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<p>[QUOTE="Owle, post: 1197759, member: 22004"]One thing that is painfully obvious about Teletrade is that the sellers are getting a lot less money for virtually any gold coin than they would were they to pick up the phone and call either Heritage or Spectrum (a parent company of Teletrade). With gold well over $1500, modern gold coins and $20 Libs. are selling at record lows through them. Too bad they traded their 5.5% buyers fee for the current 15% with added gimicks.</p><p><br /></p><p>The only coins I would submit to them are coins that may fetch more at auction due to the holder they are in. Once you have a reserve on the coin, you will pay that fee even if the coins do not sell. It can be an expensive learning experience. Don't think you are doing them any favors by letting your coins go at a loss. The certified coin industry has become extremely competitive world where the price points are well known by the insiders but often elusive for the collectors and investors.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1197759, member: 22004"]One thing that is painfully obvious about Teletrade is that the sellers are getting a lot less money for virtually any gold coin than they would were they to pick up the phone and call either Heritage or Spectrum (a parent company of Teletrade). With gold well over $1500, modern gold coins and $20 Libs. are selling at record lows through them. Too bad they traded their 5.5% buyers fee for the current 15% with added gimicks. The only coins I would submit to them are coins that may fetch more at auction due to the holder they are in. Once you have a reserve on the coin, you will pay that fee even if the coins do not sell. It can be an expensive learning experience. Don't think you are doing them any favors by letting your coins go at a loss. The certified coin industry has become extremely competitive world where the price points are well known by the insiders but often elusive for the collectors and investors.[/QUOTE]
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