LCA March

[PWA 1967 1,841]

Auction now online 

[Paulus 1,942]

Just now, PWA 1967 said:

Auction now online 

Brilliant, thanks Pete

@Nonmortuus

[Nonmortuus 848]

Cheers Pete, Paul

[Nordle11 564]

Nice Pete, cheers  

[jaggy 528]

Thanks for posting.

I just spent 30 mins working through lots that might interest me, and there are a couple. However, it would appear that LCA is rapidly becoming a sales channel for CGS slabbed coins which does not interest me in the slightest. If I am going to buy slabbed then I prefer one of the US 3rd party graders as they have a much wider market acceptance.

Also, there are very interesting Heritage and DNW auctions coming up and with better material for my collecting focus.

 

[Mynki 23]

6 minutes ago, jaggy said:

 However, it would appear that LCA is rapidly becoming a sales channel for CGS slabbed coins which does not interest me in the slightest.

 

Have you ever looked at the CGS owners league table? I do wonder if those members with many thousands of points are indeed London Coins accounts.

[jaggy 528]

Just now, Mynki said:

Have you ever looked at the CGS owners league table? I do wonder if those members with many thousands of points are indeed London Coins accounts.

No I haven't. 

For me - and I appreciate that others may have a different point of view - the only advantage of slabbed is for resale. And for that purpose, the US 3rd party graders are orders of magnitude better than CGS.

[Mynki 23]

So I gather, I've been looking at both upcoming auctions that you mention and it's interesting to see the very large percentage of coins offered with Heritage are all slabbed by NGC or PCGS.

I was thinking about having a couple of mine slabbed with CGS, but after some research I have to agree that PCGS does look far more appealing from a pure investment point of view.

[1949threepence 3,366]

3 hours ago, PWA 1967 said:

Auction now online 

Cheers for the heads up, Pete  

[1949threepence 3,366]

Absolute Magic I just had to copy and paste this !!!

 

Quote

 

The Elstree Collection of Pennies

Introduction - (From The Vendor) I started collecting bronze pennies when I was 8-years old, following the example of family friends. At that time, it was possible to find worn bun pennies in ones change. Local shopkeepers knew of my interest, I would also go to the bank with a pound note and change it for 240 coppers to search through. The only test I passed when in the Wolf Cubs was my collectors badge. I still have the letter the leader of the cub pack sent me on 7th July 1964, telling me where to go for the test, and saying: Know all about your collection and dont forget that Queen Victoria reigned for over 60 years and that her coins range from her girlhood to her old age and that it is your ambition to have one of each issue she made. I may not have realised till then that this was my ambition! After almost filling a series of Whitman albums, I went through a phase in later years of trying to improve the quality of my collection, so that I had pennies that were more than smooth discs on which only the outline of the Queens head and the date were discernible. Obtaining specialist books from time to time over the years, first Peck, then Freeman, and latterly Satin and Gouby, gave me a spur to develop the collection. The last phase of collecting has involved trying to fill the gaps with rarer coins, and looking out for pennies that were unusual, such as pennies struck in cupro- nickel or with narrow or wide dates. Some years ago, I also realised that I had a number of different 1897 pennies varieties that did not feature in the standard works. Collections are never finished, but I feel I have now reached a time when I can give other collectors a chance to share the pleasure I have had from my bronze pennies.

 

 

[1949threepence 3,366]

Incidentally guys, there has been a very significant number of additions to the Elstree Collection of pennies, as compared to the original listing for the March "preview" - in case anybody hadn't noticed.  

[PWA 1967 1,841]

46 minutes ago, 1949threepence said:

Absolute Magic I just had to copy and paste this !!!

 

 

Nice introduction 

[Paulus 1,942]

Is there going to be carnage gentlemen?

[Nordle11 564]

1 minute ago, Paulus said:

Is there going to be carnage gentlemen?

Unfortunately yes, yes there is  

[Mynki 23]

31 minutes ago, Paulus said:

Is there going to be carnage gentlemen?

I've been taking a look, some have real eye appeal. I'm not a penny collector as such, I think I only have around 6, but I'm tempted to bid on some I like the look of. 

There are a few very nice gothic florins in the upcoming DNW auction. As I'm sure you already know. 

[1949threepence 3,366]

48 minutes ago, Paulus said:

Is there going to be carnage gentlemen?

Undoubtedly, probably considerable carnage. 

Edited February 10, 2016 by 1949threepence

[Colin G. 147]

Farthings, farthings everywhere 

[secret santa 2,013]

2 hours ago, Paulus said:

Is there going to be carnage gentlemen?

Maybe not - there's a huge range of coins but only a relatively limited audience with presumably limited funds, so collectors will have to be choosy about what they buy. When Laurie Bamford's collection was sold, prices were generally quite low (in my opinion) because of this. There will be some bargains !!!!

[Nordle11 564]

This is certainly what I'm banking on, at least I hope most of you veterans will be preoccupied by the bun pennies while I can focus on the 20th century coins! Some nice errors too which are right up my street, I'm a little gutted about the true reverse on the brockage though it's one I would have liked had it been in a better nick. 

[Rob 3,000]

I would like to point out the excellent provenance of the F164 - which was the one I sold at LC in 2014.

Otherwise, nothing for me. No Victorian Decimal Penny, Minton or Lavrillier, and the KNs have either verdigris or wear.

 

[PWA 1967 1,841]

1 hour ago, secret santa said:

Maybe not - there's a huge range of coins but only a relatively limited audience with presumably limited funds, so collectors will have to be choosy about what they buy. When Laurie Bamford's collection was sold, prices were generally quite low (in my opinion) because of this. There will be some bargains !!!!

Not having collected pennies at the time ,were a lot bought by the same few people or in your opinion were there still a lot of collectors as today or more.

I would be interested if coins were bought by people who you still see ,alternatively have really good collections and not prepared to pay over the odds for the odd one.

Its a wide open question ,but do you still see the same collectors from ten years ago ?.

[davidrj 194]

Think I need to buy a lottery ticket this weekend!

That 1879 with a "space shuttle" is one I've not seen before

[jacinbox 36]

http://www.londoncoins.co.uk/?searchlot=2368&searchtype=2&page=Catalogue

Been looking for one of these.

[secret santa 2,013]

12 hours ago, PWA 1967 said:

Not having collected pennies at the time ,were a lot bought by the same few people or in your opinion were there still a lot of collectors as today or more.

I would be interested if coins were bought by people who you still see ,alternatively have really good collections and not prepared to pay over the odds for the odd one.

Its a wide open question ,but do you still see the same collectors from ten years ago ?.

Pete, this is a really difficult question to answer. I've found that I concentrate on proceedings so much that I don't really notice who else is bidding, and i don't know many penny collectors by sight. I do know that several major collectors have sold their collections over the last few years and I don't have much of a feel as to who will be competing for these latest coins. I would think that it is the people with extensive collections that WILL be prepared to pay over the odds for the coins that they really want.

Bidders should be made to wear their names on their clothes like footballers !

[PWA 1967 1,841]

Thank you for your reply