Saleroom roundups
- bryans fan
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Re: Saleroom roundups
I noticed that there were a lot of N/S and below estimate sales in the previous post re the Auction Team Breker (Cologne)
sale and was going to comment, but you beat me to it with the second post re The Donley Auction Services sale in America, where again prices were low.
Was this a misprint ? If not someone got a bargain!
Cail-o-phone Coin Op Cylinder Phonograph,
Estimate: $12,000 - $14,000
Hammer: $1,300 (£1,074)
I think this emphasises the reality of our collecting hobby, and collecting in general. These Items have no real quantifiable "value", they are worth what someone will pay. It's supply and demand.
With the current Global uncertainty over the Covid19 epidemic, people are prioritising their spending.
An example I have mentioned, pre Covid19, to fellow collectors is the rise and fall in the value of Longcase Clocks. In my childhood / early '20s they were much revered and commanded high prices, usually a thousand pounds or more for run of the mill examples. They now go through auctions for a couple of hundred.
sale and was going to comment, but you beat me to it with the second post re The Donley Auction Services sale in America, where again prices were low.
Was this a misprint ? If not someone got a bargain!
Cail-o-phone Coin Op Cylinder Phonograph,
Estimate: $12,000 - $14,000
Hammer: $1,300 (£1,074)
I think this emphasises the reality of our collecting hobby, and collecting in general. These Items have no real quantifiable "value", they are worth what someone will pay. It's supply and demand.
With the current Global uncertainty over the Covid19 epidemic, people are prioritising their spending.
An example I have mentioned, pre Covid19, to fellow collectors is the rise and fall in the value of Longcase Clocks. In my childhood / early '20s they were much revered and commanded high prices, usually a thousand pounds or more for run of the mill examples. They now go through auctions for a couple of hundred.
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- Site Admin
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Re: Saleroom roundups
Sorry, yes, that was a midnight typo. Shift commas and place-value along one to: Hammer $13,000 (£10,741).
Corrected - thanks.
The second part of the sale is today and includes a few jukeboxes and other coin-ops, so I'll add those results when they come in.
Re: Saleroom roundups
Bryans Fan, don’t agree on the current market trends, in fact I have been surprised at how machines are selling eBay, most way above normal auction prices at Elephant and Coventry. E.g. there is an Aristocrat Starlite on eBay now which has already reached £480 and many days left. Wonders Win a Place a few weeks ago for £850, a Beromat Manhattan for £310... I could go on. Mr PM obviously does not track eBay and machines have been allowed to stay on and most fetching good money. Given the issues in collecting, it has surprised me. Some sellers have stupidly taken quick offers for cheap prices, but their loss. Of course, there still is the hard core of dreamers leaving machines on eBay for crazy buy it now prices.
The problem with these old music boxes, they are very specialist with a very small niche group of collectors with a non wider appeal. I would even argue they are not coin op as we know it and more in the music side of the collectors field, like jukeboxes...
The problem with these old music boxes, they are very specialist with a very small niche group of collectors with a non wider appeal. I would even argue they are not coin op as we know it and more in the music side of the collectors field, like jukeboxes...
- bryans fan
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Re: Saleroom roundups
Could be the "lock down effect" people have nothing better to do than surf the net?
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Re: Saleroom roundups
That's true, I visit the site infrequently, although if there was something exceptional I suspect it would get a mention here. Saleroom prices for gaming machines don't seem overly affected in the UK, apart from a little wobble when live auctions were still running while attending and collecting was problematic. Certainly one American sale doesn't make a trend. As you say, mechanical music is a rather different market, and maybe the estimates were too high anyway. There are one or two slots today, but the Morphy sale on 20-21st of next month should be a better guide to the mood in America.
- john t peterson
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Re: Saleroom roundups
have you tried rubbing on Dettol?john t peterson wrote: ↑Sun May 17, 2020 4:45 pm I can tell you my mood right now: Grumpy!
J Peterson
Lockdown, USA
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- Site Admin
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- bryans fan
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Re: Saleroom roundups
https://www.sothebys.com/en/press/slam- ... ?locale=enbryans fan wrote: ↑Sun May 17, 2020 10:16 am
I think this emphasises the reality of our collecting hobby, and collecting in general. These Items have no real quantifiable "value", they are worth what someone will pay. It's supply and demand.
$560,000 for a pair of used trainers! The world has gone mad.
- badpenny
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Re: Saleroom roundups
So far as trainers go I was quite pleased, I'll put them back on Buffalo nickels.
BP
BP
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Re: Saleroom roundups
Thanks PM, definitely quiet out there. For your reference the Witches Cat did sell for £2500, I do not believe the Saleroom updated correctly, but I watched online and Beestons site confirms this...
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Re: Saleroom roundups
OK, thanks TF - I've amended that. A thin month, as you say, though I might have missed one or two, having been away the last couple of weeks.
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Re: Saleroom roundups
This month's sale results now in the Arena, including some from the Potter & Potter sale.
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