... or Why I won't be buying from Heritage today.

After reading about a deal a fellow collector got on Heritage, I decide to poke around on the various auction sites today. Here are my thoughts:

On Heritage, the minimum BP is $14, plus shipping of $6+... so I would have to pay at least $20 before the bidding every begins. Sorry, thats just too outrageous for low priced coins. Why would I buy a modern coin for $20 + bid, when I can pick up the same coins on eBay for $5-$10 shipped? I just doesn't make sense for a collector on a budget. I just picked up a 1999 Penn State Quarter PF69UC NGC for $4.14 + 2.99 shipping.. $7.13 total... 1/3 of the price of just the shipping and BP fees for the same coins on Heritage.

Now this is not an attack on these sites... its just that until I win the lottery, and can afford to get a higher priced coin, where $20 is not a real factor, then I'll just have to stick to my current hunting grounds... now, if they dropped those BP on coins under, lets say $100, and reduced their shipping to a more reasonable $3 (it costs 1.76 to ship 1 graded coin... add in supplies + time, and $3.00 is not unreasonable).. then they'd have my attention, and I'd certainly be busy examining all their lots. Til then, thanks, but no thanks.

Just my 2 cents on the subject...

Good Hunting