CoinTalk

Welcome to Coin Talk! Register Now, it's easy and FREE!

Thousands of coin collectors, numismatists, coin dealers, bullion investors, and enthusiasts make Coin Talk their number one source for numismatic news, information about US and world coins, discussions and community.

You are currently viewing Coin Talk as a guest, which limits your access to content, contests and information. By joining our free community, you will be able to join in discussions, contact other members, place free advertisements, enter contests, and much more. Registration is easy and free. Register Now


Go Back   CoinTalk > Coin Forums > Coin Chat

Notices

Coin Chat Please use this section for discussion of numismatic topics that don't fit in other sections.

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
Old 10-19-2007, 04:58 PM   #1 (permalink)
Junior Member
 
Join Date: Jun 2007
Posts: 10
question about Heritage Auctions

I understand that if I participate in their auctions and win something that I have to pay a buyers premium. Fine. What about if I want to buy a buy it now item? Same deal?

- Thanks, Tony
tcekolin is offline   Reply With Quote
Old 10-19-2007, 05:19 PM   #2 (permalink)
Slightly Evil™
 
gmarguli's Avatar
 
Join Date: Jun 2003
Location: Los Angeles, CA
Posts: 389
No. You'll just pay the asking price plus shipping.
__________________
Greg
gmarguli is offline   Reply With Quote
Old 10-19-2007, 05:25 PM   #3 (permalink)
Junior Member
 
Join Date: Jun 2007
Posts: 10
Thanks! I tried to find that information on their site, but I never could so I knew I could get it here.

- Tony
tcekolin is offline   Reply With Quote
Old 10-20-2007, 12:46 AM   #4 (permalink)
Member
 
Join Date: Oct 2007
Posts: 43
Pro Auctioneer Lingo? I remember getting confused over the term "Buyer Premium" as well, when I bought a bunch of coins through an eBay Live Auctioneer.

I also found out that the buyer premium was just the total costs, plus s/h.

ummm...why do they call it that, then?
Vitagen is offline   Reply With Quote
Old 10-20-2007, 09:04 AM   #5 (permalink)
Coin Collector
 
ziggy9's Avatar
 
Join Date: Mar 2007
Location: Pats country!
Posts: 1,703
My Mood:
Vitagen
Buyer premium is not just the total costs plus s?h. If an auction has a buyer's premium of 10% you will take the high bid and ADD 10% to that, and then s/h. If bidding on a high priced item this can be a BIG surprise if you don't understand this up front.

Richard
ziggy9 is online now   Reply With Quote
Old 10-22-2007, 12:53 AM   #6 (permalink)
The Coin Troll
 
The_Cave_Troll's Avatar
 
Join Date: Nov 2004
Location: Dallas
Posts: 2,506
Quote:
Originally Posted by tcekolin View Post
I understand that if I participate in their auctions and win something that I have to pay a buyers premium. Fine. What about if I want to buy a buy it now item? Same deal?

- Thanks, Tony
If you (or anyone else) has a buy it now coin you ar interested in at Heritage (or any heritage questions) just shoot me a PM or email and I can help you out.
__________________
"From time to time the Tree of Liberty must be refreshed with the blood of Patriots and of Tyrants."
-Thomas Jefferson
The_Cave_Troll is offline   Reply With Quote
Reply

Bookmarks
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.

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

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


» Newsletter
Sign up for CoinTalk's Newsletter
enter your email address below.
» Unanswered Posts
Do You Have the Answer?
» Sponsors

» Today's Top Posters
Top Posters in Last 1 Days
[15]
[15]
[14]
[13]
[13]
[13]
[12]
[12]
[11]
[11]

All times are GMT -4. The time now is 06:10 PM.


vBAdvertise v1.0.0 Copyright ©2009, PixelFX Studios
vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios
Copyright 2008 CoinTalk
"Wiki" powered by VaultWiki v2.5.0.
Copyright © 2008 - 2009, Cracked Egg Studios.