The Coin Vault

The fact that there are so many coin shows being aired these days speaks volumes. It is a true testament to the fact that the number of "coin collectors" has grown exponentially since 1999. All of the above mentioned shows are entertaining and very funny, though I feel sorry for Shawn on Barry Chappell's show. He couldn't sell me water in the Sahara. But Mike on ShopNBC (The Coin Shoppe), tops 'em all. He moves an enormous amount of coins at basically, double retail. He exploits ShopNBC's huge customer base like a true maestro.

Change the channel.

The Coin Shoppe is so terrible, I've watched both just to see how bad they're ripping people off and I really hope people aren't ordering from either of them. Reminds me of the South Park episode "Cash 4 Gold"

They wholesale it out to your local coin shop and auction houses. They make so much on the slabbed coins and sets that dumping the leftovers for spot still leaves them a hefty profit. I read somewhere the Mike Mezack, the talking head , from HSN Coin Vault, has sold almost 2 billion dollars worth of coins in the last 20 years. 100 million dollars a year on HSN alone.

I $50 haircut, a $1000 suit, a pleasant smile, a little humor and numis knowledge mixed with insomniacs with a credit card is big ..... big business.

Reality, entertainment TV at it's finest, I always DVR it.