February 2012 Torex - Coin Community Forum

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Author	Replies: 19 / Views: 4,109	Page: of 2
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 02/02/2012 10:58 pm The February 2012 Torex Auction is almost here and the Catalogue can be viewed online at iCollector. http://www.icollector.com/The-Febru...tion_as21424 Time to start saving those pennies. Report this Post to the Staff

qbvbsite Pillar of the Community Canada 849 Posts	Posted 02/02/2012 10:59 pm Is this a online auction? Report this Post to the Staff
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 02/02/2012 11:01 pm Online and Live. Torex is the biggest coin show and auction in all of Canada. However, it is nowhere near as large as the FUN show (In the States). I wish it was though! http://www.torex.net/torex_coin_show/index.html Edited by Canadian-Banknotes 02/02/2012 11:02 pm Report this Post to the Staff
qbvbsite Pillar of the Community Canada 849 Posts	Posted 02/02/2012 11:07 pm right on... might be worth checking out. Thanks for the link :) Report this Post to the Staff
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 02/02/2012 11:31 pm No Problem Report this Post to the Staff
DBM Pillar of the Community Canada 9866 Posts	Posted 02/03/2012 12:53 am We whine and complain about ebay and its sellers on this forum,yet we look forward to an auction conducted by those who allegedly switched coins in ICCS holders and were expelled from the CAND.Most of the coins,when you add the buyers fee,taxes, and shipping have start prices that are well above 70% of trends.The auctioneers estimates for virtually every lot make the ebay dreamers seem competent somehow.Sure,some bargains will be had,but just like ebay "caveat emptor" Report this Post to the Staff
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 02/03/2012 01:03 am Quote: yet we look forward to an auction conducted by those who allegedly switched coins in ICCS holders and were expelled from the CAND I have not heard of this. Is there a article or something? I would be interested in reading up on that. Report this Post to the Staff
EastVanRob Pillar of the Community Canada 617 Posts	Posted 02/03/2012 01:07 am Does anyone pay attention to the auctioneer's estimates? Report this Post to the Staff
realpenny Valued Member 423 Posts	Posted 02/03/2012 02:20 am Quote: The auctioneers estimates for virtually every lot make the ebay dreamers seem competent somehow. That's a Canadian complement, by the way... lol... all around. I never checked it out before really. I want to at least see some nice examples of good things. How good is it at that? Report this Post to the Staff
Petersun Pillar of the Community Canada 1700 Posts	Posted 02/04/2012 12:32 pm I don't really like online auctions. Report this Post to the Staff
glenzy1 Pillar of the Community Canada 1554 Posts	Posted 02/10/2012 09:05 am Anyone find that the starting prices for the February Torex seems a bit high? Glenn Report this Post to the Staff
DBM Pillar of the Community Canada 9866 Posts	Posted 02/10/2012 09:57 am Quote: Most of the coins,when you add the buyers fee,taxes, and shipping have start prices that are well above 70% of trends Report this Post to the Staff
ikandiggit Pillar of the Community Canada 1166 Posts	Posted 02/10/2012 10:30 am Even at the starting prices, if I add up everything I like, I'd need $30,000. Ain't gonna happen. Report this Post to the Staff
doubleeagle59 Pillar of the Community Canada 2495 Posts	Posted 02/10/2012 11:11 am I find their auctions way too high even to place a first bid! Most of their auctions sell with only one bid - their own! Nothing usually sells. Prices are way too high. Report this Post to the Staff
doubleeagle59 Pillar of the Community Canada 2495 Posts	Posted 02/10/2012 11:59 am Another point I'd like to add... Why do they charge a buyers' and sellers' premium? Think about it. They own mostly all the coins in their auction. The true purpose of Buyers and sellers premiums (or fees) are to generate income for the auction house when they are disposing of someone else's property. But when the auction house owns the coins these fees are similar to 'double dipping'. What a system! That's why I say there's really no 'true' auctions out there anymore. Report this Post to the Staff
Libertad Pillar of the Community Canada 3692 Posts	Posted 02/10/2012 9:33 pm Time to start our own auctions to compete with theirs? Maybe then they'll lower their fees to compete. Report this Post to the Staff
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