Friday, May 8, 2015

Market Watch

April has passed, and we are into Spring. The CT marketplace was slow during this transition with only 86 CTs sold. Nearly two-thirds of these sales were from fixed-price sales (BIN); although many items went for BO -- so, do not be afraid to make offers. Last month there were 221 sales with 30 more than that in February.
   The large percentage of BIN sales provided a different mix of prices in April with 40% of pieces selling in the B range (most of them between $20 and $35). All told, 50 CTs sold below $20 in the C range, whereas 35 CTs sold in the B range. Only one piece edged into the BB range (over $50) at a BIN price of $58.
Here is an example of the brass Mt. Pleasant CT.
   Many of the BIN offerings came from cobwrightfortishe, as he is selling off a large holding. The top piece was one of his offerings: a brass rectangle with notched corners from Mt. Pleasant in Liverpool. It was in excellent condition. This piece is cataloged as BZ4298 and was described as "rare" by the seller. It was produced in the mid-nineteenth century. As mentioned above, it sold for $58 -- a low price when you compare with other token groups.
   Other runner-ups included an oval from the John Street Relief Church that was dated May 29, 1800. It was a very nice piece with casting sprue evident. I did not find it in BZ; is it a Glasgow piece? Seven bidders cast nine bids to produce a $48 hammer price.
   Third-up was a dated -- 1855 -- stock token with burning bush from Orilla, Ontario (CW302; BZ5422). This one sold for a BIN price of $47.

   As you can see from the previous post, we have a large auction coming up from Simmons Gallery, so there are collecting opportunities coming up this month. I have bid in the last several SG auctions and have been always been pleased -- it helps that I always got something! Last time, I got a heart. So, good luck everyone!

No comments:

Post a Comment