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Pacific Rim Coins - Online Auction

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Valued Member

Australia
163 Posts
 Posted 04/08/2012  8:27 pm Show Profile   Bookmark this topic Add rbarat to your friends list Get a Link to this Message Number of Subscribers
Morning All,

Anyone else following the Pacific Coins online Auction this morning ?
I quite like the interface to be honest.
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trout1105's Avatar
Australia
7096 Posts
 Posted 04/08/2012  8:44 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Can you post a link for this Rob
Valued Member
Australia
163 Posts
 Posted 04/08/2012  8:45 pm  Show Profile   Bookmark this reply Add rbarat to your friends list Get a Link to this Reply
http://www.pacificrimonlineauctions...ionlist.aspx

You will need to sign up and register to bid, but its all automatic. No Aussie coins up yet.
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 04/08/2012  9:31 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
lot 130: Cartwheel Twopence 1797 Proof
went for 1,500.00 AUD + (225.00) buyer's premium + taxes, fees, etc...
but I notice that one half-sov went for less than the spot price.



Valued Member
Australia
163 Posts
 Posted 04/08/2012  9:50 pm  Show Profile   Bookmark this reply Add rbarat to your friends list Get a Link to this Reply
I just picked up the 1939 Half Penny (first type) for around $175. Quite happy about that.
I noticed a lot of the photos seem flat which I don't know is a good or a bad thing.
I guess its good because there isn't any light tricks, but difficult to gauge lustre on the coins.


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Australian coin's Avatar
Australia
1244 Posts
 Posted 04/08/2012  10:16 pm  Show Profile   Bookmark this reply Add Australian coin to your friends list Get a Link to this Reply
Interesting site, some items started within a reasonable price range and others you just couldn't afford to look at.
I seen a few familiar aussies had bid.
Can someone let us know how the whole shopping experience works out, like is there any after sales taxes and how long till you received your coins.
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wwwww's Avatar
Australia
541 Posts
 Posted 04/08/2012  10:25 pm  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply

Quote:
I just picked up the 1939 Half Penny (first type) for around $175. Quite happy about that.
I noticed a lot of the photos seem flat which I don't know is a good or a bad thing.
I guess its good because there isn't any light tricks, but difficult to gauge lustre on the coins.


They're a little flat, but overall quite usable, e.g. you can still see the lustre in:
http://www.pacificrimonlineauctions...51_i12183870

Generally, the flatter a photo is, the more uniform the lighting is and the less defects show up - because tiny defects show up most obviously by the shadows cast, if light comes from all directions, no shadow is cast and the defects become invisible. Photography tricks tend to revolve around flattening photos to hide defects.
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trout1105's Avatar
Australia
7096 Posts
 Posted 04/08/2012  10:36 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Generally, the flatter a photo is, the more uniform the lighting is and the less defects show up - because tiny defects show up most obviously by the shadows cast, if light comes from all directions, no shadow is cast and the defects become invisible. Photography tricks tend to revolve around flattening photos to hide defects.


I find the best way to show ALL the details on a coin is by using a high res scan.
That way every single defect can be seen.
I have sold a few coins on ebay and have used this method to post images, This way the buyer can see exactly what they are bidding on and I have never had any complaints about the coins.
I don't get over the top prices but at the end of the day an honest deal is struck.
I have been the victim of "Creative photography" in the past and I refuse to go down that path.
These are the sort of images that I prefer to buy my coin by.
Hazy or otherwise defective images to me are an instant turn off
Edited by trout1105
04/08/2012 10:42 pm
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MobOfRoos's Avatar
Australia
762 Posts
 Posted 04/08/2012  10:44 pm  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply

Quote:
I find the best way to show ALL the details on a coin is by using a high res scan.
That way every single defect can be seen.




I don't think the photos are high resolution enough considering the coins are high value and it looks like the auction house did their own photography.

I also notice there is a 15% buyers premium + taxes, fees etc. Presumably GST, postage and perhaps other fees need to be added.

I think I'll stick with ebay
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trout1105's Avatar
Australia
7096 Posts
 Posted 04/08/2012  10:46 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I think I'll stick with ebay


better the you know
Valued Member
Australia
163 Posts
 Posted 04/08/2012  10:50 pm  Show Profile   Bookmark this reply Add rbarat to your friends list Get a Link to this Reply
I guess as long as you're aware of the other fees, its no different to ebay.
One plus for me, is that it is run by a member of the ANDA. Also one of the articles on the Pacific Rim coins main site indicates Chris set up the Australian Coin Grading service, so I'm comfortable with the grading applied to the coins.
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enworb's Avatar
Australia
4411 Posts
 Posted 04/08/2012  10:52 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
I had a go bidding on a few of the lots but was outbid straight away. The gold went pretty cheap.
Valued Member
Australia
163 Posts
 Posted 04/08/2012  10:59 pm  Show Profile   Bookmark this reply Add rbarat to your friends list Get a Link to this Reply
I noticed there wasn't too much live bidding happening on most of the lots.
I put my bid in before it got to the item. Now I just wait for the invoice and coin now.
Edited by rbarat
04/08/2012 11:00 pm
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trout1105's Avatar
Australia
7096 Posts
 Posted 04/08/2012  11:02 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
One plus for me, is that it is run by a member of the ANDA. Also one of the articles on the Pacific Rim coins main site indicates Chris set up the Australian Coin Grading service, so I'm comfortable with the grading applied to the coins.

I have heard nothing but good things about Chris, So if he is running this then I may have a few bids
Valued Member
Australia
163 Posts
 Posted 04/09/2012  03:17 am  Show Profile   Bookmark this reply Add rbarat to your friends list Get a Link to this Reply
Did anyone grab anything from the 2nd Auction ?

I'll save up some money before the next one. I'll have a better idea on how the coins compare to the photos by then too.
Some possible good buys to be had, like the Choice UNC 1939 1/2 Penny Roo, for $275 + buyers premium + ... ($3450 in McDonald's guide!!)

Noticed a number of newer 2oz silver coins were going for quite cheap too (probably just over spot price with the 15% applied)
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wwwww's Avatar
Australia
541 Posts
 Posted 04/09/2012  03:45 am  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply
I won a slabbed 1963 proof set with a PR67 Shilling for $400 plus the comm. McDonalds overvalues the 1939, the 1942 and 1944 Melbournes are rarer and more valuable dates. I believe there was a 64BN in this auction that went for around $800.
Edited by wwwww
04/09/2012 03:46 am
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