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Telephone Coin Marketers

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Pillar of the Community
Pertinax's Avatar
United Kingdom
2133 Posts
 Posted 09/24/2010  2:50 pm Show Profile   Bookmark this topic Add Pertinax to your friends list Get a Link to this Message Number of Subscribers
I've just seen an article titled Coin Marketers Targeted in New Legislation - see http://www.numismaster.com/ta/numis...icleId=13897.

What is a telephone coin marketer ?

Is it someone that you've never heard of, ringing you and offering you the chance to buy a coin ?

Why would any person say "yes, I'll buy", without seeing the coin ?

So far as I know we don't have such a phenomenon in the UK, but perhaps I haven't understood.

Most people here have never even thought of collecting coins, far less spending money on them.


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vgasca's Avatar
Switzerland
46 Posts
 Posted 09/24/2010  3:00 pm  Show Profile   Bookmark this reply Add vgasca to your friends list Get a Link to this Reply
Telephone coin marketer will usually call you to sell you "rare coins" or tell you that they have a high value coin that you cannot let go. They will work on you and try to convince you. Watch out. :)
Pillar of the Community
United States
539 Posts
 Posted 09/24/2010  3:22 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply
But who in their right mind buys precious metals or coins sight unseen from a telemarketer? Am I the only one that thinks this is just silly legislation aimed at hucksters and those they prey on. I guess we need to protect them too but the hucksters are going to find a way around this. You cannot legislate morality no matter how hard you try. And you cannot legislate away ignorance either.
Rest in Peace
pls's Avatar
United States
1729 Posts
 Posted 09/24/2010  5:38 pm  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
Who in their right mind still gets calls from telemarketers? My two phone numbers are on the national Do-Not-Call registry, and on top of that I have a Callmenot.com anti-telemarketing device attached to my phone - legit callers have to press the number specified to ring through. I haven't talked to a telemarketer in over 4 years, not even an illegal one, not even one of the so-called surveyors, and NEVER a robo-caller, which means my joke-of-a-representative's robocalls go nowhere.

Did I mention that I hate telemarketers and spammers alike? Do I even need to?
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m9frank's Avatar
United States
628 Posts
 Posted 09/28/2010  11:48 am  Show Profile   Bookmark this reply Add m9frank to your friends list Get a Link to this Reply
I purchased an American Silver Eagle bullion coin through an ad in a coin book, great price, good deal. Within days a tele-marketer was hounding me to buy more coins. I didn't provide a phone number when ordering the ASE, I assume they got my number by cross-referencing my mailing address. I had to be more than rude to get the guy off my tail. I hope legislation will solve this problem.

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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/28/2010  12:28 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Is it someone that you've never heard of, ringing you and offering you the chance to buy a coin ?


Yes. Although, in the current more-regulated telemarketing environment (in the US), it will be someone who has bought the right to contact you from someone else whom you have given permission to send you offers. It's an insidious process, usually begun by registering for some online shopping site/information outlet, and most people do not read the fine print of what they're giving permission for.


Quote:
Why would any person say "yes, I'll buy", without seeing the coin ?


Because they're gullible, herd-behaving prey who refuse to exercise the smallest percentage of their dubious intelligence. We're not all smart enough to come to Coin Community.
Bedrock of the Community
United States
20753 Posts
 Posted 09/28/2010  4:56 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Not sure about other countries but the telemarketing system runs rampant in the USA and has for a long, long time. They are made fun of by comedians, the newspapers, TV shows and on and on yet they are almost as big as they were not long ago. Even our government passed laws so you could add your name to a no call phone list mostly due to these pests. And if you read about them you would see how they have swindled millions of people out of millions of dollars. If your not familiar with this system you would be shocked at some of the STUFF people buy from them. I've heard about buying one square foot of land, jem stones worth a fortune, articles of clothing worn by famous people. Regardless of how many times you say no one would buy something like that, during the time you said that, probably ten people did.
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Pertinax's Avatar
United Kingdom
2133 Posts
 Posted 12/17/2010  4:08 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
Thanks for all your answers.
Bedrock of the Community
United States
20753 Posts
 Posted 12/18/2010  3:10 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Who in their right mind still gets calls from telemarketers? My two phone numbers are on the national Do-Not-Call registry, and on top of that I have a Callmenot.com anti-telemarketing device attached to my phone -

Not sure how this all works today. Someone told me that the nocall list is only good for 5 years and then you must renew it. I was, am, might be still on it but occationally I do get calls from such telemarkets anyway. I usually just ask if they know they are breaking the law and they just hang up then. It is odd though that at election times every candidate can have people call you regardless of any such list. And as long as people try to sell anything, anywhere, there is always someone to buy it.
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pls's Avatar
United States
1729 Posts
 Posted 12/18/2010  5:34 pm  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
Unfortunately, the callmenot device no longer is available, although mine still works well, and there probably are other brands available.

The DNC registry is all but useless, as "non-profit", political, and alleged surveyors can still legally call. I sometimes miss "alert" calls, along with all other robocalls (legit or not), but the peace and quiet I enjoy is worth it. If I'm feeling really mean, I set the device to kick in during the first ring; it sends a "no connection" tone back down the line for not only my number but all the others a robocaller might be trying to contact, and all the numbers are automatically flagged as being "bad" numbers.

Did I mention that I detest telemarketers and spammers? Do I need to?
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