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<p>[QUOTE=&quot;swhuck, post: 837005, member: 21044&quot;]I believe that most of the questions have been answered elsewhere in the thread, and quite well. We&#039;re certainly happy to hear all the kind words!</p><p>&nbsp;</p><p>If you&#039;re going to be at the show, it&#039;s probably worth it to wander over to the auction while it&#039;s in progress just to see how it works. You don&#039;t need to be registered to attend, but you do need to be specifically registered to place a floor bid.</p><p>&nbsp;</p><p>Also, take a look at the website (coins.ha.com) and review the coins you&#039;re interested in. Everything in the Fort Worth auction will be on site for personal inspection, regardless of whether it&#039;s in the floor auction on Thursday and Friday or in the online only part of the auction on Saturday and Sunday.</p><p>&nbsp;</p><p>There is no dress code unless you&#039;re working the auction for Heritage. We know very well how coin dealers dress. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Also, refreshments (and sometimes dinner) are provided.</p><p>&nbsp;</p><p>Barber halves will be in either the Thursday night session (for the expensive ones) or the Saturday internet-only session.</p><p>&nbsp;</p><p>The word on &quot;dummy bidders&quot;, both from official policy and my own experience: </p><ul> <li>Heritage does not place bids during floor sessions of our auctions.</li> <li>Heritage employees are not permitted to bid from the floor on their own or on the company&#039;s behalf during a floor auction. We are permitted to bid in Heritage auctions on our own behalf by other methods; after all, a lot of us, including myself, are collectors as well!</li> <li>Heritage does not place bids just to drive up prices (shill bid). This is both illegal and unethical.</li> <li>Heritage does not place bids to impose a reserve. Reserves are implemented separately, generally about a week before floor auctions. Once the reserves are in place, no bids will be accepted below the reserve amount.</li> <li>Heritage will place bids on items in our own auctions in order to buy them for inventory or resale in a future auction. These are the same items that we would be bidding on if they appeared in somebody else&#039;s auctions. All such bids are placed before the floor sessions.</li> </ul><p>If you do see a Heritage employee bidding during the auction, it is always on behalf on a client, and it&#039;s generally pretty obvious what is happening. These might be:</p><ol> <li>A book bid -- representing the highest existing Internet, mail/fax, or written bid. This is always placed from the podium.</li> <li>A Heritage Live bid -- representing a live bid placed from someone watching the auction from his computer through our Heritage Live software. This is also always placed from the podium.</li> <li>A phone bid. This is self-explanatory and obvious when it happens. These are generally placed from the first row or two of the auction floor and always placed by someone who is on the phone with a live bidder.</li> <li>A proxy bid. We have some buyers who do not want their bids entered into our system before the auction (or who turn their bids in too late to get them entered into the system), and in these cases, one of our people will be on the auction floor or the podium with a written list of bids in hand. This otherwise works the same way as a book bid.</li> </ol><p>By the way -- if you&#039;re only 30 miles away, where are you located? I might have a coin club or two to point you at. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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