Is the lack of facts a scam..

Remember these?



55 Dollar coins for only $124 Vault Fee plus shipping and Handling.

 

Log in or Sign up to hide this ad.

I appreciate your perspective.

Loathing "oversight" of your business is one thing. How about forcing CSN/HSN to display/announce a disclaimer at some point during their shows that tell buyers that they have the right to information from a 3rd party, peer-reviewed article that outlines the investment/resale value of collector coins?

The input of these "peers" should include coin dealers themselves. Wouldn't it be better to give our elderly a heads-up on this BEFORE their kids just go and hear the same exact information from a coin dealer later when they try to sell their parent's infomercial collections?

 

That's micromanaging. That wouldn't stop there nor would it stop with just coins. That's the coin equivalent of trying to get rid of large sodas.

Having the regulation come from peers in direct competition for where people spend their money is a terrible idea.

 

Oh yeah. I get it. It is a fine line to be certain. Last November my top saleslady’s husband was taken for $3000.00 because he fell for the IRS phone call scam. They are an educated and informed family. I was stunned...... With me it’s just that whole “slippery slope” thing..... Now mind you I am not a fan speaking here..... However, if HSN is forced to put up a disclaimer, how long before the local swimming pool dealer has to disclaim that people may drown in swimming pools.... Or an advertisement for the local grill has to tell you grilled foods are bad for you...... Once that door is opened. It’s mighty hard to close...... And I am about to be dangerously close to treading off limits ground here..... But once cede anything over to to elected “overseers” you don’t get it back.

 

That is the kind of attitude they want to hear. All the suckers buy and others ignore the problem because it isn't "THEIR" problem, they are smart enough to know better.
That's great, more of that is what this country needs. As if the dictators we have in charge are not already raping and pillaging the working class through dereg. Laws that free up the rich to LEVERAGE every penny out of people who trust. Now we can add on it, the smart people will just turn a blind eye, "not my problem"...

 

Sorry, folks. Government oversight will never replace the power of taking personal responsibility. And you can’t pass a law to regulate every imaginable form of human endeavor. Again, rely on exercising personal responsibility or sit back with your mouth hanging open while a bureaucrat tells you what size soft drink you can have.

 

I remember this episode. It was hilarious. Thanks for sharing.

 

Remember years ago, a woman ordered a hot cup of coffee at McDonalds and burned herself? She sued and won her case. Why? McDonalds did not have a disclaimer on the hot cup of coffee warning her it was hot. Common sense is lost on so many people today. Good thing I wasn't on that jury.

@Randy Abercrombie I heard about that too. Something about all that caffeine not being good for you. Crazy!

 

There was actually a lot more too it than that if you really want to look into it. It had to do with extreme temperatures because that kept the coffee hotter longer for truckers.

A better example would be the people that break into someones house and than sue them for hurting themselves in the process and win

 

Lots of fine examples if you think about it.

 

Sometimes VERY angry. And the sad thing is that often their anger is directed at the dealer giving them the bad news and they accuse HIM of being the person trying to rip them off.

I've never understood why people fall for that one. Supposedly the IRS, a part of the US Treasury Dept call you up tell you you owe back taxes/penalties and they need immediate payment. So they want you to go out and buy gift cards and send them to them??? (One of the common ruses)

 

Funny thing is I get that call somewhat routinely. Usually from a person speaking very broken English. This fellow was instructed to go to a Walmart and wire the funds. I didn't even know that Walmart did such a thing...... But the whole deal scared this fellow half to death.

 

Probably told to send it to another Walmart store. Either way when people go along with things that blatantly wrong it's hard for me to feel bad.

 

This whole "oversight" thing got me to thinking. I am almost sixty. My wife and i have recently adopted two young kids. On Christmas they got new bikes and we had to run out front in our nightclothes so they could break them in. Totally normal Christmas morning. I saw the odd looks I got from some younger neighbors. At first I rationalized it as being out front in nightclothes..... But that wasn't it. It was a harsh judgment that these kids didn't have their riding helmets on for their break-in ride..... It humors me. Had I worn a helmet riding my bike, my buddies would have beat me up on the spot for being a sissy.... So, I reckon times change.

I also remember purchasing a car and being given the option of seatbelts. As I recall I paid around $3000.00 for that car. The last car I bought my wife had seatbelts, air bags, safety glass... Even an emergency trunk release! (when did this become a problem?) All safety equipment mandated by elected overseers. I paid $35,000.00 for her car.

We have already allowed this oversight into most every area of our lives because quite obviously we aren't capable of doing for ourselves...... Heck, just thinking about it now makes me want to stock up on ammo and find a remote mountain outpost.

 

An airbag clearly saved my mother's life once.
But who the hell needs one?

Yep. The remote mountain outpost beckons...

 

Don't misunderstand..... I am not saying automobiles shouldn't have airbags now that we are sophisticated enough to know they do save lives. I am simply illustrating the slippery slope we ride by allowing ourselves to become incapable of making our own informed decisions. Probably somebody somewhere could say an internal trunk latch saved his life as well. Plenty of folks could say too many soda's made them obese. Freedom implies that we are free to choose these things whether they be good choices or not.

 

Why not list your complete set of slabbed ms69 Silver Eagles here, for sale, at what you believe is the proper price, so we might learn from your sale.

You can start at any price less than theirs, complete with images and a proper verbal sales presentation. Thus, we might better understand what the set is worth, and how the individual coins should be properly presented by a knowledgeable seller.

Do you have special knowledge that their information is incorrect? Please present your "comps" so we might learn.

We're waiting for your facts, rather than just hyperbole.

I've collected for more than a half-century, and still haven't determined the worth of coins, other than their face value, intrinsic value, or whatever a buyer will pay.

I suggest if your statements were factual, they wouldn't be selling, and their platform would have been removed!

JMHO

 

There could be a law requiring the odds of making a profit at a later date be posted on the screen. It works for the casinos and the lottery.

 

Casinos and the lottery are set mathematical odds. Coins are completely different and absolutely impossible to come up with any odds that are more than a random number being pulled out of the air.

 

All, including coins, are based on numbers sold. Besides I was pointing out that you can disclaim whatever, it doesn't stop people from buying.