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Numismatics From A Commercial Perspective

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Posted on May, 05/13/2015

Three of Australia’s rare coin auction houses have exceeded themselves this month, and have opted to schedule their auctions within 14 days of each other. While this makes for an exciting week, it does bode a challenge in terms of scheduling flights, viewing times and lodging bids!

For the life of me I can’t understand why the auction houses do this - having two (let alone three)...

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Posted on Apr, 04/25/2015

The newspaper that landed on the front lawn at Chez Crellin 2 Sundays ago unfortunately for a little bit more wet than usual, however fortunately only the outside cover ended up being damp, and the internal pages were dry. While I hate nothing more than a wet newspaper, the reason for my concern being was that in the lead-up to Anzac Day, News Corp Australia (in conjunction with Westpac,...

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Posted on Apr, 04/13/2015

In the "olden days", it was pretty easy to keep track of activity in the Australian numismatic market - you bought yourself a copy of the Australian Coin Review Magazine or the Australasian Coin & Banknote Magazine, and just read the summary articles about the major auctions that were held around the country.

Couple those subscriptions with a copy of either the McDonald...

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Posted on Apr, 04/03/2015

A recent online auction by Universal Coins most likely answered this very question, however before I get into a discussion of it, let me start by saying that it’s a reflection of the...

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Posted on Apr, 04/02/2015

It’s been a week since Noble Numismatics held their 108th auction, and the results are in. Total turnover was a cool $3.13 million - quite respectable in the current market, particularly when we consider that this time round, the auction was mainly of “standard” numismatic material.

The highlights of the morning session were the decimal error coins. There were some record prices set,...

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Posted on Feb, 02/28/2015

Leading into the 93rd Roxbury’s auction, there was a keen sense of anticipation - the catalogue showed an even balance of rare and exclusive material with affordable and collectable material, exactly what punters of every stripe want to see.

That enthusiasm was dampened (quite literally) with the development of...

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Posted on Jan, 01/21/2015

Anyone that is reasonably active in collecting Australian pre-decimal coins will be aware of the Benchmark Collection - perhaps not by name, but certainly by sight.

This truly comprehensive collection of Australian pre-decimal coins has been put together by Mark Duff of Strand Coins in Sydney, with the brief being to compile “the most...

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Posted on Jan, 01/06/2015

The first 2 weeks of the year are incredibly active for the world numismatic market - while most Australian collectors are resting on a beach or recovering from their Christmas break, the US collector market is in absolute full swing.

The NYINC (New York International Numismatic Convention) is being held...

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Posted on Jan, 01/06/2015

An article posted online about how collectors interpret the grades independently assigned to coins raised a few interesting questions, here’s just one quote from it that I believe will be of interest to Australian collectors:

...

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Posted on Dec, 12/05/2014

December 5, 2014

The prices realised report for Noble Numismatics Auction 107, held in Sydney in November 2014, shows that the total turover came to $5.08 million - the highest for any Noble sale since late 2008, which is roughly when the Australian numismatic market peaked in it’s most recent cycle.

Selling $5 million worth of any product is certainly...

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