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<p>[QUOTE="National dealer, post: 11204, member: 487"]As a dealer who competes directly with the TV shows (QVC), I can tell you that most of the TV customers hear how a particular coin or set is going up in price, so they call us to sell their high valued possession. We are made out to look like the charlatans because we do not pay TV prices. </p><p>On an extra note, the TV channels when buying at the coin shows are very agressive and usually pay better than ask on their purchases. </p><p>They also rely on not so accurate info. A good example is the sets. The pitch will go something like this.</p><p><br /></p><p>100 million collectors have entered into the coin market (true) if all switched to Morgan dollars there would not be enough to go around (true) so buy now before the market price goes up because of these collectors. Well Morgan dollars have gone up in the past 5 years. Has the supply disappeared? No. Will it? No. As prices rise, people sell. This is the law of supply and demand. </p><p>One that I love the most. If we (TV Show) were at the coin show, selling these 10 1921 Morgans for $399. we would be the talk of the show. Of course they would. If we (dealers) could get $40 for a $15 dollar coin from thousands of customers we would be the talk of the show also. </p><p><br /></p><p>Be careful out there. Know your coins, and know their values. That is what will save you no matter where you choose to shop.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 11204, member: 487"]As a dealer who competes directly with the TV shows (QVC), I can tell you that most of the TV customers hear how a particular coin or set is going up in price, so they call us to sell their high valued possession. We are made out to look like the charlatans because we do not pay TV prices. On an extra note, the TV channels when buying at the coin shows are very agressive and usually pay better than ask on their purchases. They also rely on not so accurate info. A good example is the sets. The pitch will go something like this. 100 million collectors have entered into the coin market (true) if all switched to Morgan dollars there would not be enough to go around (true) so buy now before the market price goes up because of these collectors. Well Morgan dollars have gone up in the past 5 years. Has the supply disappeared? No. Will it? No. As prices rise, people sell. This is the law of supply and demand. One that I love the most. If we (TV Show) were at the coin show, selling these 10 1921 Morgans for $399. we would be the talk of the show. Of course they would. If we (dealers) could get $40 for a $15 dollar coin from thousands of customers we would be the talk of the show also. Be careful out there. Know your coins, and know their values. That is what will save you no matter where you choose to shop.[/QUOTE]
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