First session of the Goldberg Auction

Bear

Was strong. Most lots went near top of estimates

with a large number going well above estimates.

This session was economy and bulk lots.

MikeKing

I've been holding back on the Goldberg auction in pursuit of other venues, but I watched it live (the only bidding I did before hand was on a few pieces of currency). Of course, I have this compulsion to hit the 'bid now' key even though I shouldn't. I did hit it twice. Once, it said it registered my bid, but that particular bid went to another internet bidder. I thought, I was better off keeping the money for something else. Then, I hit the button on another coin and it didn't go through and the bidding was over. Finally, I was waiting for another coin to come up and I decided to just close down the computer, take a deep breath and wait for something else to spend my money on. There were some very nice coins, I think, in their so called 'bargain section', where you can find some high quality coins.

jonathanb

There was another thread a week or two ago where someone commented that the Goldberg estimates seemed very low. That was my impression also. I may have won a lot or two, but mostly I wasn't close even when my bids were well above the high end of the estimates.

Lot 539 was particularly interesting. There were two pieces in the lot, and the only pictured one was a modern reproduction. I wrote to Goldberg and they confirmed on re-examination that the lot had one original and one reproduction. I wonder if the winning bidder knew what he was doing...

(Of course, it's possible that the winning bidder examined the lot carefully and noticed something special on the unpictured piece and is psyched now for getting a rip. You win some, you lose some...)

jonathan

MikeKing

I agree, think their estimates are generally pretty low, real low. But I don't have enough knowledge on all the different kinds of coins to know if this holds true for all of them. Watching the auction live I saw coins go for much less that what they could have if they spent more time allowingthe coin to sell since the auction, sometimes, went too quickly. Lucky buyer. In a couple of other cases, obvious bidding wars went on raising the hammer price to places I don't think it really deserved to be, unless there was something about the coin I didn't know about.

WWW

I had to bid very strong money to win this one tonight at the Goldberg auction:

northcoin

Interesting toning on that 1917 type one Standing Liberty. Strike looks good. What grade was it holdered at and curious what it went for.

291fifth

<< <i>Interesting toning on that 1917 type one Standing Liberty. Strike looks good. What grade was it holdered at and curious what it went for. >>



Unattractive toning. I would have wanted it at a discount, not a premium.

roadrunner

The Goldbergs have been known for years to list relatively low estimates. Another reason to ignore the estimates and go with your gut. Low estimates can force lots higher and in some cases, lower.

roadrunner

dizzyfoxx

<< <i>

<< <i>Interesting toning on that 1917 type one Standing Liberty. Strike looks good. What grade was it holdered at and curious what it went for. >>



Unattractive toning. I would have wanted it at a discount, not a premium. >>



I couldn't disagree more. That coin has very nice toning and an INCREDIBLE strike for the issue and date. I did not see that one, and if I had, it would be heading my way to join my newp 1906-D Barber. They would have made a very pair or Quarters.

jpkinla

They had a gorgeous $20 1931 Saint in MS65 which I estimate will fetch $110k to $115k with the juice....

Fountainhead

I imagine the pic doesn't do this SLib justice. It appears to be FH and FN, and the colors are probably iridescent.