How did anybody do in Heritage?

canadacolornut · January 3, 2011 6:31AM

I got 2 I really needed; not cheap, but not outrageous either.

Overall I think the bidding was a bit less intense than the one this fall.

Any opinions, results?

Zohar · January 3, 2011 6:46AM

Austrian Talers went up in price. I was outbid on all and will likely not end up buying anything this time around. I am hoping the NYC show will compensate

OchoReales · January 3, 2011 7:09AM

I went 1 for 2 but got a much needed rarity on the cheap!

1813 Potosi 8 Reales Ferdinand IIV (error) NGC45 (closer to 40)

WWW · January 3, 2011 7:28AM

I saw that FERDIN and immediately thought of of OchoReales. I'm glad you got it, Gary!

I am a consignee this time around, but I have my eye on a few coming up in the non-floor session.

wybrit · January 3, 2011 9:18AM

0 for 0, but I did sell a piece.

newsman · January 3, 2011 9:35AM

Not even close.

Zohar · January 3, 2011 11:07AM

This is my problem - an AU-58 Taler sells for $920 (pre tax for NY+shipping) - Taler
I bought these for half of this amount a year ago.

One thing for sure - if I sell, it will be through Heritage.

Silvereagle82 · January 3, 2011 11:15AM

1 out of 8 serious bids !!! Prices were very high imho !! I was unable to watch live, if I had I might have been able to pickup another of my wanted coins

I did get this one for a reasonably high price

Danish West Indies: Christian IX gold 20 Francs - 4 Daler 1905

WWW · January 3, 2011 12:19PM

Congratulations on the 4D, Silvereagle82. That is a very nice looking coin.

MrEureka · January 3, 2011 12:28PM

I couldn't resist this pair.

WWW · January 3, 2011 12:34PM

Oh Andy.... NICE!

Zohar · January 3, 2011 12:43PM

Very nice Irish coin. May I ask why these carry higher prices for 20th century material? Lower mintage?

7Jaguars · January 3, 2011 1:30PM

Not to be crass but what did the 4D go for? I liked that one but had an OGH 64 so let it alone...

jt88 · January 3, 2011 2:39PM

I had 7 winning bids when the online auction closed but all of them were outbided with live auction. I got nothing on this auction. Can't believe it.

worldcoinguy · January 3, 2011 3:12PM

Swing and a miss here also. 0 for 2 with what I thought were decent bids on german state pieces.

Silvereagle82 · January 3, 2011 9:39PM

Well looks like I won another coin and it's of the hammered version

James V (1513-42) gold Crown ND

OchoReales · January 4, 2011 12:04AM

<< <i>I saw that FERDIN and immediately thought of of OchoReales. I'm glad you got it, Gary!

I am a consignee this time around, but I have my eye on a few coming up in the non-floor session. >>

Thanks Bill. I wanted a few more coins but this was all my current budget would allow for. I was willing to pay double for this coin so, all in all, it was a good go around for me. There are currently less than 20 pieces known of this landmark variety/blunder and this piece certainly ranks up there as Condition Census (how far up, I do not know). Thanks for the good thoughts, I'm sure they helped

. Pics of my 3 week Agentina/Bolivia trip (including La Casa de Moneda) and collaberation with the Mint, to follow!

Edited to add; I will have pictures to show at FUN, if anyone is interested. Just PM me. As always, I'm on J. Cline's (SLQ) table!

Zohar · January 4, 2011 12:11AM

Conrad - well done with that piece. Congrats.

JCMhouston · January 4, 2011 2:46AM

I went 0 for 0, there were a couple of shillings that were 1 grade point better than what I have, but they didn't look at pretty as my current ones. I had thought about bidding on the 1797 Tuppance in MS66 but it had an (what I considered) outrageous reserve on it.

1960NYGiants · January 4, 2011 2:10PM

I bid on only one coin and got crushed. Oh well, more cash for the show!

shirohniichan · January 4, 2011 3:26PM

I tracked two and bid on neither. Neither sold, either. I thought the reserves and estimates both high. I wondered if the market has shot up so far that I'd never be able to add such coins to my collection, but perhaps the market isn't nearly as high as the consigners thought.

7Jaguars · January 4, 2011 11:01PM

You know, not anything I can point to but I get the sensation that a few schisms are starting to develop and I am not what I would call a pessimist. Those mid range coins may be subject to some hits here and there - hopefully in my area(s).

JCMhouston · January 4, 2011 11:55PM

One of the things I think I am seeing is a lot of new dealers in World material. They seem to be trying to price World coins as they do US coins. As examples look on Ebay where slabbed World coins with a 1 point grade difference (ie a 64 and a 65) will have BIN price differences of 100% or more, similar to many US coins. I am starting to see a lot of common British stuff, that is all BIN priced rather than auctions, priced at multiples of Seaby pricing because it's a 64 rather than a 63. Hope that doesn't hold for long or I may have to start selling.

7Jaguars · January 5, 2011 1:23AM

Jeff, they may not be buying at these levels though! I just don't know if the market will support this "new" price structuring...

ccrdragon · January 5, 2011 2:38AM

been seeing that trend a lot in the South African coins as well, but judging by how the coins are being relisted week-after-week with no takers, I don't believe the market is going to support the mindset any time soon.

WWW · January 5, 2011 2:47AM

I guess I'm missing something here in this discussion, but comparing eBay BINs to Heritage auction results seems like a bit of a reach.

JCMhouston · January 5, 2011 4:16AM

I don't think it's a reach, we're actually comparing Heritage unmet reserves with high BIN prices. I know a lot of people like to poo-poo ebay, but some pretty decent coins get offered there on occassion.

canadacolornut · January 5, 2011 7:05AM

I agree with that Jeff, and it's always worth a search since it's a long time between Heritage, Stack and Goldberg auctions.

Incidentally i won one of the lots of Canada PL sets. Mixed feelings-like watching your mother in law drive off a cliff in your
new Buick.

On the one hand I can make out very well and get some registry coins out if they haven't been banged up and cherry picked-which
I suspect that they have. On the other I could have some turkeys on my hands that even the butchers won't want

One positive is that floor bidders were in it until the last so I'm assuming they actually LOOKED at the danged things......

SYRACUSIAN · January 5, 2011 8:49AM

The prices aren't bad for world sellers of good material, it's the dollar that's so low. I love that West Indies 4 Daler Silvereagle2, nice start of the year.

wybrit · January 5, 2011 10:00PM

One of the things I think I am seeing is a lot of new dealers in World material. They seem to be trying to price World coins as they do US coins. As examples look on Ebay where slabbed World coins with a 1 point grade difference (ie a 64 and a 65) will have BIN price differences of 100% or more, similar to many US coins. I am starting to see a lot of common British stuff, that is all BIN priced rather than auctions, priced at multiples of Seaby pricing because it's a 64 rather than a 63. Hope that doesn't hold for long or I may have to start selling.

Don't cash them in yet. The BIN prices and high starting bids for the most part are a joke. I see the same pieces offered over and over and over, with no takers (I have been watching several such pieces for months), so 7jags is correct IMO.

coinkat · January 6, 2011 10:46AM

With select series and dates of world coins, I suspect price multiples may in fact be appropriate- for decent coins that rarely surface. The problem is that certain folks expect price multples on coins that are just offered too often

pruebas · January 6, 2011 1:44PM

Very cool error, Gary. Great buy!

How did anybody do in Heritage?

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