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 Replies: 20 / Views: 13,603 |
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Valued Member
United States
124 Posts |
How is HSN still on the air? Still selling regular shinny change aka proof sets for hundreds of dollars. Ex. Pr70 Presidential dollars pr 70 quarters. Gold plated quarters. Where are the people that has buy this stuff? Past customers don't complain about it? They take HSN stuff to LCS and they realize it's only shinny change. Why these people haven't sue HSN? Could it be possible that past buyers still dont realize they been ripoff. Maybe someday hsn will be on the news for scamming people and Mike missack in jail. Can't wait to see that. Or could it be that customers are embarrassed by it  and stay quit. Edited by alvaro77
04/24/2016 11:30 pm
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Pillar of the Community
United States
917 Posts |
Theres a difference between scamming someone and overpricing their things. There will always be a market for proof sets. I will be one of them regardless of the exorbitant prices or the lack of a return in the secondary market. Hsn is the same as any other business out there. They arent being sneaky about their prices or anything illegal its simple marketing and nothing else.
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Pillar of the Community
Canada
4944 Posts |
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Past customers don't complain about it? The people buying coins off the HSN are likely not numismatists, and probably have no idea of the real value of the items they are buying. The reason they buy these sets is because they find them interesting. To put it simply, past customers don't complain because they don't know that they have overpaid. |
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Valued Member
United States
175 Posts |
I woke up one night to one of these channels. Just so happened they were selling Morgans or Peace dollars. I cant remember off hand... To make a long story short, they gave their price and I imagined they were talking about the sale of multiple coins. IIRC it was around $100. A few minutes longer into their sales pitch and I realized it for ONE COIN! Wow! |
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Pillar of the Community
United States
6326 Posts |
ALVARRO... Mike Mezack is a businessman. He has a right to be a convincing salesman for his products. He has a right to charge a million dollars for the Statehood Quarters, or all the Proof sets, or A.S.E.'s, or anything else he wants to. This is not illegal! --- lol Welcome to America The buyer is the one who decides when, where, and from who they wish to purchase from, if at all. Get a Littleton Coin catalog and Mike Mezack probably beats and/or at least competes right with them. You can "ask" whatever you want for a coin....likely consumers will be people who don't know or don't compare prices with other avenues to get what they want....but oh well...still not illegal. If I could get an informertial on HSN and sell my couch for $60,000.00, i'd do it TOMORROW! --- 
Edited by eaglefoot
04/25/2016 08:42 am
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Pillar of the Community
United States
624 Posts |
I agree that most people don't know they are being ripped off. They are told they are getting a deal by the salesman and they believe it. It happens everywhere, coins just have a lot more experts noticing it. Every store over marks things to say they are on sale when they are all selling pretty close to the same price as each other. Even though some are saying its buy one get one free, 50% off, 70% off. It all comes down to about $20 for a cheap plastic item that will break in two months.
It's not ethical, and it's not illegal but it is still a huge ripoff when you could go to a local coin shop, (if you have one near by, I don't know of any near me and I live in a major city) but local coin shops aren't on the next channel saying, "Hey stupid people at home, looking to invest I have the same thing over here for 1/3 the price." Until that day, hsn is going to make tons of dirty money.
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Bedrock of the Community
United States
17884 Posts |
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Past customers don't complain about it? Well they often do, but they tend to blame the LCS for trying to rip them off. |
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Bedrock of the Community
United States
19931 Posts |
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Well they often do, but they tend to blame the LCS for trying to rip them off. Indeed! How about the "Gold Buffalo Tribute Proof"? I just saw that same, old tired commercial a couple of weeks ago. 100% legal deception, buyers have no recourse, they say "copy", they say it's only a couple milligrams of "gold plating" etc. I'm sure many of these have showed up at dealers who refused to even buy the things.  |
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Pillar of the Community
United States
2543 Posts |
You get EXACTLY what you pay for when you buy from HSN. They show you a coin, they tell you about it, they give you a price, they give you a 30 day money back guarantee. YOU decide, YOU pay, You get exactly what you paid for. Where is the scam? The internet generation both irks and amuses me. Anybody trying to run a business is a thief. Anybody who tries to sell anything for more than some guy on $bay, whose total overhead consists of a 4yr old Dell and the $50 a month he pays his parents for a room in the basement and internet access, is a thief and a scammer. Anyone want to sell ASE's for $5 over spot? Oh yeah ....... and try to run a cable TV network with the profits ......... anyone? There are at least 100 threads on this forum going about counterfeits, how to buy on $bay and not get ripped off and "I'm scared to buy coins, there are so many scammers and counterfeiters out there" Or "I want to buy gold but it is so expensive" People buy from HSN not only because they are uninitiated, but because they know they are not getting a counterfeit coin, they know they have 30 days to return it (I'm sure every $bay seller is happy to refund your money if you change your mind) and you can finance your purchase through flex payments. This is why HSN is in business and stays in business. It is not just ignorant people too embarrassed to complain. By the way Mike Mezack has his own coin show on CSN. Everything is 20%-30% cheaper without all the commissions he has to pay HSN. |
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Pillar of the Community
United States
1913 Posts |
Proof sets are a work of art. It's hard to feel sorry for people who are too lazy to get off their duffs and check ebay for the same thing. |
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Pillar of the Community
United States
3644 Posts |
Oh but how he handles them raw coins all the time...lol |
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Bedrock of the Community
United States
17884 Posts |
People don't realize how expensive TV time can be and why you pretty much have to sell at 200% or more of regular price.
It may have changed but the way it used to be the networks starts off getting 25% of the gross. So if you have a coin you paid $70 for that you would normally sell for $100, and you sell it for $200, the network gets $50 and your down to $150. Still sound pretty good? well you still have to pay for the air time (no the network fee doesn't pay for that), the studio rental, and at least one director, one lighting man, and electrician, at least two cameramen, a sound technician,a stage hand or two, the order takers, and the on air talent, all at union wage rates. 200% of retail may not let you break even, and you are going to have to move a lot of product.
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Pillar of the Community
United States
1316 Posts |
Quote:You get EXACTLY what you pay for when you buy from HSN. They show you a coin, they tell you about it, they give you a price, they give you a 30 day money back guarantee. YOU decide, YOU pay, You get exactly what you paid for. Where is the scam? The internet generation both irks and amuses me. Anybody trying to run a business is a thief. Anybody who tries to sell anything for more than some guy on $bay, whose total overhead consists of a 4yr old Dell and the $50 a month he pays his parents for a room in the basement and internet access, is a thief and a scammer. Anyone want to sell ASE's for $5 over spot? Oh yeah ....... and try to run a cable TV network with the profits ......... anyone? There are at least 100 threads on this forum going about counterfeits, how to buy on $bay and not get ripped off and "I'm scared to buy coins, there are so many scammers and counterfeiters out there" Or "I want to buy gold but it is so expensive" People buy from HSN not only because they are uninitiated, but because they know they are not getting a counterfeit coin, they know they have 30 days to return it (I'm sure every $bay seller is happy to refund your money if you change your mind) and you can finance your purchase through flex payments. This is why HSN is in business and stays in business. It is not just ignorant people too embarrassed to complain. +1 HSN is selling a service to those who are too lazy to work at finding a better price. They are however, transparent in their offering and price, and provide better customer support that the basement priced folks. This is not a scam, it's great marketing. Edited by Collects82
04/27/2016 12:39 pm
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Pillar of the Community
United States
3090 Posts |
Quote:You get EXACTLY what you pay for when you buy from HSN. They show you a coin, they tell you about it, they give you a price, they give you a 30 day money back guarantee. YOU decide, YOU pay, You get exactly what you paid for. Where is the scam? The internet generation both irks and amuses me. Anybody trying to run a business is a thief. Anybody who tries to sell anything for more than some guy on $bay, whose total overhead consists of a 4yr old Dell and the $50 a month he pays his parents for a room in the basement and internet access, is a thief and a scammer. Anyone want to sell ASE's for $5 over spot? Oh yeah ....... and try to run a cable TV network with the profits ......... anyone? There are at least 100 threads on this forum going about counterfeits, how to buy on $bay and not get ripped off and "I'm scared to buy coins, there are so many scammers and counterfeiters out there" Or "I want to buy gold but it is so expensive" People buy from HSN not only because they are uninitiated, but because they know they are not getting a counterfeit coin, they know they have 30 days to return it (I'm sure every $bay seller is happy to refund your money if you change your mind) and you can finance your purchase through flex payments. This is why HSN is in business and stays in business. It is not just ignorant people too embarrassed to complain. By the way Mike Mezack has his own coin show on CSN. Everything is 20%-30% cheaper without all the commissions he has to pay HSN. I couldn't have said it any better! Bravo! |
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Pillar of the Community
 United States
4588 Posts |
At least the dreck is real. If HSN sells "1000 rare Barber quarters over 100 years old" it means scouts raided dealer's 2x2 boxes all over the country to accumulate them in the appropriate grade and cost. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Valued Member
United States
411 Posts |
I some time have some of the same feelings about people that sale on ebay. each and every person has the price in there mind they want or need for said coin. it just amazes me the different prices for the same coin. but its my coin - I can ask that price |
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Replies: 20 / Views: 13,603 |
Posted 04/25/2016 01:17 am
