| Author |
Replies: 16 / Views: 3,573 |
|
Valued Member
United States
67 Posts |
I've been on the forum for a few weeks now. I see a lot a discussions on ebay auctions but pretty much nothing on Teletrade auctions. What are peoples opinion of Teletrade? Thanks.
|
|
|
|
Pillar of the Community
United States
1490 Posts |
I've bought a few things from Teletrade. I have no complaints you just gotta keep the buyers premium in mind when bidding.
|
|
Valued Member
 United States
67 Posts |
Yep, I did notice the 15% buyers fee with a minimum $8.
One thing I liked about the Teletrade site is the nice large pictures they give you to view the coins. Gives you an excellent view of what you're buying.
|
|
Pillar of the Community
United States
1302 Posts |
Teletrade is first class. You do have to take into account that you may not always be getting top notch coins for the grade- but they do not misrepresent any coins and plenty of their offerings have CAC stickers.
I've never won an auction there that I wasn't happy with.
|
|
Bedrock of the Community
United States
14454 Posts |
I have purchased quite a few coins on teletrade myself so I like them. I also like Heritage but with the buyers premium on both of those sites its harder to get a deal (teletrade is easier than Heritage) than it is on ebay, but you don't have to worry about the sellers reputation which in some cases is a wonderful trade off
|
|
Valued Member
United States
361 Posts |
I have also had nothing but good dealings with Teletrade
|
|
Pillar of the Community
United States
4132 Posts |
I've gotten several coins from Teletrade and will get more in the future. Their login system is very strange (a secret number plus your zip code), which is my biggest complaint, as it's not that secure, relatively speaking. I had to return one coin, but didn't have any problems getting my refund.
|
|
Pillar of the Community
United States
3453 Posts |
I like them as well. On Tuesday, there is no buyers fee but the selection can be limited on that day. Just keep in mind the buyers fee on the other day and ypu can get a decent deal.
|
|
Bedrock of the Community
United States
20753 Posts |
This is odd. Almost every day there is something mentioned about ebay. Good, bad, horrible, great, fantastic, etc. yet so few ever even mention teletrade. I wonder why. Of course being a person that never uses the internet for buying anything, I miss out on thoes super on line places I guess.
|
|
Valued Member
United States
187 Posts |
I like how sundays & mondays there getting more & more world coins!
|
|
Valued Member
Canada
178 Posts |
I notice all the responses here are from the US, but would you happen to know if there are any additional fees for a Canadian buyer? I just made an account and it was fine, and I can't find anything about additional fees, but you never know.
|
|
Pillar of the Community
United States
3453 Posts |
Here is the link to their fees. A 15% buyers fee would apply, not sure how taxes and shipping would work for Canada. http://teletrade.com/coins/help/fees.asp (they do outline shipments to Canada on that page)
Edited by CoinsKelly 04/23/2012 11:55 pm
|
|
Moderator
 United States
16677 Posts |
I've only used Teletrade once. If it's a coin you really want, yes, keep the buyers fees in mind.
swcoin.ecrater.com
|
|
Pillar of the Community
United States
9792 Posts |
I like it a good service and very reputable people running it. No complaints in over a decade of using them myself.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
|
|
Pillar of the Community
United States
6383 Posts |
I used to bid on Teletrade but I stopped winning lots at prices I thought were reasonable. Maybe it got too popular? They also became 8% more expensive when they relocated from New York to California; as a CA resident I suddenly had to add 8% sales tax to any successful winning bid on top of the buyer's fee.
I've sold a few extra coins through Teletrade as well but was not particularly happy with the proceeds. Sure, I was selling some less-desirable pieces but they brought less money than I expected.
|
|
Pillar of the Community
United States
511 Posts |
Teletrade is a hassle-free way to buy and sell. As others have noted, keep the buyer's fee in mind when bidding.
|
| |
Replies: 16 / Views: 3,573 |