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<p>[QUOTE=&quot;Tom B, post: 1907095, member: 11854&quot;]Short answer; Heritage.</p><p><br /></p><p>If you have a $40k coin then you will be able to make a deal whereby you receive <i>higher </i> than 100% of hammer.&nbsp; In general, if a coin hammers (final bid) at $40k then the consignor would receive the hammer price and the auction house receives the buyer&#039;s premium (BP).&nbsp; The BP has inched up to 17.5% recently, but if a buyer spends more than $25k at an auction then the BP is typically reduced to 15%.&nbsp; In this example, hammer at $40k would yield $6k for the auction house in the form of the BP.&nbsp; However, with coins of this magnitude you can negotiate something like 105-110% of the hammer, which means that a $40k hammer could net the seller $42k-$44k instead of only $40k.</p><p><br /></p><p>Heritage has the largest buyer network, the best web presence and attends all the major shows.[/QUOTE]</p><p><br /></p>

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