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  1. Numismatic musings

    December 2010 Comments on the coin market? Anyone who follows this particular market recognizes the counter-flow with respect to other markets. Prices are high; demand is great; inventories are low. This is true of the finest pieces, the rarities, the ...

  2. Numismatic musings

    Stability is a great but reluctant economic friend for those of us whose passions tend toward these little bits of metal that have helped define two and a half millennia of human exchange. The rise and fall of markets, of value and even of nations is ...

  3. A brief introduction to the sale and a few thoughts about the overall market

    Greek coinage represents the beginning of this means of exchange with beauty and style as yet unmatched after 2600 years of minting money. The Greek section in this catalog is largely one collection. It has been a rare privilege and a joy to handle a ...

  4. December 2007

    The completion of our 26th auction carries with it a feeling of satisfaction and even excitement about the material. I have been viewing printed sheets as they come off the press so that any final adjustments to the color can be made before the catalogs ...

  5. March 2007

    This space has been blank for two months for no better reason than the demands of our business since December. In the past two months, we have attended coin shows in Florida and New York and I spent a week in London attending a coin show and seeing ...

  6. November 2006

    Fall marks the beiginning of the numismatic year much as it marks the new academic year. This is not as obvious to American collectors because major coin fairs are held in the United States throughout the summer. This includes the ANA show, arguably the ...

  7. August 2006

    S ummer used to be a time when numismatics took a breather and outdoor life filled more of people's time. Perhaps this is a reflection of our life in Minnesota (a cold place for a significant part of the year) but time out, particularly in August, is ...

  8. Summer 2006

    Travel marked the first three months of this year: three coin shows in the U.S. and major sales and meetings in Europe. The LaRiviere sales of Irish coins and Scottish coins were particularly exciting because they offered material that is genuinely scarce ...

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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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