C'mon guys....wouldn't it be fun to be a guest host on Coin Vault?
Prethen
Posts: 3,452 ✭✭✭
My wife sometimes turns to me and says, "Why don't you host the show if you know so much?" Hmmmm.....okay I'm definitely no U.S. coin expert, but it would be fun. Wouldn't it be cool to turn around to the co-host and say "Shut up, schm*ck! This is how you properly handle coins. Hey you in the audience....everything is for sale...a real sale...half price!"
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Comments
Russ, NCNE
Honestly, I think lots of us watch it for entertainment. Plop us down in front of it for an hour, and it gives us something to gripe about. But it entertains us, too. And that hour of enteratainment is extremely expensive to produce. It takes an ungodly amount of technology, every bit as sophisticated as mid-market local news stations. There are probably 20 well-paid staff members, cameramen, boom operators, assistants, make-up, editors, etc. A sound stage, recording equipment. They have to pay for a satellite! And they don't sell commercials. What people buy is their only source of revenue for what it takes to produce their programming.
I usually see them selling certified SAE and gold eagle sets, AU-UNC Morgan sliders, grab bags of obsolete coins. They sell them for maybe 35 to 50% above what we "educated" collectors would buy them for. I bet if you factor in their expenses, they don't make a whole lot more per sale than what a savvy dealer makes. Maybe 10%? Maybe 20%? The difference is that their technology allows them to sell 1,000 items at 10 or 20% profit in the time it would take a dealer to sell one item.
Another thing: I've watched maybe 10 or 15 hours of programming in the last year. Not once have I heard them lie about anything. In fact, I've heard them back off where they were going with their spiel just to make sure they didn't mislead anyone. They accentuate the positive and downplay the negative, to be sure. But they're usually pretty good about being truthful where it counts.
--Severian the Lame
They call me "Pack the Ripper"
BST successful dealings with:MsMorrisine, goldman86
Id tune in 24/7 !