Confused by teletrade promotion
mumu
Posts: 1,840
Does the free grading promotion benefit the seller in any way? It is offered with wording to entice the seller into cosigning but I dont see what would be so exciting about getting raw money for a coin that grades better than it sold for after you sell it? And in the case it grades lower then no one will be benefit?
"For a limited time only, you can get your coins certified by PCGS or NGC for absolutely free! Just consign your raw coins to an upcoming Teletrade® auction and for every coin that sells for $250 or more, Teletrade® will pay the grading costs!"
link
"For a limited time only, you can get your coins certified by PCGS or NGC for absolutely free! Just consign your raw coins to an upcoming Teletrade® auction and for every coin that sells for $250 or more, Teletrade® will pay the grading costs!"
link
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Comments
Or at least that's how I read it....Mike
Their regular grading fee is $11. Is that what CU charges them or is Teletrade subsidizing the cost as I don't think there is a grading fee that low at CU?
why don't you visit their website and read up on it??
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
<< <i>yes. no.
why don't you visit their website and read up on it?? >>
I got that quote from their website. Just seems odd to me if they are not charging for shipping in THIS promotion. Furthermore what would keep someone from sending a coin in and setting a high reserve just to get the cheep grading?
<< <i>
<< <i>yes. no.
why don't you visit their website and read up on it?? >>
I got that quote from their website. Just seems odd to me if they are not charging for shipping in THIS promotion. Furthermore what would keep someone from sending a coin in and setting a high reserve just to get the cheep grading? >>
Fees!
Pawpal- They may have dipped the coins you sent them by mistake and now they do not know what to do
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
TT is near PCGS and they are commercial, so they must have some type of B2B relationship. Maybe they just drive them over- who knows?
<< <i>BOO!!
Pawpal- They may have dipped the coins you sent them by mistake and now they do not know what to do
Them's fightin' words !
<< <i>Do they send the coin out to be graded? Does that add shipping cost 2 more ways? >>
If I'm not mistaken, Teletrade is very close to PCGS and probably drop off and pickup with courier. Shag
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
then there automatically placed in an auction .......
then you sell what you can and buy back the rest -
not confusing really
The lakeshore hoard has slowed down new how quick coins get listed
you print out the sheet, make a submission, and send to them
you get charged for no gradables (PVC, questionable authenticity) and return fee shipping to you ($20?)
I am not sure if their fees are regular "AUTHORIZED DEALER" fees or if you are getting a discount
my January 21 mailings to them got sold first part of April and I got my buybacks returned last week
my fastest turnaround from me mailing to them - grade- PCGS - auction = return to me
was lsss than 75 days
if you go NGC route, add a couple months as it is much slower