Comparing Auction Sites: MCS vs Heritage20063
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Caffeine_Kid private msg quote post Address this user | |
Outside of Canada I have only bid at Heritage Auctions. I am looking for opinions from people who have experience with Heritage and My Comic Shop. What are the pros and of each? I like Heritage because their listings are informative and they have great photos. I don't mind their buyer's fee of 20% but it sucks that the minimum fee is $29. For less expensive books the fee could be 100% or more. Pretty tough to get a good deal. I also find their shipping and handling fees (going to Canada ![]() What say you? Thanks in advance. |
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xkonk private msg quote post Address this user | |
I don't know what MCS charges for shipping to Canada. But if you don't mind Heritage's 20%, you'll absolutely love MCS' 3% buyer fee. | ||
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Davethebrave private msg quote post Address this user | |
The reality is the buyer’s fee is generally pretty meaningless. Majority of bidders are taking it into account. The cost is generally borne by the sellers (since bidders are adjusting lower for the total amount due). I have bid and won in both auctions and the biggest pros/cons in my opinion: 1) HA has great tracking and search features - far better than MCS 2) More difficult to time HA - bids don’t get extended in automatic intervals and pace is faster 3) Both have strong customer service. I generally prefer MCS shipping process post auction Overall I’d say HA has the single best (comics) app available to track and bid. MCS is a great place to buy from generally but clearly don’t have the same investment on the tools/platform. |
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DrWatson private msg quote post Address this user | |
Quote:Originally Posted by xkonk The 3% is waived if you pay by check. I know that wouldn't really work for our Canadian friends, unless they had a US account. |
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PhilCoulson private msg quote post Address this user | |
Davethebrave is spot on. I make auction purchases from both regularly and would add the following: Packaging by MCS is better than HA and they ship right away. HA can take a couple of weeks to ship. HA has a better weekly selection of Golden & Silver age comics. Customer service for both is superb. |
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Cerebus3000 private msg quote post Address this user | |
I have made several non-auction purchases from MCS. I’ve been pleased with the product and packaging. They have a reputation for grading very strictly so the books are likely to exceed your expectations (but you are also likely paying more than a similarly graded book). I like that I can get a handful of issues from my want list from one source to minimize shipping costs. Sadly they ship via UPS which seems to have the most expensive customs clearance fees. | ||
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poka private msg quote post Address this user | |
HA raw grading is pretty lose and you need to inspect their books. a few times they did not identify missing pages etc. as OP mentioned you can apply a hold on your HA purchases. i believe that HA shipping cost to canada (especially for grades books) is very high. in cgc forum a person shared $200 for 5 slabs. |
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xkonk private msg quote post Address this user | |
Quote:Originally Posted by Davethebrave If they're losing ~15% right off the top, why does anyone sell there? |
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poka private msg quote post Address this user | |
Quote:Originally Posted by xkonk really depends on the book you are trying to sell. for certain books HA auctions - will get you a higher sales price. also note that their commission for sellers are negotiable. also certain books you buy from them - they will offer a 0% commission if you chose to sell that book again through them in future. |
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Davethebrave private msg quote post Address this user | |
Quote:Originally Posted by xkonk Because a) transaction costs are everywhere - and most equivalent venues will cost a significant % to sell b) less likely to deal with scam buyers c) the platform is an appealing way to sell rare or sought after books due to audience and transparency (the other pros listed earlier). This helps you get FMV rather than a book slip through the cracks in a no-reserve format with an inadequate audience. Most books I see transact on HA go for the same all-in price as CC and CL - the biggest similarly focused competition. Ebay is no longer very transparent outside their auctions but we all know how challenging / risky the buyer landscape is there. At the end of the day, from a buyer’s perspective, the rational thing is to factor in total cost. Many, many sellers on HA (or CC, or CL) would take home more $ selling slightly below the listed FMVs by going more direct to buyers. But the cost of that is risk, legwork, ego etc. The ego / stubbornness piece shouldn’t be underestimated. |
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Caffeine_Kid private msg quote post Address this user | |
Quote:Originally Posted by poka Don't tell me that! If that is the case I'll sh*t myself if the current batch of books being held which includes 24 slabs, in addition to a few raw books and 100+ X-men shortbox lot, costs me anywhere near the ratio of $40 per slab. I better get my books shipped Pronto. |
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makahuka private msg quote post Address this user | |
Solid info. | ||
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xkonk private msg quote post Address this user | |
A related question - what's the number they show you on gocollect or GPAnalysis? Is it the book price or the final, total price? If they get the book price from Heritage, a $1000 book would be ~$850. If they get it from MCS it's a little under $1000. If I walk into a store having looked up the value, what FMV should I be looking to pay? | ||
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southerncross private msg quote post Address this user | |
Quote:Originally Posted by xkonk It's the final price including buyers premium. Many years ago I bought pedigrees off Heritage auctions, the final price including buyers premium was exactly what was entered in GPAnalysis, and the grade and pedigree have their own separate entry. Even after the recorded sale decades later. |
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drmccoy74 private msg quote post Address this user | |
The gpa is the hammer price not including state taxes or shipping/insurance | ||
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poka private msg quote post Address this user | |
Quote:Originally Posted by Caffeine_Kid sorry - it was for 4 slabs ![]() ![]() https://boards.cgccomics.com/topic/528530-heritage-auctions-international-shipping/ |
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DrWatson private msg quote post Address this user | |
Or maybe find a UPS or Fedex store right on the other side of the border and have them delivered there for pick up. | ||
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