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Numismatic Bicentennial coinsBid sheet

Mail Bid Sales
Under this general category fall offerings of coins published in numismatic periodicals and in catalogues, which invite prospective bidders to participate by telephone, fax, or mail, without floor participation.

 


MAIL BID SALE TERMS
A mail bid sale is an auction where all bids are submitted in writing.

mail-bid sale: Similar to an auction, but all bids and transactions are completed through the mail, online through the Internet or by telephone; no bidding is conducted "in person." ...

Bid Also Mr. Bid. Wholesale buying price as established by market makers, and listed in the weekly Coin Dealer Newsletter. See ask; also singles for an example of how bid is used in conversation.

Bid / Ask
Bid or Buy is the price a dealer will pay for gold bullion coins. Ask or sell is the selling price offered by a dealer. (See Spread.)
Bullion
Uncoined precious metals usually in the form of bars, wafers or ingots.

Bid
Usually refers to the published wholesale value of a certain coin as published in the Coin Dealer Newsletter or other numismatic price directory Otherwise, it could simply refer to a dealers offer to buy a certain coin (e.g.

Bid: the price at which a dealer is willing to buy.
Boiler room: an enterprise that uses high pressure sales tactics, false or misleading information, and scare tactics, generally over the telephone, ...

bid-buy sale: A combination form of fixed-price list and mail-bid sale. Rules may vary from dealer to dealer. However, customers usually may either buy a lot outright at the fixed price or place a bid (higher or lower).

bid The buying quotation of a coin either on a trading network, pricing newsletter, or other medium. See also ask.
bidder Either the dealer issuing a quotation on one of the electronic trading systems or a participant in an auction.

Bid The price offered to buy a particular precious metal item.
Bullion Precious metal in negotiable or tradable form, such as a wafer or bar.

Bid-Ask.
In the Coin Dealer Newsletter, ask prices are set as a small percentage over the bid price. (or the bid is set as a small percentage under the ask price).

Bid sheet - A form used by a buyer in an auction or mail-bid sale, on which the buyer lists the item being bid on by the number it is assigned and the price he is willing to pay.

Bid
The bid price is the price at which a dealer is willing to buy a commodity; opposite of "ask".
Bullion ...

bid
bidder
Either the dealer issuing a quotation on one of the electronic trading systems or a participant in an auction.

Bid
The highest price offered to buy a particular coin issue and grade either on a trading network, pricing newsletter, or other medium.
Also see: Ask
Blank ...

Bid -
The highest price offered to buy a particular coin by one dealer from other dealers, as reported by the Coin Dealer Newsletter.

mail bid sale: a type of auction that accepts bids only by mail, fax, phone, etc. and where no bids are accepted from the floor.
major variety: a design change that is obvious but not significant enough to warrant a change in the type.

mail bid sale An auction sale where bidding is limited to bids by mail. (Today, that also may include by phone, fax, or email.) ...

Mail Bid - An auction format in which bids are submitted by mail; the highest offer for each lot received by the closing date wins the lot. ...

FLOOR BID
A bid received at an auction from a bidder on the floor, i.e. where the auctioneer is calling the action.
FLOW LINES ...

Do not bid on eBay auctions with any one of these characteristics. Avoid them and you will avoid the majority of fakes.

There is another new stunt. Somehow eBay allows sellers to switch item categories during an auction.

Bid Boards
Many coin shops have a form of consignment known as a bid board. A bid board is a place where collectors can display their coins and other customers can write in an amount they are willing to pay for the coin.

Bid Sheet - (1) A page in an auction catalogue, that is usually perforated at the inner edge for easy removal, on which the customer can record his bids. This sheet is then mailed in or given to the auctioneer.

Bid on $20 St. Gaudens
at our Online Auction
$20 Saint-Gaudens
$10 Liberty Gold (1838-1907) ...

Bid rigging Monopolization and oligopolization Price fixing Tying Vendor lock-in ...

"bid siphoning," when con artists lure bidders off legitimate auction sites by offering to sell the "same" item at a lower price. Their intent is to trick consumers into sending money without proffering the item.

The bid/ask coin trading and quotation system owned by the American Teleprocessing Company. Certified Assets Exchange, a Collectors Universe company.
CH
An abbreviation for "Choice." ...

Mail Bid Sales - Mail bid sales are another way of finding the coins you're looking for, for your coin collection. You can make an offer on the coin based on limits surrounding a minimum bid.

If you bid at auction and do not have an agent, you are at a huge disadvantage.

b. Mail bid sales, also often in Coin World.
c. Local dealers shops
d. Live Auctions ...

Greysheet "bid" is the amount that dealers are typically willing to pay other dealers for a coin. Greysheet "ask" is the price dealers typically ask other dealers for a coin, which is higher.

The highest bid in the auction, $2,990,000, was paid by an anonymous investor for a specially-struck U.S. $20 gold piece with the date, 1907, in Roman numerals MCMVII, and known as an "ultra high relief" because of the elevated height of the design.

Yuan Shikai bid his time as revolutionary forces gained the support of more provincial leaders and military commanders. This eventually led to the Wuchang uprising.

machine doubling Doubling of details resulting from loose dies during the minting process (generally considered to have no numismatic value) mail bid An auction format in which bids are submitted by mail; ...

" [See Bid] A Small, But Useful, Profit Tongue-in-cheek term used by Richard Lobel of England in 1985. Applied when describing an outrageous--and therefore, highly rewarding--profit.

Mithradates III at one point requested help from the Roman governor of Syria, Gabinius, who provided him with asylum before Mithradates set out once again in an unsuccessful bid for the throne.

The bluesheet lists various US coins and bid/ask dealer prices for some of these certified/graded coins. See grey sheet.

At the time of their bid for Imperial power Vespasian and his elder son Titus had been engaged in the quelling of the great Jewish Revolt (A.D. 66-70).

bid - the price a dealer (or dealers) are offering to pay for a coin. Sometimes used to indicate a standing offer at that price from a coin dealer or on a trading network. Also, see "site unseen".

4 billion buyout bid. At the time this was the largest bankruptcy in the history of the United States.

"Repurchase at Coin Dealer Newsletter bid, or an in-house, regularly published price guide." This guarantee, while somewhat superior to the one previously discussed, is completely dependent upon the financial health and solvency of the issuing dealer.

Indeed, you may be about to bid on the finest known Proof 1859 quarter eagle; certainly the possibility for such exists in the presently offered specimen.

A good percentage of the coins of Septimius issued at Rome by this time were the Legionary standards type with legends honoring each of the legions that supported Septimius from the very beginning of his bid for the Empire.

The coin pictured a nice "Fine" condition example sold at auction to a high bid of $2500.
1921 is a semi rare coin in the lower grades worth $50. However if yours is in the condition pictured above with just minor wear the value is closer to $500.

"Bid" doubled to $45,000 by February, 1980. After intensive negotiations (lasting less than a minute, I think) I managed to buy that turkey of a coin from Steve for $33,500.

I placed a bid on this lot but was not the winner. I also cannot say I was the underbidder, despite what I thought was a strong bid. This lot realized $325, which may be a record price for a copy of the Bolender book.

Douglas's bid for the presidency. Southern politicians could not reject it and retain their influence at home. Northern politicians who opposed it gave up all hope of national preferment, which then seemed to depend on southern support.

[Calculate the spot value] of the lot they were selling and put in a bid just as tiny but above that spot value and to do this for many different lots.

Critics such as Chapman were doomed to disappointment in their bid to derail the new coins, although they had an influential ally in the U.S. Mint's chief engraver, Charles E. Barber.

Coin dealers let Christians bid up the prices on the Livia- as-Pax denarii of Tiberius. However, there is no such thing as a "real tribute penny." In fact, a set of possible tribute pennies would include the coins of six Caesars.

In January, 1968, his famous Half Dollars were in the 'FUN Convention' auction with a starting bid of $25,000! ...

With the successful bid for this coin, I feel I now have the responsibility of documenting it and presenting the findings in an attempt to explain why this coin would possibly have been minted This page will serve as the venue for my research ...

Kreisberg - Cohen, Mail bid sale, November 27, 1972; Lot #2405.
Two counterstamps.
One counterstamp. Host coin is Hafner 27a. Notable for the host coin and its price estimate of 1,000 Euro. Possibly specimen from November 1968 Kreisberg-Cohen sale.

So the coin on the right sold for nearly $500 and the coin on the left has been bid up to $30 or so as this article was written.

9 million Morgans left in 1964, mostly scarce Carson City specimens, which the GSA put up for public sale via mail-bid auctions starting in 1972. By 1980, as the supplies dwindled, the public finally became interested in the beautiful Morgan Dollar.

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GO TO THESE EXCITING PAGES: U.S. CLASSIC TYPE COINS & FOREIGN COINS, PROOF & MINT SETS ...

This firm has about 6 mail bid only auctions a year (coins, currency, newspapers, documents, autographs and realia. This is a new address as of September 1, 2002) ...

From these hiding places, the reproductions often find their way to various online auction sites, where people who have no earthly idea of how things that are old should look and feel, bid rabidly on these "rare old items right out of grandpa's ...

This 1989 Proof recently sold on eBay for only $9.99 and only 1 bid
The best place to purchase Proof Sets is at eBay. Most proof sets are inexpensive except for sets produced in the 1930s, 1940s and 1950s.

The auction scene at the end of the movie Fall of the Roman Empire is based upon this event (the producers had some of their history correct, they just had the wrong emperor!) His bid of 25, ...

See also: Coin, Auction, Collector, Mint, Collection