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 Replies: 12 / Views: 1,148 |
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Pillar of the Community
United States
1703 Posts |
I was watching HSN's two hour coin show lastnight.NO,I don't buy from them but I still get a charge out of watching them sell coins for twice there worth.  They had the complete 1986-2006 ICG MS69 Silver Eagle Dollars sets for what they said was $2000 Off!! they were giving them away for $999.99 +Shipping.  I must have been out of the loop for a while,I never saw this set selling for $3000 at anytime.  |
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New Member
United States
19 Posts |
I saw that too, I only watch those shows now to get some coin information once in a while. I wonder why a goverment agency hasn't gone after them, how can they falsy state information.
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Pillar of the Community
United States
756 Posts |
Dang it. I get a 10-15%+ discount from there too, I could have really saved!
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Valued Member
United States
94 Posts |
Wait a minute. Last month I bought two sets for $6,000 total, are you implying I got ripped off? |
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Valued Member
United States
136 Posts |
In an attempt to get my wife interested in coin collecting, we recently sat through one of these shows (nothing else was on). We used the Red Book and looked up prices as they displayed coins on the screen. She was amazed at what they charged. Still couldn't get her interested emough to go to the coin store with me though! |
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Pillar of the Community
United States
1454 Posts |
quote:
Originally posted by Sibertekt
I wonder why a government agency hasn't gone after them, how can they falsely state information.
They're really not falsely claiming anything. They are selling at this price to people who don't know any better. Supply and demand, if enough people are willing to overpay for the items they are selling then that is market economics. The thing to do is to get educated and check prices on a regular basis and stay informed. |
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New Member
United States
19 Posts |
quote:
Originally posted by Irishraider
quote:
Originally posted by Sibertekt
I wonder why a government agency hasn't gone after them, how can they falsely state information.
They're really not falsely claiming anything. They are selling at this price to people who don't know any better. Supply and demand, if enough people are willing to overpay for the items they are selling then that is market economics. The thing to do is to get educated and check prices on a regular basis and stay informed.
Maybe, but if they tried to do this in New York City the AG will be all over them like a cheap suit. |
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Pillar of the Community
United States
773 Posts |
Geez,educated or not,you would still think that people would do a little research before buying something that expensive!!
YIKES!! :)
Oh yeah,loved the little laughing guy :)
:) sn31.
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Valued Member
United States
155 Posts |
It seems to me there should be something that should in my opinion be done about shows like this. Especially the ones selling plated, painted or otherwise altered coins. At least just selling overpriced coins people are paying to much but there's a decent amount of actual value tied in there. When they sell essentially "ruined" coins I think they should be required to state they don't have any value as traditional collectibles and are only curiosities.
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Rest in Peace
United States
3730 Posts |
Once in a great while, I will watch this program.
After laughing my head off, and then feeling bad for those who are being fleeced, I change channels.
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Rest in Peace
United States
3730 Posts |
I watched a commercial on television recently which I felt pushed the limits of false advertising.
The object for sale was a New York Trade Center "coin." While the U.S. Mint, or Government, wasn't mentioned, part of the commercial stated "After a certain number are minted, no more will be available for circulation," or something similar. This would lead the gullible to think that the "coins" were indeed actual coins.
Of course, describing the item as a medalic curiosity probably wouldn't do much for sales.
Edited by Gary Burke
08/31/2006 02:26 am
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Pillar of the Community
 United States
1703 Posts |
quote:
Originally posted by Gary Burke
I watched a commercial on television recently which I felt pushed the limits of false advertising.
The object for sale was a New York Trade Center "coin." While the U.S. Mint, or Government, wasn't mentioned, part of the commercial stated "After a certain number are minted, no more will be available for circulation," or something similar. This would lead the gullible to think that the "coins" were indeed actual coins.
Of course, describing the item as a medalic curiosity probably wouldn't do much for sales.
I saw that also Gary and noticed how they were twisting words to describe the token as 24k genuine clad proof. My aunt even mentioned to me,"did you see that coin on TV" she thought it was a wonderful coin.  |
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Pillar of the Community
United States
756 Posts |
"gold actually taken from the site of the World Trade Center...."
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Replies: 12 / Views: 1,148 |
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Posted 08/30/2006 08:45 am
