A Holiday Note and news about Auction 33

It is cold and snowy in Minnesota -- a white Christmas is inevitable where we live.

It seems a good time to thank you for your interest and support over the past year. This first full year of Lief's involvement in our business has been an exciting time for Marnie and me. He has brought technical innovations to our office and a strong presence on the internet to our business. It has been a pleasure for us to have him simplifying, streamlining and learning about both the numismatic side of our business and the personal side.

Our next auction, number 33, has just been uploaded to this website.

While all three of us contributed to the content, Lief shouldered most of the production responsibility.

The coins, tokens and medals in the sale represent some happy opportunities -- a highly significant coin from the Norweb collection fills the cover and provides the basis for a discussion of the Bank of England's effort to cover for a monarchy that ignored its responsibility to provide coinage for commerce.

But that is just one of the exceptional items in the sale: rare and attractive gold ranging from Greece and Rome through the middle ages and to modern times begin the sale.

A Greek section with a few choice pieces selected for their artistic and historic merit also offers a strong collection of the Seleukid monarchs.

The Roman section includes a smattering of early Republic and early Imperial coinage.

The English section is strong beginning with some choice coins of Celtic England and extending through to the 20th century.

Scotland and Ireland are represented with an exceptional portrait of James III, one of the first Renaissance style portraits in the British series.

The token section is beyond imitation; it includes several significant rarities, some of which have simply not been seen before in modern times.

The collections of US hard times tokens and Napoleonic medals that began in our last sale are continued as well and the sale ends with a smattering of interesting things.

The sale totals just over 350 lots.

You can see it online now by clicking on "Auctions" at the top of this page.

And if you are on our printed-page mailing list, you will have a physical copy of the sale in hand before the turn of the year.


Warm regards and best wishes to you from all of us,
Allan, Marnie, & Lief Davisson

Thursday, December 19, 2013

 

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.

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