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<p>[QUOTE="National dealer, post: 10193, member: 487"]Well ShopAtHome TV paid a ton of money to get the first rights to sell. Great marketing idea. As you others know, I am not a fan of the program, but what they do is amazing. They sell many more coins than 90% of the dealers in the world. Yes, they rip people off, and yes it is bad for the hobby. Until more dealers target the buyers from this program, the TV shopping channels are here to stay. </p><p><br /></p><p>Now will dealers pay $999.99 for a shipwreck coin? We have to pay whatever gets the coin. In the case of this shipwreck, the pedigree holds the price. Most of these dates recovered can be bought by dealers for $300. With the ship name on the NGC holder, it now becomes a thousand dollar coin. If I have a client that wants one, I pay whatever they instruct me to pay. I make my recommendations, but in the end, I have to provide my clients with the coins that they want.</p><p>Are they worth the price? For most of the recovered coins, my answer is no. Owning a shipwreck coin is nice, but a MS Seated Liberty Half is an easy coin to obtain in most dates. Some of the coins recovered are condition rarities, and some tougher dates. These are going to command serious prices, and whomever buys it understands that they are buying more than just the coin.</p><p><br /></p><p>As far as NCS, they are absolutely amazing. I have seen coins before and after. Whatever mixture they use does not damage the coin. I can spot a regular cleaning with relative ease. I have only seen two NCS conserved coins that have shown the possibility of a cleaning. The bad part is, I knew they were conserved/cleaned and still could not tell.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 10193, member: 487"]Well ShopAtHome TV paid a ton of money to get the first rights to sell. Great marketing idea. As you others know, I am not a fan of the program, but what they do is amazing. They sell many more coins than 90% of the dealers in the world. Yes, they rip people off, and yes it is bad for the hobby. Until more dealers target the buyers from this program, the TV shopping channels are here to stay. Now will dealers pay $999.99 for a shipwreck coin? We have to pay whatever gets the coin. In the case of this shipwreck, the pedigree holds the price. Most of these dates recovered can be bought by dealers for $300. With the ship name on the NGC holder, it now becomes a thousand dollar coin. If I have a client that wants one, I pay whatever they instruct me to pay. I make my recommendations, but in the end, I have to provide my clients with the coins that they want. Are they worth the price? For most of the recovered coins, my answer is no. Owning a shipwreck coin is nice, but a MS Seated Liberty Half is an easy coin to obtain in most dates. Some of the coins recovered are condition rarities, and some tougher dates. These are going to command serious prices, and whomever buys it understands that they are buying more than just the coin. As far as NCS, they are absolutely amazing. I have seen coins before and after. Whatever mixture they use does not damage the coin. I can spot a regular cleaning with relative ease. I have only seen two NCS conserved coins that have shown the possibility of a cleaning. The bad part is, I knew they were conserved/cleaned and still could not tell.[/QUOTE]
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