Crossword Genius

Collector's opening bid for chest (6)

Ross

I believe the answer is:

coffer

'chest' is the definition.
(coffer is a kind of chest)

'collector's opening bid' is the wordplay.
'opening' suggests taking the first letters.
'bid' becomes 'offer' ('offer' can be a synonym of 'bid').
The initial letter of 'collectors' is 'c'.
'c'+'offer'='COFFER'

'for' acts as a link.

(Other definitions for coffer that I've seen before include "safe" , "Treasury - chest for valuables" , "Strong box at the treasury" , "Treasure chest" , "Chest for storing valuables" .)

I've seen this clue in The Guardian and The Telegraph.
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