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Leading coin magazine in the hobby???
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<p>[QUOTE="National dealer, post: 8280, member: 487"]Well as I have said many times, I do not like what the TV shows do to the general coin collecting community, but if we (dealers) don't service that market, we should not complain about someone who does. I try to put out as much info as I am able about the prices these shows sell at, and how it hurts everyone who buys them. Our office is in Delaware, and we compete with QVC directly. I can't number the people who bring in coins they paid 400% over retail on. Just last night, Mr. Chambers was selling a set of silver eagles for the discounted price of $399.00 WOW, that was $90 below retail! The only problem is that this set is sold by almost every dealer in the country for around $210.00 </p><p>So eventually these TV customers will be heading to a shop or show and expect to get near $400. After we tell them the set is sold at half that, we look bad. Most of these TV customers will leave the hobby after the truth is learned. That is bad for all of us. Coins go up in value because they are hard to find. If no one is collecting, what will your coin be worth?</p><p>I hope that some of you will share what you know about these shows and their prices with other people. You never know when one of your friends or coworkers will be shopping on TV. Don't bad mouth the shows, just give honest answers.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 8280, member: 487"]Well as I have said many times, I do not like what the TV shows do to the general coin collecting community, but if we (dealers) don't service that market, we should not complain about someone who does. I try to put out as much info as I am able about the prices these shows sell at, and how it hurts everyone who buys them. Our office is in Delaware, and we compete with QVC directly. I can't number the people who bring in coins they paid 400% over retail on. Just last night, Mr. Chambers was selling a set of silver eagles for the discounted price of $399.00 WOW, that was $90 below retail! The only problem is that this set is sold by almost every dealer in the country for around $210.00 So eventually these TV customers will be heading to a shop or show and expect to get near $400. After we tell them the set is sold at half that, we look bad. Most of these TV customers will leave the hobby after the truth is learned. That is bad for all of us. Coins go up in value because they are hard to find. If no one is collecting, what will your coin be worth? I hope that some of you will share what you know about these shows and their prices with other people. You never know when one of your friends or coworkers will be shopping on TV. Don't bad mouth the shows, just give honest answers.[/QUOTE]
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