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Replies: 10 / Views: 1,956 |
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Pillar of the Community
United States
1510 Posts |
has anyone ever bought from this show? and who are they geared toward-- regular public or actual coin collectors?  Retired USAF 1983-2003
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Pillar of the Community
United States
4000 Posts |
I think they are more geared to A) people that want to be collectors, B) people that want to buy for a collector they know, or C) people that need quick sets that don't have time to put them together themselves. For example, the grandpa that wants the set of State Quarters for all 10 of his grandchildren, or the mom and dad that knows their son or daughter collects but doesn't know what is what. They are typically way overpriced for the astute collector.
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Moderator
 United States
56855 Posts |
I have not bought from this seller but I do watch them all the time.As for who they are geared for,I would put them above HSN and QVC if that helps any. John1 
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Bedrock of the Community
United States
17884 Posts |
Never by coins from a TV show/program. In general the prices will be from twice to four times what they would be from a regular dealer.
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Moderator
 United States
23522 Posts |
They're geared towards people who have more money than brains, and people who enjoy paying too much for stuff.
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Valued Member
United States
53 Posts |
No doubt, I agree with Conder and SupeDave. Never buy coins from a TV program....the prices are ridiculous! If I could get those same prices I would be in business. I have watched some of these programs from time to time but never to buy...just to look at what they have and I will admit, I have also learned some things about certain coins in the process.
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Pillar of the Community
United States
4989 Posts |
I was just watching coin vault last night. They were selling AU to MS-62 common date Peace dollars for the "bargain" price of $32. They routinely stated that this was "$4 over melt value" which is not accurate. A Peace dollar contains only $21.75 or so worth of silver at current spot so their price is $10 higher than melt. They also claimed their coins were worth an average of $84 which is not inaccurate for the common date coins they were peddling. They scarcer issues that bring that average price up were almost certainly not included in their "dates ranging from 1922 to 1927" lot. I am certain it was all junk AU with perhaps a couple of low MS coins in there for show.
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Bedrock of the Community
United States
10045 Posts |
Quote: ... towards people who have more money than brains,  I've watched the show as a case study of scammers with dodgy, polished speech. Those guys are predators.
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Moderator
 United States
16677 Posts |
Quote: They're geared towards people who have more money than brains, and people who enjoy paying too much for stuff.
Exactly. Avoid any of these tv coin shows. They mark up coins 500-700%
swcoin.ecrater.com
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Valued Member
United States
364 Posts |
Quote: They're geared towards people who have more money than brains, and people who enjoy paying too much for stuff. That's just not true. I called up Congress, and they said they're not interested at all in coin collecting.
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Pillar of the Community
United States
4989 Posts |
The funny thing about congress is that everyone loves their local representative but hates the body as a whole. Very strange artifact of our modern society; the nation is incredibly fragmented perhaps Lincoln was wrong and we are better off as multiple republics rather than a single union?
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Replies: 10 / Views: 1,956 |
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