U.S./P.I. COINS - STACK'S SALE - JAN 12 NYC

PHILIPPINECOINEXPERT · January 4, 2009 5:39PM

I SEE THAT THERE WILL SOME OUTSTANDING U.S. PHILIPPINES COINS AT THE JAN 12 STACK'S AUCTION - INCLUDING A PCGS MS62 1906S PESO.
TIED FOR FINEST KNOWN, ALL ORIGINAL, NEW TO THE MARKET, AND A COOL BACK-STORY. WOW!

IloiloKano · January 5, 2009 5:08AM

Do you have a web link?

MacCrimmon · January 5, 2009 8:29AM

Part of the Golden Horn Sale

DorkGirl · January 5, 2009 9:18AM

cacheman · January 5, 2009 9:33AM

speak up...I can't hear you/

PHILIPPINECOINEXPERT · January 5, 2009 5:27PM

MACCRIMMON HAS IT RIGHT ON. THERE'S ALSO AN UNC. 5 CENTAVOS MULE AS WELL. CRAZY RARE P.I. COINS!

PHILIPPINECOINEXPERT · January 5, 2009 5:34PM

DORKGIRL - THANKS FOR THE WELCOME!

CACHEMAN - I AM IN AWE OF YOUR GOETZ COLLECTION - I JUST RECENTLY BOUGHT MY FAVE FROM RON GUTH - THE 25 PF PATTERN WITH THE BIG CROWNED EAGLE. GOT A WAYS TO GO FOR SURE! ABOUT THE ALL CAPS...THAT'S JUST HOW I ROLL, BRO.

jetblack740il · January 5, 2009 5:48PM

For easy browsing of the Philippine coins, go directly to page 19 from lot#4424 to lot#4467. I'm sure to be watching this closely.

IloiloKano · January 8, 2009 4:26AM

<< <i>For easy browsing of the Philippine coins, go directly to page 19 from lot#4424 to lot#4467. >>

For even easier browsing, select Philippines from the drop down list labeled "Denomination". That seems weired, but it works.

IloiloKano · January 8, 2009 4:41AM

Am I the only one who thinks Stack's starting bids are way too high? I mean, these are supposed to be starting bids, so why are several PCGS MS 61 examples starting at prices significantly higher than prices listed in the Red Book for MS 60 condition? I would not be surprized to see final bids end significantly higher, but to start bidding so high??? What am I missing here?

I previously thought I'd be participating by putting in a few bids on less costly items, but not now!

PHILIPPINECOINEXPERT · January 9, 2009 2:23PM

Dear Ilocano,
PERHAPS I CAN OFFER A LITTLE INSIGHT TO YOUR QUERY.OVER THE YEARS I TOO HAVE WONDERED THE SAME. I AM A FIRM BELIEVER THAT ALL LOTS SHOULD START AT ZERO.SO RESPONSES BY SEVERAL DIFFERENT AUCTION HOUSES AND THEIR REPRESENTATIVES OVER THE YEARS WERE AS FOLLOWS.IF WE START ALL LOTS AT ZERO THE AUCTIONS WOULD TAKE SEVERAL DAYS EACH SESSION INSTEAD OF SEVERAL HOURS.SO THE TIME FACTOR IS IMPORTANT ALSO THE CONSIGNINER MAY HAVE A SPECIFIC RESERVE WHICH MUST BE MET; SO THEY PERHAPS HAVE A FORMULA FACTORING THAT AMOUNT INTO THEIR OPENING BID .BUT OF COURSE THEY WILL ONLY ACCEPT A RESERVE AMOUNT THAT THEY BELIEVE WILL SELL. ONE NOT SO NICE MAN ONCE TOLD ME THAT WE'RE HERE TO MAKE MONEY FOR OUR CLIENTS AND ALSO OURSELVES "WE DON'T WANT TO CATER TO BOTTOM FEEDERS" THAT WAS HIS QUOTE NOT MINE.
AS FAR AS PRICING ACCORDING TO THE REDBOOK VALUES, STACKS AND SEVERAL OF THEIR EMPLOYEES HAVE BEEN LONG TIME CONTRIBUTERS TO THE REDBOOK PRICES OVER THE YEARS.
A PERSONAL STORY OF MINE ABOUT REDBOOK PRICES WAS THAT AS A YOUNG LAD I HAD SAVED ALL MY HOLIDAY MONEY AND BAR MITZ. MONEY AND MARCHED DOWN TO A LOCAL COIN SHOP FOR MY FAVORITE COIN AND WHEN I WAS QUOTED A PRICE WELL OVER THE RED BOOK I STATED HEY MISTER THATS PRICED WAY OVER THE REDBOOK .HE THEN SAID "WELL KID GO BUY IT FROM THE REDBOOK"

U.S./P.I. COINS - STACK'S SALE - JAN 12 NYC

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