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The TV Coin Guys Are Full Of It Today

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Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 09/12/2018  11:54 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Never confuse expensive with rare. If I wanted to fill that 1909-S VDB hole today I could do it. I would have to choose one, not find one. I just do not have the cash for it right now.


Exactly. With exception of maybe the top pop you could generally build a complete grading set of them in about an hour or so of looking online whenever you wanted, and a large part of that hour would be taken up waiting for webpages to load and typing in your checkout information.
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basebal21's Avatar
13014 Posts
 Posted 09/12/2018  11:57 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

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If a 1909-S-VDB is not "rare," and I can understand why you would say that, then do you have another good word for what it is? Not a phrase, a word.


Available, common, desirable, popular

Just a few that come to mind for single words.

Edited by basebal21
09/12/2018 11:58 pm
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Lucky Cuss's Avatar
United States
4883 Posts
 Posted 09/13/2018  11:21 am  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply
I recall one TV coin show guy referring specifically to the 1921 Morgan (and this may not be a precise quote, but it's very close) as "the most widely collected U.S. silver dollar" - how's that for a too clever conflating of sheer availability with being actually collectible?

Colligo ergo sum
Edited by Lucky Cuss
09/13/2018 8:57 pm
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jbuck's Avatar
United States
189142 Posts
 Posted 09/13/2018  11:44 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:

Quote:
If a 1909-S-VDB is not "rare," and I can understand why you would say that, then do you have another good word for what it is? Not a phrase, a word.
Available, common, desirable, popular
Popular is probably the best of the lot, although the others words are just as true.
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atticguy's Avatar
United States
1373 Posts
 Posted 09/13/2018  9:56 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
I just noticed that 'Magic Mike' is scheduled to be on HSN tomorrow (Friday, 9/14) at 8:00pm EST to show us all the newest wonderful coins he has to sell us. I will watch and write down his prices AND the latest mumbo-jumbo to enlighten us.



Quote:
The real nuts are the people that buy from someone who can afford an infomercial but not a booth in a coin show.
I would be shocked if I ever saw one of the infomercial kings set up at a real coin show. If they did, they'd have COMPETITION, which would surely stump their sales. Also, I truly feel sorry for those who buy from the TV dealers.
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jimbucks's Avatar
United States
4692 Posts
 Posted 09/13/2018  10:09 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply

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I would be shocked if I ever saw one of the infomercial kings set up at a real coin show. If they did, they'd have COMPETITION, which would surely stump their sales. Also, I truly feel sorry for those who buy from the TV dealers.

Those guys who put out the "leading numismatic catalogue" would really be tough competition!
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basebal21's Avatar
13014 Posts
 Posted 09/13/2018  11:03 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Popular is probably the best of the lot, although the others words are just as true.


Nostalgic is probably the most accurate but requires an explanation.

Many collectors came up believing it was a rarity and it was a dream coin for them like the 16-D dime. they may have been pretty rare or the supply well controlled by their local LCS. Once the TPGs and the internet came around the perception was much different for new collectors but many older collectors still had the childhood dream of getting one which has kept it very popular
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BadDog's Avatar
United States
1375 Posts
 Posted 09/13/2018  11:26 pm  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

Quote:
Never confuse expensive with rare.


In the long run, price is a function of supply and demand. It's the demand that makes the 1909-S VDB an expensive coin, not the supply (or rarity).

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Conder101's Avatar
United States
17884 Posts
 Posted 09/14/2018  12:10 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
The real nuts are the people that buy from someone who can afford an infomercial but not a booth in a coin show.

If they had a booth they would be there buying not selling. And in fact one of them used to set up quite often years ago, but not under the shows name. But the dealer was the major supplier of material for the show.
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jbuck's Avatar
United States
189142 Posts
 Posted 09/14/2018  11:22 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Nostalgic is probably the most accurate but requires an explanation.

Many collectors came up believing it was a rarity and it was a dream coin for them like the 16-D dime. they may have been pretty rare or the supply well controlled by their local LCS. Once the TPGs and the internet came around the perception was much different for new collectors but many older collectors still had the childhood dream of getting one which has kept it very popular
I can see it.
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chevelle7167's Avatar
United States
89 Posts
 Posted 09/14/2018  11:12 pm  Show Profile   Bookmark this reply Add chevelle7167 to your friends list Get a Link to this Reply
Oh Tyler, the phone lines are lighting up. You were listening to the sales pitch of the Coin Vault
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 09/15/2018  9:26 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
Snake OIL salesman without the oil.

KK
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everything's Avatar
United States
493 Posts
 Posted 09/16/2018  12:25 pm  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
Everything seems to be a "flip" these days and that's what much of this is. Even I've gotten into flipping things, novelty crap, musical instruments, anything they'll buy, never thought I would.
The service is people buy thinking they've got something great, that's all that really matters. They'll sell anything they can put a sales pitch on.
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 09/16/2018  7:20 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
Everything your right on...so much less of a hobby today. Everybody want UNC coins off the bat...building a collection doesn't interest many people. I remember going right up the grades, trading, selling, buying until I got the best I could. Hunting from circulation was and still is a great pleasure for me. Trying to complete those State and Parks quarters. No need for UNC coins. I just replace those I have with better ones when I come across them.

KK
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txgolfer56's Avatar
United States
475 Posts
 Posted 09/18/2018  5:43 pm  Show Profile   Bookmark this reply Add txgolfer56 to your friends list Get a Link to this Reply
I heard a guy with his own show talk up some reproduced gold coins that were special because they were made from numismatic gold recovered from a shipwreck. Seems more like expensive bullion than a numismatically significant reproduction coin.
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