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Heritage Auction Questions

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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  11:29 am Show Profile   Bookmark this topic Add Arcticsparky to your friends list Get a Link to this Message Number of Subscribers
Can anyone give me some advice on selling some of my better coins? Are the fees at heritage very high? Can someone give me a rough gauge of what they would take from a sale?
I have some nice coins that aren't slabbed. Should I slab all higher end coins for resale? For example, I have a nice vg 1895 o that may get better money without a slab. I showed it here and felt a little resistance when I suggested that I was going to send it to a TPG.
Valued Member
morgandude's Avatar
United States
380 Posts
 Posted 01/07/2013  11:31 am  Show Profile   Bookmark this reply Add morgandude to your friends list Get a Link to this Reply
you could send it to tele-trade, they will slab for free. or great collections, they seen to be reasonable on fees, but you have to pay for slabbing.
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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  11:54 am  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
I haven't even heard of tele-trade, or great collections. Thanks I will check them out.
Pillar of the Community
Sweden
729 Posts
 Posted 01/07/2013  12:11 pm  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
Regarding Heritage:

I sent in my 1916-D dime in raw. They took care of everything regarding the slabbing. One bad thing was that I didn't get to choose TPG. But they were great with the paper work, everything signed online, so no papers get lost or gets delayed.

They do charge for the grading though, I think it cost me $38, but that was probably an express grade since we were rnning out of time to get it into the FUN.

Over all, I've had a pleasant experience with them so far....Ask me again Thursday night after my coin is sold.

The seller's fee is 10%.

Oh, one more thing, not sure if it's standard in the business, but I think waiting 3 months from sending the coin in until I get the money in my hand sounds a bit long to me.
Edited by epikur
01/07/2013 12:13 pm
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 01/07/2013  12:20 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
epikur, would you mind posting the link? :)
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Sweden
729 Posts
 Posted 01/07/2013  12:25 pm  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
http://coins.ha.com/c/item.zx?saleN...tIdNo=376001

getting more excited for every day now...champagne or PBR on thursday night, that is the question...
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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  12:42 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
What do you guys think of tele-trade? I registered on their site and it looks pretty inviting.
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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  12:44 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
It looks like they only charge a postage and handling fee to the seller, and that's it. They will slab it for free if it sells for more than 250 and about 10-15 bucks if sells for less.
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muddler's Avatar
United States
7191 Posts
 Posted 01/07/2013  1:14 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Wow, heck of a 1916 D dime there epikur!
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oih82w8's Avatar
United States
7840 Posts
 Posted 01/07/2013  1:19 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
PBR...Peanut Butter on Rye?
Pillar of the Community
Sweden
729 Posts
 Posted 01/07/2013  1:31 pm  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
Pabst Blue Ribbon...

went to College in the States, and when funds were low, that was the beer of choice
Valued Member
Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  1:46 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
I looked a little more and the postage after sale is paid by the buyer also at teletrade.
Has anyone here sold with them?
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oih82w8's Avatar
United States
7840 Posts
 Posted 01/07/2013  2:00 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Ok epikur, I don't drink beer so I now see the comparison between champagne and PBR.
Edited by oih82w8
01/07/2013 2:00 pm
Valued Member
Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  3:13 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
Is tele-trade a taboo here? Nobody seems to want to say anything. I'm looking for the advice of all the experts here. Would I be better off sending my coins to Heritage?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/07/2013  3:15 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Is tele-trade a taboo here? Nobody seems to want to say anything


https://goccf.com/t/138092
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chesterb's Avatar
United States
1261 Posts
 Posted 01/07/2013  3:17 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply
I have not sold with Teletrade...yet. I've purchased from them though. I've been buying from them for around 15 years so they've been around for awhile.

Starting 1/1/13 they changed the way they handle their auction. They used to have 3/week with bidding for each auction being limited to about 10 hours that day. Now they have 1/week with bidding lasting all week. They also used to charge a sellers fee (can't recall the rate but I think it was around 10%.) Now there is no sellers fee but they increased the buyers fee. Since they reduced the sellers fee to 0 I have been thinking about giving it a try and seeing how it goes.
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