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Why is a 20K coin on Heritage starting at $1050 on ebay??
There is a FE 1858 SL PCGS P65 on the Heritage site, bid already over $20K, now on ebay with a opening bid of $1050. Anyone know how that works?? Are they listed on ebay just for advertising?? -
Re: Why is a 20K coin on Heritage starting at $1050 on ebay??
As long there is a reserve then the idea is start the bidding low so as to get a bidding war going. If no reserve then seller is taking an awful gamble? Fred -
Re: Why is a 20K coin on Heritage starting at $1050 on ebay??
Heritage lists ALL major auction items on E-Bay at a set opening. Bidders can bid from there, but may be outbid by the internet bidder on Heritage's site. Once the auction hits the floor, the opening bid on the floor is the higher of the E-Bay bid or the Internet/Fax/Mail bid, usually the website bid, as E-Bay is the last… -
Re: Why is a 20K coin on Heritage starting at $1050 on ebay??
That looks like maybe 3 sources of bidders on this one - FUN auction eBay live Heritage site I don't think I would be wanting to bid live on something like this unless I was at the floor auction I have heard stories of internet bidders hitting the "next bid" increment and finding their bid was a few hundred higher than the… -
Re: Why is a 20K coin on Heritage starting at $1050 on ebay??
The bids are seperate. Since there will also be floor bidders as well as live eBay bidders it's just wherever the highest bid happens to be wins. -
Re: Why is a 20K coin on Heritage starting at $1050 on ebay??
I don't know for sure, but I think that they have competing auctions and whichever auction has the highest bid gets the coin. Tom -
Re: Why is a 20K coin on Heritage starting at $1050 on ebay??
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