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The British Coin Forum - Predecimal.com

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I can scarcely manage to actually take more than a glance of the upcoming Spink auction and the paucity of offerings. Sad to me even though I know this is not a big sale. I was just looking at some older sales of theirs dating to the later 90s and Wow, what a difference.

Posted

I can scarcely manage to actually take more than a glance of the upcoming Spink auction and the paucity of offerings. Sad to me even though I know this is not a big sale. I was just looking at some older sales of theirs dating to the later 90s and Wow, what a difference.

That's because people like us on this forum buy the coins and sit on them. There are far more people acquiring coins for whatever reason today than in the 90s which you can tell from the bidder numbers. The highest Spink customer number I've seen so far is nearly 8000 whereas in the late 90s they were at around the 2000 mark. London Coins are at over 5000 today compared to 1500ish in the same time frame. On the assumption that all numbers are taken and there is little duplication, that's a lot of new entrants to the market copmpeting for not a lot more material.

I concur there isn't very much to go for. There's far too many nearly coins - a bit soft here, a bit flat there, a bit double struck somewhere else, which makes one reluctant to push the boat out. Still more than I can afford though. :D

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