ANR--Top notch auctions, now getting into photography, but what can be done to bolster its Retail Bu
Longacre
Posts: 16,717 ✭✭✭
I am a big fan of ANR. There are also others on these boards who will agree that ANR's auctions and catalogs are second to none, and the sales get great results for the consignors. They always seem to have several "hook" coins in their auctions, too (I am not sure where all of these great consignments come from). There was also a thread yesterday about how ANR is now getting into the coin photography business. I think this is a great move because their pictures are excellent.
Honestly, what I see lagging with ANR is their retail coin business. I am not an insider, so I have no visibility to their financials, and I am not sure if my view of things is accurate. I can only speak from my own experience. I sometimes forget to check out ANR's retail coin inventory for coins for my collection. I visit their website every day (several times a day, actually), and I always read the new edition of Dave's Notes, their Coin News section, view their auctions online, etc. I even venture into the retail section of the website, but I always click on the books section to see what new books they have. I almost never click on their coin inventory for some reason.
Therefore, what do you think ANR can do, if anything, to bolster its retail coin business? Again, maybe I am totally off the mark and they do a booming business in retail sales, but if the boards are any indication, I hardly ever see anyone post a picture of a coin that they bought from the ANR website (although there are several people who post auction wins). What do you think about this, or do you think that ANR views itself primarily as an auction company, and is almost forced to keep a retail inventory, because that it what people might expect them to do?
Honestly, what I see lagging with ANR is their retail coin business. I am not an insider, so I have no visibility to their financials, and I am not sure if my view of things is accurate. I can only speak from my own experience. I sometimes forget to check out ANR's retail coin inventory for coins for my collection. I visit their website every day (several times a day, actually), and I always read the new edition of Dave's Notes, their Coin News section, view their auctions online, etc. I even venture into the retail section of the website, but I always click on the books section to see what new books they have. I almost never click on their coin inventory for some reason.
Therefore, what do you think ANR can do, if anything, to bolster its retail coin business? Again, maybe I am totally off the mark and they do a booming business in retail sales, but if the boards are any indication, I hardly ever see anyone post a picture of a coin that they bought from the ANR website (although there are several people who post auction wins). What do you think about this, or do you think that ANR views itself primarily as an auction company, and is almost forced to keep a retail inventory, because that it what people might expect them to do?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
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Comments
Worry is the interest you pay on a debt you may not owe.
<< <i>ANR's coins are priced at high retail levels. I almost think they are catering their retail business to wealthy buyers who don't have time to comparison shop. >>
<< <i>ANR's coins are priced at high retail levels. I almost think they are catering their retail business to wealthy buyers who don't have time to comparison shop. >>
ANR has always been very willing to work with me on any and all issues.