Heritage Bullet Auctions

au58

Are these auctions used as dumping grounds? What is the ratio of Bullet auction coins that will hold their own versus those that are marginal or maybe even problem coins?

RYK

Are these auctions used as dumping grounds?

In my collecting areas, yes.

I think that in general they are for lower-priced coins.

WACoinGuy

I've always found the Bullet auctions to have mostly good coins that are usually more within my price range than the Signature sales. It's the Internet Only auctions that tend to be dumping grounds.

Catch22

I recently sold about 30 coins in one of Heritage's Bullet auctions. They have minimum value amounts for their Signature auctions that vary from event to event...around $1500. However, this number is not set in stone and can move depending on the client.

Most of my coins were around the $500 range and all but one sold...most well over my reserve. Your coins are displayed at the event just as the Signature coins are, but only internet bidding as opposed to live event bidding.