Hsn Lincoln Cent Program - Page 2 - Coin Community Forum

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Author	Replies: 24 / Views: 4,984	Page: of 2

BH1964 Bedrock of the Community United States 10982 Posts	Posted 04/22/2009 9:21 pm Congratulations on getting your coins Thad. I wonder how the ANACS graded cents would compare to the PCGS MS67's being sold in Coin World. For the price the HSN deal was still pretty good. ANA #R3154474 Report this Post to the Staff
tornandfrayed75 Valued Member United States 447 Posts	Posted 04/22/2009 10:18 pm Thad, 69 from one of your rolls. Excellent!! I know you know how happy that makes me! Got my HSN pack today also. Grading certs are already filled out and package will go into the mail tomorrow. Report this Post to the Staff
BadThad Bedrock of the Community United States 19949 Posts	Posted 04/22/2009 10:53 pm Hey, thanks to a very nice person I had quite a few rolls to look through! The one that went into my collection was nearly hit-free. It's far better than either of the two slabbed 67's. The D coin has a "cat scratch" on it! There's 4 light scrathes in the main (right) obverse field and a couple hits on the portrait, one fairly deep. The one thing I give them is the lack of black spots, they are both fairly clean for this issue. To me it's as if they were simply graded on that and not the hits. Now...let's think about how HSN did this. They shipped thousands of orders, the auto ship is sold out. I don't think that ANACS would pick out the high grades from mass numbers of rolls. It would make sense that HSN put people in a room, instructed them and they cherry picked for hours on end. The other intresting point is how they negotiated these coins from the mint. Obviously, some sort of deal was worked out by somebody slick from HSN. All I can say....the price was right! Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 04/23/2009 08:40 am I would REALLY like to know about these "dealings" going on, which maybe aren't "secret" or "illegal"....just purposely unknown.... but how and why the Mint is making things available through distributers "dealers" FIRST, and THEN the common public shouldn't be a minor secondary issue for them...(like with Silver Bullion Eagles)...oh....nevermind.....I know.....it's all about the best financial plan for "them" and not "our" best interests right ? Whatever gets people the highest profits/wages/benefits from top to bottom....then the "consumer" can pay the outrageous high price for the finished offered product when it's finally available ! Uh Ohh.......I feel another topic hijack and "rant" coming on....I better stop !..... Edited by eaglefoot 04/24/2009 08:37 am Report this Post to the Staff
KenKat Pillar of the Community United States 4085 Posts	Posted 04/23/2009 09:22 am Quote: Now...let's think about how HSN did this. They shipped thousands of orders, the auto ship is sold out. I don't think that ANACS would pick out the high grades from mass numbers of rolls. It would make sense that HSN put people in a room, instructed them and they cherry picked for hours on end. The other intresting point is how they negotiated these coins from the mint. Obviously, some sort of deal was worked out by somebody slick from HSN. All I can say....the price was right! When I was watching the guy on HSN talk about these one evening, he said that they went through over a million coins to get enough 67's to offer this program. I thought I heard him say that of the million they went thru that MS-67 was the highest grade found. Ken My 7070 US Type Set My 7100 Lincoln Cent Set (now with updates!) Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 04/23/2009 09:51 am Quote: The other intresting point is how they negotiated these coins from the mint. Obviously, some sort of deal was worked out by somebody slick from HSN. Quote: I thought I heard him say that of the million they went thru They got ONE MILLION Cents ?......MAN !.....(I bet they got MUCH more than that too, for "future sales")..So just what kind of deal DID they get ?.....and from whom exactly ? What were the details of this business transaction ? How much money was made ? How much money will be made ? And did it hurt "our" accessibility to them ? Did it allow a "price fix" by only one entity ? Or even by two or three ? Questions and curiosities...... Edited by eaglefoot 04/23/2009 09:55 am Report this Post to the Staff
KenKat Pillar of the Community United States 4085 Posts	Posted 04/23/2009 11:09 am The guy talking about this was (I believe) Mike Mezack: He's on a thing called CSN also but he sometimes teams up with the other guy - Allan Skantz - on HSN: The basic formula seems to be that Mike talks up the deals and then Allan jumps in a says "hey, you should listen to this". My 7070 US Type Set My 7100 Lincoln Cent Set (now with updates!) Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 04/23/2009 12:04 pm Yup !.......These two re-wrote the book on "Snake Oil Salesmen" for the new millenium ! The art of "used car salesman" tactics are put to amazing use by these gentlemen ! It IS incredible to watch them in action.......and their success in selling their overpriced coins to the public is incredible to behold ! They probably made millions JUST ON THE Statehood Quarters ALONE ! Their Uncirculated materials Their Proof materials Their Silver Proof materials Their Gold Plated materials Their Platinum Plated materials Their Graded/Slabbed materials Their graded coin tube materials Their "special arrangement" materials Their "completed" Classic coin folders and/or albums of various denominations It's just all quite a bit to take in.......especially if you're aren't pre-armed with "current fair pricing knowledge" before you decide to watch the program ! Report this Post to the Staff
hawkeye Valued Member United States 141 Posts	Posted 04/26/2009 9:36 pm Been traveling and just got home and opened up my shipment. I'd have to agree with BadThad. Not only was the grading hasty, so was the packaging. The ANACS label is crooked on one and the coins in the rolls look better than the slabs. However, they did send two sets of P & D slabs. I think I was only supposed to get one, so I like that mistake. Report this Post to the Staff
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