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Numismatics From A Commercial Perspective

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Posted on Feb, 02/07/2018

I had a new term revealed to me earlier this year - “temporal landmark”, which refers to the landmarks we declare in the passage of time, whether that be the start to a new year, a birthday, anniversary or even a work-week or something as simple as lunchtime.

It turns out that these landmark events (close of business; last day of the work week or a birthday) can often be used to set...

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Category [ Tags: Market News ]
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Posted on Feb, 02/06/2018

Big news in the Australian numismatic industry came out on February 5th 2018 - the former Managing Director of the Rare Coin Company, Mr Rob Jackman, was sentenced to 4 years 2 months jail for fraud.

News articles in the West Australian print media explained that...

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Posted on Dec, 12/15/2017

Although a number of fairly short and sweet online numismatic sales have been held over the past week, it's nearly a month since the last major numismatic auction in Australia was held for 2017 - Noble Numismatics 116 from November 21st.

As Noble's are known for, the sale spanned 4 days and nights, which is no small event at all. Due to a few other events competing for my attention, I...

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Posted on Nov, 11/11/2017

The "Royal Bank of Australia" is a trading name that has been chosen no less than three times over the past 180 years - twice by legitimate businesses (the second more legitimate than the first), and most recently (September 2017) by a budding "sovereign citizen" who is keen to test the legitimacy of the Australian legal system.

Royal Bank of Australia #1 - Benjamin Boyd’s...

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Category [ Tags: The Humanity of It All ]
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Posted on Aug, 08/09/2017

We wouldn’t ordinarily frame the passage of time in terms of dollars and cents, however if we divide the total turnover in the last Noble auction by the number of hours it took for the whole auction to run to completion, the sales activity works out to have gone down at around $70,000 per hour. Four days in the room plus another one actually viewing the stock beforehand makes for...

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Posted on Jul, 07/22/2017

There are very few collectors indeed that are prepared to disregard quality for a nanosecond, particularly in the age of registry set competitions. That said, if a collector were to judge the merit of the next Noble Numismatics auction, they’ll feel the width of the catalogue filling out at a massive 4cm - it could well be amongst the widest Noble catalogues ever issued! (One of the...

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Posted on Jul, 07/22/2017

Downie’s numismatic auction # 324 wrapped up last Thursday, and although it certainly was cool outside, temperatures seemed reasonably steady in the room. The total turnover for the auction was within cooee of Downie’s recent auctions, as were all of the other vital statistics:

...
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Posted on Jun, 06/27/2017

It’s been some weeks since we had a major auction or show here in Australia - the last major auction was Status International in the first week of June, the last show was the Money Expo in Brisbane a few weeks before that. The market is now changing gears into the winter series of events, the first of which is Downie’s auction 333.

Status International...

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Posted on May, 05/12/2017

Here we are post-budget 2017, and the numismatic market is in full swing - Roxbury’s Auction 98 is underway as I write this, and the Brisbane Money Expo will be held this weekend at the Royal International Convention Centre in Bowen Hills (Brisbane).

Although I viewed (pretty...

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Posted on Apr, 04/14/2017

Without any evidence at all to back my conclusion up, I remain convinced that Australia’s numismatic auctioneers are bound in some way to an accounting cycle that mere mortals such as ourselves cannot see - how else can we explain the fact that we haven’t had an auction of rare coins and notes in Australia since November 2016, yet in late March we had 3 rare coin and note auctions...

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