Guys,

does anyone have results of this auction held last weekend in Switzerland?
Would be really nice to read your thoughts.
Thanks, LC

Are there any links to this or it's a privately held auction?

According to the information I found at http://www.sixbid.com, the results should be available on Friday, Dec. 15. For some reason the date was removed after the auction finished yesterday; before that, it showed this date in the right-hand column.

Has someone from this forum attended the auction?

I couldn't attend, but I put in mail-order bids for a Russian lot of 5 kopek coins and for one USA coin. So far, I have heard nothing.

The auction was held on Monday and Tuesday, and today is only Wednesday, so it might take a day or two before we get the results.

I do not expect any bargains there

The prices were strong. Ruble 1707 was sold for 54,000 , I just have info. for one lot. :)

Live mid-market rates as of 2006.12.14 10:56:45 UTC.

50,000.00 CHF = $41,378.82 USD

1 CHF = 0.827576 USD 1 USD = 1.20835 CHF

Was that rouble platinum proof ultra cameo ms-67 ???

How do you like 1859 rouble at 40000 ??? Not a proof coin.

Surely you must mean 4000, not 40000??

Are the results available on the internet? I cannot find them anywhere.

Yeah, I've heard that too....Just amazing ! I've placed some bids for this auction, thought some of them were pretty strong but at the end of the "show" I was overbid by (in some cases) 2-3 times !!! I just wonder where we are all going with this ? Looks like , I'm about to switch to the post card collecting...there are still some bargains there, I was told

I would have said the same about the 40.000 figure but a recent Gelos auction (No. 35, 25 November) produced $10,000 for an 1862 rouble in XF-Unc, which is seen more often than the 1859. Even a year ago I would have said that kind of price for an 1862 was not possible.

RWJ

PRs are not available yet, but here are a few for some better coins:

1720 2 rouble gold 28000
1704 rouble 24000
1724 sun rouble 14000
1706 poltina 28000
1720 gold medal 180000
1729 rouble 13000
1730 rouble 14000
1731 rouble 11000
1737 rouble 17000
1741 rouble 35000
1758 gold 10 rouble 60000
1762 Peter III rouble 26000 (SPB lettered edge)

etc.

You get the picture.

Are these prices in Swiss Francs or dollars?

Do they include buyer's fees?

Is it just my perception, or are price increases actually accelerating?

These are hammer prices in Swiss Francs, so with buyer's fee it is pretty close to dollars.
Is it accelerating? Let's see what New York auctions will show. I do not think they can generate the same levels, but will find out soon enough.

The prices accelerating for the coin in choice condition or one year of the tipe, but some very rare coins selling for reasonable prices for today market. As far as I see the highest bidders primary investors.

Simply insane...

Not only russian numismatic market with strong prices.You can see russian art market : http://search.sothebys.com/liveauctions/am...et_ra_1106.html

Thanks, IgorS.

Do you have results for these lots by any chance:

1307 - lot of 10 different Catherine II pyataka
and
1839 - USA, 1 cent "Flying Eagle" 1857

I have tried calling NGSA several times and nobody is answering the telephone.

1307 - 3000 hammer.

Thanks, IgorS.

Am I ever glad that I got hold of my coins before this madness!

I heard the same thing - that this time Russian dealers were not among the strongest bidders, but corporate investors.




I talked to the guy who bid that high on the 60-s roubles (actually 4 of those expensive - went to the same bidder). He said that he wanted to cover the missing 4 roubles in his collection. The condition of the coins was not so good, he also agreed with that.

In the meantime, I received an e-mail reply from NGSA about the results. They should be available to the general public on Monday, Dec. 18th.

It seems very strange to me that many, if not most, of the lots went for TEN TIMES the estimate price! Lot 1307, in particular, was a lot of ten 5 kopek coins of Catherine II. Some were interesting overdates, some were scarcer KM mints, but these were advertised as all being in "VF to XF" condition. I didn't get to see the lots in person, but I thought $100 (approx CHF 125) per coin (maximum) was realistic. Since lots like this sometimes don't even sell, I put in a bid of CHF 500 hoping to get lucky...
But $300 per coin for this stuff is ridiculous!!

An 1857 Flying Eagle cent (USA) which would probably grade MS-63 or thereabouts (max.) at PCGS went for CHF 1,000. Although this is probably a more realistic retail price, there is a very great possibility that it would only grade MS-62 in which case the buyer overpaid by about 50%. Nevertheless, the fact that the estimate was set at only CHF 100 would lead most to believe that this coin might have hidden flaws not evident in the pictures. At any rate, there is no reason to set the estimate that low for this kind of coin.

I am shocked by these results, and I am curious to see what will come out on Monday.

Hey , BOBH!

Do not hold your breath waiting for the results. As I thought, there were no bargain there. The auction had pertty impressive stuff and , interesting enough, ALMOST everything decent went very high. I believe the investors (real ones, and not those who get bi-weekly paychecks) shifted interest from housing/stock market to commodities , including antiques.
I'm afraid that we'll have to wait for some time to find affordable stuff anywhere.
Regards, LC

Just checked the website. Prices are now posted in PDF form.

RWJ

I posted the file in this message below.

Do not know what to do: or

One interesting lot, 1478, advertises 5 gold coins -- two of them 15 roubles of 1897, "large et moyenne effigies" (large and small head)! If this is true, whoever won it sure got a bargain (CHF 1,100).

In reality, though, it was probably just two of the more common large-head varieties. Can anyone who got to inspect the lots in person confirm this?