Help with buying ancients on Pecunem

I just won an auction on pecunem.com. I dont know how to pay on it. They say something about sending money directly from my credit card and I don't feel comfortable doing that. Id much rather use paypal. Do you guys know if it is safe and reliable? Thanks

 

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For future reference this may be something you will want to research before bidding in an auction.

If you look at the Term of Sales for Pecunem they state they will accept Paypal. You will receive an e-mail with checkout instructions once the auction is complete. Just follow the link and the steps listed to choose your payment method.

 

I have bid and won from Pecunem many times. Yep, safe and trustworthy. If I recall, they have a secure payment gateway.

I'll let you know later today as I've bid on and won a couple in the current auction.

Also, they are the absolute fastest shipper of any auction house I've used. Incredibly fast fulfillment. On a few occasions I've received the coins within 2-3 days and I live in a very remote place.

 

I have bought several coins from Pecunem sales but do have one suggestion. Buy several or one higher priced item. I am not bidding in today's sale because there is no coin I have to have and the ones I might want appear early in the sale. If you buy one 40 euro coin, you will end up paying about 70 euros for it after they add buyers' premium, Paypal add on and postage. If you buy five 40 euro coins, the premiums will be the same percentage but the one Registered postage fee will cover the bunch. Now I only bid on lesser coins when I know I will be buying something that makes the cost of postage worthwhile. If you have already bought one coin, you might want to look and see if there is anything still coming up that you might want to piggyback on to the package. That means if something else is going for a bargain price, I would cost you $25 less than it would cost me. Of course, it the first coin you bought is a $1000 item, the postage does not seem so bad.

When buying overseas I always get a kick out of the postage. This week, I had to sign for a Registered parcel mailed from Europe that cost me $40 postpaid. The same day the postman put a coin worth 5 times as much postpaid in the box with the ads and bills since it was coming from the US and mailed without insurance. (Several sellers are using private insurance now and that does not flag a parcel as 'Steal Me'.) It costs next to nothing to mail Registered from some countries and an arm and a leg from others. You need to pay attention when bidding.

I will be interested in seeing who bought what. There are two lots that they failed to describe properly that will be a bonus to someone (but not worth the postage to me to buy just one).

 

One such lot did tempt me but it looked roughly cleaned or tooled so I let it go.

 

136 and 572 were under or misdescribed but not nice examples. There is still an imperfect Philip ant I want but I won't buy it alone with all their add ons. A coin needs to be cheap, nice or really scarce. I paid too much recently so now I'm in a cheaper than usual time.

 

412 was on my watch/bid list but was already too high when I tuned in. It realized almost 15 times the estimate! I guess two people really wanted that coin...

 

Over and out for me, won 2 lots (111 and 268)

Tried hard on 164 but ended too high for me...

 

I haven't bid in a Pecunem since the Canadian dollar went down. There is no coin that I want bad enough to warrant the exchange rate + buyers premium + international registered shipping. Besides there are 3 other auctions closing this week that will probably tempt my bidding finger.

 

I won lot 139. I thought it was a nice Athenian Tetradrachm Transitional Pi-style Quadridigite example.

 

Their next sale is up already. I really like the speed at which they prepare the following sale - it keeps the momentum.

 

The only objection I have found is the overseas location and postal rates that requires. They have a nice mix of lower grade and nicer items. Each sale does have a coin or two that is not worth the minimum bid but that is the case with most sellers.

 

I discover that Auction 20 being up keeps me from seeing lots from auction 19 except those which I had saved on my watchlist. I tried to go see lot 139 but could not. I assume silverdrachm still can but Pecunem does not retain past sales for general research as does CNG. For that we all should thank CNG.

 

https://www.numisbids.com/n.php?p=sale&sid=762
I see you can still see lots via Numisbids.

 

You can also still see them on Pecunem's website by just editing the URL to change the auction number:

https://www.pecunem.com/auction-19/lot-139

 

When clicking on "Auctions" at the top of the page you can access/search all of their past sales.

 

I just paid for it now. I got confused because of the whole email thing but i got it now.

 

=> smooth lookin' Rhodes, my friend (cool)

 

Pecunem offers safe check-out. I used my PayPal to pay Pecunem this morning. Now we will see how long it takes for my new coin to arrive. In my limited experience with Pecunem, their delivery is typically lighting-fast.

BTW, someone bid against me in the 11th hour and did nothing but raise my cost 125 Euro. If they had bid 25 Euros more, then they would have discovered my max bid & they would now be waiting for the coin to arrive instead of me.