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 Replies: 4 / Views: 3,282 |
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Bedrock of the Community
United States
10982 Posts |
.....after this Sundays auction, TeleTrade is closing their doors for good. I understand some parts of their operation will be absorbed by Stacks Bowers. CCF might want to consider dropping them from: Buy / Sell / Trade | 250 Posts to Sell | 50 Posts to Buy Sales Promotion: CCF, ebay, eCrater, Heritage, Teletrade etc |
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Pillar of the Community
 United States
4593 Posts |
Interesting... Actually TeleTrade is owned by Spectrum as is Stacks-Bowers, see http://teletrade.com/coins/blog.asp, which described the whole reorganization. So it doesn't sound like the auctions are going away as much as being rebranded. But while they said back in July it would all be consolidated under the SBGdirect brand, there's no sign of it yet (and SBGdirect is a real estate site)... Quote:
Allow me to provide you with a preview of what the future holds, which includes the upcoming launch of a state-of-the-art technology platform and website, designed with your needs in mind.
Auctions
Thousands of you have come to us for our renowned auction experience and presentation. The expanded Stack's Bowers Galleries organization will offer a full auction program, including live Showcase Auctions and Rarities Night Auctions, weekly iAuctions, and the return of our Collectors Choice Auctions three times a year.
Online Retail
Our new website will include SBGdirect, our online coin shop, featuring over 1,500 U.S. and World coins and banknotes, coins from the ancient world, tokens and medals. Premium-quality, hand-selected material will be available at a fixed price for your consideration, with new and special offerings added daily. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Bedrock of the Community
 United States
10982 Posts |
Quote:
So it doesn't sound like the auctions are going away as much as being rebranded. But while they said back in July it would all be consolidated under the SBGdirect brand, there's no sign of it yet (and SBGdirect is a real estate site)... This sounds good. I bet we get more information next month. |
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Pillar of the Community
United States
4593 Posts |
Seems like a mis-managed opportunity. Brands have changed themselves before (remember Datsun --> Nissan took several years with the new brand introduced as an add on, then became primary and finally Datsun was dropped). Brands have changed rapidly (anything spokespersoned by Tom Ford). But it would be weird without having warning (I don't see any news on TeleTrade's site)...
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Moderator
 United States
23522 Posts |
Honestly, Teletrade as a brand has been slipping greatly the last year or two. Probably better to do the name/mission change; Heritage has been eating both their lunches for years.
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Replies: 4 / Views: 3,282 |
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Posted 11/21/2013 4:16 pm
