Do you snipe Heritage Internet auctions?

Barry

Are there many snipers on Hertiage's Internet auctions? Is that the best way to go, as is the case with Ebay? Or, are Heritage's servers too flaky to risk last minute bids?

cosmicdebris

I usually bid in the last hour. None of that last 7 seconds stuff like on eBay at Heritage.

CalGold

What's the point? Its almost entirely stuff from their inventory that you could have bought off their website the week before without the risk of over bidding. Those coins have retail price reserves so you are better off bidding what the coin is worth and not caring if you're bid is run up or you are out bid by a sniper because they are not going to sell it off for under retail.

CG

ziggy29

<< <i>What's the point? Its almost entirely stuff from their inventory that you could have bought off their website the week before without the risk of over bidding. Those coins have retail price reserves so you are better off bidding what the coin is worth and not caring if you're bid is run up or you are out bid by a sniper because they are not going to sell it off for under retail. >>

Personally, I've found eBay to be the only venue worth sniping. Other than that, leave your best bid and walk away until the auction is over.

BAJJERFAN

Smoetimes I will try sniping for an exceptionally nice piece. Not sure if it ever really works tho.

Cratylus

I've tried sniping their auctions on several occasions and have been successful only once. Their servers are quite "flaky" as you put it. The last time I tried to do it, I got locked up for about 2 minutes trying to go from one screen to another... just long enough to prevent me from placing what I feel would've been a winning bid.

From now on, with Heritage auctions I will place my best bid about 20 minutes before the auction closes and leave it at that.

ARCO

The Heritage servers can and usually bog down badly about 3-5 minutes before the auctions end and if you fail to get your bids in before that window, you may not get them in at all.

I snipe the auctions as much as is possible, but I remember having a whole list of coins I was going to snipe and the servers turned to cold molassas and I lost out on every coin. The swearwords are still reverberating around my computer room, from that failed snipe, and about 6 choice original Barber halves were sold very cheaply to some lucky stiff.

Tyler

sliderider

I don't see it being practical to snipe at Heritage. After the BP is figured in, you'll probably end up overpaying.

coincollector1989

I dont snipe at all. I bid my max of what I'm willing to pay if I'm over bidded by someone else they wanted the coin more than me.

majorbigtime

I wouldn't go near a Heritage internet auction--read the small print on refund policy.

dorkkarl

nope.

usually if i bid in 1 of their auctions, it's becuase the coin's a particular variety that i want. then, i bid plenty strong, & it's doubful i'll get outbid. if i do, tough bananas.

K S

Shamika

It's the only way I can manage my bids. Otherwise, I'll get coaxed into a bidding war which I don't need to do.

flaminio

<< <i>I don't see it being practical to snipe at Heritage. After the BP is figured in, you'll probably end up overpaying. >>

Well, of course one factors in the BP before bidding, as well as the rest of the s/h/i/t.

I don't "snipe" Heritage per se, but I do tend to wait until the last hour or less, mostly just to see what others are bidding. But no three second stuff.

Hoot

I've had terrible luck sniping their internet auctions. I have a DSL line and generally good connection to Heritage, but if I submit a bid any later than 2 minutes before the end of the auction, then it's a lost deal.

This last Signature auction, I submitted two bids (as a batch) with FOUR minutes left in the online auction. The bids never made it. I complained loudly, they called me, and took a phone bid for my lots to the floor, where I won one. They were apologetic and courteous, I must say.

Anyhoo, I think that sniping a Heritage auction is simply a bad idea if you want to have a chance at winning.

Hoot

haletj

I sniped the first two times I ever bid, the next time the server bogged down and I missed placing my bid and likely buying the coin. Since then I bid earlier.

Question, what do you think if you place a bid, say over $1000 early on and had met reserve at a lot less. Then at the last minute your bid is upped to $1000 exactly. Could that be a shill? Does anyone really bid exactly $975?