Has anyone ever made or had someone make an offer on coins through heritage's feature? (Oh..and hell

TheLiberator · January 8, 2013 10:39AM

Hey guys! Long time no see.

(Maybe a few years actually?) I hope all is well with everyone from back in the day. I sometimes come back and poke around here near the FUN show as I live in Orlando, but other than that I've been quite busy with not much time for coins. I always loved this board and learned so much...I might have to drop back in more often!

Anyway, I was wondering about this feature from Heritage and if anyone uses it or has received offers from people for their coins. (I am talking about the "make offer" feature heritage let's people use on coins bought from heritage and that are added in the "my collection" tab.) I've never had any offers but then again, I 'aint a high-roller so I was just wondering about other users experiences...

Thanks in advance!!!

Manorcourtman · January 8, 2013 10:45AM

I have made offers on 3 coins in the last year or so. The last one was 50% over what it sold for just 18 months ago. No luck! I've actually never received a response from HA about my offers.

RYK · January 8, 2013 10:46AM

Welcome back!

Yes, I have on rare occasions bought and sold other folks' coins through Heritage's "make offer" feature. It is pretty low yield, in my experience.

lava · January 8, 2013 10:46AM

Yes and yes. It seems like a real shot in the dark.

mozin · January 8, 2013 2:12PM

Absolutely no use for me. What else can I say?

SmEagle1795 · January 8, 2013 2:25PM

I've tried many times with very significant offers receiving no response. It's a nice way to get yourself frustrated!

kookoox10 · January 8, 2013 2:31PM

Same here, there was a couple Nationals that were floating out there that I was willing to pay quite a substantial premium for. Just never heard anything back.

DDR · January 8, 2013 4:04PM

I've tried a couple of times and never got a response.

Oxenham · January 8, 2013 4:25PM

I made nine separate offers and received not one response. Their batting average is very low and they are aware that its a poor program.

WingedLiberty1957 · January 8, 2013 6:58PM

i agree with many of the above posts. I have made 5 significant offers and received nary a response. I almost get the impression that my offers never actually get through to the owner. I think it's a waste of time to try.

CoinRaritiesOnline · January 8, 2013 8:36PM

I received an offer on something I purchased at auction. I accepted, and received a check about 30 days later.

No complaints here -

LanceNewmanOCC · January 8, 2013 8:41PM

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1. i think i remember something about opting into the ability to receive offers. kind of like opting to receive PMs.

2. for those familiar with the site, lets craw inside and out of it looking for communication preferences and other settings.

3. maybe someone here kind of close to the inside can ask the tech people inside the secret sub-basement 37 how exactly the process works from the tech standpoint.

i'll give it some more serious thought after i see what we can turn up
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LanceNewmanOCC · January 8, 2013 9:04PM

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here are the pages i looked over and didn't see nary an option for receiving/sending offers

go to "my heritage" then the "my collection" menu. then on the right opens another menu and scroll to your section preference, in this case "coins"

verify the email you want offers/communications to be sent to and check it twice so that way santa will know if you've been naughty or nice, ok, that sounded better in my head ><

i think with privacy laws, this option is probably set default to "do not receive" or the like and we must opt in. so spread the word if you want offers to go through as most people will probably not know this option exists

LanceNewmanOCC · January 8, 2013 9:57PM

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something just occurred.

i wonder if the "make an offer" option only shows on lots for winning bidders that are opted into the offer program.

if so that means that either winning bidder is ignoring great profit opportunities, not getting their offers, not checking their email, dead, hospital etc etc

i mean who would opt in and turn down great profits? that would negate the offer option being opted into. oops my fault, trying to figure out human behaviour. bad occ bad bad bad ><

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Twobitcollector · January 9, 2013 1:18AM

Yes I did once my offer was accepted took awhile to get the coin

To this day I don't know why I made the offer

SullivanNumismatics · January 9, 2013 2:20AM

Yes, but the coins they wanted where exceptionally good deals when I bought them, and their offers didn't reflect the fact that the coin was a "good deal" when I bought it (only a slight premium over what I paid), so I haven't sold anything through that venue.

superpsychmd · January 9, 2013 3:43AM

I tried perhaps 6 times, never worked. waste of time

123cents · January 9, 2013 3:47AM

I have made offers on coins that did not sell and have won about 6 of them. I also had a offer on one of my coins that I had won about 2 years earlier and accepted the offer.

daOnlyBG · January 9, 2013 3:50AM

It's possible that those who "won" the coins opted to sell them shortly thereafter, meaning that by the time you contacted them, they didn't even have the coin.
I guess that doesn't answer why they couldn't simply respond to you with a "I'm sorry, I don't have it any more."
Or why they wouldn't take down the "Accepting offers" button.

DeliaBug · January 9, 2013 3:53AM

<< <i>It's possible that those who "won" the coins opted to sell them shortly thereafter, meaning that by the time you contacted them, they didn't even have the coin.
I guess that doesn't answer why they couldn't simply respond to you with a "I'm sorry, I don't have it any more."
Or why they wouldn't take down the "Accepting offers" button. >>

Heritage apparently enables this on their own. I just checked coins I've won in the past and this is enabled for them. And I had no idea. I also have no idea where to even look to see if an offer was made.

coindeuce · January 9, 2013 4:01AM

The service of having my Heritage auction purchases made available for indirect sale through them would only be practical if the offers tendered exceeded by a wide margin the total of my auction buyer fee AND the Heritage selling fee (non-negotiable) they would grab for this service, and this would not even take in to consideration an expectation of market gain based on supply/demand.

BloodMan · January 9, 2013 4:06AM

I made about 10 offers during 2012. On eight offers, I did not receive any responses. On one, a counteroffer was made, which was ridiculously high for the coin. My last offer was for a coin auctioned in Jan 2006. To my surprise, I received an immediate counter offer for slightly more than my original offer, which I gladly accepted.

etexmike · January 9, 2013 4:12AM

I have made 8 offers total.

The very first time I used the service my offer was accepted.

Never even got a response on the other 7 offers.

I will probably use the feature again. It only takes a few minutes and you never know, just might work the next time.

Mike

LanceNewmanOCC · May 30, 2014 10:56AM

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here is a 2014 update to these options.

LanceNewmanOCC · May 30, 2014 11:07AM

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you can do some manual changes by visiting the page of the item you won.

LanceNewmanOCC · May 30, 2014 11:16AM

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and this is what potential buyers will see if you have the BIN/offer option turned on.

ms70 · June 4, 2014 2:56AM

Just got notified that an offer was not responded to. The canned Heritage reply says, "This could mean that they were not interested in countering, that they were unavailable
during this timeframe, or that the e-mail didn't reach them." I made a strong offer on a coin I sold about 4 years ago that I regretted ever selling. The going price is twice what
he bought it for back in 2010 and I offered a little beyond that since the coin is exceptional and it hurts that I sold it. So I resubmitted the same offer & I'll keep doing that just
to until I get his attention.

Has anyone ever made or had someone make an offer on coins through heritage's feature? (Oh..and hell

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