Baldwin and St. James Sales

[VickySilver]

I will not be a player in the upcoming sales as nothing of interest, other than maybe the proof 1853 1/2d, but there are a couple (well, three) coins that may be of interest to follow as barometers of the market, and perhaps readers might contribute others they noticed:

- Baldwin, 1869 1/2d. This coin is near to EF or EF and is estimated at ?80 pounds? This is a fairly scarce to rare date in quite decent state of presentation, possibly a bargain to be had but will be ineresting for me to see how much interest is shown in a lower to mid-priced Vicky bronze scarcity.

- St. James, 1908 2/6. This coin is also quite presentable, and nearing the EF preservation state. A decent, though not mint state coin that is fairly scarce but not rare and it is relatively lower priced as well. How much legitimate interest will be shown in this E7 issue, and possible indicator of interest for barometer of interest in this market.

- St. James, 1934 5/-. This coin is an OK GEF or so example of a somewhat rare date but not in supreme presentation. IMO, values for this coin generally peaked a couple of years ago and interest mildly on the wane. Will this bring 3750 pounds?

I don't know about others, but despite a posting elsewhere in these forums I feel not really great offerings in the Victorian and later pre-decimal coins. Some controversy about the DNW shillings, certainly. Were any of them cleaned/dipped and retoned? I did not see them in hand so really can't judge, just passing on some "scuttlebutt (sp?)". At least there were some interesting coins in the series, and would like to have had a couple....

[numismatist]

I think some prices are "on the wane" The Last DNW Sale had just over 11% unsold

and some other prices seemed to be down. Cromwell Halfcrown and Shilling both were

unsold, three Philip and Mary Shillings in a row were all unsold as was another P&M

Shilling later in the catalogue. These all very popular coins.Three decent looking

james 1 Unites reached £1350, £1350 and £980. Ivs seen similar for £2000 on Ebay,and

Five Guineas of William and Mary £4100 and Anne £3900 seem down a bit. There were

seven William and Mary Halfcrowns and four failed to sell. This was the sale just

before Coinex , where many Dealers used to stock up ready for the Fair. So nothing

to write home about for the sellers, though the Auctioneers got their cut as always.

[Rob]

The 1853 proof 1/2d might give a misleading result as it has verdigris on both sides. It ought to be unsold, but we shall see.

[VickySilver]

Rob, what was your take on the quality of the DNW shillings?

[Rob]

Rob, what was your take on the quality of the DNW shillings?

I didn't view them. I was only interested in a handful of pieces - a couple hammered pennies, and a few halfcrowns. Shillings weren't part of it.

[Rob]

If the sovereigns are barometric coins, the 1920S just sold at Baldwins for £650K hammer!!. No, it wasn't me.

[VickySilver]

Ouch! I was really broaching the subject of low-middle to middle market coins (if there is such a thing). Where are they going, is there sustained demand and how thin might the market be? I have done well selling over the last couple of years, but of course have been buying as well - carefully I hope, but seem to get different reads as to where its going.

I think most, including me, believe that upper echelon coins are in good shape. It is the "collector coins" that I wonder about, and have been for a while now...

[Rob]

Ouch! I was really broaching the subject of low-middle to middle market coins (if there is such a thing). Where are they going, is there sustained demand and how thin might the market be? I have done well selling over the last couple of years, but of course have been buying as well - carefully I hope, but seem to get different reads as to where its going.

I think most, including me, believe that upper echelon coins are in good shape. It is the "collector coins" that I wonder about, and have been for a while now...

As has been noted elsewhere, DNW had quite a few passed lots in the middle bracket. I think it is the age old story of quality mattering more than anything else, with the washer collectors only spending pennies and not really affected by any economic downturn (or upturn for that matter).

[pies]

Rob how do you define a washer collector

[Rob]

Rob how do you define a washer collector

One who collects common coins in fine or worse, who runs away when confronted with a price greater than that of a cup of coffee or a pint and who wants to pay less than melt for silver that is better off being scrapped. The only exceptions to this rule would be those engaged in a die study, where the cost of acquiring sufficient examples would be prohibitive.

[pies]

cheers, i was worried for a bit

[Peckris]

cheers, i was worried for a bit

LOL me too. I think the majority of us here fall into the 'middle' category, and are the ones who apparently need to worry most, unless we love our coins so much that loss of value is of no concern.

[Gary D]

cheers, i was worried for a bit

LOL me too. I think the majority of us here fall into the 'middle' category, and are the ones who apparently need to worry most, unless we love our coins so much that loss of value is of no concern.

Well I picked up the lot I was after. 1919 Maundy set £130+juice. Would have likely cost me about £180-210 on ebay.

[Rob]

cheers, i was worried for a bit

LOL me too. I think the majority of us here fall into the 'middle' category, and are the ones who apparently need to worry most, unless we love our coins so much that loss of value is of no concern.

Well I picked up the lot I was after. 1919 Maundy set £130+juice. Would have likely cost me about £180-210 on ebay.

I thought that might have been you. My max was....£130

[Gary D]

cheers, i was worried for a bit

LOL me too. I think the majority of us here fall into the 'middle' category, and are the ones who apparently need to worry most, unless we love our coins so much that loss of value is of no concern.

Well I picked up the lot I was after. 1919 Maundy set £130+juice. Would have likely cost me about £180-210 on ebay.

I thought that might have been you. My max was....£130

Well at least I thought I won it. No mention in My Saleroom

[azda]

Maybe Rob won it, he can sell you it for £200

[Rob]

Maybe Rob won it, he can sell you it for £200

Not me. I was bidding online, so when it got to 130 I didn't hit the button.

[Coinery]

Maybe Rob won it, he can sell you it for £200

Not me. I was bidding online, so when it got to 130 I didn't hit the button.

Can you bid online for StJames?

LIVE I mean!

Edited September 27, 2012 by Coinery

[Nick]

Maybe Rob won it, he can sell you it for £200

Not me. I was bidding online, so when it got to 130 I didn't hit the button.

Can you bid online for StJames?

LIVE I mean!

Yes, you can. I usually use the-saleroom.com but there are probably others (eg sixbid, etc).

[Coinery]

Maybe Rob won it, he can sell you it for £200

Not me. I was bidding online, so when it got to 130 I didn't hit the button.

Can you bid online for StJames?

LIVE I mean!

Yes, you can. I usually use the-saleroom.com but there are probably others (eg sixbid, etc).

Thanks, Nick! I did notice you could submit bids, much like paper submissions, but I didn't notice a facility for actual REAL-time bidding against the floor, I'll take another look!

[Gary D]

Maybe Rob won it, he can sell you it for £200

I only need the penny so I'll give him £30 for it