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I see Teletrade® also auctions bullion coins. How are they different?

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I see Teletrade® also auctions bullion coins. How are they different?

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All coins at Teletrade® Coin Auctions are certified and graded by a third party. These third parties assign grades ranging from 1-70, 70 being the most perfect and pristine. These 70 grades are given out only to the very best, so with some issues, there might only be a handful graded (sometimes even a single example!). These sell for premiums compared to uncertified bullion coins.

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