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Weekly Internet Auctions Are Now at Stack's Bowers Galleries 

by Corey Maita on Thursday, December 12, 2013

Dear Esteemed Teletrade Clients,

Thank you for your support during the recent transition that merged Teletrade and Spectrum Numismatics with Stack’s Bowers Galleries. Our numismatic experts and customer service team have been working hard around the clock with our technology specialists for the past several months, and we are excited to now be able to share with you the new and improved StacksBowers.com, created to better serve you.

I invite you to explore our new website which features a vast selection of rare coins, paper money and precious metals available at auction and for direct purchase, as well as an array of tools and features built using today’s newest and most advanced technology. Your existing Teletrade Customer ID and Password will grant you access to the new StacksBowers.com, featuring:

  • The incomparable auction experience and presentation that you have grown to expect from Stack’s Bowers Galleries, expanded to include Weekly iAuctions. Weekly iAuctions will be held from Monday - Sunday, in addition to our full auction program of live Showcase Auctions and Rarities Night Auctions.
  • SBG Direct, our online store that features U.S. and world coins and banknotes, coins from the ancient world, tokens, medals and exonumia, and popular precious metal products available for direct purchase.
  • Powerful search and filtering tools that enable you to quickly and easily find the exact coin or note in an auction or on SBG Direct.
  • A highly demanded, consolidated auction archive featuring over 1.6 million auction records from Stack’s Bowers Galleries, Stack’s, Bowers and Merena, American Numismatic Rarities, and Teletrade.
  • An electronic catalog library featuring over 100 award-winning numismatic catalogs to assist you with all of your numismatic research needs.
  • Updated bid notification functionality - including email and text message alerts - ensuring that you never miss out on an auction lot of interest.
  • A redesigned lot listing page that includes our world-class photography, unparalleled auction catalog descriptions, third-party market pricing data, current PCGS, NGC and CAC population information and more to provide you with as much information as possible, and help you make an informed bidding decision at auction.
  • An improved My Account page that allows you to get all of your numismatic transactions done in one place.
  • Up-to-the-minute precious metals market news, spot prices and charts.

    The Teletrade.com website will continue to run through early January 2014. All existing features will remain, allowing you to pay outstanding auction invoices, download past auction purchases and sales history using our History Export tool, and continue with full access to the site. Of course, the friendly Teletrade staff which you have grown so familiar with will be standing by to answer any questions you may have regarding the new site, services and transition of Teletrade Auctions to weekly Stack’s Bowers Galleries’ iAuctions.

    We sincerely appreciate your ongoing business and friendship, as you are the heart of our success. More than ever, we are committed to bringing you an unsurpassed level of expertise, quality of service and breadth of numismatic offerings unmatched by any other numismatic firm. With our dream team of personnel, financial security and unparalleled resources, I am confident you will be pleased with every transaction!

    Sincerely,
    Corey Maita
    President
    Teletrade


  • Stack's Bowers Galleries Announces Combination with Sister Companies Teletrade and Spectrum Numismatics... Launches Single, Unified Brand 

    by Kris Briggs on Wednesday, July 17, 2013

    Stack's Bowers Galleries, a subsidiary of Fortune 500 Company Spectrum Group International, Inc., announced today that it is combining its operations with those of Teletrade and Spectrum Numismatics, creating a single, integrated operating unit to be known as Stack's Bowers Galleries. Brian Kendrella, formerly Director of Operations overseeing all three companies, has been named President of the newly constituted company.

    Greg Roberts, President and Chief Executive Officer of Spectrum Group International, commented, "Stack's Bowers Galleries, Teletrade and Spectrum Numismatics have independently been leaders in their respective specialized areas of numismatics for as many as 80 years. Combining the unique and specialized services of these three leading organizations will enable the new Stack's Bowers Galleries to remain at the forefront of numismatics and continue its tradition of excellence."

    "The opportunity to lead Stack's Bowers Galleries is very exciting and I am honored to have been given the responsibility of continuing our unparalleled history of success," Mr. Kendrella stated. "The new Stack's Bowers Galleries will expand on the services previously offered by the three individual companies and offer an unmatched level of numismatic expertise, quality of service, and breadth of buying and selling opportunities. Our increased services will include our renowned live Showcase Auction presentations, weekly iAuctions, and Collectors Choice Auctions three times per year, as well as expanded retail and wholesale services through our online coin shop, SBGdirect, our flagship New York City store, and through direct customer relationships."

    Mr. Kendrella also commented, "More than ever, we are committed to the needs of our valued clients and with them in mind, we have spent the past several months developing an entirely new and state-of-the-art technology platform that we are excited to launch soon. Our new website will offer a number of new advanced features specifically designed to allow our customers to quickly and easily find their items of interest and provides them with as much information as possible to help them make informed bidding and buying decisions. It will also combine the past sales records of our predecessor firms and put over 1.5 million auction prices realized at their fingertips."

    Continuing, Mr. Kendrella said, "Our commitment to innovation does not stop with our new website and technology. We are also pleased to announce that we will soon launch a new consignor program called InstantCash, where qualified consignors to our weekly iAuctions can receive up to 60 percent of the value of their consignment the day following the completion of the auction, and the balance of their proceeds in as few as seven days later. Other exciting innovations will be launched in the months ahead, as well."

    Mr. Roberts concluded, "Our entire team of expert numismatists and senior management, including Q. David Bowers, Harvey Stack, Chris Napolitano, Larry Stack, Rick Ponterio, Chris Karstedt, Corey Maita, Richard Melamed, Andrew Glassman, Paul Nugget, and Peter Treglia are committed to working with Brian to create the destination for all our customer's numismatic needs, leveraging the prestige of the over eight-decade old Stack's Bowers brand with the 21st century technological capability and know-how that our clients expect and deserve today."

    A Message from Brian Kendrella about the New Combined Companies 

    by Brian Kendrella on Tuesday, July 16, 2013

    Dear Valued Clients and Friends,

    Let me start by thanking you for being a loyal customer of one or more of Spectrum Group International's numismatic companies -- Stack's Bowers Galleries, Spectrum Numismatics, and Teletrade. Today, we are excited to announce the combination of these three highly successfully companies, which will now operate under a single name and management -- Stack's Bowers Galleries. As our new President, I am committed to growing our reputation as the world's leading numismatic auction house, and am honored to have the responsibility of upholding our long tradition of excellence in numismatics.

    The most exciting thing about this news is what it means for you -- our valued customer. Combining the specialized and unique products and services of these three leading organizations provides collectors, investors, dealers and owners of rare and valuable numismatic property with an unsurpassed number of buying and selling opportunities, and access to the world's best numismatic staff, which has a combined 1,250 years of experience.

    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.

    InstantCash

    Consignors to our iAuctions with consignments valued at greater than $50,000 will automatically qualify for our new InstantCash Program, where up to 60 percent of the value of their sale will be sent the day after the auction -- cash to use immediately with no interest charges and the potential to be paid the final 40 percent just seven short days following the sale!

    Content and Research

    Our new website will also combine powerful search and filter tools to help you to find the exact coin or note in an auction or on SBGdirect quickly and easily. These same tools will allow you to search our auction archives of over 1.5 million sales records, with additional sales to be added regularly.

    The above services are just a few of the many new benefits that will soon be available to you in a series of exciting innovations from Stack's Bowers Galleries. We sincerely appreciate your ongoing business and friendship, as you are the heart of our success. More than ever, we are committed to bringing you an unsurpassed level of expertise, quality of service and breadth of numismatic offerings unmatched by any other numismatic auctioneer. With our dream team personnel, financial security, and unparalleled resources, I am confident you will be pleased with every transaction! As always, if you have any questions or comments, feel free to contact me.

    Sincerely,
    Brian Kendrella