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<p>[QUOTE="princeofwaldo, post: 2054095, member: 24091"]Well, they just broke for dinner at lot 29327, the Danish West Indies coins. </p><p><br /></p><p>Some remarkable results on the Cuban coins a few minutes ago. Perhaps the consensus it that normalization between Washington and Havana means all the Cuban material out there is due for a meteoric rise in price.</p><p><br /></p><p>The earlier part of the auction has been sort of a mixed bag, with most of the Chinese material doing well (no surprise there) along with noticeable weakness in some of the other countries. The Australian section in particular was a complete bust, --all sorts of coins that didn't draw a single bid. </p><p><br /></p><p>But then many of the coins just weren't that compelling regardless of how lofty the grade on the holder. The grading services can only push the envelope so far on the "technical" grade thing before bidders revolt at high reserves on coins that are actually kind of ugly, even if they are extremely rare in the assigned grade.</p><p><br /></p><p>On the flip side, nearly all of the Austrian gold did marvelous. The 1908 Lady In The Cloud issues were all much much stronger than I would have expected given the recent strength in the dollar.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 2054095, member: 24091"]Well, they just broke for dinner at lot 29327, the Danish West Indies coins. Some remarkable results on the Cuban coins a few minutes ago. Perhaps the consensus it that normalization between Washington and Havana means all the Cuban material out there is due for a meteoric rise in price. The earlier part of the auction has been sort of a mixed bag, with most of the Chinese material doing well (no surprise there) along with noticeable weakness in some of the other countries. The Australian section in particular was a complete bust, --all sorts of coins that didn't draw a single bid. But then many of the coins just weren't that compelling regardless of how lofty the grade on the holder. The grading services can only push the envelope so far on the "technical" grade thing before bidders revolt at high reserves on coins that are actually kind of ugly, even if they are extremely rare in the assigned grade. On the flip side, nearly all of the Austrian gold did marvelous. The 1908 Lady In The Cloud issues were all much much stronger than I would have expected given the recent strength in the dollar.[/QUOTE]
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Heritage NYINC Auction, --so far.
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