I just called CSN (coin shopping network)

**TheNoost** · 06-29-2009, 01:44 AM

And told them theat the guy selling the Morgans was misinformed. Morgans are not PURE silver, they are 90%. I kind of felt like the show is pre recorded with the way the operator started to answer. He then changed to tell me I was right and he will let them know. Then, about a min after I called, the salesman dropped a coin. Now I'm not sure if its live or pre-recorded. Thoughts?

bobbeth87 · 06-29-2009, 03:08 AM

Thought one: Very cool to call them on the carpet....they rip off a lot of people.

Thought two: What on earth are you doing watching that? Don't you know they rip off a lot of people? Do you no have a life?

Treashunt · 06-29-2009, 07:09 AM

Noost:
Have you lost it?
Or are you that desperate to see some coins for sale?

Subscribe to Coin World, and change the channel.

J/K

bama guy · 06-29-2009, 08:04 AM

I think the guy mike explained it one night when he said something like the Morgans were composed of 90% pure silver and 10% pure copper or whatever. Sounded kind of logical the way he explained it

I think a lot of these coin shows replay a lot of stuff. I know the Coin vault does. Saw old chambers making the exact same erroneous statement on two different days. Tell you that Shawn guy is no Robert Chambers for sure.

It is best not to watch to much of this stuff but occasionally I do record it and fast forward through most of it. Sometimes I will watch a bit of it just to make me feel better about some of my purchased I made a few years ago (not from them) and paid to much for. At least I did not pay as much as these people.

vipergts2 · 06-29-2009, 08:19 AM

You know, some times you just have to watch. Kind of like a train wreck, you can't help yourself. That and so you can piont and laugh.

SCNuss · 06-29-2009, 08:54 AM

The shows must be live, since they display a running count of sales, including sellouts.

I do watch it occasionally, for laughs, as these guys hype their over-priced wares. P.T. Barnum was right.

Just Carl · 06-29-2009, 12:11 PM

Quote:

Originally Posted by SCNuss

The shows must be live, since they display a running count of sales, including sellouts.

I do watch it occasionally, for laughs, as these guys hype their over-priced wares. P.T. Barnum was right.

Usually sort of live but remember that few shows today are really live. Many have time delays built in for the oddball, wierdo people that they don't want on a live show. And many of the TV shows you are watching are all prerecorded and when you call in for some items, like those coins, you will still get them since not that many are really sold. The running counters are not always for real you know. Sort of a HURRY or you'll be to late gimmick.
It is fun though to attempt to straighten them out but remember they really don't care about you if your not buying.

**TheNoost** · 06-29-2009, 12:16 PM

Just making sure I wasn't going to miss it if they sold something for a fair price. LOL

Treashunt · 06-29-2009, 12:47 PM

Quote:

Originally Posted by TheNoost

Just making sure I wasn't going to miss it if they sold something for a fair price. LOL

Those shows and "fair price" shall never meet.

Kind of like parallel lines.

hrhomer · 06-29-2009, 08:57 PM

Quote:

Originally Posted by Treashunt

Noost:
Have you lost it?
Or are you that desperate to see some coins for sale?

Subscribe to Coin World, and change the channel.

J/K

I can't speak for anyone but myself, but I LOVE to watch the coin sellers on HSN or whatever, have a few drinks, and yell at the TV. It makes my wife laugh and laugh...

Joe

**Mr. Coin Lover** · 06-30-2009, 04:29 AM

[QUOTE=Just Carl;627547]Usually sort of live but remember that few shows today are really live. Many have time delays built in for the oddball, wierdo people that they don't want on a live show. And many of the TV shows you are watching are all prerecorded and when you call in for some items, like those coins, you will still get them since not that many are really sold. The running counters are not always for real you know. Sort of a HURRY or you'll be to late gimmick.
It is fun though to attempt to straighten them out but remember they really don't care about you if your not buying.

How do you know the counters are not real or accurate?

I'm not trying to defend these guys, and I'm certainly not trying to upset anyone here on CT. I only have cable TV, so the one on the satellite I know nothing about.

Do they sell their coins for high prices? Do they hype the coins they are selling to the max? Definitely "yes" to both questions. But, they have been selling a lot of coins on a regular basis for many many years now. I think HSN does an excellent job in many of thier sets and the display and configuration. I have seen them sell over $200,000 in coins in a couple of hours.

They cannot be selling coins so long in such high numbers to just inexperienced collectors, suckers, or baffoons as often described here on Coin Talk. I have a friend here on Coin Talk that says he usually pays top dollar for the coins he buys because he wants that coin in that condition, and is willing to pay for it.

I think many of the people that buy coins on TV feel that way also. I think over the years many buyers have been pleased with their purchases, and trust the TV sales even if it means a higher price. I'm sure the convienence factor is important to some as well as the fact they can space out payments. Also I understand they have a liberal return policy.

Many people I would think don't have the time, desire, or availabilty to go to coin shops or coin shows. Many are probably too distrustful or feel too intimidated to buy on the internet.

I record the shows and watch them later so I can FF parts I start to get bored with. I find some of the phrases they use on a continual basis funny, but some stuff boring. I have never heard any lying, but very well polished marketing. The one word that gets used to maximum is "rare"; however, when they explain rarity as they mean it I suppose it fits the definition as they are using it.

ahearn · 06-30-2009, 11:57 AM

I've only bought one coin from TV but in this case I knew what I was paying for and why. The sale was the first offering of a treasure find ( I knew from recent news reports and details of the business deal that brought the coins to the TV show), that the coins were legit, were NGC certified, and that I liked the nice (expensive) box and booklet that came with it in case I wanted to give it away as a gift. I didn't look at it as an investment. I was very pleased with this particular purchase but would not generally buy from HSN unless it was something especially unique.

Captainkirk · 06-30-2009, 12:46 PM

Quote:

Originally Posted by Just Carl

Usually sort of live but remember that few shows today are really live. Many have time delays built in for the oddball, wierdo people that they don't want on a live show. And many of the TV shows you are watching are all prerecorded and when you call in for some items, like those coins, you will still get them since not that many are really sold. The running counters are not always for real you know. Sort of a HURRY or you'll be to late gimmick.
It is fun though to attempt to straighten them out but remember they really don't care about you if your not buying.

Yes, like the "Call in the next 20 minutes, because we can't do this all day!" (Sham-Wow)

immytay1 · 09-14-2009, 06:03 PM

That guy on CSN is always making $ and its so funny that people will buy so much of something that is over priced by $100 or so like the 2006W $50 Gold buffalo he said this is as low as I can go when in a magazine it was only worth $1220 and he was selling it for $1399.95