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High dollar coins that don't sell at auction

pocketpiececommemspocketpiececommems Posts: 6,047 ✭✭✭✭✭
If a high dollar coin doesn't sell, such as the ones that were in the Pogue auction, can the owner sell in a private transaction and avoid any fees to the auction house?

Comments

  • oih82w8oih82w8 Posts: 12,565 ✭✭✭✭✭
    I don't see why not, if they pull the coin from future auctions.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • 291fifth291fifth Posts: 24,676 ✭✭✭✭✭
    It all depends on the contract the consignor had with the auction house.
    All glory is fleeting.
  • oih82w8oih82w8 Posts: 12,565 ✭✭✭✭✭
    Originally posted by: 291fifth

    It all depends on the contract the consignor had with the auction house.




    That is what I was trying to say image



    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • PTVETTERPTVETTER Posts: 6,018 ✭✭✭✭✭
    More than likely there will always be a fee some where.

    Unless the seller and the owner know each other a go between will make a fee.
    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I have been contacted by sellers of coins that did not sell at auction, after it closed. So, certainly, it does happen....Cheers, RickO

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