Noble Auction has started this morning and live bidding is available
http://www.noble.com.au/live
Lot 90 $1 mule estimate $200.
I'm sure it will go for a lot more.
Quote from: 'jens coins' pid='62541' dateline='1416267212'Lot 90 $1 mule estimate $200.
I'm sure it will go for a lot more.
Low estimate so people think they have a chance of getting it cheap and then they get caught up in auction fever and potentially bid high
thanks stevo! I now have my morning viewing!
The estimates are extremely low. I think this indicates that the market for coins and notes has been in decline for some years now. They need to put low estimates to attract people to bid.
On the other hand when the market is booming they put high estimates and everyone gets swept up in the excitement and bids despite the ludicrous prices.
I have a friend who values & grades lots for auction house/s
The commission/fee for service for this work is only based on the estimate that the auction house lists the lot for (not the sale price or 'value')
Lot 90
Sale 107 Mis-strikes
ELIZABETH II, one dollar, 2000, struck with obverse die for ten cents. Very fine.
Estimate $200
SOLD $450
Quote from: 'robbiegal' pid='62557' dateline='1416293185'I have a friend who values & grades lots for auction house/s
The commission/fee for service for this work is only based on the estimate that the auction house lists the lot for (not the sale price or 'value')
Lot 90
Sale 107 Mis-strikes
ELIZABETH II, one dollar, 2000, struck with obverse die for ten cents. Very fine.
Estimate $200
SOLD $450
Went cheaply but that's the state of the game ATM
Yeah Stevo, saw the selling price and had a squizz at the cattledog. No doubt one would have had to have seen it in hand as the pics were (well to me at least) at bit hard to discern any damage/grade.
Hey Guys & Gals, Mules seem to have taken a beating across the board over the last few months,great time to buy a higher grade one if you have the $$$'s but bad time to sell.
Managed to pick this up last night .It was touch and go for a while
as we had a power outage.Another coin for the registry set
(http://www.australian-coins.net/gallery/albums/userpics/10137/21a.jpg)
(http://www.australian-coins.net/gallery/albums/userpics/10137/21b.jpg)
Quote from: 'stevo1962' pid='62590' dateline='1416355990'Managed to pick this up last night .It was touch and go for a while
as we had a power outage.Another coin for the registry set
Was watching when that one went through, and it was enjoyable to sit a watch the auction live. I didn't bid live, but had placed a bid earlier on the Mohur with no luck. :cray:
Quote from: 'robbiegal' pid='62557' dateline='1416293185'I have a friend who values & grades lots for auction house/s
The commission/fee for service for this work is only based on the estimate that the auction house lists the lot for (not the sale price or 'value')
Lot 90
Sale 107 Mis-strikes
ELIZABETH II, one dollar, 2000, struck with obverse die for ten cents. Very fine.
Estimate $200
SOLD $450
Whoever did the grading (and/or typing up the catalogue) wasn't paying attention for this auction. Lot 546 is 1918I and 1926 both
Indian dies:huh: and lot 547 is listed as No Dot when it is CBL and Dot Below (I can recognise the particular die pair and dozens of mine have a visible faint dot).
So if I can spot a few mistakes in coins I know then how many other mistakes are there in coins I'm a novice at?
maybe you should get a job with them then
for the external grader who I know
they send the coin
he grades, verifies and values
and then sends them back
not sure if you also have to set it up in the auction presentation sleeve as well or if they do it
then you send it back and you get a fee for service paid & to my knowledge it is a % of the listed estimate (not the valuation that you give)
it is really an external verification of the coin, type etc
I doubt if those coins would be the sort they'd send out
but anyways - worth a thought
others here might know how to get that sort of numismatic work
There would have to be a lot of trust with the external valuer
Quote from: 'robbiegal' pid='62596' dateline='1416377804'maybe you should get a job with them then
Then we wouldnt get any more bargains
nice 1921 you got yourself there Stevo
Quote from: 'robbiegal' pid='62598' dateline='1416378180'nice 1921 you got yourself there Stevo
Thanks Robbie it was a bit of a gamble so I hope its ok
I think that is the name of the game. My guess is MS62 RB although if that is PVC damage then you are in strife I suppose
Quite a few pics were out of focus.
And the photo resolution (500 x 500) has never been good enough anyway.
For expensive stuff its poor I reckon.
I bought a few half sovs and paid well over estimate.
Hope they are OK...
My guess for that 21 halfpenny is 63RB.
Maybe 63+
I almost bid on it myself.
Quote from: 'echidna' pid='62602' dateline='1416393339'Quite a few pics were out of focus.
And the photo resolution (500 x 500) has never been good enough anyway.
For expensive stuff its poor I reckon.
I bought a few half sovs and paid well over estimate.
Hope they are OK...
My guess for that 21 halfpenny is 63RB.
Maybe 63+
I almost bid on it myself.
Thanks Dave it is always hard to nail down a grade from their photos so remote bidding will always be a gamble especially when there is stiff competition and you end up paying over the odds
echidna did you win the 1891-S Choice Unc 1/2 Sov with the $1000 estimate?
That coin was a stunner, I put it at MS62+ in my books (commercial UNC Victorian half sovs are rarely MS slabbable so a 62+ grade is incredibly high).
It sold for 2 or 3 times the estimate though still a good buy.
Quote from: 'wwwww' pid='62640' dateline='1416477086'echidna did you win the 1891-S Choice Unc 1/2 Sov with the $1000 estimate?
That coin was a stunner, I put it at MS62+ in my books (commercial UNC Victorian half sovs are rarely MS slabbable so a 62+ grade is incredibly high).
It sold for 2 or 3 times the estimate though still a good buy.
There was a bidding war on that one.
It looks like I got it in the end.
I have never seen one in UNC.
Even at MS62 I'd value it much higher.
I bid for the first time with Noble this week.
I was disappointed with the experience as I felt the postal bidder's representative often calls out the bidders maximum bid rather than letting the auctioneer start the bidding at or below the estimate and letting the demand determine the price.
I just felt they didn't look after the interests of postal bidders. Can anyone comment on this?
Quote from: 'dreamcatcher' pid='62655' dateline='1416487844'I bid for the first time with Noble this week.
I was disappointed with the experience as I felt the postal bidder's representative often calls out the bidders maximum bid rather than letting the auctioneer start the bidding at or below the estimate and letting the demand determine the price.
I just felt they didn't look after the interests of postal bidders. Can anyone comment on this?
I have noticed that as well.It is a bit unfair and they shouldn't be doing it
I suspected the same after hearing a couple of opening bids that were way above the current starting point following the end of preliminary internet bidding. It flys in the face of what is documented on how the bidding will be progressed.
I had placed an early internet bid on one lot of which I was the high bidder at the completion of the preliminary round. Didn't see how the live bidding ensued, but I didn't win the coin and was the underbidder. Sure does put a bad taste in the mouth to think they may have submitted my top limit as the opening bid, not that it matters greatly on this occasion as I didn't win the coin. But if that one person who wanted the coin more than I did had not bid, I was gauanteed to pay an amount equal to my upper limit.
Not happy if this is what is happening.
I MUCH prefer numisbid, It runs just like a regular auction.
NO shenanigans like the Noble auctions :good:
Most public auction houses start bidding at the highest bid of the highest postal bid, in my experience only Edlins (and Numis Bid) do it properly (start at one step above the 2nd highest bid and bid on behalf of the postal).
Quote from: 'echidna' pid='62642' dateline='1416478204'Quote from: 'wwwww' pid='62640' dateline='1416477086'echidna did you win the 1891-S Choice Unc 1/2 Sov with the $1000 estimate?
That coin was a stunner, I put it at MS62+ in my books (commercial UNC Victorian half sovs are rarely MS slabbable so a 62+ grade is incredibly high).
It sold for 2 or 3 times the estimate though still a good buy.
There was a bidding war on that one.
It looks like I got it in the end.
I have never seen one in UNC.
Even at MS62 I'd value it much higher.
You won't regret it, I dropped out at $2500 as I wanted a fighting chance on the pre-decimal proofs. I won the 1864 1/2Sov which I rated at AU58 - I'm guessing I got that cheap because the obverse is softly struck.
Quote from: 'dreamcatcher' pid='62655' dateline='1416487844'I bid for the first time with Noble this week.
I was disappointed with the experience as I felt the postal bidder's representative often calls out the bidders maximum bid rather than letting the auctioneer start the bidding at or below the estimate and letting the demand determine the price.
I just felt they didn't look after the interests of postal bidders. Can anyone comment on this?
There is often dodgy stuff going on with such auctions.
And they treat most bidders very poorly.
I have had shocking experiences with these big auction houses.
But at the end of the day they have the best coins.
(http://i1213.photobucket.com/albums/cc462/joseywales10/1903halfsov_a1_zpsdcb64974.jpg)
(http://i1213.photobucket.com/albums/cc462/joseywales10/1903halfsov_a2_zps484e3d3d.jpg)
Got a couple in the latest Nobles auction.
Including this nice half sov.
To their credit they took a return on another item that had been badly cleaned.
I dont trust their grading 100% and the pics are not the best but good to know you can send it back if there is a problem.
Far better than some of the other auction houses that are a "House of horror" when it comes to returns.
Cant mention any names of course...
Quote from: 'echidna' pid='63681' dateline='1418545503'Got a couple in the latest Nobles auction.
Including this nice half sov.
To their credit they took a return on another item that had been badly cleaned.
I dont trust their grading 100% and the pics are not the best but good to know you can send it back if there is a problem.
Far better than some of the other auction houses that are a "House of horror" when it comes to returns.
Cant mention any names of course...
Good to know Nobles will take returns if something is amiss.
Quote from: 'echidna' pid='62704' dateline='1416565580'There is often dodgy stuff going on with such auctions.
And they treat most bidders very poorly.
I have had shocking experiences with these big auction houses.
But at the end of the day they have the best coins.
FWIW i agree 100%,its extreme buyer beware with any auction,so easy to manipulate the end result up or down.
"Most public auction houses start bidding at the highest bid of the highest postal bid, in my experience only Edlins (and Numis Bid) do it properly (start at one step above the 2nd highest bid and bid on behalf of the postal)."
This is fraud in my view. It's not a tender, it's an auction, and postal bidders are entrusting the auction house with the confidentiality of their bids and expect to pay what the market demands, not simply their highest bid!
Aside from the legal aspects, it's bad business in my opinion. If they bid at the highest level of postal bidders then postal bidders will need to keep their bids conservative to avoid paying too much resulting in an overall lower realisation and less income for them.
Not doing the postal bids with them any more but managed to pick this one up
on the live auction today.It will be interesting to see their take on "Full Mint Bloom"
when I finally get it
http://www.noble.com.au/auctions/lot/?id=337299
Looks like a winner.!
A real estate agent doing that with proxy bids would be in big trouble. Seems unethical to me and I agree, not a true auction.
Khalil might be right but it doesn't lessen the pain
At least it sounds like your bids worked I was live bidding on some of the error coins (no surprises there i guess) and it said my bids were submitted but not accepted so when I called them they said it was an issue they were trying to fix :-(. It did work later on for some other lots thank god but missed out on all the error coins
Now I just love these, proc coins, pagoda, ducat, mohur, johanna's etc :drooling:
http://www.noble.com.au/auctions/search/?sale=109&c=5897&g=&q=&e=&p=2
I wish I was rich so I can afford some of them :cray:
Looked at some of the errors and some got a decent dollar and I think I did really well in brissie going off those prices for the mis-strikes :yahoo:
Quote from: 'ausjack' pid='76502' dateline='1438088637'Now I just love these, proc coins, pagoda, ducat, mohur, johanna's etc :drooling:
I wonder if whoever got the Johanna lot 1325 would like to swap it for a very very nice 81 model Tojo HJ47, oops hang on a bit, the old girl may be worth more than that :laugh2:
weren't you going to swap that for a 1930 penny auto :laugh2:
Hey:dance2: made it, post 500 :yahoo:
I love the old girl AJ, the utes not bad either:laugh2: Looks like no 1930 pennies or Johanna's at the mo, the daughters both want it. It's a great old thing, I can actually work on it and fix it most times, unlike the chip controlled flyers of today. Come to think of it, old Tojo does have a chip or two left over from the last visit to the rubbish dump. Hmmmm....think I've left an opening there :laugh2:
Well done mate, next stop 5000 :good:
Looks like a bit of family feud :fie:
Yes I'm spewin I got rid of the old jackaroo as I'd done all the work on it and rebuilt it about 3 times myself but this new rodeo ute that I can't touch because I don't have a bloody computer to hook it up too :(
So was that like a smiths crisp chip or a nice hot chip..mmmmm chippies :drooling:
Quote from: 'ausjack' pid='76551' dateline='1438169331'Well done mate, next stop 5000 :good:
At this rate it's going to take another 30 years AJ :D
that's ok auto, what else do you have to do and it keep me amused and off the streets where I just look for trouble..and sometimes find it :laugh2:
Was watching the predec banknotes last night and most of them went above estimate
so that's a good sign.They might still have a future
Got my nobles invoice today and was surprised to see I had won some lots that Invaluable told me I had not won so god knows what they have been up to. Only took 3 phone calls and 2 weeks to get the invoice lol and about 10 min for me to pay for it so hopefully delivery within the next 2-3 weeks haha
I paid for my coins on Tuesday last week and rang them on Friday and was told
they were too busy to find out if the coins had been posted.Very professional