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 Replies: 23 / Views: 5,440 |
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Pillar of the Community
United States
1298 Posts |
The fees for Heritage, Stack's Bowers, and Legend's are way too high for me. I bought many coins them when the buyer's premium was 15%. None since the buyer's premium went to 20%.
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Pillar of the Community
Canada
999 Posts |
If you are looking for spectacular coins in the $1000+ price range, then Heritage has a lot to offer. Similar to others, I've signed up for an account and enjoy looking at items, but haven't bought anything yet. Like many auction sites, it's hard to know what shipping would be. I called them up to get a ballpark and they said about $50. That's to Canada but maybe less to US address.
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Valued Member
United States
425 Posts |
I have never bid for a coin. I will leave that to others.
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Pillar of the Community
United States
1776 Posts |
I've 'won' one coin from a Heritage Auction. It arrived in a cracked holder. When I called customer service, they were fantastic. They sent me a Fed Ex label (via Fed Ex) to send it back to them for reholder. They got a new NGC holder and CAC sticker and sent it back to me.
All that said, it is generally more expensive as others have mentioned. I have participated in many of their auctions and probably will continue to - you just need to be patient. And it is a great resource that I use all the time.
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CCF Advertiser
United States
1533 Posts |
I buy from HA all the time. Its great for the rarer stuff. You can make offers on things in their inventory as well and they have daily buy/sell sheets on common gold you have access to.
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Pillar of the Community
United States
8137 Posts |
I've bought 2 coins from HA and I'm fairly pleased with them. Their fees are pretty excessive but as long as you add them into your bid before bidding you should be ok.
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Bedrock of the Community
Australia
21788 Posts |
An equivalent experience:
Noble Numismatics in Sydney has a highly respected international reputation that is the equivalent of Heritage. Noble Numismatics auction up to $10 million value in lots in two specialist numismatic auctions per year.
They have a support reference library that would be the in to top 5 largest in the World.
Over about the last decade quite a few items have found their way into my collection via this business. I always attend their view days and make single written fixed price bids, after close in hand examination. I never actually attend th auction.
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Bedrock of the Community
United States
17884 Posts |
Quote:
The fees for Heritage, Stack's Bowers, and Legend's are way too high for me. I bought many coins them when the buyer's premium was 15%. None since the buyer's premium went to 20%. I remember the "good old days" when the buyers premium was 5%. |
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Pillar of the Community
 United States
5192 Posts |
I wonder when the buyers fee will go to 25%...
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Pillar of the Community
United States
7956 Posts |
Quote:
I wonder when the buyers fee will go to 25%... It am guessing it won't, for reasons we have seen on this thread. I am not aware of any other house with 25% commission, and it seems to be a pretty competitive market. Quote:
I remember the "good old days" when the buyers premium was 5%. The European auction house with whom I've done my largest amount of business rcently was still at 5% two years ago. Now they are all the way up to 10%. Edited by tdziemia
02/03/2021 7:33 pm
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Pillar of the Community
United States
7627 Posts |
I try to avoid them as much as possible. Bought one thing from them in the last 30 years.
Their website and historical auction records are a wealth of info for me.
As far as their "people skills" go (at shows) some of their staff can be pretty snooty.
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Bedrock of the Community
United States
94367 Posts |
Heritage and a few other auction sites will always attract massive audiences for top-grade material. It's always been this way.
Personally, I've had great success with Great Collections, which charges no seller fees on lots above $1,000 and only minimal fees below that level. They have a cult following. Astounded by results from my last two consignments.
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Moderator
 United States
189340 Posts |
Quote:
Their website and historical auction records are a wealth of info for me. Go there for the information, leave to purchase elsewhere. |
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Pillar of the Community
United States
1316 Posts |
I won my first Great Collections a couple months back, but have been following them for a while. It was overall a very positive experience. They can get some pretty strong prices, but the buyers fee makes them a better choice. Most of the material we are talking about is certified commodities, so Great Collections's lower fee wins out.
My win was the unusual one-off, a 1782 Peru Real from the SS New York. I won, but was surprised what the bid ran up to for a barely identifiable coin.
Edited by Collects82
02/04/2021 11:12 am
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Pillar of the Community
Canada
1505 Posts |
I come at this from a Canadian coin perspective.
I like heritage, good deals can be found, but you have to be patient. I think the key is to remember to add in all costs and set yourself a bid limit. Buyer fees become irrelevant at that point. Great resource for past sales and pictures. Customer service has always been great and responsive for me.
Purchased a few things on Stacks, happy with purchase and quality, but not many great deals.
Greatcollections, found some great deals there, but very sporadic, only had a few wins there, lots of items seem to have really high starting bid prices.
icollector, some real gems, but lots of questionable auction houses, really read the fine print before buying.
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Replies: 23 / Views: 5,440 |
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Posted 11/06/2020 11:55 am
