I wonder how many times Teletrade will list this coin before it finally sticks.

Russ · February 24, 2009 9:53AM

http://www.teletrade.com/coins/lot.asp?auction=2661&lot=1391

Seems like an awful lot of buyers don't know the difference between Die 1 and Die 3.

Russ, NCNE

melikecoins · February 24, 2009 10:03AM

I have seen that one before,
Many times before

Glen

frnklnlvr · February 24, 2009 5:34PM

I've noticed that ANY 1961 DDR sells for at least a few hundred dollars on Ebay. I sold a 1961 DDR die 2 for $255 yesterday on Ebay.

pennyannie · February 24, 2009 5:39PM

I see alot of that on TT. You would think TT would not discose that info (resells/returns)

EvilEmpire · February 24, 2009 6:51PM

This coin keeps on getting sold....is TT buying it back, or....??? I don't understand TT sometimes, as the coin sold for $900 in August, then a few more times since then. It keeps bringing half of what it sold for in Aug. Can someone explain this to me? Or is the seller (who I would imagine is the Aug '08 winner) buying this back, or......is TT buying it back, or......??? Something not quite kosher with the history and prices on this coin. Then again, there's alot of intricacies about TT that I don't fully understand. I guess as long as I know how to bid, bid only what I'm willing to pay (keeping in mind buyers fees and shipping and adjusting my bid accordingly), and how to pay, thats all I really need to know. I guess. Though, their archives for past prices realized is uber handy.

EvilEmpire · February 24, 2009 6:57PM

I've noticed that ANY 1961 DDR sells for at least a few hundred dollars on Ebay. I sold a 1961 DDR die 2 for $255 yesterday on Ebay

I just visited CONECA's web site......10 DDR listings, and 16 DDO listinngs. A big year for doubled die Frankies. Not being 'up' on Frankies, I never realized there were that many die listings for '61 Frankies.

frnklnlvr · February 24, 2009 7:15PM

<< <i>This coin keeps on getting sold....is TT buying it back, or....??? I don't understand TT sometimes, as the coin sold for $900 in August, then a few more times since then. It keeps bringing half of what it sold for in Aug. Can someone explain this to me? Or is the seller (who I would imagine is the Aug '08 winner) buying this back, or......is TT buying it back, or......??? Something not quite kosher with the history and prices on this coin. Then again, there's alot of intricacies about TT that I don't fully understand. I guess as long as I know how to bid, bid only what I'm willing to pay (keeping in mind buyers fees and shipping and adjusting my bid accordingly), and how to pay, thats all I really need to know. I guess. Though, their archives for past prices realized is uber handy. >>

The coin is being returned each time it is sold and then being relisted.

BTW, that coin looks like it should have gotten a full cameo designation.

Cameonut · February 24, 2009 8:58PM

I agree that the coin looks cameo from the pictures.

And I am also amazed at the number of people that pay crazy money for the common '61 doubled dies. I'll have to check to see how many I have in the vault - if they are getting over $200 then it is time to sell.

Now, Die 3 - that is a completely different animal. Spectacular doubling for a proof Franklin.

Russ · February 25, 2009 2:53AM

<< <i>Something not quite kosher with the history and prices on this coin. >>

Could be a house coin. If you watch Teletrade closely, you'll see hundreds of coins that show sold time after time after time. They're house coins. That's why I don't trust the prices realized.

Russ, NCNE

19Lyds · February 25, 2009 3:21AM

Well if it got sold for $900 on Aug 17th of 08 and then returned, does the $900 really mean anything?

I guess with enough restocking fees on returns they will eventually make a profit on it.

Cameonut · February 25, 2009 6:28AM

<< <i>does the $900 really mean anything? >>

Nope, someone thought they were getting a rip on the big DDR (actually Die 3). Once they got it in hand they realized they paid waaaayyyyy too much for it and back to TT it went.

I bought examples of Die 1, 2, & 4 for about $50 each in old Anacs holders. Looks like those have moved up in value - I thought they were fairly priced at $50 or less.

koynekwest · February 25, 2009 10:34AM

Other than Die#3 there isn't much. The others are pretty insignificant. These bidders should educate themselves a little bit before they throw this crazy money at these things. The PR 3-R-V would be easily visible in the photo shown-even with TT's lousy pictures.

Seems like a significant percentage of the coins on TT are recycles these days.

JZrarities · February 25, 2009 11:10PM

The other thing that bothers my about TT, was the huge Gold Piece they were selling.

Magically, the bids stopped just below the $1 Million reserve...?..?

FWIW:
The 'house' coins, 'weekly relistings' (even though coins show as sold), reserves not being posted, all the things I hate about Teletrade.
I stopped bidding there. Too many games.

Don't even ask me about the batch of coins I sent them for auction...
Never Again.

I wonder how many times Teletrade will list this coin before it finally sticks.

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