telemarketer: a person or company whose primary business is to sell coins over the telephone.
teletype: an electronic system that allows coin dealers to communicate and trade with each other.
telemarketer A coin merchant who sells coins over the telephone. These firms often employ numerous salespersons who usually work from leads.
As of January 1993, "low pop" coins are all the rage with telemarketers.
John Albanese, founder of the Numismatic Guaranty Corporation certification service, announced in the late 1980s that he would not encapsulate modern Proof coins, for there were too many abuses with telemarketers selling Proof-68 and other high ...
In 1992, long after prices had crashed, one savvy telemarketer placed a nearly identical specimen--now PCGS encapsulated Mint State 65 and having a low population of 2--with a giddy investor for . . . get this . . . $12,000.
Lately, the telemarketers and certain others have been busy selling rather common world coins that have been given high mint state grades by the various grading services.
I never heard exactly how the case was resolved, but it seems almost certain these crooked telemarketers got what they deserved. As for me, I won a small measure of satisfaction, knowing that I provided evidence to help expose them.
o Get price quotes from several different dealers before deciding where to sell your gold bullion coins.
o Don't call prospects during dinner or you risk being branded as a telemarketer. Many gold coin scams involve telemarketing fraud.
 See also: Grade, Half, Coin, Dollar, Numismatic
  
|
RSS
