Buying from Heritage Live @ Long Beach

FrattLaw

I'm interested in buying a coin from Heritage during the upcoming Long Beach auction. But how do I know when it'll be auctioned off? Is there a way I can tell from the Lot #, as to which day/time it will go off.

I know, do it over the internet, but I really want to be there live. I'm close and I've never bought a coin @ a live auction from the floor before.

Any tips/ideas?

Thanks
Michael

tradedollarnut

In some catalogs, they estimate the number of lots per hour. There's a start time for the session and you can estimate when the coin will go off by using the lot number vs the starting lot number and the speed at which they auction the lots.

paigowjohnny

You might call or e-mail Heritage...if you have the lot number you can at least know what block of time it'll be included in.

If it's anything like the auction they did at the FUN show, it went FAST !!! I watched "live" on the internet for a while, and each lot was up for only a few seconds...and very few internet bidders won the key lots.

Are you going to Anaheim this weekend ??

FrattLaw

Well I think I answered my own question

Here's what Heritage has posted on it's site:

Floor Sessions (Internet bidding closes at 10pm CT the evening before the session begins)
Session 1 (Lots 5001-5844) - 1:00 PM, February 27, 2003.
Session 2 (Lots 5845-6928) - 7:00 PM, February 27, 2003.
Session 3 (Lots 6929-7679) - 1:00 PM, February 28, 2003.
Session 4 (Lots 7680-8711) - 7:00 PM, February 28, 2003.
Session 5 (Lots 8712-9306) - 9:00 AM, March 1, 2003.

Are these starting or ending times?

Johnny -- yeah, I'm going, will be there about 11am, are you?

Michael

paigowjohnny

<< <i>Johnny -- yeah, I'm going, will be there about 11am, are you? >>



Thinking about it...90 min drive up from San Diego, but I do have some holes I want to fill.

If I do, I'll wear my San Diego Gulls obnoxiously orange floppy hat.

By the way, I believe they're start times.

IrishMike

Michael, I am sure you know this but obviously the coins well be available for preview. Anyone thinking of bidding live should preview the coins. Sometimes the obvious isn't always so obvious.

Yes those would be the starting times.

FrattLaw

Oh, I'm definitely looking at this coin first, but I think it'll fit nicely in my set. Thanks for the help everyone! Ah, only 21 days til Long Beach!

Michael

gsaguy

Since Heritage auctions usually run during the show, I've often wondered why they don't have a large electronic sign over their booth showing the lot numbers as they come up. I'm talking about a sign large enough that one could see it from across the bourse floor.

It would allow dealers/collectors to spend less time walking back and forth to the auction room or possibly missing the auction all together.....or sitting there through 100 lots of which you've got no interest.

GSAGUY

Bear

I would buy live at the auction, but Mrs Bear tells me that in actuality , I have been

dead for years. Seriously, I tend to bid too much at a live auction, I guess I get carried away with the

excitement and the desire to win at almost any cost. It also seems to raise my blood pressure.

Sooooooooooooo I but from a group of reliable and trusted dealers and get to lesurely inspect

the coins in the comfort of home before they go into the banks black hole of Calcutta. Bear

TONEDDOLLARS

GSAGUY,

There are no lots of interesrt for you in that sale. So stay away

gemtone65

"Is that the starting or ending times (of the auction)?" FratLaw, when the judge schedules a trial for 2:00 p.m., do you ask the same question?

FrattLaw

Geezz, rough crowd. Just a little anal since I don't want to miss this coin. And by the way, Judges wait for me.

Michael

RKKay

Michael, I guarantee you won't miss the coin. You seem as obsessive as I am. What will happen is, you will anticipate 300 lots per hour, just to be safe. You'll go to the auction room and see they are still 800 lots from yours. You will leave and return two hours later, and they'll be 500 lots away... and so on.

In all seriousness, you just have to keep checking. It varies from sale to sale. Rick

greghansen

The times listed in the catalogs are starting times. They usually get started pretty close to one time. They'll move through about 200 lots per hour so if your coin is towards the end of the session, you can use that as a ROUGH guide. In Orlando, they periodically made announcements over the PA system on the bourse floor as to which lot the auctionwas currently on. The idea for a large electronic sign board with the current lot number above the Heritage booth during the auction is just about the BEST DAMN IDEA I"VE HEARD. I know it drove me crazy having to run back and forth from the bourse floor to the auction room to check on their status, or to try to keep my ear peeled to the announcements. An electronic score board would be a GREAT IDEA.

MadMarty

<< <i>but Mrs Bear tells me that in actuality , I have been dead for years >>



Bear, they have a little blue pill that will take care of that problem...