First Time For A Sedwick Auction

20% is a stiff hit. I remember when 17.5% was outrageous, while most were at 10% where will it end? 20% is fast becoming the norm in auctions.

I've never bid on a Sedwick auction myself, but Frank (RIP) and Daniel are stand up guys from everything I've heard from friends and others in the business. I have listened to a lot of Daniel's videos lately and learn a lot from his knowledge. Prices seem to be pretty strong in the auction today, https://www.sedwickcoins.com is the site, click on Treasure Auctions to attend virtually and see some amazing pieces of pirate booty!

I don't have a cob but one of these days I will be buying one. Got a HUGE (in the low to mid five figure) medical bill this month to take care of - ouch.

Yep I watched the first session that went long, most pieces were bringing way over estimates and a few were 4 or 5 times over. Prices are strong for better and scarce material today.

I saw it at the Syd Martin literature auction last Saturday, very strong bids on just about everything offered. I did win two out of 4 lots I bid on, but they cost me about what I thought, one was slightly lower than I expected surprisingly, and one I lost out on was due to an Internet glitch, dang it. I probably would have won it judging from the sale price, but I don't know who I was competing against.

A friend told me he was blown out of the water on the couple lots he bid on, by thousands of dollars more than he thought they would sell for. A few lots were impressive in the book sale. Breen's personal encyclopedia (the one he carried to shows was full of his annotated notes on coins he had seen, (Lot #64 estimated at $5000) ended up selling for $37,500! A complete set of C4 newsletters bound estimated at $2,500 sold at $8,000, Breen's annotated Crosby estimated at $3,000 hammered at $14,000 and most lots sold for above estimates, they also had a 20% buyers fee added on the bids.

Congrats on winning at least one today!

Pretty much anything I take an interest in goes up in price by multiples right away it seems. Except my Two Cent Pieces. Colonials and Early Coppers (large and Half Cents) have tripled or more since I started trying to obtain them, now it's colonials and coins similar like cobs, blame me.

But I do know what you mean, the prices were very strong on a lot of the treasure ship items.

I think some of my favorites are the Mexican, Peru and Bolivian 4 reales and 8 reales.

I used to scoff at those signed certificates realeswatcher, but they're really adding to shipwreck cob prices right now. Not my interest. They remind me of old rusty tin can lids. I prefer a chunky badly struck late issue to any of those.

The gold cobs really are insane. I'm rereading Three Musketeers right now. Pistoles (aka gold Louis) are their money, and not far off from the 2 escudo pirate pistoles/doblons. Pirates and Musketeers are the stuff of romantic legend, and everyone wants a souvenir these days.

The best cob I ever got from Sedwick is a Potosi 1660 1/2 reale with full monogram and 2 dates. Not big and showy but such craftsmanship on display when they struck one well.