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<p>[QUOTE=&quot;Asher, post: 24659735, member: 80285&quot;]No fault but my own in this situation.</p><p><br /></p><p>Firstly, I assumed Heritage operates their auction bidding like eBay. Specifically, a user makes a bid that is the highest bid, but the display only shows a bid amount that is marginally above the 2nd highest. Additional bidders can keep bidding up the price while not becoming the highest bidder. Once a bid is above the bid of the (hidden) highest bid, then that bidder becomes the highest bid. There&#039;s probably a word/phrase that describes this kind of bidding.</p><p><br /></p><p>Secondly, my bid of $500 (CDN: $450 Wholesale) wins the auction but the invoice is <b>$656.88</b>. WTF? Ok, I learn 20% buyers premium, $40 sales tax, $20 handling. eBay live BINs are $694 and $599. Using the filter: &quot;Twenty Cent Pieces in Mint Location:San Francisco, Date:1875, Grade:AU 58, Certification:NGC|PCGS, Show Only:Sold,Completed&quot;:</p><ul> <li>620 - BIN</li> <li>521 - 2 bids</li> <li>858 (CAC) 24 bids</li> </ul><p>So it seems I overbid by at least $100. How can I possibly resell this coin unless it gets CAC graded? Also I artificially increased the value.</p><p><br /></p><p>Here is the coin in question followed by Heritage comps</p><p>[ATTACH=full]1571792[/ATTACH]</p><p>Here are the comps (which I just learned about):</p><p>[ATTACH=full]1571803[/ATTACH][/QUOTE]</p><p><br /></p>

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