IRVINE, Calif. – Bowers and Merena Auctions, America’s leading rare coin and currency auction house, conducted its second of two official American Numismatic Association auctions for 2009 over five live sessions last week at the Los Angeles Convention Center as the Official Auctioneer of the ANA World’s Fair of Money.

Teletrade Certified Coin & Currency Auctions, sister company to Bowers and Merena, served as the official online auctioneer for the show, conducting auctions on Sunday and Monday, August 9-10. Together they realized a total in excess of $15 million.

"It has been a tremendous opportunity to work with the ANA over this past year, first in Portland and especially now in our own backyard of Los Angeles. The ANA consistently presents a first rate show and it was a privilege to play such an important role in this event as the only official auctioneer," said Steve Deeds, president of Bowers and Merena.

"We are very pleased with the results of the auction. This was our second largest auction in the past five years by both value and number of lots, and under the present economy I think that speaks volumes."

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IRVINE, Calif. – Teletrade, America’s largest fully automated Internet auction company for certified coins and currency, has officially launched "Teletrade Gold Rewards," a frequent buyer program that rewards customer loyalty for buying coins and currency in Teletrade online auctions. The program kicked off on July 1, 2008, and is open to all Teletrade registered bidders at no additional cost to participate.

"To the best of our knowledge, this is the very first comprehensive rewards program for coin and currency buyers," said Ian Russell, president of Teletrade.

"We have thousands of loyal Teletrade customers who bid and buy with us in auction after auction and we wanted to create a program that thanks them for choosing Teletrade when they purchase their certified coins and currency.

This program rewards them for making regular auction purchases with Teletrade, something they were doing anyway, and offers a fun and lucrative opportunity to get something back in return.

Best yet, they get to make their own personal choices in the ways they are rewarded." 

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Coin Auction Total for June Goes Over $4.75 Million! Teletrade Special Friday Auction on June 27 Tops $1 Million, With Five Coins Exceeding $100,000 Each.

IRVINE, Calif. – Teletrade, America’s largest fully automated Internet auction company for certified coins and currency, hosted a very special Friday online auction on June 27, 2008, in addition to their three regular weekly auctions.

Teletrade Auction 2549, consisting of just more than 200 exclusive certified coin lots, realized an outstanding $1,050,000, bringing Teletrade’s June auction total to more than $4.75 million, a record high month for Teletrade prices realized!

This special Friday auction featured an amazing selection of certified coins highlighted by another original hoard of PCGS Green Holders, including many Wells Fargo $20 pieces, auctioned alongside a variety of other extraordinary U.S. rarities certified by PCGS and NGC.

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IRVINE, Calif. – Teletrade, America’s largest fully automated Internet auction company for certified coins and currency, will host a very special Friday online auction on June 27, 2008, in addition to their regularly scheduled three weekly auctions on Sunday, Monday and Wednesday.

This is Teletrade Auction 2549 consisting of more than 200 exclusive certified coin lots, and will be live at www.teletrade.com from 3 p.m. to 10 p.m. eastern time. Bidding is open now and the complete catalog is viewable on the Teletrade website.

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California fractional gold coins are up for sale in Teletrade’s live auction this Sunday, June 22. As Teletrade aptly described the coins in a recent announcement, "these tiny enigmatic gold pieces are shrouded in historic controversy, celebrated by curiosity, and are sought-after favorites of many collectors."

These round or octagonal "Old West" gold pieces were privately issued in denominations of quarter-dollars, half-dollars and dollars. Early coins were essential in combating small change shortages, even though they were not minted by the government. And that is just a part of their unique history.

Teletrade’s Sunday auction includes more than 1,500 lots with 80 some coins from "The Kovach Collection," which is listed as the “3rd Finest Set of All Time” on the Professional Coin Grading Service Set Registry.

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IRVINE, Calif. – Teletrade, America’s largest fully automated Internet auction company for certified coins and currency, will auction “The Kovach Collection of Period One & Two California Fractional Gold” on Sunday, June 22, 2008, in online Auction 2546.

The auction will be live at www.teletrade.com from 3 p.m. to 10 p.m. eastern time and will include more than 1,500 certified coin lots. The complete auction catalog will be viewable on the Teletrade website beginning Friday, June 13.

California Fractional Gold has a storied history complete with touches of controversy that only adds to the mystique. The tiny small denomination gold pieces were privately issued during the California Gold Rush economy, hand-struck mostly by entrepreneurial San Francisco jewelers, as a result of the Federal government’s unwillingness to issue sufficient small denomination coinage.

“The Kovach Collection” is listed as the “3rd Finest Set of All Time” on the PCGS Set Registry, retired in June 2007, and Teletrade will auction more than 75 coins from the set in individual lots. The collection represents Period One, struck 1852-1856, and Period Two, struck 1859-1882.

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Conducting the highest grossing auction in its 22-year history, Teletrade breaks records June 1 with total online auction sales surpassing $1.1 million and "The Green Holder Collection" realizing 100 percent sell-through.

IRVINE, Calif. – Teletrade, America’s largest fully automated Internet auction company for certified coins and currency, conducted its highest grossing online auction of certified coins in the company’s 22-year history on Sunday, June 1, 2008, realizing $1,124,253.

The featured highlight of the auction was “The Green Holder Collection,” more than 250 coins in classic PCGS early generation holders, which achieved 100 percent sell-through.

“This is a spectacular accomplishment for an online coin auction to exceed $1 million, which is not only huge for Teletrade but for the industry as a whole,” said Ian Russell, president of Teletrade.

“The Internet opens up so much possibility for buying and selling coins and currency at levels of success never imagined possible, and I am so thrilled that Teletrade is leading the way in Internet certified coin auctions.”

Russell attributes the success of the June 1 online auction to the extraordinary quality of the coins represented in “The Green Holder Collection,” supported by a dynamic marketing campaign of print advertisements, public relations, email blasts and online promotion, as well as very well-attended lot viewing at the Long Beach Coin, Stamp & Collectible Expo in the days leading up to the auction.

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IRVINE, Calif. – Teletrade, America’s largest fully automated Internet auction company for certified coins and currency, will auction “The Green Holder Collection” on Sunday, June 1, 2008, in online Auction #2536. The auction will be live at www.teletrade.com from 3 p.m. to 10 p.m. eastern time and will include more than 1,500 certified coin lots.

The complete catalog will be viewable on the Teletrade website beginning Friday, May 23. Highlights from “The Green Holder Collection” will be on display at the Long Beach Expo May 29-31 at table 427.

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Special Note is the First Graded Superb Gem New 69 of Any Large Size Type

IRVINE, Calif. – Teletrade, America’s largest fully automated Internet auction company for certified coins and currency, announces the record-setting sale of an 1899 “Black Eagle” Silver Certificate. Bidding on the note advanced to $30,000 during Teletrade’s December 10 auction, but the note did not meet the reserve.  A day after the sale, Teletrade sold the note to a private buyer who was previously unavailable during auction bidding.

Teletrade is not releasing the final price the buyer paid or the identity of the buyer, but will confirm the sale price was in excess of $30,000. According to Ian Russell, president of Teletrade, “This note sets records as the highest price paid for a non Serial Number One ‘Black Eagle,’ and it is the second most expensive for the type.”

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It’s been nearly a month since CoinNews.net first discussed, as I initially described, “The Million Dollar Wonder Coins”. They were made by the Royal Canadian Mint and each coin:

• Weighs in at 220 pounds
• Contains 99.99 percent pure 24-karate gold (worth over $2 million)
• Has a Canadian face value of $1 million (~$940K US)
• And is pizza-sized, as described by the seller

A-Mark Precious Metals, Inc., an Irvine company purchased three of the “coins” from the Royal Canadian Mint.

Get ready to pull out your checkbook! It was just announced that its sister company, Teletrade, Inc., (www.teletrade.com) will auction one of coins through the launch of their TeletradeDirect® service, starting July 30th.

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