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Numismatics From A Commercial Perspective

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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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Category [ Tags: Market News ]
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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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Posted on Feb, 02/10/2017

That remains to be seen of course, but I have a feeling that 2017 is going to be better than the last 12 months have been - the Australian numismatic market seems to be more efficient now than it has been, which is an important stage for us to reach.

By efficient, I mean that buyers and sellers are able to get together and do business within a reasonable period of time. Keep...

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Posted on Dec, 12/22/2016

Discussion of Australia's circulating currency set mainstream media alight for the third time in 2016 when a UBS analyst in mid November suggested that "Australia should follow India’s lead and scrap its biggest bank notes.” This opinion was shared across a wide range of...

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Category [ Tags: Edge Knocks ]
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Posted on Dec, 12/20/2016

The last major numismatic auction of the year was Noble Numismatics auction 113. Held in Sydney in late November, it ran across 4 days from 930am until at least 930pm each day. That is a marathon event in anyone’s terms - no less than 5,783 lots were offered for sale.

The very last numismatic auction of the year was IAG’s Online Auction #8 - there were far fewer lots in it...

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Posted on Oct, 10/03/2016

It’s now been a few weeks since the NGB $5 notes were released into circulation, and although a lot of people are yet to see them in their change, they’re slowly but surely making their way around the country.

It’s been 15 years since the last note was issued into circulation in Australia, and although I was actively involved in buying and selling all the different types of...

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Category [ Tags: The Fine Art of Numismatics ]
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Posted on Sep, 09/29/2016

The trip I made to the Gold Coast a few weeks back sure wasn't a tough one - Perth was cold and wet, yet it was a sunny 26 degrees in Broadbeach! Aside from the sunshine, IAG auction 84 was extremely active.

Although the total turnover was less than a million dollars, that reflects a trend to smaller but more frequent sales these days. At around 81...

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Posted on Sep, 09/03/2016

It’s been a week since the Sterling & Currency crew were in Victoria for the 2016 Melbourne Money Expo. The Melbourne weather was nothing to complaint about, the advertising and promotion all looked clear and professional, and there was much discussion in the media about the valuable displays that were on show. (Channel 9 visited on the Saturday and...

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Posted on Aug, 08/05/2016

Anyone involved in Australian numismatics will be quite familiar with the size of the Noble auction catalogues - it is nothing at all for one sale catalogue to weigh several kilograms, I’d shudder to think what their annual postage bill is.

Sale 112 was no exception - there were so many lots in this sale, they were split across two catalogues. The smaller of the two catalogues included...

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Posted on Jun, 06/29/2016

One of the 6,835 emails I got a few weeks back mentioned a series of webcasts recently recorded by PCGS called “Learn to Grade Coins”. I filed it away to read “when I got time”, which of course meant I didn’t get to it until much later.

Now that I have taken some time to check the videos over, I’m pleased I did.

Reason being,...

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Category [ Tags: The Fine Art of Numismatics ]
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