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<p>[QUOTE=&quot;C-B-D, post: 1928849, member: 43130&quot;]This year, Heritage and Stack&#039;s &amp; Bower&#039;s are co-hosting major competing auctions at the Summer ANA in Chicago. I have never consigned coins to an auction house before, but this time, I wanted to. Here&#039;s my experience:</p><p><br /></p><p>I lined up 5 coins that based on past auction results I think will bring a minimum of $18,000 total and perhaps well into the $20,000&#039;s. Here are the coins:</p><p>1. 1927-S Standing Liberty 25c PCGS &amp; CAC AU58 OGH</p><p>2. 1814 Capped Bust 50c Single Leaf variety PCGS &amp; CAC AU50 (condition census)</p><p>3. 1806 Draped Bust 50c PCGS AU53</p><p>4. 1835 Capped Bust 50c PCGS MS62</p><p>5. 1820/19 Capped Bust 50c Square Base 2 variety PCGS AU58</p><p><br /></p><p>First I called Heritage. They were very interested in having my coins for the Summer ANA auction, and polite on the phone. They asked that I send them the coins, then they would charge me $20 per coin for the non-CAC&#039;ed coins so that they could send them out. They agreed that I could get 100% of the hammer price (meaning no seller fee). I asked if I could have 5% of the buyer&#039;s premium as well (since a friend of mine said he routinely gets this at Heritage... I know, I was stunned to find this out, too). I was told that in order to qualify for getting 5% of the buyer&#039;s premium (which is 17.5% for them), that I had to apply as a dealer and submit my Federal ID and tax number, which I don&#039;t have since I&#039;m just a small online dealer. </p><p><br /></p><p>Next I called Stack&#039;s &amp; Bower&#039;s. They were very interested in my coins as well. I was told that they were auctioning off a newly discovered 1817/4 Capped Bust Half in a PCGS VF details, tooled holder at the Summer ANA, thus drawing more attention to that series and my coins if I consign with them.&nbsp; THAT was a good selling point for me!&nbsp; I asked them if I could have 100% of the hammer price and 5% of the buyer&#039;s premium. He counter-offered at 3% of the buyer premium and said he would send my 3 un-CAC&#039;d coins to CAC for free and I could ship the coins to them for free using their account. I countered at 4%, and he agreed. </p><p><br /></p><p>No applications, no fuss, and they set up an account for me right then and there. I get 104% of the final price, 3 coins sent to CAC for free, and it doesn&#039;t cost me a dime to ship them out. Well played S&amp;B! You made it easy, fast, hassle-free, you advertise my coins well, and I get maximum profits. I am one happy guy![/QUOTE]</p><p><br /></p>

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