heritage auction

mrguby · September 16, 2008 4:20PM

better than ebay?

mrguby · September 17, 2008 1:42AM

anyone

11235813 · September 17, 2008 1:53AM

Do you mean Hertiage Auctions?

If you search, there have been several threads discussing the merits of auction houses vs. Ebay.

Quick summary:

With Ebay you get your money faster, but may pay higher fees depending on the consignment terms you negotiate with the auction house.
With Ebay you have a much greater risk of having problems with the buyer than you do with an auction house.

Bottom line is, it depends on how quickly you need the money. The auction houses are in the middle of their late summer auctions, which means that in many cases, their next auction won't be until December/Januarya and you won't see any money until February.

Griffins · September 17, 2008 1:54AM

ebay doesn't charge 22.5% buyers fee. Add in the sales tax for many states (CA, Tx, and others I believe) and it's tough finding anything that is worth an additional 31.25%
Not good for sellers either, as you wouldn't realize a high % of the money involved in the bid, and you've got less bidders due to the BP and tax.

scooter729 · September 17, 2008 1:58AM

Is Heritage up to 22.5% BP now? They were 19.5% last time I bought something there.

If you're buying, you just have to factor the BP into the price you're willing to bid. If you are willing to pay $200 for something, don't bid higher than roughly $160 to account for the premium.

As far as buying from an honest source, you're much better than ebay when dealing with Heritage, but you have to be sure you know all of the extra fees involved.

mrguby · September 17, 2008 2:02AM

well i recieved a book at the east coast show it was a catalog for may2,3rd live auction. so just for the heck of it being sept now i went on the heritage site and pulled up the results of that auction.and some of the cards had sold in the 6 digits. actually alot of the cards sold in 6 digits. and my vintage is the same as what is bringing in big money. graded and rare.so im thinking rather than set up ebay i should be dealing with an auction house.

gumbyfan · September 17, 2008 2:10AM

Let me guess. You have a Mikan Menko.

11235813 · September 17, 2008 2:13AM

Without knowing what you have to sell, it's really hard to say.

Auction houses generally will not touch anything expected to sell for less than $100, nor anything graded lower than PSA 8 (unless it is such a high value card that it will sell for big bucks in lower condition).

Give us an example of some of the stuff you are looking to sell, and we can give you a more informed opinion.

mrguby · September 17, 2008 2:32AM

my collection, 20+ piedmonts ,75 playball, 48-49 half set leaf, 54 topps graded 30+ 55 bowman graded 25+, 58 topps football allmost complete the list go on. im not collecting wavers.

11235813 · September 17, 2008 2:44AM

Based on that, I'd say to go with an auction house.

Individual graded cards from the 1950's will do fine on Ebay, but sets, partial sets, and pre-1950 stuff will do better with an auction house.

mrguby · September 17, 2008 2:56AM

ive lost interest in cards. im willing to part with it for a 52 foot sailboat. ebay is not my answer.

swhuck · September 19, 2008 4:59AM

q]Is Heritage up to 22.5% BP now? They were 19.5% last time I bought something there.

If you're buying, you just have to factor the BP into the price you're willing to bid. If you are willing to pay $200 for something, don't bid higher than roughly $160 to account for the premium.

As far as buying from an honest source, you're much better than ebay when dealing with Heritage, but you have to be sure you know all of the extra fees involved. >>

Heritage's buyer's premium is 22.5% for most types of collectibles only if you are placing your bid through eBay. For bids placed from any other source (live, mail, phone, HA.com), the buyer's premium is 19.5%. (For coins and currency, the buyer's premiums are 15% for most bids and 20% for eBay bids.) We recommend placing your bids directly through HA.com for many reasons, the most obvious of which is the price difference. Keep in mind that you can bid both absentee and, where applicable, live against the auction floor through HA.com.

You are quite correct in that you need to factor in the Buyer's Premium into your bids. To help this, we post the full amount of the bid including the buyer's premium at every step on our site.

heritage auction

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