VickySilver

Well, naturally one would adjust bid to the premium BUT there is a tendency at least when on-line bidding at premium auction to forget just a little bit. Also, ahead of time I just don't engage in the auction at all on some and especially if there is a starting bid that appears to high. I suppose this has been studied, but I wonder if a coin goes for an increment or two less if auction houses don't occasionally take a loss when premiums are raised.

Hmm, I am here in Maryland in the States so might be different but have not had exactly that yet to happen. I usually snipe at about 4 seconds and there is enough time to submit a "response" bid of one, two, or three increments at that level. Maybe they can elucidate? Good luck as they are not that accessible. I have only had issue unrelated when purchasing bullion even though I have NEVER had a credit issue and have a 100.0 rating. If I don't check ahead of time the system rejects my bid.

Update? NONE. These 2002 Jamaica proof sets must be extremely rare with suggested original mintage of sets I have now heard was 50 (perhaps fewer). As there is a modicum of a collector base for such; I wish I could confirm. Other new: well I recently purchased a 1976 Cook Islands 100 dollars in true matte uncirculated(before they started selling all the schlock). This coin did have mintage of 50 but evidently all were sent "down there" and many were scratched up. I bought mine at bullion and yet there is one on sale, if you can call it that, on ebay at 2337 USD!

Good point about fairs and money - but you should see the membership at "coin clubs" - NO younger people and this with free memberships! Locally BTW the Baltimore show or fair is entirely free to all with scads of "Young Numismatist" meetings, giveaways, etc. One time I dragged my son and they gave him loads of dollar coin commems, quarters, halves, books, stickers, bags, cell phone covers - brought back an entire bag of schlock.....

Of course that is basically my slant - it doesn't by and large seem to be there, but can't help but try really - or at least that is my thought.

I'm on the fence on this topic as I have a near-14 year old son, and neither he nor his friends nor classmates for love or money can be stimulated to find interest in coins, and this is despite my best efforts over the last 10 years. Moreover I am a solo-practice physician in the US and even give away coins with some "pep talk" to young folk coming to the office - this to essentially NO effect despite picking buffalo nickels, new and old types, and the latest in commem quarter dollars. Many collectors, but especially dealers here crow about how many young numismatists they see - well while there are a COUPLE, there actually are relatively precious few and I mean few at ANY venues including small, medium and large shows and coin shops. This is true on up through young men and ladies in their early 30s as well. I have looked for signs of life (collecting or interest in coins) in younger generations and they are hard to find....

Ah, nicely put and couldn't agree more. I pulled out some very nice coins that I use as reference and then just had a look and answer a few questions I had come up with. Looked at two, and then had a look at a broader range. Very enjoyable and that bit cost nought.

Thanks Bernie for your input; I would very much like to have seen the entire 1933 proof set intact and any paperwork or circumstances that accompanied it.

Exactly on the last two. I really love pursuing a rare coin, even if perhaps in an undercontested series but let alone in the series like the penny. No need to beat the chest but such coins really enhance and in some fashion "make" a collection. The stories behind getting these for some of us that are not "checkbook collectors" are of personal satisfaction and sometimes interesting even to others that we might share these stories with. Also, as Richard says, we do have photographic records and even write articles on occasion using these coins. To be honest, I look at my better coins about as frequently as those that are just filling an "open" space in a series run.

That is a really wonderful and sharply struck coin, hard to see it as currency. This was such a dream coin - the 1933 penny - for me and so many others, sadly never to be. Interesting to see if any of the surge in values for coins will catch up with this coin or not. 20th century Brit bronze have not IMHO seen much rise in the last 5-6 years.

I don't have issue with where the estimate is, and as you've said, who really cares. And bidding can begin at, above or below this number. What I don't understand the start below reserve since it is not a "real" auction IMHO & the wall bouncing idea is likely poor as evidenced in this auction.

I really don't get the aggravating philosophy of having a starting bid less than the minimum bid. It IMHO does NOT generate bidding frenzies or increase of actual buying interest.

I was also surprised at the results for the 1850s 3ds, which are indeed scarcer. Prices seem to have advanced quite a bit in the last several years as I got a number of them from either DNW or Baldwin's (1855-1859, 1862, 1863) at mere fractions. Nice to see there is a bit of interest.

Begins lot 428 on page 11. Can't link tho...