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Comments on the Heritage wold coins,NY

GOLDSAINTGOLDSAINT Posts: 2,148 ✭
in World & Ancient Coins Forum
Any comments on the Heritage wold coins auction in N.Y. this weekend?

Comments

  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    They are selling a very interesting Polish 5 zlotych proof dated 1930. This is an incredibly rare coin that doesn't seem to ever show up for auction. Consequently, there is some dispute about whether the coin is actually a proof....
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • PreussenPreussen Posts: 2,307 ✭✭✭
    They have some beautiful high grade Hamburg Germany 2 & 3 Marks. - Preussen
    "Illegitimis non carborundum" -General Joseph Stilwell. See my auctions
  • newsmannewsman Posts: 2,658 ✭✭✭
    Two comments:

    1. Lots of really nice coins.

    2. Don't bid on anything I want. image
  • 1960NYGiants1960NYGiants Posts: 3,505 ✭✭✭✭
    1916-C PCGS MS63 Sov, only $28k!

    image
    Gene

    Life member #369 of the Royal Canadian Numismatic Association
    Member of Canadian Association of Token Collectors

    Collector of:
    Canadian coins and pre-confederation tokens
    Darkside proof/mint sets dated 1960
    My Ebay
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>Two comments:

    1. Lots of really nice coins.

    2. Don't bid on anything I want. image >>

    What he said. I'm only bidding on three or four of them -- have at the rest!
  • GOLDSAINTGOLDSAINT Posts: 2,148 ✭
    It looks like Gold may cool the first quarter of 2007. I thought that might dampen spirts some, but I am out bid on more than half of my 37 internet bids with days to go before the floor auction. The prices seem very strong!
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>It looks like Gold may cool the first quarter of 2007. I thought that might dampen spirts some... >>

    We'll see. I have a few max bids on some gold in this sale which will basically be just below melt with the juice. Haven't been outbid yet, though I expect to be. I'll gladly take anything I win at or below melt! Assuming gold doesn't tank in the next week and I'm stuck with my bids, anyway.

    I think that's why gold seems soft here. A lot of people are reluctant to put in their max bids until the last minute because they don't want to commit a bid that assumes a certain minimum spot value of gold, only to have it drop below that after they committed their bids. I decided to throw some caution to the wind there, hoping that might make some people stop watching the item for the total rip. image
  • SYRACUSIANSYRACUSIAN Posts: 6,461 ✭✭✭✭
    I didn't know that you could buy gold at melt value from Heritage.

    They certainly have some spectacular lots,

    such as this 1894, Meiji 27, NGC MS67 yen, estimated at $500-$600, already at $2700. Wasn't JJ after an MS67 yen recently? They also have a nice run of Ministry of Japan encapsulated gold coins from the Meiji period, some very nice Eliasberg silver and copper coins, and lots more, I can rarely think of a HWCA from the recent past that I didn't buy at least one coin, actually last year I bought 7.
    Dimitri



    myEbay



    DPOTD 3
  • StorkStork Posts: 5,206 ✭✭✭✭✭
    That one is nice! I think JamminJ got the one he was after... beautiful and with less toning as I recall.

    Are you having fun Dimitri????


    Cathy

    edited to add...I'm not sure if you've left yet for New York--I am tipsy and losing track of the calander.

  • 3Mark3Mark Posts: 593 ✭✭✭


    << <i>I didn't know that you could buy gold at melt value from Heritage.

    They certainly have some spectacular lots,

    such as this 1894, Meiji 27, NGC MS67 yen, estimated at $500-$600, already at $2700. Wasn't JJ after an MS67 yen recently? They also have a nice run of Ministry of Japan encapsulated gold coins from the Meiji period, some very nice Eliasberg silver and copper coins, and lots more, I can rarely think of a HWCA from the recent past that I didn't buy at least one coin, actually last year I bought 7. >>



    Dimitri:

    The Meiji is now at $3,250 plus the juice. There are many coins in Heritage that are way above the estimates. There won't be any steals on high grade (slabbed and raw) materialimage3Mark
    I'm traveling on memory and running out of fuel.
  • 7Jaguars7Jaguars Posts: 7,577 ✭✭✭✭✭
    I really wonder who the buyers are at some of the listed prices. The main coin I was interested in is already blown out at over 2.5x estimate, which was probably fair to start with. If these are real prices and not a form of shill, I have to begin to think about selling some better stuff through them.
    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • newsmannewsman Posts: 2,658 ✭✭✭
    The one coin I really wanted was a once-in-a-lifetime opportunity. I put a really strong bid in -- more than I could probably afford -- and was blown out by a mail or fax bidder this morning. I wouldn't be surprised to see it go for at least twice the high estimate.
  • satootokosatootoko Posts: 2,720 ✭
    Five bids that I thought were pretty strong - four already nearly doubled, the other one tripled. image
    Roy


    image
  • 1960NYGiants1960NYGiants Posts: 3,505 ✭✭✭✭
    When on-line bidding ended, I had top bid on 13 lots. Checked on 'em before the "live" bidding started and only had two left - and one them both for much less than my max bids.
    Gene

    Life member #369 of the Royal Canadian Numismatic Association
    Member of Canadian Association of Token Collectors

    Collector of:
    Canadian coins and pre-confederation tokens
    Darkside proof/mint sets dated 1960
    My Ebay
  • GOLDSAINTGOLDSAINT Posts: 2,148 ✭
    Well this World auction was very interesting. Nearly the reverse of what generally happens. All of the lower priced stuff sold, and the mid range gold nearly all exceeded the Heritage estimates, while many of the big dollar gold items are still for sale today on the after auction site. One might think that all the billions of dollars in wall street bonuses might have filtered somewhat into this sale, but that does not appear to be the case. On a personal note I finally won eight pieces after increasing bids in the last few hours, paying well above estimates for all but two coins. These coins were all lower to mid range gold.
  • PreussenPreussen Posts: 2,307 ✭✭✭
    These must be record prices image:

    Hamburg 2 Marks 1900, PCGS MS68 - $1,725
    Hamburg 2 Marks 1907, NGC Proof 66 Cameo - $1,035

    This one deserves honorable mention:
    Hamburg 2 Marks, 1877, PCGS MS67, $1,495

    I had several Hamburg lots in this sale, and most brought more than expected. One went unsold, but the picture of the reverse was very unflattering image - Preussen

    This one wasn't mine, but wow! The price is wow, too (I paid $465 for a Proof 67 about a year ago):
    3rd Reich 2 Marks, Luther, 1933-F, NGC Proof 66, $1,035

    edited for spelling image
    "Illegitimis non carborundum" -General Joseph Stilwell. See my auctions
  • coinpicturescoinpictures Posts: 5,345 ✭✭✭


    << <i>
    This one wasn't mine, but wow! The price is wow, too (I paid $465 for a Proof 67 about a year ago):
    3rd Reich 2 Marks, Luther, 1933-F, NGC Proof 66, $1,035
    >>



    I had been watching that one since day 1 and had considered bidding, but once I saw the price creeping up and creeping up I decided against it for the money. Stunning cameo contrast, but the surfaces aren't as clean as I'd like on a 66 (maybe it's the photos, but while I'm impressed, I'm nowhere near that kind of money impressed...)
    Numismotography

    1/2 Cents

    U.S. Revenue Stamps

    image
  • SYRACUSIANSYRACUSIAN Posts: 6,461 ✭✭✭✭


    << <i>

    Dimitri:

    The Meiji is now at $3,250 plus the juice. There are many coins in Heritage that are way above the estimates. There won't be any steals on high grade (slabbed and raw) materialimage3Mark >>





    Larry, you were absolutely right, that Meiji27 MS67 yen closed at $4312.50 and a 1902, Meiji35, PCGS MS66 closed at $2530, incredible prices I think, but both were very nice pieces. On the other hand, the gold Japanese pieces, and especially those from the Japanese Ministry of Finance hoard, all closed way below estimate, to the extent that I ended up winning a lot which I honestly didn't expect to: 1908 10 yen gold, M41,PCGS MS65

    imageimage
    Dimitri



    myEbay



    DPOTD 3
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