HSN Home Shopping Network who is supplying them?

packers88 · January 10, 2011 12:45PM

DOes anyone here know who is supplying the home shopping network with coins that they sell on television? thnx

ScarsdaleCoin · January 10, 2011 12:50PM

yes, why? pm me

taxmad · January 10, 2011 12:51PM

They are getting their 5 oz ATB silver pucks from The Gold Center in Springfield Illinois...

coindeuce · January 10, 2011 12:52PM

They have multiple suppliers. Depends on what the promotion is. Some of them may be dealers that are members of the C.C.E. Many of them are anonymous by choice/necessity.

WTCG · January 10, 2011 4:25PM

Depending on the types of coins there are various dealers that supply HSN. The dealers in the know know who these dealers are.

phantom1701 · January 11, 2011 12:37AM

I represent a couple of different companies that sell on air and online at HSN. A couple of years ago I was sitting in "the green room" watching the coin hour that was on just before my products were going on air. I remember thinking that after that show all of the old ladies would be completely tapped out after buying slabbed ICG moderns at 4-8 times their real value. Of course I was also thinking how can I get into that act.

I will say that next to all of their staple lines like cosmetics, clothing & computers, the coin shows are the thing the buyers get giddy about the most.

joebb21 · January 11, 2011 2:19AM

depends what they are selling-

Tdec1000 · January 11, 2011 2:22AM

<< I represent a couple of different companies that sell on air and online at HSN. A couple of years ago I was sitting in "the green room" watching the coin hour that was on just before my products were going on air. I remember thinking that after that show all of the old ladies would be completely tapped out after buying slabbed ICG moderns at 4-8 times their real value. Of course I was also thinking how can I get into that act.

I will say that next to all of their staple lines like cosmetics, clothing & computers, the coin shows are the thing the buyers get giddy about the most. >>

This makes me want to puke that you would even consider getting in on the "action" of robbing innocent people of their income. They don't know any better doesn't mean we should take advantage.

Tom

Frankcoins · January 11, 2011 2:48AM

<< 
This makes me want to puke that you would even consider getting in on the "action" of robbing innocent people of their income. They don't know any better doesn't mean we should take advantage.

Tom >>

Too many dealers in coins have a "poverty row" mentality where nothing over wholesale prices is expected.
The coin material sold on TV is no more expensive than any other categories when you consider markup enough to
provide promotion, advertising, satellite and cable transmission fees, studio people, and a living wage for the distributor
and retailer. Why shouldn't a 125 year old Uncirculated silver dollar be worth $59? As much a cheap cultured pearl necklace,
or some vulgar limited edition made-in-China plate with dogs playing poker?

Tdec1000 · January 11, 2011 3:03AM

I am not talking about a nice silver dollar. I am talking about the coins where the markup is 300% or higher. Basically scamming these folks out of hard earned money because of the hype. Yes, they should know that they are being taken advantage of but these folks have no knowledge.

Does it make it right?

Edited to add... I have seen people bring in thousands of dollars worth of tv purchased crap to dealers only to get extremely disappointed when the dealer offers 25% of what the purchase price was.

johnny9434 · January 11, 2011 3:38AM

I do not buy from them so it dont matter to me who supplies them with what.

derryb · January 11, 2011 3:56AM

Not surprisingly they, and other telemarketers, cruise the modern market on ebay and jump on bargains (when they can find them). I would also guess that because of their volume they also do their own grading submittions on what they are able to get directly from the mint.

BAJJERFAN · January 11, 2011 4:02AM

<< I do not buy from them so it dont matter to me who supplies them with what. >>

Would you buy from dealers/companies who do sell to them? Would you buy products from companies who supply services directly to them?

EagleEye · January 11, 2011 4:37AM

The new Leon Hendrickson book gets into SilverTowne's foray into TV marketing.

In my opinion, it is a doubled-edged sword. The TV marketers sell lots of stuff which brings money into the coin market. They bring some people into coin collecting that normally wouldn't get into it. On the other hand the stuff they sell is very much overpriced from all of our "in-the-know" perspective. However, it is no more over-priced than the non-coin stuff they sell.

Loupe · January 11, 2011 10:09AM

Da Mint?

BBN · January 11, 2011 10:47AM

"This Silver Eagle dated 2010 is NOT BEING MADE ANYMORE! You will receive YOUR AMERICAN SILVER EAGLE DOLLAR dated 2010, no longer being made, certified Proof 69 DCAM, that's right folks, many of these proof 69 deep cameos are undergraded, you will receive this coin....for the unheard of low price...........of....$79.95!!!! That's right, this ultra rare, highly graded coin for $79.95 which makes this coin a great investment as some experts are predicting that silver will go up to 14 gazillion dollars per ounce by the end of 2011. Don't miss out on this opportunity folks."

johnny9434 · January 12, 2011 3:02AM

<< 

<< I do not buy from them so it dont matter to me who supplies them with what. >>

Would you buy from dealers/companies who do sell to them? Would you buy products from companies who supply services directly to them? >>

didnt say that. i said i wouldnt buy from the tv shucksters not the dealers them selfs due to the cost. big difference

phantom1701 · January 13, 2011 4:26AM

<< 

<< I represent a couple of different companies that sell on air and online at HSN. A couple of years ago I was sitting in "the green room" watching the coin hour that was on just before my products were going on air. I remember thinking that after that show all of the old ladies would be completely tapped out after buying slabbed ICG moderns at 4-8 times their real value. Of course I was also thinking how can I get into that act.

I will say that next to all of their staple lines like cosmetics, clothing & computers, the coin shows are the thing the buyers get giddy about the most. >>

This makes me want to puke that you would even consider getting in on the "action" of robbing innocent people of their income. They don't know any better doesn't mean we should take advantage.

Tom >>

First of all, that was more of a tongue in cheek comment that you took way too seriously. I too hate seeing these late night shows pushing this clad crap on people for 500x actual value. But as another poster commented when you think about the margins that exist in the "legitimate" coin market, you have to turn a lot of product to make any money at it. And the markup on their cosmetics is probably not that far off the multiple these coin dealers on HSN are pricing these things at.

The bottom line is that people have the right to make money and those making purchases should be informed about what they are buying, or should refrain from doing so. I have this same conversation all the time with people about pharmaceutical companies. They hate the billions of dollars that they make and can't stand it when the CEO's are on TV at golf outings, yet when they are on the gurney about to code in the hospital they all the sudden become a real big fan of Glaxo and Pfizer and could probably give a damn about how much money they make.

Every home loan in America has you paying 2.5 to 4 times the actual value of the home over a 30 year period. Are the banks also "robbing innocent people of their income"?

halfhunter · January 13, 2011 4:51AM

<< The new Leon Hendrickson book gets into SilverTowne's foray into TV marketing.

In my opinion, it is a doubled-edged sword. The TV marketers sell lots of stuff which brings money into the coin market. They bring some people into coin collecting that normally wouldn't get into it. On the other hand the stuff they sell is very much overpriced from all of our "in-the-know" perspective. However, it is no more over-priced than the non-coin stuff they sell. >>

Didn't SilverTowne own the Coin Vault program with our numismatic hero Mr. Robert Chambers?

BAJJERFAN · January 13, 2011 5:18AM

<< The new Leon Hendrickson book gets into SilverTowne's foray into TV marketing.

In my opinion, it is a doubled-edged sword. The TV marketers sell lots of stuff which brings money into the coin market. They bring some people into coin collecting that normally wouldn't get into it. On the other hand the stuff they sell is very much overpriced from all of our "in-the-know" perspective. However, it is no more over-priced than the non-coin stuff they sell. >>

It would be nice if prices would rise so that stuff purchased from them could actually be resold at a profit.

BAJJERFAN · January 13, 2011 5:20AM

<< 

<< 

<< I do not buy from them so it dont matter to me who supplies them with what. >>

Would you buy from dealers/companies who do sell to them? Would you buy products from companies who supply services directly to them? >>

didnt say that. i said i wouldnt buy from the tv shucksters not the dealers them selfs due to the cost. big difference >>

I know you didn't say that, but why would you support a dealer who supplies ripoff material to them?

HSN Home Shopping Network who is supplying them?

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