Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Observations from CNG 115, Part 1
>
Reply to Thread
Message:
<p>[QUOTE="pprp, post: 4869819, member: 94602"]I think there were several recycled Greek coins from Triton XXII of last January either unsold or sold around the estimate, which now went quite higher than the previous hammer prices.</p><p><br /></p><p>The low hammer prices of lots 55/56 (the syracyse decadrachms), 95 (the Mende tetradrachm) and 97 (the Alexander Oktadrachm) demonstrate that CNG is increasingly relying on 2-5 bidders like Clio and McDuck from Chile. They are utterly unpredictable and don't focus on a collecting field. Some times they ignore coins with noted provenances, sometimes they go crazy for others. There is no pattern.</p><p><br /></p><p>The bidding platform failed again.</p><p><br /></p><p>Prebidding did not close at 09:00am, instead people kept bidding after that time which is not at all understandable and caused more issues in the live as the auctioneer had to remove live bids because they discovered last minute "prior" bids.</p><p><br /></p><p>On some occasions the auctioneer said that he needed one more bid to clear the book - this caused a lot of negative comments the previous time and yet it happened again.</p><p><br /></p><p>I was the underbidder in all lots I participated; the hammers for most of them were 2-6 times the estimate. I am fed up with Clio, McDuck and their numismatic advisors. Yes it's a free market and they can do whatever they like. If they have so much money why don't they move to NAC and let the mid-value coins for true-normal collectors?![/QUOTE]</p><p><br /></p>
[QUOTE="pprp, post: 4869819, member: 94602"]I think there were several recycled Greek coins from Triton XXII of last January either unsold or sold around the estimate, which now went quite higher than the previous hammer prices. The low hammer prices of lots 55/56 (the syracyse decadrachms), 95 (the Mende tetradrachm) and 97 (the Alexander Oktadrachm) demonstrate that CNG is increasingly relying on 2-5 bidders like Clio and McDuck from Chile. They are utterly unpredictable and don't focus on a collecting field. Some times they ignore coins with noted provenances, sometimes they go crazy for others. There is no pattern. The bidding platform failed again. Prebidding did not close at 09:00am, instead people kept bidding after that time which is not at all understandable and caused more issues in the live as the auctioneer had to remove live bids because they discovered last minute "prior" bids. On some occasions the auctioneer said that he needed one more bid to clear the book - this caused a lot of negative comments the previous time and yet it happened again. I was the underbidder in all lots I participated; the hammers for most of them were 2-6 times the estimate. I am fed up with Clio, McDuck and their numismatic advisors. Yes it's a free market and they can do whatever they like. If they have so much money why don't they move to NAC and let the mid-value coins for true-normal collectors?![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Observations from CNG 115, Part 1
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...