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 Replies: 19 / Views: 5,559 |
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Valued Member
Canada
495 Posts |
Now that we have the privilege of being able to view online and in print the vast array of Landons collection for sale after these many long years of waiting in the wings to take flight much to the delight of the anxiously awaiting "collector/investment/dealers" audience I wonder if the enthusiasm is still high among those that have had time to really think what a lot of this will do to future values especially in the Vick 1 cent categories surely with so many to hit the market, prices are overrated and same for a lot of the other coins in this sale. I will be bidding on some but have lost the edge to get too serious. The deep pockets will scoop up much of the top end anyway, so I'mlooking to be in the mid range or lower just to say I have something from "The Landon Collection"
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Pillar of the Community
United States
1757 Posts |
Where is the best link to this collection?
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Pillar of the Community
Canada
3234 Posts |
With over 150 gem or near gem 1899's as just one example here..many will get to cherry pic their favorites.. I did a quick count of the ultra or super gems and near gems.. from 1881 and on.. 100's to pick from.. We should see scary high prices for a few of them..and nice pickings for the variety chasers..  |
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Pillar of the Community
Canada
3234 Posts |
With the US dollar where it is..The high end US collectors are going to have a "field day" with this auction.. It's as if there won't be any "buyers premium" for them...  |
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Valued Member
 Canada
495 Posts |
Devlec, I noted that a few posts ago how Id like to be on the USA side of the buyers game here, your right on with those comments. They will have a field day with power of their almighty dollar.
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Pillar of the Community
Canada
1823 Posts |
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Pillar of the Community
United States
711 Posts |
Great comments on the US Dollar strength.
Last I saw CADUSD was 78 - 79 US cents in exchange for 1 Canadian Dollar. It was roughly 88 cents at the beginning of the year. 94 - 95 cents being the 52 week high. Seems to be near some long term support now. Could get very interesting if it were to fall much further along with oil.
Wish I knew high end coins better honestly as I imagine there will be deals to be had here. Still working my way up as a collector.
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Pillar of the Community
 Canada
5394 Posts |
Looks like there are quite a few internet bids starting to come in now, especially in the last day or two. Like Macdon ,I too am a lot less enthusiastic than I was. Just do the math on this. Lots of similar gems all coming out at the same time, with very few high end players in the decimal Canadian segment right now. There could be some great LONG TERM bargains for the investor or dealer with VERY deep pockets.
That said the Canadian economy is NOT that great right now and a lot of the so called top end Coin Dealers in Canada will not or cannot tie up huge amounts of cash in speculative inventory. Try selling a nice 100K plus numismatic holding to a dealer in Canada right now for instant cash. You will get one of the following answers. I am not interested or I have too much of that stuff , can I pay you over time ?, or if you are really lucky someone will low ball you at one third of trends. Right now CASH is KING and most are going to hold on to it.
As to the comment on those of us lucky enough to have the luxury of bidding in US dollars, it is an advantage for sure, but you must consider that most economists and FX traders see the Greenback rising a further 5 to 10 per cent, and quickly against the other currencies which are all (exception Swiss franc and Sterling)in a suicide race to the bottom because of insane Central Bank policies. An almost certain guarantee of a win in the Greenback is going to trump speculating in Large Cents any day.
For what it is worth , enjoy the sale either in person or online, bid prudently and tread lightly. Remember a golden rule of numismatics. No matter how nice the coin or coins are ,there are still more of them to buy than anyone has cash. Just like a city bus comes by every ten minutes ,new coins are available every sale.
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Pillar of the Community
Canada
3049 Posts |
Would I like to pick up something from this collection.. sure... I live in Winnipeg and this is a fellow Winnipeg collector.. so I personally would like to make sure that at least ONE of the items will come back into the hands of a COLLECTOR...
I KNOW that with the dollar the way it is... and with the way the lots are set up most people that will be buying are dealers or speculating....
My opinion is that there will be some great deals to be had but I don't think this will be the time where I drop my entire annual "hobby" budget at one auction... (though when I did that 3 yrs ago it was super fun!... that day!)
Wish I could be there.. but I will have to settle for placing my internet bids and hoping they hold...
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Pillar of the Community
Canada
5394 Posts |
AG I will drink a beer for you after the session. Heck I might even drink two in the session, it will be a long night . Toronto will be fun for a few days, but expensive! Hope you are lucky enough to get a few coins from the sale.
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Pillar of the Community
Canada
4911 Posts |
when is the auction?
Feel free to call me Will.
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Pillar of the Community
Canada
5394 Posts |
Feb 11 session 1 is the Landon sale Feb 12 session 2 Victoria North sale
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Pillar of the Community
Canada
4911 Posts |
thanks.
Feel free to call me Will.
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Valued Member
Canada
495 Posts |
@Pacificoin - agree with that, right on. Have fun at the show
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Pillar of the Community
Canada
1051 Posts |
I wonder what the story is on lot #850. Why would you estimate an 1889 10c at $700 in F-15, and provide no picture?
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Pillar of the Community
Canada
3049 Posts |
1889 is a key date in that series.. I think trends has F-15 around $2200....
As for why no picture... I can't honestly speak for that... it's certainly a coin that would warrant getting as much attraction as possible in an auction.. but I also will assume that who ever ends up taking that one home will already be at the auction in person and have viewed the coin in hand.
Also in the cataloge the items that follow are some pretty fantastic coins in their own right which will probably fetch more money so perhaps more attention was given to those coins which are in MS-AU condition...
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Replies: 19 / Views: 5,559 |
Posted 02/03/2015 09:38 am
