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If you got a 2 pt. upgrade, would you sell via the same auction co. and so soon?

39 posts in this topic

While it did upgrade 2 points will be interesting to see what it sells for I'm thinking closer to the $6300.00 price than the $9300.00 price.Hard to predict the future these days.Still comes down to what somebody will pay on any given day more than the grade i hope.
Really?? These are the last three lots sold by Heritage ,, None of them were Stars

Lot Date Grade Service Realized

Auction 1114, Lot 10 Sunday, August 3, 2008 67 NGC $9,200.00

Auction 430, Lot 2786 Saturday, February 17, 2007 67 NGC $7,475.00

Auction 414, Lot 5111 Monday, August 14, 2006 67 NGC $8,050.00

I agree that it will sell closer to (if not above) the higher price above, as opposed to the lower one.

 

Patrick, I'm still curious as to what you think Heritage did wrong?

In truth I can't say they did anything Wrong.

I just can't say that they did anything. Absolutely nothing to earn their %.

And in their ineptitude and sloth they cost their Client a possible $3,000.00 plus.

 

Now what I would like to know is if they were the high bidder.

What was their "ineptitude" and "sloth" in this case? And they earned their % by cataloging the coin and exposing it to a huge audience via their catalogs, the internet and lot viewing. If you don't feel they earned it, how often DO you feel that an auction house earns their commission?
I have to go out in a few so I'll let Heritage speak;;;;;;

Time To Sell?

Consigning your collectible to one of Heritage's numerous auctions is a rewarding experience. Whether you are a lifelong collector, new to the hobby, or the recipient of an inheritance, the decision to auction part or all of a collection is an important step. We can help you make that decision. Thanks to the care with which we handle your items, Heritage also ensures that it is a safe and worry-free experience.

 

Take The First Step With Professionals

From the minute your collection arrives in our Dallas world headquarters, Heritage's staff of professionals start evaluating your collectible, and developing strategies that will maximize the prices realized at auction. Furthermore, our trained support staff safeguards your items and husbands them from one secured location to another as they move through the consignment process.

 

Your Primary Contact

As a consignor, the most important person that you will know at Heritage is your Consignment Director. This specialist will personally oversee every stage of your consignment, from evaluating your items when they first arrive in our office, to reviewing your prices realized at the close of the auction. Your Consignment Director kicks off the consignment process by sending an e-mail that announces the pending arrival of your items. This e-mail alerts the requisite members of the Heritage staff so that they can prepare to process your collection. Pertinent information, such as your name and identification number (for pre-existing clients), the expected date of arrival, any special cataloging instructions, and the insured value of your collection, is included in this e-mail.

 

And;;;;

 

 

As the world's largest collectibles auctioneer, Heritage brings our diverse collecting expertise, huge client base, technical savvy, marketing prowess and financial power to the table in order to make sure you get the most for your treasures. Heritage Rare Coin Galleries and Heritage Numismatic Auctions, divisions of Heritage Auction Galleries, are the world's largest numismatic dealers and auctioneers. Heritage has achieved this status through determination, hard work, and by consistently producing results for our clients that met or exceeded their expectations. Throughout the hundreds and hundreds of auctions we have held, our ability to get the job done on time and as promised has never faltered. Heritage Auction Galleries is the world's largest auctioneer of art & collectibles, including coins, currency, comics, comic art, illustration art, pop culture memorabilia (Hollywood and entertainment memorabilia, and celebrity autographs and memorabilia), sportscards and memorabilia, decorative arts and antiquities, antique silver, fine art, jewelry & timepieces and more.

 

 

 

 

Whether you have an extensive collection, or just a few rare specimens from a diversified asset portfolio, we welcome your inquiry and look forward to helping you receive the most for your collectibles.

 

 

From the minute your collection arrives in our world headquarters in Dallas, Texas, Heritage's staff of professionals start evaluating your collectibles, and developing strategies that will maximize the prices realized at auction. Furthermore, our trained support staff safeguards your items from one secured location to another as they move through the consignment process. Learn more about consigning your collection at Heritage "From Consignment to Settlement", or view our award-winning coins and currency video, or our collectibles video.

 

 

Heritage delivers Bidders - 403,495 Members

Heritage delivers Demand - 97,621 items in our Want Lists

Heritage delivers Value - Heritage sold $716,632,099 at auction and in private treaty sales over the past 12 months.

Experienced Dealer Auctioneer, since 1976

Official Auctioneer of many major conventions, reaching collectors throughout most collectible categories

Record-setting prices realized, over $3 billion in total sales of rare collectibles

Call or e-mail for our low seller's commission rates

Unparalleled grading experience

State-of-the-art digital photography

The finest printed and on-line catalogs

Over $7 million in annual Marketing and Advertising promotion of auctions

Award winning web site that brings your items directly to collectors

A wide selection of auction venues insures the perfect spot for your collectibles

Heritage has been in business since 1976, grown by the same leadership that directs the company today. Heritage is staffed by seasoned professionals that know the industry and how to get the most for your consignment. Meet our Consignment Director team.

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While it did upgrade 2 points will be interesting to see what it sells for I'm thinking closer to the $6300.00 price than the $9300.00 price.Hard to predict the future these days.Still comes down to what somebody will pay on any given day more than the grade i hope.
Really?? These are the last three lots sold by Heritage ,, None of them were Stars

Lot Date Grade Service Realized

Auction 1114, Lot 10 Sunday, August 3, 2008 67 NGC $9,200.00

Auction 430, Lot 2786 Saturday, February 17, 2007 67 NGC $7,475.00

Auction 414, Lot 5111 Monday, August 14, 2006 67 NGC $8,050.00

I agree that it will sell closer to (if not above) the higher price above, as opposed to the lower one.

 

Patrick, I'm still curious as to what you think Heritage did wrong?

In truth I can't say they did anything Wrong.

I just can't say that they did anything. Absolutely nothing to earn their %.

And in their ineptitude and sloth they cost their Client a possible $3,000.00 plus.

 

Now what I would like to know is if they were the high bidder.

What was their "ineptitude" and "sloth" in this case? And they earned their % by cataloging the coin and exposing it to a huge audience via their catalogs, the internet and lot viewing. If you don't feel they earned it, how often DO you feel that an auction house earns their commission?
I have to go out in a few so I'll let Heritage speak;;;;;;

Time To Sell?

Consigning your collectible to one of Heritage's numerous auctions is a rewarding experience. Whether you are a lifelong collector, new to the hobby, or the recipient of an inheritance, the decision to auction part or all of a collection is an important step. We can help you make that decision. Thanks to the care with which we handle your items, Heritage also ensures that it is a safe and worry-free experience.

 

Take The First Step With Professionals

From the minute your collection arrives in our Dallas world headquarters, Heritage's staff of professionals start evaluating your collectible, and developing strategies that will maximize the prices realized at auction. Furthermore, our trained support staff safeguards your items and husbands them from one secured location to another as they move through the consignment process.

 

Your Primary Contact

As a consignor, the most important person that you will know at Heritage is your Consignment Director. This specialist will personally oversee every stage of your consignment, from evaluating your items when they first arrive in our office, to reviewing your prices realized at the close of the auction. Your Consignment Director kicks off the consignment process by sending an e-mail that announces the pending arrival of your items. This e-mail alerts the requisite members of the Heritage staff so that they can prepare to process your collection. Pertinent information, such as your name and identification number (for pre-existing clients), the expected date of arrival, any special cataloging instructions, and the insured value of your collection, is included in this e-mail.

 

And;;;;

 

 

As the world's largest collectibles auctioneer, Heritage brings our diverse collecting expertise, huge client base, technical savvy, marketing prowess and financial power to the table in order to make sure you get the most for your treasures. Heritage Rare Coin Galleries and Heritage Numismatic Auctions, divisions of Heritage Auction Galleries, are the world's largest numismatic dealers and auctioneers. Heritage has achieved this status through determination, hard work, and by consistently producing results for our clients that met or exceeded their expectations. Throughout the hundreds and hundreds of auctions we have held, our ability to get the job done on time and as promised has never faltered. Heritage Auction Galleries is the world's largest auctioneer of art & collectibles, including coins, currency, comics, comic art, illustration art, pop culture memorabilia (Hollywood and entertainment memorabilia, and celebrity autographs and memorabilia), sportscards and memorabilia, decorative arts and antiquities, antique silver, fine art, jewelry & timepieces and more.

 

 

 

 

Whether you have an extensive collection, or just a few rare specimens from a diversified asset portfolio, we welcome your inquiry and look forward to helping you receive the most for your collectibles.

 

 

From the minute your collection arrives in our world headquarters in Dallas, Texas, Heritage's staff of professionals start evaluating your collectibles, and developing strategies that will maximize the prices realized at auction. Furthermore, our trained support staff safeguards your items from one secured location to another as they move through the consignment process. Learn more about consigning your collection at Heritage "From Consignment to Settlement", or view our award-winning coins and currency video, or our collectibles video.

 

 

Heritage delivers Bidders - 403,495 Members

Heritage delivers Demand - 97,621 items in our Want Lists

Heritage delivers Value - Heritage sold $716,632,099 at auction and in private treaty sales over the past 12 months.

Experienced Dealer Auctioneer, since 1976

Official Auctioneer of many major conventions, reaching collectors throughout most collectible categories

Record-setting prices realized, over $3 billion in total sales of rare collectibles

Call or e-mail for our low seller's commission rates

Unparalleled grading experience

State-of-the-art digital photography

The finest printed and on-line catalogs

Over $7 million in annual Marketing and Advertising promotion of auctions

Award winning web site that brings your items directly to collectors

A wide selection of auction venues insures the perfect spot for your collectibles

Heritage has been in business since 1976, grown by the same leadership that directs the company today. Heritage is staffed by seasoned professionals that know the industry and how to get the most for your consignment. Meet our Consignment Director team.

Let's not forget, that even in an MS65 holder, the coin sold for a large premium over what an MS66 typically brings. What if NGC had re-graded it as a 66 (or a 65) and not a 67? Would Heritage have been a hero then?

 

Without having any additional information at our disposal, I think it's unfair to blame Heritage for anything. A seller's/auctioneer's performance shouldn't be judged based simply upon how a coin does when it is subsequently re-graded.

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The only thing that I would be interested knowing is whether or not the consignor was happy with the results of the auction. All of this back-and-forth banter seems meaningless without that one tiny, but all-important bit of information.

 

Chris

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The only thing that I would be interested knowing is whether or not the consignor was happy with the results of the auction. All of this back-and-forth banter seems meaningless without that one tiny, but all-important bit of information.

 

Chris

I am walking out the door so I am going to be brief...

First it's not banter. Second, It doesn't matter whether the original consignor was happy or not.

Although I am sure that he's ecstatic over losing 3K Plus while Heritage will pocket big bucks at his detriment.

 

And if Heritage did "Win" the coin in it's own auction the fact that they are the ones making the 3K Plus must really make him happy.

 

Obviously you didn't read the Quotes I posted from Heritages Own website.

 

Let's not forget, that even in an MS65 holder, the coin sold for a large premium over what an MS66 typically brings. What if NGC had re-graded it as a 66 (or a 65) and not a 67? Would Heritage have been a hero then?

 

Without having any additional information at our disposal, I think it's unfair to blame Heritage for anything. A seller's/auctioneer's performance shouldn't be judged based simply upon how a coin does when it is subsequently re-graded.

_________________________

 

The problem I Have is that EVERYONE ,,, Including you I think, Knew this coin was a Killer and Nobody even thought to give it a shot at an upgrade??

 

Wow....

 

To me this is by definition "Odorous"

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The only thing that I would be interested knowing is whether or not the consignor was happy with the results of the auction. All of this back-and-forth banter seems meaningless without that one tiny, but all-important bit of information.

 

Chris

I am walking out the door so I am going to be brief...

First it's not bantor. Second, It doesn't matter wether the original consignor was happy or not.

Although I am sure that he's estatic over losing 3K Plus while Heritage will pocket big bucks at his detriment.

 

And if Heritage did "Win" the coin in it's own auction the fact that they are the ones making the 3K Plus must really make him happy.

 

Obviously you didn't read the Quotes I posted from Heritages Own website.

 

Let's not forget, that even in an MS65 holder, the coin sold for a large premium over what an MS66 typically brings. What if NGC had re-graded it as a 66 (or a 65) and not a 67? Would Heritage have been a hero then?

 

Without having any additional information at our disposal, I think it's unfair to blame Heritage for anything. A seller's/auctioneer's performance shouldn't be judged based simply upon how a coin does when it is subsequently re-graded.

_________________________

 

The problem I Have is that EVERYONE ,,, Including you I think, Knew this coin was a Killer and Nobody even thought to give it a shot at an upgrade??

 

Wow....

 

To me this is by definition "Oderous"

You seem to keep ignoring the fact that it brought between 66 and 67 money, and there was no way to know it would up-grade to MS67 upon resubmission. And once re-graded, it would lose the appeal of being in an older holder.

 

If it had re-graded as an MS65 or MS66, the buyer would be doing extremely poorly. For all we know, the consignor could be extremely sharp, thought the coin was an MS66 and that it would do better being sold in the old holder as an under-graded coin. For all we know, Heritage owned the coin. But you keep making assumptions without having all of the relevant facts.

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First it's not bantor.

 

I know it isn't! It's b-a-n-t-e-r.

 

Second, It doesn't matter wether the original consignor was happy or not.

 

Oh, I see. The person who owned the coin has no say in the matter. It's your sense of decency that has been offended.

 

Obviously you didn't read the Quotes I posted from Heritages Own website.

 

Yes, I have read every post, and the topic is just going back and forth with the same comments in every post and I am getting very bored.

 

The problem I Have is that EVERYONE ,,, Including you I think, Knew this coin was a Killer and Nobody even thought to give it a shot at an upgrade??

 

What extra sense do you possess that tells you without a doubt that Heritage did not already discuss this with the consignor? And, as Mark has said more than once, "What if it was submitted and it came back the same grade?" What if it came back as 66? Do you think it would have gotten STRONG 66 money? What makes you think the consignor didn't consider these possibilities beforehand, and decided that he/she didn't want to risk resubmitting?

 

 

I guess old age is having too much of a detrimental effect on me, but it does get a little tiring to see a thread go on and on and on and on and on when it should have ended some time ago.

 

Chris

 

 

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First it's not bantor.

 

I know it isn't! It's b-a-n-t-e-r.

 

Second, It doesn't matter wether the original consignor was happy or not.

 

Oh, I see. The person who owned the coin has no say in the matter. It's your sense of decency that has been offended.

 

Obviously you didn't read the Quotes I posted from Heritages Own website.

 

Yes, I have read every post, and the topic is just going back and forth with the same comments in every post and I am getting very bored.

 

The problem I Have is that EVERYONE ,,, Including you I think, Knew this coin was a Killer and Nobody even thought to give it a shot at an upgrade??

 

What extra sense do you possess that tells you without a doubt that Heritage did not already discuss this with the consignor? And, as Mark has said more than once, "What if it was submitted and it came back the same grade?" What if it came back as 66? Do you think it would have gotten STRONG 66 money? What makes you think the consignor didn't consider these possibilities beforehand, and decided that he/she didn't want to risk resubmitting?

 

 

I guess old age is having too much of a detrimental effect on me, but it does get a little tiring to see a thread go on and on and on and on and on when it should have ended some time ago.

 

Chris

 

Im sorry I was dealing in the reality of the coin moving up 2 points and recieving a star.

 

So to lay rest to this I will be sending an email to Heritage Monday morning to invite them here to get some facts and then we can continue the story from there.

 

I didn't bring it up but in my opinion it's a pretty :censored:up deal and I think they need to explain some things.

 

I don't buy as much as I used to from Heritage but I won't be buying at all and I won't consign anything to them till I get a response.I also won't recommend them to any of my friends for buying or consignment.

 

 

 

 

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I agree with Mark about having Heritage look at the coin before it is submitted. Plus, I also agree that these dealers who are doing this do not even think about how it looks to others. They just do it.

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Do we know what the consignor of the coin paid originally? No

Do we know how many times it was submitted since July of this year? No

How many timed do we see ncg fatty holder coins upgrade? A lot

How many times do we see ncg fatty holdered coins go for moon money? A lot

 

So now we are just seeing what is almost expected when a great coin in an old ngc fatty holder sells at Auction and the new buyer attempts an upgrade because he is an obvious flipper and couldn't give a hoot about preserving the old ngc fatty holders and just wants to make coin.

 

Again it didn't sell for ms65 money, it sold for ms66+ money which supports everything that took place, it was a great coin and the bidders knew it. I am sure people at Heritage knew it but the consignor whomever he was wanted it to stay in the ngc fatty holder due to its possibilities.

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