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<p>[QUOTE="National dealer, post: 21176, member: 487"]The problem doesn't lie with the collector searching for a coin. The problem comes later when this collector shows up at the coin shop or show with their bought at TV price in mind. Often I am contacted by the QVC customers as they make their home here in Delaware. It saddens me greatly to tell someone that the few thousand dollars spent on 35 years of proof sets was more than they will ever be worth in our lifetime. When someone finds that they have spent 4 to 5 times retail, they often leave the hobby for good. They believe that we should be judged with used car salesmen and pawn brokers. </p><p>Very recently I was approached by a customer of a shop at home coin special. They had bought a ten piece Morgan dollar set at the unbelievable price of $49 per coin. These coins were XF to MS-60. Of course they were lucky enough to get all different years and/or mint marks. They even got the extra special half roll that included all three 1921 Morgans. All of these were in the extra special grade of Brilliant Uncirculated. </p><p><br /></p><p>The best coin in the group was an 1881-S that easily could have been graded at MS-63. Which of course is common for the year and mint. This coin had the highest value at $35. Most of the coins offered had values of $8 to $15 dollars. </p><p><br /></p><p>While it is easy to quote "buyer beware" we need to stand up and teach the others around us. Share your knowledge with as many people as you can. If you don't know it, learn it, and then share it with others. </p><p>Now if you had learned that you spent near $500 for a half roll of Morgans when you could have bought a mixed full roll of BU morgans for the same price, how would your view of the hobby be effected?[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 21176, member: 487"]The problem doesn't lie with the collector searching for a coin. The problem comes later when this collector shows up at the coin shop or show with their bought at TV price in mind. Often I am contacted by the QVC customers as they make their home here in Delaware. It saddens me greatly to tell someone that the few thousand dollars spent on 35 years of proof sets was more than they will ever be worth in our lifetime. When someone finds that they have spent 4 to 5 times retail, they often leave the hobby for good. They believe that we should be judged with used car salesmen and pawn brokers. Very recently I was approached by a customer of a shop at home coin special. They had bought a ten piece Morgan dollar set at the unbelievable price of $49 per coin. These coins were XF to MS-60. Of course they were lucky enough to get all different years and/or mint marks. They even got the extra special half roll that included all three 1921 Morgans. All of these were in the extra special grade of Brilliant Uncirculated. The best coin in the group was an 1881-S that easily could have been graded at MS-63. Which of course is common for the year and mint. This coin had the highest value at $35. Most of the coins offered had values of $8 to $15 dollars. While it is easy to quote "buyer beware" we need to stand up and teach the others around us. Share your knowledge with as many people as you can. If you don't know it, learn it, and then share it with others. Now if you had learned that you spent near $500 for a half roll of Morgans when you could have bought a mixed full roll of BU morgans for the same price, how would your view of the hobby be effected?[/QUOTE]
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