coin auction

[jerseyben]

Went to my local coin club auction on Saturday night. Only sold 1 thing but came home with 2 surprise buys:

-Empire sterling weighted single candlestick - $5 (no competing bids)
-Lot consisting of 1986-D commemorative half dollar and a holed 1872 seated half dime - $1 (no competing bids)

 

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[Dihren]

Nice job!!

 

[randazzo1]

Nice job!!

Agreed - Excellent buying opportunity!

 

[diggummup]

Cool! I'm still looking for a decent local auction house. I've been to a few and made a decent buy or two, but nothing to write home about.

 

[jerseyben]

Diggum, this is actually a local coin club. You pay a membership fee to join and meetings are held once per month in a rec hall of a local church. There is an auction and it costs $3 to put up to 10 items per lot.

 

[diggummup]

We have a local coin club but they don't hold auctions. hmm? Maybe I ought to bring that up. Do the items have to be coin or precious metal related only, and is it a members only auction? By that I mean, only members can bid on items?

 

[jerseyben]

Not sure about the members only thing but I would assume yes. 75% of the auction items are coins but I have seen other "treasure" related items.

 

[SilverForBrains]

very nice! Ida bought that seated dime for a buck in a heartbeat. what's the silver weight on the candlestick?

 

[jerseyben]

very nice! Ida bought that seated dime for a buck in a heartbeat. what's the silver weight on the candlestick?

No need for weight on it since it is marked. Ebay completed sales show around $50 for a pair.

 

[cyberdan]

very nice! Ida bought that seated dime for a buck in a heartbeat. what's the silver weight on the candlestick?

It has been my experience that 10% of the weight is silver. You did good for $5

 

[hotrod]

awsome