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Replies: 38 / Views: 4,807 |
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Pillar of the Community
Australia
541 Posts |
I viewed the coin, the coin has AU details but it only has EF surfaces (probably why they assigned it the grading). There are a lot of surface hairlines in the obverse fields.
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Pillar of the Community
Australia
908 Posts |
Were there many bidders on this coin?
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Pillar of the Community
Australia
4411 Posts |
I would guess the bidding wouldve opened at $1300 seeing as OMF bid $1200 via postal and you were $1300.
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Pillar of the Community
Australia
908 Posts |
I was watching the bidding live online and it started pretty low and there were bids in the room pushing it up so that means there were at least 2 other bidders in the room.OK thanks
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Pillar of the Community
Australia
4411 Posts |
Ah ok I didnt know you could bid live. It would only take on bidder in the room to drive the price up because they would be bidding against OMF at $1200.
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Pillar of the Community
Australia
908 Posts |
OK thanks Matty I didn't know that
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Pillar of the Community
 Australia
1006 Posts |
Sorry I cost you so much 
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Pillar of the Community
Australia
908 Posts |
Sounds like someone on the floor had bid it up to $1100 but I'm just hoping that I get what I paid for.No worries OMF its a pity there wasnt 2 of them so we could get one each.I hadn't expected to go that high but I just clicked on the bid button and that was it
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Pillar of the Community
 Australia
1006 Posts |
Yeah I wished there was another as well anyway going to give a call to my favorite dealer heard he was selling of a number of really good shilling collections so he should have one anyway stevo do you intend on getting it PCGS graded?
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Pillar of the Community
Australia
908 Posts |
Yeah I have heaps of high grade pre decimal and decimal coins that would be better in slabs but I've been deliberating for a couple of years on how to go about it as the thought of sending them away makes me nervous.I'll get around to it eventually
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Pillar of the Community
Australia
541 Posts |
It opened at $500, Jim called $700 on behalf of a postal bidder, there was a room bid at $720, Jim called $900, there may have been a room bid at $920 but I didn't see it, but Jim then called $1200. Then there was a live auction bid at $1300.
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Pillar of the Community
Australia
4411 Posts |
Typical auction... magic?...
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Pillar of the Community
Australia
908 Posts |
Thanks Walter that's very interesting but I did see a bid of $1100 come up on my screen which seems a bit mysterious
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Pillar of the Community
 Australia
1006 Posts |
Well that seems a tad dodgy 
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Bedrock of the Community
Australia
21788 Posts |
In this case, Jim was acting proxy on behalf of a bidder to obtain the lot at any price up to that bidder's specified limit. Jim was bidding on behalf of that client in normal step increases.
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Replies: 38 / Views: 4,807 |
Page 3 of 3
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