Walter Eigner Pty Ltd was established to bring innovative technologies to the coin collecting
market to enhance the experience of coin collectors, to promote safe platforms for buying and selling
coins on-line and to improve liquidity through low commission markets and realistic valuations.
Credited as being the oldest hobby, coin collecting has a higher average age than most
other hobbies and often lags behind in technological innovation. Walter Eigner Pty Ltd
strives to enhance the collecting experience through the use of modern innovations such as
our live auction system and our multi-level photo zoom technology. Walter Eigner Pty
Ltd also aims to share coin collecting with younger collectors through our focus on
modern mediums of communication.
As the coin industry shifts into the 21st century, a greater and greater proportion of
business is conducted on-line. The cost of selling coins on-line on a per-coin basis
is greater than through a shop front due to each coin's individual need of photographs,
describing and shipping and thus very few on-line dealerships sell coins to cater to
the every man collector. We at Walter Eigner Pty Ltd strive to always offer coins to
collectors from all backgrounds even where this may not be profitable and for that
reason we dedicate a session in every auction we conduct to the every man.
In an industry where blatant shill bidding takes place in auction rooms in the presence of other bidders, we at Walter Eigner Pty Ltd take a strong position against shill bidding and will never permit it to occur in our own auctions. To this end, we take active measures to detect shill bidding including IP and cookie based detection methods, and provide a high degree of transparency in all our auctions by publishing bid histories and the approximate locations of bidders.
We at Walter Eigner Pty Ltd take a very serious stance against coin doctoring, we will
never doctor coins in any shape or form and will always declare when a coin shows
conclusive signs of doctoring. In addition, we promote the use of third party grading
services to provide added confirmation of the quality of the coins we sell.
Walter Eigner Pty Ltd takes a firm stance against counterfeit coins, replicas,
forgeries and altered date coins. We follow a strict policy of only dealing in
authentic coins and play an active role in reducing the trade of counterfeit coins
through the spread of information and awareness of known forgeries.
One of the biggest financial obstacles faced by serious collectors are the high commissions taken by auction houses and high margins shop fronts operate under. While garage sale style sites like eBay provide cheaper alternatives, they are plagued by overgraded and counterfeit coins. Walter Eigner Pty Ltd aims to provide collectors with a viable alternative by using Walter's extensive numismatic knowledge to protect collectors from overgraded, doctored and counterfeit coins, and in using an on-line platform, keep commissions at a minimum.