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<p>[QUOTE="TheMont, post: 2498730, member: 80121"]HSN is seen in more households than any other channel that has a coin show. In some cases, it is the only channel that people get that has a coin show, especially if they have cable as opposed to satellite. In this case they haven't anything else to compare it to.</p><p><br /></p><p>I know air time is expensive and shows on TV have to charge a higher price for coins than eBay or brick and mortar stores, but I personally believe they are charging way more than they need to meet the expensive they have. I have Dish Network and there are several coin shows- HSH's Coin Collector, Coin Vault, Rick Tomaska's US Coin Show, AAN Auction Network, and Don Davis' Show. I have never bough a coin from any of these shows, because I know better. The question is, how many people buy from these shows because they don't know any better?</p><p><br /></p><p>I've been in local coin shops when people bring in coins that they bought from these shows and want to sell them. We know the difference between bid and ask and blue book and red book, but a lot of people don't and they take out their frustrations on the local coin dealer when he tells them what they bought is really worth. I have seen people shout at local dealers and claim they are ripping them off for the low price they are being offered.</p><p><br /></p><p>So to answer the question, "does these coin sows help or harm coin collecting?" I think they are giving coin collecting a black eye. I think that some of them go over the line with what they say on the air. They are not supposed to say that the buyer is making an "investment", they are not supposed to say that the coins will "appreciate", there is a list of terms that they are not permitted to use after the fiasco of trading modern coins as if they were stocks and bonds. Unfortunately, the majority of people I have personally observed trying to sell these coins to local dealers are people who can least afford to pay the prices TV coin shows charge.[/QUOTE]</p><p><br /></p>
[QUOTE="TheMont, post: 2498730, member: 80121"]HSN is seen in more households than any other channel that has a coin show. In some cases, it is the only channel that people get that has a coin show, especially if they have cable as opposed to satellite. In this case they haven't anything else to compare it to. I know air time is expensive and shows on TV have to charge a higher price for coins than eBay or brick and mortar stores, but I personally believe they are charging way more than they need to meet the expensive they have. I have Dish Network and there are several coin shows- HSH's Coin Collector, Coin Vault, Rick Tomaska's US Coin Show, AAN Auction Network, and Don Davis' Show. I have never bough a coin from any of these shows, because I know better. The question is, how many people buy from these shows because they don't know any better? I've been in local coin shops when people bring in coins that they bought from these shows and want to sell them. We know the difference between bid and ask and blue book and red book, but a lot of people don't and they take out their frustrations on the local coin dealer when he tells them what they bought is really worth. I have seen people shout at local dealers and claim they are ripping them off for the low price they are being offered. So to answer the question, "does these coin sows help or harm coin collecting?" I think they are giving coin collecting a black eye. I think that some of them go over the line with what they say on the air. They are not supposed to say that the buyer is making an "investment", they are not supposed to say that the coins will "appreciate", there is a list of terms that they are not permitted to use after the fiasco of trading modern coins as if they were stocks and bonds. Unfortunately, the majority of people I have personally observed trying to sell these coins to local dealers are people who can least afford to pay the prices TV coin shows charge.[/QUOTE]
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