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Important Schuetzen-Era Medals at Auction (Read 3328 times)

Bill Lawrence Frequent Elocutionist Offline Posts: 1037 Joined: Mar 17^th, 2014	Important Schuetzen-Era Medals at Auction Jun 9^th, 2019 at 10:13pm	Print Post
	The 06/12-13/2019 Morphy-Julia Militaria and Related auction has a nice bunch of schuetzen-era medals on offer, including one tangentially associated with Creedmoor. The lot numbers are 2199, 2200, 2202, 2211-2214, and 2216. As always, I have no stake in this stuff. Bill Lawrence


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OLD TUCK Senior Forum Member Offline Posts: 469 Location: Middleborough MA Joined: Oct 5^th, 2017	Re: Important Schuetzen-Era Medals at Auction Reply #1 - Jun 10^th, 2019 at 3:41pm	Print Post
	Bill and others. I went to the Morphy site and found the Medals. Many are real Gold, and they have weighed them and found a value on just the Gold. They are price appraised appropriately. So unless you are in the business there is no bargain there. The higher the Carat number the higher the value based on the pure salvage for Melting them down. Gold yesterday was at $1,333/ounce. So as much as I would like to aquire a Creedmore era medal I will have to forgo the pleasure. FITZ. OLD TUCK


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Bill Lawrence Frequent Elocutionist Offline Posts: 1037 Joined: Mar 17^th, 2014	Re: Important Schuetzen-Era Medals at Auction Reply #2 - Jun 10^th, 2019 at 10:10pm	Print Post
	Unfortunately, nowadays when it comes to items containing real gold, silver, etc., most auctioneers set ranges and most bidders set their maximums based on "melt" value. However, while most auctioneers will try to start the bids at 1/2 of their minimum, if the auction is absolute, they have to take what they can get. In short, nothing ventured, nothing gained. Bill Lawrence


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JägerWilhelm Full Member Offline ASSRA #8407 Posts: 207 Location: Central Pennsylvania Joined: Sep 13^th, 2015	Re: Important Schuetzen-Era Medals at Auction Reply #3 - Jun 13^th, 2019 at 6:04pm	Print Post
	I was at Morphys today doing some work and to bid on some other items, so I looked at all the medals and decided to buy a couple. None of the lots reached the lower estimate and overall there was little action on them. Very little in fact....

	NRA Life, GGCA Director, OVMS Life, FDHAS Life Mit Schützengruß, Willi
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Bill Lawrence Frequent Elocutionist Offline Posts: 1037 Joined: Mar 17^th, 2014	Re: Important Schuetzen-Era Medals at Auction Reply #4 - Jun 13^th, 2019 at 6:28pm	Print Post
	Guten Tag, JägerWilhelm. Are you saying that the some/most/all of the medals didn't sell? Bill Lawrence


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JägerWilhelm Full Member Offline ASSRA #8407 Posts: 207 Location: Central Pennsylvania Joined: Sep 13^th, 2015	Re: Important Schuetzen-Era Medals at Auction Reply #5 - Jun 13^th, 2019 at 6:52pm	Print Post
	Bill, they all sold but none reached the minimum estimate. The estimates are not reserves. Bidding starts at 50% of the minimum estimate, like most auctions. As you mentioned above. Some sold at half of the minimum estimate, which meant only one person bid on them. That is why I am not sure why many are worried about the estimate range.

	NRA Life, GGCA Director, OVMS Life, FDHAS Life Mit Schützengruß, Willi
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calledflyer Frequent Elocutionist Offline Posts: 3585 Joined: Mar 9^th, 2015	Re: Important Schuetzen-Era Medals at Auction Reply #6 - Jun 13^th, 2019 at 7:46pm	Print Post
	JagerWilhelm, I think it's a good thing that you (and the rest of the buyers) saved the history represented by those medals. Much jewelery of the past is being smelted- coin stores make tons buying that stuff for spot prices. Most doesen't make much difference, but some- such as these should be retained. You did it and for that you get a big attaboy. And, thanks.


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Bill Lawrence Frequent Elocutionist Offline Posts: 1037 Joined: Mar 17^th, 2014	Re: Important Schuetzen-Era Medals at Auction Reply #7 - Jun 13^th, 2019 at 11:01pm	Print Post
	I'm only sorry Old Tuck got scared off by the estimates. Bill Lawrence


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marlinguy Frequent Elocutionist Offline Ballards may be weaker, but they sure are neater! Posts: 16274 Location: Oregon Joined: Feb 2^nd, 2009	Re: Important Schuetzen-Era Medals at Auction Reply #8 - Jun 14^th, 2019 at 10:47am	Print Post
	calledflyer wrote on Jun 13^th, 2019 at 7:46pm: JagerWilhelm, I think it's a good thing that you (and the rest of the buyers) saved the history represented by those medals. Much jewelery of the past is being smelted- coin stores make tons buying that stuff for spot prices. Most doesen't make much difference, but some- such as these should be retained. You did it and for that you get a big attaboy. And, thanks. I think he said he was there to watch them sell, not that he bought them?

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JägerWilhelm Full Member Offline ASSRA #8407 Posts: 207 Location: Central Pennsylvania Joined: Sep 13^th, 2015	Re: Important Schuetzen-Era Medals at Auction Reply #9 - Jun 15^th, 2019 at 9:47pm	Print Post
	Odd interpretation of my post (#3).

	NRA Life, GGCA Director, OVMS Life, FDHAS Life Mit Schützengruß, Willi
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