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 Replies: 13 / Views: 1,867 |
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Pillar of the Community
Canada
3049 Posts |
I didn't bid on anything in the last TCNC auction so I can't personally go back and look at each item from the previous auction....
I was wondering if anyone has a list or prices realized for the past TCNC auction or could provide me the prices for the following lots.
1077
1110B - 1142
Please either post it or e-mail it to me.. and I thank anyone who takes the time..
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Pillar of the Community
Canada
1984 Posts |
If you look at the action on iCollector the prices should be there
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Bedrock of the Community
Canada
10743 Posts |
I agree, you'll find them there.
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Pillar of the Community
 Canada
3049 Posts |
never saw that past auctions link until you told me to look for it.. thnx
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Valued Member
Canada
147 Posts |
I never realized iCollector logged previous auction information like that. What a great resource. I had a few customers in attendance at the show report back that the auction was so disappointing. I don't think disappointing begins to describe it. I'm finding items where they realized 40-60% of the trend/market prices. We're talking items I've sold for more on ebay. And this is supposed to be the premiere auction in Canada? Yeeouch! |
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Valued Member
Canada
190 Posts |
I just dropped off some notes that I bid on and won at BCS but will have to wait three weeks to find out how I did
lot numbers 767 and 876
keeping my fingers crossed
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Pillar of the Community
Canada
3049 Posts |
Universal coins... I'm a buyer... so I like it when the prices are less than ebay ... |
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Valued Member
Canada
190 Posts |
AgCoinAu
do you still need the list you wanted. if so I will post.
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Pillar of the Community
 Canada
5400 Posts |
That is why we sell on ebay..... a totally different market than Canadian coin auctions. Canadian coin auctions are usually pretty poor as to price performance. Most stuff, unless very unique AND required by two or more collectors goes for s... low bid prices. Usually most lots bought up by dealers to resell on ebay or their own coin stores. I would NEVER put coins in a Canadian coin auction!! We do far better on the web, ebay and our own site , both! |
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Pillar of the Community
 United States
1949 Posts |
I was very happy with the prices I was able to purchase a few coins for from that auction, and I have been very happy dealing with the guys from TCNC in the past
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Pillar of the Community
Canada
3049 Posts |
No thank you maddog... I was able to look at the past auctions link and get the info I needed on the lots I had some interest in...
the
I think that the buyers at this auction are pretty sophisticated.... One must understand that the buyer still has to incur auction fees plus shipping....
Now most people I have talked to say that they rarely pay full trend price for their coins at the moment as it stands... so let's say for sake of the argument that people are happy to pay 80% trends...
Now you're saying that at this auction it was "dissapointing" as sales were 60% of trends.. but if you include shipping and auction fees.. you're pretty close to the 80% of trends as it stands...... Seems like the buyers just know what their price point is.. and won't go much further on it.. or they will attempt to find it on the bourse floor.
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Valued Member
Canada
147 Posts |
Its all a matter of perspective, right? I say disappointing more because it calls into question the vitality of the hobby. Poor performances of sales can be a scary measure. It means the demand is lower than expected (especially if you use "trend prices" as that measure of expectation), which translates to fewer active collectors. I've only come into the hobby in the last couple of years. I have no idea what the shows look like beyond a couple of thousand attendees, a mere fraction of what the shows used to be. My expectations of what attendees get from the large shows and auctions need adjusting.
But beyond any of that, it worries me. Lower attendance and lower auction participation sends a bad sign about the state of the business end of the hobby.
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Pillar of the Community
Canada
1051 Posts |
I don't think the hobby will die, but the number of well-heeled (usually older) collectors may be dwindling, with not enough young collectors growing up to take their place.
The end game for me has always been to own the coins I want, not to make money. Unless you are very, very good at picking "investment" coins, there are any number of better ways to speculate.
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Moderator
Canada
10459 Posts |
You can't necessarily judge the market and hobby based on coins sold from a single auctioneer... even over multiple auctions. I generally don't buy Canadian small cents from Canadian auctions, because frankly the small cents that I collect, are usually in ICCS flips in Canadian auctions. They are not nice enough, red enough, or free of problems to cross into PCGS Red holders. Coins that have the eye-appeal and the grade always do so much better than those given a technical grade with low eye appeal. The Canadiana Collection proved that - those with the deepest pockets, wait for the nicest coins. If you look at sales from the recent Moore Legacy auction, certain pieces with eye appeal did extremely well. I think the Moore auction had a trickle-down effect on other summer auctions - a lot of collectors I know, spent a lot of their annual collection budget at that auction, myself included - it certainly impacted my buying at the ANA Stacks Bowers auction, and played into my decision to bid on nothing at the RCNA convention or other summer auctions... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
Edited by SPP-Ottawa
09/05/2014 08:21 am
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Replies: 13 / Views: 1,867 |
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Posted 08/28/2014 06:28 am
