Noble Auction

[stevo1962]

Noble Auction has started this morning and live bidding is available

              http://www.noble.com.au/live

[jens coins]

Lot 90 $1 mule estimate $200.
I'm sure it will go for a lot more.

[stevo1962]

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

[serial]

thanks stevo! I now have my morning viewing!

[dreamcatcher]

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.

[robbiegal]

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

[stevo1962]

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

[Unicorn]

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.

[accumulator]

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.

[stevo1962]

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

[autocoupler]

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:

[nealeffendi]

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 bothIndian 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?

[robbiegal]

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

[stevo1962]

maybe you should get a job with them then

Then we wouldnt get any more bargains

[robbiegal]

nice 1921 you got yourself there Stevo