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Replies: 11 / Views: 1,983 |
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Moderator
 United States
23522 Posts |
Tonight, for the 4th time running, Heritage refused to accept my bid for a coin offered on an Internet-only auction. I've had my fill. I will no longer recommend them as a place to purchase coins.
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Pillar of the Community
United States
1534 Posts |
Very strange, do you know or suspect the reason why? I'm a member but only for access to the Archive to look up prices realized, grades, etc.
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Bedrock of the Community
Australia
21788 Posts |
I'd like some more info. Why did they refuse you?
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Pillar of the Community
United Kingdom
575 Posts |
I'm also interested.Ive never bid on Heritage but I was thinking of it.Did they give any explanation?
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Pillar of the Community
United States
2600 Posts |
 Dave, have you inquired why? Jim
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Pillar of the Community
555 Posts |
To not give you prior notice sucks.
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Moderator
  United States
23522 Posts |
I freely admit, I attempted a snipe. Knowing my past experiences, I placed the bid with 20 seconds left rather than the 3-5 seconds I usually do at ebay. Mind you, I do this a *lot* - I can reliably count seconds in my own mind, and I'm quite sure there was time left on the countdown. I entered an amount in dollars and cents. It immediately messaged me, wanting an even-dollar amount. I'm quick on the keyboard - I changed my bid and re-entered it with (according to my mental count) about 10 seconds left. I got a "Time has expired for Internet bids" message, on an Internet-only auction, the same as I have every time I've placed a bid with under a minute left. As a result, some lucky soul out there got a 1921 NGC MS-65 Morgan, the Condition Census example of a prominent VAM, for $104. The consigner took one straight in the pants that time.
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Pillar of the Community
United States
2120 Posts |
I'd be pretty mad also. I used to try sniping but I find I'm better off just bidding what I'm willing to pay.
I know that isn't much of a consolation.
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Pillar of the Community
 United States
5953 Posts |
Not to hijack the thread but Teletrade is the opposite. the Auction finishes at 22:00 but you have until 22:00:59 to continue placing bids it took me a long time to figure out why I was loosing lots after the auction had apparently closed. I don't bid on Heritage though I would like too. I just don't feel its fair that I have to pay sales tax and an out of state bidder does not.
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Pillar of the Community
555 Posts |
Quote:I freely admit, I attempted a snipe. Knowing my past experiences, I placed the bid with 20 seconds left rather than the 3-5 seconds I usually do at ebay. Mind you, I do this a *lot* - I can reliably count seconds in my own mind, and I'm quite sure there was time left on the countdown. To be shut out with 10 seconds left is just plain wrong.
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Pillar of the Community
United States
1882 Posts |
Quote: I just don't feel its fair that I have to pay sales tax and an out of state bidder does not. If you lived in California, you'd have to pay sales tax on Teletrade and Heritage purchases...they both have locations there. Don't you purchase coins for resale? You can send a resale certificate to Heritage.
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Pillar of the Community
 United States
5953 Posts |
Don't you purchase coins for resale?
No I purchase for me most of the time. I am hardly a professional coin dealer. At least not one that makes any money....
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Replies: 11 / Views: 1,983 |
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