Anybody ever deal with Scotsman Auction Company ?

Dave99B

Scotsman Auctions

Thanks,
Dave

dorkkarl

i have participated in a couple of their auctions, & bought some coins direct from them at shows. they are ok, not great, but not a ripoff either. i do NOT recommend bidding on there coins w/out seeing them first. i got their auction catalog, but since my $ is earmarked for stack's right now, i won't be bidding. i consider them weak buyers of coins , at best. they'll undergrade anything you have for sale. case in point: i offered a 1873 dime cracked out of ngc ms-63 (which it was), they graded it au-55!!!

K S

BigD5

I have basically the same thoughts as Dorkkarl regarding them, although I have never consigned material to them to sell. Their raw auction issues seem suspect, grading wise, although I have never had any MAJOR discrepencies, just a point or two difference in grading opinions. I don't usually go gaga over anything they offer, although their latest auction looks to be larger than their previous sales. Any time I have asked for a return, the request was honored, and processed quite quickly. That's why I don't mind buying from them. Hope that helps.

thebestMAX

Been to their store in St Louis and have bought there. Thought that they were fair. Everyone is entitled to some profit to stay in business.

wallstreetman

Theyve always been fair with me!

DesertLizard

Used them once a few years ago. Like others have said nothing really to excite me in their auctions.

Also Looks like many of their coins are cleaned, some clearly identify the fact most do not. I am also always suspect of key date coins not in a slab!!

mdwoods

i offered a 1873 dime cracked out of ngc ms-63 (which it was), they graded it au-55!!!

Karl, if you think think that is bad, try having someone who grades by EAC standards, grade some Mint State Slabbed large cents. NGC grades a lot of stuff MS61-63, that technically should probably be AU-58 (EAC would grade it XF45-AU50), I would not neccessarily say AU-55. And I would not say that this is the case with your coin either. NGC does not always count off as much as PCGS for a bit of Cabinet Friction. My opinion only, mdwoods.

P.S. I should have added that maybe Scotsmans was being more accurate than NGC, maybe not. Look at some of the Bowers and Merena Auctions, they give the slab grade and then the EAC grade (for large cents). This probably costs them some consignments, but I bet that large cent collectors, who are in the know, appreciate it.

P.S.S. I also should have added that I know one person who consigns to their auctions and seems to like them. I have not inquired in any detail as to why.

dorkkarl

<< <i>if you think think that is bad, try having someone who grades by EAC standards, grade some Mint State Slabbed large cents. NGC grades a lot of stuff MS61-63, that technically should probably be AU-58 (EAC would grade it XF45-AU50), I would not neccessarily say AU-55 >>

hey mdwoods, you gotta be real careful w/ eac. remember that they use a different grading standard, an also a different price guide.

suppose a NGC-63 cent trends for $1000. then suppose eac grades it as au-55 (a highly possible situation). keep in minds that copper-quotes, which is the pricing bible for eac grading, might well say that au-55 is worth $1000!

i'm just mentioning all this in case you weren't aware of why eac'ers sometimes sound like crooks when they grade your coins. they are supposed to back up their grading by using the appropriate price guide as well.

happy copper collecting!

K S

joemon2

Hi Dave- I have bid in several of their auctions and was very pleased with the coins. As was mentioned earlier, it's always a good idea to view the coins in person, but I've been a customer of their's for almost 10 years and have always been treated fairly.