Heritage Post Auction Bargains

Veep

What is the source for the coins? Are these coins that did not meet the reserve at auction?

ConstellatioCollector

I believe you are right, Veep, the coins did not meet reserve and are then offered at a fixed price. I have purchased a coin from one of "these post auction" offerrings. Just be wary that the price is usually a little higher than grey sheet. I purchased the coin because a friend was in desperate need (want!) for it.

jdimmick

Post auction bargains sometimes have some decent coins in them, however, remember, these are the coins that went through the sig auction with no bidders at the opening level, or that did not meet the cosignor's reserve.

A question you have to ask yourself? Why did the coin not sale in the sale: Is the reserve price to high for the quality of coin it is, or does the coin have problems, or not as nice for the grade as it appears. When this coin went up, there were several folks who would have had the opportunity to buy it, that didnt? why is that ?

jim

merz2

I have to agree with jim on these coins.People looked and didn't buy?

Veep

The same thought passed through my mind. With all of the potential buyers on-site and all of the registered web bidders, these coins did not sell. Hmmm...