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 June 12 PNAS Auction

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al.plata

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PostSubject: June 12 PNAS Auction   Sun Jun 12, 2011 8:33 pm

The auction this afternoon was as expected, full of anxiety to us small time coin collectors. I bid for twelve coins and won only three (650 tipo and taken for 850, 650 tipo and taken as is, 1300 tipo and taken for 1400). There were many bidders who are bent on taking home their target coins no matter what the cost, for example - one coin 3200 tipo was sold for 10000 and another coin, 5500 tipo was sold for 22000. wow, and the last mentioned made the people clap their hands in amazement.. anyway, I asked my friends what is happening, and they told me that lesser and lesser coins are coming out and there are new collectors..
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PostSubject: Re: June 12 PNAS Auction   Sun Jun 12, 2011 9:45 pm

wow.. that is just nuts.

i assume the 3200 coin you mentioned is a 1911 or 1912 one peso coin. Did you notice if anyone bought the ANACS slabbed 1904P one peso coin it had an initial price of 11200 i think?
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PostSubject: Re: June 12 PNAS Auction   Sun Jun 12, 2011 10:21 pm

Ang napapansin ko sa mga new colletor ay mataas silang mag-bid kahit sa mga common coin. Dati ay ganoon din ako pero ngayon ay hindi na.

Buti pa si al.plata at ang sipag pumunta ng auction.

Sana nga ay dumami pa ang mga bagong kolektor na uma-attend ng auction...nuong huli kong punta sa auction ay wala na akong makitang mga batang kolektor...yung mga dati kong kakilalang mga batang kolektor ay mga matatanda na rin.



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al.plata

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PostSubject: June 12 PNAS Auction   Sun Jun 12, 2011 10:31 pm

the two hot coins were both chinese issues and there was really a price battle for each of the coins. marami ang nag bid sa mga coins, dati marami ang tao pero kaunti ang kasali, kanina marami ang sumali. lahat halos ng mga silver coins ay nabili, wala pa sa kalahati ang nabili sa gold coins, at mahigit kalahati ang nabili sa mga foreign coins. this is my only hobby (retired na po sa work, waiting for monthly pension, at sa bahay lang ako palagi). ang pagsali ko mga one, two or three calls lang sa upward price adjustment.
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