Got skunked Triton XXII!

Discussion in 'Ancient Coins' started by panzerman, Jan 15, 2020.

  1. panzerman

    panzerman Well-Known Member

    Well, I ended up getting a big fat O :dead:

    Seems, everything I was interested in, went way past estimates.

    Lets hear how others members fared....

    John
     
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  3. LaCointessa

    LaCointessa Supporter! Supporter

    Awww,..

    But, @panzerman,

    Maybe there is some reason for that? Maybe G-d has some CRAZY COIN just waiting for you a month or so from now and He wantes you to store up some extra moolah!!!?? You know, so it won't 'smart' so much because maybe it will be a SUPER DUPER EXTRA SPECIAL coin?

    Well... Maybe..
    could be.
    :)
     
  4. red_spork

    red_spork Triumvir monetalis Supporter

    I bid on a handful of different coins and completely struck out. I would be bummed but it means more in the budget for the NYINC bourse. Hopefully I'll find a special coin or two there to make up for Triton and if not CNG's next e-sale is looking great.
     
    Paul M., panzerman and LaCointessa like this.
  5. Michael K

    Michael K Well-Known Member

    You can't chase after something if you have set a boundary.
     
    panzerman likes this.
  6. Romancollector

    Romancollector Well-Known Member

    There were three or so coins that I wanted that ended up being (way) over my budget so nothing for me! :( I did, however, win my dream Constantius II solidus at the auction by Heritage and that was my top priority.:happy:
     
    panzerman and Roman Collector like this.
  7. green18

    green18 Sweet on Commemorative Coins Supporter

    Being 'skunked' maybe you were lucky.....
     
    panzerman likes this.
  8. Paul M.

    Paul M. Well-Known Member

    Yeah, I hate that feeling when you’re prepared to bid 3x estimate and the coin goes at 10x estimate. I guess you can just double your budget for Triton XXIII now, eh? ;)
     
    panzerman likes this.
  9. tibor

    tibor Well-Known Member

    John check your title, Triton XXIII just finished. I only bid on one coin
    and was out bid by the next bid increment. At least I know my bid was
    in the ballpark. Many times I bid 10X high estimate and the coin goes
    for 15+ high estimate. I guess my bid sheet for that coin was used as a
    coaster for the auctioneers glass of water. The 1438 gold gulden went
    for a good price.
     
    panzerman likes this.
  10. tibor

    tibor Well-Known Member

    @panzerman Would you share a couple of the pieces you were chasing?
     
    panzerman likes this.
  11. rrdenarius

    rrdenarius non omnibus dormio Supporter

    I did not find one that spoke to me (ie - the price was too high). The experience was worthwhile. It was a bit like visiting a zoo, the elephants were neat, but none came home with me.
    The three cast bronzes were impressive, as were the EIDMAR &Phanes.
    20200114_090452.jpg
    20200114_090457.jpg
     
  12. spirityoda

    spirityoda Coin Junky Supporter

    I am drooling over that bee coin.
     
  13. Salaethus

    Salaethus Active Member

    There were some incredible coins in this auction, like this unique and important Aurelian and Vabalathus aureus which hammered for a quarter million dollars! https://auctions.cngcoins.com/lots/view/4-7O8BU/aurelian-with-vabalathus-ad-270-275-av-light-aureus-17mm-209-g-6h-antioch-mint-struck-november-ad-270-march-ad-272 Aurvab.jpg

    This medallion of Gordian III is also a truly stunning coin and hammered for $120,000!https://auctions.cngcoins.com/lots/view/4-7O8AM/gordian-iii-ad-238-244-bimetallic-medallion-37mm-5224-g-12h-rome-mint-struck-ad-243-244 gordiii.jpg


     
  14. Nvb

    Nvb Well-Known Member

    I placed one bid.
    It was the biggest bid I have ever placed by far.. but still came up well short.
     
  15. panzerman

    panzerman Well-Known Member

    I was after the
    I am still surprised that they let you handle coins with protective gloves! I have never touched any of mine with bare fingers.
     
  16. panzerman

    panzerman Well-Known Member

    I was after the Sicily AV Pierreale d'or Pedro I/ Constanza and the AV Mouton d'or Flanders/ Louis de Male/ both went way too high.
     
  17. I've been collecting ancients for about 7 years and I watch price lists and auction results fairly closely. Auctions like Triton are above my budget but I do buy from the regular CNG e-auctions. I know the estimated price is fairly worthless.

    Is it just me or has the ancient market price levels been generally rising?
     
    Archilochus and panzerman like this.
  18. panzerman

    panzerman Well-Known Member

    Not just ancients, world coin prices are going ballistic too:(
    Only US prices are stagnant/ well US coinage was way overpriced to begin with.
     
    TypeCoin971793 likes this.
  19. Al Kowsky

    Al Kowsky Supporter! Supporter

    John, I got steamrolled at the auction too :mad:. Collectors were paying ridiculous prices :wacky:. I bid on 6 coins & was close only on 1, a nice looking sestertius of Julia Domna. One coin that almost knocked me out of my chair is pictured below.


    upload_2020-1-16_11-20-9.png
    Ionia, Uncertain. C. 650-600 BC, EL Hemistater, 14 mm, 7.17 gm. Estimate $15,000. This ugly lump of electrum sold for $84,000.00 (including buyers fee) :jawdrop:!
     
    Theodosius, Justin Lee and panzerman like this.
  20. panzerman

    panzerman Well-Known Member

    There where some crazy prices for sure/ If I had the means (being rich) I would have snapped up that Vabalathus aureus for 250K:happy: Not that EL Hemihekte:dead:
    There was also a couple of Medieval coins that went for 3X what I got them for last year in European auctions/ actually mine are mint state/FDC, while the CNG ones where EF.
     
  21. Aethelred

    Aethelred The Old Dead King Supporter

    I was bidding on one coin, I thought my bid was high and that I had a 50/50 chance of winning the coin. Turns out it brought 2.5x my max bid.
     
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