Welcome to E-Auction 23!

The reign of William III was particularly interesting numismatically. I wrote a short article on the complexities of coinage and the end of hammered coins. You can see it online or I will be happy to send a copy. Either way, a major feature of this catalog is silver coinage of William III beginning with some William and Mary issues.

John, of Robin Hood fame, is known by short cross pennies of many varieties and mints. A group of these pieces from one collection provides an interesting cross section of this medieval coinage.

The ancient section of the sale includes a nice selection of small issues, some rarely offered, including a few Greek islands (Kos and Rhodes). Two Caracalla denarii show his progression from boy to less than savory man. A few commemorative issues and a group of beautifully silvered folles round out the Roman section -- I am always surprised at the wonderful condition that can be found in late folles, and how much coin you can get for a very reasonable price in this under-collected series. These E-Auctions give us the opportunity to present interesting and charming coins at all price points, allowing collectors of any budget to find something new.

I have a special appreciation for sets of Washington quarters. Early in my collecting career I had a circulated set in a Bookshelf album that I traded to a St. Paul, Minnesota coin dealer for a tray of better quality ancient coins. Just as a 1787 shilling launched me into British coins, this tray was the inspiration to also pursue ancient coinage.

An entire set of Washington quarters, carefully selected for exceptional condition, is one of the lots in this auction. Such a collection represents a substantial effort. A few of the pieces have been graded by PCGS, at the consignor’s request. In looking carefully through the pages, I think that the entire set would grade well into the Mint State range. (The 1932D and S fell just short.) Read the note about the estimate: it represents the current wholesale Greysheet price. 

Another collector carefully put his coins in high quality round coin holders. We left them in there and a few groups of his collection are offered as well. Again, we based the estimate on the Greysheet price. 

Fall is well launched in Minnesota, and colder weather makes for good coin cataloging (sunny days are less motivational). We are happily digging into the last of our 2017 offerings, and 2018 auctions are fast approaching -- if the time has come for your collection (or parts of it) to go to a new home, do get in touch.

Allan, Marnie, & Lief Davisson

Monday, October 16, 2017

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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