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Originally Posted by Speedy All you do is take the total that you are willing to spend and take off 10% and bid that. So if I'm going to bid $100 then I will only bid $90. Then with shipping and bidders fee it comes out to about the same thing. That works in most cases and sometimes you get it cheaper that way. |
I've often thought that this depresses the value for the
seller; they wind up 15% short, since almost everyone drops back 15% and bids accordingly. Then the auction house takes ~6%, and the seller's cut is back even further.
In other words, the true market price is the total price (bid plus bidder's premium), so the seller is getting 15% less than market price - then taking a 6% hit for auction fees.
What do y'all think ?
And yes... Heritage does have the goods. Great window shopping !
Since a good way to learn to grade is to look at as many coins as possible, I use their catalogues - great photography. I use 'em kinda like Photograde.
True, photos aren't as good as holding 'em in your hand, but I can't hit as many coin shows as I would like, and there aren't many local dealers with good stuff.