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secret santa

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Posts posted by secret santa

  1. Posted

    This afternoon I will sit down and work out who has asked for what, sort into order of timing, and indicate on the website which coins have been reserved. This is proving to be quite a demanding task - now I know what a coin dealer's life is like.......

    Please be patient.

  4. Posted

    I have decided to sell my spare pennies. I shall put them into auction next year but in the meantime I have created a website with prices should any of you wish to buy them upfront. There should be something for everyone in here. PM me if you wish to buy anything and we can arrange payment (preferably through bank transfer or Paypal).

    mysparepennies

    • Like 6

  15. Posted

    48 minutes ago, PWA 1967 said:

    If you leave a bid and dont get it.......its only a coin.

    To misquote my hero Tony Hancock, "It might be only a coin to you, Pete, but it's life and death to some poor (collector) wretch"

    • Like 1

  16. Posted

    10 minutes ago, DaveG38 said:

    One way round this conundrum which was suggested to me by the auction house I refered to above would be to word your bids in the form £500 + 1.

    There is at least one auction house (it may be Goldberg) that allow you to specify an incremental bid or halfbid in the event of your highest bid being matched. Seems a good idea.

    I still have a problem with the case you illustrate. If I submit a maximum bid of, say, £500, I expect the lot to go to at least the next bidding step to overbid me. I think that is a reasonable and logical assumption. So, when the auctioneer takes my bid of £480 in sequence and asks for a bid of £500, he should in my opinion have to take a higher bid to outbid my commission bid. But clearly, this doesn't necessarily happen.

    • Like 1

  17. Posted

    2 hours ago, DaveG38 said:

    What you describe seems perfectly possible without anything underhanded. Suppose you put in a max bid of £500 as you did, and the auctioneer starts the bidding at around £200. Bidding goes in £50 increments say, and he /she finds that bidding from all sources apart from yours stops at around £400. He will then bid £450 from your 'pool' so you become the high bidder, but then another punter bids £500. At this point he has bid the same as you, but the auctioneer has got no instructions from you to go further, so your rival's bid wins even though it is the same as yours.

    I think that this does happen (it's happened to me) but surely if I were the first person to bid £500, the auctioneer should be duty and morally bound to ask another bidder to go higher in order to win ?????

  22. Posted

    As Rob says, if there is only a handful known of a particular variety, collectors will snap them up regardless of condition. Some of the coins on my website are little better than washers, yet have sold for hundreds of pounds !

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