BREAKING NEW ABOUT TELETRADE!!

Discussion in 'Coin Chat' started by Detecto92, Jul 17, 2013.

  1. Detecto92

    Detecto92 Well-Known Member

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  3. Detecto92

    Detecto92 Well-Known Member

    I don't like the whole "over 1,25o years of experience" it sounds snotty.
     
  4. Kirkuleez

    Kirkuleez 80 proof

    I guess I saw this coming, but I shure hope that the combination of the three companies won't drive up prices too much. I always found TTs auction prices very reasonable and in line with market prices. Stacks auctions, on the other hand, have always seemed high.
     
  5. Taribor

    Taribor Don't know what I don't Know

    They can call the site whatever they want, until they lower the ridiculous buyer fee and fix the bid system, I won't touch them.
     
  6. GDJMSP

    GDJMSP Numismatist Moderator


    Doubt it will have any impact in that regard at all. As for Stacks, in years past what they were selling directly, meaning not at auction but inventory, yeah I'd agree they were high. But when Dave Bowers (ANR) merged with them that changed and things more into line with the market in general. As for their auctions, I'd have to say it never really mattered much. Realized auction prices are driven purely by the buyers, not the auction house. And any auction house, if they offer exceptional coins, those coins will bring exceptional prices.

    But I gotta say I'm not too fond of what's happened in the last few years with Spectrum Group, they have literally been buying up everybody ! If this keeps up it's gonna get to the point where we only have 2 left - Heritage & them. And I wouldn't want to see that.
     
  7. vlaha

    vlaha Respect. The. Hat.

    Arrrrrrgggggg:mad:! I hate it when people do weird stuff like this.
     
  8. Kirkuleez

    Kirkuleez 80 proof

    I sure hope that you are right about the prices Doug. When I say that Stacks always seemed high to me, I am talking about the buyers of course. It just seemed that Stacks would always have a large portion of the high dollar buyers in the croud there for some of the show stopper coins. There is no way that I can, or will try to, outbid buyers like Steve or Lee. Two entirely different worlds of buyers.
     
  9. spock1k

    spock1k King of Hearts

    we could always start our own auction house :D
     
    MorganDollarTJ likes this.
  10. rickmp

    rickmp Frequently flatulent.

    Let's get Detecto on that right away. :rolleyes:
     
  11. fusiafinch

    fusiafinch Member

    So does this happen immediately? I guess Teletrade certainly anticipated it this year by matching the Stack's buyer's fee.

    I'll monitor the Teletrade site and see what changes occur and when. I guess something had to happen, because TT seemed to be in some trouble and unable to maintain itself in its current model. Let's see if it improves things. But now I don't see much of a change.
     
  12. NorthKorea

    NorthKorea Dealer Member is a made up title...

    First off, couldn't you have said this in the same post as the one where you pasted the letter?

    Secondly, you forgot the operative word of "combined" and replaced it with "over," thereby completely misrepresenting what was actually said.

    They have a combined 1250 years of experience among their staff. That's not a false statement. Saying they have "over 1,250 years of experience" (as you stated it) is a false statement.
     
  13. gunnovice09

    gunnovice09 Nothing

    Who cares if he made a second post!? Does it hurt you that much?
     
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  14. Jwt708

    Jwt708 Well-Known Member

    Nothing against Detecto or North Korea but maybe it makes his head hurt?

    :)

    I'm just being silly.

    And maybe eBay too?
     
  15. green18

    green18 Unknown member Sweet on Commemorative Coins

    Absolutely nothing wrong with that. I practice and disgrace myself most notably and most often...........
     
    Jwt708 likes this.
  16. Detecto92

    Detecto92 Well-Known Member

    What I meant was, saying "over 1,250 years" seems rather braggy.
     
    green18 likes this.
  17. green18

    green18 Unknown member Sweet on Commemorative Coins



    Heck, I knew what you was sayin' Tim.......:) And that kind of 'speak' always turns me off. Overkill as far as I'm concerned..............
     
    Nuglet likes this.
  18. desertgem

    desertgem Senior Errer Collecktor Supporter

    At Least Bowers and group did say 'combined ' 1250 years of experience. Detecto quoted the whole letter, and then when he brought up one portion , he not only misquoted it once, he did in two posts removing combined for 'over'.

    And I must admit that some of my best coins came from Bowers and Merena's shop. Yes, they were higher than the average mail order firms, but they had a unbeatable guarantee/ return policy. I returned a couple of 1972/72 doubled dies until I was satisfied. If Bowers is involved in the grading /cataloging process, I will be an interested reader.

    Sometimes I think that most of the complaints against dealers are from those who could not properly evaluate a coins grade and value themselves, so they have to buy the cheapest 'carp' so if they are wrong ( as usually) , they hope they can eek out a fair percentage. Knowledge is priceless, Ignorance is pricey .
     
    green18 and spock1k like this.
  19. green18

    green18 Unknown member Sweet on Commemorative Coins


    Heck. Gotta love what ya just posted there Jim.
     
  20. spock1k

    spock1k King of Hearts


    before you posted this i thought we were going to the scrap alley again :D
     
  21. spock1k

    spock1k King of Hearts

    well GD has over 10000 years experience by himself, that has never bothered you :D

    maybe we can ask him to tell us how he felt at 1250 and how many coins he got right then :D
     
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