Top 10 Auction houses - who are they???
djf1326invest
Posts: 7
Hello folks,
I am trying to determine the top 10 auction house for coins. The ones I have come up with so far are (in no particular order)
1) Heritage Auctions
2) Stacks
3) David Lawrence
4) Bowers and Merena
5) U.S. Marshal’s Office (believe it or not they sell coins from FBI, DEA, US Marshall and Coast Guard that were confiscated)
What about AAN (American Auction Network) Yes, they are a TV auction house, but they do NOT sell like QVC, HSN or SNBC. Where they spend 10-15 mins on just one item. They “move” through their inventory. They sell: graded, ungraded and collections. Coins and currency. Check them out.
Well these are just the ones I have dealt with in my short time on investing in coins. Who else do you folks have found to be the top houses???
I am trying to determine the top 10 auction house for coins. The ones I have come up with so far are (in no particular order)
1) Heritage Auctions
2) Stacks
3) David Lawrence
4) Bowers and Merena
5) U.S. Marshal’s Office (believe it or not they sell coins from FBI, DEA, US Marshall and Coast Guard that were confiscated)
What about AAN (American Auction Network) Yes, they are a TV auction house, but they do NOT sell like QVC, HSN or SNBC. Where they spend 10-15 mins on just one item. They “move” through their inventory. They sell: graded, ungraded and collections. Coins and currency. Check them out.
Well these are just the ones I have dealt with in my short time on investing in coins. Who else do you folks have found to be the top houses???
0
Comments
Experience the World through Numismatics...it's more than you can imagine.
<< <i>Do you work for the AAN? >>
I have never heard of AAN. I heard of Morphy/Legend though.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>I heard of Morphy/Legend though. >>
I doubt that they will be in the top ten considering they are a new company.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>One cannot leave eBay off the list. >>
I don't consider eBay to be an auction house. It's a venue that supports thousands of small "auction houses".
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>One cannot leave eBay off the list. >>
eBay claims $4 billion in completed coin sales in 2007. That dwarfs Heritiage, which claims to be the number one
traditional auction house at about $600 million.
Unfortuately, the policies and practices of the "800 lb gorilla" in any industry tend to become the STANDARDS of that
industry.
Those policies of ebay which could become standard are:
Having no numismatists on staff, but rather have 20 cent per hour "call center"
employees in India make decisions on pulling counterfeit coins, even though they
can't tell the difference between counterfeit and genuine
Ending auctions of consignors' GENUINE coins because they are
not in the plastic of a "partner" grading service
or you dared list the grade on a raw coin, or perhaps offered
a Carson City dollar in an original GSA holder (unapproved grading service),
A "tattletale" system where competitors can destroy your reputation, income,
and business simply by making enough trivial complaints. Ironically, "tattletales"
are not permittted to warn innocent bidders about obviously counterfeit coins.
Heritage Auctions
Stacks
David Lawrence
Bowers and Merena
U.S. Marshal’s Office
Goldbergs
Superior
Morphy/Legend
Teletrade
Scotsman
Early American Historical Auctions
Spink's
eBay
Thanks for the info. If anyone else knows of a good coin auction house, please addit to the list. We have only each other to really learn from.
If by 'top houses', you mean companies that have been in operation the longest and have a successful track record:
Spink 1666
Baldwins 1872
Stacks 1890s (if i recall?)