Spring 2014

Spring in Minnesota, when it finally arrives, is always particularly sweet when the winter has seemed so unrelenting. The winter months have been productive for us. The supporting structure of our website has been improved; our library is several steps closer to a better organization. And we have been working on coins and medals that have come in and learning about some new areas such as Alaskan gold and CSA restrikes (to name the most recent consignment).

Auction 33 closed at the end of January with strong prices on many of the coins. We are already pulling together lots and consignments for Auction 34. We don’t have a date yet but look for more information later this year. We already have some fascinating consignments.

Selling your collection? Or parts of it? We would be happy to make an offer. We appreciate the effort that goes into a collection and we are in constant touch with the market. Please get in touch with us.

Finally, Allan is getting ready for a week at ANA headquarters in June. Here is the announcement and the link to the ANA website follows:

History of British Coinage
Explore the development of British coinage from the earliest Celtic coins in the first century B.C. to present day. This class focuses on English coinage, but also covers English influence on the development of coins in Scotland and Ireland. Continental Europe's impact on British money is examined, along with Britain's subsequent influence on money throughout Europe.

Instructors: Allan Davisson, Ph.D., British coinage specialist, Davissons Ltd., www.davcoin.com; and David “Chuck” Bianchi, lifelong collector and student of British numismatics


Tuesday, March 25, 2014


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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