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 Replies: 9 / Views: 1,000 |
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Pillar of the Community
United States
1353 Posts |
Saw this on HSN last night as a first day issue for $49.They sold out.
What is the big deal?
Thanks
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Pillar of the Community
United States
3077 Posts |
got mine for 1.10 of course it aint slabbed
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Pillar of the Community
United States
4085 Posts |
 I saw those too and thought that was awfully expensive for an MS-67 coin that you can (as mentioned above), buy for basically a buck. I guess some people think that "First Day of Issue" is worth something... Ken |
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New Member
United States
1 Posts |
So, I was looking at the Silver Eagles and Sacagaweas last night on hsn. I watch them periodically for other things, but never before re: coins. In your opinion, those were NOT good prices? 1st day of issue is not something to look for? I am interested in buying coins for my boys. Does someone have a good book recommendation for a newbie? Or a trusted site to buy from? It seems as though I've visited more than a dozen and am not sure which on to choose. But all in all, HSN does NOT have fair prices?
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Pillar of the Community
United States
2224 Posts |
In general, it is the rule of thumb to NOT buy coins from ANY television shopping network! These tend to be over-represented and overpriced.
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Valued Member
United States
317 Posts |
right on coppernickeldaddy! I just wish more novices knew this so they wouldn't get burned starting out.
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Pillar of the Community
Canada
4227 Posts |
That's the really sad part - beginners that get burned can be turned off of the hobby forever.
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Rest in Peace
United States
3039 Posts |
NEVER NEVER buy coins on TV. As others have said, way overpriced! Also never buy any slabbed bullion pieces. They are not coins but pieces of metal. Find a local coin shop or even ebay for your purchases. Better yet join a coin club even if it's a little out of your way. A good source of knowledge. |
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Valued Member
United States
88 Posts |
It is a shame that people are over paying for these coins on HSN. Additionally, the sales people need to stop selling them as investments. If people want to overpay for a beautiful coin, fine. But, it is dishonest to refer to them as investments.
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Pillar of the Community
United States
4541 Posts |
Quote:
Does someone have a good book recommendation for a newbie? Or a trusted site to buy from? A good recommendation is the A guide book of US coins 2009 RedBook. But the values in there are high also.. Look for about 75% of the value in that book.. APMEX is a trusted site plus if you look around there are a lot of people here you can buy from once you get 50 post and 2 weeks in |
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Replies: 9 / Views: 1,000 |
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Posted 02/08/2009 7:03 pm
