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Will Heritage Start to Run Out of Steam?

Started by batman_fan,

58 posts in this topic

rob_react

rob_react

Posted
Posted
I haven't been too impressed with the previous auctions over the past 6 months, too much junk or so-so books.

 

confused.gif

 

I was referring to the selection of SA books lately. I think auctions earlier in 2005 have had a better selection of the popular Marvel titles than of late.

 

Okay. I barely noticed. The GA selections were insane.

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Thegoldenage

Thegoldenage

Posted
Posted

With JP's inventory gone (at least I am assuming it is), will Heritage's future auctions have the same magnitude of material they have in the past? I am not sure if the latest preview items are for the May auction, but if it is, not too impressive.

 

My guess would be that there will always be a good selection of quality material. JP was far from the only person who had quality books. May is only 4 months away.

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tth2

tth2

Posted
Posted
I was referring to the selection of SA books lately. I think auctions earlier in 2005 have had a better selection of the popular Marvel titles than of late.

I've never thought much of the SA Marvel selection on Heritage. But that's not surprising. With so many Marvel-centric sites such as eBay, Comiclink, Pedigree, HighGrade, etc., why would any seller want to sell on Heritage and lose such a big chunk to Heritage's fees? I doubt if Heritage reaches many Marvel buyers who don't regularly check these sites out. On the other hand, Heritage seems to reach a lot of incremental GA and SA DC buyers who don't frequent the other sites as much.

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Silver Surfer

Silver Surfer

Posted
Posted
I was referring to the selection of SA books lately. I think auctions earlier in 2005 have had a better selection of the popular Marvel titles than of late.

I've never thought much of the SA Marvel selection on Heritage. But that's not surprising. With so many Marvel-centric sites such as eBay, Comiclink, Pedigree, HighGrade, etc., why would any seller want to sell on Heritage and lose such a big chunk to Heritage's fees? I doubt if Heritage reaches many Marvel buyers who don't regularly check these sites out. On the other hand, Heritage seems to reach a lot of incremental GA and SA DC buyers who don't frequent the other sites as much.

 

The selction about a year ago was pretty darn good but you are correct as Comiclink and Pedigree have spectacular book after spectacular book listed now for a long time. First Heritage increases the minimum bid structure and now the fees. I'm looking at their current auction that expires at thend of the month and I don't see how they can make any money with what they have on display.

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RareHighGrade

RareHighGrade

Posted
Posted

Will Heritage Start to Run Out of Steam?

 

With the new 19.5% BP I'd say they already are.

 

I just took a quick look at the Terms and Conditions listed on the Heritage site, and it still says that the buyer's premium for comic auctions is 15%. Other types of auctions are 19.5%:

 

BUYER’S PREMIUM:

2. On bids placed through Heritage, a Buyer’s Premium of fifteen percent (15%) for Heritage Numismatic Auctions Inc, Heritage-CAA, and Heritage Comics Auctions and Heritage Movie Posters or nineteen and one-half percent (19.5%) for Heritage Sports Collectibles, Heritage Music & Entertainment Memorabilia, Heritage Art Auctions, Heritage Americana and Heritage Galleries & Auctioneers of the hammer price will be added to the successful bid. If the bid is placed through eBay Live a Buyer’s Premium equal to the normal Buyer’s Premium plus an additional five percent (5%) of the hammer price will be added to the successful bid up to a maximum Buyer’s Premium of Twenty Two and one-half percent (22.5%). There is a minimum Buyer’s Premium of $9.00 per lot.

 

This looks pretty clear to me. But if I am looking at the wrong information, let me know.

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adamstrange

adamstrange

Posted
Posted

Will Heritage Start to Run Out of Steam?

 

With the new 19.5% BP I'd say they already are.

 

I just took a quick look at the Terms and Conditions listed on the Heritage site, and it still says that the buyer's premium for comic auctions is 15%. Other types of auctions are 19.5%:

 

BUYER’S PREMIUM:

2. On bids placed through Heritage, a Buyer’s Premium of fifteen percent (15%) for Heritage Numismatic Auctions Inc, Heritage-CAA, and Heritage Comics Auctions and Heritage Movie Posters or nineteen and one-half percent (19.5%) for Heritage Sports Collectibles, Heritage Music & Entertainment Memorabilia, Heritage Art Auctions, Heritage Americana and Heritage Galleries & Auctioneers of the hammer price will be added to the successful bid. If the bid is placed through eBay Live a Buyer’s Premium equal to the normal Buyer’s Premium plus an additional five percent (5%) of the hammer price will be added to the successful bid up to a maximum Buyer’s Premium of Twenty Two and one-half percent (22.5%). There is a minimum Buyer’s Premium of $9.00 per lot.

 

This looks pretty clear to me. But if I am looking at the wrong information, let me know.

 

Reading the fine print! What are you, a lawyer? poke2.gif

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adamstrange

adamstrange

Posted
Posted
Reading the fine print! What are you, a lawyer? poke2.gif

 

Hey! There's no need for name calling!!! 893naughty-thumb.gif

 

flowerred.gif RHG

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esquirecomics

esquirecomics

Posted
Posted

Will Heritage Start to Run Out of Steam?

 

With the new 19.5% BP I'd say they already are.

 

I just took a quick look at the Terms and Conditions listed on the Heritage site, and it still says that the buyer's premium for comic auctions is 15%. Other types of auctions are 19.5%:

 

BUYER’S PREMIUM:

2. On bids placed through Heritage, a Buyer’s Premium of fifteen percent (15%) for Heritage Numismatic Auctions Inc, Heritage-CAA, and Heritage Comics Auctions and Heritage Movie Posters or nineteen and one-half percent (19.5%) for Heritage Sports Collectibles, Heritage Music & Entertainment Memorabilia, Heritage Art Auctions, Heritage Americana and Heritage Galleries & Auctioneers of the hammer price will be added to the successful bid. If the bid is placed through eBay Live a Buyer’s Premium equal to the normal Buyer’s Premium plus an additional five percent (5%) of the hammer price will be added to the successful bid up to a maximum Buyer’s Premium of Twenty Two and one-half percent (22.5%). There is a minimum Buyer’s Premium of $9.00 per lot.

 

This looks pretty clear to me. But if I am looking at the wrong information, let me know.

 

I see no evidence that their policy has changed either. So unless Metro (which created the 19.5% thread) has some inside knowledge that we do not have (and I am e-mail Heritage management to inquire), they are mistaken and misreading the above. sumo.gif

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nearmint

nearmint

Posted
Posted
I am starting to see some more interesting stuff show up for the May auction, but still no major key.

 

No Nedors yet, but a nice 6.0 copy of Action #37.

 

And another high-grade Superman #2(a paltry 8.0 this time).

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nearmint

nearmint

Posted
Posted
And another high-grade Superman #2(a paltry 8.0 this time).

 

Wow. Another one.

 

Wonder if it will get more than the $15,500 I got for mine (bought from Heritage months earlier for $11,500) last year?

 

Might be the same copy. No images up yet for that book, but the page quality is the same as yours.

 

 

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greggy

greggy

Posted
Posted

Will Heritage Start to Run Out of Steam?

 

With the new 19.5% BP I'd say they already are.

 

I just took a quick look at the Terms and Conditions listed on the Heritage site, and it still says that the buyer's premium for comic auctions is 15%. Other types of auctions are 19.5%:

 

BUYER’S PREMIUM:

2. On bids placed through Heritage, a Buyer’s Premium of fifteen percent (15%) for Heritage Numismatic Auctions Inc, Heritage-CAA, and Heritage Comics Auctions and Heritage Movie Posters or nineteen and one-half percent (19.5%) for Heritage Sports Collectibles, Heritage Music & Entertainment Memorabilia, Heritage Art Auctions, Heritage Americana and Heritage Galleries & Auctioneers of the hammer price will be added to the successful bid. If the bid is placed through eBay Live a Buyer’s Premium equal to the normal Buyer’s Premium plus an additional five percent (5%) of the hammer price will be added to the successful bid up to a maximum Buyer’s Premium of Twenty Two and one-half percent (22.5%). There is a minimum Buyer’s Premium of $9.00 per lot.

 

This looks pretty clear to me. But if I am looking at the wrong information, let me know.

 

I see no evidence that their policy has changed either. So unless Metro (which created the 19.5% thread) has some inside knowledge that we do not have (and I am e-mail Heritage management to inquire), they are mistaken and misreading the above. sumo.gif

Someone else posted in the Metro thread that the preview for the next auction shows the 19.5% buyer's premium. I did check one of the upcoming auctions and it did (at least a few days ago) show the 19.5% premium. confused-smiley-013.gif
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