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 Replies: 29 / Views: 4,957 |
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Valued Member
50 Posts |
I am just now waked up after dat late nite and was wonder what you all thot of it what how it went?
Me I am real glad that I don't own any of the expense large cent as that price it has got to now come down with all that nice stuff out there no.
But I got tell you that what make me scratch my head most is how come they wait until past 3 clock in morning to sell the rare higrade silver stuff I would be some pee off if I was that one letting that auction sell my coin and they run the best piece when only the buddies they were left to pick them off at such low price!
Something smell funny in the Denmark there no?
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Bedrock of the Community
Canada
10743 Posts |
You'll have to find out from their 'buddies'..  |
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Moderator
 Canada
10458 Posts |
I suspect Chuck did not expect the spirited bidding on the tokens and US coins - it slowed everything down at the start... "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
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Pillar of the Community
Canada
3049 Posts |
I wasn't there but from the video and the sound in his voice... he was pretty surprised at the bidding.. and was grateful when that one bidder would immediately chime in an opening bid that was reflective of the competitive action
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Pillar of the Community
Canada
2495 Posts |
Honestly, I don't think there's any 'monkey business' at play here, but I do think they should have known better.
4am is totally ridiculous and I agree with the OP that if I was the owner of this collection, I'd be pretty upset if they did rush the sales at the early hours of the morning.
Even if they didn't rush the sales, they still took place at 3am!!
There's no way at this time you're going to get the best price for the coin.
But....auctioneers don't really care because they're getting paid at both ends, aren't they?
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Moderator
Canada
10458 Posts |
If the coins are nice enough... the clock is irrelevant. Of course, collectors with deep pockets would not be there bidding at that time, they pay a dealer to bid for them... I do it all the time, so I can go to a coin show, go out and have pints during the auction, and the dealer I leave my max bids with either texts me or phones me...
"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
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Pillar of the Community
Canada
4911 Posts |
yes theyre getting payed on both ends and it costs a pretty penny no matter what side of it you are, I'mbidding on something right now and the amount I'mpaying after taxes is 31% of hammer.
Feel free to call me Will.
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Pillar of the Community
Canada
4911 Posts |
spp, are you going to be bidding on lot 2800?
Feel free to call me Will.
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Pillar of the Community
Canada
867 Posts |
seems like the same guy near the floor mic is doing all the bidding
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Pillar of the Community
Canada
867 Posts |
Lot 1475 was strange...a 1938 5 cent in MS 65...the bid was at $2600, then an internet bid for $8000 came in!....so much for honouring the bidding intervals
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Pillar of the Community
Canada
2366 Posts |
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Pillar of the Community
Canada
4911 Posts |
I agree with tripoli, it seems like the mysterious Mr.#510 was scooping up everything, correct me if I'mwrong but he seemed to flicker out after 3/4 of the world coin part.
Feel free to call me Will.
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Pillar of the Community
Canada
2495 Posts |
Yes, #510, #501, #527 and #510 purchased about 90% of the US coins. |
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Pillar of the Community
Canada
5394 Posts |
Believe me they were all quite real bidders. The prices for the USA coins and tokens were a result of three different factors.First was the strength of the US dollar . Second was the material was fresh to the market and totally original and unplayed with. Anyone who is familiar with the current US coin market knew this stuff would bring solid bids, and indeed did. The third factor was that a lot of the U.S. coins were very conservatively graded and most likely will upgrade.
As to the second point about the end of the auction. There is a general rule that those who remain to the end will inevitably get some bargains in a sale. With this auction that is exactly what happened. All I will say is that I for one, was very pleased to have stayed to the bitter end. It paid off big time.
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Pillar of the Community
710 Posts |
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Pillar of the Community
 United States
1949 Posts |
I believe that particular coin was part of a lot
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Replies: 29 / Views: 4,957 |
Posted 02/12/2015 5:56 pm
