Hi as the title dictates I was just curious if anyone has had experience dealing with the above swiss firm? If so how was your experience and were the photos reflective of the coin in hand?
I'm just waking up, and can't remember any details offhand (it was a while ago). But what stuck is that it was a resonantly positive experience. ...I might've dealt with them twice; if so, ditto. ...YIPES. Late-breaking news flash: they were the ones who sold me this: https://www.numisbids.com/n.php?p=lot&sid=3704&lot=2262 Solidly, Roundly positive. ...And then they sent me the expensively bound 3 volumes of auction catalogues that other people here were getting.
I have participated in their auctions on several occasions. Competition is strong and the bids often shock me. In general, the lots are accurately described and the photos are less saturated than the coin in hand. Frequently, a coin will have a more richly colored patina in hand than in their photos.
Here’s the weird thing. I don’t, to my knowledge, have any transactional experience with Leu Numismatik. I might have bid on a lot or two in a recent auction, but I lost. They had to have gotten my address somehow. Because you see, just recently I got an international FedEx package that was really heavy- like almost five pounds, I would guess. Inside were three hardcover auction catalogs from them. Really nice quality. They even have those little ribbon bookmarks in them. A firm who can afford to have catalogs like these printed and then ship a heavy box of them via FedEx, overseas, to someone who has never purchased from them before, must be a pretty highfalutin’ operation, I reckon. I don’t know much else about them otherwise. And they plainly don’t know me, if they think I’m a high-roller prospect. (Oops, I did accidentally tear the corner of one dust jacket.)
I have bought from them plenty of times. Usually positive experiences. I would place them on about the same tier as CNG and Roma. As others have said, bidding has really kicked up on their auctions, compared to the first few. Some coins sell for several times "retail" price for no clear reason.
And here I was thinking that I was special getting a Roma XX catalog a few days back... I've done more business with Leu than Roma. LEU NUMISMATIK! Give me my auction catalogs!!!
Honest, @Herodotus, if there was any reasonable way to send them, you could have mine. It's all high-end Classical stuff, which kind of loses me on most of both counts. And real estate on the bookshelves is at a Serious premium. Seriously, I'm in the US. If you wanted, you'd be welcome to start a conversation about this.
I'm mostly joking, well partly, due to the sense of feeling slighted by Leu, heh. The beefy catalogs make for good coffee table displays. Perhaps to pique the interest of visitors that may drop by, so that I can bore them to death by bringing up my newfound passion of ancients collecting.
I'm still not sure if im glad with their beautiful catalogues they generously send out to everyone ever placing a bid whether succesful or not. Or that their fees are just too high...
Yep, it would seem you winning bidders are paying for us losers to get the catalogs, unsolicited and free of charge. Or maybe there was a clerical goof in my favor. Who knows. I sure wish they'd send me some free coins...
...Honest, though, is the bidding on Leu Numismatik going appreciably higher than anywhere else, nowadays?
I have worked with them as my representative bidding in some other sales. In my experience, they have been very thorough in their descriptions of pieces and their flaws. I don’t have any information as to how their photos look v. in hand, but at least in my experience, all of the pertinent issues with a coin have been mentioned, so I wouldn’t expect any unpleasant surprises on that front.
I have dealt with them a number of times. I have had no problems with them. I have found their photos to be quite accurate. Though I find their listings to be largely accurate, they did misattribute a coin I bought from them. Just make sure to check the appropriate references if you have them.
To second @Orfew, they sometimes miss on attribution. But but they're very conscientious about citing the references they have, which makes it that much easier to check them.
Not only : loosers participate too, as with their bids they increase the hammer price, hence the auction house's fees, even though only the winners pay for them. The more the bidders (successful or not) the merrier for them. It's thus worth sending catalogues to lots of people Q
For their web auctions, how do those operate as the ticker expires? I’ve only done the live auction before. CNG has, praise Jupiter, stopped the obnoxious sniping in their EA’s by resetting the timer a few seconds each time a bid is input when it’s about to run out. Does Leu do that, or is it truly once the time is up it’s up?