Post your NY wins here! ( P.S. I thought I won but NO!!!!!!!!!!!!! )

cosmicdebris · January 12, 2004 8:52AM

LINKY-POO

oldshep · January 12, 2004 8:55AM

Great job Bill !!!!!!

Shep

laurentyvan · January 12, 2004 8:57AM

Can't wait to see them well imaged.

GDJMSP · January 12, 2004 12:51PM

Hmmmm - interesting. I know I won - but that sure aint the price that showing on ebay

link

toyonakataro · January 12, 2004 1:22PM

1 2 3

SYRACUSIAN · January 12, 2004 2:00PM

Nice coins ! The Maundy set must have a very nice toning and the ducat is among my all time favourites. I'll wait for Bill's pics for the Goetz pair.

shirohniichan · January 12, 2004 2:10PM

1858 Province of Canada 10 cent piece

Taro-- cool Maundy coins! You like little silver coins, eh?

toyonakataro · January 12, 2004 3:32PM

Yes, I like little coins, but honestly, I didn't expect to win that much. I only needed one set and I could have spent the rest of my money on light side stuff

Nice Canadian coin, Shiroh -chan

I'm still looking for Canadian quarter/dime from 60's for myself....

toyonakataro · January 12, 2004 3:33PM

By the way, care to translate your article in Japanese language?

cosmicdebris · January 12, 2004 6:18PM

Now I don't know if I won or not. Same coin at Heritage

wybrit · January 12, 2004 8:19PM

Now I don't know if I won or not. Same coin at Heritage

Isn't that the buyer's premium they tacked on?

wybrit · January 12, 2004 8:22PM

Only one of the pictures is correct (the groat). The other pictures were scattered in other listings.

Link

theboz11 · January 12, 2004 8:57PM

Nice coins Guys

spinaker2000 · January 12, 2004 9:15PM

Here's mine.

cosmicdebris · January 12, 2004 9:28PM

Nice one Terry. Does your eBay say you won it or not?

cosmicdebris · January 13, 2004 12:55AM

Or did you bid at Heritage

spinaker2000 · January 13, 2004 2:16AM

I bid at Heritage Bill.

cosmicdebris · January 13, 2004 3:21AM

I did not win

Floor bidder got it for my MAX bid. I told Heritage I am never wasting my time again on one of their on-line auctions if this is how absentee bidders are treated. They offered me a coupon and I said no thanks.

laurentyvan · January 13, 2004 3:33AM

That blows!

Why do internet bidders take a back seat to floor bidders when there is a tie? Is this normal in all auctions which also have on-line bidding?

cosmicdebris · January 13, 2004 4:45AM

I was told by the lady from Heritage floor bidders get preference because they spend money for airfare and accommodations to be there live. I told her to tell them to save the money and bid on-line.

MacCrimmon · January 13, 2004 4:48AM

eBay LIVE is a disaster!!

cosmicdebris · January 13, 2004 4:59AM

Let's let Heritage know how we all feel. They have people that freaquent the boards all the time. VOTE HERE.

wybrit · January 13, 2004 10:44AM

Cosmic, I just learned about this and was quite surprised. I am sorry you did not get the win.

From the Heritage website Bidding Guidelines:

7. Because bids come in via phone, Email, FAX, regular mail, etc., a tie for the high bid is possible. In the event of a tie for the high bid, the internet bidder wins by default.

This rule must only apply to those who place their bids through the Heritage website, not thorough the ebay live auction feature.

GDJMSP · January 13, 2004 11:15AM

Cosmic - a question if I may.

Did you place your bid during the Live portion of the auction or as an absentee bid ? The reason I ask is this - Heritage has the bidders on their site win by default in the vent of a tie because their bids were placed first - before any live bids. Therefore they are the winner. I am just wondering if the same were not true in an ebay auction. However - if your bid was live and there was a tie - then perhaps the tie-breaker goes to the floor bidders.

If you did place an absentee bid - I think I'd call Heriatage again and ask to speak to the boss.

shirohniichan · January 13, 2004 11:26AM

I always thought the first bid gets priority, also. If someone bids after you and matches your high bid, he still has the chance to bid higher if he wants to win the lot. If he decides not to bid again, the prior high bid wins. That just seems like common sense.

wybrit · January 13, 2004 11:49AM

From the ebay live auction Q&A:

Q: In case of ties, who wins?
A: If two or more Internet bidders place absentee bids for exactly the same amount, the earlier Internet absentee bid will be communicated to the auctioneer. It is the discretion of the auctioneer that determines if the Internet absentee bid is accepted. If there is a tie between a floor bid and Internet bid, absentee or live, the auctioneer decides the winner.

Askari · January 13, 2004 12:42PM

Lousy rule, IMHO. I've declined to bid in Heritage auctions since I got a consignment flier bragging about how internet bidders were meat to leverage the prices before the floor bidding started. You was royally robbed, Bill.

MacCrimmon · January 13, 2004 1:29PM

Frankly, IMHO, the auction companies consider any non-traditional bids as "meat". I've been on the floor of several auctions by different companies offering eBay LIVE, and they seem to accept the bids with laughing derision. They have been very non-chalant, and the "floor action" definitely considers the internet bidding a nuisance......Gentlemen, I submit elitism at it's finest (or worst, as the case may be).

I really would suggest having either a trusted dealer or forum member who may be in attendence at an auction submit bids on your behalf with a preferred "top" bid, and just a bit of discretion in case of double recognition of bid levels on the floor, or the internet. That's my 2 rappen.

SYRACUSIAN · January 13, 2004 3:42PM

I agree 100% with Mac and I'm very sorry to hear about it Bill.

cosmicdebris · January 13, 2004 6:14PM

I placed an absentee bid about 8 hours before the auction started. And Yes I went higher up the ladder. All the way to Jim Halperin.

JR · January 13, 2004 6:44PM

I voted Bill. I think you got a raw deal, and I have heard stories like this before about Heritage (and other) auctions with Internet and live floor bidding.

The highest bid should win, and in the cases of tied bids, the earliest placed bid should win. The live floor bidder could/should have an opportunity to exceed your tied bid, but they should not win such a tie outright - period. If the floor bidder cares to bid the next bid increment up to break the tie, then the floor bidder wins. THAT (besides being able to view the coins in person) would be the only advantage the floor bidder should be entitled to IMO.

Jim

PS: I stopped bidding on Heritage Online Auctions approximately 2 years ago because of similar situations as yours. I buy elsewhere now, but if Heritage would level the field for ALL bidders, then I would reconsider their auctions.

shirohniichan · January 14, 2004 1:31AM

What are the best lots you bid on that "got away"?

I was $3.10 shy of top bid for lot #15448 in the New York sale. What I really wanted was the 1913 British West Africa 2 shillings in MS-64, though I also wanted the 1928 Cyprus 45 piastres (also in MS-64) included in the lot. The other coins were nice, but I would have resold most of them. Now that I think about it, I should have bid about $20 more. Why knows-- maybe the bidder on the floor would still have outbid me. I'd sure like to have been able to see the coins before I bid, thoough.

SYRACUSIAN · January 14, 2004 3:25AM

Shiroh, that's one lucky winner. The Cyprus crown in MS64 is easily worth $300, trust me on that.

edited to add details of the lot:British Commonwealth lot as follows:
Australia crown 1937, KM34, MS63 PCGS;
British Honduras 1 cent 1885, KM6, MS63 Red and Brown PCGS;
British West Africa 2 shilling 1913, KM13, MS64 PCGS;

Cyprus 45 Piastres 1928, KM19, MS64 PCGS;

Essequibo & Demerary Stiver 1813, KM10, AU50 PCGS;
India-Bombay Presidency 1/2 Pice 1794, KM192, Proof 65 Red and Brown PCGS;
and a Jersey 1/12 shilling 1888, KM8, MS63 Red and Brown PCGS.
From the Craig Haller Collection. Est. 375-425

Realized $391.00

spinaker2000 · January 14, 2004 10:07AM

Sorry you did not win Bill, but, I just got my invoice!!

GDJMSP · January 14, 2004 11:58AM

cosmic -

I have to agree with everybody else - I think it sucks.

python · January 15, 2004 6:25AM

Cosmic, sorry to hear. Hope you can find them somewhere else.

farthing · January 15, 2004 9:12AM

You was hosed!

Post your NY wins here! ( P.S. I thought I won but NO!!!!!!!!!!!!! )

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