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<p>[QUOTE="fusiafinch, post: 1727901, member: 18382"]I look at TT every once in a while because there are deals to get there, especially if less people are bidding. You just need to factor in the buyer's fee for your price and base your bidding on that. TT is also a good place to sell certified coins because right now, there are no fees for selling. This is a direct challenge to eBay.</p><p><br /></p><p>I've gotten some great prices on Teletrade, even with the buyer's fee added, that would be very improbable on eBay. Especially rainbow coins or coins with a lower liquidity factor. Sellers on eBay for these coins would have either a very high Buy It Now price or start at a high price for auction. So there's no bargains in numismatics, generally. The sellers on TT can also set a high price, but then the coins don't sell. So everything works out.</p><p><br /></p><p>In your case, you just got outbid. I've never suspected any hidden reserves on Teletrade. Remember, the seller can also buy back the coin for no fee on TT, so that could have also happened. But in that case, TT may report the coin unsold. Anyway, you got outbid. That happens all the time in auctions. </p><p><br /></p><p>Good luck next time.[/QUOTE]</p><p><br /></p>
[QUOTE="fusiafinch, post: 1727901, member: 18382"]I look at TT every once in a while because there are deals to get there, especially if less people are bidding. You just need to factor in the buyer's fee for your price and base your bidding on that. TT is also a good place to sell certified coins because right now, there are no fees for selling. This is a direct challenge to eBay. I've gotten some great prices on Teletrade, even with the buyer's fee added, that would be very improbable on eBay. Especially rainbow coins or coins with a lower liquidity factor. Sellers on eBay for these coins would have either a very high Buy It Now price or start at a high price for auction. So there's no bargains in numismatics, generally. The sellers on TT can also set a high price, but then the coins don't sell. So everything works out. In your case, you just got outbid. I've never suspected any hidden reserves on Teletrade. Remember, the seller can also buy back the coin for no fee on TT, so that could have also happened. But in that case, TT may report the coin unsold. Anyway, you got outbid. That happens all the time in auctions. Good luck next time.[/QUOTE]
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