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Right Now!! Auction on LiveAuctioneers - auctioning beautiful proof Franklins at below Grey Sheet
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<p>[QUOTE="Revello, post: 24657314, member: 103898"]The auction was conducted by The Mangnusson Group out of Morristown, NJ. Buyer's premium was 20%, plus 2.8% if purchasing with a credit card. There were some really, REALLY good bargains in that auction. There was one bidder who left a LOT of prebids who cleaned house on some bargain buys. I purchased 18 lots. Some examples of what I thought were some of my pretty good buys (cost to me amounts below include the 22.28% total BP + credit card processing fee):</p><p><br /></p><p>- Proof-68 1962 Ultra Cameo Franklin Half (NGC), cost to me: $276.30; Grey Sheet: $325</p><p>- Proof-67 1959 Cameo Franklin Half (PCGS), cost to me: $215; Grey Sheet: $350</p><p>- Proof-69 (all coins, NGC) 1964 Proof Set, cost to me: $90; sum of parts estimate: ~$225</p><p>- Proof-67 1953 and 1954 Franklin Halves (NGC), cost to me: $473; Grey Sheet: $510</p><p>- Proof-68 Cameo 1955 and 1956 (Typ 2) Franklin Halves (NGC), cost to me: $473; Grey Sheet: $580</p><p>- Proof-66 1951 Franklin Half (NGC), cost to me: $400; Grey Sheet: $525</p><p>- Proof-68 (all coins, NGC) 1963 Proof Set, cost to me: $66; sum of parts estimate: ~$130</p><p>- Proof-69 1955 Franklin Half (NGC), cost to me: $313; Estimate auction retail: ~$400</p><p>- Proof-69 (all coins, NGC) 1957 Proof Set, cost to me: $252; sum of parts estimate: ~$650</p><p><br /></p><p>I wish I had devoted more time ahead of the auction to arrive at a sum of the parts estimate for the high grade proof sets they auctioned.</p><p><br /></p><p>*** The steal of the auction was a Proof 1954 Set, with a PF-68 Half, and the rest of the coins were PF-69. The sum of the parts estimate, based on auction prices, was about $1500. The set sold at the Magnusson auction for $230 (I didn't win it because I was unfortunately called away from the computer when that lot came up, ugh. That pre-bidder who didn't actively participate during the auction, to my knowledge, scarfed that one up at the bargain price.).</p><p><br /></p><p>I won quite a few of the higher priced proof Franklin halves, at about Grey Sheet value or good sum of the parts estimate (Proof-67 (all coins, NGC) 1950 Proof Set for $2760; Proof-67 1951 Franklin Half; Proof-69 1954 Franklin Half; Proof-69 1956 Type 1 Franklin Half). Wish they had offered a Proof 1961 FS-801 DDR Franklin Half. I need one.[/QUOTE]</p><p><br /></p>
[QUOTE="Revello, post: 24657314, member: 103898"]The auction was conducted by The Mangnusson Group out of Morristown, NJ. Buyer's premium was 20%, plus 2.8% if purchasing with a credit card. There were some really, REALLY good bargains in that auction. There was one bidder who left a LOT of prebids who cleaned house on some bargain buys. I purchased 18 lots. Some examples of what I thought were some of my pretty good buys (cost to me amounts below include the 22.28% total BP + credit card processing fee): - Proof-68 1962 Ultra Cameo Franklin Half (NGC), cost to me: $276.30; Grey Sheet: $325 - Proof-67 1959 Cameo Franklin Half (PCGS), cost to me: $215; Grey Sheet: $350 - Proof-69 (all coins, NGC) 1964 Proof Set, cost to me: $90; sum of parts estimate: ~$225 - Proof-67 1953 and 1954 Franklin Halves (NGC), cost to me: $473; Grey Sheet: $510 - Proof-68 Cameo 1955 and 1956 (Typ 2) Franklin Halves (NGC), cost to me: $473; Grey Sheet: $580 - Proof-66 1951 Franklin Half (NGC), cost to me: $400; Grey Sheet: $525 - Proof-68 (all coins, NGC) 1963 Proof Set, cost to me: $66; sum of parts estimate: ~$130 - Proof-69 1955 Franklin Half (NGC), cost to me: $313; Estimate auction retail: ~$400 - Proof-69 (all coins, NGC) 1957 Proof Set, cost to me: $252; sum of parts estimate: ~$650 I wish I had devoted more time ahead of the auction to arrive at a sum of the parts estimate for the high grade proof sets they auctioned. *** The steal of the auction was a Proof 1954 Set, with a PF-68 Half, and the rest of the coins were PF-69. The sum of the parts estimate, based on auction prices, was about $1500. The set sold at the Magnusson auction for $230 (I didn't win it because I was unfortunately called away from the computer when that lot came up, ugh. That pre-bidder who didn't actively participate during the auction, to my knowledge, scarfed that one up at the bargain price.). I won quite a few of the higher priced proof Franklin halves, at about Grey Sheet value or good sum of the parts estimate (Proof-67 (all coins, NGC) 1950 Proof Set for $2760; Proof-67 1951 Franklin Half; Proof-69 1954 Franklin Half; Proof-69 1956 Type 1 Franklin Half). Wish they had offered a Proof 1961 FS-801 DDR Franklin Half. I need one.[/QUOTE]
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Right Now!! Auction on LiveAuctioneers - auctioning beautiful proof Franklins at below Grey Sheet
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