Safe to BID maximum @ Heritage Sales?

marcmoish

Anyone know if a bidder puts X amount as MAXIMUM on auction lots (Signature for example), will Heritage bid it up to Maximum or will they honestly sell for next notch up etc.
Comments appreciated.


Marc

davewang202

I won a coin for $185 that I had placed a max bid of $400. Seems clean.

jom

Heritage: Yes
Certain other auction houses: No!

jom

mrdq

<< <i>I won a coin for $185 that I had placed a max bid of $400. Seems clean. >>



NICE buy it sounds like. What was it?

RYK

Safe to BID maximum @ Heritage Sales?

As long as you do not mind getting stuck with the coin!

coinguy1

We and numerous other dealers I know, submit bids without any concerns or problems in that regard.

marcmoish

thanks for the comments all - much appreciated - although I have never had that "problem" with Heritage per se - it was a passing concern in mind, an episode that is now put to rest





Marc

davewang202

<< <i>

<< <i>I won a coin for $185 that I had placed a max bid of $400. Seems clean. >>



NICE buy it sounds like. What was it? >>



It was a VAM variety not attributed on the PCGS holder (because PCGS doesn't do VAM's), but someone else recognized it, and I ended up fighting the mystery bidder for the coin. I won.