I guess Heritage is hurting for consignment material?

Russ

They're offering to pay the seller a premium.



<< <i>From: Bob Marino <bmarino@heritagecoin.com>
To: sales@compucheap.com
Subject: Consign Now & Earn 105% of Hammer Price
Reply-To: Bob Marino <bmarino@heritagecoin.com>
Date: 29 Aug 2002 17:02:47 -0500

Dear Russ Stringham,

There has never been a better time to sell your coins. The market has been
very strong for all coins except for the most expensive, and our
Exclusively Internet auctions have been a tremendous success. Our
Exclusively Internet Auctions have broken records for internet auctions
selling over 8 million dollars in the last 12 months to thousands of
successful bidders, with a typical Seller's Premium of 5% and a Buyer's
premium of 15%.

For September only, we are offering a select few customers the opportunity
to earn 105% of the hammer price on certified coins (PCGS, NGC and ANACS)
consigned to our Exclusively Internet Auctions. But with this offer, we are
going to shatter the old records, and you are the prime beneficiary.
Instead of the standard 5% Seller's Premium, and instead of a great offer
such as a 0% Seller's Premium, we are actually going to pay you an
additional 5% OVER the hammer price. For example, if a lot sells for $300
you get $315.

Follow the link below and print out the coupon in order to receive this
special offer on Exclusively Internet Auctions starting 9/3, 9/10, 9/17,
and 9/23. All consignments must be in house by 9/15 and accompanied by the
coupon to qualify. >>



Interesting...

Russ, NCNE

Placid

Next they will be bidding on eBay and teletrade

MadMarty

Sell, Russ, Sell Before the floor in your house gives out due to the weight of all those Cameo Kennedy's

Russ

No problem with that, Marty. I poured a concrete slab to put the safe on.

Russ, NCNE

toothpuller

Hey Russ you stole my thread. I went to post and you were first as usual. It seems to me that there are not that many good coins for sale right now and the offer from Heritage confirms it.

MadMarty

<< <i>I poured a concrete slab to put the safe on. >>



I just store mine in the car!!!

BNE

If Russ continues at the pace he's going, Heritage is going to have to plead extra-hard with us to consign our 1964 coinage. I think Russ, like the Bass brothers, is looking to "corner the market" in coinage from that year.

gmarguli

They need fresh coins in their EI auctions. They can only recycle dog coins from their inventory for so long before no one wants to look/bid.

lathmach

<< <i>

<< <i>I poured a concrete slab to put the safe on. >>



I just store mine in the car!!! >>




Where at in the car? The ashtray?

Ray

MadMarty

It goes back to a thread from a few days ago, I left a couple of slabs in a hot car for a week and the rings split and the slabs expanded!!!

shirohniichan

Dang, I deleted some e-mails from Heritage without reading them!

What's the coupon code?

Russ

Shiro,

You have to go to the link to get the code. I didn't bother because I won't be consigning anything.

Here is the link.

I don't know, though, if the links provided are coded for individual customers.

Russ, NCNE

coynclecter

So they still get 10%. They don't have to create a catalog nor pay security to haul them to a show. No people paid to show them at the booth. Still a great deal for them. BUT, At least it's a step in the right direction though.
One interesting point. They could have made the same net to the seller by dropping both 5%. they just don't want the buers to taste a 10% buyers fee. They might learn to like it.

Keyrock

Gee, and I thought I was the only one (one of the select few that is) LOL. I actually received several calls from them a month ago, they must be getting hard up.....

Rich

beartracks42

I got the same message from Heritage and did the same thing that Shiro did...had to pull it up from my deleted mail to read it.

Gary

Dave99B

Bob Marino had left a message on my home answering machine yesterday, looking for material. I didn't call him back, since I'm more of a buyer these days.

Heritage must be hurting for inventory. Looking at their website listings, I can see why. Dull.

Dave

jamesfsm

I'd have to agree- dullsville, USA.

Even the stuff in the pre Long Beach sale looks sterile and uninteresting.

jtryka

Yeah they are desperate, but unless I had some serious rarity it wouldn't pay. You know most of us going to buy a common coin on a Heritage auction automatically deduct the 15% BP from our bids anyway, so even if they offer you 5% over what amounts to at least 15% below current market, it still puts you behind as a seller. Now, if you had a stellar set of proof Barbers that are really one of a kind coins, then it might be a great deal. But if you want to sell some lower grade/common dupes (which is the only thing I'm selling right now), then you would likely do better on eBay.

dorkkarl

i get similar msg's from them all the time. it doesn;t make any sense though. they've actually contacted me and asked if i wanted to resell coins i bought from them just a couple of months earlier. why would i want to do that??? it's almost as if they don't realize that collectors just might be interested in, oh, i don't know, keeping coins for a while???

anyone else have them do that? call and ask if you want to consign coins you just bought?

K S

jtryka

I've never had them do that, but I remember a few coins I bought a year or so ago came with a coupon for free sellers' fees if I ever decided to consign that particular coin.