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There Are 4 Coin Home Shopping Shows On TV Tonight!

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jbuck's Avatar
United States
189142 Posts
 Posted 10/26/2017  4:46 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
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?
Exactly. The overhead of the brick and mortar coin shop (LCS) is often mentioned to explain why online dealers have better prices. The overhead on a home shopping program makes the LCS expenses look like a pocket change.
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oriole's Avatar
Canada
5246 Posts
 Posted 10/26/2017  5:13 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply

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So what kind of markup do you have to have to cover those expenses?


Evidently, from what we are seeing, quite a large one.
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Silver Ham's Avatar
United States
14 Posts
 Posted 10/26/2017  5:53 pm  Show Profile   Bookmark this reply Add Silver Ham to your friends list Get a Link to this Reply
Although I have never purchased any coins from these home shopping shows, they can be fun to watch. I must admit, I learned about cameo coins while watching Rick Tomaska,s show a few years ago before I found this forum. I was tempted to buy a Franklin half dollar from his show, but it was expensive, and I collect on a budget.
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TheForce's Avatar
United States
4870 Posts
 Posted 11/25/2017  09:26 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I'll tune into the Coin Vault if I want a few laughs. They go on and on about rarity and over-hyping things and a lot of that stuff is overpriced.
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winterfell's Avatar
United States
231 Posts
 Posted 11/25/2017  11:09 pm  Show Profile   Bookmark this reply Add winterfell to your friends list Get a Link to this Reply
I've never purchased from him, but I enjoy watching Rick Tomaska's show.
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afcop13's Avatar
United States
1409 Posts
 Posted 11/26/2017  08:44 am  Show Profile   Bookmark this reply Add afcop13 to your friends list Get a Link to this Reply
I have watched a few times in the past, and enjoyed the laughs. I hear him hype coins up and how rare even the opportunity is to buy such wonderful wares and just laugh. And then I pause, and get sad, because somewhere, someone's grandma is calling in and spending her social security check on these things thinking she is leaving something valuable to her grandchildren. These shows suck.....simply because they take advantage of the uninformed and vulnerable. Tomaska and the others are just used car salesmen and should feel dirty about themselves.
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Sagegirl's Avatar
United States
207 Posts
 Posted 03/22/2018  10:32 pm  Show Profile   Bookmark this reply Add Sagegirl to your friends list Get a Link to this Reply

Quote:
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.


You forgot Choppers Coins and Collectables,selling some shipwreck coins, and Jeremiahs coin and jewelry auction selling a 1000 dollar bill.
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