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The Coin Vault On Television

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wrigcasull's Avatar
United States
18 Posts
 Posted 04/18/2020  4:29 pm Show Profile   Bookmark this topic Add wrigcasull to your friends list Get a Link to this Message Number of Subscribers
I rarely complain, however the price of modern coins on the TV show "The Coin Vault" is absolutely ridiculous. They show a scrap piece of paper with a grossly over inflated price and baseline that as the current "value", then up-charge their stuff a good 30%+ from real competitors. Something needs done as they are taking full advantage of non educated buyers. Difference in Capitalism and Price gouging.
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westernsky's Avatar
United States
7613 Posts
 Posted 04/18/2020  5:04 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
It is very expensive to buy time on broadcast/cable/satellite TV. Their target market are those that are confined at home with little life other than a TV and nothing else to do. There is no shortage of that target market right now.

Easiest solution is to not buy from them or even watch the show.
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wrigcasull's Avatar
United States
18 Posts
 Posted 04/18/2020  5:32 pm  Show Profile   Bookmark this reply Add wrigcasull to your friends list Get a Link to this Reply
Agreed
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ijn1944's Avatar
United States
19113 Posts
 Posted 04/18/2020  6:23 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
People being people--been happening for a loooooong time. Imagine the 1800s, the 1500s, 883 BC, etc.
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John1's Avatar
United States
56855 Posts
 Posted 04/18/2020  8:01 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Of the coin shows on TV,I watch and trust them the most. Everyone who buys a coin from any TV show needs to know the current retail price before buying.
John1
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Ballyhoo's Avatar
United States
1613 Posts
 Posted 04/18/2020  8:41 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
Thursday night they were pushing twenty vg, maybe one or two fine on a good day, Barber halves and twenty 1964 Kennedy's as brilliant uncirculated. In reality the latter looked as though they had been in a sand storm with all those marks. And the "deal of the day" price? $459.99. What a bargain!
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There are no problems only solutions - the late, great John Lennon
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BStrauss3's Avatar
United States
4587 Posts
 Posted 04/18/2020  9:05 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Something has to pay for the host's $250 haircuts and $250,000 cars...

Why should it be YOUR coin budget...
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
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Greasy Fingers's Avatar
United States
6994 Posts
 Posted 04/18/2020  9:37 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
With my Red Book in hand I view it not as a "shopping network" but more so as a sitcom...

Then try to price their coins to the nearest dollar
Edited by Greasy Fingers
04/18/2020 9:38 pm
Bedrock of the Community
United States
20753 Posts
 Posted 04/19/2020  11:56 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
It is just a normal TV practice to sell STUFF. Why not watch the HSN on TV for a great laugh? There is that tall, fat guy that has no idea of anything selling anything, anyone will buy. Ever go to a used car lot? IF you do you'll see and hear almost the exact same type of pitch. I suspect that most people on TV selling anything were at one time used car salespeople. I actually like some of those nutty TV adds. I really like all the ones that come out with a new weight loss machine or device. So as to selling coins, why not try almost anything? And I really love those statements about how rare a coin or coins are and to prove it they show you a page copied from ebay. It's all in fun so just enjoy them and feel sorry for those that fell for it.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 04/20/2020  07:49 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Coin Vault is one of the ones I actually like. They are a bit pricey, but not outrageous. They present the stuff honestly and I have purchased from them before. If they have something I want that I havent found elsewhere, the extra money is, to me, simply a finders fee. I would also buy from Tomaska's show.

And please, save the indignity and something must be done rigamarole. If you dont like it, dont watch or buy from them. Like I dont watch nor would I EVER buy from that moron "Chopper". I mean, clearly, I watched him once, but that was all I needed. LOL
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John1's Avatar
United States
56855 Posts
 Posted 04/20/2020  08:04 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

John1
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hfjacinto's Avatar
United States
7273 Posts
 Posted 04/20/2020  10:13 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
There are prices that make no sense on ebay, Amazon and almost every place else. You don't like it don't buy it. Early this year I went to go see Wicked with my wife in NYC. We wanted good seats, the best seats we found was on Broadway.com and they charged an exorbitant service fee, with great seats. So we made a decision to pay more for a better seat than a lower price. Was I ripped off, I don't feel because it was what I wanted at a price that I thought while high was fair, so I paid for the high service charge. Sometimes people buy expensive coins because of the presentation.
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United States
1913 Posts
 Posted 04/20/2020  3:16 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply

Quote:
Something needs done as they are taking full advantage of non educated buyers. Difference in Capitalism and Price gouging.

These free people are non-educated because they choose to be ignorant. Who would you propose to do what?
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merclover's Avatar
United States
10635 Posts
 Posted 04/23/2020  11:53 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
Best thing you can do to combat crappy shows like this one? Turn the tv off.


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Sagegirl's Avatar
United States
207 Posts
 Posted 04/25/2020  6:16 pm  Show Profile   Bookmark this reply Add Sagegirl to your friends list Get a Link to this Reply

Quote:
And please, save the indignity and something must be done rigamarole. If you dont like it, dont watch or buy from them. Like I dont watch nor would I EVER buy from that moron "Chopper". I mean, clearly, I watched him once, but that was all I needed. LOL


Chopper is the worst.
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Pertinax's Avatar
United Kingdom
2133 Posts
 Posted 04/25/2020  6:59 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
I suspect people who buy on such programmes believe everything they're told on TV is true, much as they believe everything that Donald Duck says is true or that everything they read in the paper is true.
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