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<p>[QUOTE="Jess, post: 704, member: 77"]Quote "I now have a question for you all. I heard a few years before I started collecting because of less than honest dealers ripping off the public Congress was looking at our hobby with the attempt of them steeping in and regulating it. that is why PNG was formed to allow the coin industry to be self regulating. 1) How much of this is true. 2) With scams like this how soon do you think the goverment will step back in? CHRIS" :arrow: </p><p><br /></p><p>Would make for interesting conversation, however, if the gov't tried to regulate the hobby would go underground for the most part. As far as unscrupulous dealers, they have allways been around. The current big ripoff is on QVC and HSN and the guys selling a treasure chest full of silver coins for $29.95 plus $6.95 shipping and handling. All of this for a few silver coins basically not worth having except for silver value. These guys are ripping off the general public which gives all dealers a bad name albeit some deserved some not. The public's only defense is to educate itself the way the hobbyists have had to. Remember, if a deal sounds to good to be true it probably is a raw deal. :mrgreen:[/QUOTE]</p><p><br /></p>
[QUOTE="Jess, post: 704, member: 77"]Quote "I now have a question for you all. I heard a few years before I started collecting because of less than honest dealers ripping off the public Congress was looking at our hobby with the attempt of them steeping in and regulating it. that is why PNG was formed to allow the coin industry to be self regulating. 1) How much of this is true. 2) With scams like this how soon do you think the goverment will step back in? CHRIS" :arrow: Would make for interesting conversation, however, if the gov't tried to regulate the hobby would go underground for the most part. As far as unscrupulous dealers, they have allways been around. The current big ripoff is on QVC and HSN and the guys selling a treasure chest full of silver coins for $29.95 plus $6.95 shipping and handling. All of this for a few silver coins basically not worth having except for silver value. These guys are ripping off the general public which gives all dealers a bad name albeit some deserved some not. The public's only defense is to educate itself the way the hobbyists have had to. Remember, if a deal sounds to good to be true it probably is a raw deal. :mrgreen:[/QUOTE]
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