What am I missing in this Teletrade auction?...

uofa1285

...that it should be so highly regarded by the seller to think it will sell for the reserve amount. The seller has done this a couple times now on this coin...

Unbelievable Teletrade "reserve", if you will.

Doug

Russ

He may have accidentally added a zero to his buyback bid. There's a group of ICG proofs listed right now that are all at about 10x what they're worth. I figure that's what happened in that case.

Russ, NCNE

uofa1285

<< <i>He may have accidentally added a zero to his buyback bid. There's a group of ICG proofs listed right now that are all at about 10x what they're worth. I figure that's what happened in that case.

Russ, NCNE >>



Phew - a costly error I would think if it is repeated over and over. Thanks for the info, Russ.

Doug

RedTiger

It might be owned by the house, and they are looking for the big fish to bite. On toners, a seller never knows when a newbie with hot money and deep pockets is going to show up. If owned by the house, it costs next to nothing to relist again and again. Just a few big fish every now and again, pays the bills for a long time.