The Perfect Auctions - The Holmes and Naftzger Large Cent Sales

This is an absolutely wonderful, insightful, and very interesting recap of the Holmes and Naftzger auction held this past weekend in L.A. It's from the point of view of a large dealer organization (Laura Sperber of Legend Numismatics) who participated in the auction and was able to even purchase a few pieces. Here's an opening paragraph from Laura's commentary on this auction:

"The results from these two sales let no one down-they were phenomenal and totally mind blowing! Prices realized and collector participation more than proved the coin market is starved for quality and has very strong and deep legs."

The entire article is well worth the read.

http://www.coinlink.com/News/us-coins/the-perfect-auctions-the-holmes-aan-nafzger-large-cent-sales/

 

Log in or Sign up to hide this ad.

Got this from Tom Deck yesterday:

On a lighter note, the Dan Holmes sale concluded late Sunday night, and I managed a few lots out of the auction, including one of the S-177s and the lower grade S-232, so I'm a happy camper. This was an historic sale for many reasons; every single early date variety was included in the sale (except for 1793 NC-5, which permanantly resides in the ANS museum); and it also featured the first $1,000,000 large cent, the finest known 1795 S-79 Reeded Edge. Craig Hamling posted a YouTube video of the calling of the S-79 here:
http://www.youtube.com/watch?v=TLK6QFK9uQU

 

Great article, thanks for the link PL. That auction will live on in numismatic history. I played a key roll in that auction, that of a long distance spectator. Saved my nickels and dimes for the Leo Wexler Collection 2 cent lots.

 

Wow. History making.

Ya know what strikes me about that video ? How calm and cool Ira Goldberg was calling that coin. He had to know the significance of what was happening. In fact, he had to know in advance it would be big; this was the #1 featured coin of the entire auction.

But he was so smooth and professional. You couldn't tell whether the words "nine hundred" meant $900 or $900,000.