Dealers you would use for rarities at Auctions you cannot attend
TahoeDale
Posts: 1,785 ✭✭✭
Another thread has been discussing the merits of buying directly from dealers on the bourse vs. auction purchases. Both are appropriate sources for the purchase of hard to find coins you despartely desire.
But if you cannot be there, or preview the coin before the sale(except the web site image), who do you turn to and does it depend on the series involved?
I'll start with a few recommendations.
Kenny Duncan and Jack Hertzberg- Proof type and gold
Larry Shepherd and Larry Whitlow(and Mike Printz)- MS Barbers
Brian Wagner and Rick Snow- IHC
Mark Feld- just about anything
Sil Digenova and Gary Carlson-Bust dollars
Don Willis and Sheridan Downey-Bust halves
Let's hear from others with your highly regarded dealers who you rely upon for bidding at shows.
Caveat: This list is just a start. I need favors from the above, so they got mentioned first.
But if you cannot be there, or preview the coin before the sale(except the web site image), who do you turn to and does it depend on the series involved?
I'll start with a few recommendations.
Kenny Duncan and Jack Hertzberg- Proof type and gold
Larry Shepherd and Larry Whitlow(and Mike Printz)- MS Barbers
Brian Wagner and Rick Snow- IHC
Mark Feld- just about anything
Sil Digenova and Gary Carlson-Bust dollars
Don Willis and Sheridan Downey-Bust halves
Let's hear from others with your highly regarded dealers who you rely upon for bidding at shows.
Caveat: This list is just a start. I need favors from the above, so they got mentioned first.
TahoeDale
0
Comments
Others:
Stevie Wonder...toned Morgans
Ray Charles (dec.)...18th century gold
Jose Feliciano...Barbers
Mark Feld
Mark Feld
Mark Feld
If none of them were available, I'd go with Mark Feld.
Russ, NCNE
Who would you use to buy Lincoln cents without rectal bleeding after you've paid for the coins?
Stewart
I am not a cent collector, either the early coppers, IHC or the Lincolns. But I would go to Jim McGuigan for early coppers, Brian Wagner/Rick Snow for IHC, and you for Lincolns.
You would surely recommend the best people, while you are trying to sell me your duplicates. I probably would have enough money left over to call my poor wife and tell her to sell the house.
as far as jack hertzberg...thats not his bag...i had him bid for me in 1996....and forgot...and i lost the most monster toned trade dollar.... AND I MEAN MONSTER...HEAD LIGHT NEON COLORED THE "LAST WORD" TRADE DOLLAR THERE IS...AND HE FORGOT.....3 weeks later i was telling mike prinz how jack forgot....and how monster it was and how pissed i was....key word here is "was"....anyway mike told me that he had a monster of all monsters....i said...yeah...right and he pulled THE coin out of his pocket...i fell over as i had found the hly grail......bottomline is mike bid on the coin and was not challenged too hard and bought it for half of what my bid was to be...and mike passed the savings tight down to me and saved me about 10,000...which then let hertzberg off the hook as now i owed him one instead of the other way around
monsterman
can i get a harder question please :-)
monsterman
out of rockets ...out of bullets...switching to harsh language
Mike
Harlan J. Berk, Ltd.
https://hjbltd.com/#!/department/us-coins
Anybody got a picture?
For US-Philippines, Jon Rosenthal (Tonelover), who works for Warren, has given me excellent representation at several auctions. And ditto for Bill Elwell who also actually successfully bought an important US-Philippines collection for me, at a time when I couldn't travel to inspect it myself.
Enjoy!
Just Having Fun
Rainbow Stars
My best to Charlie and you,
Just Having Fun
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michael
Casabrown
tdn
i bring it to fun
monsterman
ps....jason.....kenny duncan is THE MAN...no doubt about it
out of rockets ...out of bullets...switching to harsh language
How 'bout Long Beach?
But he didn't do too much with auctions so since then I have never used another dealer, only collector friends.
Does anyone remember those days?????????
i remember you and john pitman geting into it a few times....way back when...:-)
monsterman
out of rockets ...out of bullets...switching to harsh language
<< <i>What is a fair price to pay for a dealer's services for this? If a dealer buys the coin at auction is he necessarily obligated to sell it to you or does his obligation end if the purchase price exceeds whatever price you are willing to pay? How is such representation usually arranged or negotiated? >>
BAJJERFAN, such arrangements can and do vary between different dealers and their clients. I know of a number of dealers, myself included, who screen auction coins for clients, report back to them and charge 5% of the winning hammer price, in the event that the client is the winning bidder. However, if the client does not bid, or bids but is unsuccessful, there is no charge for the services rendered.
Obviously, under this scenario, if the client spends a lot of money, the dealer can make very nice commissions. On the other hand, there are many times when the dealer spends a great deal of time and makes nothing. Ideally, and hopefully, it balances out so that things are fair for both parties. If one type of arrangement/commission structure is not working out fairly/evenly, the dealer and client should mutually agree upon a different way of doing things - there is nothing wrong with flexibility.
If a dealer pays more for a coin than the client has bid on it, there is no reason for the dealer to have any obligation to offer it to the client, though I believe it would be common courtesy to do so.
If I will be bidding against my client for a coin, or if I have been asked by more than one client to check out a coin, I let the client(s) know that there is a potential conflict of interest involved.
Look what he did for Jung!!
It could be said that behind every great collection is a great dealer.