CNG 102 disappointing, especially for consignors

Yes no luck for me, also.
Looks like some bidders dont collect but buy and congign after 2 years or so.
There names suggest something else than collecting
Ah well always a next Auction

 

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Sugarbritches???

 

To be voiced with a sarcastic (but caring) twang.

It's a Southern Woman thang, y'all.

 

So you're one of those southern women who was 16 years old before she learned "damn" and "Yankee" were actually two separate words?

 

They are?

 

"Almasin" was my vex for the day. Outbid me on close to half a dozen lots and by less than 10% on most. He/She seems to have an affinity for Macedonian tets, like myself. It's bittersweet; I am short several tets, but saved me from a very awkward conversation with the wife.

Speaking of Mac tets and getting outbid by almasin, did this lot look iffy to anyone else?

 

My overall auction was great. I too had consigned a group of duplicates which no longer fit. Some did exceptionally well, some I intentionally overpaid at the time when I purchased them and lost some, and others did okay. There were only a few surprises in both directions but nothing to significantly complain about in aggregate.

I did manage to make one substantial purchase somewhat on a whim which went for very considerably less than I would have thought, which pushed my overall auction well into the "great" category despite losing money on some coins I consigned.

I suppose the moral of the story is that if you are selling coins in a less-than-stellarly attended sale, you should also buy coins in the same sale. It represents dollar cost averaging in its most immediate embodiment!

 

Whoa-whoa-whoa!! ... "Sugarbritches"

That's just nasty, coin-girlfriend => doghouse!!

 

LOL, DUDE! Your YUGO is parked...just WRONG... we can tell you were at the pub WAY too long, you began to think you had a WHITE car...

 

Fun thread. Glad to see I am not the only one watching today's circus. I can't explain why auctions shake out as they do. I continuously learn more each time......and it helps me little when the next auction arrives. The only thing I can count on are snipers.

Having said that, I had bids across 10 coins today. Going in, I was winning on 4. I raised bids on some of the 6 losers. As each came close to ending I still had the winning bid on 6 of those 10 until I got sniped. Some went for more than estimate, but for less than the seller had paid previously. All went up in price in the last moments. I could not afford them all, but I figured I would get outbid on some portion of them. I just didn't know which ones.

In the end, I 'won' one coin. It was the lot I wanted most, so I guess that is a bonus. I had the winning bid on the lot thru most of the auction, until the last second when someone tried to snipe me. Fortunately I had upped my bid at the last second in anticipation of a sniper. That sniper added 50% to my cost. I will post the winner in another thread. Dog eat dog. Today I both ate and was eaten.



One last thing, today I lost my virginity. Yes, the veil has been lifted from my eyes..........I finally got Clio'd.........on a Caracalla. It was as painful as it sounds.

Despite me being the only bidder through the entire auction. Clio sniped me in the last second. I had also raised my bid last moment, but like I said......I got Clio'd. And I got no flowers either.

 

What size shirt do you want?

Congrats on your one win, especially since it was your most wanted coin

 

If you ask TIF nicely, she might make you a nice t-shirt.

 

She beat me to it

 

I gather not everyone knows that the name Clio was one of the Greek Muses, in this case Muse of History. I'd call it a very appropriate screen name, gender not withstanding, for a student of serious numismatics not intending to resell the wins just because someone offers him $2 more than he paid. There is a fact here not all want to face. Some of us have many times the disposable cash that others have total net worth. If you felt that certain lots went too cheap, one might ask why you did not bid on them. My answer is that 90% of the coins in the sale were not things I would buy for the start bid and many not for a fraction of that number. There were coins in the sale that did not belong in a catalog sale and coins that perhaps should have been in a Triton. I do not pretend to know what factors are in play on deciding which coins go in which sale. I do know that I really miss the old Numismatic Fine Arts mail Bid sales where little dogs like me could buy coins beneath the notice of big dogs on their mailing list. The game has changed with online catalogs going out to thousands of people who have never touched a paper catalog. I'd love to see a list of the coins that went under estimate. Part of the fun

is trying to figure out why this coin went for 5x estimate and that one did not sell. It is probably more fun for spectators than 'victims'.

 

Nope. Learned something else today, thanks Doug.

 

I don't envy these richer people, I just really really dislike them. Just kidding (for the most part ).

It was a fun auction to watch and participate in. I feel grateful for the one lot I did manage to win.

 

I am happy to read this thread. I wanted to watch the auction unfold today but work became incredibly busy. Grumpy students

 

LOL, mine were writing a mid-term exam.

 

..............the same winner that won it again today.

 

I had a friend send me an email asking if I was happy with how my consignment did in CNG. I had forgotten it was closing today! Anyway, I basically broke even but it's because I paid way too much for one coin that did poorly. My fault and not anyone else's.

As for buying, my budget is completely reserved for the festivities across the pond next week in Europe.