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Numismatic Auctions L.l.c # 58

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Pillar of the Community
Canada
2495 Posts
 Posted 11/30/2015  2:09 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list
True....with the auction fees and adding 35% for the US dollar, how in the world can an American auction selling Canadian coins be worthwhile to a Canadian buyer.
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Canada
1505 Posts
 Posted 11/30/2015  2:35 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list
I like the way you guys are thinking, keeps the bidders away ;-). Personally, I look at the lot, assign a value that I will pay in CAD, convert to USD and stick to the limit. I have been able to find some really nice coins for very good prices.

The key for me is to stay disciplined, as some of the bids get a bit crazy.

For this auction, it is either live, email or telephone, to be assigned a phone, they anticipate that you would be bidding on 3-4k worth of items, not sure if that is actually win or just bidding. Put a couple bids on few coins to see how it goes, a little hesitant on submitting bids via email.
Edited by purelywasted
11/30/2015 2:37 pm
Pillar of the Community
Taiwan
606 Posts
 Posted 11/30/2015  7:06 pm  Show Profile   Bookmark this reply Add Everest to your friends list
I attended the auction today and all the Large and Small cents sold for
about 25%-50% of estimate including the buyers fee of 15%. There were a
few coins that were outright bargains.
Pillar of the Community
Canada
5324 Posts
 Posted 11/30/2015  7:10 pm  Show Profile   Bookmark this reply Add john100 to your friends list
Ouch !
Pillar of the Community
Canada
1505 Posts
 Posted 11/30/2015  7:14 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list
Sweet, maybe my bids made it through then. I was going for 2 Vicki's and a 1910. Now I wish he would have let me phone it in, could have had some nice pickups.

Did you get anything nice Everest?
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Taiwan
606 Posts
 Posted 11/30/2015  7:37 pm  Show Profile   Bookmark this reply Add Everest to your friends list
purelywasted: I just purchased the 1908 ICCS 63 lustrous brown cent for my type
set. The 1910 sold for $150. I have the prices realized for the Canadian material
if you need any information.
Pillar of the Community
Canada
1505 Posts
 Posted 12/01/2015  10:26 am  Show Profile   Bookmark this reply Add purelywasted to your friends list
Congrats Everest and thank you for the offer.

I was interested in...

#626 - 1858 N9 RP85 MS63RB
#634 - 1888 MS63RD
#641 - 1896 MS63RB
#651 - 1906 MS64RD
#655 - 1909 MS64RD
#661 - 1915 MS64RD
#678 - 1936 MS64RD - Pittman

How was the auction overall? Are they a fairly legitimate group? It sounds like I should have bid on some more lots.
Pillar of the Community
Taiwan
606 Posts
 Posted 12/01/2015  10:43 am  Show Profile   Bookmark this reply Add Everest to your friends list
Hello purely wasted.
Lot # 626 $105
" # 634 $80
" # 641 $65
" # 651 $170
" # 655 $80
" # 661 $80
" # 678 $50
Numismatic Auctions LLC are always interesting. This
auction contained a superb offering of Russian material.

Edited by Everest
12/01/2015 10:46 am
Pillar of the Community
Canada
1505 Posts
 Posted 12/01/2015  11:05 am  Show Profile   Bookmark this reply Add purelywasted to your friends list
Thanks Everest, I am assuming these were before BP?
Pillar of the Community
Taiwan
606 Posts
 Posted 12/01/2015  11:32 am  Show Profile   Bookmark this reply Add Everest to your friends list
You are correct. These are the hammer prices in US dollars. The
buyers premium was 15%
Pillar of the Community
Canada
1505 Posts
 Posted 12/01/2015  11:44 am  Show Profile   Bookmark this reply Add purelywasted to your friends list
Not bad, quite a few of these were pretty close to what I consider FMV, especially when you consider shipping. I should have bid higher on the 1896 & 1909, I guess that is the problem with submitting a bid ahead of time, oh well, plenty of fish in the sea.

Greatly appreciative for you posting the realized prices. Cheers.
Pillar of the Community
Canada
3234 Posts
 Posted 12/01/2015  5:13 pm  Show Profile   Bookmark this reply Add DEVLEC to your friends list
All of those prices for 64 Red seems super reasonable to me..
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Canada
2495 Posts
 Posted 12/01/2015  7:34 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list
No bargains at all.

Looks like at least 50% of trends.

In today's market, that's plenty.

Anyone who pays 70% or over for most any coin in the Canadian market either is totally out of touch or has mountains of cash with no place to put it.
Pillar of the Community
Canada
3234 Posts
 Posted 12/01/2015  8:02 pm  Show Profile   Bookmark this reply Add DEVLEC to your friends list

Quote:
..has mountains of cash with no place to put it.


Then I'd better go with this one...
Pillar of the Community
Canada
5324 Posts
 Posted 12/02/2015  02:08 am  Show Profile   Bookmark this reply Add john100 to your friends list
Except for rare dates even some of these are having a tough times, just sad markets for common stuff.
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