Making the World a Better Place, One Coin at a Time
We are in a world where many auctions are now conducted online in addition to or as a substitute for a public event.
Auctions are a major part of the coin trade. Many auction houses will volunteer a summary of the results of their most recent auction. The summary offered by Nomos AG regarding their recent auction held in Zürich, Switzerland, is unusual.
For that reason, I am quoting their comments here: “Well, there has been another eventful Sunday here in Zürich: unlike in other places where they have riots, bad temper, obnoxiousness, and general grumpiness, everything went smoothly, probably because so many serious people were happily ensconced before their computer screens, bidding on the multitude of interesting lots in our eAuction, Obolos 34!!
After all, while you may be having a herculean struggle with another bidder online for some coin you really want, logistics dictate that you cannot, as of yet, physically destroy your opponent online, and you must remain civilized and courteous. In fact, auctions like ours could be the answer to so many of the world's tensions and conflicts since all our participants have learned the virtues of patience and mutual understanding. If more and more people collected coins and were exposed to the comradeship of the numismatic community, well, the world would be a better place!”
We are in a world where many auctions are now conducted online in addition to or as a substitute for a public event. There is humor in the Nomos review of their auction. Still, it should not be overlooked that competition remains strong for desirable coins, regardless of whether their sale is conducted domestically or overseas, in person or via the Internet.
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