Design of thermoelectric materials focuses on the optimization of several unfavorably coupled factors: electrical conductivity, Seebeck coefficient, and thermal conductivity. Recent work in thermoelectrics has focused on decreasing lattice thermal conductivity by nanostructuring thermoelectric materials, while recent work in photovoltaics has demonstrated ligand stripping as a means to increased electron mobility in thin films of nanoparticles. In the present work, these two features are combined. A multigram scale synthesis of dispersible, lead telluride nanocrystals (25–50 nm) is developed using hot-injection methods in common organic solvents. These nanocrystals (NCs) are ligand stripped with sulfide (PbTe-S) or iodide (PbTe-I) sources to result in p-type or n-type materials with large Seebeck coefficients at room temperature of 520 or −540 μV·K–1, respectively. Sequential stripping with sulfide and then iodide (PbTe-SI) resulted in a small Seebeck due to counter doping. PbTe-S and PbTe-SI are found to...