@savitale said:
I think the main concern here is about economic uncertainty and how that will affect bidders, particularly at the high end. I think there have been times of greater economic instability than this. Dot com bust ... subprime mortgage bust ... probably others. Did they postpone auctions or withdraw lots at those times? I don't know.
That’s really what I’m getting at. In no way can Pogue be sleeping well at night.
Maybe all will be good
@Justacommeman said:
There appears to be a proposed plan in place to lock down 16 million people for one month in northern Italy. Could happen tomorrow Milan, Parma and Venice would be effected.
Italy has roughly the same population and size as California.16 days ago they had less cases that Cali has today.
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
@Justacommeman said:
Let’s take it one step further. Has any major coin auctions ever been postponed/ canceled due to external events? Is it even a possibility that Stacks could push their next sale back indefinitely?
m
The B&M /ANR auction Martin refers to was slated for NYC the same week that the 911 disaster occurred. Immediately rescheduled. Know of no others.
I’m dead certain it was Stacks. Either Vermuele or the huge dollar sale consigned by Lipton
I believe you are correct. I had a bids in for at least one of the small gold bars that had been recovered from a recent shipwreck recovery and always wondered if it had not been cancelled whether I might have been a winning bidder.
Odds are increasing that this sale will be postponed
m
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
@Justacommeman said:
Odds are increasing that this sale will be postponed
m
I really dont see an option but to delay it. There will always be some buyers regardless of the economic conditions. But without a doubt a large number of collectors just will not be prepared to spend significant amount of dollars on coins while the future is so uncertain. I see no way that the pogue coins will see significant hits to their realization if the auction goes forward as planned.
As you know I’ve felt this way for awhile now. I even delayed posting this thread because I didn’t want to seem an alarmist but the trend was not our friend. Who knows the auction may go on and be a success.
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Well the Stacks Auction will take place as planned in So Cal. I’ve been to several Pogue Auctions. Maybe I will gear up and head to this one as well
m
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Buy a pack of antimicrobial wipes to take with you. Wash your hands often. If possible, buy a pack of N95 masks (ordinary ones for dust exclusion are useless).
Member: EAC, NBS, C4, CWTS, ANA
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
Comments
I thought Mr. Pogue passed away??
FWIW
Italy has roughly the same population and size as California.16 days ago they had less cases that Cali has today.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I believe you are correct. I had a bids in for at least one of the small gold bars that had been recovered from a recent shipwreck recovery and always wondered if it had not been cancelled whether I might have been a winning bidder.
Odds are increasing that this sale will be postponed
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I really dont see an option but to delay it. There will always be some buyers regardless of the economic conditions. But without a doubt a large number of collectors just will not be prepared to spend significant amount of dollars on coins while the future is so uncertain. I see no way that the pogue coins will see significant hits to their realization if the auction goes forward as planned.
As you know I’ve felt this way for awhile now. I even delayed posting this thread because I didn’t want to seem an alarmist but the trend was not our friend. Who knows the auction may go on and be a success.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Well the Stacks Auction will take place as planned in So Cal. I’ve been to several Pogue Auctions. Maybe I will gear up and head to this one as well
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Buy a pack of antimicrobial wipes to take with you. Wash your hands often. If possible, buy a pack of N95 masks (ordinary ones for dust exclusion are useless).
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]