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Dr. Greg Pineda Collection, US Philippine Coins; Sold by Lyn Knight Currency Auctions
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<p>[QUOTE="jhinton, post: 1461066, member: 24410"]Did anyone else participate in this auction? The US Philippine coins went for a song! There were some strong prices realized for some of the better stuff but for the most part I think this auction was under-promoted and the prices realized reflect that. Most of the estimates were still blown out of the water though, i.e. Estimate $250-$600 sold for $1600 etc. I expected a lot of that but still think most coins sold for less than the current trends some by a lot. I had an original budget for around 5K but after I saw what they were selling for.... I maxed out my coin budget for a quite a while...</p><p><br /></p><p>One of the two known 1907 (P) pesos sold for $165,000 plus buyers premium (15%)! On the low side of the $150,000 to $250,000 estimate.</p><p>There were also a decent amount of proof 67's that totally blew the estimate out some selling for 100% to 300% over the estimate. But, like I said above, I think a lot of the estimates were too low to begin with.</p><p><br /></p><p>I won't be able to post pics for a while due to my travelling and the amount of material I purchased (over 87 individual coins) but I will post the better ones when I am able.[/QUOTE]</p><p><br /></p>
[QUOTE="jhinton, post: 1461066, member: 24410"]Did anyone else participate in this auction? The US Philippine coins went for a song! There were some strong prices realized for some of the better stuff but for the most part I think this auction was under-promoted and the prices realized reflect that. Most of the estimates were still blown out of the water though, i.e. Estimate $250-$600 sold for $1600 etc. I expected a lot of that but still think most coins sold for less than the current trends some by a lot. I had an original budget for around 5K but after I saw what they were selling for.... I maxed out my coin budget for a quite a while... One of the two known 1907 (P) pesos sold for $165,000 plus buyers premium (15%)! On the low side of the $150,000 to $250,000 estimate. There were also a decent amount of proof 67's that totally blew the estimate out some selling for 100% to 300% over the estimate. But, like I said above, I think a lot of the estimates were too low to begin with. I won't be able to post pics for a while due to my travelling and the amount of material I purchased (over 87 individual coins) but I will post the better ones when I am able.[/QUOTE]
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Dr. Greg Pineda Collection, US Philippine Coins; Sold by Lyn Knight Currency Auctions
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