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Consigning to CNG - Experiences?

IosephusIosephus Posts: 872 ✭✭✭
in World & Ancient Coins Forum

I'm planning to sell off a few 15th-18th century medals from my collection. Considering the limited market for this material, I was thinking of consigning them to an auction, and that CNG might be the most appropriate US firm to try. If anybody here has experience consigning to CNG (or any other relevant information) that they wouldn't mind sharing (here or via PM), I'd be most appreciative. Thanks!

Joe
Virtus Collection - Renaissance and Baroque Medals

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    bigmarty58bigmarty58 Posts: 1,998 ✭✭✭✭✭

    Joe, your website is really nice. Good luck with your sale.

    Enthusiastic collector of British pre-decimal and Canadian decimal circulation coins.
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    SmEagle1795SmEagle1795 Posts: 2,135 ✭✭✭✭✭

    I just mailed them a box of duplicates yesterday. They're one of the easiest firms to work with - highly recommended!

    Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
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    numismagramnumismagram Posts: 146 ✭✭✭

    I worked there for a number of years and it's where I developed my love for medals. I think that they would do a fine job with presenting them.

    Jeremy Bostwick

    For exceptional works of medallic art, check out our current inventory at Numismagram!

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    TiborTibor Posts: 3,256 ✭✭✭✭✭

    As with any auction company make sure
    you set minimum bids for your coins. You
    would hate to see a $1000 coin sell for
    $200. With CNG you can watch online as
    bids are placed. Good luck.

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    coinkatcoinkat Posts: 22,791 ✭✭✭✭✭

    My gut reaction is that CNG is the best avenue for what you have. Best wishes with your efforts

    Experience the World through Numismatics...it's more than you can imagine.

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    IosephusIosephus Posts: 872 ✭✭✭

    Thanks everyone. :)

    Joe
    Virtus Collection - Renaissance and Baroque Medals
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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    edited October 9, 2018 8:16AM

    This is their commission schedule:

    "EITHER the following percentage of the hammer price for each lot:
    15% for coins sold as single lots
    20% for coins sold in multiple lots

    OR the following minimum commission for each lot:
    New York public auction - $100 for each lot of any kind
    Mail bid sale - $60 for each coin lot (single or multiple)
    Electronic auction - $40 for each single coin lot or $60 for each multiple coin lot

    Terms are negotiable for individual coins valued over $10,000 and for important collections."

    If you've sold through them, which is generally the way to go?

    A $1,000 coin would be a commission of $150 the first way and $100 the 2nd way.

    Did I just answer my own question?

    Also, are prices generally better in London than New York?

    Thanks

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