A Tale of two auctions...

So what is your opinion on these results. In the January 2012 Heritage NYINC auction a 1911 Sixpence in 67 was listed (it was and still is a pop 2/0 coin). This was one I really wanted for my 6d type set but unfortunately I was spent out, I chased is up for a while but at least two bidders kept going and it finally sold for $388 including the juice. Fast forward to March 2013 and the same coin was listed in one of the Heritage weekly auctions (with another Geo. V PCGS 65 sixpence) and I was able to get the pair for $211 including the juice.
Market weakness? Or just a poor auction?
Market weakness? Or just a poor auction?

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Comments
Of course I think have about a tenth that amount in barter, invested in my PCGS MS63.
Interesting to see what the ripple effect of Cyprus Government taxing consumer bank savings at 10%. Will the Europeans shift funds to real assets vs. paper?
Zohar
Some personalities out chasing it were no longer after it?
Was there a similar number of bidders each time?
One year is not much time for the market to shift, necessarily, but it is plenty of time for a few collectors to decide on a new path or have filled the hole. Just a thought
Nonetheless, nice coins!
P.S. Congrats on the fab newp 2/0 and all
Now me, personally, I would not have bid on the coin due to the eye appeal factor (not my cup of tea, this 6 pence). So my point is that I can understand why, perhaps, the bidders of auction #2 were not as strong as the bidders of auction #1. It's certainly possible. I'm not saying the coin wasn't a great purchase on your part. I'm just saying it's not for everyone and this time around you were the most-interested party! So congrats, take your win, and enjoy the spoils!
Amat Colligendo Focum
Top 10 • FOR SALE
I have decided to expand my wantlist to any sort of Heritage auction since. Congrats on the purchase.
myEbay
DPOTD 3
Sorry
I like the coin and need to look at these weekly or monthly auctions
Experience the World through Numismatics...it's more than you can imagine.
<< <i>Market weakness? Or just a poor auction? >>
Answer:
Exeter College Collection euphoria!
Almost every time a superbly constructed coin collection of anything in demand, whether rarities, or condition rarities appears at auction the coins attract considerable interest from collectors either desiring a "piece of the pie", or advanced collectors who realize that certain gem+ dates/denoms. may not appear again anytime soon............and so, THEY CHARGE PALL-MALL, FULL AHEAD.
Almost without exception the commoner issues which bring record prices in a big auction will go wanting years down the road. I've seen this in the Darkside arena going back to Pittman III. JJP had a lot of Canadian that was "common", and actually not in that great condition, and yet the coins brought fairly strong prices. Fourteen years hence, I'd wager only the most judicious buys (they were raw) would come near breaking even.