For the first time in its history, the American Numismatic Association (ANA) will be hosting a live, nationwide YN Auction online. The auction will take place online at 10 a.m. Mountain Daylight Time on September 19.
One hundred items will be up for auction, including a gold 1915-B Switzerland 20 Francs. YNs will have the opportunity to place live bids. All 100 lots can be viewed on the ANA’s Pinterest page prior to the start of the auction or in the YN Auction Catalog, which can be downloaded as a PDF.
“Traditionally, this YN Auction is held at the World’s Fair of Money. But this year, we wanted to try something different where we could get YNs from all across the nation involved,” said Rod Gillis, the ANA’s Education Director. “With the vast majority of coin auctions moving to an online format, we also felt it was important from an educational standpoint to give the YNs a chance to bid online so that they can learn how to be more savvy when bidding.”
To participate in the auction, YN’s will need to login to the auction software with a Twitter or Facebook account. Detailed instructions for registration are available on the auction page. YN’s are encouraged to submit YN Auction Dollar claims before Monday, September 7, to ensure that auction dollars are received prior to the opening bid.
Sam Gelberd, the ANA’s Numismatic Educator, will be the auctioneer. Gelberd will conduct the auction via streaming video. Participating YN’s will then enter their bids using a chat feature connected to the streaming video. Gelberd will call out the bids in real time and render the final decision.
“This will be similar to our traditional YN Auction, and the only currency accepted will be YN Dollars,” Gelberd said. “It will be a fun, educational experience for YN’s to learn the ins and outs of buying in an online auction.”
The online YN Auction will replace the September monthly auction that is held at the first of every month. Monthly auctions will resume October 1.
For more information or questions regarding the auction, please contact ANA Numismatic Educator Sam Gelberd at (719) 482-9846 or email [email protected].