Teletrade

Comments

• braddick Posts: 24,736 ✭✭✭✭✭

  October 5, 2009 1:26PM

  If you sell cheap coins you will lose your shirt as the minimum fees will eat you alive.
  
  
  
  
  
  
  
  
  
  
  (How that's for mixing my metaphors?)

  peacockcoins

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• COALPORTER Posts: 2,900 ✭✭

  October 5, 2009 1:38PM

  Here is how it works.

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• coinmanic Posts: 572

  October 5, 2009 1:41PM

  IMO, a better place to buy then to sell. The fees seem excessive for an online only site. David Lawrence offers better terms.

  SOCIALIZED MEDICINE: The wealthiest class treats the lowest class and sends the bill to the middle class.

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• illini420 Posts: 11,466 ✭✭✭✭✭

  October 5, 2009 1:55PM

  Whatever you have to sell, I'd definitely give the BST a try before you pay an auction house. It's free to try the BST

  Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448

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• highbidder1970 Posts: 167

  October 5, 2009 10:09PM

  Teletrade can be good place to buy but be careful your not bidding against the owner.
  
  They can be good place to send raw coins without paying grading fees upfront. Then you can bid on your material you want to keep. Sometimes I have someone bid me up on these and have been both elated and amazed at how much they will pay.
  
  Otherwise I would not recommend Teletrade as a place to sell. Just start the coin at 10 - 20% behind bid in a Bay auction.
  
  I have blown out stuff on TTR in the past and got around 20% behind Bid (after fees) and it was like a 6 week turnaround. I hate to think with this economy how much lower than that it would be now.
  
  

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