Daniel Frank Sedwick, LLC’s first “Internet Only” auction is now open for online bidding, closing at 9 pm EDT on July 28, 2011. Like all of Sedwick’s auctions, this one features shipwreck and world coins, particularly Spanish colonial and Latin American, as well as artifacts, documents and books (789 lots in all). What is different this time, however, is that it is online only (no printed catalog) and absentee-bid only (no LIVE bidding at the end).
“Our consignors demanded it,” says Sedwick, citing overflow of consignments from the company’s two regular auctions per year, “and it provides an excellent venue for less-expensive items that do not merit space in a printed catalog.” Some lots start at only $10, but there is also an 84-troy-lb silver bar from the Atocha (1622) starting at $20,000.
The main feature of Sedwick’s current auction is a selection of 8- and 4-reales cobs from the Sao Jose wreck of 1622, more than 350 coins from the mints of Mexico, Bolivia and Spain in over 90 lots, both individual-lot rarities and group lots for every budget level. Every Sao Jose coin in this offering is slabbed by NGC and expertly graded on a 4-point scale. As usual, this auction is hosted by iCollector (www.auction.sedwickcoins.com).
Bidding procedure and conditions are all the same as for Sedwick’s main auctions, just without the LIVE bidding at the end (all the lots will close at the same time). Lot viewing will take place at the Summer FUN show, July 7-9, at the Orange County Convention Center in Orlando, Florida. After the show (up until July 27), lots may be viewed by appointment at Sedwick’s office in Winter Park.
Consignments for Sedwick’s Treasure and World Coin Auction #10 in October 2011 will be accepted until August 1.