TAGZ unabashed promotional hype.

DesertLizard

I hesitate posting this but a friend [more newbie than me] sent me the link and I had to share the laughter. If he really made $50M why would he waste his time posting this drivel?


tagz hype

wingedliberty

The same crap that I've heard over, and over, and over again. Anything for a buck I guess.




Brian.

SarasotaFrank

ok, is it just me, or does this supporting graphic to that hype:




look like a roll of toilet paper?

Talk about hidden messages!

CLASSICS

i met him back in the 1970s. he is a very smart man, and knows how the interworkings of the coin and the dealer to dealer market works, i took some of his advise just before the coin market crashed, iam still smiling

FrattLaw

This is my favorite part of his whole self-promoting drivel;

Why is he offering us simpletons this great opportunity?

The reason is quite simple: we recently sold a substantial interest in Superior/Tangible Asset Galleries (TAGZ/OTC) to a $14 billion asset management firm. This firm offers other financial products to their private clients, and we want to compete for some of that business.

Nice, give us a chance and we'll try to stab you in the back too!

Michael

roadrunner

I'm sure there are clients he has done good things for. But like most high powered dealers he DOES have to try and gouge his customers at times to stay in business. Sold a billion in coins to make only $50,000,000. That's a paltry 5% profit margin. Hardly reality.

There aren't really enough good coins to go around. Where is TAGZ finding them?

roadrunner

Dog97

Those jokers never did send me my threatening lawyer letter about what I said about their goofy salesman Mr. Pooterlousy last time there was a thread about them.

scher

what a bunch of crap...i especially liked the part about "how i became this and how i became that" wow..self promoting to a new level..did anyone have anything to do with rare coins prior or since this guy came to uh..power?
bruce scher

Trime

Sil's hype is a bit (lot) much. Certainly this self serving rhetoric is not in the best taste.
It is interesting that his style is much different than Steve Deeds.
Roadrunner-Don't know what Sil 's profit margin is but that may be what he declared for tax purposes

dorkkarl

'scuse me, but tagz is a bunch of idiots. whack-jobs to the max. guess you could call em maxi-whacks.

K S

Outhaul

My interpretation:

RED FLAG #1: "Imagine the money you could have made in the last stock market boom -- if you had inside information before anyone else knew what was coming. That is the opportunity I am offering you now -- not in stocks but in the fascinating market for US rare coins."

TRANSLATED: I'm trolling for some suckers who don't know any better and would be willing to hand over gobs of money to me so I can play around in the coin game.

RED FLAG #2: "It's more than likely you have considered rare coins in the past. You may even be a buyer. You've certainly seen all the literature."

TRANSLATED: You are the people I am NOT trying to attract, you know very well that the coin market is a REAL gamble.

RED FLAG #3: "I'm equally certain, however, that you have never dealt with a company like mine. And that you're not informed about any of the amazing facts I'll share in this letter that make rare coins seem positively ideal in these unusual economic times."

TRANSLATED: For you uninitiated, backwoods rubes and shop at home morons, let me fill you full of a lot of lies and glittering generalities.

RED FLAG #4: "I am a rare coin insider unlike anyone you have ever met. In fact, my company supplies coins to most of the companies who deal with the private collectors. Sometimes, we even supply their suppliers!"

TRANSLATED: All of us schysters use this bull$hit line to give ourselves credibility.

RED FLAG #5: "It's an unwritten rule in the coin business that insiders -- like me -- don't deal directly with the public."

TRANSLATED: But to harvest a new bunch of suckers, I'm making an exception.

RED FLAG #6: "I'm breaking that rule now -- and taking a big risk by cutting out dealers I used to supply to reach out to the investor marketplace -- because I haven't seen a market opportunity like this in 15 years."

TRANSLATED: Nobody in the coin game trusts me anymore so I have to go in search of fresh meat.

RED FLAG #7: Rare coins are more than a hobby to me. They are a lifelong passion. I can tell you there is no more interesting hobby on earth than numismatics -- or coin collecting. And right now, I don't think there is a better investment hedge than high quality rare coins.

TRANSLATED: No self-respecting coin dealer would ever tell you to invest in coins, but I've run out of self-respect (as evidenced in this shameless self promo) and I am desperate for an infusion of cash.

I could go on, but I think everyone gets the picture. Just another big dealer full of himself (and full of something else) trolling for bucks.