| Author |
 Replies: 21 / Views: 4,093 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
4778 Posts |
every time I see the commercials for the gold-clad buffaloes and the colorized $2 bills), I end up feeling bad for the people who buy these things thinking they're getting something valuable but instead are getting ripped off
|
|
Valued Member
United States
277 Posts |
You wanna see the funny rip offs just watch the home shopping network or one of those types of channels when they do the coin collecting hours. They sell stuff for 10 to 15 times the normal value of that coin
|
|
Valued Member
United States
362 Posts |
This reminds me of all those 9/11 coin commercials acting like they are a limited run,with a "COA" ect and you have to pay attention to hear them say "layered in such and such carat gold. It kills me to see such crap advertised and prey on naive people.
|
|
Pillar of the Community
United States
917 Posts |
One coin I researched, after finding one of these in the wild, was a gold-plated Kennedy half with either "1960 1980" or "1960 1985" engraved above the motto. It turns out a company was selling them back in the 1980's for something like $6 a piece, to commemorate the 20th or 25th anniversary of JFK's election. While not totally a coin, but still rife with misinformation, a pocket knife with an original Buffalo nickel in it (some versions even had colorized versions; I hope they didn't take original, full date coins and colorized them). One line in the commercial stated that the Buffalo nickel's first mintage was in 1920, to top things off. |
|
Valued Member
United States
56 Posts |
When I first became interested in coin collecting, I watched a show called "The Coin Vault" for hours and hours, and could not get enough of it. The host of that show is now with another home shopping network, but I learned a lot of information that my mind could not get enough of it! In January/February 200, I made my first ASE purchase - (2) 2000 ASE and paid a total of $31.90 (with shipping in that price) for the two coins. Yes, I realized months later, after getting m ore involved in coin collecting, I paid more then I could have from a local dealer. But I learned, so I thought. Jump ahead to today and with the price of silver over $40, it was not such a bad deal I made over ten years ago.LOL But more importantly, I have received a LOT of enjoyment, satisfaction and education in coin collecting, and, am so thankful I spent all those countless hours watching that show. Of course my wife says I need a 12-step program for addiction, but what can I say? |
|
Pillar of the Community
United States
4008 Posts |
Quote:
every time I see the commercials for the gold-clad buffaloes and the colorized $2 bills), I end up feeling bad for the people who buy these things thinking they're getting something valuable but instead are getting ripped off. - JangoFett
Yes, I definitely have to agree with that. My wife and I were watching TV the other evening and one of these idiot-mercials came on yapping about the "$50 gold Buffalo" coin and it's TINY amount of gold. Most Americans do not know what a gram is, let alone a milli-gram. I mentioned this to my wife and she replied that she did not know that a few milli-grams was such a tiny amount... but it is. Think something about the size of a pin-head. Those silly colorized $2 bills are even worse. Add about 10 cents worth of ink to a normal $2 bill and then sell it for $10. Now is that a business or what?  One would think that coloring a bill like that would get a guy into trouble for "defacing US currency" or something. If it doesn't, maybe it should. |
|
Pillar of the Community
United States
4008 Posts |
Quote:
Of course my wife says I need a 12-step program for addiction, but what can I say? - gwcregger Tell her that there is a certain amount of gold or silver that all individual collectors MUST have and that once they reach that amount, they can heave a big sigh of relief because they don't HAVE to buy any more after that. Just don't say what YOUR amount is.  |
|
Moderator
 United States
56855 Posts |
I watch The Coin Vault all the time  I like to see all the coins but have never bought any and won't.Some of their prices are o.k. John1  |
|
Pillar of the Community
United States
1510 Posts |
Quote:
Caught a show on HSN a couple nights ago called coin collector. those guys talk alot of crap also-- theyre just trolling for dummies with alot of money I always liked "you cant get a 2010D penny anywhere!"  "you have to buy these NOW!" Retired USAF 1983-2003
Edited by Coinstar
04/13/2011 2:56 pm
|
|
Pillar of the Community
United States
1064 Posts |
Not to be the bad guy here, but not everyone that buys that HSN stuff is a dummy, they just aren't collector-savvy. I'm guessing many that have bought the NY towers tribute coin, the colored coins and bills, the Princess Diana plates, et al, are very happy with them, and love looking at them, just as we like looking at our stuff. Sometimes coin collectors get burned, too.
|
|
Pillar of the Community
 United States
2207 Posts |
Anytime somebody who calls you "my friend" and wants your money, you can be assured he has something going on.
|
|
New Member
United States
22 Posts |
I can't find the website, but a few years ago some company had this full page ad in the 'Parade' section of the our Sunday paper. They were advertising a safe that came with a bunch of "free" coins, and paper money (a ASE, bunch of $2 bills, etc). They worked up the quality of the safe, geared towards the older generation. Way over charged for what you got as usual. |
|
Pillar of the Community
United States
659 Posts |
Quote:
Of course my wife says I need a 12-step program for addiction, but what can I say? That is what my mom says! Edited by penny man
04/14/2011 12:42 am
|
|
Pillar of the Community
United States
1388 Posts |
Out of all the crap that people sell as "collectibles"(as mentioned above), I feel bad for the coin dealer who is gonna have to hear these people when they come into his/ her shop trying to sell something they think is "very valuable", and they have to break them the news  ... It's not good for collectors or business owners  ... I guess I can understand why coin shop owners would be a little grumpy from time to time... |
|
Valued Member
United States
286 Posts |
WHAT? so the Coin Collector show on HSN is'nt a comedy? :D
|
|
Page 2 of 2
|
Replies: 21 / Views: 4,093 |
Page 2 of 2
|
First Page
Posted 04/13/2011 12:44 am
