Sniffin out the trail

coynclecter

This is a decent buy at 350

Ebay

It was better at 220

teletrade

dorkkarl

musta been a buyback on teletrade. that crap (shilling to buyback coins) is far & away the biggest problem w/ teletrade.

K S

coynclecter

I thought it was real low, heck Id pay 250 for it.

Thanks for the input

sinin1

Could NOT have been a buy-back from Teletrade because there is a price realized shown - buybacks disappear from auction database (look at all the missing item numbers after a completed auction)

Maybe buyer/ now seller is a broker wanting to turn coin for $100 profit - or decided that they didn't like the fingerprint on the back - or decided they could do better turning it on ebay than the extra fees for returning to Teletrade - or whatever?

It is a nice coin.

dorkkarl

sinin1, it could be a buyback, actually a shill. i think this technique is used on teletrade to establish bogus precedents on auction values. in other words, i list a $100 coin, get some buddies to drive it up to $300, voila, all the other identical coins i have now have an apparent value of $300.

i have absolutely no concrete proof of this, but have heard circumstational evidence that convinces me it happens

K S

sinin1

Dorkkarl - you are right, I stand corrected. If someone had 2 accounts they could do this, I guess. But kinda expensive - 8% sellers fee + 10% buyers fee. Compared to 5% buy-back fee.