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Re: Are high prices going to kill the hobby?
I collect German coins and I just received the 2021 version of the Jaeger catalog in the mail yesterday. This one is significant because it's exactly to years newer than the 2011 catalog I first got … (View Post)5 -
Re: What a difference 14 years makes
It actually edged out the S&P500 over that period of time. That's a rare occurence in the coin market. (View Post)2 -
Re: Auction theory
Also, as many have mentioned time and time again: In the English auction format, the underbidder sets the price and the winner pays it. I would argue that the high bidder always has company at the to… (View Post)1 -
Re: Auction theory
It's a fun idea. I think that's about as far as you can take the idea. Does the data actually show that auctions consistently bring higher prices than other sales methods? My guess is that they do on… (View Post)1 -
Re: Bruce Amspacher's prescient report on the 1996 ANA
I originally missed the detail that it was written in 86. I feel better about being confused while the entire thing read like a joke. (View Post)1