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Numismatics From A Commercial Perspective

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Posted on Oct, 10/15/2018

The Numismatic Association of Australia (NAA) is the peak body for numismatics in Australia (for those of you that aren’t aware, numismatics is the study of coins - as opposed to just accumulating, hoarding or collecting of coins).

The articles in this journal are all quite detailed and go pretty deep into the weeds, so...

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Posted on Oct, 10/13/2018

The Australian numismatic community has a month of strong activity kicking off today - Roxbury’s are having their 101st auction in Brisbane as I type this; Status International will conduct auction 346 at their new premises in Sydney next Friday, which will be followed by the ANDA Money Expo at the Sydney Lower Town Hall the Friday after. The Monday after that, Downie’s hold their...

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Posted on Oct, 10/13/2018

It’s been a few weeks now since IAG held their 88th auction on the Gold Coast - as our headline above indicates, it was a short and productive affair.

Unlike some auctions that literally run for the better part of a week, from 9 in the morning until 10 at night, IAG’s auctions are conducted over a far more civilised timeframe. 4 1/2 to 5 hours across a Sunday afternoon in the QLD...

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Posted on Sep, 09/08/2018

The Dauer Collection of Australian Banknotes was finally put to auction this week in the United States - I say finally as several prior attempts to move the collection en bloc had been made over the past 5 years or so, without apparent success.

This collection is well-known to collectors that have been active for some time, as it was the subject of a superb book on Australia’s currency...

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Posted on Sep, 09/08/2018

Just a few weeks after the major event that was Noble Numismatics 118, Downie’s had their auction #328. Although the headline items in this sale would leave most Australian collectors fairly non-plussed, it was still a very productive event.

Total turnover for the sale amounted to  $843,611, with a clearance rate of 88.98% - well in line with recent sales by Downie’s and the like. What...

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Posted on Sep, 09/08/2018

One of the largest and most important Australian numismatic auctions in recent years was held in Sydney in July 2018. Noble Numismatics held their 118th auctions, it was one that one man might describe as being “the last of the big sales”.

One of the problems the Australian numismatic market has had over the past decade is that we’ve had many vendors that bought during the last...

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Posted on Jun, 06/11/2018

August 2nd 2018 will see the biggest and most important auction of Australian banknotes held in this country since the Nicholson sale back in November 1995. I don’t think it’s any coincidence that the note featured on the front cover of the auction catalogue by Noble Numismatics for the Caldwell collection of Australian Banknotes...

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Posted on May, 05/18/2018

 

It’s now been a few weeks since Roxbury’s racked up their 100th auction, and I expect the phones will have been ringing there with post-auction sales to disappointed bidders who missed out on their initial bids.

The published (preliminary) prices realised show that, at the time that the last lot had been knocked down, turnover was just a few dollars short of $600,000. The tale...

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Posted on Apr, 04/14/2018

The upcoming month features two auctions in two different cities in two different states - April 17th sees Noble Numismatics kick off their 117th sale in Sydney, while May 5th sees Roxbury’s hold their 100th auction. Both auctions contain material that is sure to get collectors across the country...

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Posted on Mar, 03/31/2018

IAG auctions in recent years are often half done before the first lot is offered - dozens of bidders have lodged many hundreds of bids, meaning the vast majority of the sale can be “covered” long before the doors are opened to the auction room.

It may be however that the bidders...

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