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Anyone Pick Up Any Coins Or Spot Any Bargains In The Torex Auction?

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Canada
220 Posts
 Posted 02/27/2016  11:05 pm Show Profile   Bookmark this topic Add twoods to your friends list Get a Link to this Message Number of Subscribers

I followed today's Torex session, wondering what people here thought of the prices, strong or weak, and if anyone here picked up any nice coins?
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Canada
1442 Posts
 Posted 02/28/2016  01:56 am  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
I picked up the 1c 1881H Micro D MS63 and 1c 1894 Thick 4 MS64 at starting prices, which I think were fantastic deals (probably finest known of their kind going for $500-$750 is absolutely ridiculous).

Some of the gold coins got decent prices...JOPs sold well and are the only type to go consistently OVER trends (helped by my bids lol)..

The very high end stuff did very well ($10,000+). WOW on the Vicky/Eddie 50c in MS...so the high end market seems to be fine and completely disconnected from the rest...

The low to mid end stuff ($100-$2000) did horribly for the most part...most going for starting bid...very few going anywhere near trends...

Btw...Lot 610...the 1858 5/8 dime is actually a plain 1858 worth $10, not the $1200 variety it sold as. Yikes for the buyer.

Worst time to be a consignee IMO. You're getting 30-40% of trends if you're lucky...with 15-18% buyer fees going to TCNC.

Edited by canadian-varieties
02/28/2016 02:09 am
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Canada
1505 Posts
 Posted 02/28/2016  05:14 am  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
Prices ended up being higher than I expected on most items, but I consider 50-60% of trends (including tax & BP) to be the actual price on most items, if not lower. That being said, I rarely buy a $500+ coin (not ready to join that club yet), so maybe some of it was a good price. I always find it surprising how some people value nickles from the 50's and dimes from the 40's, most did not sell in the higher grade range.

Did not buy anything this time around, came close on a couple.
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Canada
1984 Posts
 Posted 02/28/2016  08:03 am  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
The small cent prices were very strong. Someone paid $4600 for an MS66 1948 ATD cent and $872 for a Blunt 1947 ML in MS65. Nice prices on the 1920, 1934 & 1942 as well.
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chequer's Avatar
Canada
4227 Posts
 Posted 02/28/2016  08:09 am  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
As seems to be the case with many of the auctions lately, some realized very well, while I did seem to see a few bargainish prices. I wasn't able to watch the auction live due to a hospital emergency with a family member, but I checked my bookmarked items when I got home and the few items I put bids on all went higher. I'll have to take a closer look later.
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Canada
495 Posts
 Posted 02/28/2016  08:14 am  Show Profile   Bookmark this reply Add macdon to your friends list Get a Link to this Reply
Got another Landon cent to add to my reds [ 1913 MS65] interesting to follow auctions these days, looks like it could be brutal for consignees as already mentioned.A nice lot of Landon coins sold for way below values on HA recently.
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Canada
5324 Posts
 Posted 02/28/2016  09:55 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Was bidding on 1996 loonie error, thought around 400 to 500 with juice and taxes, sold for 1800.00 that's insane but cool.
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Canada
10456 Posts
 Posted 02/28/2016  10:34 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I too was pleasantly surprised with the loon error... I tested that coin with my XRf a couple years ago, it was pretty cool.


Quote:
probably finest known of their kind


Nope, and nope. At least three members of this forum have them in higher grades, cherry-picked (unattributed) from auctions several years ago...
"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 Oppenheimer

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DEVLEC's Avatar
Canada
3234 Posts
 Posted 02/28/2016  11:26 am  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply

Quote:
Nope, and nope. At least three members of this forum have them in higher grades,


Good to know.. and some day I certainly would love to get a view of them..

"Some of us can dream of one day seeing or owning one of these jewels"..
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Paulsz's Avatar
Canada
2187 Posts
 Posted 02/28/2016  11:35 am  Show Profile   Bookmark this reply Add Paulsz to your friends list Get a Link to this Reply
I picked up a 1935 silver dollar. My first silver dollar business strike that I plan on keeping. Only had PL/SP before.
I too was going for that loon error but it went way too high for my budget. I'm glad to know there are more out there :)
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AgHoarder's Avatar
Canada
818 Posts
 Posted 02/28/2016  11:42 am  Show Profile   Bookmark this reply Add AgHoarder to your friends list Get a Link to this Reply
I heard there was an 1883 obv 4 5 cent piece in VF 30. Anyone know if that sold?
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Paulsz's Avatar
Canada
2187 Posts
 Posted 02/28/2016  11:49 am  Show Profile   Bookmark this reply Add Paulsz to your friends list Get a Link to this Reply
There was an obv 4 in F that didn't sell. The VF30 is obv 5 sold for 177 +tax. Not sure if it was annotated wrong and should be an obv 4. I'm not too familiar with 5 cent pieces
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Canada
1442 Posts
 Posted 02/28/2016  2:10 pm  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
Not seeing a lot of errors for sale lately...

Was also very surprised by the price on that loon error...
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United States
1349 Posts
 Posted 02/28/2016  3:19 pm  Show Profile   Bookmark this reply Add bosox to your friends list Get a Link to this Reply
The thick 4 in 64 is not the finest known. I have a 65RB in a PCGS holder, as yet unattributed as a thick 4. I do not own it, but there is also another 81 micro D in an ICCS 63 red holder.
http://www.victoriancent.com

2011 & 2025 Fred Bowman Award Winner, 2020 J. Douglas Ferguson Award Winner, & 2022 Paul Fiocca Award Winner. Life Member of RCNA.
Edited by bosox
02/28/2016 3:21 pm
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DEVLEC's Avatar
Canada
3234 Posts
 Posted 02/28/2016  5:37 pm  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
At the end of the day,..that 81 Micro was a super deal at ~ $1000 all in..
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Canada
1984 Posts
 Posted 02/28/2016  7:00 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
BTW I am the owner of the ICCS MS63 micro D. I viewed yours at the auction preview and....no disrespect...I do like mine better. Mine has really nice lustre. That being said I agree with Devlec that you got a great deal. I was kind of hoping it would sell for a lot more given my vested interest.

If anyone wants to make me an offer I can't refuse I am always willing to listen. That being said, I think this is one of the two coins that came from my grandfather (who had a CNA membership number with a single digit) that I will pass on to my kids. The other one is a 1942 cent struck on a cupro nickel planchet that appeared in the CNA journal a few years ago. I don't think that the kids will care about coins in general but I think they might keep one special thing each.

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