Australian-Coins Forum

Numismatic Discussion => Coin Chit Chat => Topic started by: dcoin on January 15, 2014, 06:11:43 PM

Title: Roxbury's Auction
Post by: dcoin on January 15, 2014, 06:11:43 PM
Roxbury's has just released its upcoming auction catalogue, seems to have ALOT more quality material than their usual auctions, hopefully a good sign for the year ahead and may include some ex-rare coin company stock???

The $1,000 note in particular will be of high interest to see how it goes, slightly out of my price range though......:laughingneqw:

https://www.roxburys.com/
Title: RE: Roxbury's Auction
Post by: Fr45h3R on January 15, 2014, 06:46:54 PM
Quote from: 'dcoin' pid='39677' dateline='1389771703'Roxbury's has just released its upcoming auction catalogue, seems to have ALOT more quality material than their usual auctions, hopefully a good sign for the year ahead and may include some ex-rare coin company stock???

The $1,000 note in particular will be of high interest to see how it goes, slightly out of my price range though......:laughingneqw:

https://www.roxburys.com/

ssshhh... don't tell everyone :angel:
Title: RE: Roxbury's Auction
Post by: purplepennyhunter on January 15, 2014, 06:56:33 PM
I find that catalogue completely useless. The only way to buy is to visit and view. They don't even supply slab numbers so you can look up the PCGS graded coins' images yourself.
Title: RE: Roxbury's Auction
Post by: Fr45h3R on January 15, 2014, 07:23:15 PM
Quote from: 'purplepennyhunter' pid='39684' dateline='1389774393'I find that catalogue completely useless. The only way to buy is to visit and view. They don't even supply slab numbers so you can look up the PCGS graded coins' images yourself.

I got caught out once, they listed the grade, not the colour of a copper coin. Was even specified red and brown in description, turned out to be a BN coin (still a nice coin though)
They've done it on some lots this time but I'll check the colour before bidding.

-rob
Title: RE: Roxbury's Auction
Post by: dcoin on January 15, 2014, 07:36:02 PM
Quote from: 'Fr45h3R' pid='39686' dateline='1389775995'
Quote from: 'purplepennyhunter' pid='39684' dateline='1389774393'I find that catalogue completely useless. The only way to buy is to visit and view. They don't even supply slab numbers so you can look up the PCGS graded coins' images yourself.

I got caught out once, they listed the grade, not the colour of a copper coin. Was even specified red and brown in description, turned out to be a BN coin (still a nice coin though)
They've done it on some lots this time but I'll check the colour before bidding.

-rob

Don't ever purchase a coin sight unseen, even PCGS. You may get lucky, however, generally it's not a good idea in my experience.
Title: RE: Roxbury's Auction
Post by: Bigfellani5 on January 15, 2014, 08:09:08 PM
There is a nice Hogarth and Ericsson token in there. Never seen one of these before in real life.
Title: RE: Roxbury's Auction
Post by: nealeffendi on January 16, 2014, 09:32:15 AM
Some of the estimates seem way to low. PCGS MS64 Centenary florins at $450? They sell for double that. 1956 sixpences in MS64 have a blue sheet of $250, so why a $100 estimate?
Title: RE: Roxbury's Auction
Post by: stevo1962 on January 16, 2014, 11:29:25 AM
Quote from: 'nealeffendi' pid='39702' dateline='1389826935'Some of the estimates seem way to low. PCGS MS64 Centenary florins at $450? They sell for double that. 1956 sixpences in MS64 have a blue sheet of $250, so why a $100 estimate?

Probably to drum up some interst for people that think they might
get them cheap
Title: RE: Roxbury's Auction
Post by: duggee27 on January 16, 2014, 11:57:49 AM
do not forget to add buyers premium of 20% plus 3% card fee if applicable:dodgy:


from cattledog....
Estimates
Estimates included in this catalogue are intended as a guide only. Lots may sell higher or lower. For most regular items the estimate is based on
the current market value. However, for rare, unique and unusual items and bulk lots, the estimate serves only as an educated guess and may sell
higher.
Title: RE: Roxbury's Auction
Post by: Bigfellani5 on January 16, 2014, 12:05:21 PM
It may also be a bit of a reflection of the reserve if any on the item
Title: RE: Roxbury's Auction
Post by: markn on January 16, 2014, 12:30:52 PM
Low estimates are also a great way enhancing how strong an auction appeared to be.  It's far sexier for an auction report in CAB to say "Centennial florins were particularly strong with PCGS graded examples achieving nearly 3 times estimate".  The alternative is "*crickets chirping because we estimated the coins accurately*".

Of course it could just be a mistake on behalf of the cataloger.
Title: RE: Roxbury's Auction
Post by: Steveqld on February 10, 2014, 03:43:35 PM
Unrelated to low estimates but I had my eye on lot 473 described as:

1922 (sixpence) SCARCE Struck on rusty dies, Usual Weakness EF Est $160.

That sounded fair but I would have put it at aEF.  The surface was showing some wear and very small "pitting" that I take was from the rusty dies, discoloured and not really an attractive coin but about the price I was after.

Blue book has an EF valued at $130

What happened?  It went for $1200, well above the blue book value of even Unc. Did I miss something?????
Title: RE: Roxbury's Auction
Post by: Goldseeker on February 10, 2014, 08:49:26 PM
Maybe as it was a one off issue?
Title: RE: Roxbury's Auction
Post by: markn on February 11, 2014, 08:09:26 AM
Quote from: 'Steveqld' pid='41315' dateline='1392009215'Unrelated to low estimates but I had my eye on lot 473 described as:

1922 (sixpence) SCARCE Struck on rusty dies, Usual Weakness EF Est $160.

That sounded fair but I would have put it at aEF.  The surface was showing some wear and very small "pitting" that I take was from the rusty dies, discoloured and not really an attractive coin but about the price I was after.

Blue book has an EF valued at $130

What happened?  It went for $1200, well above the blue book value of even Unc. Did I miss something?????

Maybe it was UNC.  I've picked up a couple of 1922 6d's described by dealers at EF that were clearly UNC.  They are a notoriously weakly struck year and that can fool people.  Perhaps it didn't fool a couple of people in the Roxbury's auction.
Title: RE: Roxbury's Auction
Post by: wwwww on February 11, 2014, 11:08:24 AM
Quote from: 'Steveqld' pid='41315' dateline='1392009215'Unrelated to low estimates but I had my eye on lot 473 described as:

1922 (sixpence) SCARCE Struck on rusty dies, Usual Weakness EF Est $160.

That sounded fair but I would have put it at aEF.  The surface was showing some wear and very small "pitting" that I take was from the rusty dies, discoloured and not really an attractive coin but about the price I was after.

Blue book has an EF valued at $130

What happened?  It went for $1200, well above the blue book value of even Unc. Did I miss something?????

Obviously it was mint state. The 1922 is often undergraded due to their poor reverse strikes.
Title: RE: Roxbury's Auction
Post by: trout on February 11, 2014, 11:47:34 AM
QuoteObviously it was mint state. The 1922 is often undergraded due to their poor reverse strikes.
It would be nice to spot something like this without anyone else spotting it :yahoo:
I know it happens on eBay so it must happen at live raw coin auctions occasionally :)
Title: RE: Roxbury's Auction
Post by: Steveqld on February 11, 2014, 11:58:10 AM
I might have to lower my expectations then.  Many thanks.
Title: RE: Roxbury's Auction
Post by: stevo1962 on February 11, 2014, 01:28:09 PM
Would be interesting to know how this one would grade
considering the case for weak reverse strike

[attachment=2692]
[attachment=2693]
Title: RE: Roxbury's Auction
Post by: trout on February 11, 2014, 01:44:31 PM
Quote from: 'stevo1962' pid='41367' dateline='1392087489'Would be interesting to know how this one would grade
considering the case for weak reverse strike




Only one way to find out for certain :winkextra::whistle2:
Title: RE: Roxbury's Auction
Post by: stevo1962 on February 11, 2014, 02:16:21 PM
Quote from: 'trout' pid='41368' dateline='1392088471'
Quote from: 'stevo1962' pid='41367' dateline='1392087489'Would be interesting to know how this one would grade
considering the case for weak reverse strike




Only one way to find out for certain :winkextra::whistle2:

Probably only worth sending if it grades to AU but this coin has me stumped as it has 8 clear pearls but but looks like too much wear on the reverse to match the condition of the obverse.Or is it weak reverse strike?
Title: RE: Roxbury's Auction
Post by: trout on February 11, 2014, 02:22:17 PM
To me the way the way the high points are flattened and not "weakly formed" on the reverse suggest wear to me .
This could have spent quite some time in a "Push in" album and that would explain the reason the obverse is not affected :ok:
Title: RE: Roxbury's Auction
Post by: Steveqld on February 11, 2014, 03:39:26 PM
My grading skills are obviously shot on this coin but the high points (Roo shoulder and emu feathers) on the reverse of this one seem as good as the one I saw on Saturday.  Can't recall the flat spot on the top of the star and the weakness in the lettering.  The fields are better.

http://www.ebay.com.au/itm/1922-SIXPENCE-HIGH-GRADE-/111273718142?pt=AU_Coins2&hash=item19e86e317e
Title: RE: Roxbury's Auction
Post by: markn on February 11, 2014, 03:56:36 PM
Quote from: 'stevo1962' pid='41369' dateline='1392090381'Probably only worth sending if it grades to AU but this coin has me stumped as it has 8 clear pearls but but looks like too much wear on the reverse to match the condition of the obverse.Or is it weak reverse strike?

Dish shaped dies.  The obverse die was convex resulting in a concave obverse and thus it's protected and a lot less worn.  Reverse die was concave resulting in a convex reverse and hence it's a lot more worn. I believe this was a deliberate design by the mint to extend die life.

 I'd grade that coin UNC/EF.  The reverse is too far gone for AU IMHO.
Title: RE: Roxbury's Auction
Post by: stevo1962 on February 11, 2014, 04:05:41 PM
Quote from: 'markn' pid='41375' dateline='1392096396'
Quote from: 'stevo1962' pid='41369' dateline='1392090381'Probably only worth sending if it grades to AU but this coin has me stumped as it has 8 clear pearls but but looks like too much wear on the reverse to match the condition of the obverse.Or is it weak reverse strike?

Dish shaped dies.  The obverse die was convex resulting in a concave obverse and thus it's protected and a lot less worn.  Reverse die was concave resulting in a convex reverse and hence it's a lot more worn. I believe this was a deliberate design by the mint to extend die life.

 I'd grade that coin UNC/EF.  The reverse is too far gone for AU IMHO.

 So in that case it may be worth sending to PCGS but how would they grade it?
Title: RE: Roxbury's Auction
Post by: markn on February 11, 2014, 04:15:50 PM
Quote from: 'stevo1962' pid='41376' dateline='1392096941'So in that case it may be worth sending to PCGS but how would they grade it?

Now that I am not being pestered by a child I''d revise my obverse grade down to AU.  The fields don't look quite as nice as they did at first glance.

I think they'd grade it AU53 or AU55.
Title: RE: Roxbury's Auction
Post by: stevo1962 on February 11, 2014, 04:23:38 PM
Quote from: 'markn' pid='41377' dateline='1392097550'
Quote from: 'stevo1962' pid='41376' dateline='1392096941'So in that case it may be worth sending to PCGS but how would they grade it?

Now that I am not being pestered by a child I''d revise my obverse grade down to AU.  The fields don't look quite as nice as they did at first glance.

I think they'd grade it AU53 or AU55.

So definately worth sending over that being the case
Title: RE: Roxbury's Auction
Post by: markn on February 11, 2014, 05:07:14 PM
Quote from: 'stevo1962' pid='41378' dateline='1392098018'
Quote from: 'markn' pid='41377' dateline='1392097550'
Quote from: 'stevo1962' pid='41376' dateline='1392096941'So in that case it may be worth sending to PCGS but how would they grade it?

Now that I am not being pestered by a child I''d revise my obverse grade down to AU.  The fields don't look quite as nice as they did at first glance.

I think they'd grade it AU53 or AU55.

So definately worth sending over that being the case

I can't say.  Don't know how much you paid for it.  Can't tell from the pics if it's cleaned.  Don't know what your long term goals for your collection are.
Title: RE: Roxbury's Auction
Post by: stevo1962 on February 11, 2014, 05:33:27 PM
Quote from: 'markn' pid='41382' dateline='1392100634'
Quote from: 'stevo1962' pid='41378' dateline='1392098018'
Quote from: 'markn' pid='41377' dateline='1392097550'
Quote from: 'stevo1962' pid='41376' dateline='1392096941'So in that case it may be worth sending to PCGS but how would they grade it?

Now that I am not being pestered by a child I''d revise my obverse grade down to AU.  The fields don't look quite as nice as they did at first glance.

I think they'd grade it AU53 or AU55.

So definately worth sending over that being the case

I can't say.  Don't know how much you paid for it.  Can't tell from the pics if it's cleaned.  Don't know what your long term goals for your collection are.

Paid $175 and slabbing it should improve the value for when I
eventually sell it