Does anyone here get high quality numismatic material from Heritage Sunday and Tuesday auctions?

RYK

No one (except, maybe, Saintguru) adores Heritage more than I do. They exemplify quality, service, and class. If I were a coin professional, I would want to work at Heritage, no question about it.

IMO, the weakest link in Heritage is the internet auctions on Sundays and Tuesday. I receive their emails a couple times each week and occasionally browse some categories of interest for stuff to buy. This week's edition shows two very good examples. On one hand, there is an ex-Price quarter eagle that someone paid $207k for and wants out six weeks later for a break even (or so). On the other hand, there is a colonial coin that is fugly beyond belief. It defines "low-end".

So has anyone here added important™ coins to their collection from these internet-only auctions? Post them here, so I will believe that Heritage is indeed perfect.

adamlaneus

Rarely are the pictures indicating a coin worthy of being Important™. You caught one with that quarter eagle, but this is a coin not usually on my radar.

Most of the pictures indicate an item which is Not For Me™.

I have bought some Milquetoast™ coins at Heritage sun/tue auctions which are acceptable. The Important™ stuff seems to happen in special auctions or special transactions or shows. Not on the tuesday/sunday circuit.

I keep looking. I do not want to miss that item that is Special™. They do happen.

Churning 200k on a coin in a few weeks? Yowsa™!


That said, is there an auction house that has better stuff than Heritage on average? It's a hard call. Perhaps yes, there are better houses. Most are inferior. I have no quibble with what shows up in Heritage auctions from time to time! Not like the TeleTrade Scoff™.

Barry

Adam - I think you have a sticky key on your keyboard ™

RYK

<< <i>Adam - I think you have a sticky key on your keyboard ™ >>



Methinks I am getting mocked by the hoi polloi.

COALPORTER

I don't own any note worthy coins, but I do look at Heritage Sunday and Tuesday night auctions all the time. I have won many coins that meet my criteria and don't mind that the other 98% of the coins are junk. Heritage's software has enough sorting power to find what you want (or not). Lately, the reserves have been too high and unrealistic for me to play with...guys still want all time highs for stuff...haven't they heard the coin bull marker is over ?

Actually, I was going to ask what is the most expensive coin ever sold in a Sun / Tue Auction , because there is a bust dollar coming up that looks out of place and should be in a Signature Sale .

COALPORTER

How do you guys do the TM thing anyway? I always wondered that.

RYK

<< <i>I don't own any note worthy coins, but I do look at Heritage Sunday and Tuesday night auctions all the time. I have won many coins that meet my criteria and don't mind that the other 98% of the coins are junk. Heritage's software has enough sorting power to find what you want (or not). Lately, the reserves have been too high and unrealistic for me to play with...guys still want all time highs for stuff...haven't they heard the coin bull marker is over ?

Actually, I was going to ask what is the most expensive coin ever sold in a Sun / Tue Auction , because there is a bust dollar coming up that looks out of place and should be in a Signature Sale . >>



There are very expensive coins occasionally sprinkled in with the rest in these auctions.

Actually, my point was not that there need be important™ coins (whatever they are), but there appears to be a lot of low-end material and decent coins with too high a reserve. With ebay's problems and Teletrade's popularity, one would think that talent and visionaries at Heritage could create a more formidable internet-only auction venue. Certainly, Stack's and the others offer no competition, and the jury is still out on the Morphy-Legend venture.

ArizonaJack

I have pulled some decent stuff from Heritage Sun/Tues sales, but no true cherrypicks like I have ripped from the bay on occasion.

Barry

<< <i>How do you guys do the TM thing anyway? I always wondered that. >>


I believe you have to be a dues paid member of the Circle of Trust™ for that info, so I'll leave the answer to our current chairman, RYK.

Bayard1908

The reserves are usually too high; however, I have bought at least one $500 or better coin on a Tuesday.

notwilight

<< <i>How do you guys do the TM thing anyway? I always wondered that. >>



That you will learn in due time, young Jedi™.

BXBOY143

™

GFourDriver

I've picked up 5 coins from their internet auctions recently to fill my type set.....nothing great, all PCGS or NGC and in the AU range but IMHO I think thats where the best values are on the Tuesday and Sunday auctions.

Longacre

I object to the OP. No one loves Heritage more than Longacre.

Barndog

some acceptable stuff, but nothing "high quality"

DeepCoin

I have made a few purchases through the Sunday / Tuesday auctions. While there is often a lot of junk, there are also some nice coins for those of us who do not have the deep pockets required to participate in the Signature auctions. I think it is a good place to find a nice $500 dollar coin or two. No major bargains, but with patience you can find some things for your collection that are reasonable.