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There Are 4 Coin Home Shopping Shows On TV Tonight!

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chesterb's Avatar
United States
1261 Posts
 Posted 10/24/2017  9:54 pm Show Profile   Bookmark this topic Add chesterb to your friends list Get a Link to this Message Number of Subscribers
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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basebal21's Avatar
13014 Posts
 Posted 10/24/2017  10:17 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
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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Coconutjoe's Avatar
United States
1475 Posts
 Posted 10/24/2017  10:25 pm  Show Profile   Bookmark this reply Add Coconutjoe to your friends list Get a Link to this Reply
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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Crazyb0's Avatar
10197 Posts
 Posted 10/25/2017  12:17 am  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Or a bristleless toothbrush to your Mother-in-law...ooooooooo....
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John1's Avatar
United States
56855 Posts
 Posted 10/25/2017  04:38 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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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UltraRant's Avatar
Norway
1358 Posts
 Posted 10/25/2017  05:05 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply

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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jbuck's Avatar
United States
187702 Posts
 Posted 10/25/2017  10:15 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I will pass. My DVR has enough silliness being recorded.
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moxking's Avatar
United States
17900 Posts
 Posted 10/25/2017  10:52 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
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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Conder101's Avatar
United States
17884 Posts
 Posted 10/25/2017  12:22 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
There are 4 coin home shopping shows on TV tonight!

RUN NEWBIES RUN!
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paxbrit's Avatar
United States
992 Posts
 Posted 10/25/2017  3:15 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
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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Coinfrog's Avatar
United States
94367 Posts
 Posted 10/25/2017  4:34 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
They can be hilarious, I agree.
Bedrock of the Community
United States
20753 Posts
 Posted 10/26/2017  07:29 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
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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oriole's Avatar
Canada
5239 Posts
 Posted 10/26/2017  07:37 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
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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thecoinguy1964's Avatar
United States
1303 Posts
 Posted 10/26/2017  08:14 am  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
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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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/26/2017  08:38 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Rarely am I so thankful for not owning a television.
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Conder101's Avatar
United States
17884 Posts
 Posted 10/26/2017  4:31 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

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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