Noble Auction

[dreamcatcher]

"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!

[wwwww]

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.

[stevo1962]

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

[Robster]

Looks like a winner.!

[JeffH]

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.

[robbiegal]

Khalil might be right but it doesn't lessen the pain

[NZCoinerrors]

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

[ausjack]

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:

[autocoupler]

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:

[ausjack]

weren't you going to swap that for a 1930 penny auto :laugh2:

[autocoupler]

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:

[ausjack]

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:

[autocoupler]

Well done mate, next stop 5000 :good:

At this rate it's going to take another 30 years AJ

[ausjack]

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:

[stevo1962]

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