Heritage Auctions - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 8 / Views: 1,686
busthalf Pillar of the Community United States 1304 Posts	Posted 09/26/2010 02:47 am I like to buy from Heritage Auations because I seem to get a larger selection there. I collect slabbed coins and thats all you find there. You have to be careful and be sure to include the buyers premium or you will end up paying to much. Let me know your thoughts on Heritage. I recently purchased a 1874 NGC AU-58 seated liberty for my type set. As soon as I get it I will post it to share. Take a look at My Gallery and tell me what you think of my type set, I'm quite proud of it. Report this Post to the Staff

Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 09/26/2010 03:54 am I have purchased quite a few coins from heritage through out the few years I have collected. I like them for the same reasons you mentioned, they have a good selection and I can usually find what I am looking for and if not sooner or later they will have something I need Report this Post to the Staff
Ham1947 Pillar of the Community United States 1298 Posts	Posted 09/26/2010 10:01 am I agree. Their data base of "prices realized at auction" is a helpful tool. I have bought and sold through Heritage, and found the firm very professional. Report this Post to the Staff
coinguybrian Rest in Peace United States 5375 Posts	Posted 09/26/2010 10:02 am definitely better than teletrade. Report this Post to the Staff
Wornslick Pillar of the Community United States 1304 Posts	Posted 09/26/2010 10:13 am Quote: You have to be careful and be sure to include the buyers premium or you will end up paying to much. So if the greysheet price is 100.00 and the buyers premium is 15.00 do you just bid 85.00? Report this Post to the Staff
KenKat Pillar of the Community United States 4085 Posts	Posted 09/26/2010 12:00 pm Can someone explain a little more how Heritage works? I see items up for Internet/Mail bid, but then they also have live floor auctions. Are you wasting your time bidding by Internet if there's going to be a live auction anyway? What's the best way to bid and win on Heritage? My 7070 US Type Set My 7100 Lincoln Cent Set (now with updates!) Report this Post to the Staff
Wei Fun Valued Member United States 244 Posts	Posted 09/26/2010 12:45 pm @wornslick good luck getting anything for less than greysheet from Heritage. Their niche isn't wholesale, it's desirable high-value coins. @KenKat Best way to bid and win is to bid more than anyone else. Yeah, that sounds like a stupid answer, but if you're looking for a way to game the system, forget it. Unless you're looking for stuff that's really not in demand, any given item will have enough of a following that you're not likely to win for way below what it's worth. As far as bidding when there's also a floor auction, no, it's not pointless, you just have more competition bidding against you (and competition that has a huge advantage on you - they were able to view the coins in person). With all that said, although I've followed a few of their auctions, I've not bid. Most of their stuff is way out of my price range for one, and for two, they're in Texas, which means having to pay sales tax, which would immediately put me at an 8% disadvantage to other bidders. Report this Post to the Staff
valdiman Pillar of the Community United Kingdom 575 Posts	Posted 09/26/2010 1:29 pm Anyone from Europe bought anything from them?I'm concerned with shipping prices.On website I couldn't find clear answer about international S&H.I don't want to end up with courier services costing more then coins.Any experience in this area? Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 09/26/2010 1:53 pm Quote: Can someone explain a little more how Heritage works? heritage has internet only and internet coupled with live auctions and all different kinds of auctions. If its a internet and live auction they will have it on their site for about a month where you can bid on line and then the day before the auction internet bidding closes and the live auction happens. there is also a way you can follow live online and bid through that as well. If you bid on line (before the internet bidding is over) and no one at the live auction beats your internet bid then you win. The live bidders do not know your maximum bid, they just take bids and when there are no more bids the lot ends and then they announce if the buyer live has won or it went to a internet bidder. I know it sounds confusing but its really not. I actually just won another Morgan today that I bid on online and the live auction was today Report this Post to the Staff
	Replies: 8 / Views: 1,686

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.33 seconds to rattle this change.