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Heritage Auction Questions

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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  3:23 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
Thanks SsuperDdave for the link. I not a good site navigator that is apparent. What do you think Ddave am I better off sending my coins to Heritage with fees or teletrade with no fees?
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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  3:27 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
Thank you SsuperDdave for the link. I'm not a good site navigator apparently. What do you think Ddave would I be better off sending to Heritage with fees or teletrade no fees?
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 01/07/2013  3:29 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
I used to buy from them time to time but will not be doing so since the increase in buyers price and, most likely, their elimination of lower - midrange coins. Just food for thought...
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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  3:30 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
Sorry kids had me distracted and I posted that thought twice.
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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  3:34 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
CoinsKelly
That is what is bothering me about it. With the buyer paying so much I can't see a whole lot of people wanting to buy there. It helps to know that this is a recent change. I think I will be forced to wait and see if their auctions produce.
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oih82w8's Avatar
United States
7840 Posts
 Posted 01/07/2013  3:48 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I take into consideration the "buyers fees" and shipping (value - (fees + shipping) = bid), if it goges higher than that it's all on the them.
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Sweden
729 Posts
 Posted 01/07/2013  4:01 pm  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
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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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/07/2013  4:02 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
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.
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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  4:22 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
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.
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basebal21's Avatar
13014 Posts
 Posted 01/07/2013  5:40 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
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
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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  6:03 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
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.
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basebal21's Avatar
13014 Posts
 Posted 01/07/2013  6:44 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
To clarify by slab them myself I meant send them into the TPG (I prefer PCGS personally) to be graded then sell them.
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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  7:04 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
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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nickelsearcher's Avatar
United States
15469 Posts
 Posted 01/07/2013  7:05 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
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
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Arcticsparky's Avatar
United States
380 Posts
 Posted 01/07/2013  7:07 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list Get a Link to this Reply
Thanks basebal21 I will slab them one way or another. And PCGS seems to be the way to go for resale.
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