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<p>[QUOTE=&quot;Owle, post: 1173382, member: 22004&quot;]<b>Teletrade Auctions</b></p><p><br /></p><p>Their Tuesday auction is a true auction--as far as I know no reserves are accepted.&nbsp; Other auctions have automatic bid raising until 7pm. and then after that only bids as placed. A representative from Teletrade told me it is against the rules for consignors to bid on their own lots, but if they do they have to pay on both ends.</p><p>&nbsp;</p><p>I have been consigning to them for many years.&nbsp; Items worth selling are either ugly coins in a good holder or those with a strong numismatic premium that Heritage or Spectrum will not make good cash offers for.&nbsp; Semi-numismatics are a loser in many cases--the consignor fees will eat up any profit.&nbsp; You would do better to sell to the major buyers.[/QUOTE]</p><p><br /></p>

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