Auction: Gold 1/25 to 1 oz PM Lunar, Eureka Stockade and Piri Reis

Discussion in 'Australia & New Zealand (Public)' started by Pendragon, Mar 12, 2023.

  1. C.H.

    C.H. Active Member Silver Stacker

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    I don't think you can bit Spot + $X.
    What if Spot drops? Your bid will be less than Horrie's.
    Up to the auctioneer though.
    Also free bump.
     
  2. robertc400

    robertc400 Well-Known Member Silver Stacker

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    ^^^
    I fully understand, all I was pointing out was at the time of his pricing spot was ................ and still is $710.
     
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  3. C.H.

    C.H. Active Member Silver Stacker

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    Then just bid $711 without the shenanigans. Maybe mention that it's just above Spot.
    There are plenty of clowns here, don't have to join them.

    I won't post anymore here to not anger the mod.
     
  4. Pendragon

    Pendragon Well-Known Member Silver Stacker

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    I understand and recognize the potential of trouble for mixing of absolute and relative-to-spot bids early on. I hope that as we approach auction end we will not be loitering around spot for any of these coins. So time might just resolve this problem!
     
    Last edited: Mar 15, 2023
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  5. robertc400

    robertc400 Well-Known Member Silver Stacker

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    ^^^
    Exactly......... as I was not expecting my bid to stay there and I was just pointing out that someone elses bid was lower.
    And look what I get for doing that.

    Wow.......really.......Clown.......really.......I must be getting really old. Gee I could say a lot but wont as its not my style and I'm well and truely old enough to remember my manners.
     
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  6. Pendragon

    Pendragon Well-Known Member Silver Stacker

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    Despite the previous discussion posts not much has changed since the last leader-board. We have about 24 hours to go to auction completion:

    2013 1 oz Gold Lunar Snake Jay Reece $2830
    2014 1 oz Gold Lunar Horse DJE $2840
    2001 1/4 oz Gold Kangaroo robertc400 spot+$1
    2010 1/4 oz Gold Kangaroo madawa1 $720

    2011 1/4 oz Gold Kangaroo Oscar (spot | $700)
    2011 1/10 oz Gold Panda DJE $340
    2012 1/10 oz Gold Lunar Dragon DJE $340


    Please make bids in absolute $ instead of relative to spot terms.
    The highest bidder below spot will get an option to match spot to conclude sale.

    Goldstacker's price for
    1/10 oz 2023 Lunar is $360
    1/4 oz randoms is $814
    1 oz 2023 Lunar is $2973 while spot @$2850


    You have Pendragon's guarantee that the condition of both the coins and capsules are in mint condition unless otherwise stated. The Lunar 1 oz coins are carefully taken out of their original mint rolls for this auction.

    The reserve on the Eureka Stockade and Piri Reis 1/25 oz fractional Macquarie Mint coins is reduced from $150 to $139. Both coins commemorate significant history makers.


    Best wishes.

    Last edited: Today at 9:24 AM
     
    Last edited: Mar 15, 2023
  7. robertc400

    robertc400 Well-Known Member Silver Stacker

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    2001 1/4 oz Gold Kangaroo $711
    2011 1/10 oz Gold Panda $341
    2012 1/10 oz Gold Lunar Dragon $341
     
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  8. Pendragon

    Pendragon Well-Known Member Silver Stacker

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    robertc400 is reasserting his lead on his original fractionals of interest. The leader-board, 17 hours before the end of the auction:

    2013 1 oz Gold Lunar Snake Jay Reece $2830
    2014 1 oz Gold Lunar Horse DJE $2840
    2001 1/4 oz Gold Kangaroo robertc400 $711
    2010 1/4 oz Gold Kangaroo madawa1 $720

    2011 1/4 oz Gold Kangaroo Oscar (spot | $700)
    2011 1/10 oz Gold Panda robertc400 $341
    2012 1/10 oz Gold Lunar robertc400 $341


    The highest bidder below spot will get an option to match spot to conclude sale.

    Goldstacker's price for
    1/10 oz 2023 Lunar is $368
    1/4 oz random date is $835
    1 oz random date is $3031 while spot @$2913


    You have Pendragon's guarantee that the condition of both the coins and capsules are in mint condition unless otherwise stated. The Lunar 1 oz coins are carefully taken out of their original mint rolls for this auction.

    The reserve on the Eureka Stockade and Piri Reis 1/25 oz fractional Macquarie Mint coins is reduced from $150 to $139. Both coins commemorate significant history makers.


    Best wishes.
     
  9. Jay Reece

    Jay Reece Active Member

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    2014 1 oz Gold Lunar Horse $2850
     
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  10. florincollector54

    florincollector54 Well-Known Member

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    2001 1/4 oz Gold Kangaroo $712
     
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  11. Pendragon

    Pendragon Well-Known Member Silver Stacker

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    Jay Reece is not going to let go of the 1 oz lunars. florincollector54 has joined in the auction but his bid is below what we already have (spot price $726 ) This is what the Leader-board looks like 10 hours before auction completion:

    2013 1 oz Gold Lunar Snake Jay Reece $2830
    2014 1 oz Gold Lunar Horse Jay Reece $2850
    2001 1/4 oz Gold Kangaroo robertc400 spot+$1
    2010 1/4 oz Gold Kangaroo madawa1 $720

    2011 1/4 oz Gold Kangaroo Oscar (spot ! $700)
    2011 1/10 oz Gold Panda DJE $340
    2012 1/10 oz Gold Lunar Dragon DJE $340


    Please make bids in absolute $ instead of relative to spot terms.

    If the highest bidder is below spot then he/she will get an option to match spot to conclude sale. I don't see what is the point of placing bids well below spot as we approach auction finish!

    Goldstacker's price for
    1/10 oz 2023 Lunar is $365
    1/4 oz randoms is $828
    1 oz randoms is $3006 while spot @$2903


    You have Pendragon's guarantee that the condition of both the coins and capsules are in mint condition unless otherwise stated. The Lunar 1 oz coins are carefully taken out of their original mint rolls for this auction.

    Both the Eureka Stockade and Piri Reis 1/25 oz fractional MacQuarie Mint coins are available but the European single currency commemoration coin is no longer available.



    Best wishes.
     
  12. Pendragon

    Pendragon Well-Known Member Silver Stacker

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    Hi

    Spot is $726. Even if your bid was the highest bid to date it would be pointless to bid below spot when we are so close to auction finish. Anyone who places a bid below spot but closer to spot will take the coin away from you and pay exactly what you would have payed - spot.
     
  13. florincollector54

    florincollector54 Well-Known Member

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    2001 1/4 oz Gold Kangaroo $727
     
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  14. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Lot 2013 1 oz Gold Lunar Snake $3000
    Lot 2014 1 oz Gold Lunar Horse $3000
    2001 1/4 oz Gold Kangaroo $745
    2010 1/4 oz Gold Kangaroo $745
    2011 1/4 oz Gold Kangaroo $745
     
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  15. Pendragon

    Pendragon Well-Known Member Silver Stacker

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    66Rounds enters the auction with decisive bids that break through the spot price like DJE. This is what the leader-board looks like 6:40 hours before auction completion:

    2013 1 oz Gold Lunar Snake 66rounds $3000
    2014 1 oz Gold Lunar Horse 66rounds $3000
    2001 1/4 oz Gold Kangaroo 66rounds $745
    2010 1/4 oz Gold Kangaroo 66rounds $745

    2011 1/4 oz Gold Kangaroo 66rounds $745
    2011 1/10 oz Gold Panda DJE $340
    2012 1/10 oz Gold Lunar Dragon DJE $340


    Goldstacker's price, while spot @$2887, for
    1/10 oz 2023 Lunar is $363
    1/4 oz randoms is $824
    1 oz Kangaroos is $3011


    You have Pendragon's guarantee that the condition of both the coins and capsules are in mint condition unless otherwise stated. The Lunar 1 oz coins are carefully taken out of their original mint rolls for this auction.

    The reserve on the Eureka Stockade and Piri Reis 1/25 oz fractional Macquarie Mint coins is reduced from $150 to $139. Both coins commemorate significant history makers.


    Best wishes.
     
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  16. robertc400

    robertc400 Well-Known Member Silver Stacker

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    2011 1/10 oz Gold Panda $341
    2012 1/10 oz Gold Lunar Dragon $341
     
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  17. Silverdealer

    Silverdealer Active Member

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    2012 1/10 oz Gold Lunar Dragon $351
     
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  18. DJE

    DJE Active Member

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    2011 panda $345
    2012 Dragon $360
     
  19. Oscar the grouch

    Oscar the grouch Member

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    2011 1/4 oz Gold Kangaroo- $746
     
  20. florincollector54

    florincollector54 Well-Known Member

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    2011 1/4 oz Gold Kangaroo-$747
     

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