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Coin Vault Rant Again...

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Pillar of the Community
BRUCE 1947's Avatar
United States
834 Posts
 Posted 03/25/2007  10:24 pm  Show Profile   Bookmark this reply Add BRUCE 1947 to your friends list Get a Link to this Reply
Sorry to say that's free enterprise for you.

Bruce
Pillar of the Community
TheForce's Avatar
United States
4870 Posts
 Posted 03/26/2007  6:37 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
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basicbob101's Avatar
United States
819 Posts
 Posted 03/27/2007  07:47 am  Show Profile   Bookmark this reply Add basicbob101 to your friends list Get a Link to this Reply
One of the oldest tricks in sales is to start with a very high price and then make a "deal"...the coin shows I have seen on TV are great at this, they try to establish a very high price and then "on the spur of the moment" (after punching some numbers into a calculator)they come up with a "deal" price and a few minutes later one of the show persons will "undercut" the deal to make it even better! Sometimes its like they appeared to be blindsided by the other on the price and complain that it's just "crazy"...I don't believe for a minute that the entire scenario was preplanned to the Nth degree..but people buy it.
Pillar of the Community
Learjet's Avatar
Australia
655 Posts
 Posted 03/27/2007  11:02 pm  Show Profile   Bookmark this reply Add Learjet to your friends list Get a Link to this Reply
Sounds like a great show. They sound as bad as ebay sharks.

Mmm, I wonder if TVSN or Expo have coins on Foxtel?
Valued Member
Guido's Avatar
United States
390 Posts
 Posted 03/29/2007  01:25 am  Show Profile   Bookmark this reply Add Guido to your friends list Get a Link to this Reply
It amazes me how they continue to get away with overcharging people. I checked out their website and they have a 1924 St Gauden in MS65 selling for $2,199. That same coin is shown at $1,625 on the PCGS page and sells for about $1,200 on ebay. That is quite a markup! But so long a people continue to buy their stuff, they will stay on the air. It's all about marketing. If you market things the right way (right meaning effective, not ethical), they will sell, no matter how much you charge.
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