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 Replies: 50 / Views: 4,724 |
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New Member
United States
17 Posts |
HSN is very overpriced and I also feel that they are not honest in what they say!
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Pillar of the Community
United States
1121 Posts |
My experience with HSN was I was totally sold, hook, line, and sinker. Took what I had purchased to my Grandfather who has been collecting for 50+ years and with a little smirk he took me over and showed me a US Mint catalog which was current and the price was significantly different to say the least. It cost me $, but I learned a valuable lesson.
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Valued Member
United States
429 Posts |
Live and learn and know what your prices are before you even consider it. Years ago me and my wife bought a few items from the network but not coins and were extremely happy at the time. Even when I was not into collecting coins they seemed way overpriced for what you are getting. I think the idea of having it on late at night does help with the gullible factor because we are over tired or have a drunk friend that thinks it would be nice to have, just another marketing scheme that works.
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Pillar of the Community
United States
959 Posts |
I forgot which one on the show says it, but I like the saying;
"If your going to collect something, COLLECT MONEY".
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Pillar of the Community
United States
1228 Posts |
How can they get away with that? there should be a cap/price were they cant exceed a certain price limit like on a variable rate mortgage the government should tax them more at the end of the year I feel sorry for them littel old ladys/new collectors that are buying them and they wonder wy people dont come back and by from them.In and out just like a robery
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Valued Member
United States
201 Posts |
The coins are worth what people are willing to buy them for. Once people stop buying coins at inflated prices, the prices will obviously come down to a market clearing price.
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Pillar of the Community
United States
3499 Posts |
I just love how they not only verbally lie about how much their coins are worth and how rare they are, but on occasion even print off fake price lists (At least they used to years back when I watched). It is as if they just typed up a doc on MS word and showed the print off. It is easy to prove that a VG 1921 morgan is worth $100 if you just make your own price listings. haha
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Pillar of the Community
United States
1228 Posts |
Steamwalker kind of like the suv and big trucks now they cant sell them so there lowering the prices on them as we speak gas is outragious!
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Pillar of the Community
United States
1228 Posts |
Ya the taller guy on hsn seem to be a loose cannon  |
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Valued Member
United States
142 Posts |
I was just reading an article at about.com by Susan Headly (numismatist/writer) called Top 5 Worst Coin Investments. Number one on the list...reads as follows. My #1 Worst Coin Investment - TV Shopping Show Dealers and "Mints"
Number One on my list is the TV shopping show dealers and premium "Mints" out there that sell nice looking commemorative coins for premium prices, but that have no value beyond their bullion (if they have any) when you must eventually sell them. Some of these "Mints" sell on the TV and cable-based shopping channels, and the prices they charge when they do sell genuine U.S. Mint coins are nearly always several times higher than the price the coins would cost from a normal coin dealer! These shows rarely sell anything that can't be acquired elsewhere more cheaply, so don't impulse buy from these shows! Do a little research and you'll see the same Silver Eagles at $2 over spot price from major traditional coin dealers. Most of the Uncirculated Morgan dollars I've seen TV shopping show dealers sell for $300 each can be purchased from a normal coin dealer for $30. Never buy coins from TV shopping shows!In case you are interested in numbers 2-5 they are: My #2 Worst Coin Investment - National Collector's Mint
My #3 Worst Coin Investment - Franklin Mint & Kin
My #4 Worst Coin Investment - Spurious Sets
My #5 Worst Coin Investment - Coins With Crap on ThemThe entire article can be read at http://coins.about.com/od/coinbuyin...ad_coins.htm |
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Valued Member
Philippines
212 Posts |
I guess we are still lucky down here. We don't have any HSN to deal with.
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Pillar of the Community
United States
6326 Posts |
They will have to answer to their Maker when they die........that's the only comfort I feel when HSN is discussed !Maybe somebody will start a legal class action lawsuit someday ! The expert "used car salesmen" techniques are indeed slick.........they could sell a bald man shampoo and other hair products ! It's just so offensive that I'm getting ill just thinking about them and what they do...  ...
Edited by eaglefoot
06/24/2008 08:41 am
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Valued Member
United States
142 Posts |
Maybe HSN really stands for House of Satan's Numismatists.
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Pillar of the Community
United States
6326 Posts |
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Pillar of the Community
United States
5318 Posts |
Oh man...  I suspect the Coin Vault guys were kicked out of realtor school for being a bit too fraudulent for the business. (Excepting those few good, honest realtors of course!) Edited by KurtS
06/24/2008 5:05 pm
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Replies: 50 / Views: 4,724 |
First Page
Posted 06/22/2008 6:25 pm
