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<p>[QUOTE="rbm86, post: 11318, member: 854"]ND, does QVC sell "normal" coins? I have never seen QVC sell coins on TV, and on their website they only have the "colored coin" junk. Maybe at 3:30 am.</p><p><br /></p><p>Yeah they stretch the truth a bit on that Morgan story. I think I can understand why they have to charge those prices -- the TV time is so expensive they have to. With other consumer goods (appliances, pots and pans, etc.) you actually can do quite well compared with Dept. stores, but they sell tons of consumer goods and cannot sell tons of coins to be able to charge even regular retail "trends values". </p><p><br /></p><p>However, the fact that these coins sell for close to double retail still bothers me --- the only reason this happens is because the customers do not know about the "normal" coin market. As you say, ND, the QVCs and Coin Vaults are reaching a different market, but it still bugs me a little -- I think this market is getting "hoodwinked" somewhat.</p><p><br /></p><p>I wonder what level above retail the FTC would consider as fraud. The cases cited in coin books I have read involved wealthy people who were hoodwinked into paying 10x retail for coins. 2x is probably not there, but could be pushing the envelope.[/QUOTE]</p><p><br /></p>
[QUOTE="rbm86, post: 11318, member: 854"]ND, does QVC sell "normal" coins? I have never seen QVC sell coins on TV, and on their website they only have the "colored coin" junk. Maybe at 3:30 am. Yeah they stretch the truth a bit on that Morgan story. I think I can understand why they have to charge those prices -- the TV time is so expensive they have to. With other consumer goods (appliances, pots and pans, etc.) you actually can do quite well compared with Dept. stores, but they sell tons of consumer goods and cannot sell tons of coins to be able to charge even regular retail "trends values". However, the fact that these coins sell for close to double retail still bothers me --- the only reason this happens is because the customers do not know about the "normal" coin market. As you say, ND, the QVCs and Coin Vaults are reaching a different market, but it still bugs me a little -- I think this market is getting "hoodwinked" somewhat. I wonder what level above retail the FTC would consider as fraud. The cases cited in coin books I have read involved wealthy people who were hoodwinked into paying 10x retail for coins. 2x is probably not there, but could be pushing the envelope.[/QUOTE]
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