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Auction question

coinkatcoinkat Posts: 23,663 ✭✭✭✭✭
This is a serious set of questions...


You bid on a coin... you do not win it but there is no posting of the hammer price so one assumes there was a reserve and the bid was short of the reserve. The coin was not sold.

questions...

Would it be poor form to contact the auction house and ask what the reserve was?

And that of course leads to the more important question... Is the coin available for sale and if so, at what price?

What y'all thinkin'

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

Comments


  • Auctions don't like selling coins, so it would be in bad form to inquire about the price of a coin they tried to sell
  • BarndogBarndog Posts: 20,509 ✭✭✭✭✭
    call them anyways, who cares about form? They'll tell you or they won't, they could take an offer from you too, who knows?
  • RichieURichRichieURich Posts: 8,525 ✭✭✭✭✭


    << <i>This is a serious set of questions...


    You bid on a coin... you do not win it but there is no posting of the hammer price so one assumes there was a reserve and the bid was short of the reserve. The coin was not sold.

    questions...

    Would it be poor form to contact the auction house and ask what the reserve was?

    And that of course leads to the more important question... Is the coin available for sale and if so, at what price?

    What y'all thinkin' >>



    I have done exactly that. I contacted the auction house, asked what the reserve was, asked if the coin was still for sale, it was, I bought it, and it's a great coin that fits well in the set. Remember the auction house is in business to sell coins, if you hit the reserve and pay the juice, they hae then done what their consignor wanted them to do. So I recommend you call or e-mail the auction house ASAP!

    An authorized PCGS dealer, and a contributor to the Red Book.

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