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 Replies: 25 / Views: 5,346 |
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Pillar of the Community
Canada
1554 Posts |
Edited by glenzy1
07/03/2010 10:11 am
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Pillar of the Community
Canada
1051 Posts |
I think there are upwards of 3400 lots in the catalog. My budget runs a lot shorter than my want
list on this one. There are some really great, truly scarce coins in (somewhat) affordable collector
grades.
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Pillar of the Community
Canada
693 Posts |
I will be there..........
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Pillar of the Community
Canada
636 Posts |
Im going...probablt last day tho.
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Valued Member
Canada
464 Posts |
I'm really going to try going this time. Really.
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Pillar of the Community
Canada
1248 Posts |
how come all you guys living back east get to have all the fun....seems the west is always loosing out.
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Pillar of the Community
 Canada
1554 Posts |
 WOW, what a weekend it's been at the Torex Auction. I placed bids on at least 20 coins and only won four? Almost felt as if I got beat up! The following are my four wins: >I.C.C.S., 1911, quarter, MS-64 >I.C.C.S., 1899, quarter, MS-62 >I.C.C.S., 1960, half dollar, MS-65 >I.C.C.S., 1914, half dollar, AU-58 Almost every coin sold, many at basement bargain prices realizing only 50% or less in trend value. As a result I believe we may see a major price reduction in trends for Canadian decimal in the next year or so. Sign of the time I guess. Let me know if you picked up anything at Torex, please list the pieces. Glenn  Edited by glenzy1
02/28/2010 07:50 am
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Pillar of the Community
Canada
576 Posts |
You've got some nice coins! And you're right on trends. They must accurately reflect real market conditions. Trends have softened for many circulated coins. It's time for an across-the-board adjustment.
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Valued Member
Canada
464 Posts |
Arggh...I forgot it was this weekend!  I guess I'll have to wait until the next Torex round... Again.. |
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Pillar of the Community
Canada
3692 Posts |
I wish I'd brought more money at Torex. There were a lot of good deals.
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New Member
Canada
26 Posts |
1901 5¢ ICCS MS62
1911 5¢ ICCS MS63
& probally would have got
another on min. bid ,,but I made a mistake on placing it
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New Member
Canada
42 Posts |
Not everything sold - my two coins didn't sell because I set a reserve. I won't "give" stuff away. I can afford to hold it indefinetly.
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Pillar of the Community
Canada
632 Posts |
I will be there - I will have a case to exhibit some twoonies and some errors - just for the fun of it
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Pillar of the Community
Canada
3692 Posts |
t_y: Are you setting up a table?
Also, for Torex auctions (and others), do you need to register yourself with ID or just show up with money? I've never been to an auction before.
Edited by Libertad
06/04/2010 09:47 am
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Pillar of the Community
Canada
632 Posts |
1. I am not setting up a table. Brian Smith invited me to exhibit coins - just as a "side dish" for the public. If it goes the same way it went the last time, there will be good lights and some friendly chairs, so collectors would have a place to relax a bit, look at coins and chat
2. Auction is outside the bourse - you do not have to pay the entrance to TOREX. As any other auction you must register: credit card or valid references if you are a first time bidder; fill the form and get your bidder number (you bid by raising the card). Only after registering you will be allowed to see the lots.
Auction is a great experience but remember:
1. on top of your bid you will pay tax and the buyer's premium - include that when deciding how much you will bid
2. DON'T, and I repeat DON'T bid based on the catalog description - look at the lot first
3. just like when you go to a casino: know before hand how much you are willing to spend - STICK TO IT - it is very easy to be carried away
4. opening bids are in general 50% catalog estimate and most lots go for 80 to 120 the estimate
5. my main trick to know if I am bidding right - dealers are there to make money - if you get the coin for just one advance over the dealers' bid I am OK, otherwise I am fighting another collector and may end up paying way too much
I hope this helps
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Valued Member
Canada
372 Posts |
For the ones going,have a great time .
I keep the money to buy the coins instead of expenses for hotels,meals and entertainment.i know I miss the excitement but I always end up with some of the coins I bid on.Sure you do not see the coins in your hands but there is a return privilege that I exercice when I see fit.
I yet to see a dealer not refunding my money after my explanations as of why I am returning the coins.They know as much as I do the true value of the coins not the holders.
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Replies: 25 / Views: 5,346 |
Anyone planning on attending this month's Royal Canadian Numismatic Convention/Auction in Saint John, N.B.? 
Posted 02/09/2010 4:44 pm
