Got skunked Triton XXII!

Well, I ended up getting a big fat O

Seems, everything I was interested in, went way past estimates.

Lets hear how others members fared....

John

 

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Awww,..

But, @panzerman,

Maybe there is some reason for that? Maybe G-d has some CRAZY COIN just waiting for you a month or so from now and He wantes you to store up some extra moolah!!!?? You know, so it won't 'smart' so much because maybe it will be a SUPER DUPER EXTRA SPECIAL coin?

Well... Maybe..
could be.

 

I bid on a handful of different coins and completely struck out. I would be bummed but it means more in the budget for the NYINC bourse. Hopefully I'll find a special coin or two there to make up for Triton and if not CNG's next e-sale is looking great.

 

You can't chase after something if you have set a boundary.

 

There were three or so coins that I wanted that ended up being (way) over my budget so nothing for me! I did, however, win my dream Constantius II solidus at the auction by Heritage and that was my top priority.

 

Being 'skunked' maybe you were lucky.....

 

Yeah, I hate that feeling when you’re prepared to bid 3x estimate and the coin goes at 10x estimate. I guess you can just double your budget for Triton XXIII now, eh?

 

John check your title, Triton XXIII just finished. I only bid on one coin
and was out bid by the next bid increment. At least I know my bid was
in the ballpark. Many times I bid 10X high estimate and the coin goes
for 15+ high estimate. I guess my bid sheet for that coin was used as a
coaster for the auctioneers glass of water. The 1438 gold gulden went
for a good price.

 

@panzerman Would you share a couple of the pieces you were chasing?

 

I did not find one that spoke to me (ie - the price was too high). The experience was worthwhile. It was a bit like visiting a zoo, the elephants were neat, but none came home with me.
The three cast bronzes were impressive, as were the EIDMAR &Phanes.

 

I am drooling over that bee coin.

 

There were some incredible coins in this auction, like this unique and important Aurelian and Vabalathus aureus which hammered for a quarter million dollars! https://auctions.cngcoins.com/lots/view/4-7O8BU/aurelian-with-vabalathus-ad-270-275-av-light-aureus-17mm-209-g-6h-antioch-mint-struck-november-ad-270-march-ad-272

This medallion of Gordian III is also a truly stunning coin and hammered for $120,000!https://auctions.cngcoins.com/lots/view/4-7O8AM/gordian-iii-ad-238-244-bimetallic-medallion-37mm-5224-g-12h-rome-mint-struck-ad-243-244

 

I placed one bid.
It was the biggest bid I have ever placed by far.. but still came up well short.

 

I was after the

I am still surprised that they let you handle coins with protective gloves! I have never touched any of mine with bare fingers.

 

I was after the Sicily AV Pierreale d'or Pedro I/ Constanza and the AV Mouton d'or Flanders/ Louis de Male/ both went way too high.

 

I've been collecting ancients for about 7 years and I watch price lists and auction results fairly closely. Auctions like Triton are above my budget but I do buy from the regular CNG e-auctions. I know the estimated price is fairly worthless.

Is it just me or has the ancient market price levels been generally rising?

 

Not just ancients, world coin prices are going ballistic too
Only US prices are stagnant/ well US coinage was way overpriced to begin with.

 

John, I got steamrolled at the auction too . Collectors were paying ridiculous prices . I bid on 6 coins & was close only on 1, a nice looking sestertius of Julia Domna. One coin that almost knocked me out of my chair is pictured below.



Ionia, Uncertain. C. 650-600 BC, EL Hemistater, 14 mm, 7.17 gm. Estimate $15,000. This ugly lump of electrum sold for $84,000.00 (including buyers fee) !

 

There where some crazy prices for sure/ If I had the means (being rich) I would have snapped up that Vabalathus aureus for 250K Not that EL Hemihekte
There was also a couple of Medieval coins that went for 3X what I got them for last year in European auctions/ actually mine are mint state/FDC, while the CNG ones where EF.

 

I was bidding on one coin, I thought my bid was high and that I had a 50/50 chance of winning the coin. Turns out it brought 2.5x my max bid.