Anyone ever use Heritage Auctions? Is this legit?

Discussion in 'US Coins Forum' started by Gam3rBlake, Aug 16, 2024.

  1. Gam3rBlake

    Gam3rBlake Well-Known Member

    I’m so afraid of scammers and phishing emails I want to make sure before clicking anything or responding.

    Thanks!

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  3. Lehigh96

    Lehigh96 Toning Enthusiast

    It is absolutely real, and I have both bought and sold coins using their "make an offer" feature.
     
  4. calcol

    calcol Supporter! Supporter

    This is a common Heritage activity. You should be able to verify it by going to Heritage's website (coins.ha.com) and sign-in.

    Cal
     
    imrich, -jeffB, charley and 3 others like this.
  5. Chris B

    Chris B Supporter! Supporter

    Yep, sold a few things that way.
     
    Mr.Q and Gam3rBlake like this.
  6. wxcoin

    wxcoin Getting no respect since I was a baby

    Many years ago I won a 1983 no S proof dime in one of their auctions. About six months later I got an email that someone was interested in buying it. So I ended up selling it for a few hundred dollars more than I paid.
     
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  7. KBBPLL

    KBBPLL Well-Known Member

    I'm confused by the "Anyone ever use Heritage Auctions?" question. Did you not purchase this item from a Heritage auction? If you did, the "make offer" thing is automatic unless you opt out of it, and they automatically set an offer price at 50% more than you paid.
     
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  8. Gam3rBlake

    Gam3rBlake Well-Known Member

    ya I did purchase it but I thought maybe it’s like how I also use Amazon yet still get fake scam emails pretending to be from Amazon.
     
  9. messydesk

    messydesk Well-Known Member

    You will probably see the offer if you go to Heritage's site the old-fashioned way (type the URL in your browser) and login. Not clicking on links in emails when there is an alternative way of accessing an account is always a good practice. That said, I'm not aware of anyone spoofing Heritage. There's still a pretty target-rich environment for Ămąɀöȵ
     
    Gam3rBlake likes this.
  10. Phend

    Phend Active Member

    Not sure where to post this question..
    Isn't Heritage Auctions premium rather high.?
    If you win a bid that is 1000, the premium is 20%
    So the item will cost you 1200, plus state tax if applicable.
    Kind of high if you ask me.
     
  11. KBBPLL

    KBBPLL Well-Known Member

    Yes 20% is high and their minimum for cheaper coins is $19 whereas GC is $5 and 12.5%. You just have to bid accordingly.
     
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  12. calcol

    calcol Supporter! Supporter

    20% is standard for most U.S. auction houses now except for Great Collections which can be as low as 10% if you pay by check or direct bank transfer. European auction houses mostly charge 20%. Some are higher and some can be as low as 6% for certain types of internet only auctions. Japanese auction houses usually charge less than 20%; some as low as 11%. Mike
     
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  13. Gam3rBlake

    Gam3rBlake Well-Known Member

    i always take that stuff into account when I place my bid.

    so if I was willing to pay $1200 for a coin I make sure my bid is no higher than $1,000.

    If a coin was worth $1200 I wouldn’t actually bid the full $1200 on it though for sure.
     
    Kentucky and Phend like this.
  14. KBBPLL

    KBBPLL Well-Known Member

    Yes I see that Stack's is also 20% with $25 minimum. I guess I think HA is high because they used to be 15 or 18% (can't remember). You also have to watch out for the increment brackets at various sites, and HA's brackets change when the auction goes live.
     
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  15. Mr.Q

    Mr.Q Well-Known Member

    The unfortunate thing about international orders is imposed tariffs, Bah-Humbug!
     
  16. Kentucky

    Kentucky Supporter! Supporter

    Wow, long time no see...uh, hear....uh read. How are you?
     
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