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Good Auction Find

A few days ago I went to a local auction to bid on a few coin lots. One of them was described as an international coin and currency collection. It contained 15 small plastic bags of world coins weighing, I estimated, about ten pounds. I checked the top few bags and noticed a few silver coins, so I did not remove them all since I was more interested in the other lots.

Bought it for $100, figured I’d at least break even and have fun sorting the coins. I sure did! At the bottom was a bag containing the following-

Sixteen silver dollars, $6.80 in common US silver, and three ounces of world silver coins. Though I only won this lot, it was a very good day.

Comments

  • Namvet69Namvet69 Posts: 9,069 ✭✭✭✭✭

    Nice haul! Hope you can VAM the Morgans and Peace dollars cause that could be the icing on the cake. Good luck. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • gumby1234gumby1234 Posts: 5,589 ✭✭✭✭✭

    Very good deal.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • TennesseeDaveTennesseeDave Posts: 4,787 ✭✭✭✭✭

    That's a great deal. Way to go.

    Trade $'s
  • divecchiadivecchia Posts: 6,680 ✭✭✭✭✭

    Nice score, for sure!!!

    Congrats, Donato

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

    Successful transactions: Shrub68 (Jim), MWallace (Mike)
  • johnny9434johnny9434 Posts: 28,580 ✭✭✭✭✭

    Nice haul

  • nwcoastnwcoast Posts: 2,880 ✭✭✭✭✭

    Great score!
    Love surprises like that!!😋🤪

    Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014

  • scotty1419scotty1419 Posts: 928 ✭✭✭

    Now you're thinking about those other lots... :D

  • PortrossPortross Posts: 84 ✭✭✭

    Not really. I looked at all the coins in the other three lots, and they went for more than I would have paid. This was the least important one.

  • Tom147Tom147 Posts: 1,485 ✭✭✭✭✭

    Very nice purchase there.

  • sellitstoresellitstore Posts: 2,976 ✭✭✭✭✭

    Silver nearly always brings full value or more at estate auctions but sometimes you catch an audience sleeping or with no interest.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • ashelandasheland Posts: 23,335 ✭✭✭✭✭

    Very nice! 👍

  • Steven59Steven59 Posts: 8,961 ✭✭✭✭✭

    Always a great thing when luck is on your side - nice haul!

    "When they can't find anything wrong with you, they create it!"

  • BarberianBarberian Posts: 3,709 ✭✭✭✭✭

    Sometimes the bidders bid every coin in an estate auction to about the same overly high price out of ignorance, say $50 for "junk" silver dollars, but fail to recognize the rare date or gold coin among the lots.

    3 rim nicks away from Good
  • orevilleoreville Posts: 12,045 ✭✭✭✭✭
    edited November 12, 2023 6:19AM

    Unbelievable old time priced haul. Even if no VAM or rarities. Postage alone just to ship such lot if winning remotely could get close to $100 with insurance?

    A Collectors Universe poster since 1997!
  • goldengolden Posts: 9,791 ✭✭✭✭✭

    Good score.

  • jfriedm56jfriedm56 Posts: 1,358 ✭✭✭✭✭

    @Barberian said:
    Sometimes the bidders bid every coin in an estate auction to about the same overly high price out of ignorance, say $50 for "junk" silver dollars, but fail to recognize the rare date or gold coin among the lots.

    Totally agree with you. In my first auction ever, this was advertised along with other common gold coins, but in really low G-VG grades. Another $5. gold coin in good condition (I remember it as an 1880-S), went for crazy money at the time. This one was mainly forgotten. I thought I had it at $100., but the guy wouldn’t quit til $180. Here it is today with the original receipt with juice and tax


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