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Anyone ever have any luck with Heritage "Make offer to owner" feature?

ambro51ambro51 Posts: 14,419 ✭✭✭✭✭
Just tried this...but dont personally hold much stock in this.

Anyone ever get "lucky" with this?

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    Tried a few times. Never heard anything back from Heritage or the owner.
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    Hasn't worked for me. I'm not complaining though, it might someday make me a Happy Camper.

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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    I did it once and got the coin because I knew the history and what the previous owner paid for it. In essence I gave them a 10% markup to sell the coin rather than the 20-30% they had been looking for. I also think Heritage may have owned the coin in question or at least someone who worked very closely with them.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    DennisHDennisH Posts: 14,041 ✭✭✭✭✭
    I hold ZERO stock in that feature. I'm also 0-fer every time I've tried.
    When in doubt, don't.
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    etexmikeetexmike Posts: 6,852 ✭✭✭
    I am 1 for 2 using the feature.

    The first time I used the "make offer" I got the coin. The second coin that I went after the owner never replied. I even tried it a second time with a higher offer and still never heard anything back from the owner. I was offering way to much money the second time around and I guess I should fill fortunate that they refused.

    I have a couple of more coins tracked that I am going to try as soon as this credit card period is over. image


    Mike
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    swhuckswhuck Posts: 546 ✭✭✭


    << <i>Tried a few times. Never heard anything back from Heritage or the owner. >>



    This is interesting, Tommydg. I looked into this, and we did send rejections on both of your offers -- one as an autoreject after three days and one as an owner rejection the day after you made your offer. With your comment and etexmike's comments, I wonder whether the offer rejected notices are winding up in a spam folder somewhere?
    Sincerely,

    Stewart Huckaby
    mailto:stewarth@HA.com
    ------------------------------------------
    Heritage Auctions
    Heritage Auctions

    2801 W. Airport Freeway

    Dallas, Texas 75261

    Phone: 1-800-US-COINS, x1355
    Heritage Auctions
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    I may have made offers on over 20 items with none ever being accepted, but I do recall always getting a rejection email within 72 hours.

    I wish they would lower it to less then $400 items as there's some exonumia that sold for less I'd like to place offers on. image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    gripgrip Posts: 9,962 ✭✭✭✭✭
    About 0/5.
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    123cents123cents Posts: 7,178 ✭✭✭
    0/3.
    image
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    ambro51ambro51 Posts: 14,419 ✭✭✭✭✭
    I had contemplated " going nuclear" instead of the $4450 minimum ,
    ......and then when the owner responds to say "ok now that I got your attention let's negotiate" but as I understand the system an offer is binding and a nuclear offer cannot be negotiated to a real world selling price.
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    << <i>Tried a few times. Never heard anything back from Heritage or the owner. >>




    Exactly....you get crickets back....no contact at all for me image
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    I recently received two offers, but let them expire without responding. I suppose that I should 'opt out' via Heritage's website, so that I don't get offers in the future, since I am not interested in selling at this time.
    I think that a BIG part of the non-responses is due to the same situation, since Heritage took it upon themselves to place the 'accepting offers' tag on every coin, and set the initial offer price as well. Probably most collectors are not interested in moving the pieces, but the 'make an offer' tag appears on the coin anyway. However, a nuclear offer would surely grab my attention - maybe I should place values on the coins that are right on the edge of ridiculous.
    As an aside to Heritage, I think that a more flexible system of back & forth between parties would encourage more responses, and a little more $$ in the coffers!
    Don't you know that it's worth
    every treasure on Earth
    to be young at heart?
    And as rich as you are,
    it's much better by far,
    to be young at heart!
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    johnny9434johnny9434 Posts: 33,155 ✭✭✭✭✭
    i saw it, havent used it (yet )
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    illini420illini420 Posts: 11,590 ✭✭✭✭✭
    I tried it a few times with no luck so I pretty much gave up on it. I figure so many dealers buy coins on Heritage that alot of the coins have been sold and resold several times since being on Heritage.
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    mozinmozin Posts: 8,755 ✭✭✭
    If I wanted the coin when it was up for auction, I would have bid my max. Why would I now want to pay at least 110% of my max?
    I collect Capped Bust series by variety in PCGS AU/MS grades.
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    ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    After every auction I check for what I wouldn't buy except for price. I've maybe bought 7 coins for 20K over the last 2 years.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
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    ambro51ambro51 Posts: 14,419 ✭✭✭✭✭
    Ill bump the bid 2 K if I dont hear back...


    see what that does.....
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    RYKRYK Posts: 35,801 ✭✭✭✭✭
    My assumption is that most folks are not interested in selling the coin, no longer own the coin, are not interested in hearing from me, etc., since that's how I feel. Therefore, I have never entertained the serious notion of making an offer.

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