Auction houses should sponsor your channel. Your content is brilliant and you deserve to be in the forefront of the numismatic market. Seriously. No one else makes ancient coin collecting as accessible to people as you do. Keep being amazing
In my experience, I've listed my maximum bid. Then at the auction, if I win, the price suddenly ends up at my maximum. It doesn't make me feel good about buying at auction. Has anyone else had that experience?
I can personally relate to most of the contents of this tutorial, thanks & hats off for the efforts! I try to avoid auctions & prefer outright purchase after some research, but feel the lots introduced in auctions are better compared to the ones offered for outright purchase. Anyway, I am bidding few ancient coins in an auction tomorrow.
Interesting vid Leo. for some one like me who hasn't used any auction houses before. Personally I've been a Vcoins guy for a long time. I do like to look up what some of the coins went for at auction when I find the one I want next, just to get a idea of price and see other examples of the coin. As always thx for all your work.
Definitely stick to your budget, one of my first auctions I set a budget of 100, and after buying a few extra cheap coins (10-15$) i had to foot a 300 $ bill.
Auctions are a ton of fun. But with shipping and premiums, you need to be willing to spend a few hundred dollars per auction minimum. Never pay retail! Great insight Leo. Great video.
I personally don't really like bidding. If I see a coin I really really want, I do my research to see what prices they typically go for, see the BP, and where the auction house is at. I've also gotten a few coins that I have dealers represent me, I tell them the coin I want and how much I'm willing to pay. They typically do like a 5% charge on top of the hammer price, but they bid for you, and can deal with stuff like shipping and customs which can be a huge hassle if the auction house is outside the country.
Hola Leo, might you have any thoughts or feedback on Casa de Subastas de Madrid? I placed two bids (via Numisbids) on their last auction over a week ago and was fortunate to win two fairly nice sestertii...
I've bought from them once. Their online presence is a bit archaic, but the quality of the coins they offer is adequate, and I havent seen any fakes yet.
I'm watching 4 coins at an auction. Did my market research including AC Search and now the current bid is past my max and there is still a week to go. Now it is, how bad do I want any of those coins? Are prices too high? Are my valuations too low? I think it will end up being a pass and keep my eyes open for those coin types in the future. Discipline and patience.
Love bronze coins but omg the maintenance is crazy, tarnish, dates n variety, not as bad with silver but damn I would get gold if I could love 22k but 24k no tarnish ing
Great guide for new collectors and a nice reminder for seasoned ones as well, on the psychological aspects of bidding (and especially, over-committing when bidding). As a suggestion, perhaps it would be a good idea to have the title of the coins that are being shown while the voice-over is on.
This would distract people from the topic being discussed, dont you think? :) Dont worry, all of these coins will be discussed, in their own contextualized videos, at some point
Each one has its own specialties, this greatly depends on what you collect. At least you know if they are in the auction platforms, they must be Ok to do business with.
I had to laugh at the psychological aspects. As I know it. I guess everyone has to experience collecting fever at first. As I see it, even coins purchased for less than 50 euros can make a nice collection.
Some of my favorite buys have been sub 50. My wife always jokes when she sees more expensive pieces and how gorgeous they are compared to the majority of our collection but nearly faints when she sees the final prices. Treat yourself every now and then though and spend the whole budget on a single coin that you really connect with. Leo talks about his first Athenian Tetradrachm in one of his videos. I related alot.
Would you like to support the channel and my work?
Help the Channel by "Buying me a Coffee": www.buymeacoffee.com/classicalnumismatics
Auction houses should sponsor your channel. Your content is brilliant and you deserve to be in the forefront of the numismatic market.
Seriously. No one else makes ancient coin collecting as accessible to people as you do. Keep being amazing
then why don’t you do it if that’s how you feel instead of telling other people to do it?
Best ancients youtuber out there
Thank you very much for the support!
In my experience, I've listed my maximum bid. Then at the auction, if I win, the price suddenly ends up at my maximum. It doesn't make me feel good about buying at auction. Has anyone else had that experience?
This is half the battle when collecting ancients, extremely important. Thanks for helping out those who are new to the hobby!
great video, as usual. I observed some risks you mentioned on myself too.
This video is spot on! Thanks for making it!
I can personally relate to most of the contents of this tutorial, thanks & hats off for the efforts!
I try to avoid auctions & prefer outright purchase after some research, but feel the lots introduced in auctions are better compared to the ones offered for outright purchase.
Anyway, I am bidding few ancient coins in an auction tomorrow.
Interesting vid Leo. for some one like me who hasn't used any auction houses before. Personally I've been a Vcoins guy for a long time. I do like to look up what some of the coins went for at auction when I find the one I want next, just to get a idea of price and see other examples of the coin. As always thx for all your work.
Thanks for the kind words. Give Auctions a try, lots of nice coins to be had there!
Definitely some great advice.
Thx Leo.
Very interesting 😊
I needed this video so badly, just getting started with CNG! Thank you Leo!
cng is one of my favorites, they are very quick to respond and usually no errors happen. Just don't get carried away lol.
Definitely stick to your budget, one of my first auctions I set a budget of 100, and after buying a few extra cheap coins (10-15$) i had to foot a 300 $ bill.
i like the thumb nail were postumus hosts the auction 👍
Auctions are a ton of fun. But with shipping and premiums, you need to be willing to spend a few hundred dollars per auction minimum. Never pay retail! Great insight Leo. Great video.
Thats true! Auctions are not a good deal if you want to buy individual low-value coins.
I personally don't really like bidding. If I see a coin I really really want, I do my research to see what prices they typically go for, see the BP, and where the auction house is at. I've also gotten a few coins that I have dealers represent me, I tell them the coin I want and how much I'm willing to pay. They typically do like a 5% charge on top of the hammer price, but they bid for you, and can deal with stuff like shipping and customs which can be a huge hassle if the auction house is outside the country.
I admit Im also not a huge fan of auctions. Very anxiety-inducing
ive always wondered if they allow commoners to bid, or just dealers/members
The budgeting section of your video makes me feel attacked, Leo. 😂
Tough love is still love 😂
Hola Leo, might you have any thoughts or feedback on Casa de Subastas de Madrid? I placed two bids (via Numisbids) on their last auction over a week ago and was fortunate to win two fairly nice sestertii...
I've bought from them once. Their online presence is a bit archaic, but the quality of the coins they offer is adequate, and I havent seen any fakes yet.
I'm watching 4 coins at an auction. Did my market research including AC Search and now the current bid is past my max and there is still a week to go. Now it is, how bad do I want any of those coins? Are prices too high? Are my valuations too low? I think it will end up being a pass and keep my eyes open for those coin types in the future. Discipline and patience.
Awesome!! Thats the kind of disciplined collector I like to see!
Love bronze coins but omg the maintenance is crazy, tarnish, dates n variety, not as bad with silver but damn I would get gold if I could love 22k but 24k no tarnish ing
How to buy at auction: be the highest bidder😂
😂
Great guide for new collectors and a nice reminder for seasoned ones as well, on the psychological aspects of bidding (and especially, over-committing when bidding). As a suggestion, perhaps it would be a good idea to have the title of the coins that are being shown while the voice-over is on.
This would distract people from the topic being discussed, dont you think? :)
Dont worry, all of these coins will be discussed, in their own contextualized videos, at some point
what auction houses do you recommend inside of Spain or in the rest of Europe?
Each one has its own specialties, this greatly depends on what you collect. At least you know if they are in the auction platforms, they must be Ok to do business with.
I have this old coins, where can sell them???
Through an auction house.
I had to laugh at the psychological aspects. As I know it. I guess everyone has to experience collecting fever at first. As I see it, even coins purchased for less than 50 euros can make a nice collection.
One can absolutely make a wonderful collection with sub-50 Euro coins!
Some of my favorite buys have been sub 50. My wife always jokes when she sees more expensive pieces and how gorgeous they are compared to the majority of our collection but nearly faints when she sees the final prices. Treat yourself every now and then though and spend the whole budget on a single coin that you really connect with. Leo talks about his first Athenian Tetradrachm in one of his videos. I related alot.
Personally I only buy graded coins.
Raw coins are too risky!
Beautiful coins and good info!
Too much caffeine..
Going through a lot recently, hopefully the future brings steadier days and steadier hands :)
@@ClassicalNumismatics No disrespect meant. All the best to you! 👍🏼
Aww Man I don’t wanna see all the cheap boring coins 😔
eBay is the best place to start building a numismatic portfolio.
sure, if you want a lot of fakes
Absolutely horrible advice.
Username checks out
To start with the collection !!!
No 20% auction fees. Buy from reputable sellers and only participate in auction format sales.
@@eBayNumismatics why not, but be carefull, a lot of fakes on ebay, really a lot