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If you have ever been to a Heritage Auction in person, IMO it is a very professional, and very interesting event. Their catalogs are almost worth collecting on their own as they have such great pictures and write-ups of really special coins. You have to remember that there are people bidding upwards of $10,000 frequently and $100,000 occasionally (usually clapping breaks out from the group when someone wins a bid that high) but it is not uncommon. Typical lots go for $2000 I would guess -- usually out of my range. There are some beautiful coins that sell at these auctions -- I would love to buy some of the higher grades, but I do enjoy at least watching for what they go for when I know I can't bid. You can, however, pick up some great coins for a lot less and they show you the same respect when you bid/buy -- prompt and careful shipment. Not an advertisement on my part... Not that they need it -- (the FUN auction alone is pushing upwards of $50 million), just my experience and recommendation for those who have not yet discovered Heritage. Once you are a member, you can also search their historic database which is excellent for seeing trends in pricing and for grading since most items are slabbed and they have great enlarged pictures.
-- John
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