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Numismatics From A Commercial Perspective

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Posted on Nov, 11/07/2014

The most recent auction held by Downies in Melbourne I understand was the last one to be managed by Chris Meallin - a long-time senior staffer at Downie’s. Chris has been the face of Downie’s numismatic auctions for many years, and it will be interesting to see how his position is covered in the coming months and years.

Chris is apparently...

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Category [ Tags: Market News ]
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Posted on Nov, 11/06/2014

The mainstream media covered the recent release of of the Royal Australian Mint (RAM) Annual Report for the 2013 - 2014 financial year, and understandably made some sport of the fact that the RAM “reported a loss, after tax, of $4 million”.

While it seems rather incongruous that an organisation literally in the business of making money might somehow lose money over the course of a year...

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Posted on Oct, 10/27/2014

I’m now safely back in Perth after the better part of a week in the big smoke of Sydney - it’s a fair distance from Perth and these days I’m always pleased to get out of the place!

Even though the last opportunity to view before the Status sale started at 8am, it turned out I was the first person to arrive at around 9am, and it took some time before the silence was interrupted by a...

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Posted on Oct, 10/14/2014

Roxbury’s 92nd auction was perhaps more active than some people expected it to be, there were bursts of energy evenly throughout the day. The overall clearance rate came in at78%, with turnover at about $578,000, and an average lot value of around $700.

The pre-decimal coins early on may not have had much in the way of condition rarities,...

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Posted on Oct, 10/02/2014

Given the numismatic auction and show schedule for October, it looks like I’ll be accumulating a few frequent flyer points in the coming weeks - 3 auctions and a show are on in 3 separate states over a 3 week period!

While I expect I’ll be homesick by the end of it all, there is plenty of material on offer across them that I wouldn’t have it...

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Posted on Oct, 10/02/2014

It’s now been a week since International Auction Galleries held their sale # 80, so it’s an opportune time to review the action as it went down.

If you reviewed the catalogue before the sale, you would have seen that the early part of the catalogue inclued a good range of interesting coins from far-flung parts of the world. These were from a...

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Posted on Sep, 09/17/2014

Stewart Wright and I were on Tony Delroy's popular ABC radio program (Nightlife) last Friday night (September 12th).

If you haven't listened to it before, Nightlife is an AM radio program that's broadcast nationwide between 10pm and 2am, Monday to Friday.

While Tony Delroy openly admits to being a bit eccentric, he does have an excellent grasp of which angles the general public...

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Category [ Tags: The Humanity of It All ]
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Posted on Sep, 09/12/2014

The first section of the IAG catalogue includes a range of affordable world, proclamation and pre-decimal coins, always good to set the atmosphere in the room. It moves onto an area of the market that everyone is keen to see some action in, Pre-Federation notes.

This is an area of the market that has taken a beating in recent years, what with...

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Posted on Aug, 08/07/2014

The prices realised report for Noble Auction 106 shows that total turnover came to A$3.82 million - no small amount of money, and a result that in fact places it as the highest turnover for a Noble auction since their Auction 97, “way” back in July of 2011.

While I don’t think this single result is a cause for celebration, nor a reason to...

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Posted on Jul, 07/23/2014

Next week sees Noble Numismatics hold their 106th numismatic auction, a sale that I believe is the biggest we’ve seen in Australia so far in 2014.

If catalogue weight is any guide to the size, scope and depth of a sale, this one is a whopper - I haven’t weighed it yet, however I reckon it is going to tip the scales at about 3 kilos.

The cover of the catalogue features an Indian...

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