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. From this special selection, five exceptional coins realized in excess of $100,000 each:

1. Lot 1068 $2.5 Gold 1796 Stars NGC AU-50 $100,800
2. Lot 1084 $4 Gold Stella 1879 Proof Flowing Hair PCGS PR-62 $128,800
3. Lot 1099 $10 Gold 1795 13 Leaves NGC MS-61 $112,000
4. Lot 1100 $10 Gold 1801 NGC MS-64 $123,200
5. Lot 1121 $20 Gold 1895 Proof NGC PR-65 Ultra Cam $117,600

“This is simply unprecedented for Teletrade,” said president Ian Russell, “two million-dollar sales in the same month, and an overall record month for the entire 22-year history of the company. It is truly a testament to the direction of online auctions for Teletrade and for the industry as a whole, and I am thrilled to see Teletrade leading the way. Over $4.75 million in online coin and currency sales in a single month is just incredible.” (more…)

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. Highlights will be on display this Thursday and Friday at the Summer FUN 2008 Convention in Palm Beach, Fla., Table 411.

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

“Every once in a while Teletrade is just inundated with an exceptional selection of lots, and we are thrilled to be able to offer this special Friday auction to bring them to our customers,” said Ian Russell, president of Teletrade. “This is an exciting follow-up to our auction of ‘The Green Holder Collection’ on June 1, which was incredibly successful with 100 percent sell-through, and pushed the prices realized for the total auction over $1.1 million. Response to that auction was so overwhelming and it is a special treat to be able to offer even more of these popular Green Holder coins to our collectors.” (more…)

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.

“These tiny coins tell such an intriguing story of California and the Gold Rush, it’s easy to see why collectors of Fractional Gold find them so fascinating,” said Ian Russell, president of Teletrade. “This Registry Set is a tremendous accomplishment, and Teletrade is thrilled to be able to offer these coins to our customers. This collection is truly a part of numismatic history and California history, as well.”

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UPDATE Monday June 2nd - Auction 2536 - Total prices realized $1,124,253

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 2000 certified coin lots. The complete catalog will be viewable on the Teletrade website beginning Friday, May 23.

“The Green Holder Collection” is the result of the combined efforts of two California collectors and consists of more than 250 coins in classic PCGS “green holders,” including an interesting selection of first generation “rattlers.” These early generation PCGS holders characterized by their green labels were used throughout the 80s and 90s, dating back to the very first days of PCGS, and are coveted by a large segment of numismatic enthusiasts who appreciate the history of not only the coin but also the holder that encases it.

“It is unusual to see such an impressive hoard of early generation PCGS holders, and many have not been on the market since they were initially acquired by these collectors in the 80s and 90s,” said Ian Russell, president of Teletrade. “The coins tell the history of the country, and these holders speak to the history of coin collecting, which makes this collection even more fascinating and desirable to enthusiasts.”

“The Green Holder Collection” will be auctioned in individual lots. Highlights include: (more…)