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Goldberg Auction....Observations (HEY, I PUT A LOT OF EFFORT INTO THIS REPORT FOLKS)

BearBear Posts: 18,953 ✭✭✭
While I did not attend the auction in person, I did follow
most of it thru E-Bay. There appeared to be very active
internet bidding,with those folks winning about 1/3 of the
lots.
EVERYONE , PLEASE COVER ANY SERIES THAT I DID NOT COVER
IN THIS THREAD. EVEN AN ANIMAL LIKE A BEAR CAN NOT COLLECT
EVERYTHING. MRS BEAR WILL NOT LET ME

Overall, the series that I followed seemed moderate to warm
with an apparent high selectivity towards PQ coins and keys.
Even key coins that were fugly went for around low estimate.

Lincoln Cents.....Seemed fairly hot. Key dates and early dates
went moderately over high estimate. All in all,
most went for good prices, especially the
double dies of which there were several
different dates.

Wash Quarters...Interest in the keys, the rest seemed
somewhat cool going for most part at low
estimate.

Bust Halves......Once again, quality was the key to this series.
Halves in Ms-62 thru MS-64, if they were PQ
original and not messed with, went for
about 10%- to 15% above high estimate. I was
lucky to snag lots #3971, 3976 and 3977 before
my money ran out. Fugly coins went at or below
low estimate.

Morgan Dollars....Went for the most part somewhere between low
and high estimates. I would call the action here only
warm at best . When really spectacular coins or really
wonderful DMPL came up, they tended to do well. Not
many of those in this sale however.

Classic Commems...This series is still mainly domant. If the commem.
was of high grade MS 66 - 67 and had nice color, then
it was bid up to high estimate and a little beyond. No
run away prices here though.

So Called Dollars.....This group again showed selectivity for high
grade and quality. If the item had the goods, it bid up to
and a bit beyond high estimate. One particular note of which
I have personal knowledge, was the HK 299 in NGC-62. I
actually examined this medal and believe it to be under graded

In addition, this medal had an extraordinary full strike on the faces
of Jefferson and Napoleon. This particular silver version of the
medal, has always had a terribly soft strike , even in high grade. It
the opinion of experts in the field and one ,I share, that this example
represents and extremely rare variety that will be called (Full Strike)
by NGC in the not to distant future.

Seeing it for what it was and
what it will become, I bought the medal. While the estimates was
for 200-300 dollars, the medal bid up to 1050 dollars. I suppose" you
bets your money and you takes your chances".

I did not stick around for the fabulous gold section of the sale. I bet that priced bid
will blow the roof off on this one.





image
There once was a place called
Camelotimage

Comments

  • SunnywoodSunnywood Posts: 2,683
    Wow, bear had so much to say that he had to write it single-spaced !!! You know it's an important information-packed post when bear uses single line spacing !!!

    Thanks for the report on the auction !! image
  • BajajimBajajim Posts: 529
    Your observations are greatly appreciated Bear!
  • JZraritiesJZrarities Posts: 2,583 ✭✭✭
    THANKS for the Great Report BEAR.
  • TomBTomB Posts: 22,254 ✭✭✭✭✭
    Thanks, Bear. That was a really nice report to read.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • I appreciate the effort you took! I didn't follow the auction so am very happy to hear your observations.
  • mach19mach19 Posts: 4,002 ✭✭
    image Fantastic my friend, Have a great weekend image
    TIN SOLDIERS & NIXON COMING image
  • pursuitoflibertypursuitofliberty Posts: 7,432 ✭✭✭✭✭
    Thanks Bear ... nice to have a feel for the auction ... that was a really good report! image



    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
  • Kudo's on a nice report Bear
    There is nothing like an uncirculated set of washington quarters!!!
  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    great job bear, thanks for posting it image
    image

    Go BIG or GO HOME. ©Bill
  • This content has been removed.
  • mozinmozin Posts: 8,755 ✭✭✭
    Bear, thanks for the nice report. I was not aware you were buying MS Bust Half Dollars.
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • BearBear Posts: 18,953 ✭✭✭
    Those series not mentioned ,are the ones I do not collect.

    thus, I am afraid that I did not watch the dimes , half dimes

    and nickels. Sorry about that.
    image
    There once was a place called
    Camelotimage
  • BearBear Posts: 18,953 ✭✭✭
    Yes, I have had an ongoing relationship
    with Bust halves for years. This time, I am
    putting away a few in my A Box and there
    they will stay until I am placed,in my A Box.image
    There once was a place called
    Camelotimage
  • RichieURichRichieURich Posts: 8,585 ✭✭✭✭✭
    Good report Bear, thanks for posting it.

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

  • tmot99tmot99 Posts: 5,238 ✭✭✭
    I was following a couple of the medal lots, not even the SC$ lots. The medal lots that I was interested in went for a lot less than they should have. However, due to bidding live online, I was not able to execute a proper bid ontime. I had placed a high absentee bid online as soon as the auction was posted with plans to watch it live and see where it went. I was also pretty sure that I would be outbid, but wasn't going to let it be by only one increment. Well, it kept going back and forth between my previous bid and a floor bid. Then my high bid had been reached. So I clicked to submit a new bid, but the lot had closed. Went from the floor bid to closed in less than a second. The lot I was specifically tracking had an HK308 the last of which sold at Heritage (and was graded) for well over $2000. It was graded a MS62. The one at Goldbergs was described as AU. However with 2 other items in the lot, seems cheap at $650.
  • fastrudyfastrudy Posts: 2,096
    Thanks for the report, Bear. Go to the river and nail yourself a nice salmon. Or a jelly donut!
    Successful transactions with: DCarr, Meltdown, Notwilight, Loki, MMR, Musky1011, cohodk, claychaser, cheezhed, guitarwes, Hayden, USMoneyLover

    Proud recipient of two "You Suck" awards
  • LeeGLeeG Posts: 12,162
    Great report Bear. image Thanks for taking the time!


    image


    image
  • IGWTIGWT Posts: 4,975
    Nice report,

    Bear.

    Thank you.
  • GoldbullyGoldbully Posts: 18,073 ✭✭✭✭✭
    Classic Commems...This series is still mainly domant.


    Thanks for the great report Bear.

    Now, when you hibernate in the Winter, do you become "domant?" image
  • Great report Bear thank yo for the infoimage
  • tjkilliantjkillian Posts: 5,578 ✭✭✭
    Good information, Bear. Just a lesson to all: Nice looking, original coins are the ones appreciating the most.

    What coins did you actually win?
    Tom

  • DJCoinzDJCoinz Posts: 3,856
    Great report Bear. image
    aka Dan
  • MFHMFH Posts: 11,720 ✭✭✭✭


    << <i>Those series not mentioned ,are the ones I do not collect. ,,, Sorry about that.
    image >>



    Gave up on Barbers ???

    Mike Hayes
    ~~~~~~~~~~~~
    Coin collecting is not a hobby, it's an obsession !

    New Barber Purchases
  • fcfc Posts: 12,796 ✭✭✭
    for what people call "rare coins" there sure seems to be a metric
    ton of them for sale every 3 months. yawn.
  • BearBear Posts: 18,953 ✭✭✭
    Actually, a lot of the coins are really not up to snuff. I see
    this most in the Heritage Auctions. Much of the material is stale,
    recycled stock, NCS processed coins, marginal and fugly coins.
    You have to really do you homework as to which are the coins
    you should be placing in your collection. Then you have to study
    again to decide how much to bid in order to have a chance of
    winning. The last thing you have to work on is a strategy for
    which coins are your priority and which coins are back up bids,
    if you loss the bids on your priority coins.
    There once was a place called
    Camelotimage
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    Well done, Bear! Thank you!
  • BearBear Posts: 18,953 ✭✭✭
    For those who missed it.image
    There once was a place called
    Camelotimage
  • SkyManSkyMan Posts: 9,555 ✭✭✭✭✭
    I don't collect Buffalos, but was watching that portion of the auction as I was interested in getting lot 3914, a PCGS MS67 1938-D, for my Type Set. If you like Toned Buffs, there was a gorgeous collection up for sale...

    Nickels

    Given the eye appeal of the Buffs essentially all of them brought strong money and more than a few brought stupid money. For example, the lot I bid on was estimated to go for $300 - $350. I bid until $725 and was still blown away, the final price was $1,600 (NOT including the commission). Other lots that went well over estimate included 3846, 3895 and 3907.

    The only other portion of the auction that I was paying attention to was Classic Commems, and Bear nailed it with his comments on their prices.
  • capecape Posts: 1,621
    I will add that these buffalo nickels that were bid to the moon were original surfaces and gorgeous as I have seen them firsthand and I'M sure all these moon money buffs that were in ths auction are easy 1 or 2 point upgrades! I'll spend 16k anytime if the coin is original and an easy upgrade or 2.image
    ed rodrigues
  • caitlincaitlin Posts: 858 ✭✭✭
    Bear
    Thanks for the report, I was one of the nuts that spent stupid money for 3 Buffs at the Goldberg auction, and one was #3846
    A collector of high grade TONED BUFFALO NICKELS ,working on a PCGS REGISTRY SET.
  • BearBear Posts: 18,953 ✭✭✭
    Of course ,we are all nuts. Otherwise we
    wouldn't be coin collectors. After a while
    we develop a compulsion for truly beautiful
    coins. After I spend a great deal of money,
    I usually feel a little ill, but still, I can not help
    my self. By the way, a truly beautiful
    stupendous buffalo you got yourself. Please
    post a picture of it on this thread. I would do it
    myself for you, but I do not know how. The only
    reason I never collected buffaloes, they leave such
    a terrible mess around the house. You just can
    not housebreak a buffalo you know.image
    There once was a place called
    Camelotimage
  • FletcherFletcher Posts: 3,294
    Nice report image


  • TwoSides2aCoinTwoSides2aCoin Posts: 44,689 ✭✭✭✭✭
    Thank you , bear. I hope Ira comes and shares, too. I'd like to get his perspective on it.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    The Gold auction live right now is hammering strong prices!
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • caitlincaitlin Posts: 858 ✭✭✭
    Bear here ya go . lot#3846 imageimage
    A collector of high grade TONED BUFFALO NICKELS ,working on a PCGS REGISTRY SET.
  • caitlincaitlin Posts: 858 ✭✭✭
    Heres another.imageimage
    A collector of high grade TONED BUFFALO NICKELS ,working on a PCGS REGISTRY SET.
  • caitlincaitlin Posts: 858 ✭✭✭
    Heres a 3 leg that CAPE picked up.imageimage
    A collector of high grade TONED BUFFALO NICKELS ,working on a PCGS REGISTRY SET.
  • BearBear Posts: 18,953 ✭✭✭
    One would think, that for the money you paid, the least

    you could expect would be four legs on your buffaloes.image
    There once was a place called
    Camelotimage
  • Great report Bear, thanks. BTW, haven't seen you yet at Long Beach -- are you coming?

    Mikey
    DE FALCO NUMISMATIC CONSULTING
    Visit Our Website @ www.numisvision.com
    Specializing in DMPL Dollars, MONSTER toners and other Premium Quality U.S. Coins

    *** Visit Mike De Falco's NEW Coin Talk Blog! ***
  • BearBear Posts: 18,953 ✭✭✭
    Mikey, I will be there tomorrow, Saturday. Snorting, roaring

    and stomping anyone that gets in my way.Better have your

    "A" Box at the ready.image
    There once was a place called
    Camelotimage

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