Sunday, December 15, 2013

Market Watch

This Market Watch reviews all ebay auctions and sales from December 8 thru December 14. It was a spirited week with 137 CTs trading hands. At one point, there were over 420 active listings.
     One of the big movers this time around was the serial auctions by benachie; he offered 88 CTs on Saturday to close out the week with a fury of activity -- this represented two-thirds of the action reported here. But let us not forget the always captivating offerings by cobwrightfortishe with 17 pieces going up on Friday, all of them from the seventeenth century.
     All told, there were 79 CTs that sold for under $79 -- most of them were low grade, but a few boasted of nice surfaces with great eye. Forty-one CTs in the B range crossed the block, whereas another 11 BB CTs were strong sellers. There were four more CTs that sold for over $75 in the A range and two additional pieces at the top in the AA category. Robust prices overall: over 40% of the CTs hammered down this week were in the B to AA range!
The reverse is a stock design that appeared in the
late 1840s; the obverse was made to order.
The CT from Ballywillan also shares this reverse,
but the obverse does not have a date.
     The most bids and biggest money was for two Irish ovals: each piece brought the same hammer price of $176. We have seen this before -- Irish pieces bring out the serious wallets. The first one was a piece from Ballywillan Church (B710) in Londonderry. Nine bidders vied for it, casting 14 bids -- but two big bids were entered as the hammer came down, increasing the price by $60 as the final seconds ticked off. The oval is undated, but is likely to date after 1845. Here is the link: Ballywillan CT.
     The second oval was a reprise of the same story: ten bidders, 17 bids, with the winning bid upping the stakes by $80 in the last moments. This oval was from Fauchanvale Church (B2514) in Londonderry. Above is an old photo of one that sold over a decade ago.
     Four A CTs added to the excitement this week. First up, we had a cut rectangle, dated 1860, from Bridgegate in Lanark (B1008) with serial number 199 stamped within a small frame. Only a few CTs were serial numbered to allow a record of each token (and who received them). This piece was bid to $91 with four bidders competing. Secondly, an English oval, dated 1853, from Brampton (B983) was bid to $89 by five bidders. In the third spot, a true Glasgow square (BK469) with the city crest in the center, and dated 1776, was bid to $85 by four determined bidders. And finally, a primitive rectangle (oddly shaped at 25x12mm) from Huntingdon, Quebec, in Canada (CE214) brought a BIN price of $85. This little piece, dated 1835, had been for sale for several months. It is rare, and I am surprised that it did not sell sooner -- it is listed for twice the price in Charlton. Here is an old photo of this curious bit of Canadian history.
     All in all, a very strong week for trading.
The Huntingdon piece is utilitarian
design: small, simple & easy to hold.
     There were many nice CTs selling in the B and BB ranges. In particular, a nice Balmerino round with the blundered 1725 date sold for $25, and a nice pair of Barony Glasgow-squares sold for under $30 each. A few more dollars could have won an 1801 Elgin oval with the serpents slithering under the date for $62. Or how about the ever popular 1678 Brechin round (with the last two digits clear) for $71. And finally, a small square from Grange with the heart motif could be had for $70. All were neat pieces. And yes, if you have been watching for the past few years, the prices are climbing somewhat.

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