Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
bizzar coin auction
>
Reply to Thread
Message:
<p>[QUOTE="Victor, post: 212348, member: 5454"]Well it was weird. And I never saw anything like it. Here is what I think:</p><p>It was a private estate coin. Anyone in the public sector can bid. So the auctioneer and his son are just </p><p>another two people in the general population. And they have every right to bid on items.</p><p>I'm just guessing that's the story.</p><p> As the lots were auctioned off more of the story unraveled. Some coins came up and the auctioneer again says: We have 2 bids. $ 250 and $255, do I hear $260? A guy behind me goes $260.</p><p><br /></p><p>The auctioneer says "I'm out." Then looks at his son and says "You're out, do I hear $265?"</p><p>Then it went on from there.</p><p> I was bidding on a coin and the auction had not ended. I went $40 and the auctioneer pointed right at me and then says $45? All quiet. He points at me again and says "Sold for $40."</p><p>Then the runner comes over and gives the coin to the guy right behind me! It seems like we both raised our card at the same time for $40. So he was pointing to the guy behind me.</p><p> A week or so later I talked to the auctioneer and mentioned that I had also bid $40. He says he didn't see me. Then I asked well should I have yelled $45? he says it was too late, the gavel came down. But he says if he saw me he would have taken it to $45.</p><p>Well there is so much I don't know about bidding protocol. But in another case when nobody bid $10 for the 1982 Proof Washington half; he says "Who will give $5?" I raised my bid card and he says "Sold for $5, I'm not even going to ask for $6." So it looks like we play by his rules- and he can change the rules at a whim.</p><p>I won that time. And his stuff was going cheap too. St. Gaudens slabbed MS-63 $20 Gold was going for $750, and $800.</p><p>Don't get me wrong. I like the guy. He just opened a coin shop and I sell and buy from him. I don't really want to dislike him because then there will be NO coin dealers I like. And so far he has been fair at the shop. He turned the auctions over to his son and sold the parking lot. But he is running one more coin auction April 13th.[/QUOTE]</p><p><br /></p>
[QUOTE="Victor, post: 212348, member: 5454"]Well it was weird. And I never saw anything like it. Here is what I think: It was a private estate coin. Anyone in the public sector can bid. So the auctioneer and his son are just another two people in the general population. And they have every right to bid on items. I'm just guessing that's the story. As the lots were auctioned off more of the story unraveled. Some coins came up and the auctioneer again says: We have 2 bids. $ 250 and $255, do I hear $260? A guy behind me goes $260. The auctioneer says "I'm out." Then looks at his son and says "You're out, do I hear $265?" Then it went on from there. I was bidding on a coin and the auction had not ended. I went $40 and the auctioneer pointed right at me and then says $45? All quiet. He points at me again and says "Sold for $40." Then the runner comes over and gives the coin to the guy right behind me! It seems like we both raised our card at the same time for $40. So he was pointing to the guy behind me. A week or so later I talked to the auctioneer and mentioned that I had also bid $40. He says he didn't see me. Then I asked well should I have yelled $45? he says it was too late, the gavel came down. But he says if he saw me he would have taken it to $45. Well there is so much I don't know about bidding protocol. But in another case when nobody bid $10 for the 1982 Proof Washington half; he says "Who will give $5?" I raised my bid card and he says "Sold for $5, I'm not even going to ask for $6." So it looks like we play by his rules- and he can change the rules at a whim. I won that time. And his stuff was going cheap too. St. Gaudens slabbed MS-63 $20 Gold was going for $750, and $800. Don't get me wrong. I like the guy. He just opened a coin shop and I sell and buy from him. I don't really want to dislike him because then there will be NO coin dealers I like. And so far he has been fair at the shop. He turned the auctions over to his son and sold the parking lot. But he is running one more coin auction April 13th.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
bizzar coin auction
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...