A Successful Auction

On Tuesday James and Sons had a small auction of banknotes and coins. I ran the IT side of the auction itself, having also typed all the descriptions and created most of the images. This post looks back at a day that while it certainly did not go exactly to plan was indubitably a successful for James and Sons.

AN EARLY START

With the sale getting underway at 10AM I had to arrive early, and the only way I could do so was to catch the early morning bus, getting into Fakenham at 7:48. I had warned my employer of this detail and he promised to arrive as near that time as he could manage. I got in to Fakenham as planned, found that my employer had not arrived yet, and took myself off for a short walk to fill a little time. He arrived a little after I got back to the shop, and opened up. At 9:30 the person who had done what I was to be doing that day arrived and put me through my paces. At 10 o’clock on the dot we kicked off.

THE SALE ITSELF

The 50 lots of banknotes with which the sale started were fairly quiet, though even one or two of those went well. The coins (lots 51-267 inclusive) fared quite superbly. The star item of the auction, a Stephan Batory 1583 gold ducat, soared to £2,300, considerably more than we had expected. While not going anything close to that kind of figure a lot of the silver coins achieved much higher prices than expected, with prices in three figures commonplace, and over £300 happening multiple times. Lots 268-277 and 281-300 were books about coins, and lots 278-280 were charity coin lots, and my employer’s voice was suffering, so he decided to end the sale at lot 267. I managed to close things down OK. Although there were no bidders in the shop we had active bidders on two online platforms (www.the-saleroom.com and www.easyliveauction.com) and we also had a telephone bidder (an old client who is a big spender, which is why it was permitted even though it meant someone had to be there with the sole purpose of handling these bids), and there were times when it was very intense. However, I enjoyed the day and was pleased overall with how it went.

PHOTOGRAPHS

Here is my photo gallery for this post…