Questions about dealing with Heritage or Superior Galleries

Kimchee

Hi all. This is my 2nd post. I'm a small investor/collector and will soon have a batch to sell and wanted to ask a few questions about these companies-

Have you had good experiences with these companies?
Do they pressure you to sell your coins to them outright as opposed to getting the hammer price minus comiission?
If it's decided to cosign, can you choose which coins go to signature, online session etc or does your contact person choose?

Thanks to those who reply.

Kimchee

numisma

Have you had good experiences with these companies?
Yes, but I have dealt with Heritage more than Superior.

Do they pressure you to sell your coins to them outright as opposed to getting the hammer price minus comiission?
In most cases, they would rather take the coins on consignment. You will get little pressure, if any.

If it's decided to cosign, can you choose which coins go to signature, online session etc or does your contact person choose?
Good question. It depends on the material and the value of the total consignment. In other words, leverage is a good thing. In reality, you will have to negotiate and reason with them, just as you would in most business deals. They know what will do better in which auction. It's in their best interest to have the coins sell for as much as possible.

.........and welcome to the forum!

Dennis

coinguy1

Welcome Kimchee.

Generally speaking, the more desirable and valuable your coins, the more leverage you will have. Since both of those companies charge a 15% "buyer's premium", which, in effect, comes out of the seller's pocket in the forum of lower hammer prices upon which the seller is paid, you should not have to pay a "seller's commission" too. In fact, if your collection is valuable enough, you might very well be able to negotiate to get more than 100% of the hammer price.

<<Do they pressure you to sell your coins to them outright as opposed to getting the hammer price minus commission?>>

If they try, just say no thank you.

<<If it's decided to cosign, can you choose which coins go to signature, online session etc or does your contact person choose?>>

That can be negotiated.

cape

having consigned with them,typically if the coin doesnt at least have a value of 10k they will not put it in the platinum sale.

ABC123

No one Pays 10 % Sellers Fees !

Torrero

Somebody is putting Superior in the same sentence with Heritage? I'm sure others share my view that Heritage does have competitors, but there is no way Superior is one of them.

Barndog

Superior's shoddy efforts on ebay have likely lost them a few customers. Their less than Heritage-level efforts elsewhere have done the same.

mozin

Over many years, I bought just one coin from Superior. Heritage sold me dozens.

michael

Welcome Kimchee.

Generally speaking, the more desirable and valuable your coins, the more leverage you will have. Since both of those companies charge a 15% "buyer's premium", which, in effect, comes out of the seller's pocket in the forum of lower hammer prices upon which the seller is paid, you should not have to pay a "seller's commission" too. In fact, if your collection is valuable enough, you might very well be able to negotiate to get more than 100% of the hammer price.

<<Do they pressure you to sell your coins to them outright as opposed to getting the hammer price minus commission?>>

If they try, just say no thank you.

<<If it's decided to cosign, can you choose which coins go to signature, online session etc or does your contact person choose?>>

That can be negotiated.

09sVDB

Are they certified? If so, why not try selling them here first? Possibly Ebay them? You would save the commisions. Unless you are looking for a quick painless sale.

morgannut2

I'm very worried about ANR-Stacks merger---I've ALWAYS had great experiences wuih ANR. I won't say anything bad re:Heritage --theydo have lots of bidders. My one try with Superior WAS POOR in my opinion