Best Of
Re: I
I previously received one of the OP’s obw 50c rolls. I am an expert on real obw rolls for many years. These are for real and never opened. Very well preserved.
Re: Andy Lustig...(careful…old and new thread)
@lermish said:
...has the best business card I've ever seen.
That's awesome.
Re: Andy Lustig...(careful…old and new thread)
...has the best business card I've ever seen.
Re: 10 Rare Coins Expected To Soar in Value in the Next Five Years
@WQuarterFreddie said:
@Colonialcoin said:
@WQuarterFreddie The day that I start collecting coins because I think that they will “soar” in value is the day that I will stop collecting coins. I bought a phenomenal Pine Tree shilling a few weeks ago and the pride of ownership, showing the coin to other collectors and teaching them about its history is what I value.Again, I only posted the article because I thought it was interesting because it mentioned coins I never knew existed.
Surely that couldn’t have been the only reason you decided to post the article, and you didn’t make note of that reasoning in the OP. I have a hard time believing you were expecting others to be interested for the same reason 🕵️♂️.
Re: TrueView versus GreatPhoto
@rmpsrpms said:
Might have been asked already, but does someone have a coin that was TV'd by Phil, which was subsequently GP'd later by Phil?
Supposedly that is what the first set of photos are - both shot by Phil.
WS
Re: Coins sold on cable tv channels
@seatedlib3991 said:
@NJCoin . To be honest I tend to find that many of the people selling coins on TV are trying to "create a need and then supply the product". Watch for any length of time and you will be fed a lot of nonsense about the importance of slab labels, distorted mintage or population census material or vastly overstating the importance of a particular coin. Think the difference between going to church to attend mass and going to a good old fashioned barn revival. James
Yes. Of course. It's called "selling."
The fact remains, air time, studio time, production costs, call centers, customer service, returns, credit cards, etc. all add up. Selling on TV is far more expensive than setting up at a show, or selling through the internet.
They do it because there is a profitable market for them to do so. But their margins are not out of line with the other channels, after taking the increased costs into account.
Sometimes they even get hurt when a market doesn't develop as expected, such as with the 2024 Morgan and Peace Dollars, and they have to either dump at a loss after taking into account their bloated cost structure, or sit on expensive inventory for a long time.
They are not selling to people like us. They are selling to people who either don't know any better, or who just like buying through TV.
Again, lots of different ways to buy lots of different things. Both necessities and discretionary items. Everyone doesn't always migrate to the least expensive option. That's why we have choices, and why businesses set up to feed those choices.