Do You Participate in the live Heritage Auctions?

Discussion in 'Coin Chat' started by Numan, Jan 9, 2009.

  1. Numan

    Numan New Member

    I just wondered how many of you login to Heritage to actually watch/participate in the real time auctions? The FUN (Florida) auction is going on right now and it is really fascinating to login and watch the auction even if you aren't in a position to bid on the items up for sale. You can get audio and video on your computer, and having been at Heritage auctions in person, it is the next best thing and the way many people actually watch and bid. If you haven't done this, I would certainly recommend it, whether you are bidding or just watching. Just register on Heritage and login. Great real time info on what people are paying for what grades. Some serious collectors, but something for everyone.
    John
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. TheNoost

    TheNoost huldufolk

    I will have to check that out. Thanks.
     
  4. Eduard

    Eduard Supporter**

    I have, and also bid on some lots. It's exciting to hear what is goin on in a bidding room half a world away!
     
  5. scottishmoney

    scottishmoney Buh bye

    It can be an exercise in frustration occasionally though, sometimes there are still little kinks in their software - rare, but if you are on the bidding end and things freeze up - it can be annoying.
     
  6. Conder101

    Conder101 Numismatist

    I have and it can be fairly frustrating if you don't have a broadband connection. (I don't, just a wireless connection, and I WAS participating. Still managed to win a couple lots.)
     
  7. 4largecents

    4largecents Goldpan Man

    I have heard of Heritage but have not gone to their site yet, but I plan on checking them out since I don't go to ebay anymore. :)
     
  8. scottishmoney

    scottishmoney Buh bye

    I have broadband, and still it can be hit or miss. I have heard of people bidding on what they thought was the lot they were interested in, and the delay caused them to bid on something they were NOT interested in.

    But if their system is troublesome, the others are downright awful. I will say for Heritage they have the best out there and attempt in appearance anyway to try to stay on top.
     
  9. Numan

    Numan New Member

    Yes, given the pace at which the auction runs, and given the fact that the software is showing multiple items on the screen, including a picture of the item up for sale and streaming a live audio/video feed, I can see that if you don't have broadband access it could be a bit tough. I have broadband and have never had a problem. One other thing folks who haven't participated might want to know about is that at the end of their auctions, Heritage has what they call Signature Sessions where you can bid online but there is no audio or video -- that might help those without broadband (of course you can always turn off the audio and video and that should make the regular auctions go faster). I also find that the less expensive coins are usually found in the Signature auctions and I have purchased several coins during those sessions. Anyways, enjoy!
    John
     
  10. spock1k

    spock1k King of Hearts

    i love it my favorite part is when i win lots that i bid on aftert the favt ( not at heirtage though there i just muscle myself in just like everyone else)
     
  11. Jesh

    Jesh New Member

    I picked up two coins via HA Live yesterday. A couple other coins I had bid on I did not do the HA Live, and I was 'Cut bidded' on. I didn't care too much since they were high population, but regardless, since you know only 2 people were bidding on it, you can cut bid and not worry too much. They changed the way cut bid's work this year too, but that is a different story. Here are the two coins I purchased:
     

    Attached Files:

  12. Arizona Jack

    Arizona Jack The Lincoln-ator

    Rule #1 with those........DONT DRINK AND BID !!!!!!!!!!!!!!!!!!!!!!!!!!

    If you are, keep your mouse hand duct taped to your desk.

    :rolling:
     
  13. Jesh

    Jesh New Member

    Never drink and computer... EVER.
     
  14. Numan

    Numan New Member

    Speaking from experience, Jack??:kewl:

    They have a nice feature called "Disable Live Bidding". It will grey out the large "BID" button so no inadvertent errors. I always leave it turned off unless I have determined ahead of time I am going to bid on something coming up.

    Nice coins, Jesh.
    --John
     
  15. 4largecents

    4largecents Goldpan Man

    WELL ALRIGHTY THEN.......LOL. :goofer:
     
  16. Arizona Jack

    Arizona Jack The Lincoln-ator

    LOL,Ya think?

    And yes, nice coins Jesh:smile
     
  17. ML94539

    ML94539 Senior Member

    I watched while I won my dream coin, lot 5835. Now how to pay for it....
     
  18. rlm's cents

    rlm's cents Numismatist

    Rule #2
    Don't wave to friends!
     
  19. rzage

    rzage What Goes Around Comes Around .

    Just won my first Heratige coin a ICG-MS-64 1913 Type 1 Bufallo for $64 buyers fee included , a little less than I would have paid in Chicago , Now I'm gassed I was going to get a 65 but this one is well struck , and the littlest I paid for a coin in a long time .
    rzage
     
  20. Jesh

    Jesh New Member

    Thanks Jack, Numan :)
     
  21. Numan

    Numan New Member

    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
     
Draft saved Draft deleted

Share This Page