Heritage Auctions- Your Thoughts? - Page 2

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Author	Replies: 23 / Views: 5,444	Page: of 2

Conder101 Bedrock of the Community United States 17884 Posts	Posted 11/10/2020 09:46 am 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%. Report this Post to the Staff
NumisEd Pillar of the Community United States 5192 Posts	Posted 02/03/2021 1:03 pm I wonder when the buyers fee will go to 25%... Report this Post to the Staff
tdziemia Pillar of the Community United States 7958 Posts	Posted 02/03/2021 7:30 pm 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 Report this Post to the Staff
westernsky Pillar of the Community United States 7627 Posts	Posted 02/03/2021 8:33 pm 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. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 02/03/2021 8:50 pm 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. Report this Post to the Staff
jbuck Moderator United States 189340 Posts	Posted 02/04/2021 11:01 am Quote: Their website and historical auction records are a wealth of info for me. Go there for the information, leave to purchase elsewhere. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Collects82 Pillar of the Community United States 1316 Posts	Posted 02/04/2021 11:11 am 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 Report this Post to the Staff
purelywasted Pillar of the Community Canada 1505 Posts	Posted 02/21/2021 5:14 pm 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. Report this Post to the Staff
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