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The E-Sylum:  Volume 7, Number 14, April 4, 2004, Article 24

AUCTION CATALOG PEEVES

  Henry Bergos writes: "Just a quick comment on your "Pet
  Peeves". I collect numismatic book auctions.  I have almost
  none from The Katens --  their catalogues were by consignor
  and NOT indexed. They are basically useless for research.
  No one has the time to go through them to get any info out.

  Regarding getting coin prices from catalogs; I basically "feel
  out the market" at shows.  I use Numismatic News trends
  and "The Gray Sheet". If I can't buy at those rates I increase
  what I am willing to pay.  A few years ago I was offered a
  coin that I WOULDN'T pay more than $900 for.  The dealer
  told me to look at the population report; I GLADLY paid
  $1050.  The market also has to take availability into
  consideration. When will the next one come on the market?
  Only experience will tell any of us that."

  Wayne Homren, Editor

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