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High versus low auction premiums: buying versus selling
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<p>[QUOTE="KBBPLL, post: 26519833, member: 104064"]Seems to me that your sample size is too small and there are too many variables to draw any conclusions about auction houses. Just in the 5 Heritage MS66+ coins that I think you're looking at there are 3 VAM3, 1 VAM 8, 1 unattributed. 3 PCGS and 2 NGC. 2 CAC. There's a $7200 outlier that was in the PCGS #1 set. If you expand your one year criteria by a little over a month, you've got one that sold 9/24/24 for $8400 (a GSA). That would pull the Heritage average way up. Etc. </p><p><br /></p><p>I would include the plain MS66, then at least you have 24 data points for Heritage. Or two years' worth. </p><p><br /></p><p>To me personally the buyer's premium has little impact on which site I purchase from, because I factor that into my bids and I think most people do unless they're crazy about a specific coin. Thus as a seller you're clearly better off with the one with a lower BP.[/QUOTE]</p><p><br /></p>
[QUOTE="KBBPLL, post: 26519833, member: 104064"]Seems to me that your sample size is too small and there are too many variables to draw any conclusions about auction houses. Just in the 5 Heritage MS66+ coins that I think you're looking at there are 3 VAM3, 1 VAM 8, 1 unattributed. 3 PCGS and 2 NGC. 2 CAC. There's a $7200 outlier that was in the PCGS #1 set. If you expand your one year criteria by a little over a month, you've got one that sold 9/24/24 for $8400 (a GSA). That would pull the Heritage average way up. Etc. I would include the plain MS66, then at least you have 24 data points for Heritage. Or two years' worth. To me personally the buyer's premium has little impact on which site I purchase from, because I factor that into my bids and I think most people do unless they're crazy about a specific coin. Thus as a seller you're clearly better off with the one with a lower BP.[/QUOTE]
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High versus low auction premiums: buying versus selling
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