Legend Morphy first auction is now online

[AnkurJ]

And I must say I am not overly impressed. There are some decent coins, yes. But there are many non-CAC coins, a handful of coins in details holders, and some coins I question as to why they were accepted.

 

The other thing is that their images are not the greatest. Some images I saw were not in focus. I would hope they would have better quality control when selling high dollar coins.

 

My two cents.

Ankur

[RWB]

Agreed, but it is a first attempt and appears to have been put together on short notice. Lets see how they do in a year.

[e1cnr]

I think it is good first effort.

 

What I do question is why have estimates, if the opening bid (reserve?) is higher - are they going to lower them on the floor if no bids?

[James_OldeTowne]

I think it is good first effort.

I agree, much to my surprise. There's actually some pretty nifty items for everyone, except that I think the gold nuggets are a little odd. I went ahead and registered and might take a stab or two.

[Kurtdog]

There's actually some pretty nifty items for everyone

Yeah, I like it. I think they're doing good for a start-up.

[Walkerfan]

There was nothing there for me-----hopefully, they will improve. I've seen worse, though.

[brg5658]

And I must say I am not overly impressed. There are some decent coins, yes. But there are many non-CAC coins, a handful of coins in details holders, and some coins I question as to why they were accepted.

 

The other thing is that their images are not the greatest. Some images I saw were not in focus. I would hope they would have better quality control when selling high dollar coins.

 

My two cents.

Ankur

 

Firstly, don't judge an auction by it's % of CAC-beans. For some (ok most) of the coins (e.g., the MS69FB Mercury dime) who cares if it has a bean?

 

Secondly, I think for a first auction the layout, website, and venue looks very professional. There's something to be said for that.

 

Lastly, I would agree that their images are not top notch. Many are out of focus and they could certainly improve. That being said, I don't think they are much worse than Heritage, Teletrade, etc.

 

[MarkFeld]

There was no way that this auction was going to please the masses.

 

If many or most of the coins were of high value and/or CAC verified, many would have complained about that. And with that not being the case, many will complain about that, as well.

 

I'm not picking on anyone here, but rather, speaking in general terms, about the way such things typically go.

[messydesk]

I'll probably bid on a couple lots. They do need to improve their pictures, though.

[Catbert]

I'll probably bid on a couple lots. They do need to improve their pictures, though.

 

John - they need to hire you!

[jom]

There was no way that this auction was going to please the masses.

 

If many or most of the coins were of high value and/or CAC verified, many would have complained about that. And with that not being the case, many will complain about that, as well.

 

I'm not picking on anyone here, but rather, speaking in general terms, about the way such things typically go.

 

Since I have nothing to complain about I'll complain about people complaining.

 

jom

[MJ]

Laura clearly stated that the first three auctions would be a work in progress. Clearly it is. The picture quality is already being addressed. The first PCGS auction in December should be 500 lots. Nobody will ever be happy no matter what. Same as it ever was.

 

MJ