Jump to content

Which Auction Houses did you make the most purchases from in 2022?


DonnaML
 Share

Recommended Posts

  • Benefactor

While thinking about tomorrow's NYINC session and trying to map out which tables I want to visit, it occurred to me that in the previous several years 98% of my purchases were probably made at retail (including purchases made at HJB's Buy or Bid Sales) -- whether at the NYINC shows, VCoins, MA-Shops, or other Internet dealers. But in 2022 it was a very different story. I found that I was scrolling through 500-1,000 coins available at retail for every one that jumped out at me as something I had to have -- my usual criterion for deciding to buy something. So I turned more and more to auctions, where the choices seemed to interest me much more frequently. And, in the end, I think that the majority of my purchases in 2022 were made at auction rather than at retail.   

Here are the 5 auction houses from which I made the most purchases in 2022. Coincidentally, all five of them will have tables at NYINC, so I should probably stop by and say hello even if they don't have anything for sale in my price range. (I'm looking at you, Leu!) For all the money I've spent with these places, they should give me something for free! 

Noonans (formerly Dix Noonan Webb): 19 coins & medals purchased (6 ancient coins, 13 world coins and medals)

Roma Numismatics: 12 (all ancient)

CNG: 11 (8 ancient, 3 world) (compared to 1 retail purchase and 0 auction purchases made in 2021)

Leu Numismatik: 9 (7 ancient, 2 world)

Nomos AG 6 (all ancient) (compared to 2 ancients purchased at auction from Nomos in 2021, representing almost my only auction purchases in 2021 other than from Frank Robinson and the JAZ Auctions held at Coin Talk). 

Given that 2022 was really my first year purchasing extensively at auctions, I'd be very curious to know which auction houses others purchased the most coins from this past year, whether ancient or otherwise. Hopefully, it will give me some more ideas as to which auctions I should look through in the future. I can't look at all of them!

 

Edited by DonnaML
  • Like 8
Link to comment
Share on other sites

Good idea for a thread @DonnaML... curious to see where people buy the most

I didn't buy nearly as many coins as you did last year sadly! Hoping to get more in 2023. In fact the only auction house I bought from more than once from was Artemide Aste (2 coins). They have great republican stuff often, good pics, good service. 

Other auctions I bought from:

Kolner Munzkabinett

Kunker

Patrick Guillard

Olso Myntgalleri 

I had good experiences with all of them! Shipping to the US from Oslo was brutally expensive (about $45 or $50...) but I knew that going in and it was worth it because it was a much more expensive coin than I usually buy (a Quadrigatus), so the cost was proportionally less significant, and I got a good enough deal that it was worth it)

  • Like 2
Link to comment
Share on other sites

I guess out of the 26 ancient coins I purchased 10 came from CNG. 7 were the result of the New York International. Other Houses that I purchased coins from during the show were Pars (3 coins) The New York Sale (2 coins) Agora Numismatik (1 coin) Herakles (2 coins +I Christmas gift)  Warden (1 coin) Harmers of London (1 Coin) Dr Martina Diererle ( ! coin) All of these were featured last month in my Best of the Year. This is just one of many memorable coins that I found t that show. 

Thasos Ar Stater 412-404 BC Obv Satyr in running kneeling stance carrying off nymph right Rv Quadripartite incuse square. HGC 334 9.61 grms 23mm Photo by W. Hansenthasos8.jpg.cb349df5733c2b8d1cd1d0c263d1f7ed.jpg

I always liked this later somewhat more classical style of the later coins of this type. In fact I could class this type as one of my "grail" coins. I can say this with some irony because I all but missed the coin. I along with @Romancollector were among the first to sit at CNG's table and needless to say the place was a very claustrophobic. The tables were surrounded at least two to three people deep. This was somewhat disconcerting  especially as for almost two years I had to maintain my distance especially with strangers. I was obsessing on another coin and it was only a few hours later did I see this coin and snapped it up. 

  • Like 7
  • Mind blown 1
  • Heart Eyes 1
Link to comment
Share on other sites

#1: Roma, London (43)

#2: Leu, Winterthur (29)

#3 Künker, Osnabrück (18)

#4: Naumann, Vienna (19)

Roma is always a priority for me from personal experience, even if the British pound is expensive and German customs duties are added. I hope the Roma team will continue to provide the same level of service in 2023 as they have in recent years. For me, Roma means: bid, pay and 48 hours later I already have the coins in my hand. In addition, Roma also responds to my emails and always follows my shipping instructions. 

Leu is a bit "slow" when it comes to delivery. I also send emails for shipping instructions, but I never get a reply as to whether Leu has received them. But still - the instructions are followed by Leu! But the "feeling" after the purchase is not so great - Leu also has a long shipping time on average. But - the rest is of course absolutely serious. The quality of the coins is always as described - or better. And you know you can buy coins there with a clear conscience.

For me, Künker is also above reproach. Great coins, great quality, often great pedigrees. The photos are currently bad - but the coins are great. And Künker offers an excellent service. I once bought a presumed forgery at auction - not secured - and the coin was taken back immediately without discussion. I always have a contact person. If I have questions, they answer them in detail. A great auction house - I wish there were more Künker auctions.

And Naumann is my source for middle and sometimes upper class. I like the fact that Naumann holds its auctions at BIDDR in an uncomplicated way and that the whole process with invoice and payment can be handled there. Naumann has similar delivery times to Roma - I usually have my coins 2-3 days after paying Naumann. 

  • Like 4
Link to comment
Share on other sites

My spreadsheet was born for this question 😁. My top 5 are:

Noonans (British ancient, medieval).
CNG (ancient, British medieval).
Coins.ee (Golden Horde).
Spink (ancient, British medieval).
AH Baldwin (British medieval).

In fact, eBay would come third if counted as one auction house, although only on volume.

  • Like 1
Link to comment
Share on other sites

1. Roma Numismatics 17 (They had a lot of nice bactrian coins)

2. Aureo & Calico 8 (Coins from al-Andalus)

3. Savoca 6 (random cheap coins)

4. Stephen Album 4

5. Leu 3

I really like Roma and Leu, since they usually have coins I'm looking for. Roma has top notch shipping, though can't say the same for Leu since they waited a month to ship. The coins I got from leus december auction also came sticky, so I had to dip in acetone. surprisingly though leu has had the best deals for me.

Edited by Cordoba
  • Like 1
Link to comment
Share on other sites

8 hours ago, DonnaML said:

Given that 2022 was really my first year purchasing extensively at auctions, I'd be very curious to know which auction houses others purchased the most coins from this past year, whether ancient or otherwise. Hopefully, it will give me some more ideas as to which auctions I should look through in the future. I can't look at all of them!

Well, I don't want to add competition... 😉 

But I too use a mix of retail purchases and auction purchases (ratio: 1/3). Downside of retail purchases is that it takes some time to find something interesting between the huge amount of, for me, not interesting coins. And retail prices tend to be quite high, often ridiculously high! Downside of auction purchases of course the fees. Its often a case of comparison between retails prices and comparable coins in auction and adding fees. 

In 2022 I used mix of various mainly EU based auction houses for my (mere) 12 purchases, such as Rauch, Heritage Europe, Wag Online, Naville. I made 1 purchase at CNG. Retail are my regular shops, but also a new shop for me, Münzhandlung André Cichos. 

8 hours ago, DonnaML said:

For all the money I've spent with these places, they should give me something for free! 

Well, I do try to negotiate a discount from retailers where I shop more often, saying I'm a regular and so on. Sometimes it works. You could try that 🙂

Edited by Limes
  • Like 1
Link to comment
Share on other sites

  • Benefactor

Last year, I purchased roughly half of my coins at auction. The following were my auction purchases:

  1. Roma (57 coins)
  2. Savoca (24 coins)
  3. CGB (11 coins)
  4. Nomos (6 coins)
  5. Bucephalus (2 coins)
  6. Leu (1 coin)

Technically, Leu should be two coins, but the one I purchased at their auction at the beginning of December hasn't arrived yet.

  • Like 1
Link to comment
Share on other sites

I’m not exactly going to shake this thread up by saying Roma is top for me (and it would be more dominant if they did not have a strange - to me - system where my credit limit gets quickly eaten up by failed bids rather than only adding up the successful ones), CNG, Nomos, Leu, and  then Kunker.

 

Link to comment
Share on other sites

I just did a tally - the top four in terms of coins bought are: Naville (44), Artemide (35), Tintinna (9), Naumann (8).   In terms of cost per coin, the top four are completely different - CNG, Cayon, Kuenker, Tauler y Fau.

I've bought less from Roma and Leu and CNG in the last couple of years due to import taxes being levied all the time now on purchases from outside the EU.   Naville import to the EU via Belgium which has a 6% rate, so I still buy from them.

ATB,
Aidan.

  • Like 1
Link to comment
Share on other sites

I blew about three years of my coin budget during 2022, so I imagine I will just have to enjoy the coins I purchased for a long time! To be fair, during 2021 I virtually quit buying as the prices ramped up so some of this was just a delayed reaction.

Aureo & Calico 1 coin
Baldwins 1 coin
Berk 5 coins
CNG 52 coins
DNW 1 coin
Elsen 3 coins
Goldberg 29 coins
Herakles 14 coins
Heritage 19 coins
Jesus Vico 1 coin
Leu 14 coins
MDC Monaco 1 coin
Naville 1 coin
Nomisma 1 coin
Nomos 2 coins
Noonans 1 coin
Naumann 1 coin
Roma 43 coins
Soler y Llach 2 coins
Stack's 5 coins
Stephen Album 6 coins

The only bad experience was the 11 coins purchased from Bertolami in March that are still unaccounted for. There is yet no resolution from their end and I am out $3,080. I am not sure exactly what value I was supposed to get from the 480 EUR Buyer's Fee or the 50 EUR fee for Shipping and Insurance.

  • Like 1
  • Shock 2
Link to comment
Share on other sites

My 2022 purchases were equally divided between auctions and fixed-price dealers.

Auction House No. of Coins
Leu Numismatik 3
Artemide Kunstauktionen GmbH 2
Roma Numismatics 2
Baldwin's Auctions 1
Classical Numismatic Group 1
Numismatik Naumann 1
Savoca Coins 1

 

Dealer No. of Coins
Aegean Numismatics 2
Silbury Coins 2
CIVITAS Galleries 1
GB Collection 1
Marc Breitsprecher, Classical Numismatist 1
Tom Vossen 1
Victor's Imperial Coins 1
Zurqieh 1
Zuzim Inc. 1
  • Like 3
Link to comment
Share on other sites

3 hours ago, Edessa said:

I blew about three years of my coin budget during 2022, so I imagine I will just have to enjoy the coins I purchased for a long time! To be fair, during 2021 I virtually quit buying as the prices ramped up so some of this was just a delayed reaction.

Aureo & Calico 1 coin
Baldwins 1 coin
Berk 5 coins
CNG 52 coins
DNW 1 coin
Elsen 3 coins
Goldberg 29 coins
Herakles 14 coins
Heritage 19 coins
Jesus Vico 1 coin
Leu 14 coins
MDC Monaco 1 coin
Naville 1 coin
Nomisma 1 coin
Nomos 2 coins
Noonans 1 coin
Naumann 1 coin
Roma 43 coins
Soler y Llach 2 coins
Stack's 5 coins
Stephen Album 6 coins

The only bad experience was the 11 coins purchased from Bertolami in March that are still unaccounted for. There is yet no resolution from their end and I am out $3,080. I am not sure exactly what value I was supposed to get from the 480 EUR Buyer's Fee or the 50 EUR fee for Shipping and Insurance.

Wait, What, so many coins in one year?

Link to comment
Share on other sites

The only auction house I bought from last year was Roma (13 coins, including 3 fixed price unsolds). 

The vcoins dealers I purchased from last year are:

David Connors - 6 coins

Ken Dorney - 6 coins

Incitatus - 3 coins

Den of Antiquity - 2 coins

Aegean Numismatics - 1 coin

Washington Numismatic Gallery - 1 coin

  • Like 1
Link to comment
Share on other sites

In 2022, I didn't buy many coins at all. A few of them came from the following auction houses:

  1. Teutoburger Münzauktionen (4)
  2. Artemide (2)
  3. Savoca (2)
  4. Höhn (1)
  5. JAZ (1)

The two Savoca coins were LRBs of a less common reverse type that sold at a low price, so I would count these as opportunistic bargain purchases. The rest were more expensive coins that I had been actively looking for for at least some time. Especially when it comes to my specialized medieval collecting fields, waiting for a coin to be auctioned at a reasonable price generally pays off. The markups at retail are usually high, and auction prices fluctuate a lot depending on who is bidding. I am the underbidder quite often, but now and then I win something without overpaying...

  • Like 1
Link to comment
Share on other sites

7 hours ago, El Cazador said:

Wait, What, so many coins in one year?

2022 was unique in my 40 year collecting history. As a newly minted widower dealing with Covid in 2021, I did not purchase a single coin during the entire year. The fact that prices were surging on the nicer coins during the lockdown also made me hesitant as I was, and still am, afraid that the Ancient Coin Industry is going to become the same type of slab-dominated, grade-obsessed market that I had seen in US coins. Applying machine "language" to hand-made craftmanship is something of a struggle, but if it will make someone a dollar then I am sure that "will will find a way". In 2023 I accepted that I would simply have to pay a bit more for even the middling tier coins that I collect and if the coin happened to be in a slab, that situation could be temporary. Guiltily, I even realized that I rather enjoyed having the nicer of my thin, somewhat fragile medieval coins in slabs and followed a local dealer's recommendation to leave those few coins entombed. Even then it probably would have been a normal year except that last summer Goldberg sold that collection of Roman Syrian Tetradrachms and Heritage has been selling off the Historical Scholar collection, which contains many rarities spread over a wide range of types and conditions. Both of those areas appeal to me.

Another aspect of my "accumulation" is that, unlike you smart people, I have never managed to focus my collection scheme beyond "coins with good eye appeal" and/or coins that interest me for one historical reason or another. I have an excellent group of coins to study history of the figures and historical events involved, but, other than the odd example of two, it will be relatively useless accumulation for those of you who study Numismatics. That doesn't bother me as I am perfectly happy reading ANS and BNS publications written by others.

 

 

 

I

  • Like 6
Link to comment
Share on other sites

While there's no convenient way for me to exactly quantify which coin came from whom, I'll have to estimate.

Auctions: 0. 

Fixed price dealers

London Ancient Coins 40% of 2022 buys

Savoca 20%

Zurquieh c. 5%

As far as I can recall, the rest would be one or two buys each; Numiscorner, Forum, Marc Breitsprecher, Aegean, Biga, Opisthodomus (I was one of the lucky ones who received my order), HJB, David Connors, Dr. Busso Peus.

Probably 80% of my buys were overseas from European dealers.

  • Like 2
Link to comment
Share on other sites

  • Benefactor
20 minutes ago, Nerosmyfavorite68 said:

While there's no convenient way for me to exactly quantify which coin came from whom, I'll have to estimate.

You don't download and keep copies of the receipts/invoices/coin listings, or maintain any kind of catalog? It's always a good idea to do that, both for reference purposes and in case you ever sell your collection!

  • Like 2
Link to comment
Share on other sites

I've been keeping sale records of online purchases since around 2006.  This involves saving an offline copy of the original listing and keeping any paper receipts.

An excel sheet would provide more exact records of from whom I bought, and probably could be done fairly pain-free with current purchases.

 

 

  • Like 2
Link to comment
Share on other sites

DonnaML inspired me to create that excel list.  While it'll take a long time to catalog all 30 years, I managed to make a complete one for 2022-3, only leaving out dirtyoldcoins' bulk lots.

More accurate information showed that I seriously underestimated buys from Marc Breitsprecher.  Even though I only started buying from them in September, Savoca came racing up in the end.  I was also surprised that so many came from Zurquieh.

The most expensive single items came from Dr. Busso Peus (Tiberius III Solidus) and HJB, a rare Ravenna Justinian II AE, which almost got destroyed in the mail.

Non-U.S. buys accounted for 67% of the total.

702811723_Coindealerpiechart2022.jpg.38743b349b069bcb6dc2dd3c2e12359a.jpg

London Ancient Coins 16
Marc Breitsprecher 14
Zurquieh 11
Savoca 9
David Connors 4
Opisthodomos 4
Forum 3
GB Collection 3
Incitatus coins 3
local coin store 3
Numiscorner 3
Secret Saturnalia gift 3
Tom Vossen 3
Biga 2
Dr. Busso Peus 2
NeroNumi 2
Aegean 1
HJB 1
Laurel Certified Coins 1
Marcantica 1
Praefectus Coins

1

 

  • Like 8
Link to comment
Share on other sites

Here are my 2022 Auction winnings.  Not many coins this year but CNG and Roma came through with my favorites of all:

Gerhard Hirsch 1 - Roman Imperial

Leu 3 - (2 Roman Imperial, 1 Roman Republican)

CNG 3 - (1 Roman Republican, 1 Roman Imperial, 1 English milled Liz I 6pence )

DNW 1 (English Hammered Liz 1 6Pence, companion to the above milled coin)

Roma 2 - (1 Roman Republican, 1 Roman Imperial)

Vico 1 - Roman Republican

InAsta 1 - Roman Republican

Artemide 1 - Roman Republican

Stacks Bowers 1 - English Hammered Penny of King John

 

 

  • Like 4
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...