What a deal!!!!!

Discussion in 'Coin Chat' started by Jim sullivan, Apr 1, 2021.

  1. Jim sullivan

    Jim sullivan Toned coins rule

    I honestly dont pay much attention to these HSN type coin gimmicks cuz Im well aware that feelings I would imagine similar to those a fresh, new, 18yr old, slim, white skinned state prison inmate with long blond hair and a 50 year bid will surely be feeling verry soon after being welcomed in by just the friendliest darn gentlenen a level 5 facility ever did see!!! I knew the TV silver slingers were also a bunch of predators with friendly faces but when I came across this tonight I damn near choked!!! $120 for a "Random" 1880s Morgan Dollar. Nothing about grade, just 1 random, 1880s, wild west silver dollar. They are CROOKS!!!! More than once I've had to break the bad news to some poor old lady who thought she had a fortune in front of her that'll pay for a new furnace, but only had a big old pile of fancy looking junk. I get makin a buck, but come on.....this is just cruel.
     

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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Coin should cost about $35 without a grade ?
     
    john65999 and capthank like this.
  4. Razz

    Razz Critical Thinker

    $130.67 with S&H!
     
  5. Conder101

    Conder101 Numismatist

    Shady characters yes, unethical true, crooks no. They can't be crooks because they aren't doing anything illegal.
     
    LA_Geezer likes this.
  6. furryfrog02

    furryfrog02 Well-Known Member

    I hate that man and his show with a passion.
     
  7. Jeffjay

    Jeffjay Well-Known Member

    It would be criminal if it were something that people have to have.
    It is highly unethical but the item is something that people don't need and is in fact a luxury item. You can pay a few hundred dollars for a diamond ring and walk across the street and pay a thousand. Just like a common Morgan there is nothing rare about diamonds.

    Why people succumb to these television hucksters I'll never understand.
     
    furryfrog02 likes this.
  8. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Good thing it's on during the weee hours . That way , I know to avoid this channel. :p
     
  9. Jim-P

    Jim-P Well-Known Member

    I suspect that there are some people that can't handle any other way for obtaining a Morgan. Some people don't know how to do research. Supposed a computer-unsavvy grandparent heard that little Jimmy has gotten interested in coin collecting.... easy solution for a gift. As well as the compulsive buyers.

    Sometimes I watch the shopping channel when I get tired of watching shows with all the commercial interruptions!
     
    Scott J and LA_Geezer like this.
  10. LA_Geezer

    LA_Geezer Well-Known Member

    But those who buy from Mike do it willingly.

    When I was going thru basic training in the US Army back in 1965, all of the new recruits would congregate at bars in town that catered to them on weekends. They had young women in them that would coax those young soldiers on their weekend pass to spend all of their money on overpriced drinks for them. The smartest of us knew to stay away from these places that were commonly known as clip joints. Most of my fellow recruits would spend all of their money on the weekend after payday in these kinds of places, and would then have to spend following weekends in the barracks instead of going to town. There were some who would lend these spendthrift recruits some money at very high rates—say $15 on payday for $5 today—so that more could be spent in these clip joints next weekend.

    Mezack and HSN are just catering to this sort of personality, and as someone else already expressed above, there's nothing illegal about it. He had 1921 P, S & D Morgans in NGC packaging for some outrageous amount on a recent program. I was awestruck at the price!
     
    JPD3 and serafino like this.
  11. UncleScroge

    UncleScroge Well-Known Member

    I wouldn't say that on Monday, March 29th at 7:00 pm - 9:00 pm et is during the weee hours! I think they refer to that as prime-time.
     
    SensibleSal66 likes this.
  12. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Well , I have that channel blocked . Yes, during the wee hours it is on late night unless I'm seeing Pareidolia ??? :rolleyes: :smug:
     
  13. UncleScroge

    UncleScroge Well-Known Member

    I forgot to mention it was also on at 1:00 am et also.
    HSN Coin Collector
    DATE: 03/29/2021
    TIME: 1:00 AM ET 7:00 PM ET 8:00 PM ET
     
  14. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Yea, Hate that guy . :mad:
     
  15. Corn Man

    Corn Man Well-Known Member

    I was buying a collection from a older gentlemen last year and when i offered him about 31 a common AU/MS morgan and 3 cents a piece for his wheat cents he looked at me like I was crazy. I talked with him and he bought from these channels and payed close to 200$ a morgan and he had silver eagles he paid close to 400 for a proof 2002. He also told me he payed 30 bucks a roll of wheat cents. It really hurts the older generation who are not familiar with coins because these call shows get most there buyers when social security goes though. It doesn't also help when you google a price you get some coin trackers or etsy website that tell you its worth 500 or 1000$ a coin which maby in MS 67 and up for some coins but not the ones they buy. I just hope it doesn't scare off any new collectors to the hobby.
     
  16. Mr.Q

    Mr.Q Well-Known Member

    I'll pass on him and his rip off scheme show. People beware! Just my opinion.
     
  17. Jim Dale

    Jim Dale Well-Known Member

    I got my starter kit for coin collecting when my father passed. He had 3 1988 ASEs in a plastic slab with a flag in the background. Since then, I've seen the same slab on several shopping shows. You can really get clipped by those shows if you don't know what they are selling. There were other coins in "special" packaging. This was way before computers were in houses. I probably got gyped myself on one purchase long ago. I got a good price on a double eagle and then they offered a "Wild West Collection" with an 1882CC, 1883CC, and 1884CC, all three graded MS65. I was relatively new, so I bought them. I believe I paid $900 which included shipping. They are beauts to me. That was the last phone purchase.
     
    GoldFinger1969 likes this.
  18. UncleScroge

    UncleScroge Well-Known Member

    They're worth much more in today's market. Good buy!
     
    LA_Geezer likes this.
  19. steve westermeier

    steve westermeier Cancer sucks!

    Yeah, fell for it when I first started out. Live and learn........ Just don't make the same mistake twice!
     
  20. manny9655

    manny9655 Well-Known Member

    There's an old saying: "Investigate before you invest". There's no substitute (or excuse) for learning something about what you're collecting or investing in before you go into it whole hog.
     
  21. JPD3

    JPD3 Well-Known Member

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