Fubar Posted October 1, 2012 Posted October 1, 2012 At our local auction house live internet bidding is monitored both by the auctioneer and a porter who will remind the auctioneer of bids and enters the bid increment he is using so that the internet knows what the next bid value will be. The porter finalises the sale if the internet is the winner and gives the auctioneer the bidder number for entry on the sale sheets.There is usually a slight pause at the end to give internet bidders a chance but only normally if the internet has placed bids during that lot's sale. This interest will be registered by the porter monitoring the internet. If the internet goes down there is normally a pause while the situation is resolved so that no internet bids are lost.What you see on the television programmes is the auctioneer's screen that only gives him the current bid value and where it came from. A bit like an electronic bidder in the room.As with all internet connections the speed depends on a multitude of factors and we have had internet bidders complaining that there were long delays updating their screens. This is normally down to individual connection speed. Although it's nice to see the auctioneer on your screen and hear his voice this can get quite confusing since the bid increment and sale completion can occur before the voice catches up. It's a matter of speed of your own connection and what you feel comfortable with. I used to monitor the auction from home before having to be there and it varied from sale to sale. During live internet auctions our sale rate drops to around 100 per hour and get quite slower if lots are generating a great deal of interest. "Normal" auctions are usually 120 to 130 lots per hour.Packing is normally done by a porter after the item has been paid for and postage/delivery costs agreed. I normally do the packing but more and more is being picked up by companies such as Mailbox or specialist couriers. This is principally because of insurance concerns. It's difficult to get cover for ceramic and high value items through the post. It's in the purchaser's own interest and responsibility to ensure that his item(s) arrive safely.Payment is also becoming more difficult. Because of past problems our local auction house will not accept card details over the phone so attendance in person is required if card payment is requested. BACS is the only way to pay remotely and cheques are no longer accepted. Bidding on a live internet auction is different because they handle the money and will accept cards but only after they have been authorised. The bidder list shown to the auction house lists all registered bidders and whether they have been verified or not. Unverified registered bidders are not allowed to bid.Normal commission bidders who have won lots normally get an invoice posted by the auction house a couple of working days after the sale but most of those will be local and normally ring up to find what they've been successful bidding for and then pay in person. Internet bidders are handled by the internet sale room and the money credited to the auction house once their commission has been deducted. The target is to complete the auction and pay out vendors before the next sale. In our case this is every fortnight. Quote
Nick Posted October 1, 2012 Posted October 1, 2012 (edited) Anybody know what the typical delivery charges are i cant seem to find itcheers Special delivery plus a little bit for packaging. £10 in the odd hundred or thousand or two won't break the bank.I won a lot at the Baldwins auction last week via the Saleroom. What happens now? Do I get an invoice though the post or by email etc.?I usually receive invoices from Baldwins through the post. Edited October 1, 2012 by Nick Quote
Coinery Posted October 1, 2012 Author Posted October 1, 2012 Just out of interest, what's the coin you're looking to upgrade?Just a box-standard, most common of all the Elizabeth sixpences (lot 396)! Also, I can't stop returning to look at the threepence (399), still haven't decided about that one, even now!The sixpence isn't really a better grade, it's just a little more 'balanced,' I'm just not certain about that obverse tone, so I'm trusting in poor white balance on this occasion.You will doubtless be pleased to know that although it was on my initial provisional list, it has now been discarded. Hah, yes, definitely so...not sure I want a handbag duel with you, just yet, you have to let me grow big and strong first! Thanks for the consideration, though, Rob!All went smoothly, I managed to get 3 bids away successfully on lot 396, I just didn't want to go to the next increment which, with fees & post, would've had me at £335 - the very top end for a regular sixpence, as far as my pocket (and understanding) is concerned at least!AND lot 399, are you sure you discarded it? Off the scale again for me, I never even started!Great tool, though, will be using it again! With the good images you've got half a chance!Thanks for all the tips, Viva la Saleroom! Quote
Rob Posted October 1, 2012 Posted October 1, 2012 Just out of interest, what's the coin you're looking to upgrade?Just a box-standard, most common of all the Elizabeth sixpences (lot 396)! Also, I can't stop returning to look at the threepence (399), still haven't decided about that one, even now!The sixpence isn't really a better grade, it's just a little more 'balanced,' I'm just not certain about that obverse tone, so I'm trusting in poor white balance on this occasion.You will doubtless be pleased to know that although it was on my initial provisional list, it has now been discarded. Hah, yes, definitely so...not sure I want a handbag duel with you, just yet, you have to let me grow big and strong first! Thanks for the consideration, though, Rob!All went smoothly, I managed to get 3 bids away successfully on lot 396, I just didn't want to go to the next increment which, with fees & post, would've had me at £335 - the very top end for a regular sixpence, as far as my pocket (and understanding) is concerned at least!AND lot 399, are you sure you discarded it? Off the scale again for me, I never even started!Great tool, though, will be using it again! With the good images you've got half a chance!Thanks for all the tips, Viva la Saleroom!Flat quarter in the shield. It isn't impossible to get a decent eglantine anyway as the mark is hardly rare. Need to concentrate on getting the eglantine over marks first, then I can see what denominations I don't have with the mark and elsewhere and concentrate on these. Quote
Coinery Posted October 1, 2012 Author Posted October 1, 2012 Just out of interest, what's the coin you're looking to upgrade?Just a box-standard, most common of all the Elizabeth sixpences (lot 396)! Also, I can't stop returning to look at the threepence (399), still haven't decided about that one, even now!The sixpence isn't really a better grade, it's just a little more 'balanced,' I'm just not certain about that obverse tone, so I'm trusting in poor white balance on this occasion.You will doubtless be pleased to know that although it was on my initial provisional list, it has now been discarded. Hah, yes, definitely so...not sure I want a handbag duel with you, just yet, you have to let me grow big and strong first! Thanks for the consideration, though, Rob!All went smoothly, I managed to get 3 bids away successfully on lot 396, I just didn't want to go to the next increment which, with fees & post, would've had me at £335 - the very top end for a regular sixpence, as far as my pocket (and understanding) is concerned at least!AND lot 399, are you sure you discarded it? Off the scale again for me, I never even started!Great tool, though, will be using it again! With the good images you've got half a chance!Thanks for all the tips, Viva la Saleroom!Flat quarter in the shield. It isn't impossible to get a decent eglantine anyway as the mark is hardly rare. Need to concentrate on getting the eglantine over marks first, then I can see what denominations I don't have with the mark and elsewhere and concentrate on these.Hang on a minute, what do you mean? Get orf! They do come up quite a bit! Mine, whilst not a patch on the StJames coin, and only a mere 'regular' 1575, was just £22.00. I would've happily given it away if I could've got the StJames coin at a 'regular' price. I think I might have gone mad on the StJames coin if the crown band was a little closer to the front edge of the crown, then it would've had 'balance'! Quote
Peter Posted October 1, 2012 Posted October 1, 2012 A lot of the estimates appeared to be way off(high and low)It will be interesting to see the results. Quote
Coinery Posted October 1, 2012 Author Posted October 1, 2012 A lot of the estimates appeared to be way off(high and low)It will be interesting to see the results.With the volume turned up, it created quite an atmosphere in our little 'van I can tell you! "£32K with me, £32,500 with the room, selling at £32,500, it's with you at £32,500 Sir, £33K on the 'net..." Pheeeweee! Quote
Accumulator Posted October 1, 2012 Posted October 1, 2012 A lot of the estimates appeared to be way off(high and low)It will be interesting to see the results.With the volume turned up, it created quite an atmosphere in our little 'van I can tell you! "£32K with me, £32,500 with the room, selling at £32,500, it's with you at £32,500 Sir, £33K on the 'net..." Pheeeweee! £100k for the triple unite. There's some serious money chasing these Gold coins. Quote
pies Posted October 1, 2012 Posted October 1, 2012 £100k for the triple unite. There's some serious money chasing these Gold coins.Thought it was going to keep on going as well I was watching the pennies the decent ones went double top end estimate,lesser ones were just making lowere estimate or bombedintresting Quote
Accumulator Posted October 1, 2012 Posted October 1, 2012 £100k for the triple unite. There's some serious money chasing these Gold coins.Thought it was going to keep on going as well I was watching the pennies the decent ones went double top end estimate,lesser ones were just making lowere estimate or bombedintresting Did you watch the 1856? Quote
pies Posted October 1, 2012 Posted October 1, 2012 Saw some of the copper stuff fly, most in fact, i assume you got the 56,lovely coin Quote
Accumulator Posted October 1, 2012 Posted October 1, 2012 Saw some of the copper stuff fly, most in fact, i assume you got the 56,lovely coin Thank you. To be honest I expected it to go a lot higher and assumed I'd have to drop out. The below estimate price was a pleasant surprise. Quote
Coinery Posted October 1, 2012 Author Posted October 1, 2012 £100k for the triple unite. There's some serious money chasing these Gold coins.Thought it was going to keep on going as well I was watching the pennies the decent ones went double top end estimate,lesser ones were just making lowere estimate or bombedintresting It's that old adage, and one that's been talked about time and time again on the forum. Exactly the same with the Hammered Elizabeth silver, the good stuff=good prices, the rest (highly estimated to begin with IMO) never even sold! Quote
Rob Posted October 1, 2012 Posted October 1, 2012 I had a frustrating day. Four things went to my max in the room before the internet bids were entertained and two went way beyond. 0 from 6 is not good. Quote
Coinery Posted October 1, 2012 Author Posted October 1, 2012 I had a frustrating day. Four things went to my max in the room before the internet bids were entertained and two went way beyond. 0 from 6 is not good. That's the trouble when you want/spot the best I guess! You've just got to be there on the day when your competitor is sat on the hard-shoulder of the M4 waiting for the AA, then it's party time.The 1561 sixpence I wanted would have sold at it's opening bid of £140 if the other guy was otherwise indisposed! Quote
Rob Posted October 1, 2012 Posted October 1, 2012 And StJames'I also thought it possible that the coin had been mounted or held by a clasp at some point. Look at the flattened beading above the bust and the horizontal mark on the cross end at 6 o'clock. Quote
Coinery Posted October 1, 2012 Author Posted October 1, 2012 And StJames'I also thought it possible that the coin had been mounted or held by a clasp at some point. Look at the flattened beading above the bust and the horizontal mark on the cross end at 6 o'clock.DEFINITELY! I hope you're reading this whoever you are? Quote
Rob Posted October 1, 2012 Posted October 1, 2012 I had a frustrating day. Four things went to my max in the room before the internet bids were entertained and two went way beyond. 0 from 6 is not good. That's the trouble when you want/spot the best I guess! You've just got to be there on the day when your competitor is sat on the hard-shoulder of the M4 waiting for the AA, then it's party time.The 1561 sixpence I wanted would have sold at it's opening bid of £140 if the other guy was otherwise indisposed! The one I was most interested in was the Henry VIII half crown with the rose/lis over rose marks. That coin isn't the best available, but having done all the spadework I was willing to buy it up to the hammer price. The problem with the lis over rose mark is that it doesn't occur on the groats, so you are stuck with either a crown of the double rose (which I also need for the HA and HI marked coins), the corresponding halfcrown or the Worcester groat. The last named will cost 2 or 3 times that of a Henry VIII gold piece and have all the aesthetic qualities of a lump of roadkill. I don't particularly want to play 'Guess what it is'. Quote
Coinery Posted October 1, 2012 Author Posted October 1, 2012 I had a frustrating day. Four things went to my max in the room before the internet bids were entertained and two went way beyond. 0 from 6 is not good. That's the trouble when you want/spot the best I guess! You've just got to be there on the day when your competitor is sat on the hard-shoulder of the M4 waiting for the AA, then it's party time.The 1561 sixpence I wanted would have sold at it's opening bid of £140 if the other guy was otherwise indisposed! The one I was most interested in was the Henry VIII half crown with the rose/lis over rose marks. That coin isn't the best available, but having done all the spadework I was willing to buy it up to the hammer price. The problem with the lis over rose mark is that it doesn't occur on the groats, so you are stuck with either a crown of the double rose (which I also need for the HA and HI marked coins), the corresponding halfcrown or the Worcester groat. The last named will cost 2 or 3 times that of a Henry VIII gold piece and have all the aesthetic qualities of a lump of roadkill. I don't particularly want to play 'Guess what it is'.1.79g in gold, now that's a tiny little coin! I'm looking forward to sorting the boat out, so finances will permit me the luxury of a few gold pieces.That's quite a broad ensemble you have, I always had it in my head you had a mountain of the early-days pennies and trays upon trays of the big silver of Charles I! Quote
VickySilver Posted October 1, 2012 Posted October 1, 2012 The '56 penny went for what?Fortunately for me I didn't spot any "have to" bits.... Quote
Accumulator Posted October 1, 2012 Posted October 1, 2012 The '56 penny went for what?Fortunately for me I didn't spot any "have to" bits....1400 + premium. Estimate was 1500-2000 Quote
pies Posted October 1, 2012 Posted October 1, 2012 The '56 penny went for what?Fortunately for me I didn't spot any "have to" bits....too much for me Quote
Coinery Posted October 1, 2012 Author Posted October 1, 2012 The '56 penny went for what?Fortunately for me I didn't spot any "have to" bits....1400 + premium. Estimate was 1500-2000Looking forward to seeing that! Quote
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