Heritage raised their fees!

Discussion in 'Coin Chat' started by rlm's cents, Jun 17, 2009.

  1. rlm's cents

    rlm's cents Numismatist

    Has anyone notice that Heritage raised their "Buyer's Premium". It used to say "15% of the successful bid (minimum $9.00 per lot)". It now (as of June) says "15% of the successful bid (minimum $14.00 per lot)"
     
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  3. HandsomeToad

    HandsomeToad Urinist

    It sounds to me like they want to get out of the cheap coin business (less than $100). ;)

    Ribbit :)
     
  4. CrustyCoins

    CrustyCoins Twilight Photographer

    Does not bother me so much, I pretty much only buy gold from them and not counting numismatic values that starts around $250-300 for half eagles.
     
  5. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Well, it is not like people will just stop buying all together from heritage because of this, they will continue to make their money. ;)
    I've never personally bought from them, but plan to in the future, but only if the price is right :D
     
  6. Arizona Jack

    Arizona Jack The Lincoln-ator

    It will only hurt sellers......those that bid figure in that buyers fee.
     
  7. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    people will or will not bid as they see fit, price is secondary to the coins if you want them bad enough.
     
  8. rlm's cents

    rlm's cents Numismatist

    For most coins, you are correct. However, there are several Lincolns that normally go for between $10 (the old minimum) and $14. With their new pricing, they either will not sell or it will be $15 or more. BTW, from what I have been able to glean, most of these coins are Heritage's coins and not consignments.
     
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