignors to bid, or which firm has in house shills, etc.

    You can figure things out, the game actually is quite silly.

  • Options
    tradedollarnuttradedollarnut Posts: 20,617 ✭✭✭✭✭

    @specialist said:
    The dexter dollar and the 1822 $5 Pogue made up their minds the very last second. We all had been trying to pin down a reserve and they would not tell us. In the end, those 2 coins were not for sale.

    This was 100% factual about the reserves tho

    You’ve got your 1804s mixed up.

  • Options
    specialistspecialist Posts: 956 ✭✭✭✭✭

    old age bruce-sorry

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file