Is anybody bidding on anything in the Heritage auction ending tonight? The coins I'm tracking don't

UncleWiggly

going anywhere. I've noticed the past month allot of coins on both Teletrade and Heritage that have not been selling. Is this a good sign or bad sign. Guess it depends if you are selling or buying. Several posts of late have been asking about the direction of the coin market overall. From what I've been seeing in these auctions, things are on the way DOWN. I don't want anymore coins at the present, but some of these prices compared to 2 months ago on Morgans are in the "Yipes" column. Anybody else?


Jerry

RGT

I was tracking eight coins. Four did not sell. One went for an average price but was unattractive, IMO. One sold at a slightly above average price. The other two were very low priced coins (less than $20) that seemed to go cheap, but I wasn't going to bother bidding on these if I couldn't get a higher priced one to justify the shipping cost. I didn't bid or win any.

I think that sellers are counting on a very strong market to keep bringing the prices up on everything. Some of those reserves were quite high and the coins just weren't in the current popular series.