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Replies: 22 / Views: 5,552 |
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Pillar of the Community
United States
1261 Posts |
Who said coin collecting is a dying hobby?!
Rick Tomaska is selling MS Liberty Double Eagles right now HSN was selling coins for an hour...most notably a SP70 2017 Gold Eagle Steve and Don are selling proof Silver Eagles Finally, the Coin Vault is selling BU rolls of Silver Roosies.
I know these aren't good purchasing opportunities but still there must be plenty of buyers or they wouldn't be airing these shows.
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Bedrock of the Community
13014 Posts |
I used to like the HSN show just for the variety of it and introducing me to things with world coins I might have missed, can't say I've been able to watch long since it became mostly the ASE show
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Pillar of the Community
United States
1475 Posts |
These coin show purchases are terrible buys, IMO. But the showmanship is fun to watch. They can probably sell a bikini to an Eskimo. 
Edited by Coconutjoe 10/24/2017 10:26 pm
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Rest in Peace
10197 Posts |
Or a bristleless toothbrush to your Mother-in-law...ooooooooo.... 
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Moderator
 United States
56855 Posts |
I have watched them all. Here is MHO of the good to the bad in order:Rick Tomaska-Coin Vault-Steve and Don-HSN.If anyone is watching one of these shows and gets the urge to buy,it would be wise to check the bay for prices first. John1 
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Pillar of the Community
Norway
1358 Posts |
Quote: I know these aren't good purchasing opportunities but still there must be plenty of buyers or they wouldn't be airing these shows. I think this is the most important conclusion here. Either that, or the US is becoming a bit like Norway, where coin collecting as a hobby somehow got forgotten a bit and where, in this case a few TV shows, some company brings it back with exclusive deals on 'highly collectable items'. If it goes the same as in Norway, then a horde of people will pay the biggest possible premium on the most common and numismatic uninteresting items. And in 5 years those will pile up at local coin shops, where no one gets them sold anymore, as the market will be saturated and the amount offered is still flooding the market.
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Moderator
 United States
187702 Posts |
I will pass. My DVR has enough silliness being recorded. 
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Rest in Peace
United States
17900 Posts |
I am thankful I've never watched one of those shows, but between TiVo, Netflix, YouTube and digital antenna I'm proud to pay only $15.97 a month without the thieving cable companies in my pocket.
There's actually some good educational coin stuff on YT, so if I'm feeling numismatically deprived I head there.
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Bedrock of the Community
United States
17884 Posts |
There are 4 coin home shopping shows on TV tonight!
RUN NEWBIES RUN!
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Pillar of the Community
United States
992 Posts |
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.
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Bedrock of the Community
United States
94367 Posts |
They can be hilarious, I agree.
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Bedrock of the Community
United States
20753 Posts |
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.
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Pillar of the Community
Canada
5239 Posts |
Some reasons, I have been told, that stuff is so expensive are:
1. The shopping channels take a cut. 2. The seller is obligated to take returns, and apparently quite a few get returned.
Edited by oriole 10/26/2017 07:37 am
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Pillar of the Community
United States
1303 Posts |
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.
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Moderator
 United States
23522 Posts |
Rarely am I so thankful for not owning a television.
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Bedrock of the Community
United States
17884 Posts |
Quote: Some reasons, I have been told, that stuff is so expensive are:
1. The shopping channels take a cut. 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?
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Replies: 22 / Views: 5,552 |