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Happy New Numismatic Year!
Remember -- Auction 34 closes on Wednesday, January 21st beginning at 10 AM Central Standard Time (4 PM GMT)
Bid online at www.davcoin.com, or by mail, email, phone, or fax
This NO BUYER’S FEE sale includes:
• Dr. Cedric Raine’s extensive collection of British coinage • Alaskan Gold Rush coinage, and other Americana
• High quality ancient Greek & Roman
• British Conder tokens and references
• Ancient, British, & World gold
And much more...
• Title page: auction closes on Wednesday, not Thursday.
• Lot 35: Melbourne mint. S. 3857. $400.
• Lot 77: Withdrawn.
• Lot 139: Type III/II, and 69.6 grains.
• Lot 168: The overstrike on the “5” is more likely a “6” than a “9”
• Ken Bressett’s name (Alaskan gold) is spelled with two “T”s, not one.
The Florida (FUN) and the New York International (NYI) shows in early January start the new year with an abundance of action and auctions. My attendance this year (is) has been via the internet. A wonder of the internet age is that one can bid live in auctions in New York or London or Australia (4:30 P.M. on the North Shore of Lake Superior bidding in a 10:30 A.M. auction in Sydney). This has allowed me to “attend” auctions in more places than I could reasonably reach in person. I have not bought as much as I had hoped but I have learned a great deal about the current market.
The coin market is healthy. Though gold and silver have fallen off from a year ago, the prices realized so far in the auctions I have followed seem strong with quality drawing some of the strongest prices. At the risk of sounding a bit chauvinistic, I believe that our Auction 34 offers a wonderful variety at estimates that mostly seem very appealing. (We try to estimate in the low range of the current market. Overly high estimates are discouraging and unrealistically low estimates are misleading.)
We are assembling our next auction now and are always keen on consignments. We appreciate what goes into developing collections, and we strive to publish them in a manner that highlights that pride and achievement. We hope you consider us when you decide to sell.
Thank you for your interest in our sale and in our catalog. We hope you find things of interest and we appreciate your business.
Wednesday, January 7, 2015
How Bidding Works
Davissons Ltd uses a soft close for its auctions, which means no lot closes until everyone is done bidding. Every time a bid is placed within the final 40 seconds of a lot closing, the timer is reset to 40 seconds. This continues until no bids are placed for 40 seconds, at which point the lot closes. There will never be more than one lot closing at once, as the next lot is not allowed to begin closing until the current lot closes.
To bid: enter your maximum bid into the text box, and click submit. Only round dollar amounts are accepted. You are then required to confirm your bid. Once confirmed, all bids are final. If you have placed a bid in error you must call during office hours and speak to one of us. If you are the current high bidder then it will display “Current High Bidder: YOU” If you are not the high bidder, or if you are not logged in, then the current high bidder will be identified by their 5 digit client ID. You may find your client ID under the Account tab.
Bids are reduced automatically, so feel free to bid your maximum and it will be reduced to one increment over the current high bid. If a user places a bid that is higher than necessary to be the current high bidder on the lot, the displayed bid will reflect one advance over the next lower bid. For example, if a user "A" places a bid of $120 on a lot which opens at $100, "A" will be winning that lot at $100. If another user "B" bids $110, the winning bidder will be "A" at $120, one advance over the supporting bid of $110. If user "B" in this example instead placed a bid at $120, then user "A" will still be winning at $120 because they placed that maximum bid value first.
Increments can be viewed here. The next bid will always be on the next increment, so if a user is winning a lot at $100, or $105, or $109, the next bid will still always be $110.Close