Prieure de Sion Posted January 12 · Member Share Posted January 12 Salve! anyone see the new Leu "fixed price Auction"? https://www.biddr.com/auctions/leu/browse?a=3221 There are many extraordinary pieces that you don't see very often. However, I am not sure about the prices. With some pieces, I absolutely understand the price - with other pieces, I don't understand the price. I could really go weak over this Gordianus - great specimen. I have nothing to criticise about the price.https://www.biddr.com/auctions/leu/browse?a=3221&l=3665417 I don't quite understand the price of this one. Very good specimens (extremely fine) can be bought for around 800-900 euros. I have also seen really fantastic specimens for 1200-1500 euros. But these are also really freshly minted specimens. I admit - in this copy everything is really very vivid and realistic. So let's add a bonus and say 2000-2500 euros. But 7500 euros as a start? I think that's already a proud price.https://www.biddr.com/auctions/leu/browse?a=3221&l=3665416 This coin of Philip, on the other hand, I find absolutely fair. And if I were to collect this emperor, I would buy the coin immediately. This is an absolutely great specimen - and the price also fits it.https://www.biddr.com/auctions/leu/browse?a=3221&l=3665418 And this extremely rare drachm from Caesarea of Septimius Severus - magnificent.https://www.biddr.com/auctions/leu/browse?a=3221&l=3665358 Many of the coins on offer are not only rare, but also have a fantastic pedigree. I can't remember which coin it was - but there was also (at least) one coin from the "von Aulock" collection. That's great, of course. Oh man - I hope I don't weaken at the first Gordianus III. 🥴 7 Quote Link to comment Share on other sites More sharing options...
Qcumbor Posted January 12 · Supporter Share Posted January 12 Yeah, I saw the catalog. Some stunning coins, very high prices, but they may be in accordance to the market since quite some of the coins already sold (15/72 of the roman imperials in less than 1 day) Q Quote Link to comment Share on other sites More sharing options...
Limes Posted January 12 · Supporter Share Posted January 12 I briefly browsed the Roman sections. Many of the coins are of high quality, with some very interesting pedigrees if that's your thing. Prices are however way too high for me. This is the first time they publish a fixed price list. I guess the idea might be that they want to stand out, or send out the notion that buying a coin from Leu means buying something exquisite and attract customers accordingly. Which is of course fine and all, but it does require a high price level that corresponds with that image. And as @Qcumbornotes; it seems to work and quite a few coins of the Imperial section are sold already on day one. 1 Quote Link to comment Share on other sites More sharing options...
Benefactor KenDorney Posted January 12 · Benefactor Benefactor Share Posted January 12 Quite a few coins are failing to sell at auction lately due to high reserve prices. We are in a place right now where the market is either stabilizing or on the decline (time will tell which). These failures to sell seem to be primarily limited to the better material, as moderate quality pieces seem to still be selling, but not as highly as before. It's always nice to see some of these coins however, as many of them I would never be able to afford. 1 Quote Link to comment Share on other sites More sharing options...
akeady Posted January 12 · Supporter Share Posted January 12 2 hours ago, Prieure de Sion said: Salve! anyone see the new Leu "fixed price Auction"? https://www.biddr.com/auctions/leu/browse?a=3221 There are many extraordinary pieces that you don't see very often. However, I am not sure about the prices. With some pieces, I absolutely understand the price - with other pieces, I don't understand the price. I could really go weak over this Gordianus - great specimen. I have nothing to criticise about the price.https://www.biddr.com/auctions/leu/browse?a=3221&l=3665417 I don't quite understand the price of this one. Very good specimens (extremely fine) can be bought for around 800-900 euros. I have also seen really fantastic specimens for 1200-1500 euros. But these are also really freshly minted specimens. I admit - in this copy everything is really very vivid and realistic. So let's add a bonus and say 2000-2500 euros. But 7500 euros as a start? I think that's already a proud price.https://www.biddr.com/auctions/leu/browse?a=3221&l=3665416 In case you've been fooled by the terms - "Starting Prices" are "Buy It Now" prices here. They've used their auction interface to list the items, so the terms don't fit properly for this sale. The prices are still mostly very high, even without adding premiums, other bidders! ATB, Aidan. Quote Link to comment Share on other sites More sharing options...
Benefactor DonnaML Posted January 12 · Benefactor Benefactor Share Posted January 12 As I just mentioned in the NYINC thread, the prices in the Nomos FPL seem more reasonable to me, on the whole, than the Leu prices. 2 Quote Link to comment Share on other sites More sharing options...
Roman Collector Posted January 12 · Patron Share Posted January 12 I perused the Roman imperial section and it was too pricey for me. That hasn't deterred other collectors, though. Quote Link to comment Share on other sites More sharing options...
Tejas Posted January 12 · Member Share Posted January 12 Fantastic coins, but the prices are very high The first coin below is from Leu's fixed price list, offered for CHF 1250,- The second coin is from my collection, bought for roughly CHF 85,- (in 2008) 6 1 1 1 Quote Link to comment Share on other sites More sharing options...
Severus Alexander Posted January 12 · Supporter Share Posted January 12 2 hours ago, Tejas said: Fantastic coins, but the prices are very high The first coin below is from Leu's fixed price list, offered for CHF 1250,- The second coin is from my collection, bought for roughly CHF 85,- (in 2008) I vastly prefer yours @Tejas, due to portrait style! 2 Quote Link to comment Share on other sites More sharing options...
Hrefn Posted January 13 · Member Share Posted January 13 I went to the medieval section which consists of 12 coins. I found I already possessed 3 of them, and had close equivalents of a fourth. But the remarkable thing was the prices in Leu were six times what I paid for some of my coins, and 2.5 times what I paid for another. The question in my mind is are Leu’s valuations unrealistic, or am I behind the times in my estimates of the market value of my coins? 2 Quote Link to comment Share on other sites More sharing options...
Deinomenid Posted January 13 · Supporter Share Posted January 13 I don’t think you are behind the times. Even adjusting for the great provenance of some of the coins (simply by removing those from consideration here) the prices of a number of the more “normal” coins are 2 to 3 times recent auction prices. There are a number of examples in coin types that I know fairly well in the Greek Italy and Sicilian sections. Examples which trade often enough to get a fair feel for market values… 2 1 Quote Link to comment Share on other sites More sharing options...
AussieCollector Posted January 13 · Member Share Posted January 13 Had a look. Yea.... nah. It doesn't meet my price:quality ratio. 1 Quote Link to comment Share on other sites More sharing options...
Severus Alexander Posted January 13 · Supporter Share Posted January 13 Pricing hypothesis: This is just another case of very wealthy folks who want the best and don't really care too much about how much they pay for it, as it's pretty much chump change for them. They see it, they like it, they buy it. (As Caesar would have said: "Video, amo, emo." 😄) 1 1 Quote Link to comment Share on other sites More sharing options...
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