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The Coin Vault on the Scam at Home Network

Just caught a few minutes of the "Classic Collection" offered by pudgy fingers. Some highlights:

50 (yes! a whole roll) of Indian Head Cents $89.95 plus $6.90 S&H (grade VG and up - the one they showed was a G)

40 (yes! a whole roll) of Buffaloes $39.95 plus $6.90 S&H ("minimum catalog price is $4.00 per coin")

120 (yes! 3 whole rolls) of Buffaloes $99.95 plus $6.90 S&H (you'd pay at least $480 for these if you bought them individually" see above....)

etc., etc. BS BS BS, etc. etc.

Want the phone number?

Coppernicus
Coppernicus

Lincoln Wheats (1909 - 1958) Basic Set - Always Interested in Upgrading!

Comments

  • cladkingcladking Posts: 28,651 ✭✭✭✭✭
    You posted too quick: He just now is offering a million dollar bill with anti counterfeiting
    devices. He has twice talked about it now without mention that it's not legal tender.
    Tempus fugit.
  • cladkingcladking Posts: 28,651 ✭✭✭✭✭
    Maybe they're reading these boards. He just explained that the word rare is often used improperly
    when people are trying to sell coins. Then he went on to say that gold eagles of 2001 are the rarest
    coins of all!

    He left the million dollar bill without ever mentioning that it's not government issue.
    Tempus fugit.
  • Cladking - I can only take so much of that guy - His female assistant tonight is the best one, however, but even then AAARRRGGGHHH!!!!!

    Coppernicus
    Coppernicus

    Lincoln Wheats (1909 - 1958) Basic Set - Always Interested in Upgrading!
  • wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    Those maggots will burn in hell!



    Brian.
  • He's got you watching doesn't he.
  • UncleJoeUncleJoe Posts: 2,536 ✭✭✭
    The buffaloes are way overpriced but the indians seem to be a fair deal (for an infomercial).

    Edited: For some reason I was thinking it was 100 indians not 50. Ignore what I wrote above. image

    Joe.
  • krankykranky Posts: 8,709 ✭✭✭
    I have always hoped most people watching it would ask themselves, "How rare can it be if they are selling thousands and thousands of them on national television?"

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭


    << <i>I have always hoped most people watching it would ask themselves, "How rare can it be if they are selling thousands and thousands of them on national television?" >>

    Kranky- you're too smart!
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • nwcsnwcs Posts: 13,386 ✭✭✭


    << <i>I have always hoped most people watching it would ask themselves, "How rare can it be if they are selling thousands and thousands of them on national television?" >>

    These are probably the same people who give out their SSN or credit card number over the phone to see if it's lucky and they'll win a prize.
  • Quick question that could deserve its own thread: Does anyone ever call in and mess with the sellers? You know: do you ever call them and bring up some of the things already mentioned up above like "if it's so rare why are you selling hundreds/thousands of them? or.....but Grey sheet is only 65 cents for a Indian penny, why are you charging $4 a piece? or.......how can it be the rarest Gold half eagle when they only made 3,500 in 1836? (NOT an actual mintage figure, just an example, sorry)

    OR do you call them and ask technical questions? Such as, well if it's ACG MS70 will it cross to NGC at MS60 or better? lol, sorry, couldn't help myself.
    Holes-in-One
    1. 7-17-81 Warrenton GC Driver 310 yards 7th Hole (Par 4)
    2. 5-22-99 Warrenton GC 6 iron 189 yards 10th Hole
    3. 7-23-99 Oak Meadow CC 5 iron 180 yards 17th Hole
    4. 9-19-99 Country Lake GC 6 iron 164 yards 15th Hole
    5. 8-30-09 Country Lake GC Driver 258 yards 17th Hole (Par 4)

    Collector of Barber Halves, Commems, MS64FBL Frankies, Full Step Jeffersons & Mint state Washington Quarters
  • "He's got you watching doesn't he"

    Yes, but he doesn't have me buying. image
  • I'm with eminem. If the show bothers you soooo much, if you find the MC's soooo bad, if you find their prices so horrific, then why watch? I'm not trying to be difficult. However, I have to ask. You KNOW what you are going to find there. Right?

    If anything, the show proves to me how poor a job the coin collecting/dealing industry is doing in meeting the demand of the common collector. These guys couldn't take on the big overhead of a TV show and stay on the air if they weren't moving some very serious inventory. As they have done this for years and years, it would appear that there are tens of thousands of buyers out there that don't have a good coin outlet. Obviously the buying demand is there. However, those with supplies are doing a very poor job of reaching out to the ready, willing and able buyers! Just my opinion.
  • BillJonesBillJones Posts: 33,966 ✭✭✭✭✭
    The amazing thing to me is that these people mention the word "investment" from time to time. Don't they know what the FTC has done to others who uttered that word in their coin sales pitches? Maybe not. I think this guy's previous experience was as a barker at a sideshow for the Sharptown Carnival. I’ll concede that he’s got the pipes for it.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

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