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Heritage Auction Questions

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Pillar of the Community
Sweden
729 Posts
 Posted 01/07/2013  4:01 pm  Show Profile   Bookmark this reply Add epikur to your friends list
Then I think it depends on what you are planning on selling. Your VG 1895 will probably get lots more exposure at heritage than at tele-trade= more potential bidders= higher price
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United States
23522 Posts
 Posted 01/07/2013  4:02 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
I can't really say I favor one over the other, except to recognize that week in and week out, Heritage is going to get the largest audience. But between Heritage, Teletrade, Great Collections and DLRC (among others), the field is getting a tad crowded. I have the feeling this list might not be the same in three years.

Most people tend to factor in the Buyer's Premium when considering their bids. So, having aligned themselves a bit more with Heritage on that end, I suspect Teletrade sales prices (for the consignor) are going to drop a bit.
Valued Member
United States
380 Posts
 Posted 01/07/2013  4:22 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
Thank you very much for all the advice guys. I think I'll use Heritage until I see how Teletrade's new format is working for them.
Bedrock of the Community
13014 Posts
 Posted 01/07/2013  5:40 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
If they're popular coins I would probably just slab them myself and sell on ebay. The seller fee on ebay is lower than the buyers fee on most of the other sites
Valued Member
United States
380 Posts
 Posted 01/07/2013  6:03 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
Thanks, I just posted some of the coins I need to sell in a new topic. It may be that I would be better off selling some of them on ebay. But a couple of them would bring good money if graded right.
Bedrock of the Community
13014 Posts
 Posted 01/07/2013  6:44 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
To clarify by slab them myself I meant send them into the TPG (I prefer PCGS personally) to be graded then sell them.
Valued Member
United States
380 Posts
 Posted 01/07/2013  7:04 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
Aw man I just got done scribbling MS 66 on all of them, and putting them in sandwich bags.
Now you tell me. :)
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United States
15531 Posts
 Posted 01/07/2013  7:05 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
Long thread to read .. and I am tired ... so apologize in advance for the short reply ...

Heritage and Teletrade are in the same company family ... marketing to different clients.

The difference is reputation and exposure to big-wallet bidders.

Heritage sells the high dollar coins ... Teletrade sells the coins below $5K.

Both require the coins in TPG slabs ... and will do that for you if your coins are worthy.

David
Take a look at my other hobby ... http://www.jk-dk.art
Valued Member
United States
380 Posts
 Posted 01/07/2013  7:07 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
Thanks basebal21 I will slab them one way or another. And PCGS seems to be the way to go for resale.
Bedrock of the Community
13014 Posts
 Posted 01/07/2013  7:10 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
Aw man I just got done scribbling MS 66 on all of them, and putting them in sandwich bags.
Now you tell me. :)


Lol, youd be surprised what some people will do before listing them on ebay.
Valued Member
United States
380 Posts
 Posted 01/07/2013  7:10 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
Ok thanks nickelsearcher
Pillar of the Community
United States
1298 Posts
 Posted 01/08/2013  08:48 am  Show Profile   Bookmark this reply Add Ham1947 to your friends list
Has anyone considered Stack's Bowers Gallries? Their buyers fees are also 17.5%, but I think their sellers fees are negotiable, but not sure?
Pillar of the Community
United States
2130 Posts
 Posted 01/08/2013  10:38 am  Show Profile   Bookmark this reply Add chris12018 to your friends list
I just hung up from Heritage. Their seller fees are 10% & buyer fees are 17%. I, myself think that is a little high.
Pillar of the Community
United States
7840 Posts
 Posted 01/08/2013  10:52 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list
I picked up a Indian Quarter Eagle last year through Heratige that turned out pretty decent;

1925-D $2 1/2 MS61 NGC
SubTotal: $313.00
Buyer Premium: *$54.78
Service and Handling: **$12.15
Total: $379.93
NGC value: $512.50

http://www.ngccoin.com/certlookup/C...=3248525-021

Heritage-Auction-Questions
Edited by oih82w8
01/08/2013 10:58 am
Valued Member
United States
380 Posts
 Posted 01/08/2013  11:29 am  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
I registered with Heritage last night. After reading through their book of regulations, I came to realize that they are pretty much the same as Teletrades new outline. So I'm back to thinking that no sellers fees look really good. I think I'll give them a shot. No slabbing fee, no sellers fee, hopefully they have buyers.
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