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Heritage Coin Auction Question



 
 
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  #1  
Old September 4th 07, 04:57 AM posted to rec.collecting.coins
Michael Ng
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Posts: 156
Default Heritage Coin Auction Question

Hi,

I have a question. For Heritage Coin Auctions, does the seller get
the full hammer price, or is there a seller commission on the hammer
price too?

Thanks,

Mike
Ads
  #2  
Old September 4th 07, 01:21 PM posted to rec.collecting.coins
Bill Dukenfield
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Posts: 213
Default Heritage Coin Auction Question

Michael Ng wrote:

Hi,

I have a question. For Heritage Coin Auctions, does the seller get
the full hammer price, or is there a seller commission on the hammer
price too?

Thanks,

Mike


There is no way for you to know. The contract between the consignor and
the auctioneer can have a wide variety of conditions and fees. Some
large consignors do not pay a fee. Many coins in large auctions do not
sell.

JAM
  #3  
Old September 5th 07, 02:34 PM posted to rec.collecting.coins
M K
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Posts: 125
Default Heritage Coin Auction Question

Michael Ng wrote:
Hi,

I have a question. For Heritage Coin Auctions, does the seller get
the full hammer price, or is there a seller commission on the hammer
price too?

Thanks,

Mike


While some of this is negotiable depending on who you are the std. fee
is 5% .

  #4  
Old September 5th 07, 02:51 PM posted to rec.collecting.coins
Mr. E.
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Posts: 99
Default Heritage Coin Auction Question

On Sep 4, 8:21 am, Bill Dukenfield wrote:

There is no way for you to know. The contract between the consignor and
the auctioneer can have a wide variety of conditions and fees. Some
large consignors do not pay a fee. Many coins in large auctions do not
sell.


So, in other words, you haven't a clue and just felt your usual need
to bloviate.



 




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