DANIEL FRANK SEDWICK presents…
TREASURE AUCTION #1
A MAIL-BID SALE
CLOSED MAY 30, 2007
click here for Prices Realized
WELCOME to our first-ever Treasure Auction! For over 20 years now we Sedwicks have been bringing you genuine treasure coins and artifacts for sale at reasonable prices, but increasingly our suppliers have gone to auction instead, making use of attractive promotional offers from mega-auction houses. When it comes down to it, however, those big companies really just don’t know treasure and provide little in the way of customer service. How often have you bid in their sales, won the lot, and then come to find out that they lost your paperwork and sent the coin back to the consignor? (It’s happened to me!) Or how about when you actually do get the lot you win, but the certificate is missing? Worse still, did you know that fake treasure coins and ingots have been presented in two major auctions so far this year? It is a field that requires a specialist.
Consignors and potential bidders have responded tremendously to the idea of Treasure Auctions, as you can see from the 400+ lots and well over a half million dollars in value in this auction alone. But this is just a start. We hope to bring you these Treasure Auctions reliably twice a year, and eventually we may even be able to present them in a live format.
This catalog is being presented simultaneously on our website as well. At present we are not able to offer secure bid-sheet submission or real-time high-bid updates through our website, but we intend to do so in subsequent auctions as our manpower and resources increase. You are welcome to phone in your bids and inquire as to whether you are currently the high bidder, but please understand that the closer to the closing time, the less chance you have of getting through by phone, which is why we recommend email or fax instead. If you send your bids by postal mail, please call to confirm that we have received them.
Please note that our auctions make use of the concept of Minimum/Maximum bids. In other words, all bidders are asked to supply TWO bids: their maximum bid PLUS the lowest bid they think might win the lot. If there is a tie on your Maximum, you will win the lot if your Minimum is above your competitor’s. If you think you might get the lot cheaply, but still want to buy it if it goes high, then give us a big spread, say $100 Minimum and $1000 Maximum. If, on the other hand, you want to be more sure that you will win it, give us a smaller spread, like $900 minimum and $1000 Maximum. If there is no tie, then you will win the lot for approximately 10% over your Minimum OR the next higher Maximum, whichever is higher. But be forewarned: If you do NOT give a Minimum bid, then your Maximum will be considered to be your Minimum as well, and therefore you will not benefit from reduction, although you do have the best chance to win in case of a tie. Only when there is a tie on BOTH the Minimum and Maximum bids will the lot be awarded to the earlier bidder.
Don’t be intimated: Anyone who has done business with us before knows that we are very accommodating and helpful and will always do our best to assist. We think the auction concept is thrilling and should be a fun and rewarding experience for everyone involved!So now explore the links below...click on Current Sale Catalog if you want to just go ahead and see the lots and visit the other pages as you need them. Good luck and happy hunting!
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Site Links:
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Interested in placing a bid?
Email bids to: treasurebids@gmail.com
To fax a bid first Click here for a printable Bid Sheet
(Adobe Acrobat Reader required; available as a FREE download at www.adobe.com)
Phone (407) 975-3325 • Fax (407) 975-3327
Copyright © 2007 · Daniel Frank Sedwick
All rights reserved