I just saw this on hsn, on now,,,$2999,,ms70 age plus almos $20 shipping ,,thats nuts,,,oh and it graded by anacs....i dont know what to say about that,,oh and its FDOI
oh yeah i hear he,,,they said they had to commit to 1.5 million in coins just to get the 137 of the ms70's to sell,,and they get $411,000 for selling those 137 coins
hmmm last year, HSNI net sold 2.8 B. USD and made a profit of only 72 M USD. They should up their prices clearing that little Wonder how much they pay the actors.
Are you telling me there is that many people that buy a tube of 20 ASE for $999.99 from these guys, when the rest of the world gets them for $600 from reputedly bullion dealers?
If the coin sales (Using that term loosely) are any indication of their deals, than a 40% markup is across the board...
I was referring to their last SEC yearly 10K report. The company HSNI sold 2.8 billion US dollars worth of merchandise ( not all coins), but reported that after the expenses the profit for the shareholders portion was only 72 million USD. The CEO Ms. Mindy Grossman, get 2.91 Million a year. Interesting in that the top 3 executives are all female, which is seldom seen in public companies.