Upcoming Dnw Sale

[azda]

I know this sale has served quite a depressive effect on my collecting (ok, well of the nicer bits)....I guess there won't be an upgrade of my 1854 florin for a good long while!

This sale seems to have gone over the top a bit. However, I have been able to buy coins at the previous DNW auction as well as at the last two London Coins auctions at reasonable prices.

In fact, one of the lots I bought at this one I think is pretty reasonably priced. Eight coins, but three of them justify the price and two others are keepers. Not great or super rare. But okay.

The other lot I really wanted was the 1893 Jubilee head sixpence. I think it went for £2,500. Out of my league right now (I was willing to go to £2,200) but not outrageous given the rarity.

It will be interesting to see if these prices represent a trend. Personally, I suspect there is a slight increase in interest as the economy continue to recover. But I also think that this sale might be a bit of an anomaly. Time will tell.

A 50 year collection of some High grade coins AMD rarities Coupled with several factors, large denomination silver and advertised since june will bring in the masses. I'm not sure its a trend, its a High end auction that does'nt come around every month.

[azda]

Well thats my invoice paid. Now to sit back and wait for the arrivals

Edited September 19, 2013 by azda

[Peckris]

You can't live off cavier alone, you need to come

Down to servants quarters and eat the bread and Butter and Stuart has the correct philosophy. Its a balancing act, i now buy 85% -90% bread and butter and the other percentage is the caviar.

The danger of purchasing bread and butter is that it might not sell, then you get depressed just looking at it. It isn't only the top end where people are selective. Some of the real dross is unmarketable to anybody, such as a fine or a bit better 20th century piece or a common date bun head which is well nigh impossible to dispose of other than at the scrapyard. It is often more cost effective to melt silver that is post 1816 in low grade than it is to try to sell it - rare pieces excepted, but also very difficult to pick up things at less than scrap value in order to make a profit.

Bread and butter coins for me are the coins which DO sell, mostly because they have a wider audience, and are sought after by the mainstream of collectors, rather than a high-end piece at the very top of its price range.

Of course, Rob's right when he says that you have to be selective! I'd say that's true whether you are spending a fiver on a 1930 penny, or buying a York HC.

It is really hard to purchase saleable/popular coins for resale, but few could afford the luxury pieces without getting this formula right!

Fortunately, it's still possible to do! Happy days!

Admittedly my dealing was very low key stuff - stack 'em high, sell 'em cheap - but one thing I did learn : there is an enthusiastic market at the lower end. Admittedly not for 1890-92 buns in F, but certainly for 1864 pennies, 1904 halfcrowns, etc, in VG+ there were plenty of buyers. At least there were in the 90s, but eBay may have changed that. And there were quite often bulk lots where I could filch out the best stuff for my own collection and sell the rest.

[azda]

So my 3 lots from DNW were 1105 1116 and 1362

[HistoricCoinage]

Well thats my invoice paid. Now to sit back and wait for the arrivals

Do we know how long DNW normally take to dispatch lots? I've only ever collected in person before.

[Paulus]

I won 2 lots at the previous DNW auction and they were extremely efficient, the coins arrived within 4 days

[azda]

No idea how Long they'll take to get to me, first time i've purchased from DNW for myself

The Boss has just found out how much i've just spent. She mentioned divorce, i said i was'nt so lucky

Edited September 19, 2013 by azda

[HistoricCoinage]

I won 2 lots at the previous DNW auction and they were extremely efficient, the coins arrived within 4 days

Brilliant. Cheers, Paulus!

[rpeddie]

my coin from Tuesday arrived today if that helps much?

[HistoricCoinage]

my coin from Tuesday arrived today if that helps much?

Thanks. It's not quite 1, yet, so Special Delivery could be kind but I'm predicting not until Monday.

[azda]

my coin from Tuesday arrived today if that helps much?

Geez that was quick

[Nick]

Well thats my invoice paid. Now to sit back and wait for the arrivals

Do we know how long DNW normally take to dispatch lots? I've only ever collected in person before.

On one occasion, not that long ago, I paid my online invoice before the day's auction had finished and received my coins the next day. Impressive.

[argentumandcoins]

No idea how Long they'll take to get to me, first time i've purchased from DNW for myself

The Boss has just found out how much i've just spent. She mentioned divorce, i said i was'nt so lucky

It would be cheaper to have bought half of the DNW sale than get divorced and you can trust me on that one old bean!

[Paulus]

No idea how Long they'll take to get to me, first time i've purchased from DNW for myself

The Boss has just found out how much i've just spent. She mentioned divorce, i said i was'nt so lucky

It would be cheaper to have bought half of the DNW sale than get divorced and you can trust me on that one old bean!

For future decision making on this, a quick Excel copy/paste reveals it would have cost over £800,000 for half the 2 day sale (including juice)

[HistoricCoinage]

Just got a phone call, my lots will be with me tomorrow. Very good service.

[argentumandcoins]

No idea how Long they'll take to get to me, first time i've purchased from DNW for myself

The Boss has just found out how much i've just spent. She mentioned divorce, i said i was'nt so lucky

It would be cheaper to have bought half of the DNW sale than get divorced and you can trust me on that one old bean!

For future decision making on this, a quick Excel copy/paste reveals it would have cost over £800,000 for half the 2 day sale (including juice)

DNW don't want your testicles or the rest of your life in payment though Paul

Edited September 19, 2013 by argentumandcoins

[Gary D]

No idea how Long they'll take to get to me, first time i've purchased from DNW for myself

The Boss has just found out how much i've just spent. She mentioned divorce, i said i was'nt so lucky

It would be cheaper to have bought half of the DNW sale than get divorced and you can trust me on that one old bean!

For future decision making on this, a quick Excel copy/paste reveals it would have cost over £800,000 for half the 2 day sale (including juice)

DNW don't want your testicles or the rest of your life in payment though Paul

Oh they do, but just without all the incriminations and anamosity.

[Rob]

On the plus side, I made a profit from the DNW sales, so more money to spend next week. Income exceeded expenditure, mainly due to my refusal to open the wallet regardless of the cost, but I can see next week negating that problem.

[Peter]

So are we expecting a flurry of 10 shilling notes blowing around Manchester next week?

[HistoricCoinage]

So are we expecting a flurry of 10 shilling notes blowing around Manchester next week?

Sorry, Peter. Rob consigned them to me last week.

[Peter]

I remember these from aunts & uncles

I also put a collection of 10 shilling notes and £1 notes together 8 or 9 years ago.

[Peckris]

I remember these from aunts & uncles

I also put a collection of 10 shilling notes and £1 notes together 8 or 9 years ago.

I have some spare blue fivers (1960s) which I bought as a bulk lot in Taunton a few years back? They cost me little more than £5 each, but nobody seemed to notice that there was a replacement note among them... Needless to say, THAT one isn't on offer!

[Peter]

I keep my eyes peeled for white fiver's and the Jerry dropped version's.

The replacement notes are nice to find.

Edited September 20, 2013 by Peter

[HistoricCoinage]

My lots arrived today, immaculately packaged. Impressive.

[Peckris]

I keep my eyes peeled for white fiver's and the Jerry dropped version's.

The replacement notes are nice to find.

What are those worth nowadays compared to the kosher one?