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Date: Fri, 10 Jan 2014 19:35:08 -0800 (PST)
To: "colonial-coins@yahoogroups.com" <colonial-coins@yahoogroups.com>
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From: marcus mayhugh <remi66111@yahoo.com>
Reply-To: marcus mayhugh <remi66111@yahoo.com>
Subject: Re: [Colonial Numismatics] Adam Mervis Large Cent Sale - OUCH !!!!
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I saw the same thing tonight on a mundane 6400 Portuguese half-Joe. Talked =
the guy into making the cut bid. I thought the same thing, I would have bee=
n pissed to have the auctioneer talking the guy into going one step higher =
than I was prepared to bid. Of course it is nothing like what you are talki=
ng about, but it is all relevant, I suppose. The auctioneers should just le=
t the bids play out.
Marc
On Friday, January 10, 2014 9:19 PM, "CMcdon0923@aol.com" <CMcdon0923@aol.c=
om> wrote:
=20
=C2=A0=20
I figured he was going to lose big time on that coin....he sold too soon=20
after the DH sale to try and retain that "Million Dollar Mystique".=C2=A0=20
=C2=A0
I don't know how he fared on any other items, but anything he bought=20
recently (like at or since Holmes) may not have fared much better.
=C2=A0
And the poor auctioneer really tried to milk more out of the room.....there=
=20
was someone apparently "thinking" of $600k, and he kept saying "I need a=20
decision....I need a decision....how about a cut bid, etc.....".=C2=A0 If I=
was=20
the bidder in the room at $550K, I would have been really annoyed !!!
=C2=A0
=C2=A0
=C2=A0
=C2=A0
=C2=A0
=C2=A0
In a message dated 1/10/2014 9:05:53 P.M. Central Standard Time,=20
rosaamltd@gmail.com writes:
=C2=A0=20
>Wow, the guy wanted to put together a set fast and paid too dollar to do =
it.....and lost about 50% in the process. =C2=A0 Most people buy and hold f=
or a few years (or decades), which allows for prices to go up more. =C2=A0=
But it does illustrate what happens when the top buyer is no longer buyi=
ng!
>
>Sent from my iPad
>
>On Jan 10, 2014, at 8:26 PM, CMcdon0923@aol.com wrote:
>
>
>=C2=A0=20
>>The ex. Dan Holmes S-79 reeded edge large cent that sold in the Dan Holm=
es sale for a bit over $1 million dollars just hammered for $=C2=A0550,000=
($ 675,625 with the juice)=C2=A0a few minutes ago in the Heritage FUN Sal=
e.=C2=A0 I guess prices don't always go up !!!!!
>>=C2=A0
>>The two Strawberry Leaf =C2=A01793 cents brought $351k and $381k.
>>=C2=A0
>>=C2=A0
---730330825-1648747237-1389411308=:81091
Content-Type: text/html; charset=utf-8
Content-Transfer-Encoding: quoted-printable
<html><body><div style=3D"color:#000; background-color:#fff; font-family:He=
lveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;fo=
nt-size:12pt"><div><span>I saw the same thing tonight on a mundane 6400 Por=
tuguese half-Joe. Talked the guy into making the cut bid. I thought the sam=
e thing, I would have been pissed to have the auctioneer talking the guy in=
to going one step higher than I was prepared to bid. Of course it is nothin=
g like what you are talking about, but it is all relevant, I suppose. The a=
uctioneers should just let the bids play out.</span></div><div style=3D"col=
or: rgb(0, 0, 0); font-size: 16px; font-family: HelveticaNeue, 'Helvetica N=
eue', Helvetica, Arial, 'Lucida Grande', sans-serif; background-color: tran=
sparent; font-style: normal;"><span>Marc</span></div><div class=3D"yahoo_qu=
oted" style=3D"display: block;"> <br> <br> <div style=3D"font-family: Helve=
ticaNeue, 'Helvetica Neue', Helvetica, Arial, 'Lucida Grande', sans-serif;
font-size: 12pt;"> <div style=3D"font-family: HelveticaNeue, 'Helvetica Ne=
ue', Helvetica, Arial, 'Lucida Grande', sans-serif; font-size: 12pt;"> <div=
dir=3D"ltr"> <font size=3D"2" face=3D"Arial"> On Friday, January 10, 2014 =
9:19 PM, "CMcdon0923@aol.com" <CMcdon0923@aol.com> wrote:<br> </font>=
</div> <div class=3D"y_msg_container"><div id=3D"yiv6399187636"><div>
<span style=3D"display:none;"> </span>
<div id=3D"yiv6399187636ygrp-mlmsg" style=3D"">
<div id=3D"yiv6399187636ygrp-msg" style=3D"">
<div id=3D"yiv6399187636ygrp-text">
=20=20=20=20=20=20
=20=20=20=20=20=20
<div>
<font id=3D"yiv6399187636role_document" color=3D"#000000" size=3D"2" face=
=3D"Arial">
</font></div><div>I figured he was going to lose big time on that coin....h=
e sold too soon=20
after the DH sale to try and retain that "Million Dollar Mystique". <=
/div>
<div> </div>
<div>I don't know how he fared on any other items, but anything he bought=20
recently (like at or since Holmes) may not have fared much better.</div>
<div> </div>
<div>And the poor auctioneer really tried to milk more out of the room.....=
there=20
was someone apparently "thinking" of $600k, and he kept saying "I need a=20
decision....I need a decision....how about a cut bid, etc.....". If I=
was=20
the bidder in the room at $550K, I would have been really annoyed !!!</div>
<div> </div>
<div> </div>
<div> </div>
<div> </div>
<div> </div>
<div> </div>
<div>
<div>In a message dated 1/10/2014 9:05:53 P.M. Central Standard Time,=20
rosaamltd@gmail.com writes:</div>
<div class=3D"yiv6399187636yqt8110197278" id=3D"yiv6399187636yqt57418"><blo=
ckquote style=3D"BORDER-LEFT:blue 2px solid;"><font style=3D"BACKGROUND-COL=
OR:transparent;" color=3D"#000000" size=3D"2" face=3D"Arial"><span> </=
span>=20
</font><div id=3D"yiv6399187636ygrp-text">
<div>
</div><div>Wow, the guy wanted to put together a set fast and paid too do=
llar to do=20
it.....and lost about 50% in the process. Most people buy and hold=
for=20
a few years (or decades), which allows for prices to go up more. B=
ut it=20
does illustrate what happens when the top buyer is no longer=20
buying!<br clear=3D"none"><br clear=3D"none">Sent from my iPad</div>
<div><br clear=3D"none">On Jan 10, 2014, at 8:26 PM, <a rel=3D"nofollow" =
shape=3D"rect" title=3D"mailto:CMcdon0923@aol.com" ymailto=3D"mailto:CMcdon=
0923@aol.com" target=3D"_blank" href=3D"mailto:CMcdon0923@aol.com">CMcdon09=
23@aol.com</a> wrote:<br clear=3D"none"><br clear=3D"none"></div>
<blockquote type=3D"cite">
<div><span> </span>=20
<div id=3D"yiv6399187636ygrp-text">
<div><font color=3D"#000000" size=3D"2" face=3D"Arial"><font color=3D"#=
000000" size=3D"2" face=3D"Arial"></font></font></div>
<div><font color=3D"#000000" size=3D"2" face=3D"Arial"><font color=3D"#=
000000" size=3D"2" face=3D"Arial">The ex. Dan Holmes S-79 reeded edge large=
cent that sold in the=20
Dan Holmes sale for a bit over $1 million dollars just hammered for=20
$ 550,000 ($ 675,625 with the juice) a few minutes ago in the=
=20
Heritage FUN Sale. I guess prices <font color=3D"#ff0000" size=3D=
"5"><b>don't</b></font> always go up=20
!!!!!</font></font></div><font color=3D"#000000" size=3D"2" face=3D"Ari=
al"><font color=3D"#000000" size=3D"2" face=3D"Arial">
</font></font><div> </div>
<div>The two Strawberry Leaf 1793 cents brought $351k and $381k.<=
/div>
<div> </div>
<div> </div>
</div></div></blockquote>
</div>
<div style=3D"HEIGHT:0px;COLOR:#fff;"></div></blockquote></div></div>
</div>
=20=20=20=20=20
=20=20=20=20
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