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Bowers and Merena, Long Beach

I finaly got around to looking at Bowers and Merena's latest auction offerings. I must say I was a bit disappointed with the selection. I was only looking at the early and seated dollars, but found nothing of interest. In the past I have always been able to find a few things to watch and bid on, and found their service to be great.

Unfortunately, I could not find a single item to even watch in the upcoming auction. I also noticed they are tightening up on their terms. No returns, for ANY reason. Increased shipping, changes in buyback bids, etc.

The first thing that came to mind was, this must be a fallout from the FUN results. Just another sign that the tougher current coin market is starting to emerge for even the major auction houses. Just my sense of things.

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    RYKRYK Posts: 35,801 ✭✭✭✭✭
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    STONESTONE Posts: 15,275
    You must not be seaching for any Naftzger Large Cents then!!! image
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    dbldie55dbldie55 Posts: 7,750 ✭✭✭✭✭
    which auction are you speaking of? The "collectors choice" auction looks about normal to me.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
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    RYKRYK Posts: 35,801 ✭✭✭✭✭
    I have heard from an excessively reliable source (and former forum member aka Dealer F) that it is a Collector's Choice auction. This is one in which the riff-raff like you and I disgorge the lower value coins from our assemblages and dealers dump their cheap dregs and hope to stick someone else with them. Lower your expectations and think Heritage Internet only or Stack's monthly, and you will be of the correct mindset.

    (Dealer F did not provide the second two sentences--this was my editorial opinion)
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    JulianJulian Posts: 3,370 ✭✭✭
    This is not a live auction, just a catalogue sale of mostly bulk items, less suitable for a live floor auction, etc. Still a wealth of coins.

    All coins have value!
    PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
    I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.

    eBaystore
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    LongacreLongacre Posts: 16,717 ✭✭✭


    << <i>I have heard from an excessivelt reliable source (and former forum member aka Dealer F) that it is a Collector's Choice auction. This is one in which the riff-raff like you and I disgorge the lower value coins from our assemblages and dealers dump their cheap dregs and hope to stick someone else with them. Lower your expectations and think Heritage Internet only or Stack's monthly, and you will be of the correct mindset.

    (Dealer F did not provide the second two sentences--this was my editorial opinion) >>





    Certainly not an auction that Longacre would get his hands dirty in.
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
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    lcoopielcoopie Posts: 8,875 ✭✭✭✭✭
    is that "Deep Throat"?
    LCoopie = Les
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    I viewed the lots or lack there of from the Long Beach Bowers And Merena auction and it is very lean. Pretty much a waist of time. This has been going on for a while with them. Just not offering much!
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    sinin1sinin1 Posts: 7,500
    are there any pictures anywhere

    I don't see any on website

    any in the catalog - or is it just discriptions of groups of coins?

    reminds me of Teletrade 10 years ago
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    WTCGWTCG Posts: 8,940 ✭✭✭


    << <i>I finaly got around to looking at Bowers and Merena's latest auction offerings. I must say I was a bit disappointed with the selection. I was only looking at the early and seated dollars, but found nothing of interest. In the past I have always been able to find a few things to watch and bid on, and found their service to be great.

    Unfortunately, I could not find a single item to even watch in the upcoming auction. I also noticed they are tightening up on their terms. No returns, for ANY reason. Increased shipping, changes in buyback bids, etc.

    The first thing that came to mind was, this must be a fallout from the FUN results. Just another sign that the tougher current coin market is starting to emerge for even the major auction houses. Just my sense of things. >>



    This upcoming sale prior to Long Beach is a "Collectors' Choice" auction, which lots mostly consist of bulk items that are more oriented to dealers. These sales are similar to Heritage's "Gallery Sales" auctions which are not advertised to the public. Many of the lots will consist of dozens if not hundreds of coins with many housed in rolls, making photography unfeasible.

    The terms and conditions of this sale are consistent with the "Gallery Sales" and all other prior "Collectors' Choice" sales. Some lots can literally weigh 100 or more pounds so that is why actual shipping costs are billed. Again, the terms in this sale are consistent with the previous similar auctions. There is no "fallout" from FUN or any other prior auction.

    It definitely pays to view the lots in person in these sales before bidding on any lot that includes uncertified coins
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
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    << <i>The first thing that came to mind was, this must be a fallout from the FUN results. Just another sign that the tougher current coin market is starting to emerge for even the major auction houses. Just my sense of things. >>



    I think you have added 2 + 2 and come up with 39.

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