Selling Coins at Heritage vs GreatCollections - a comparison

[@jeemalsoknownasjimhawkins1294]

Great video! I have been buying and selling with Great Collections for years and could not be more pleased! Cheers.

[@khalidmessaoudi1649]

Hello

[@coolbreeze6198]

I'm glad you made this one !!! I've been wondering about this for a long time, thanks !!!

[@PaulLorenzini-ny2yw]

Great information for a new collector/speculator, subscribed because of it thanks!!

[@berlinbooth902]

Thank you appreciate this information had some coins graded last year. I needed this info sending them to auction this week. Now to find the info on sending coins to auction

[@JohnD357]

Good analysis. Personally, I have no problem with the photos on Great Collections. I think they're ample in size and clarity.

[@GDSavingThePast]

Great video. Thanks for taking the time to do the comparison. GD

[@Samscoinsandheavymetal]

Good video. I will say from personal experience if you go through heritage it’s extremely helpful if you have an in, meaning someone with a preferred status account I sold off my collection of AU55/58 Barber Half dollars and having a dealer friend of mine having an account with heritage where he gets 108% of hammer allowed him to give me 100% of hammer When the buyers are paying a 20% BP, that surely affects bidding Generic consignors with no status will get porked on both ends Getting less than 100% hammer and the bidding squelched by the 20% BP vs. GC 10% THe other thing is you want to make sure your coins get in a major auction like the ANA or FUN, not some secondary auction In closing if you don’t have an inside connection and or you don’t have super rare or super valuable coins, I’m not going to put a number on what that threshold is but I would say if the average point is not at least a four figure going to be better off going to great collections in my opinion

[@alwaysseekingsilver]

Great video. I’ve purchased from both but never sold on either. With Heritage, they also charge 2.5% of the total (hammer + 20% buyers premium + shipping) if you use a credit card. Like you said, Great Collections charges only 12.5% Buyers Premium, discounted to 10% for wire/ACH/check. I’ve had more success with GC auctions as a buyer, and I like that their auctions end on Sundays so I can bid last minute, where it seems the Heritage auctions end mid-week when it’s tougher for me to watch the auction end. GC’s shipping costs seem more reasonable too, in my opinion, and they ship fast.

[@maxlebow7373]

Excellent analysis

[@Ontario100]

Excellent information. I have never sold coins through anything but eBay. I hear good things about Great Collections too. Thanks 👍

[@premiumtonedcoins]

If a coin is valued at over $1k, then Great Collections is much better than eBay due to lower net fees and a better audience to buy. But sub $1k, I'd say they are a toss up.

[@Ontario100]

@@premiumtonedcoins Thanks!! 👍

[@Servando-z6c]

​@premiumtonedcoins I got the 1975 dime mint mark are you interested to buy it??

[@mrparrehesian1742]

Your video helped make the decision to sell at GC. Took several months for the sale to appear but how many people are willing to pay over 5k for a coin? Pretty happy but had to call them up to get payment sent as it was getting close to 21 days after the sale.

[@_CYB0RG_]

I was thinking Heritage is 15% buyers premium…so Heritage is getting the money at BOTH ends of the deal…HOLY COW !! If I do any selling it will be Great Collections. I have already instructed my kids to sell my coins thru Great Collections after I pass on, IF they want to sell the collection or even if they only wanna sell a few

[@robertcook5201]

Thanks good information

[@williamkechkaylo7915]

i agree with you about HA don't forget, if you pay with cc, add %5!!! to buyer. i bought only once and probably never again. i wasn't aware of the cc fee. never tried G.C. but i'm going to check them out.

[@tylonnplatinumthe3rd659]

Those are interesting details between the two auction houses and I’ll have to keep that in mind when the time comes. What are you expecting to get out of those two Indian cents ? I really like that 1880

[@premiumtonedcoins]

Thanks Tylonn. If I net $1200 after fees, I'd be happy. It's awesome with some great rim toning. Just trying to trade some in for another coin I really want.

[@alexcardoza2838]

@@premiumtonedcoins i have a coin of 25 cents of the year 1912 - 2008

[@Jabshier1980]

Both are good auction houses I prefer heritage only when I’m looking for rarer German coins in higher grades …. GC seems to sell a lot lower end German coins that I’m not really looking for I’ve bidding on few coins on GC and got them when I wanted … both are good but heritage gets my vote over GC when looking for better higher quality coins

[@silversurfer1986]

Excellent information. I am slightly confused though. How does GC make their money then if it doesn't charge a sellers fee? Can you elaborate more on that? you said 1K no fee?

[@tylonnplatinumthe3rd659]

They probably make most of the money from the 12.5 % buyers fee and the little added on fees

[@premiumtonedcoins]

Great Question! Should have elaborated. They do charge a buyer's premium of 12.5% (or just 10% if you pay with wire or bank ACH). So if you are buying from GC, you pay final Bid + 10-12.5%. As a seller, you receive final bid - 5% (if under $1k) or simply final bid (if over $1k). There are some other small sellers fees, but they tend to be less than $10-15 per coin.

[@silversurfer1986]

@@premiumtonedcoins holy cow that’s good gouge. If I ever sell I’ll be looking at GC that’s for sure. Thanks for the info

[@Ontario100]

@@silversurfer1986 I think CG has much less overhead. Small number of employees for example. I understand the company is run very efficiently.

[@silversurfer1986]

@@Ontario100 That's awesome here. I fear someday that will be changed as they grow larger

[@rosaeliaarevaloruiz988]

Hola, gracias por su información.. Les pido su ayuda. Tengo varias monedas de diferentes años, pero tengo una que es un cuarto de dólar del año 1999. Si podrían darme información del valor de esta moneda. De antemano muchas gracias por su atención.

[@BWowed]

I prefer great collections for buying and selling. Shipping is also much more reasonable with great collections

[@davidstepro7486]

Great post - I've been using Great Collections for my selling and buying for some time now and their pricing and customer service are excellent. One thing about Ebay that has me worried is the large number of counterfeit coins, some of which are even in holders to look like the real deal. With the major auction houses you don't have to worry.

[@madfemurfast]

It looks like they listened as the images from GC now are better than ever since Phil moved over there.

[@champstar9669]

As a value buyer, I would like to see Great Collections surpass Heritage. Lower fees mean more value for everyone. Also, their "Great photos" are now equal or superior to PCGS. Shipping is also much more clear. No sales tax on most transactions. It's a no brainer.

[@sajidamin309]

Sir I have 1x Vima Kadphises 1st century 50 - 195 AD AE pana, Ancient time rare Copper Coin... Plz share this market value.

[@Cygnus0007]

I have some coin

[@landanwoodard7569]

Me have coin too.

[@albertwebb5387]

I don't mess with Heritage Harrison supposed to be a reputable company but I sold them a comic book for $1,400 and 2 months later they had it at Comic-Con for 27,000 so you can imagine what they would do with your coins or what they would say how much they're worth

[@MorganHoard]

Ebay Fees are more like 11 percent now that Paypal has been cut out of the equation.

[@abdoelkadergalant9382]

I want too sell it

[@abdoelkadergalant9382]

Hi I have the 1971 new pence here two pence and

[@JosealexiscampechanoCamp-iz3sx]

I have coin from 1974 how L man seller you

[@JennyGregg]

Meron Ako Nia

[@rajenderkaswan3407]

I will selling my old coin 1907 Edward Vll silver coin and 1885 Victoria empress silver coin 1rupee indian coin

[@mawipuia111]

I have some coins

[@billyjones9045]

What's the deal with heritage..? I sent them pictures of coins I was wanting to sell because I saw them selling on there for 3 to $5,000.. like 56 57 58 nickels with full steps uncirculated no blemishes no scratches.. they email me back and tell me they are worth face value.. I was like what!... So I get into my better coins and take pictures. Then I'm sitting there thinking about this so with my pictures I stick a couple photos in there that I took from their website that they recently sold for like $6,000. They email me back again telling me they're all worth face value.. I'm like what the f*** are you talking about? You just sold the same coin for 6000$... I get no reply back.

[@francisdaniel3588]

Grade them yourself if you think there worth something at ngc or pcgs.