Someone reneged in the second-to-last Numismatik Naumann auction

Discussion in 'Ancient Coins' started by Restitutor, Apr 6, 2021.

  1. Restitutor

    Restitutor Well-Known Member

    So I debated posting this because selfishly I hoped no one would notice but what’s a secret when it’s on the internet now. So to my fellow Flavian collectors on here please ignore this post, nothing to see here!! :angelic::angelic:

    Numismatik Naumann just posted auction 102 and nearly their entire Flavian coin selection was just recently auctioned off in Auction 100 for crazy high prices. Here’s an example:

    EA16C05F-ADC1-4088-99EF-C8AB531553B5.png 4E87B492-9B83-4E68-8020-8063D520A06B.png

    I find myself overjoyed with an opportunity to bid on these once more but definitely curious what happened. Does anyone know and may be willing to spill the tea? :shy:
    +VGO.DVCKS, Orfew and Bing like this.
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  3. ancient coin hunter

    ancient coin hunter Basileus Megalos

    Probably someone changed their mind or didn't submit payment. Hence it got re-listed.
  4. Restitutor

    Restitutor Well-Known Member

    Crazy! There’s easily 5k euro worth of coins back up in auction here. Feel bad for the auction house
  5. Romancollector

    Romancollector Well-Known Member

    There is another coin I am interested in, which I won't post (not a Flavian though), that seems to have sold in the same earlier auction. Perhaps it was the same buyer?
    Restitutor likes this.
  6. kirispupis

    kirispupis Well-Known Member

    If the coins sold for high prices, I wonder if the buyer had cold feet - realizing he was paying way too much.

    I did notice that in Auction 101 a number of Greek lots were withdrawn. I always wonder what caused that. AFAIK there are three possibilities:
    1. The seller decided not to sell, though I wonder what penalties are involved.
    2. The coins were identified as fakes.
    3. The coins were identified as obtained through unlawful means. Recently CNG withdrew an entire auction due to this.
    +VGO.DVCKS and Restitutor like this.
  7. Restitutor

    Restitutor Well-Known Member

    Yeah after finishing my review of the auction there were quite a few I remembered outside of the Flavians. One in particular in the Constantinian dynasty with a 2k opening bid was quite nice but way out of my price range! Never seen something like this before though in terms of so many coins popping right back up again.
  8. BenSi

    BenSi Supporter! Supporter

    You never know with Nauman, I won a coin in 2017 , I did not get an invoice so I contacted them, they told me they out bid me? Well my max on the coin had not been reached so being out bid seemed weird. They then took the coin and posted it on Vcoins for twice my winning bid, it was not worth that. I did not do business with them for a couple of years because of that incident. I do business with them now but much more limited. I just have to remember that coin to slow my bids down.

    To add injury to insult 6 bid still has the coin in archives with it being sold at my winning bid.
    Last edited: Apr 8, 2021
    +VGO.DVCKS, Restitutor and DonnaML like this.
  9. David Atherton

    David Atherton Flavian Fanatic

    It wasn't me! I have all the types that were listed and the one I did not have I paid for and received a couple of weeks ago.
    svessien, Restitutor and Orfew like this.
  10. Alwin

    Alwin Supporter! Supporter

    I had a very similar disappointment with them a few years ago. They won the right to be in a very good place on my blacklist!
    FrizzyAntoine and BenSi like this.
  11. Roma

    Roma Active Member

    they are far from G&N
    dougsmit and BenSi like this.
  12. seth77

    seth77 Well-Known Member

    Something happened the previous auction at N&N. I was watching the medieval section and a week or so before finish I noticed that all the coins i was watching were withdrawn.
    svessien likes this.
  13. Khaghogh

    Khaghogh Member

    Several of the coins I was watching in NN auction 101 were also withdrawn. I did a quick search and count and a total of more than 90 coins were withdrawn from this auction. Some looked questionable to me but others didn't. I'm wondering if all of the coins from one of the consignors were withdrawn for some reason.
    svessien likes this.
  14. Restitutor

    Restitutor Well-Known Member

    What’s G&N?
  15. BenSi

    BenSi Supporter! Supporter

    The original company was Gitbud and Neuman, a partnership of some sort.
  16. Andrew McCabe

    Andrew McCabe Well-Known Member

    Zero trust in Naumann. From my bad experience and from bad experiences of others I trust
    chuck123 likes this.
  17. Restitutor

    Restitutor Well-Known Member

    Would you mind elaborating?

    I’ve noticed more of my numismatic purchases (or more often attempted purchases, lol) trending toward Naumann these past months and have yet to have a bad experience. But knowing your reputation in this field I’m definitely interested in hearing more if you’re willing to share!
    DonnaML likes this.
  18. BenSi

    BenSi Supporter! Supporter

    Careful what you say, Numismatik Naumann just revoked my bidding privilege's . I just got an email this morning.
    Last edited: Apr 8, 2021
    Broucheion, Curtisimo, pprp and 4 others like this.
  19. medoraman

    medoraman Supporter! Supporter

    Good to know sir. Thank you.
  20. ancient coin hunter

    ancient coin hunter Basileus Megalos

    I have not purchased anything from them. Sounds like I will not be doing so in the future, either.
  21. pprp

    pprp Well-Known Member

    Of course any auction house can choose to not accept you as a bidder but this sounds like punishing (!?) you for describing your bad experience - and you still did business with them after that. What kind of a censorship is this?! Who revoked your rights, was it NN or biddr?
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