Outbid On Heritage Auction But Then I Find The Coin For Sale - Page 2

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Author	Replies: 21 / Views: 6,682	Page: of 2

paxbrit Pillar of the Community United States 992 Posts	Posted 09/06/2016 10:06 pm I would consider offering a coin to the underbidder as unethical, your maximum bid was exposed by a bidder who did not pay, which could very well be a bidder who was shilling. Either the reserve was not met and it's now offered for a price acceptable to the consigner, or the successful bidder consigned it for an immediate profit. Report this Post to the Staff
Heynow Valued Member United States 70 Posts	Posted 09/07/2016 10:13 am Quote: Stack's didn't buy TeleTrade to shut it down. They ran it for a couple years while "improving" their name-brand offering. It's just that TT filled a niche that SB's weekly Internet only auctions don't (fill). And the new tech is not as good as TT's was. Why did Stacks Bowers shut down Teletrade to swap it iut for their inferior web site? Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4594 Posts	Posted 09/07/2016 1:12 pm Because they wanted to consolidate all their activities under the S-B umbrella (name). And because there was less demand for TT - which is a self-fulfilling state if you aren't out soliciting coins to list. And because it costs $ to maintain multiple sites. It could well be that the backend of TT was outdated and would have needed a refresh. And given the age of the site there might well have been less separation than there would be today between front and back. All of which makes for an expensive refresh. But the TT user interface was certainly nicer in several ways. And S-B is missing simple useability things like searching by date for which there is no excuse not to have... -----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/ Report this Post to the Staff
Heynow Valued Member United States 70 Posts	Posted 09/07/2016 2:08 pm Quote: Because they wanted to consolidate all their activities under the S-B umbrella (name). And because there was less demand for TT - which is a self-fulfilling state if you aren't out soliciting coins to list. And because it costs $ to maintain multiple sites. It could well be that the backend of TT was outdated and would have needed a refresh. And given the age of the site there might well have been less separation than there would be today between front and back. All of which makes for an expensive refresh. But the TT user interface was certainly nicer in several ways. And S-B is missing simple useability things like searching by date for which there is no excuse not to have... They must have some real weak IT people at Stacks Bowers. I aslo feel they probabaly have an old time culture (look at the names, can't get much older!) with the fancy hard bound catalogues, etc. I lile the catalogues, I'm just glad I don't pay to produce them. Edited by Heynow 09/07/2016 2:09 pm Report this Post to the Staff
Heynow Valued Member United States 70 Posts	Posted 09/07/2016 2:11 pm My thoughts. Stacks Bowers shoulve just changed the name of Teletrade and raised the minimum value of coin for sale. Two small changes, and they have a cool web site instead of a piece of junk that must have cost them big $$. Edited by Heynow 09/07/2016 2:12 pm Report this Post to the Staff
luvmyCAM Pillar of the Community United States 1479 Posts	Posted 06/13/2017 2:59 pm Ditto, your forgiven about mentioning GreatCollections. For their defense I want to share my recent experience with them. I have won over 20 bids totaling almost 5G's. Of the 20 I won 18 under book, 8 of them at 26-42% under the PCGS pop/value. The rest were easily under by 20%. Only one coin was listed over book and I won it at opening bid, I paid 12% over POP listing. I did so grudgingly but the coin rarely surfaces in any certified grade. All coins shipped within 12 hours of purchase and received within 3 working days. They rock man let me tell you. I was burnt on ebay one time on a 1980 DDO F'S-101 AU-50ish. The seller sent it to me in a little girls thank you card with a child hand written thank you note. The coin was not the one shown...that was one of two ebay purchases I made and my last. Being basically robbed was a good lesson for me. Great collections has enabled me to put together a killer die variety Lincoln Memorial cent set way under any of my local dealers, they can't even compete anymore and I blush when shown prices they offer me on the good ones. The only draw back to GreatCollections is they are putting local coin dealers in my area in a curtailed mode of action. OK I'm done ranting. Report this Post to the Staff
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