There Are 4 Coin Home Shopping Shows On TV Tonight!

Another reason why I gave up cable ten years ago, I guess. I recall seeing such sellathons.

Let me say, however, it's a free country and the public gets to spend their money as they please.

The goods are overpriced, but at least it's genuine, and hardly overgraded, unlike material that can be seen in any coin shop.

They are fun to watch. Only thing that gets me is do they really get people to buy that stuff? Guess so or they wouldn't stay on TV.

My wife the other night told me there was a coin show on, which surprised me, because she hates me buying coins. For grins, I went ahead and put it on, but it's always the same, overpriced coins, most of the time silver eagles. I always enjoy looking at old US coins for sale, but even if I had unlimited funds, this would be the last place on earth I'd buy coins.

A big cut. I don't know if the rates are still the same but it used to be the Network got 25% of the gross just for network access. That doesn't include paying for the airtime or the studio rental. Then there are the labor costs, a producer, director, sound man, at least two camera men, a lighting technician, electrician, on air talent (usually at least two people) probably a gaffer and a couple of assistants. All paid at union scale. Then there is the staff that takes the phone orders. And of course the wholesale cost of the material to be sold. So what kind of markup do you have to have to cover those expenses?

Evidently, from what we are seeing, quite a large one.

I'll tune into the Coin Vault if I want a few laughs. They go on and on about rarity and over-hyping things and a lot of that stuff is overpriced.

I have watched a few times in the past, and enjoyed the laughs. I hear him hype coins up and how rare even the opportunity is to buy such wonderful wares and just laugh. And then I pause, and get sad, because somewhere, someone's grandma is calling in and spending her social security check on these things thinking she is leaving something valuable to her grandchildren. These shows suck.....simply because they take advantage of the uninformed and vulnerable. Tomaska and the others are just used car salesmen and should feel dirty about themselves.