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<p>[QUOTE=&quot;Owle, post: 1336297, member: 22004&quot;]&quot;There is no free lunch in numismatics&quot;.</p><p><br /></p><p>Actually, most of the big auctions offer catered free lunch and dinner food, but no booze, so that might be more accurate, &quot;no free booze in numismatics&quot;.</p><p><br /></p><p>The tuition paid for that purchase is the cheapest that I have seen in this business.&nbsp; Think of all those who realized too late that they had overpaid on six figure deals with telemarketers.&nbsp; I&#039;d like to see a zoomed in picture of a high end snookered customer as he/she brought his huge collection down to the local honest dealer and got the sobering news that his collections was worth a fraction of bucks spent.&nbsp; </p><p><br /></p><p>All the big auction houses have many employees to pay, high overhead, certifying fees, shipping and insurance expenses, legal and accounting costs, advertising (&quot;Great Collections&quot; is spending $10K a week on internet and other ads), requirements to pay the consignor within a specified time.&nbsp; They aren&#039;t running a charity or a museum.&nbsp; You aren&#039;t obligated to pay unless you bid.&nbsp; And Teletrade does have a generous return policy, and you could always call them and tell them you will pay the return charge even if they do not ship the coin, that would save both some money and trouble.&nbsp;&nbsp; The certification fee alone is up to $50 for coins under a certain value, every coin costs $$$ to get in a holder.&nbsp; You would probably have better luck at a local coin show with cash if you want to avoid the hassles of legal misunderstandings.[/QUOTE]</p><p><br /></p>

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