Report: #216252

Complaint Review: Heritage Coins - Heritage Auctions

  • Submitted: Tue, October 17, 2006
  • Updated: Sat, April 26, 2014
  • Reported By: The Woodlands Texas
  • Heritage Coins - Heritage Auctions
    3500 Maple Avenue 17th Floor
    Dallas, Texas

Show customers why they should trust your business over your competitors...

David Lisot makes promises with Heritage and does not keep them. I submitted many coins for auction and the first two lots went up. One coin sold and the other did not. The one coin that did not sell did not meet my minimum but they are charging me for the buy back price that was 170.00 over the high bid.

I immediately sent David Lisot an email and demanded that all of my coins be retuned immediately and we settle up. Not only did he not send the coins back but put them up for auction even though the auction had not started. Heritage coins or Heritage Auctions is nothing more than theives.

David Lisot is refusing to give my coins back and is not paying me for the one coin that did sell even though it is our agreement that it is time to be paid.

The Woodlands, Texas
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This report was posted on Ripoff Report on 10/17/2006 12:22 PM and is a permanent record located here: The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

Heritage BS

AUTHOR: truth - ()

The diatribe defendign Heritage is way off base. Nice to be a millionaire and have millionaire buddies, as if this somehow thta elavates your credibility. Here is my opinion after buying from Heritage. They are an arrogant bunch of people that is set up to sell, not foster long term associations. Sell, selll, sell,.....I had a very bad experience with them. They are like the "wolf of Wall Street" of coins. And if they are so lilly white why do the have 20 plus complaints at BBB? Watch out folks.....

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#2 Consumer Suggestion

The Real "Ripoff"

AUTHOR: realclient - (United States of America)

The only "ripoff" is being perpetrated by this thug customer who is enraged that he could not extort money from a legitimate, honorable, hardworking company that naturally requires consignors to honor the contracts that they sign. A business transaction is a two-way street! Yes, in my experience Heritage's executives are sometimes arrogant and pompous, but so are all other corporate executives. That does not make them felonious or even unethical. I am officially jumping on the bandwagon with those who defend what America is truly about: An honest, successful, rags-to-riches company! The five unique complaints about Heritage that were posted on this website were written by nearly-illiterate, leftwing, bottom-of-the-socioeconomic-ladder crybabies who seem to think that Heritage is in business to royally cater to their every uninformed whim, fallacy, and misconception. I do not believe that a gargantuan auction firm like Heritage would risk damaging their stellar reputation just to cheat these small-time losers out of their virtually worthless junk. I suspect that what is really going on is that five obsessed wackos who have failed miserably at life (versus the satisfied 700,000-plus Heritage customers) did not get their backsides kissed during their minuscule transactions with Heritage, so they are unfairly trashing this outstanding company just to fuel the emotional void created by their failed extortion schemes. Several wealthy friends and I are longtime customers of Heritage, yet have never experienced any difficulties. Nobody with an IQ above 70 would take seriously the obviously suspect charges made against Heritage, a firm with an unblemished reputation amongst both heavy hitters and small spenders alike. 

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#3 Consumer Comment

I Believe Heritage, Not Their Few Critics

AUTHOR: ClaudePierre - (United States of America)

My name is Claude Pierre (this website will not allow me to use my full name.) I have transacted untold millions of dollars in business with Heritage Auction Galleries, both buying and selling, since the 1980's. I have usually dealt through agents; Heritage barely even knows who I am! A quick check reveals that I have personally placed over $4 million in bids with Heritage since 2009, but my actual bids through representatives are well into nine figures. Neither I nor my agents have ever been cheated nor misled by Heritage. Ditto for several collector and dealer friends whom I know quite well. Why would Heritage defraud or deceive you, knowing that it would tarnish their fabulous reputation? That is, if your complaint is even genuine and you are not lying, possibly because you are a shill for an unscrupulous competitor. Heritage has sold several billion dollars worth of collectibles at auction, so it is extremely difficult to believe that they would defraud anyone, especially for such a paltry sum. I shall continue to spend untold millions with Heritage and ignore unproven, libelous, axe-to-grind allegations. Actions (my actual transactions with Heritage) scream louder than words from someone whom I do not even know and whose complaint sounds like a completely fabricated fairy tale. It is interesting to note that, without exception, the few Heritage bashers who have posted on this website have substandard syntax, morphology, and semantics - not to mention class - suggesting that they are not particularly well educated nor sophisticated. Perhaps they are confusing their lack of education with actual wrongdoing by Heritage. 
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#4 Consumer Comment


AUTHOR: Concerneduser - (U.S.A.)

I want you to know that a person affiliated with them knew all of my history with Heritage Auctions and gave out my personal address . make no mistake about it but your information is NOT privledged no matter what they claim their policy is.

The worst thing about Heritage is that when contacted and after I showed them the evidence they threatened to sue me in an attempt to imntimidate and bully me .

Thee types of actions are made by men who are not honest or have any integrity no matter how much they claim they have it

It is in my opinion that Heritage Auctions are crooks and theifs based on the information given to me by Roger Epperson.

Roger who works for Heritage painted a picture for me of deceit and a total lack of integrity based on the way they run their business,

AVOID HERITAGE AUCTIONS AT ALL COSTS ......unless you want your personal information shared
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