Sunday, November 10, 2013

Market Watch

This Market Watch covers ebay auctions from November 3 through November 9. It was a busy week with 62 CTs sold (two lots of 3 tokens each are included in the count, making 58 sales in all).
     The week started off with an offering of 18 CTs from tomv007 -- as with many of his auctions last summer, all the tokens offered were from Angus (perhaps from the same collection). Later in the week, there were 31 tokens from a seller in Ontario, Canada, that were listed as "communion tokens" but were something else. The tokens appeared to be a mixture of checks and counters. As such, these pieces were not counted in the weekly tally given above. Finally, the week closed with 12 tokens offered by tavytavy.
     Two-thirds of the tokens (46 of them) sold for less than $20 with some very nice dated squares included in the mix. Another 10 CTs sold in the middle range with three more selling above $50. The stars of the show were two pieces that crossed the $75 mark and one other that sold for a whopping $195 (certainly deserving of the moniker: highly desired or HD CT).
This crude, but apparently quite rare,
rectangle from Ireland sold for $195. 
     The HD CT was a piece from Ballylennon in Donegal, Ireland. It was a crude rectangle that was irregularly shaped and impressed with BL for the county on the obverse and GH for the minister George Hanson on the reverse. It was a specialist piece with only three bidders pushing the price from about $50 on the last day to $195 at the hammer. A closer look at the picture revealed that this was the same CT that sold last month in the Simmons Gallery auction as Lot 1104 for about $48 -- quite a profit for a quick flip! Here is the link: Irish CT from Ballylennon.
     As mentioned above, two other CTs were bid past $75. First, a round piece from Montrose in Angus (B4684) was bid to $86 with five bidders vying for ownership. The token was attractive with smooth surfaces and sharp details; however, it did have a small scratch near the rim that showed bright. Still, the price was strong. It was from the group offered by tomv007. Here is the link: Round CT from Montrose.
     Second, a heart from Clackmannan dated 1731 (B1460) attracted 13 bids from four bidders. The piece was smoothed by wear with a few hits here and there -- a decent specimen for one that often is found in scraggy condition. The bidding was steady and strong from the start, as hearts are always popular. Everyone who collects CTs want a heart! The final price was $76. This one came from tavytavy. Here is the link: Heart CT from Clackmannan.
     Have you noticed that the number of sales is picking up. As I post this, we have over 390 listings for CTs on ebay! This week, we have witnessed the return of two sellers that we have not seen in a few months.
     On another topic, stay tuned for a recap of the Baltimore Coin Expo.

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