Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Do you think that Roma Numismatics overestimate the value of their lots?
>
Reply to Thread
Message:
<p>[QUOTE="Andrew McCabe, post: 3133914, member: 90666"]MBA (Henley, 1995). Career in commerce in oil sector, most recent period in acquisitions and divestments. I was aware of the study you linked to and have no disagreements with the study. Still I have my own experience in selling several hundred coins through Roma and several hundred through CNG. Relative to price I originally paid for coins, I have achieved essentially identical results through both approaches. Both CNG and Roma have returned to me approx 95-100% my prices paid over the long run. Buyers are paying more than I paid of course, including commissions. Noting again what I said in my prior post as it may have been missed, this thread is about the accuracy of estimates, not about the most effective approach to take. Although from my experience both the strong and weak estimate approach seem in practice to give me same results as a consignor. Perhaps there's a third way I haven't yet tried.</p><p><br /></p><p>On Friday I added another Christies auction to my shelves, their June 1987 New York sale. I've a few Christies provenanced coins, such as Christies Roma (18 Dec.1980) lot 138 P.MAE ANT denarius, or my Vibia aureus, ex Christies (28 May 1963) lot 1, Lord Hever, John Jacob Astor coll. (1886-1971) 1908 Olympic gold medallist, owner The Times newspaper, MP for Dover 1922-1945. My records show I've checked most of their London, Milan, New York sales back to about 1900. But I've a short memory span and probable early-onset dementia, so it's possible as you say that right now I might not know them.</p><p><br /></p><p><a href="https://flic.kr/p/icWTwo" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://flic.kr/p/icWTwo" rel="nofollow"><img src="https://farm4.staticflickr.com/3710/11293255886_d528c50789_c.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a>[/QUOTE]</p><p><br /></p>
[QUOTE="Andrew McCabe, post: 3133914, member: 90666"]MBA (Henley, 1995). Career in commerce in oil sector, most recent period in acquisitions and divestments. I was aware of the study you linked to and have no disagreements with the study. Still I have my own experience in selling several hundred coins through Roma and several hundred through CNG. Relative to price I originally paid for coins, I have achieved essentially identical results through both approaches. Both CNG and Roma have returned to me approx 95-100% my prices paid over the long run. Buyers are paying more than I paid of course, including commissions. Noting again what I said in my prior post as it may have been missed, this thread is about the accuracy of estimates, not about the most effective approach to take. Although from my experience both the strong and weak estimate approach seem in practice to give me same results as a consignor. Perhaps there's a third way I haven't yet tried. On Friday I added another Christies auction to my shelves, their June 1987 New York sale. I've a few Christies provenanced coins, such as Christies Roma (18 Dec.1980) lot 138 P.MAE ANT denarius, or my Vibia aureus, ex Christies (28 May 1963) lot 1, Lord Hever, John Jacob Astor coll. (1886-1971) 1908 Olympic gold medallist, owner The Times newspaper, MP for Dover 1922-1945. My records show I've checked most of their London, Milan, New York sales back to about 1900. But I've a short memory span and probable early-onset dementia, so it's possible as you say that right now I might not know them. [url=https://flic.kr/p/icWTwo][img]https://farm4.staticflickr.com/3710/11293255886_d528c50789_c.jpg[/img][/url][/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
>
Ancient Coins
>
Do you think that Roma Numismatics overestimate the value of their lots?
>
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...