September 29, 2008

October 11 Scott Winslow Auction

The latest offerings from Scott J. Winslow Associates Inc will take place October 11. This is a mail, phone and live internet auction, meaning you can bid live via eBay. As always, in cases of tie bids, the earliest bid received takes precedence, so I always recommend bidding as early as you can.

This sale is 100% focused on stocks and bonds. The offering includes 847 lots, with 337 representing railroad companies. As usual, Scott will offer gobs of heavy-hitter autographs, with more than 80 lots involving railroad certificates. Among the autographed items are Gould, Harriman, Commodore Vanderbilt and several lots involving J.P. Morgan.

Winslow remains one of the few auction houses which has not hiked his commission structure. Winslow's rate is still 15% of the hammer price. Because of eBay fees, successful online bidders will pay an additional 5%. This should give you additional incentive to bid early.

I also applaud Scott for clearly stating his minimum acceptable bid - "60% of the low estimate." I really don't understand why many other houses find this concept so hard to understand.

I don't have time for a full count, but it looks like 85% to 90% of the lots are illustrated. Be warned that illustrations are in black and white in the catalog, which is one of the ways to control costs in order to keep commission fees affordable.

Contact Scott J. Winslow Associates immediately to receive a copy of the 102 page catalog. You may also see an Acrobat version of the catalog on the web site. Obviously, color images will appear for the online sale. (You must be registered in advance to participate in the live eBay action.)

1 comment:

Anonymous said...

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