Teletrade?

NBSQLGeek

What is this? And why is it good ( if it is)? And what the hell they add a buyers fee?

I saw investor/dealer lots that looked cool but could not understand the $25 - 50p <---- .

kieferscoins

That price is their estimate. The p afterwards stands for PCGS. N stands for NGC.

recent teletrade discussion

Cameron Kiefer

NBSQLGeek

Lets say there is a investor/dealer lot for (5 items ) PCGS MS 69 2002 US SIlver Egales ( 24p - 50p )

LOT 1956

Realized priced was $100 for this. Was that a good buy for whoever bought it?

Does this person then sell them each on ebay ( or whereever)? Or hold on to them and sell them in a year or two?

kieferscoins

It is an okay price, but you could probably get around the same price off ebay. Just because they say "dealer/ investor lots" dosen't mean you will make money on them now or in the future. It is a way for them to group together lower price coins or modern certified bullion that would normally be a slow seller at the low price levels and cuts back on their amount of work.

Cameron Kiefer

NBSQLGeek

Cool. Thanks. Big open world of information I must adjust to.