Anybody watching the SB Auction this week?

pruebas

Lots of cool Americana.

Any wins?

Dug13

lermish

Not yet but will be participating.

fathom

Outbid, really nice stuff but expensive

Relaxn

ABSOLUTE INSANE PRICES;

I went after 3 lots in the Margolis (sp?) auction and was not even close... Not even in the ballpark. Now the items I wanted were historically significant but very esoteric to my collecting focus. The lots I bid on I capped at 1k and ended up selling many multiples of that.
In the 2nd auction I went after the Cruickshank crosses and got crushed. The 2nd one meant a lot to me due to my heritage and I was in up until 5k but it ended up selling for 9k.

Strong strong prices for the exonumia... Absolutely incredible stuff though.

Moparmonster

Indeed! Lots of CAC keys on my watchlist. Hope to be able to grab a couple. Bid limit is only $5,000 though. Kind of a hassle to get it increased.

QCCoinGuy

I got absolutely destroyed on the lots I bid on. Nuts.

P0CKETCHANGE

Watching? Yes.
Participating? No.

Typekat

Yes, the Margolis exonumia went for moon money. I had a wishlist, but …..nada.

For instance: The sale had a number of nice copper 1836 US Mint First Steam Coinage medals. Looking to upgrade mine, I had 3 different in my sights.

The (rare but not unique) silver example in PCGS MS65 I can sort of understand at $21,600.

But copper examples going for $4320, $5000, and $6000 - I mean, really?

lermish

@Moparmonster said:
Indeed! Lots of CAC keys on my watchlist. Hope to be able to grab a couple. Bid limit is only $5,000 though. Kind of a hassle to get it increased.

I just had mine increased fairly significantly this week in anticipation of this auction. It was very easy. I called in, they emailed me a 2 page form to fill out and sign, scanned it back and had the requested approval within a couple of hours.

jayPem

I'm usually deep into their Americana sales, but not this time...
I'm having trouble with the search function, trying to narrow down what I'm interested in.
To much trouble scrolling through so many lots.

calgolddiver

I was fortunate to win an 1864 silver CWT (McClellan). Lost on 4 other silver examples that went for strong prices.

pruebas

@Typekat said:
Yes, the Margolis exonumia went for moon money. I had a wishlist, but …..nada.

For instance: The sale had a number of nice copper 1836 US Mint First Steam Coinage medals. Looking to upgrade mine, I had 3 different in my sights.

The (possibly unique) silver example in PCGS MS65 I can sort of understand at $21,600.

But copper examples going for $4320, $5000, and $6000 - I mean, really?

I was watching these as well.

The silver isn’t unique.

But all of them were finest known of their respective types. It was clear that the group was special and bidders acted accordingly.

The Cardinal/Eliasberg example sold over 11 years ago for more than $4k and it doesn’t even compare to the examples in this group in terms of quality.

https://auctions.stacksbowers.com/lots/view/3-2EPWQ/1836-first-steam-coinage-medal-bronze-27-mm-by-christian-gobrecht-julian-mt-23-ms-65-bn-ngc

TimNH

There's another round in 4 hours (4PM eastern) with some early US stuff I am watching carefully, a chain cent and a couple old golds. The bids are already up around my limit so expect to get blown out, as I always do...

Copperindian

Watching a number of them in session 4 (rarities night). Early bidding is crazy strong, meaning I’ll come up empty.

Typekat

@pruebus

Thanks for correcting me on the silver issue.

My first choice among the copper was the ‘red’ one that brought $4320.

Somehow I had convinced myself that 3K would surely do the trick.

ha ha…

pointfivezero

Pan Pacs and Humberts and Judds, oh my.......

Tim

Allentram

Not my collecting area, and most way above my budget, but it's been fun to watch some of the more spirited bidding, and learning a little more about these medals.

winesteven

I’m looking to buy three coins in one of their auctions this week. Without identifying them, they’re each “Classic” coins, PCGS w/CAC.

Steve

alaura22

Fingers crossed on a few today and tonight.
Hope for the best,
Good luck to all who bid

Byers

Byers

Interesting thread on a Walking Liberty Half Fraser plaster in the same SB auction:

https://forums.collectors.com/discussion/1101764/likely-unique-walking-liberty-half-plaster-in-upcoming-stacksbowers-auction/p1

DCW

I had another epic fail with the Stacks app. Lot shows I'm winning until I am outbid, at which time the bid button disappears and I have no way to participate. Cost the seller a thousand dollars easily, and myself a piece I've admired for a long time.
Oh well, probably the universe saving me from myself 😆
I was able to win one Civil War token that is the plate specimen in Fuld's Storecard book. Last sold in 2013 in the Stephen L. Tanenbaum estate for only $50 less than it sold for yesterday, it is a very red example of the D. Skidmore Hotel token from Seneca Falls.
One of my favorites, a very cool design by William H Bridgens.

I have tried to find this example after seeing pictures of it online and in books for so very long! Can't wait to examine it in hand

Byers

pruebas

I purchased the following from the Margolis Collection. Obverse Myddelton Token trial from the Soho Mint.

This will reunite the obverse trial with the reverse trial, which is already in my collection.

Both pieces plated in the December 1999 Colonial Newsletter article by Margolis.

And yes, prices were VERY strong!

pruebas

@Byers said:

Rather low, don’t you think?

Low enough that I was tempted to bid (but held back).

calgolddiver

One win of five I was bidding on (R9 silver). I feel very fortunate to get one with @Windycity provenance.

TimNH

I am just learning about the CMQ sticker in this auction, lots of these have them. Apparently added by SB themselves.

Byers

@pruebas said:

@Byers said:

Rather low, don’t you think?

Low enough that I was tempted to bid (but held back).

Yes I agree!!

I was guessing $15,000. to $17,500. + BP

I would have bid but I am currently focused on the James and Laura Fraser’s clay, galvano, and plasters that I just purchased, as described in the other thread linked above.

DCW

Did you buy it Mike?

Byers

@DCW said:
Did you buy it Mike?

No. I just posted why in the above post.

But it was a bargain!

ProofCollection

I just won this one. The most expensive coin I've ever purchased. Had to go a full $3700 over PCGS and Greysheet retail guide, almost 40% (Purchase price $13.2k). This one is top pop in PL (only 4 in MS62, total 14PL, 8 in DMPL with top DMPL being MS62 also), these are just exceedingly rare to come by (in PL/DMPL) so I figured I had to stretch and grab it or live with a non-PL/DMPL slot filler. Hope I didn't overpay but on the other hand with these condition rarities you probably can't go wrong. Must have been slabbed or reslabbed recently though, the TV is awful compared to the Stack's photo. I think it's solid for the grade but probably wouldn't (or didn't) CAC.

DCW

Thanks. Missed that. So why did the Buffalo sell for so much more?

Byers

I knew several guys that wanted it at over $100k.

Including Jim Gately who bought my gold Buffalo Nickel for $400k.

It’s Fraser’s iconic Buffalo Nickel reverse design in a very very rare galvano.

It belongs in a museum!

pruebas

@Byers said:

It belongs in a museum!

They both do!

That’s arguably the nicest rendition of the walking Liberty design. Such a classic.

Byers

@pruebas said:

@Byers said:

It belongs in a museum!

They both do!

That’s arguably the nicest rendition of the walking Liberty design. Such a classic.

Yes, that Walking Lib Half plaster design is amazing!

Byers

This belongs in the same museum as the Buffalo Nickel galvano:

winesteven

@ProofCollection said:
I just won this one. The most expensive coin I've ever purchased. Had to go a full $3700 over PCGS and Greysheet retail guide, almost 40% (Purchase price $13.2k). This one is top pop in PL (only 4 in MS62, total 14PL, 8 in DMPL with top DMPL being MS62 also), these are just exceedingly rare to come by (in PL/DMPL) so I figured I had to stretch and grab it or live with a non-PL/DMPL slot filler. Hope I didn't overpay but on the other hand with these condition rarities you probably can't go wrong. Must have been slabbed or reslabbed recently though, the TV is awful compared to the Stack's photo. I think it's solid for the grade but probably wouldn't (or didn't) CAC.

In my opinion, you did VERY well. I believe that for special coins like that, there’s nothing wrong with “paying up”. I truly believe that five or ten years from now, if not sooner, the market value will be noticeably higher than what you paid!

Enjoy it!!!!

Steve

skier07

Terrific looking rare coin but too rich for me

KiwiNumi

Where can I watch it? Anyone have a link to share?

alaura22

https://stacksbowers.com/

JW77

I was interested in one of the Central America double eagles-- gold foil label CAC. Pre live auction I set maximum bid (pre commission) of $11k for a 65 and $9k for a 64. Got blown out of the water on two 65s which went first , but managed to win the 64 below my max bid. I feel it was a fair price.

jmlanzaf

@Byers said:

Seems cheap.

P0CKETCHANGE

This 1877 20c in PR64 CAC/CMQ hammered for $12k ($14.4k w/BP)—I didn't pursue it but was watching intently.

MedalCollector

@P0CKETCHANGE said:
This 1877 20c in PR64 CAC/CMQ hammered for $12k ($14.4k w/BP)—I didn't pursue it but was watching intently.

That’s a pretty coin!

Moparmonster

Strong prices all around today! Good to see the market doing well.

Copperindian

As expected, I got pummeled yesterday. What made it worse, I bid like a rookie (round $$ amount proxy bid that ended up matching a prior bidder - meaning LOSS). Plus, I passed on a lot that I thought would go too high for me (result: no live bids meaning I might have won at a good price if I did bid).
Today was way better: 2 won, 3 lost but the wins were priced below my targets. Tomorrow’s another day & I’ll be hunting again!

pruebas

We all lament the "high prices" but in reality, its just that inflation has just caught up with the coin market.

Almost all aspects of the economy have experienced 10-30% inflation over the past 2 years. And numismatics seems to be following suit.

To compensate, perhaps a 30% adjustment on your bids is in order? I have essentially done that. And while I have paid more, I have not lost as much.

As @winesteven said above, I suspect in a few years you will not regret having paid more.

lermish

I missed out on a couple lots that I was tepidly pursuing but managed to win my primary target for less than my max.

Copperindian

OK - done! 3 wins on one’s that mattered most to me with 1 loss that hurt a bit. 6 losing bids on one’s that were mostly “larks”. All in all, a pretty good auction.

LJenkins11

I was fortunate to win the only one I was after but it cost me.