I had about 8 targets and won 5. A nice mix of Republican bronze and Republican silver. Nothing earth-shattering, but nice coins. Only 1 of the 5 was cheap, by my estimation. I overpaid slightly for an Aes Grave, because I'm in the U.S. and need provenance. For the other three, I paid full value. There were lots of good value opportunities in the sale, but I was saving my money for some high value targets which, of course, didn't materialize! I thought "ordinary" Greek coins were selling particularly low, but I'm not actively collecting them.
1 of 6 for me. I bid high, but some of the hammers went really high in my estimates. Seems folks really like my targets - that is good and bad...
I'm looking forward to seeing everyone's "wins" from this auction and hearing more about the ones that got away!
i had 1 serious coin in mind https://www.sixbid.com/browse.html?auction=2716&category=57173&lot=2296094
The Roman Didrachmae & Drachmae... That is where I lost. I bid well above the Estimates, and the Hammers were well above me. My sole WIN was the Etruscan 2-1/2 Asses I posted above. Some of my LOST results: Lot Hammer EST (CHF) 1510 - lost 2400 est 2000 1734 - lost 3000 est 1250 1735 - lost 3250 est 1750 1737 - Lost 1300 est 750
Oki, I considered that one too but it sure looks like there are areas which have been filled (could just be a difference in patina), plus the cleaning gouges are severe.
I was an underbidder on one of the Roman didrachms, which I really wanted. They went for crazy money IMHO, well above market.
Agreed. I did my homework, and though that I bid high, just to ensure winning one or two of the 6 I bid on, still lost by a far margin. My 2-1/2 Asses was an afterthought, but I am glad I found and won that one.
@Carthago : that's a stunning example of Crawford 511/3a, expecially with regard to the centering. Congrats on a choice acquisition!
Tremendous material folks, I'm envious My only wins at that auction are catalogs (I didn't bid on any coin) Congrats to the winners Q
Sorry to revive an old thread, but I was considering something in the upcoming NAC auction and have never bid there before. I wondered what it is like bidding there and how the fees stack up. It looks like their BP is 21% plus they charge an additional 1.5% for live internet or phone bidding. They also mention a 7% VAT that you have to prove export with a customs declaration in order to get back and I wondered how that worked. I live in the U.S.
I've bid with NAC many times and I also live in the US. You don't pay VAT if you live outside the EU, and you will not be invoiced for VAT. Their fees are comparable to other major auction houses. NAC and their staff are are pleasure to deal with.
Being in the US, you won't have to worry about the VAT. Since it's Internet only, they're not charging the Internet fee for this sale. Edit: I see Carausius was three minutes faster than me!
This is, as far as I know, correct. NAC of course will likewise never bid on a coin owned by them - not permitted. However they do have a coin collection (non commercial and not "inventory"). Roberto Russo assembled a very significant collection of Roman Republican bronzes between the 1980s and 2000s, and that collection is still added to from time to time. For additions that collection, NAC will bid as with any other collector. But that of course isn't for inventory.
