NavyFCO Posted March 17, 2007 Posted March 17, 2007 and we should not forget, that the prices are in (expensive) EURO . So, we have to add another 30 % surplus to our calculations ...Good point! I didn't even think about that... and I thought that the estimates were expensive - even in dollars! Oy!Dave
NavyFCO Posted March 17, 2007 Posted March 17, 2007 i just won 11 items Alex - are the results out? I'm curious as to what everything ended at! Thanks! Dave
ALEX.S Posted March 17, 2007 Posted March 17, 2007 Alex - are the results out? I'm curious as to what everything ended at! Thanks! Daveno results yet
Riley1965 Posted March 17, 2007 Posted March 17, 2007 Today's the big day for the auction!I will be interested to see what the final prices on items are. I for one will not be bidding. There are some items I like, but given the "estimates" plus 18% plus shipping and handling would be excessive and well beyond what I could personally afford. Ah well... maybe next time.DaveDave,I'm in the same boat. There are some medals to Soviet medical personnel I would have loved to bid on. However, No money this month. Maybe the next auction... The catalog is still good for referrence. At least that's something. Doc
Christian Zulus Posted March 18, 2007 Posted March 18, 2007 Alex - are the results out? I'm curious as to what everything ended at! Thanks! DaveDear Jani,dear Alex,dear Gentlemen,can the results with the actual hammer prices be seen somewhere in the www ?Many thanks for the informations in advance .Best regardsChristian
Christian Zulus Posted March 19, 2007 Posted March 19, 2007 Still no results .... Best regards Christian
Jani Tiainen Posted March 19, 2007 Posted March 19, 2007 Still no results .... Best regards ChristianAuction results will on-line on our web site tonight at www.medalhouse.comThanks for all participating in to our auction!With best regards,Jani
Guest Rick Research Posted March 19, 2007 Posted March 19, 2007 Thank YOU for standing up to the forces of international anti-collecting stupidity-- and winning!
Christian Zulus Posted March 19, 2007 Posted March 19, 2007 Auction results will on-line on our web site tonight at www.medalhouse.comThanks for all participating in to our auction!With best regards,JaniDear Jani,great - many thanks .Best regardsChristian
Jani Tiainen Posted March 19, 2007 Posted March 19, 2007 Auction results are now on our site.If you can not see the link, please refresh your browser.All the succesful absentee bidders will be contacted directly. We will go to Stuttgart show tomorrow for a week so please be patient if we are not able to handle all bids before returning to Finland next week.With best regards,Jani Tiainen
Christian Zulus Posted March 20, 2007 Posted March 20, 2007 (edited) Helsiniki - results & market trendsGentlemen,in average Helsinki showed the present market situation.But some highly interesting medals and badges had not been sold - it's a pity, that I - and some others of our community - didn't bid for them .Some results of the auction.The 3 groups are just my knowledge & feeling about the market for Soviet awards.I switched over to USD and added the 18 % already.Over market expectations:Motherland 2cl for 2.300,- and and low numberd Motherland 3cl for 920,-.Ribbon-Lenin (r.i. + doc.) for 2000,-.RB #2 for 3.050,- and RB #3 for 2.750,- (ribbon-RBs).Medals: Ushakov (low numbered) for 2.300,- and Nakhimov (hand engr.) for 2.000,- and for 1.600,-."Normal" market prices:Kutuzov 3cl for 6.750,-.Nevsky T2 for 2.300,-.HSL (low numbererd + doc.) for 1.850,-.RBL T2 one for 2.300,- and for 2.150,-.Under market expectations:Glory 3cl (border) for 4.600,-.Glory 2cl + 3cl (res.) for 600,-.Glory 2cl + 3cl (res. + dupl. doc.) for 750,-.Partisan 1cl (+ doc.) 340,-.It seems, that there might be a growing demand for RB #X (but RB #4 did not sell!), Navy-Medals and (rare) Motherlands.Rank & file awards - Glory & Partisan - seemed not to be so much looked after close to the Russian border, as one of the big Russian dealers already told to me last summer . Just my quick analysis out of the auction results.Again: All prices are in USD (excl. shipping & insurance).Best regards Christian Edited March 20, 2007 by Christian Zulus
Blitz Posted March 23, 2007 Posted March 23, 2007 Thank YOU for standing up to the forces of international anti-collecting stupidity-- and winning! Smooth sailing all the way. It was a good auction, albeit beign responsible for all those awards was rather exhausting, especially near the end.
Christian Zulus Posted March 23, 2007 Posted March 23, 2007 Gentlemen,no other commentaries to Helsiniki ?Best regards Christian
Alfred Posted March 23, 2007 Posted March 23, 2007 Meet them today in Stuttgart, with the awards which they not sold in the auction.regardsAndreas
Bob Posted March 23, 2007 Posted March 23, 2007 I'm pretty sure I had made a bid on a certain item and thought I had read that the price ranges given were not minimum prices but estimates... yet I see the item I bid on as "unsold" based on the "prices realized" list. Did I miss something in the fine print?
NavyFCO Posted March 23, 2007 Posted March 23, 2007 I'm pretty sure I had made a bid on a certain item and thought I had read that the price ranges given were not minimum prices but estimates... yet I see the item I bid on as "unsold" based on the "prices realized" list. Did I miss something in the fine print?The awards also had a reserve, so if your bid was below the award's reserve, the award went "unsold"Dave
Bob Posted March 24, 2007 Posted March 24, 2007 The awards also had a reserve, so if your bid was below the award's reserve, the award went "unsold"DaveAha - another question regarding the practice at these kinds of auctions. Say an item is listed with:- price range estimate of 1.000 Euro- person A bidding via mail 1.200 Euro- person B bidding via mail 2.000 EuroObviously person B will win. But will that person pay 2.000 or does the auction go up in increments (e.g. 1.300 as winning bid) as if everybody was bidding in increments in a live auction?
Christian Zulus Posted March 24, 2007 Posted March 24, 2007 Aha - another question regarding the practice at these kinds of auctions. Say an item is listed with:- price range estimate of 1.000 Euro- person A bidding via mail 1.200 Euro- person B bidding via mail 2.000 EuroObviously person B will win. But will that person pay 2.000 or does the auction go up in increments (e.g. 1.300 as winning bid) as if everybody was bidding in increments in a live auction?Dear Bob,if the steps for bidding are 100 Euro, then personb B will get the item for 1.300 Euro.At auctions the increments might get larger in the way the bidding is growing. But these steps have to be regulated und published. It is boring to bid for a Suvorov 1cl at a price level of 80.000 Euro in 100 Euro steps .Best regards Christian
Bob Posted March 24, 2007 Posted March 24, 2007 Dear Bob,if the steps for bidding are 100 Euro, then personb B will get the item for 1.300 Euro.At auctions the increments might get larger in the way the bidding is growing. But these steps have to be regulated und published. It is boring to bid for a Suvorov 1cl at a price level of 80.000 Euro in 100 Euro steps .Best regards ChristianHow can you be sure - when sending in a mail bid of 2.000 euro - that you will get the lowest winning amount as opposed to having the auction house just slapping 2.000 winning bid on it despite potentially 1.300 being good enough?
Christian Zulus Posted March 24, 2007 Posted March 24, 2007 How can you be sure - when sending in a mail bid of 2.000 euro - that you will get the lowest winning amount as opposed to having the auction house just slapping 2.000 winning bid on it despite potentially 1.300 being good enough?Dear Bob,well, that would be a crime .They have the posted offers and nothing more (and the bidders live in the auction hall). So, they can only add one step of bidding.Best regards Christian
NavyFCO Posted March 24, 2007 Posted March 24, 2007 How can you be sure - when sending in a mail bid of 2.000 euro - that you will get the lowest winning amount as opposed to having the auction house just slapping 2.000 winning bid on it despite potentially 1.300 being good enough?That depends on the policies of the particular auction house. I know of one major militaria auction house here in the US that switched from bidding in increments (or whatever it's called - where if one person bids $1000, the next person bids $2000, the higher is the winner and pays $1001 for the item) to bidding as actual bids. So, if you bid $2000 on an item, and the other bid was only $100, you would still be paying $2000 for the item. Luckily, for this change they made it widely known, however people who had originall bid on their auction, left the auction for a time, and came back to bid later were often surprised that their actual bid was the one that they paid! So really, an auction house should have their bidding policies in print, so that way there is no confusion about what policy they adhere to.Dave
JBFloyd Posted March 24, 2007 Posted March 24, 2007 Increments should spelled out in an auction house's conditions of sale.I stopped bidding in several European auctions when I finally figured out that the high mail bid was the opening bid on the floor, so one bid from the knocked me out of competition.
Christian Zulus Posted April 2, 2007 Posted April 2, 2007 Dear Jani,will there be more auctions in Helisinki in the future ?What has been your impression about the auction results?Best regards Christian
Stogieman Posted April 17, 2007 Posted April 17, 2007 I'd be interested in knowing if there is continued pressure from "authorities" regarding "rightful ownership" issues. Anybody have an update?
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