Hesiod Posted January 13, 2023 · Member Share Posted January 13, 2023 1 minute ago, El Cazador said: The thing I don’t understand if the previous sale shows $5K hammer, they relist it in the following auction at 2K, are you saying they shill bid and always go one increment above the underbidder? If so, why not just reach out to under bidder after sale and say , higher bidder didn’t pay, would you like to biy for the the price which was your final bid? Or you saying there are employees of the auction house that bid agains each other? my suspicion (admittedly unsubstantiated) is that they have a minimum/reserve above which they buyback. it could be the consigner bidding on their own coin, it could be the auction house's coin with a reserve, it could be a ton of bad buyers (which I doubt), but in reality I have no idea. it's definitely hit a point where if I see a coin repeated at naumann I don't bother bidding again though. 2 1 Quote Link to comment Share on other sites More sharing options...
El Cazador Posted January 13, 2023 · Member Share Posted January 13, 2023 12 minutes ago, Hesiod said: my suspicion (admittedly unsubstantiated) is that they have a minimum/reserve above which they buyback. it could be the consigner bidding on their own coin, it could be the auction house's coin with a reserve, it could be a ton of bad buyers (which I doubt), but in reality I have no idea. it's definitely hit a point where if I see a coin repeated at naumann I don't bother bidding again though. I think your logic and observations are solid! 👍🏻 3 Quote Link to comment Share on other sites More sharing options...
Severus Alexander Posted January 13, 2023 · Supporter Share Posted January 13, 2023 Other auction houses/partnerships (Künker/Hess Divo?) are worth checking too. Same coin, seven sales. 🤨 Four recent sales: 5 1 Quote Link to comment Share on other sites More sharing options...
ChrisB Posted January 13, 2023 · Patron Share Posted January 13, 2023 On 1/11/2023 at 9:16 PM, panzerman said: I was thinking the same thing as those "Wildmen" were hammered down. I was really cheering you on to grab a few! On the multiple whoever won it still got a "bargain". Heritage sold the same coin last year for $19,200. CNG sold for $12,500 plus the 22.5%. I dropped out before it hit 10K. 1 Quote Link to comment Share on other sites More sharing options...
Edessa Posted January 13, 2023 · Supporter Share Posted January 13, 2023 (edited) Only one, a bucket list coin. Perhaps the estimate was a bit high as I won it at the opening bid, which is a rarity for a Triton coin. However, I do appreciate the provenance, and it will be well-loved. IRELAND, The Great Rebellion. Issues of the Lords Justices. 1642-1649. AR Crown (42mm, 29.74 g, 4h). ‘Ormonde Money’ issue. Issued 1643-1644. Large C R; crown above; all within linear and beaded border / Large V; S above; all within linear and beaded border. D&F 288; SCBC 6544. Toned, die break on obverse. VF. Ex P. Finn FPL 14 (1998), no. 510. Edited January 13, 2023 by Edessa 8 Quote Link to comment Share on other sites More sharing options...
akeady Posted January 14, 2023 · Supporter Share Posted January 14, 2023 I got my coin today - it's lovely. If anyone sees me buying more coins, stop me please. ATB, Aidan. 9 1 6 Quote Link to comment Share on other sites More sharing options...
panzerman Posted January 14, 2023 · Member Author Share Posted January 14, 2023 Buying coins is a good thing/ please get more! 1 1 Quote Link to comment Share on other sites More sharing options...
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