Heritage Auction Vs Ebay - Coin Community Forum

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Author	Replies: 7 / Views: 2,617
quarinteen New Member United States 43 Posts	Posted 10/19/2018 12:46 pm I was wondering if anyone knew or can take a guess as to why some coins ( I am speaking of modern mostly) Sell for huge money on heritage and the exact same coin and grade from the same grading company will sell on ebay for fractions. For example 1965 Kennedy half with Cameo graded PCGS sp67 sells for 5k on Heritage and on ebay it sells for 150.00? Doesn't make sense to me? Well thank you for taking the time to ponder this with me. * Moved by Staff to a more appropriate forum. * Report this Post to the Staff

Alpha2814 Pillar of the Community United States 2023 Posts	Posted 10/19/2018 1:09 pm Do you have links for those coins at those prices? Just to make sure we're looking at the same coin/grade -- I couldn't find the Heritage example from a quick search though I don't doubt the ebay price. Report this Post to the Staff
Mark1959 Pillar of the Community 7234 Posts	Posted 10/19/2018 1:41 pm I noticed that. I see raw common date UNC Morgans that go for around $50/60 on ebay go for hundreds on Heritage PLUS the buyers premium. I don't get it either. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 10/19/2018 1:58 pm Simple. If a coin is sold by a large, I need the money place, it will cost more. Sort of like when you buy something at Walmart or Macy's. Coins being sold at any place that needs money will have to charge more to make that money. Report this Post to the Staff
quarinteen New Member United States 43 Posts	Posted 10/19/2018 4:07 pm Here is an example 65 sms graded ms66 sold at 78.99 https://www.ebay.com/itm/132799201596 Here is ms66 sold at almost 2000 https://coins.ha.com/itm/kennedy-ha...bnail-071515 Report this Post to the Staff
Finn235 Pillar of the Community United States 6130 Posts	Posted 10/19/2018 4:21 pm To an extent, people are paying for the lifetime guarantee that all respectable auction houses offer. Now why people on Heritage etc sometimes pay multiple times the ebay price... maybe it has to do with the number of people who go on looking for stuff to blow a couple grand on? Conversely, I have noticed some types of coins can actually sell for a lot more on ebay than at an auction house. Report this Post to the Staff
Alpha2814 Pillar of the Community United States 2023 Posts	Posted 10/19/2018 4:25 pm Besides other potential differences, the ebay example is NGC and merely "cameo" while the Heritage one is PCGS "deep cameo". I believe NGC would use "ultra cameo" where PCGS uses "deep", and this generally carries a premium over just "cameo". Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 10/19/2018 5:16 pm Quote: Here is an example 65 sms graded ms66 sold at 78.99 https://www.ebay.com/itm/132799201596 Here is ms66 sold at almost 2000 https://coins.ha.com/itm/kennedy-ha...bnail-071515 As mentioned the PCGS one is DCAM which carries a premium over CAM. PCGS also generally carries a premium over NGC and it can be especially true for moderns. As for your initial question there is a lot that could be going into it such as when they were sold, what the populations at the time were ect. ebay can also be a price race to the bottom sometimes on things when several are listed and people are trying to get theirs sold. Report this Post to the Staff
	Replies: 7 / Views: 2,617

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