British Error Coins Prove No Mistake In Spink New York Sale

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Author	Replies: 9 / Views: 2,714
CCFPress Press Manager United States 1420 Posts	Posted 10/02/2015 11:41 am Spink - SPINK USA \| It seems collectors and dealers alike find The Royal Mint's foibles quite interesting as heated bidding on lots from the Bill Snyder Collection of British Error Coins proved last week. Sold as part of the offerings in the Spink New York Sale, September 24, the Snyder Collection cumulatively realized above the pre-sale high estimate with most lots selling in estimate range or higher. A James II double struck Halfcrown with the second strike 20% off center (lot 172) brought $3,250, while an impressive George IV 1826 Shilling obverse brockage, double strike in MS 62 (lot 245) sold for $1,500 - over double the estimate. Dramatic double-strike Coppers did very well, and collector interest in brockages showed strong. A Bank of England full obverse 3 Shillings brockage in About Uncirculated (lot 240) brought $675 -- more than twice the estimate; and a full obverse brockage George IV Shilling (lot 244) commanded a price of $450 nearly four times estimate. The highlight, though, of the collection, was a spectacular 1872 Gothic Florin Die Cap (of over 6mm depth) in Uncirculated (lot 263) which hammered for $8,500. Lot 263, realised $8,500 Other highlights of the NY Sale include an important and very rare 1876 "Mauritius" Medal in Gold (lot 271). Awarded for the 'Heroic Conduct of the Captain, Officers and Crew of the American Barque "Young Phoenix" in the Rescue of the Survivors from the Ship "Strathmore" Wrecked on Crozet Islands in 1875," the handsome medal realized $8,000. An 1866 U.S. fractional currency presentation book of Spencer M. Clark, first superintendent of the National Currency Bureau (lot 79) saw a winning bid of $20,000. Meanwhile, an extraordinary 1864 letter signed by US Treasury Secretary Francis Elias Spinner concerning Civil War counterfeiting, framed with a contemporary forgery and a 50 Cent fractional note (with Spinner's portrait) sold for $11,500 (over 20 times its low estimate). Lot 79, realised $20,000 Report this Post to the Staff

gxseries Pillar of the Community Australia 3831 Posts	Posted 10/02/2015 8:01 pm Synder? Don't we have him here? My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
Beeston1990 Valued Member United Kingdom 109 Posts	Posted 10/09/2015 6:45 pm Yes, Bill is a member on here. Report this Post to the Staff
thedollarman Pillar of the Community Canada 4911 Posts	Posted 10/09/2015 7:12 pm If I remember correctly we have a bill Sydney... Not Snyder nor sender. Feel free to call me Will. Report this Post to the Staff
Broken-Coin Pillar of the Community United States 1812 Posts	Posted 10/12/2015 5:22 pm Had I known about this Auction, I would have inquired about consigning my £20 Bank of England triple serial number error... This note was pulled from production after receiving Inspector rejection marks over the two sets of serial numbers, then placed back in the production line and received a third set of serial numbers over the rejected marks... I received this from a non-collecter that received it from his ATM... After Sharon Lacy from the Bank of England received their Bank Note suppliers Investigation Report requiring changes in production so this type of error will never happen again, Coin World published a 1/2 page article on it in 2009... I searched the Internet & contacting Auction Houses, Dealers, ect. for over 8 years trying to locate a 2nd example,,, all to no avail... This Note is on a old CCF Thread & with no other notes confirmed, is truly Unique.... Report this Post to the Staff
Beeston1990 Valued Member United Kingdom 109 Posts	Posted 10/15/2015 6:18 pm thedollarman - it is definitely Bill Snyder, I have talked to him a few times Report this Post to the Staff
Beeston1990 Valued Member United Kingdom 109 Posts	Posted 10/15/2015 6:19 pm I also met him on here and he informed me about his collection going to auction (this very collection) some months before the actual sale Report this Post to the Staff
ExoGuy Pillar of the Community United States 4417 Posts	Posted 02/08/2016 10:44 pm Yep, it's definitely our own BillSnyder a.k.a. Bill Snyder !! Report this Post to the Staff
BillSnyder Pillar of the Community 778 Posts	Posted 02/14/2016 4:18 pm Yes, my Mis-struck British coins are gone. In the process, I learned a lot. Suggestions - Think twice about selling a life-long collection. You will miss it, as I already do. Other thoughts - a. Don't sell your collection through someone who knows little or nothing about your area of specialization (like Spink's NY coin representative at that time). b. Don't be talked out of setting Reserve prices. When they tell you that non-selling coins will cost you a percentage of the Reserve price, negotiate. c. I had thought that my hundreds of error coins would be offered in a single Spink catalog auction, with my name highlighted. I would be famous <g>. Wrong! Though I had submitted hundreds of coins, the collection actually appeared in the middle of items as diverse as Columbian Exposition Medals, World Stocks and Bonds, and much more. One had to look hard to find the coin errors, which began at catalog number 162. d. Many major error coins of smaller denominations (farthings, halfpennies, and even Maundy pieces), were sold in lots, with poor descriptions and no pictures. e. The auction was not well publicized. Apparently, only those on the Spink mailing list or collectors living in the New Your City area, heard of it. (Within weeks, a small new York coin dealer began offering my coins on ebay at multiples of the auction selling prices). (In my case, they didn't even want to list the dramatically mis-struck Conders or GunMoney because, their NY coin expert said, everyone knows there was little or no quality control involved in their manufacture. (These were returned to me). What might I have done? Well, I'm thinking now that to pass the collection along to my heirs might have been the way to go. Cheers, Bill Edited by BillSnyder 02/14/2016 4:21 pm Report this Post to the Staff
Beeston1990 Valued Member United Kingdom 109 Posts	Posted 02/14/2016 7:03 pm I'm so sorry to hear it turned out this way for you Bill :( Report this Post to the Staff
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