my dad bought quarters from HSN!!!

so my dad heard i was sorting through rolls for coins and said he started collecting a couple of years ago and just bought some quarters that were going to be worth a fortune from a tv show a while back. im pretty sure they are worth next to nothing but didnt want to tell him that.

they were sets of quarters broken down by year and for each year there is a set of platinum plated and gold plated quarters. he also got the Philadelphia mint "edition" for each year. id he screw up or am i wrong in thinking that they will never gain value because of being plated?i think the only ones that may ever be worth more than face value are the philadelpia mint ones.

 

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They will never be worth more than melt because they are plated. As for the Philadelphia quarters...they might have a value over face if they are nice uncirculated examples. But even they are so common I highly doubt they will ever be worth more than he paid for them.

 

thats what i figured. i think he paid like $8 a set. i dont even really want to tell him since he bought about 15 sets each with 5 quarters. the crappy thing about it is he bought them hoping the value would rise rather than just wantig to collect them.

 

Sooner or later you're gonna have to clue Pop in.......if for no other reason than for keeping him from making another mistake buying from those guys.

 

Yeah, you've got to tell him.

Chris

 

i know i have to it just sucks. not only was he all happy and proud of them but he's disabled and on a fixed income.

 

If Outlaw is like me, those coins are priceless. My mom thought she was doing me a favor and bought me those gold first day issue stamps years ago. Now that she's gone, these are my most cherished collectables.

 

I found a few gold plated Kennedys when roll hunting. I assume they where HSN coins originally.

To me they are 10$ a piece on the bay lol.

 

One way to tell him is that it is the numismatic equivalent of buying Franklin Mint Plates or Marie Osmond Dolls. And that anything sold on TV in a 'limited' or 'special' set is almost certain to never gain value over the long run.

You might also mention that there are many people who do purchase them only to find out later (or their giftees or heirs find out later) that they have no real value.


And tell him you appreciate his thoughtfulness, even though the coins will probably never appreciate in value.

BTW, in between collecting, my mom started buying two sets of each State Quarters. They came two to a sheet, along with some colorful printed info on the states quarter, and if I remember correctly, also a stamp from the state. She thought my kids would love them. Both children of mine had absolutely no interest in them, and she finally stopped getting them after she quit with the payments. I took each sheet and kept the nicest quarters, and trashed the sheets. Too bad, but it was pretty and shiny and she thought they would rise in value. She did the same thing with the Marshall Island's Space coin (5.00 face value), I think from 1986 (?), which if you are not in the Marshall Islands is not worth diddly, and if you are, you are limited in trading it in for 5.00 - from what I've read. She got three of those. She finally stopped buying the stuff when her memory failed and we put her in a home. We cancelled all her subscriptions to junk.

 

There could still be time to return them.

Now, sit him down and say:

"Dad, remember about that chat about the birds & the bees? Well here are more of the facts of life:

HSN stinks."

Then ask: "Do you still have the original packaging?"

 

My mother boughtas a gift for me a "roll" of state quarters from the NCM that consisted of 10 coins, and every 4 months they would ship out the new state... I made her promise to never buy coins from the TV or magazine/catalog/newspaper again without consulting me. She did call and cancel the recurring shipment after they sent her the second set, which she also refused.
I never opened the roll, but the enders looked to be MS64-MS65.

 

Hey.. one day, those parents are gone, and all thats left are the memories and the tokens. Any parent willing to take the time to try to get involved with their child in doing a hobby, even if they make a mistake, is priceless.Love them for what they are... and instead of telling dad that he made a judgement error... take him to a coin shop or coin show, and show him something of value and get him excited about it.

 

I guess I was lucky. My grandma on my moms side and my dad both collected the good stuff like CC Morgans and and other real value coins.

My mother however has a knack for buying useless trinkets whenever she gos to a new place. I am just glad she never got in to the HSN lol.

 

I would tell him and then offer to roll search with him for fun. TC

 

My mom was addicted to HSN.

 

I wouldn't tell my dad, unless it became a repeat occurence.

 

Don't tell your old man. Ain't no big deal.

 

I'm so sorry.

 

HSN is very good at making worthless trash seem like the rarest of treasures.

 

Well, maybe you shouldn't tell your dad. Just thank him for the items and tell him you like them. Then maybe suggest that he doesn't need to buy you that, and tell him you'd rather he go with you to breakfast a few times a month.

Or find something he likes and indulge him in it.