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CoinTalk > Coin Forums > Coin Chat I really like Heritage auction but...

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Page 2 of 2 < 1 2   LinkBack Thread Tools Rate Thread Display Modes 04-27-2007, 08:36 PM   #1 (permalink) Danr Numismatist     Join Date: Jul 2005 Posts: 2,714 My Mood: Quote: Originally Posted by GDJMSP Heritage realizes a profit of $22 for holding the auction, photos, advertising and all of the other expenses that go with it. By the time it's over with, they probably lost money on this coin. No way, they are making $ on everything they touch, that is why they have that $9 min buyers fee (that being said, I do not begrudge them their profit). Last edited by Danr; 04-27-2007 at 08:47 PM.   04-27-2007, 04:13 PM   #2 (permalink) Speedy Researching Coins     Join Date: Mar 2004 Posts: 11,594 My Mood: Thanks Doug---I tried to check it out on their site but they don't say anywhere that I could find---it was all Email us with questions. Quote: Heritage realizes a profit of $22 for holding the auction, photos, advertising and all of the other expenses that go with it. By the time it's over with, they probably lost money on this coin. I would say that you are right---in some cases I bet they lose money. Advertising isn't cheap----and once you pay your workers, and bills to keep up the business, and such..... Speedy __________________ Coin collecting is the only hobby in the world that you can spend all the money in the world and still have some left over WINS - ANA - CONECA -   04-28-2007, 09:48 AM   #3 (permalink) Speedy Researching Coins     Join Date: Mar 2004 Posts: 11,594 My Mood: Ok....from Heritage. Quote: The current seller's rate for coins is 5%, for tokens it is 10%, and for currency it is 10%. Seems fair to me. Speedy __________________ Coin collecting is the only hobby in the world that you can spend all the money in the world and still have some left over WINS - ANA - CONECA -   Page 2 of 2 < 1 2 Bookmarks Digg del.icio.us StumbleUpon Google Would you like to support CoinTalk? Coin Talk Code of Honor 1. Post unto others as you would have them post unto you. 2. Keep it clean, like a 1950s family television show. 3. If you don't like the coin, don't trash the person. « what the heck! | Washington Errors » Thread Tools Show Printable Version Email this Page Display Modes Rate This Thread Switch to Linear Mode Hybrid Mode Switch to Threaded Mode Rate This Thread: 5 : Excellent 4 : Good 3 : Average 2 : Bad 1 : Terrible Posting Rules You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules LinkBack LinkBack URL About LinkBacks

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