Traveller Colection
Boosibri
Posts: 12,292 ✭✭✭✭✭
Boosibri
Posts: 12,292 ✭✭✭✭✭
Boosibri
Posts: 12,292 ✭✭✭✭✭
Comments
Shhhhhh!!!!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Hopefully there's a printed catalogue.
Here is a link with some extra information.
https://canadiancoinnews.com/historice-traveller-collection-hidden-for-50-years/
Peace
There will be.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Thanks for the thread.
This is the quote which intrigues me.
“The collection spans all geographical areas and contains exceptionally rare coins often in a state of preservation never seen in modern times. Several types have never been offered in a public auction, highlighting their considerable rarity,” the press release says.
Might be time to start "saving up".
Or pick up some scratchoffs at the Sheetz...
I'm hoping there will be some high-quality pillars from the mints I collect, but I'm not sure the collection is old enough to include coins which hardly ever come up for sale, or that this collector would have had sufficient interest to collect anything I want to buy.
Yeah, me too.
I'm BACK!!! Used to be Billet7 on the old forum.
I would love it if there was some Spanish colonial or South/Central American coins... but I felt like the article was impying it was mostly rare European gold. It will be interesting to follow either way with the great story behind it. If the prices are Bruun Pt.1 levels then I'll have to sit it out.
Fascinating story behind this collection, though it's a few leagues above me in terms of actual purchasing power. Hopefully there's a rare chopmarked coin somewhere in there.
While I would like to be able to buy coins I haven't been able to find, the worst outcome to me would be a surprisingly large selection which draws a lot of bidders who haven't collected the series to this point. I'm not a big budget collector so this would both inflate the price level and price me out of future acquisitions.
Something like this happened when the South Africa Union series was my primary collection up to 2010. The first few years after 2002 when I first really tried to buy it in volume, I couldn't find hardly any of the better dates or much of anything in better quality. I wasn't aware of all the sources, but the prices didn't motivate many collectors to sell what they had.
Then Spinks sold the Remick collection in November 2006 which provided price discovery. The supply increased proportionately after that, but I couldn't or wouldn't pay the new prices as I saw the bubble develop. This was partly behind my decision to sell most of what I had to "cash out".
Curious, it’s a part of the market that I don’t follow. How have prices moved after the initial inflation post the 2006 sale?
Latin American Collection
This will be amazing. I am curious as to the auction venue
Experience the World through Numismatics...it's more than you can imagine.
Spiked into a bubble peak in late 2011 or early 2012 and since cratered. If you're interested, you can get an idea by comparing Heritage sales around 2012 and a few years prior to those since. I sold out by early 2010. Somewhat similar pattern to the 1989 US TPG bubble, but at a much lower scale. Occurred for the same reason, adoption of TPG in that market, but over a longer time period.
It was almost entirely concentrated in ZAR and Union, but the worst aspect was in the 2008 Nelson Mandela 5R which was and still is a piece of pocket change. One of the then two (now 13) MS-69 sold for a reported $338,000 at the prior exchange rate (2.3MM Rand). NGC and PCGS have graded well over 200,000 of this coin, which makes it easily first in the world after a few Morgan and Peace dollars, and maybe a few ASE, but I'd have to check to confirm on the latter.
It's a tiny market by US standards but probably in the top 30 worldwide by market value measured by the more marketable coins; excluding flea market quality coinage and average "collector" grades. I haven't followed prices for many years now, as I have no intent to spend much money on it again. My experience is that most of it is not very marketable outside of South Africa, not just from what I sold myself, but in the price difference I saw inside vs. outside of South Africa.
Heritage sold a good collection last year (I think) and another of the best is coming up in August. A few I've never seen before (Union patterns) and many others which seldom sell which I still consider quite desirable; King George V 1926-1936 proofs and 1874 Burgess patterns.
The article stated that the collector travelled "through the Americas" to buy coins. I'd say that's a pretty good sign.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I would be happy just to be able to add 1 coin I need.
NFL: Buffalo Bills & Green Bay Packers
Maybe the fabled Santiago mint 1 real columnario will finally turn up.
Thanx God I am not a player on this market, not too manny competitors in my field of interest! (except maybe 7jaguars, who seems to always be able to take the cherry from the top of the cake!)
Coinsof1984@martinb6830 on twitter
Hahaha the magical unicorn coin!!! If it does actually exist (I do not believe it does) it would be way out of my price range.
NFL: Buffalo Bills & Green Bay Packers
Good thing I don't collect gold coins. Can't wait to see the catalogue.
If I'm not mistaken, everything in this auction just got 21% more expensive. I am not amused.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
If NAC is shipping from Zurich, I think it'd be 31%. They have a London office which would be 10% but still not ideal.
Life is Just a Bowl of Cherries… not Cherrios
Experience the World through Numismatics...it's more than you can imagine.
No, it's based on country of manufacture, not shipment origin.
chopmarkedtradedollars.com
What if the country of origin does not exist anymore? The Holly Roman Empire, was not part of the European Union... The Saxons were not part of the EU. And so on.
Fantastic question...probably no one has the answer. I'm still trying to figure why Taiwanese coins are subject to Chinese level tariffs.
chopmarkedtradedollars.com
I have been buying most of my coins from the EU & UK, so the tariffs for the EU will come into effect on 9 April 20% and for the UK go into effect 5 April 10%.
One will start paying that when going into customs or where that will be charged, if any?
Never had the need to pay any extra charge when going for customs.
Talking from coins I buy from sites no auctions et-al.
Perhaps they’re thinking China would route everything through Taiwan if they treated Taiwan more favorably?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I s'pose I won't have to pay much import tariff then If I buy at this auction - too bad I can't afford it, anyway.
Hmm those tariffs should apply based on what I heard. I won some coins at Kuenker last month and they urged me to complete the process before 4/2 to avoid tariffs on the coins.
@MrEureka , I've just heard from Malca Amit (who was in contact with Customs directly) that even ancient coins are subject to the tariffs, billed based on the country of manufacture (not the country from which the coins are shipped).
So, Roman/Greek is +20%, and other countries will be dependent upon that country's current rate.
Ridiculous...
Experience the World through Numismatics...it's more than you can imagine.
Collectible coins are a class not subject to any incoming tariff or duty previously... the only "fee" was the nominal one for formal entry.
So do we now believe that this has changed that???
It was already in place but yes, this has made the situation worse.
chopmarkedtradedollars.com
I suspect we will see more cancellations and deferrals from non-US auction houses.
Latin American Collection