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Replies: 13 / Views: 1,834 |
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New Member
United States
24 Posts |
I've signed up at Great Collections (and won my first few auctions last Sunday). Any other auction sites I should be looking at as I ease back into collecting? I steered away from Heritage due to the high buyer fees. Is David Lawrence site another good one? I know many like ebay, but for now I'll probably avoid until I'm more comfortable that I have the knowledge to avoid fakes, etc. Edited by Cheyenne 06/12/2018 5:58 pm
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Pillar of the Community
United States
2023 Posts |
David Lawrence has done well for me in the past but they haven't had many attractive pieces lately and their prices tend to be on the high side (but then, fees are built in so it could be deceiving). Personally, I like GC. The other sites I've looked at are either pricey, infrequent, or both. There is always ebay and if you buy certified coins you're less likely to run into fakes wherever you shop.
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Rest in Peace
10197 Posts |
Apparently it sounds you are into the Big Boy coins. Personally way over my allowables and interest. I prefer smaller auctions with less quality or lower graded slabs. Now I have picked up MS68's and PF67's for really good deals on http://www.proxibid.com. Just have to really watch the BP's (15-20%) and sometimes shipping(read the terms on each house). But for most all my collections I've done very well and actually have two local auction firms with at least a once a year coin auction where local pickup reduces the BP to 10%, a nice advantage against the online bidders! Some purchases actually turn into pretty good flips on the alternative to ebay site.
Edited by Crazyb0 06/12/2018 6:16 pm
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Pillar of the Community
United States
827 Posts |
The two I buy from are Great collections and David Lawrence. As mentioned previously David Lawrence is a little higher priced but you don't have to pay buyers fees.
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Rest in Peace
United States
17900 Posts |
The percentage of buyers fees charged makes NO DIFFERENCE - none - zero - zilch, over the final amount paid on a lot. Anyone doing auctions with any consistently cannot afford to NOT take those fees into account - but what you want to pay is the key - not the percentages. Heritage sells more great TPG for the average $100-$3000 price range than anyone. Bar none. If you want to pay $100 for a Coin sold with a 20% BP, divide the $100 by 1.2 for the amount you want to limit your bid to. Same for every other percentage. The percentage the auction house charges has almost nothing to do with the final amount paid.
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Bedrock of the Community
13014 Posts |
Quote:Heritage sells more great TPG for the average $100-$3000 price range than anyone. Bar none. I'd up that number in all honesty. 300 and under ebay is king by far.
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Rest in Peace
United States
17900 Posts |
I would agree with you baseball, if they had any auctions 
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Valued Member
Canada
206 Posts |
Quote: if they had any auctions 
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Moderator
 United States
188404 Posts |
Never used an ebay auction. All of my purchases have been Buy It Now. 
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Bedrock of the Community
United States
20753 Posts |
Never tried an auction. Way too many coin shows in my area.
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CCF Advertiser
United States
1533 Posts |
Heritage is my main auction house, though I use ebay to buy smaller items. I find that GC has a lot of coins with high reserves that do not sell and Stacks has a website that is hard to navigate. I really like Gary Adkins and followed him to DLRC, whom I do not like. I told him the problems with the DLRC website and the fact that there are almost never lower priced items and their auction and BIN stock are intermixed, but I have not seen changes. Also, their auctions are a sham. They are auctioning off their own stock and if it goes too low, they will shill it up themselves. I say away from those type of "auctions".
Edited by Andrew99 06/13/2018 09:22 am
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Moderator
 United States
188404 Posts |
Quote: Way too many coin shows in my area. Lucky! 
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New Member
 United States
24 Posts |
Thanks for all the replies, much appreciated!
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Bedrock of the Community
13014 Posts |
Quote: . I told him the problems with the DLRC website and the fact that there are almost never lower priced items and their auction and BIN stock are intermixed, but I have not seen changes. Also, their auctions are a sham. They are auctioning off their own stock and if it goes too low, they will shill it up themselves. I say away from those type of "auctions" As far as who owns what in DLRC auctions that's really not accurate. Many of those coins are consigned but yes they do own some, key word some. What makes no sense to me is you're blasting DLRC for doing the same thing your main source Hertiage does. Heritage sells their own stock and heritage reserves the right to bid on anything they're selling they want to bid on but you stay away from DLRC for doing the same
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Replies: 13 / Views: 1,834 |
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