What is up with Heritage?

Discussion in 'US Coins Forum' started by Danr, May 12, 2010.

  1. Danr

    Danr Numismatist

    I have been putting in reasonable bids lately and I am being out bid EVERY time! With the reasonable bids I put in I would think I would hit now and then but I get NOTHING. I remember they had a shill bidding controversy a few months ago, what ever happened with that? I am super frustrated because I used to win maybe one out of four or one out of five, now I win zero.
     
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  3. majorbigtime

    majorbigtime New Member

  4. swhuck

    swhuck Junior Member

    I suspect that what's happening is that you're bidding on coins that somebody is simply bidding more for. I'm fairly (but not 100%) sure which coins are frustrating you; I would not have expected to lose them, either. However, it does happen, and I know this firsthand from having been on the wrong end of that sort of thing more than once. Keep in mind that if you lose a coin by more than one increment, at least two people are bidding more on it that you are.

    I would be happy to go through any specific questions you might have on the lots you've been bidding on recently. If you like, please contact me at stewarth@ha.com or by phone at 800-872-6467 x1355 and I can go into more detail (although I would not be able to release any privileged information, of course).

    For the record, Heritage does not shill bid, period.
     
  5. rlm's cents

    rlm's cents Numismatist

  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It can be frustrating!! It took me awhile to win my first item on Heritage
    You actually have to over bid to get what you want!!
     
  7. swhuck

    swhuck Junior Member

  8. Danr

    Danr Numismatist

    I will keep bidding because I only bid what I think things are worth and I can't lose with that. I do appreciate you commenting right away on this though and that is in keeping with the service I've had from Heritage in the past. Mostly I am blowing off steam because I lost on some stuff I really wanted on the Tuesday auction (also I have not been able to win anything for a while).
     
  9. majorbigtime

    majorbigtime New Member

    Be advised that I generally like Heritage and am a "legacy" customer. That said, they do have their "pimples and warts".
     
  10. Danr

    Danr Numismatist

    I may be out of line with the comment but I was irked on Tuesday night.
     
  11. majorbigtime

    majorbigtime New Member


    "Irked"? Please splain.
     
  12. Danr

    Danr Numismatist

    bugged.
     
  13. rlm's cents

    rlm's cents Numismatist

    First, look up the definition of shill bidding. Then see if you can figure out who swhuck and The_Cave_Troll are.
     
  14. swhuck

    swhuck Junior Member

    My identity is public knowledge; just turn on signatures.
     
  15. rlm's cents

    rlm's cents Numismatist

    I know, but that was not quite the point. I Was trying to tell majorbigtime that your earlier comment actually meant something.
     
  16. swhuck

    swhuck Junior Member

    Cool. :)
     
  17. Leadfoot

    Leadfoot there is no spoon

    Internet bidders are at an extreme disadvantage to those who view the coins in-hand. My suspicion is that you're getting better at finding the good coins, but others who see them in hand are comfortable bidding more. I know that happened to me as I advanced in skill level, and wonder if something similar is at play here too.
     
  18. Leadfoot

    Leadfoot there is no spoon

  19. majorbigtime

    majorbigtime New Member

    Got cold feet? I understand.
     
  20. Leadfoot

    Leadfoot there is no spoon

    You know me better than that, MBT. My feet are anything but cold.

    I misread the post where he asked the question.
     
  21. Mad.Outcast

    Mad.Outcast New Member

    I can see the light,and how just a light scramble of words, can be walked around or through.and made to benefit others.in such a profitable way.how unfortunate for some.

    does anyone have the website for heritage I would like to see if they have one of these in very high grade,their my favorite.I want to place a bid.

    [​IMG]
     
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