Tuesday, October 26, 2010

10/26 Report - Unsold Treasure Lots at Reduced Prices

Treasure Coast Beach This Morning.

More about that later.

I received the following email from SedwickCoins.

Many thanks to all our consignors and bidders for making it happen again: Our third auction in a row over $1 million! About 90% of the lots sold, but now you can make that number higher: As always, we are offering the unsold lots on our website at reduced prices for ONE DAY ONLY (ending at 4 pm EDT Tuesday), so you have to act fast! For those of you who got outbid on everything (check your iCollector account to see), here is a second chance to get a piece of the treasure.

The unsold lots now listed on our website are at fixed prices and subject to immediate sale (first come, first served). ALL SALES ARE SUBJECT TO THE SAME AUCTION TERMS (seller's fee, shipping and taxes [if applicable] will be added). Limited (and reasonable) offers will be presented to consignors as time allows, so if you see something you want at a lower price, it can't hurt to ask, but you are likely to lose the lot to someone else in the meantime. Things sell quickly in our post-auction sales!

Invoices will go out to winning bidders later this week and next. Please be sure to let us know how you are paying and how you want your lots shipped, as we cannot finalize your invoice until we have that information.

We will be attending the Baltimore Coin & Collectible Expo next week (November 4-6), so please let us know if you would like to meet us there. We can bring your auction lots (coins only), but only if you tell us ahead of time. Call or email us for details about the show: office@sedwickcoins.com, (407) 975-3325.

You have until 4:00 today to take advantage of the reduced prices on unsold lots.

Here is the link.


I always try encourage people to expand their areas of interest and familiarity. Did you notice that a fossil megaladon tooth brought in a bid of $385 in the recent SedwickCoins auction?

You can find fossil shark teeth along much of the Treasure Coast, and often when metal detecting conditions are poor.

As I often say, "When conditions are not good for one thing, they are often good for something else."

And did you notice the nice prices brought in by some of the spikes and concreted artifacts. Sometimes concretion adds to the appeal of items. You don't have to clean everything. Sometimes it is better to leave things in their found condition.

Here is a good article for anyone that wants to understand what is going on in the American economy. The article explains why and how our cash is turning into trash. Back a year or more ago, I explained some of this in my own words. Here is someone that knows a lot more than me saying the same thing and more. It also explains the high prices of gold, silver and groceries.


Forecast and Conditions.

The beach photo that I posted above shows one thing that was not so apparent on the same beach yesterday. Can you guess what that is?

It is the sea weed. Sea weed is a bad sign. It usually means that light materials are washing in and building up on the beach. That is what happened to some of the beaches that eroded over the weekend. The erosion has stopped and started to reverse.

The thing is, like the erosion, you never know how long current conditions will continue. The building might only continue for a few hours or it might continue for days.

Right now, as you can see, the cuts have not filled. There is just some loose mushy sand building up on the front beach.

It is still worth checking around. I'll keep my beach conditions rating at a 2 for now. If you are a new reader of this blog, my beach conditions rating is a five point scale, with 1 being poor, and 5 excellent.

October and November have been good months in the past. If I remember last year was not one of those years. But often a cold front will come in in November or December. Most of my best hunts have been in the period between November and January. In more recent years, February to March, while not being great, have produced a few cobs.

Right now, I would guess that it will take a either one real good northeaster or a few months to move a lot of that sand.

The surf web sites are projecting about three foot seas until the weekend when the seas are expected to increase to about six feet. It usually takes six to eight foot seas for much to happen. We'll have to wait and see if we actually get seas that high.

You can always count on having some luck - sometimes it's good and sometimes bad.

Happy hunting,