I can't get through all of the HSN drama here. Suffice to say that if Carr is respectfully attributed to the merchandise there, it will broaden the collector base of his products, which is good for Daniel and for most of us. Legacy products have fixed supply and increasing demand tends to increase secondary market valuations.
@NJCoin said:
I also understand the economics of selling on TV. Unlike many here, who have railed for years about what a rip-off it is. Some of the same people now jumping to buy from HSN, because it happens to be selling Dan Carr overstrikes, at the same inflated margins they sell everything at in order to make selling coins on TV worthwhile for the vendor, as opposed to using the time to sell makeup, jewelry, vacuum cleaners, etc.
These overstrikes are nowhere near the higher margins they charge on most of the Silver Eagles listed on the website.
$224.99 is a far cry from $799 and $899 for as single graded silver eagle. These are being priced like the common bullion ones.
This is Mike, and the exact coin Dan is overstriking for him. The other coins are not only equally overpriced, but they are not the same coins. Apples to apples would be bullion ASEs, grading of which is a scam onto itself, given that they are all just bullion made in the millions, with no real aftermarket value, regardless of the slab they are marketed in.
Yes, Dan definitely adds value with his overstrikes. Go to his website to peruse his offerings. When he makes thousands for sale on TV, that value dissipates. Due both to the vastly increased cost of selling on TV, and to the massive volumes necessary to make the enterprise worthwhile to the vendor.
There is currently an out of stock 1776-2026 Draped Bust / Heraldic Eagle ASE overstrike on Dan's website. It was offered for $180, and I cannot find the mintage.
But I am quite sure that it is not only $45-60 less expensive than what is now offered by HSN, but that the mintage is a tiny fraction of the ~10K of the HSN items. Not sure why anyone suddenly thinks anything offered on HSN is not overpriced.
I'm pretty sure their margins are right in line. HSN is likely not paying much, if anything, more than $120 for what they are selling for $230. Because that's their margin. I have no interest in getting into Dan's business, but I'd bet anything that Dan gets far less per coin for each of the tens of thousands that were commissioned by Mike than he gets for each one he sells individually to us on his website. Right in line with a $400 coin HSN sells for $800.
The coins Daniel sells on his website are not graded 70 by ANACS. Try to stay Apples to Apples. Also, we were discussing HSN and you link to some other website that is not HSN to prove your point. Again, not Apples to Apples.
We were talking HSN because you brought it up like these are so WAYYYY overpriced. Why did one sell yesterday for $290 on Ebay?
The gold coins on HSN are WAYYY overpriced by comparison, not these.
So if Daniel had to sell graded 70 coins from ANACS on his website, they would be more expensive than he currently charges. Much closer to the HSN price than you would want to admit.
PS The HSN website says over 3,100 sold so far today.
70 by ANACS means nothing when everyone gets a trophy. Every. Single. One. Is an ANACS "First Strike" 70.
HSN and CSN are the same for these. Same coins. Same seller. Apples to apples.
I can't tell you why some dummy pays $290 on eBay for something that is available for significantly less money directly from the source. The same way I can't explain why thousands of people will pay over $200 each for an entire series of them.
But they surely will. The question is who is going to buy from them when it is time to sell? And at what price? I think a lot closer to bullion than is the case when the mintage is in the dozens or hundreds rather than thousands.
The gold coins are just as overpriced as these. They will sell a few dozen at double what they are worth, resulting in thousands of dollars of profit per unit. And they will sell thousands of Dan's overstrikes at double what they are worth, resulting in dozens of dollars of profit per unit. Six or half a dozen, it's all the same to Mike.
@NJCoin said:
I can't tell you why some dummy pays $290 on eBay for something that is available for significantly less money directly from the source.
I bought several Carrs on eBay at the beginning because that's where I discovered them and it was the only place I knew where to find them. It was some time later when I discovered his own website and I could buy directly from him there. Maybe these "dummies" don't know about the shopping channels, do all their shopping on eBay etc., live in a state the shopping channels won't deliver to, would rather deal with individuals they know/trust, had never seen these products before, or prefer seeing pictures of the actual item they'd end up receiving.
70 by ANACS means nothing when everyone gets a trophy. Every. Single. One. Is an ANACS "First Strike" 70.
.
Sure, if ANACS gave 70 to every coin it would mean nothing, but that's not happening. The rejects that don't get 70, go back to Dan to get done again or discarded. I see some value in ensuring the coin purchased is perfect, even if all of them are perfect 70s.
Imagine if the US Mint looked at coins before mailing them to us to make sure they were spot and mark free... I would see value in that even if that means everyone is a winner.
70 by ANACS means nothing when everyone gets a trophy. Every. Single. One. Is an ANACS "First Strike" 70.
.
Sure, if ANACS gave 70 to every coin it would mean nothing, but that's not happening. The rejects that don't get 70, go back to Dan to get done again or discarded. I see some value in ensuring the coin purchased is perfect, even if all of them are perfect 70s.
Imagine if the US Mint looked at coins before mailing them to us to make sure they were spot and mark free... I would see value in that even if that means everyone is a winner.
Or so they say. I don't believe it.
Dan generally does high quality work. Much higher quality than the Mint, due to the much lower volumes. Even with NGC and PCGS, the difference between a 69 and a 70 is often nothing, with "experts" disagreeing on grades going both ways.
I heard Magic Mike say last night that only around 65% of what they submit comes back 70. Dan would know, and Mike demonstrably embellishes, exaggerates, or flat out lies in every presentation. Most people who know anything at all about this stuff know this.
I doubt Dan is really producing 3 coins for every 2 they are selling on TV. And that they are really destroying 35% of what they are paying Dan to produce, rather than selling them as 69s at a reduced price. Because a Dan Carr MS69 First Strike overstrike in a slab is worth less than can be realized by paying to send them to the smelter and turning them into silver bars?
If this is really a thing, why don't they do that with ALL the bullion they buy and have graded? So, with all due respect, I'm calling BS. It's just pablum for the HSN audience. And, apparently you. To make you believe what you are buying is the best of the best, and well worth the ginormous premium you are being asked to pay.
I'd be willing to bet significant money that a teeny tiny fraction of what is submitted, if anything, does not make it into an ANACS MS70 slab. Nowhere near 35%.
Same way they are all "First Strike" although that is supposedly exclusively a PCGS thing, and a thing ANACS does not make available to anyone else. And a thing that cannot possibly apply to the host coin.
Since Dan is really overstriking, not striking, maybe it should be "First Overstrike," which wouldn't quite roll off the tongue the same way. And which also means nothing, since every single coin they are selling has it.
Think what you want, but it's nothing but marketing hype that only confers value because you think it does. ANACS slabs coins for individuals at $16 each. Less with coin show specials. In the quantity Mike submits, he is paying next to nothing for each of those slabs.
@NJCoin said:
The gold coins are just as overpriced as these. They will sell a few dozen at double what they are worth, resulting in thousands of dollars of profit per unit. And they will sell thousands of Dan's overstrikes at double what they are worth, resulting in dozens of dollars of profit per unit. Six or half a dozen, it's all the same to Mike.
They have now sold over 3,800 coins, all in one day, with almost two hours left.
@NJCoin said:
The gold coins are just as overpriced as these. They will sell a few dozen at double what they are worth, resulting in thousands of dollars of profit per unit. And they will sell thousands of Dan's overstrikes at double what they are worth, resulting in dozens of dollars of profit per unit. Six or half a dozen, it's all the same to Mike.
They have now sold over 3,800 coins, all in one day, with almost two hours left.
Yes. What's your point?
That HSN and Mike Mezack are a very successful marketing machine? Granted. It's why this is a home run for Dan.
How many slabbed bullion coins do they sell every New Years Eve, at huge markups? It's what they do. Why do you think they take airtime away from computers, jewelry, vacuums, fans, etc. to give it to Mike, several times a month?
When it involves anything other than a Dan Carr overstrike, this forum recognizes it for what it is. But there seems to be a blind spot with these.
I sincerely hope everyone, both here and in the general public, enjoys their purchase. No shade. But let's not pretend it's anything other than what it is.
You seem to be such a big fan I wanted you to know.
Not many could sell that much in one day at way overpriced as you claim.
Not true. Mike is GREAT at what he does, which is why he is still doing it after all these years, while many others have come and gone.
HSN moves a ton of overpriced product every day, in a wide variety of categories. That's how and why they have a business.
And don't get me wrong. Again, no shade. The product HAS to be overpriced, by definition, because home shopping is a very expensive sales channel. But watching Mike claim his price is the "wholesale price" is laughable. Do you laugh while buying an ounce of silver for $230, wholesale?
Because I sure do, while watching him dribble out a set of 4 of these, getting people to eagerly pay around $1,000 for a strictly limited edition set of literally thousands of aftermarket overstrikes of silver bullion coins. As I type this, I am watching Mike and his co-host gush over the amazing deal he is offering of 1/1000 ounce of gold for only $50.
This is guy is following up your bargain overstrike by selling gold for $50,000 an ounce. Hundreds or thousands of people will also buy that. Should I be impressed by their intelligence, or by his ability to sell ice to Eskimos, gold at over 10x its value, and Dan Carr overstrikes to you?
Or should I think it isn't overpriced, because the American public would never buy it if it was? Now he's selling $10 worth of dimes for $43.50. Also a great deal? Because he says dealers are buying from him in quantity at his price, rather than going to a bank?
Again, before Dan Carr, there was no debate here regarding the value Mike Mezack offered. For some strange reason, you and others here seem to believe Dan Carr is the single exception to the general Mike Mezack rule.
You seem to be such a big fan I wanted you to know.
Not many could sell that much in one day at way overpriced as you claim.
Not true. Mike is GREAT at what he does, which is why he is still doing it after all these years, while many others have come and gone.
HSN moves a ton of overpriced product every day, in a wide variety of categories. That's how and why they have a business.
And don't get me wrong. Again, no shade. The product HAS to be overpriced, by definition, because home shopping is a very expensive sales channel. But watching Mike claim his price is the "wholesale price" is laughable. Do you laugh while buying an ounce of silver for $230, wholesale?
Because I sure do, while watching him dribble out a set of 4 of these, getting people to eagerly pay around $1,000 for a strictly limited edition set of literally thousands of aftermarket overstrikes of silver bullion coins. As I type this, I am watching Mike and his co-host gush over the amazing deal he is offering of 1/1000 ounce of gold for only $50.
This is guy is following up your bargain overstrike by selling gold for $50,000 an ounce. Hundreds or thousands of people will also buy that. Should I be impressed by their intelligence, or by his ability to sell ice to Eskimos, gold at over 10x its value, and Dan Carr overstrikes to you?
Or should I think it isn't overpriced, because the American public would never buy it if it was? Now he's selling $10 worth of dimes for $43.50. Also a great deal? Because he says dealers are buying from him in quantity at his price, rather than going to a bank?
Again, before Dan Carr, there was no debate here regarding the value Mike Mezack offered. For some strange reason, you and others here seem to believe Dan Carr is the single exception to the general Mike Mezack rule.
.
I disagree especially on that last sentence.
I have not followed many of their offerings over the years.
But I do remember one show where they were selling silver bullion bars for a pretty good price.
1/1000 oz fabricated fractional gold will always be a less economical form of gold to purchase, regardless of the seller and venue.
70 by ANACS means nothing when everyone gets a trophy. Every. Single. One. Is an ANACS "First Strike" 70.
.
Sure, if ANACS gave 70 to every coin it would mean nothing, but that's not happening. The rejects that don't get 70, go back to Dan to get done again or discarded. I see some value in ensuring the coin purchased is perfect, even if all of them are perfect 70s.
Imagine if the US Mint looked at coins before mailing them to us to make sure they were spot and mark free... I would see value in that even if that means everyone is a winner.
Or so they say. I don't believe it.
Dan generally does high quality work. Much higher quality than the Mint, due to the much lower volumes. Even with NGC and PCGS, the difference between a 69 and a 70 is often nothing, with "experts" disagreeing on grades going both ways.
I heard Magic Mike say last night that only around 65% of what they submit comes back 70. Dan would know, and Mike demonstrably embellishes, exaggerates, or flat out lies in every presentation. Most people who know anything at all about this stuff know this.
I doubt Dan is really producing 3 coins for every 2 they are selling on TV. And that they are really destroying 35% of what they are paying Dan to produce, rather than selling them as 69s at a reduced price. Because a Dan Carr MS69 First Strike overstrike in a slab is worth less than can be realized by paying to send them to the smelter and turning them into silver bars?
If this is really a thing, why don't they do that with ALL the bullion they buy and have graded? So, with all due respect, I'm calling BS. It's just pablum for the HSN audience. And, apparently you. To make you believe what you are buying is the best of the best, and well worth the ginormous premium you are being asked to pay.
I'd be willing to bet significant money that a teeny tiny fraction of what is submitted, if anything, does not make it into an ANACS MS70 slab. Nowhere near 35%.
Same way they are all "First Strike" although that is supposedly exclusively a PCGS thing, and a thing ANACS does not make available to anyone else. And a thing that cannot possibly apply to the host coin.
Since Dan is really overstriking, not striking, maybe it should be "First Overstrike," which wouldn't quite roll off the tongue the same way. And which also means nothing, since every single coin they are selling has it.
Think what you want, but it's nothing but marketing hype that only confers value because you think it does. ANACS slabs coins for individuals at $16 each. Less with coin show specials. In the quantity Mike submits, he is paying next to nothing for each of those slabs.
.
65% MS70 results are not limited to what I over-strike. That is perhaps the percentage of MS70 grades they get from a batch of normal bullion Silver Eagles.
I have noticed that the 2026 Silver Eagles have more planchet issues than prior years. These defects are typically black slag pockets and loose silver particles rolled into the planchet strip. It has been problematic enough that I have had to spend more time in pre-screening coins before they are over-struck. Many coins literally need to have gunk scraped off (or dug out) of them. Doing that, followed by the normal wire-brushing, usually works to get a "clean" problem-free over-strike.
Current HSN item text for May 22 one day only sale.
"2026 MS70 ANACS Silver Eagle with Daniel Carr Constitution Privy Overstrike
Celebrate 250 years of American history with this stunning 2026 Denver Mint Silver Eagle featuring a specialty overstrike issue produced on a Denver Mint Silver Eagle coin and enhanced with commemorative Constitution-themed artwork and the dual date "1776 ~ 2026" in celebration of America's 250th anniversary. This collectible coin combines the beauty of .999 fine silver with an ANACS Mint State 70 certification, making it a must-have for patriotic collectors. It is encapsulated and arrives safely tucked inside a sleek black velvet pouch, perfect for display or gifting. Get yours today.
What You Get
2026 MS70 ANACS D-Mint Silver Eagle with Daniel Carr Constitution Dual-Date Overstrike
Black Velvet Coin Pouch
All coin items considered for return must be in their original condition as sold. Seals and cases contribute to the value of the coin and currency collectibles and must remain intact and unbroken. This applies but is not limited to: grading cases, Mint and Proof cases and packages, bag seals, original government sealed packaging and/or any other special packaging or containers.
About Collectible Coins…
Treasures from around the world – delivered right to your door! Our large selection of collectible coin sets, proofs, ancient and uncirculated coins is ideal for both the novice and the experienced collector. HSN coin experts travel the world for the best coins - from the latest U.S. state quarters to the Widow’s Mite coin, discovered during an archeological dig in the Middle East. Most coins include a Certificate of Authenticity that validates the coin’s origin and condition.
This item is not for sale to customers in Minnesota."
"2026 MS70 ANACS Silver Eagle with Daniel Carr Flag Privy Overstrike
Celebrate 250 years of American history with this stunning 2026 Denver Mint Silver Eagle featuring Daniel Carr’s unique Flag Privy Dual Date Overstrike design. This collectible coin combines the beauty of .999 fine silver with an ANACS Mint State 70 certification, making it a must-have for patriotic collectors. This silver eagle is encapsulated and arrives safely tucked inside a sleek black velvet pouch, perfect for display or gifting.
What You Get
2026 MS70 ANACS D-Mint Silver Eagle with Daniel Carr Flag Privy Dual Date Overstrike
Black Velvet Coin Pouch; approx. 4" x 5.5"
All coin items considered for return must be in their original condition as sold. Seals and cases contribute to the value of the coin and currency collectibles and must remain intact and unbroken. This applies but is not limited to: grading cases, Mint and Proof cases and packages, bag seals, original government sealed packaging and/or any other special packaging or containers.
About Collectible Coins…
Treasures from around the world – delivered right to your door! Our large selection of collectible coin sets, proofs, ancient and uncirculated coins is ideal for both the novice and the experienced collector. HSN coin experts travel the world for the best coins - from the latest U.S. state quarters to the Widow’s Mite coin, discovered during an archeological dig in the Middle East. Most coins include a Certificate of Authenticity that validates the coin’s origin and condition.
This item is not for sale to customers in Minnesota."
"2026 Denver Mint Silver Eagle Daniel Carr Dual Date Overstrike Coin
Celebrate America’s 250th anniversary with this stunning overstrike coin, blending classic design with a fresh commemorative twist. Perfect for collectors who appreciate both history and artistry, this coin shines with its flawless ANACS 70 certification. Keep it safe and stylish in the included black velvet pouch, ideal for display or gifting.
What You Get
2026 Denver Mint Silver Eagle Daniel Carr Dual Date Overstrike Certified ANACS 70 coin
Black velvet coin pouch (4in x 5.5in)"
70 by ANACS means nothing when everyone gets a trophy. Every. Single. One. Is an ANACS "First Strike" 70.
.
Sure, if ANACS gave 70 to every coin it would mean nothing, but that's not happening. The rejects that don't get 70, go back to Dan to get done again or discarded. I see some value in ensuring the coin purchased is perfect, even if all of them are perfect 70s.
Imagine if the US Mint looked at coins before mailing them to us to make sure they were spot and mark free... I would see value in that even if that means everyone is a winner.
Or so they say. I don't believe it.
Dan generally does high quality work. Much higher quality than the Mint, due to the much lower volumes. Even with NGC and PCGS, the difference between a 69 and a 70 is often nothing, with "experts" disagreeing on grades going both ways.
I heard Magic Mike say last night that only around 65% of what they submit comes back 70. Dan would know, and Mike demonstrably embellishes, exaggerates, or flat out lies in every presentation. Most people who know anything at all about this stuff know this.
I doubt Dan is really producing 3 coins for every 2 they are selling on TV. And that they are really destroying 35% of what they are paying Dan to produce, rather than selling them as 69s at a reduced price. Because a Dan Carr MS69 First Strike overstrike in a slab is worth less than can be realized by paying to send them to the smelter and turning them into silver bars?
If this is really a thing, why don't they do that with ALL the bullion they buy and have graded? So, with all due respect, I'm calling BS. It's just pablum for the HSN audience. And, apparently you. To make you believe what you are buying is the best of the best, and well worth the ginormous premium you are being asked to pay.
I'd be willing to bet significant money that a teeny tiny fraction of what is submitted, if anything, does not make it into an ANACS MS70 slab. Nowhere near 35%.
Same way they are all "First Strike" although that is supposedly exclusively a PCGS thing, and a thing ANACS does not make available to anyone else. And a thing that cannot possibly apply to the host coin.
Since Dan is really overstriking, not striking, maybe it should be "First Overstrike," which wouldn't quite roll off the tongue the same way. And which also means nothing, since every single coin they are selling has it.
Think what you want, but it's nothing but marketing hype that only confers value because you think it does. ANACS slabs coins for individuals at $16 each. Less with coin show specials. In the quantity Mike submits, he is paying next to nothing for each of those slabs.
.
65% MS70 results are not limited to what I over-strike. That is perhaps the percentage of MS70 grades they get from a batch of normal bullion Silver Eagles.
I have noticed that the 2026 Silver Eagles have more planchet issues than prior years. These defects are typically black slag pockets and loose silver particles rolled into the planchet strip. It has been problematic enough that I have had to spend more time in pre-screening coins before they are over-struck. Many coins literally need to have gunk scraped off (or dug out) of them. Doing that, followed by the normal wire-brushing, usually works to get a "clean" problem-free over-strike.
.
Be that as it may, it is literally precisely what he said on TV Thursday night/early Friday morning. I get that he is typically fast and loose with facts, and that you cannot come here and publicly contradict him, which is why I did not ask you to.
I was just pointing out how what he says makes no economic sense, and is just part of the pitch to make the 70s sound like something special and valuable when they are not. And how destroying anything other than a nominal amount of product he commissioned you to make, to spend money to turn back into bullion, would never happen in the real world.
To your point regarding planchets, plenty of large dealers send large quantities of coins to the grading services with instructions to not slab anything that is not a 70. That is not uncommon.
What would be uncommon would be to melt the coins, as Mike claims he does with your stuff, after paying you to make it, as though a 69 coin he already paid to have you overstrike is worth less bullion after subtracting the cost of turning it back into bullion. Not to mention, if he actually did this, it still would not make the 70s special, since all surviving coins would still be 70s, but it WOULD increase the cost of making them, since the waste of having you overstrike a coin, and then melt it back into bullion, would have to be accounted for in the price of the surviving 70s.
So, with all due respect, it's just stupid, and we both know it doesn't actually happen. What happens, especially in light of your careful prescreening of the planchets, and then your precise manufacturing process, is that the vast majority of what you produce is a 70, ANACS is likely somewhat more permissive in grading what he sends as a 70 than it would be for me or anyone else, and then, if anything is actually left, it is just not slabbed or offered for sale. As opposed to what he is selling on TV being the surviving 65% after a vigorous screening process, not by you, but by ANACS, with all but the very best being melted down in order to preserve the value of the survivors.
I do greatly appreciate you coming here and adding detail and context to what you are doing with this project. I love you and your stuff, and don't think you need to feel the need to justify the over hyped way in which a TV huckster is moving large quantities. For the record, given the opportunity, I would have jumped on this as a producer as well, so no shade at all on you. It's a great opportunity to get your name into the TV mainstream, and maybe create some new customers for your more traditional stuff. Of course, it also runs the risk of turning off the layperson when they realize they did not really pay "wholesale," as Mike claims, repeatedly, when they bought a bullion ASE Dan Carr overstrike for $230.
I'm just pointing out that this is not the typical Dan Carr stuff we here have come to know and love. It is being sold in a way you do not sell your stuff directly (just look at the HSN website, and tell me you would have the same descriptions ("2026 Denver Mint"), and lack of disclaimers, on your own website), with multiple layers of additional costs that are ultimately borne by the end consumer, and with a mintage that is a massive multiple to what is typical, inevitably negatively impacting future value.
You seem to be such a big fan I wanted you to know.
Not many could sell that much in one day at way overpriced as you claim.
Not true. Mike is GREAT at what he does, which is why he is still doing it after all these years, while many others have come and gone.
HSN moves a ton of overpriced product every day, in a wide variety of categories. That's how and why they have a business.
And don't get me wrong. Again, no shade. The product HAS to be overpriced, by definition, because home shopping is a very expensive sales channel. But watching Mike claim his price is the "wholesale price" is laughable. Do you laugh while buying an ounce of silver for $230, wholesale?
Because I sure do, while watching him dribble out a set of 4 of these, getting people to eagerly pay around $1,000 for a strictly limited edition set of literally thousands of aftermarket overstrikes of silver bullion coins. As I type this, I am watching Mike and his co-host gush over the amazing deal he is offering of 1/1000 ounce of gold for only $50.
This is guy is following up your bargain overstrike by selling gold for $50,000 an ounce. Hundreds or thousands of people will also buy that. Should I be impressed by their intelligence, or by his ability to sell ice to Eskimos, gold at over 10x its value, and Dan Carr overstrikes to you?
Or should I think it isn't overpriced, because the American public would never buy it if it was? Now he's selling $10 worth of dimes for $43.50. Also a great deal? Because he says dealers are buying from him in quantity at his price, rather than going to a bank?
Again, before Dan Carr, there was no debate here regarding the value Mike Mezack offered. For some strange reason, you and others here seem to believe Dan Carr is the single exception to the general Mike Mezack rule.
.
I disagree especially on that last sentence.
I have not followed many of their offerings over the years.
But I do remember one show where they were selling silver bullion bars for a pretty good price.
1/1000 oz fabricated fractional gold will always be a less economical form of gold to purchase, regardless of the seller and venue.
.
I greatly respect you, but we will have to agree to disagree on this. I have never bought from TV, but watch it somewhat obsessively as I use it to fall asleep.
If the silver bars are the ones I am thinking about, I remember laughing at them as well. One kilo bars were something like double or triple spot. They simply cannot ever sell anything at "a pretty good price" due to the economics of selling on TV.
With respect to 1/1000 oz of anything, if it doesn't make economic sense to manufacture, normal producers just don't make it. But, as I said above, this guy could literally sell ice to Eskimos, so contracting with someone to make anything he can sell on TV makes sense for him and for HSN. The question is how it makes sense for the buyers, and why anyone would value $4.50 in gold at $50, regardless of the form? Maybe in jewelry, but in a card?
@NJCoin said:
I'm just pointing out that this is not the typical Dan Carr stuff we here have come to know and love. It is being sold in a way you do not sell your stuff directly (just look at the HSN website, and tell me you would have the same descriptions ("2026 Denver Mint"), and lack of disclaimers, on your own website), with multiple layers of additional costs that are ultimately borne by the end consumer, and with a mintage that is a massive multiple to what is typical, inevitably negatively impacting future value.
You have written a complete novella on this but still haven't made the case that these were as dramatically overpriced as you claim. The newer price is much closer to what I would have expected and is full retail, but not the old price.
The "mintage" of the coin does not always matter with respect to the price, if they make 50, 500, or 5000. He recently released a coin through a different distributor and only one has shown up on Ebay at a mintage of 200, where the rest are is anyone's guess. There are many of his pieces that I have not ever seen for sale. Over the last month there were two that I missed that I would have purchased, I doubt they come up again for a year or more at those prices, if ever.
Yes the mintages for these HSN coins is high compared to the normal releases, but so what. They priced them lower to do the volume, and it worked. More coins in the market is good for the total base, as some sell for less, and others sell for more. Your claim about them all being 70's is somehow bad make little sense. Would you have preferred both Mike and Daniel finger them all like the US Mint did with the Omega Lincoln Cents?
The coin they sold yesterday was like a US Mint release. They did over 4,200 coins in one day. The US Mint dropped the ball for 2026 when they left the door open for products like this that people want. The Best Of The Mint gold coins should have been dual dated for example. Instead they placed a fake date on them, and added a weak silver medal to jack up the price.
If the 2026 Congratulations set was dual dated, they would probably be at $800 right now with the mintage. Instead they are barely over $200, and it is all due to the choices the US Mint made.
You can harp all day about these, but the US Mint does the same thing. The price for the Uncirculated set was jacked up just like they were selling on TV. I imagine that it works for this year, and next year the house of cards fall down for them. They will likely have tons of unsold inventory of 2027 products, and maybe then changes will happen.
I'm guessing these will be bought by a number of Carr-work lovers here. I do own a few Carr pieces, and do think he's a very talented guy in the very specialized field he's in. When you tell how-many-100's of thousands of viewers on HSN (possibly in the millions), and if/when these viewers who are completely new to his work, Google him, and see what he's accomplished, there could be enough 'newbies' that are going to 'get into' Carr-products..... it could possibly wind up with 'newbie' Carr purchasers possibly making it more difficult for those long-term collectors to get what they choose. Perhaps the mintage isn't high enough for everyone who wants one to get one.
@NJCoin said:
I'm just pointing out that this is not the typical Dan Carr stuff we here have come to know and love. It is being sold in a way you do not sell your stuff directly (just look at the HSN website, and tell me you would have the same descriptions ("2026 Denver Mint"), and lack of disclaimers, on your own website), with multiple layers of additional costs that are ultimately borne by the end consumer, and with a mintage that is a massive multiple to what is typical, inevitably negatively impacting future value.
You have written a complete novella on this but still haven't made the case that these were as dramatically overpriced as you claim. The newer price is much closer to what I would have expected and is full retail, but not the old price.
The "mintage" of the coin does not always matter with respect to the price, if they make 50, 500, or 5000. He recently released a coin through a different distributor and only one has shown up on Ebay at a mintage of 200, where the rest are is anyone's guess. There are many of his pieces that I have not ever seen for sale. Over the last month there were two that I missed that I would have purchased, I doubt they come up again for a year or more at those prices, if ever.
Yes the mintages for these HSN coins is high compared to the normal releases, but so what. They priced them lower to do the volume, and it worked. More coins in the market is good for the total base, as some sell for less, and others sell for more. Your claim about them all being 70's is somehow bad make little sense. Would you have preferred both Mike and Daniel finger them all like the US Mint did with the Omega Lincoln Cents?
The coin they sold yesterday was like a US Mint release. They did over 4,200 coins in one day. The US Mint dropped the ball for 2026 when they left the door open for products like this that people want. The Best Of The Mint gold coins should have been dual dated for example. Instead they placed a fake date on them, and added a weak silver medal to jack up the price.
If the 2026 Congratulations set was dual dated, they would probably be at $800 right now with the mintage. Instead they are barely over $200, and it is all due to the choices the US Mint made.
You can harp all day about these, but the US Mint does the same thing. The price for the Uncirculated set was jacked up just like they were selling on TV. I imagine that it works for this year, and next year the house of cards fall down for them. They will likely have tons of unsold inventory of 2027 products, and maybe then changes will happen.
Actually, no. The Mint didn't "drop" anything. You don't have to regurgitate Mike's pablum verbatim.
The Mint made a proof ASE with the dual dates and privy Mike harps about, There is also going to be an Enhanced Uncirculated version. With the privy. And the dual date. $60 less than Mike is charging for an after market overstrike.
Please don't tell me mintage doesn't affect value. It does. Always.
These are significantly more expensive than similar product Dan sells directly. With vastly higher mintages. Not a little, but significant orders of magnitude. They are inherently less valuable, and they absolutely cost more. I don't need to make any case beyond that.
All that said, please enjoy. Mike offers lots of equally appealing bargains every time he appears on TV. Get your credit card out.
These are significantly more expensive than similar product Dan sells directly. With vastly higher mintages. Not a little, but significant orders of magnitude. They are inherently less valuable, and they absolutely cost more. I don't need to make any case beyond that.
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Perhaps the coins offered on HSN by Mike are the bargain and that Dan needs to raise the prices on his site accordingly?
Wait... did I actually put that in writing... don't read that Dan!!! Not until we put in our coin club order this year at least!!!
@NJCoin said:
Please don't tell me mintage doesn't affect value. It does. Always.
Coin prices are not dictated only only mintages, but by demand being higher than mintages. If demand is less than the available coins, then prices tend to drop.
I would be surprised if you ever bought a Carr piece, yet you are so enthusiastic to warn all of us about these. Many here have huge collections, and some here are dealers that are well versed in what is high and what is low. Why did a Constitution silver eagle just sell for $339.76 plus $7.25 shipping on Ebay? I know, you can't answer than one.
They sold over 4,200 coins yesterday alone, and thousands again probably tonight for the third one. The market says you are wrong.
These are significantly more expensive than similar product Dan sells directly. With vastly higher mintages. Not a little, but significant orders of magnitude. They are inherently less valuable, and they absolutely cost more. I don't need to make any case beyond that.
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Perhaps the coins offered on HSN by Mike are the bargain and that Dan needs to raise the prices on his site accordingly?
Wait... did I actually put that in writing... don't read that Dan!!! Not until we put in our coin club order this year at least!!!
Pretty sure Dan is just a contractor, and has no say in setting prices. And, for the record, HSN already raised the price on the first coin.
@NJCoin said:
Please don't tell me mintage doesn't affect value. It does. Always.
Coin prices are not dictated only only mintages, but by demand being higher than mintages. If demand is less than the available coins, then prices tend to drop.
I would be surprised if you ever bought a Carr piece, yet you are so enthusiastic to warn all of us about these. Many here have huge collections, and some here are dealers that are well versed in what is high and what is low. Why did a Constitution silver eagle just sell for $339.76 plus $7.25 shipping on Ebay? I know, you can't answer than one.
They sold over 4,200 coins yesterday alone, and thousands again probably tonight for the third one. The market says you are wrong.
Understood. The HSN "market" also says HP laptops sporting Intel Celeron processors are great deals.
You do seem to understand supply/demand dynamics. Please report back in a few months regarding the secondary market for Dan Carr pieces produced in the thousands and sold on TV.
And, of course I can "answer that one." EBay is full of uneducated buyers. Why else would anyone buy anything off eBay for more than it can be bought for directly from the source? Why else would there be a thriving market for "original unopened bank rolls of silver dollars"? Etc. etc., etc. Please don't get me started on either eBay or HSN.
I'm really very truly thrilled that you are excited about your HSN purchases. No shade. Just please never poop on anything anyone on TV is ever selling, at any price. Because if it is offered and sold, that will represent the market speaking. An uneducated market, but a market nonetheless.
70 by ANACS means nothing when everyone gets a trophy. Every. Single. One. Is an ANACS "First Strike" 70.
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Sure, if ANACS gave 70 to every coin it would mean nothing, but that's not happening. The rejects that don't get 70, go back to Dan to get done again or discarded. I see some value in ensuring the coin purchased is perfect, even if all of them are perfect 70s.
Imagine if the US Mint looked at coins before mailing them to us to make sure they were spot and mark free... I would see value in that even if that means everyone is a winner.
Or so they say. I don't believe it.
Dan generally does high quality work. Much higher quality than the Mint, due to the much lower volumes. Even with NGC and PCGS, the difference between a 69 and a 70 is often nothing, with "experts" disagreeing on grades going both ways.
I heard Magic Mike say last night that only around 65% of what they submit comes back 70. Dan would know, and Mike demonstrably embellishes, exaggerates, or flat out lies in every presentation. Most people who know anything at all about this stuff know this.
I doubt Dan is really producing 3 coins for every 2 they are selling on TV. And that they are really destroying 35% of what they are paying Dan to produce, rather than selling them as 69s at a reduced price. Because a Dan Carr MS69 First Strike overstrike in a slab is worth less than can be realized by paying to send them to the smelter and turning them into silver bars?
If this is really a thing, why don't they do that with ALL the bullion they buy and have graded? So, with all due respect, I'm calling BS. It's just pablum for the HSN audience. And, apparently you. To make you believe what you are buying is the best of the best, and well worth the ginormous premium you are being asked to pay.
I'd be willing to bet significant money that a teeny tiny fraction of what is submitted, if anything, does not make it into an ANACS MS70 slab. Nowhere near 35%.
Same way they are all "First Strike" although that is supposedly exclusively a PCGS thing, and a thing ANACS does not make available to anyone else. And a thing that cannot possibly apply to the host coin.
Since Dan is really overstriking, not striking, maybe it should be "First Overstrike," which wouldn't quite roll off the tongue the same way. And which also means nothing, since every single coin they are selling has it.
Think what you want, but it's nothing but marketing hype that only confers value because you think it does. ANACS slabs coins for individuals at $16 each. Less with coin show specials. In the quantity Mike submits, he is paying next to nothing for each of those slabs.
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65% MS70 results are not limited to what I over-strike. That is perhaps the percentage of MS70 grades they get from a batch of normal bullion Silver Eagles.
I have noticed that the 2026 Silver Eagles have more planchet issues than prior years. These defects are typically black slag pockets and loose silver particles rolled into the planchet strip. It has been problematic enough that I have had to spend more time in pre-screening coins before they are over-struck. Many coins literally need to have gunk scraped off (or dug out) of them. Doing that, followed by the normal wire-brushing, usually works to get a "clean" problem-free over-strike.
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Be that as it may, it is literally precisely what he said on TV Thursday night/early Friday morning. I get that he is typically fast and loose with facts, and that you cannot come here and publicly contradict him, which is why I did not ask you to.
I was just pointing out how what he says makes no economic sense, and is just part of the pitch to make the 70s sound like something special and valuable when they are not. And how destroying anything other than a nominal amount of product he commissioned you to make, to spend money to turn back into bullion, would never happen in the real world.
To your point regarding planchets, plenty of large dealers send large quantities of coins to the grading services with instructions to not slab anything that is not a 70. That is not uncommon.
What would be uncommon would be to melt the coins, as Mike claims he does with your stuff, after paying you to make it, as though a 69 coin he already paid to have you overstrike is worth less bullion after subtracting the cost of turning it back into bullion. Not to mention, if he actually did this, it still would not make the 70s special, since all surviving coins would still be 70s, but it WOULD increase the cost of making them, since the waste of having you overstrike a coin, and then melt it back into bullion, would have to be accounted for in the price of the surviving 70s.
So, with all due respect, it's just stupid, and we both know it doesn't actually happen. What happens, especially in light of your careful prescreening of the planchets, and then your precise manufacturing process, is that the vast majority of what you produce is a 70, ANACS is likely somewhat more permissive in grading what he sends as a 70 than it would be for me or anyone else, and then, if anything is actually left, it is just not slabbed or offered for sale. As opposed to what he is selling on TV being the surviving 65% after a vigorous screening process, not by you, but by ANACS, with all but the very best being melted down in order to preserve the value of the survivors.
I do greatly appreciate you coming here and adding detail and context to what you are doing with this project. I love you and your stuff, and don't think you need to feel the need to justify the over hyped way in which a TV huckster is moving large quantities. For the record, given the opportunity, I would have jumped on this as a producer as well, so no shade at all on you. It's a great opportunity to get your name into the TV mainstream, and maybe create some new customers for your more traditional stuff. Of course, it also runs the risk of turning off the layperson when they realize they did not really pay "wholesale," as Mike claims, repeatedly, when they bought a bullion ASE Dan Carr overstrike for $230.
I'm just pointing out that this is not the typical Dan Carr stuff we here have come to know and love. It is being sold in a way you do not sell your stuff directly (just look at the HSN website, and tell me you would have the same descriptions ("2026 Denver Mint"), and lack of disclaimers, on your own website), with multiple layers of additional costs that are ultimately borne by the end consumer, and with a mintage that is a massive multiple to what is typical, inevitably negatively impacting future value.
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You are making an awful lot of conjecture without really knowing the details of the production.
The earlier production did have a relatively high percentage of grading rejects. Some were melted and others went through the whole over-strike process again. With careful pre-screening of the candidate host coins, we have recently been able to reduce the reject rate by quite a bit.
If you want mintage comparisons, I can also do that.
Compare the mintages of the CSN/HSN/QVC privy-mark Silver Eagles to those of the US Mint.
I'm really very truly thrilled that you are excited about your HSN purchases. No shade. Just please never poop on anything anyone on TV is ever selling, at any price. Because if it is offered and sold, that will represent the market speaking. An uneducated market, but a market nonetheless.
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Well, I personally reserve the right to complain about anything I want to, and at the same time, not complain about the same or other things. And for no particular reason either way
70 by ANACS means nothing when everyone gets a trophy. Every. Single. One. Is an ANACS "First Strike" 70.
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Sure, if ANACS gave 70 to every coin it would mean nothing, but that's not happening. The rejects that don't get 70, go back to Dan to get done again or discarded. I see some value in ensuring the coin purchased is perfect, even if all of them are perfect 70s.
Imagine if the US Mint looked at coins before mailing them to us to make sure they were spot and mark free... I would see value in that even if that means everyone is a winner.
Or so they say. I don't believe it.
Dan generally does high quality work. Much higher quality than the Mint, due to the much lower volumes. Even with NGC and PCGS, the difference between a 69 and a 70 is often nothing, with "experts" disagreeing on grades going both ways.
I heard Magic Mike say last night that only around 65% of what they submit comes back 70. Dan would know, and Mike demonstrably embellishes, exaggerates, or flat out lies in every presentation. Most people who know anything at all about this stuff know this.
I doubt Dan is really producing 3 coins for every 2 they are selling on TV. And that they are really destroying 35% of what they are paying Dan to produce, rather than selling them as 69s at a reduced price. Because a Dan Carr MS69 First Strike overstrike in a slab is worth less than can be realized by paying to send them to the smelter and turning them into silver bars?
If this is really a thing, why don't they do that with ALL the bullion they buy and have graded? So, with all due respect, I'm calling BS. It's just pablum for the HSN audience. And, apparently you. To make you believe what you are buying is the best of the best, and well worth the ginormous premium you are being asked to pay.
I'd be willing to bet significant money that a teeny tiny fraction of what is submitted, if anything, does not make it into an ANACS MS70 slab. Nowhere near 35%.
Same way they are all "First Strike" although that is supposedly exclusively a PCGS thing, and a thing ANACS does not make available to anyone else. And a thing that cannot possibly apply to the host coin.
Since Dan is really overstriking, not striking, maybe it should be "First Overstrike," which wouldn't quite roll off the tongue the same way. And which also means nothing, since every single coin they are selling has it.
Think what you want, but it's nothing but marketing hype that only confers value because you think it does. ANACS slabs coins for individuals at $16 each. Less with coin show specials. In the quantity Mike submits, he is paying next to nothing for each of those slabs.
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65% MS70 results are not limited to what I over-strike. That is perhaps the percentage of MS70 grades they get from a batch of normal bullion Silver Eagles.
I have noticed that the 2026 Silver Eagles have more planchet issues than prior years. These defects are typically black slag pockets and loose silver particles rolled into the planchet strip. It has been problematic enough that I have had to spend more time in pre-screening coins before they are over-struck. Many coins literally need to have gunk scraped off (or dug out) of them. Doing that, followed by the normal wire-brushing, usually works to get a "clean" problem-free over-strike.
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Be that as it may, it is literally precisely what he said on TV Thursday night/early Friday morning. I get that he is typically fast and loose with facts, and that you cannot come here and publicly contradict him, which is why I did not ask you to.
I was just pointing out how what he says makes no economic sense, and is just part of the pitch to make the 70s sound like something special and valuable when they are not. And how destroying anything other than a nominal amount of product he commissioned you to make, to spend money to turn back into bullion, would never happen in the real world.
To your point regarding planchets, plenty of large dealers send large quantities of coins to the grading services with instructions to not slab anything that is not a 70. That is not uncommon.
What would be uncommon would be to melt the coins, as Mike claims he does with your stuff, after paying you to make it, as though a 69 coin he already paid to have you overstrike is worth less bullion after subtracting the cost of turning it back into bullion. Not to mention, if he actually did this, it still would not make the 70s special, since all surviving coins would still be 70s, but it WOULD increase the cost of making them, since the waste of having you overstrike a coin, and then melt it back into bullion, would have to be accounted for in the price of the surviving 70s.
So, with all due respect, it's just stupid, and we both know it doesn't actually happen. What happens, especially in light of your careful prescreening of the planchets, and then your precise manufacturing process, is that the vast majority of what you produce is a 70, ANACS is likely somewhat more permissive in grading what he sends as a 70 than it would be for me or anyone else, and then, if anything is actually left, it is just not slabbed or offered for sale. As opposed to what he is selling on TV being the surviving 65% after a vigorous screening process, not by you, but by ANACS, with all but the very best being melted down in order to preserve the value of the survivors.
I do greatly appreciate you coming here and adding detail and context to what you are doing with this project. I love you and your stuff, and don't think you need to feel the need to justify the over hyped way in which a TV huckster is moving large quantities. For the record, given the opportunity, I would have jumped on this as a producer as well, so no shade at all on you. It's a great opportunity to get your name into the TV mainstream, and maybe create some new customers for your more traditional stuff. Of course, it also runs the risk of turning off the layperson when they realize they did not really pay "wholesale," as Mike claims, repeatedly, when they bought a bullion ASE Dan Carr overstrike for $230.
I'm just pointing out that this is not the typical Dan Carr stuff we here have come to know and love. It is being sold in a way you do not sell your stuff directly (just look at the HSN website, and tell me you would have the same descriptions ("2026 Denver Mint"), and lack of disclaimers, on your own website), with multiple layers of additional costs that are ultimately borne by the end consumer, and with a mintage that is a massive multiple to what is typical, inevitably negatively impacting future value.
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You are making an awful lot of conjecture without really knowing the details of the production.
The earlier production did have a relatively high percentage of grading rejects. Some were melted and others went through the whole over-strike process again. With careful pre-screening of the candidate host coins, we have recently been able to reduce the reject rate by quite a bit.
If you want mintage comparisons, I can also do that.
Compare the mintages of the CSN/HSN/QVC privy-mark Silver Eagles to those of the US Mint.
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Again, thank you very much for adding detail. You honestly don't have to. But, for the record, rejects during production are not the same thing as Mike melting down anything that does not come back from ANACS as a "First Strike MS70." Those are coins that never would have made it to your website regardless, and does not make the slabbed coins he is selling on TV special.
With respect to mintages, agree to disagree. As I said before, I love you and your stuff, but comparisons between an individual creating niche product for a niche market to the United States Mint are invalid. The market for your stuff is nothing as compared to the market for Mint product.
Nothing. Which is why an actual ASE with a mintage of 30K sells for thousands of dollars while a Dan Carr overstrike with a mintage of dozens or hundreds sells for hundreds dollars.
No need to justify your deal with them. A great opportunity for you. But, as you surely know, the value of a mass market anything is usually a small fraction of small batch niche product. Certainly when talking about collectibles. There is no reason to think this will be an exception.
You've gone mass market and mainstream by doing this. Kind of like Martha Stewart partnering with K-Mart. Great for Martha, but the value of what she sold through K-Mart never matched the value of the high end stuff she sold through other channels.
I realize the comparison is a little strained because the K-Mart quality did not match other items, while a Dan Carr overstrike has the same quality regardless. But here value will be directly tied to mintage, since, at the end of the day, the host coin is an $80 ASE. 5K overstrikes will by definition be worth considerably less than something with a mintage of 125, and yet they are being sold on TV for considerably more than any ASE overstrike you ever sold directly. More expensive, with significantly higher volumes.
Simply does not sound like a great deal for the buyer, regardless of how good a deal it is for you, Mike and HSN. Again, great for you. You have a vehicle to easily sell tens of thousands of items. And great for anyone who wants to buy, exclusively from HSN.
I'm just pointing out the value is exactly the same as anything else bought from HSN. I'm not wrong. Also by definition.
HSN is not suddenly devoting significant airtime to low margin product in honor of the semisesquicentennial. They have detailed metrics for everything they do. If they could make more money selling jewelry, TracFones or vacuum cleaners with that time, you and Mike would never make it to the air.
I'm really very truly thrilled that you are excited about your HSN purchases. No shade. Just please never poop on anything anyone on TV is ever selling, at any price. Because if it is offered and sold, that will represent the market speaking. An uneducated market, but a market nonetheless.
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Well, I personally reserve the right to complain about anything I want to, and at the same time, not complain about the same or other things. And for no particular reason either way
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Absolutely!!!! The comment was not directed to you. This is a home run for you, and I'm thrilled that you were given the opportunity.
I was talking to all the Dan Carr fanboys who habitually complain about how coins sold on TV are poison that ruins the market by "ripping off" the uninformed. Except now, with this, because they collect your stuff. I always understood the pricing is high, not because anyone was necessarily being "ripped off," but because TV is a very expensive sales channel. That has not changed just because you entered the picture.
The forum as a whole disagreed with me in the past, and has now turned a blind eye to the fact that it's the exact same sales channel, with the exact same margins, whether it's a slabbed 2026 bullion ASE being offered for $150, or a slabbed 1776-2026 Dan Carr overstrike being offered for $230.
Now $250, because silver has apparently gone up by $20 per ounce between Friday and Saturday. Or because they always get whatever they can on TV. Maybe because, based on sales of the first two overstirkes, they aren't doing the volume they hoped to do, as impressive as it is, so they want to squeeze an additional 10% out of each one.
I obviously don't know. Do you have any idea why they are jacking up the price from coin to coin, when the program was clearly planned and contracted for months ago?
The forum as a whole disagreed with me in the past, and has now turned a blind eye to the fact that it's the exact same sales channel, with the exact same margins, whether it's a slabbed 2026 bullion ASE being offered for $150, or a slabbed 1776-2026 Dan Carr overstrike being offered for $230.
The key difference here is that the DC overstrikes are exclusive to this outlet. Their price is the price. You can pay it or not. You can wait to see what it does on the secondary market, but if you want one when it is "issued", you'll pay that price.
The forum as a whole disagreed with me in the past, and has now turned a blind eye to the fact that it's the exact same sales channel, with the exact same margins, whether it's a slabbed 2026 bullion ASE being offered for $150, or a slabbed 1776-2026 Dan Carr overstrike being offered for $230.
The key difference here is that the DC overstrikes are exclusive to this outlet. Their price is the price. You can pay it or not. You can wait to see what it does on the secondary market, but if you want one when it is "issued", you'll pay that price.
Totally understood. That's what's driving sales today. Mike is one of the best salesmen on earth. He personally created the market for bullion coins, made in the millions and tens of millions, being sold for huge premiums in slabs.
He can set any price he wants and sell thousands of anything. My point is that, as with most other things bought on TV, these will eventually hit the secondary market in quantity.
Dan's product has always been highly regarded and highly valued. For among other reasons, because thousands of each are not made. People aren't seeing it yet, but this is turning Dan Carr overstrikes into HSN chotskies produced in the thousands. I don't think it should impact the value of the other things he makes, but it also isn't going to be valued the same way. To me, this is like any other high quality limited edition product being mass produced and going mainstream.
Once upon a time, the Franklin Mint, ironically located not far from the HSN studios in suburban Philadelphia, also mass produced numismatic items only available from them, at prices they set, that people who wanted it "paid the price" to buy it. In hindsight, how did that stuff do, although the Franklin Mint did very well selling it back in the day?
@NJCoin said:
I'm really very truly thrilled that you are excited about your HSN purchases. No shade. Just please never poop on anything anyone on TV is ever selling, at any price. Because if it is offered and sold, that will represent the market speaking. An uneducated market, but a market nonetheless.
So would you tell all of us what the fair price is for these overstrikes being sold on HSN, if the price of about $225 with free shipping for a graded 70 is so overpriced? From your posts you seem to think they should be sold at melt value. Anything over is rediculous high.
Keep in mind all of the expenses they have to make these, grade these, and sell them for a profit.
Daniel sells the same for $180 ungraded, and HSN sold them graded with free shipping for $225.
You can't possible go under $180, or even $200. So is it $210? Is $210 so far off from $225 that it deserves a novel about being overpriced?
PS I have personally paid more than $225 for some of the pieces in my collection, and many others here have as well.
@NJCoin said:
I'm really very truly thrilled that you are excited about your HSN purchases. No shade. Just please never poop on anything anyone on TV is ever selling, at any price. Because if it is offered and sold, that will represent the market speaking. An uneducated market, but a market nonetheless.
So would you tell all of us what the fair price is for these overstrikes being sold on HSN, if the price of about $225 with free shipping for a graded 70 is so overpriced? From your posts you seem to think they should be sold at melt value. Anything over is rediculous high.
Keep in mind all of the expenses they have to make these, grade these, and sell them for a profit.
Daniel sells the same for $180 ungraded, and HSN sold them graded with free shipping for $225.
You can't possible go under $180, or even $200. So is it $210? Is $210 so far off from $225 that it deserves a novel about being overpriced?
PS I have personally paid more than $225 for some of the pieces in my collection, and many others here have as well.
With all due respect, there is no "fair price." That's my whole point.
In general, people know exactly what HSN is. Except with this.
I've always maintained that TV is fine for what it is. A very expensive vehicle selling to the uninformed public at high prices. People who don't know better, and who would never otherwise be in the market. And a very entertaining series of presentations that I use to put myself to sleep late at night.
I didn't think the sellers were overcharging, because the sales channel took a lot of money to operate. Production costs. TV time. Paying the on air talent. Paying the vendor. Paying the sales company. Etc.
People here argued with me. Not understanding the selling costs involved, and arguing that TV was nothing but a rip-off, taking advantage of people who didn't know any better, and who would be turned off from coin collecting for life once they learned.
So, yeah, people would be buried in the product. As far as I was concerned, their money, their choice. People here supposedly know better.
Except with these, because they are Dan Carr fanboys.
There is no "fair price" because the sales channel did not suddenly become less expensive to operate. When we buy direct from Dan, only he has to get paid. From HSN, HSN has to be paid, the TV channels carrying the signal need to be paid, Mike needs to be paid, Mike's co-hosts need to be paid, the company Mike works for needs to be paid, Dan needs to be paid, ANACS needs to be paid, etc.
On top of this, production quantities need to be massive, as compared to typical Dan Carr product, to make it worth Mike's and HSN's while. So there is no "fair price." It is expensive as compared to buying direct, and made in quantities that aren't just large, but are huge as compared to a typical Dan Carr issue. Guaranteeing diminished future value.
The price is "fair" for what it is. Which is overpriced numismatic product being sold via TV. Same as buying from Rick Tomaska, CSN, Choppers Coin and Collectible, The Coin Vault, Collectible Coins with Steve & Allison, etc.
You either buy it, and understand it is no different from buying anything else from TV in terms of value, or you don't. What you don't do is come here arguing that this is an exception to the general rule regarding buying and selling coins on TV, because Dan Carr. Because THESE overstrikes are not available anywhere else, so Mike is offering a rare opportunity to buy from TV at wholesale, as opposed to the usual retail plus. And because the value is whatever Mike says it is. $230 yesterday, $250 today, and $300 next month.
@NJCoin said:
With all due respect, there is no "fair price." That's my whole point.
No, that was not your whole point. Your whole point has been these are dramatically overpriced and how dare anyone claim otherwise. So when asked what the fair price is, you can't come up with one.
This is not about what is a fair price as to future appreciation potential. This is what is a fair price for them to put them up for sale. And you have failed to make the case for your dramatically overpriced claim. If Daniel sells them for $180 (plus 15 shipping which makes it $195), and they sell them for $225 with free shipping as a graded 70, your whole premise falls flat. You can write ten novels about it but that won't change anything.
@NJCoin said:
With all due respect, there is no "fair price." That's my whole point.
No, that was not your whole point. Your whole point has been these are dramatically overpriced and how dare anyone claim otherwise. So when asked what the fair price is, you can't come up with one.
This is not about what is a fair price as to future appreciation potential. This is what is a fair price for them to put them up for sale. And you have failed to make the case for your dramatically overpriced claim. If Daniel sells them for $180 (plus 15 shipping which makes it $195), and they sell them for $225 with free shipping as a graded 70, your whole premise falls flat. You can write ten novels about it but that won't change anything.
Please don't tell me what my point was. My point was the hypocrisy of everyone gushing over this while historically pooping over anything else ever being offered by anyone on TV. Due to price.
The margins on these are the same as on anything else sold on TV. You can justify whatever you want, but my premise stands. What Dan sells directly for $180 has far higher value because it is made in far lower quantities. These are not any higher quality than anything else Dan makes, so the ANACS 70 First Strike slab confers no additional value, as you will learn in the future. In fact, ANCAS 70 means so much to the market than the $12K Advance Release EU70s AGEs in an ANACS slab cost $1,000 more, from Mike, in a NGC slab.
These are being produced in quantities 10x, 20x, 30x or more than typical Dan Carr overstrikes, at prices roughly 50% higher than typical. Because that is what is required to make selling on TV viable. Not because it is delivering value to the end user.
Doesn't mean thousands of people don't think otherwise. Including you. Mike is VERY good at what he does. Just keep in mind that you are joining the ranks of happy HSN customers, so just try to refrain from pooping on them, or on Mike, going forward.
Dan Carr stuff was offered on TV by the Chopper not too long ago. Misrepresented as rare Mint patterns, but still. At far lower prices, because silver was lower and because the Chopper is not HSN.
No one here was pining for them. Because they too were overpriced for what they were. Made in quantities far higher than typical for Dan, in order to make selling them on TV make sense for the seller, at far higher prices than similar product sold directly by Dan with far lower mintages. Or maybe because the Chopper was not promoting them as Dan Carr overstrikes. Yet another testament to the selling ability of Magic Mike.
@NJCoin said:
These are being produced in quantities 10x, 20x, 30x or more than typical Dan Carr overstrikes, at prices roughly 50% higher than typical. Because that is what is required to make selling on TV viable. Not because it is delivering value to the end user.
Have you bothered to look up what is typical, or did you just make that one up as well?
Typical is $180 plus $15 shipping.
HSN was $225 plus free shipping.
No way can anyone make $225 minus $195 equal to a 50% higher price.
50% higher would be 90+180 +15 shipping, or $280. That is 50% higher of typical on the base price.
Instead, HSN is a whopping 15% higher including shipping, not 50%. And that includes the coin being graded a 70 along with it. For 15% more. Not 50%.
@NJCoin said:
These are being produced in quantities 10x, 20x, 30x or more than typical Dan Carr overstrikes, at prices roughly 50% higher than typical. Because that is what is required to make selling on TV viable. Not because it is delivering value to the end user.
Have you bothered to look up what is typical, or did you just make that one up as well?
Typical is $180 plus $15 shipping.
HSN was $225 plus free shipping.
No way can anyone make $225 minus $195 equal to a 50% higher price.
50% higher would be 90+180 +15 shipping, or $280. That is 50% higher of typical on the base price.
Instead, HSN is a whopping 15% higher including shipping, not 50%. And that includes the coin being graded a 70 along with it. For 15% more. Not 50%.
So you are off by 233% on your claim.
Yes. For $15 I could have Dan send me 100 coins, so I'm not adding $15 to his price. HSN is now $250 plus $7.50 shipping. It was $230 plus free shipping, or $225 plus $5 shipping. It's close enough to 50% for me, since it's still 200% above the cost of the host coin. Especially since $180 is an all time high for Dan, and more "typical" was the very low $100s before the recent run up in silver. Moreover, you are comparing items with mintages in the dozens and hundreds with items with mintages in the thousands. It's not a conversation worth having.
Believe what you want, but the ANACS First Strike 70 slab costs Mike next to nothing, and adds exactly $0.00 to the value, other than to the extent Mike convinces you otherwise.
I'm really thrilled that you are happy with your purchases. Joining thousands of others who are thrilled with everything they buy on TV. I'm sure Mike is also thrilled that he found something that speaks to you. Enjoy.
70 by ANACS means nothing when everyone gets a trophy. Every. Single. One. Is an ANACS "First Strike" 70.
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Sure, if ANACS gave 70 to every coin it would mean nothing, but that's not happening. The rejects that don't get 70, go back to Dan to get done again or discarded. I see some value in ensuring the coin purchased is perfect, even if all of them are perfect 70s.
Imagine if the US Mint looked at coins before mailing them to us to make sure they were spot and mark free... I would see value in that even if that means everyone is a winner.
Or so they say. I don't believe it.
Dan generally does high quality work. Much higher quality than the Mint, due to the much lower volumes. Even with NGC and PCGS, the difference between a 69 and a 70 is often nothing, with "experts" disagreeing on grades going both ways.
I heard Magic Mike say last night that only around 65% of what they submit comes back 70. Dan would know, and Mike demonstrably embellishes, exaggerates, or flat out lies in every presentation. Most people who know anything at all about this stuff know this.
I doubt Dan is really producing 3 coins for every 2 they are selling on TV. And that they are really destroying 35% of what they are paying Dan to produce, rather than selling them as 69s at a reduced price. Because a Dan Carr MS69 First Strike overstrike in a slab is worth less than can be realized by paying to send them to the smelter and turning them into silver bars?
If this is really a thing, why don't they do that with ALL the bullion they buy and have graded? So, with all due respect, I'm calling BS. It's just pablum for the HSN audience. And, apparently you. To make you believe what you are buying is the best of the best, and well worth the ginormous premium you are being asked to pay.
I'd be willing to bet significant money that a teeny tiny fraction of what is submitted, if anything, does not make it into an ANACS MS70 slab. Nowhere near 35%.
Same way they are all "First Strike" although that is supposedly exclusively a PCGS thing, and a thing ANACS does not make available to anyone else. And a thing that cannot possibly apply to the host coin.
Since Dan is really overstriking, not striking, maybe it should be "First Overstrike," which wouldn't quite roll off the tongue the same way. And which also means nothing, since every single coin they are selling has it.
Think what you want, but it's nothing but marketing hype that only confers value because you think it does. ANACS slabs coins for individuals at $16 each. Less with coin show specials. In the quantity Mike submits, he is paying next to nothing for each of those slabs.
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65% MS70 results are not limited to what I over-strike. That is perhaps the percentage of MS70 grades they get from a batch of normal bullion Silver Eagles.
I have noticed that the 2026 Silver Eagles have more planchet issues than prior years. These defects are typically black slag pockets and loose silver particles rolled into the planchet strip. It has been problematic enough that I have had to spend more time in pre-screening coins before they are over-struck. Many coins literally need to have gunk scraped off (or dug out) of them. Doing that, followed by the normal wire-brushing, usually works to get a "clean" problem-free over-strike.
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Be that as it may, it is literally precisely what he said on TV Thursday night/early Friday morning. I get that he is typically fast and loose with facts, and that you cannot come here and publicly contradict him, which is why I did not ask you to.
I was just pointing out how what he says makes no economic sense, and is just part of the pitch to make the 70s sound like something special and valuable when they are not. And how destroying anything other than a nominal amount of product he commissioned you to make, to spend money to turn back into bullion, would never happen in the real world.
To your point regarding planchets, plenty of large dealers send large quantities of coins to the grading services with instructions to not slab anything that is not a 70. That is not uncommon.
What would be uncommon would be to melt the coins, as Mike claims he does with your stuff, after paying you to make it, as though a 69 coin he already paid to have you overstrike is worth less bullion after subtracting the cost of turning it back into bullion. Not to mention, if he actually did this, it still would not make the 70s special, since all surviving coins would still be 70s, but it WOULD increase the cost of making them, since the waste of having you overstrike a coin, and then melt it back into bullion, would have to be accounted for in the price of the surviving 70s.
So, with all due respect, it's just stupid, and we both know it doesn't actually happen. What happens, especially in light of your careful prescreening of the planchets, and then your precise manufacturing process, is that the vast majority of what you produce is a 70, ANACS is likely somewhat more permissive in grading what he sends as a 70 than it would be for me or anyone else, and then, if anything is actually left, it is just not slabbed or offered for sale. As opposed to what he is selling on TV being the surviving 65% after a vigorous screening process, not by you, but by ANACS, with all but the very best being melted down in order to preserve the value of the survivors.
I do greatly appreciate you coming here and adding detail and context to what you are doing with this project. I love you and your stuff, and don't think you need to feel the need to justify the over hyped way in which a TV huckster is moving large quantities. For the record, given the opportunity, I would have jumped on this as a producer as well, so no shade at all on you. It's a great opportunity to get your name into the TV mainstream, and maybe create some new customers for your more traditional stuff. Of course, it also runs the risk of turning off the layperson when they realize they did not really pay "wholesale," as Mike claims, repeatedly, when they bought a bullion ASE Dan Carr overstrike for $230.
I'm just pointing out that this is not the typical Dan Carr stuff we here have come to know and love. It is being sold in a way you do not sell your stuff directly (just look at the HSN website, and tell me you would have the same descriptions ("2026 Denver Mint"), and lack of disclaimers, on your own website), with multiple layers of additional costs that are ultimately borne by the end consumer, and with a mintage that is a massive multiple to what is typical, inevitably negatively impacting future value.
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You are making an awful lot of conjecture without really knowing the details of the production.
The earlier production did have a relatively high percentage of grading rejects. Some were melted and others went through the whole over-strike process again. With careful pre-screening of the candidate host coins, we have recently been able to reduce the reject rate by quite a bit.
If you want mintage comparisons, I can also do that.
Compare the mintages of the CSN/HSN/QVC privy-mark Silver Eagles to those of the US Mint.
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Again, thank you very much for adding detail. You honestly don't have to. But, for the record, rejects during production are not the same thing as Mike melting down anything that does not come back from ANACS as a "First Strike MS70." Those are coins that never would have made it to your website regardless, and does not make the slabbed coins he is selling on TV special.
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It is the same thing.
It is still the case that if a particular coin ("token") can not be made into a 70, it is literally melted.
The difference is that, more recently, a particular coin might go through the process multiple times.
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With respect to mintages, agree to disagree. As I said before, I love you and your stuff, but comparisons between an individual creating niche product for a niche market to the United States Mint are invalid. The market for your stuff is nothing as compared to the market for Mint product.
Nothing. Which is why an actual ASE with a mintage of 30K sells for thousands of dollars while a Dan Carr overstrike with a mintage of dozens or hundreds sells for hundreds dollars.
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Markets change. Mintage comparisons are always valid. You wrote it: going "mainstream" with "Carr" products. That can make the niche larger.
It's close enough to 50% for me, since it's still 200% above the cost of the host coin.
The real numbers don't mean anything, as you think it is 50% just because that is what you want to believe it is. Thank you for clarifying your math on this.
It's close enough to 50% for me, since it's still 200% above the cost of the host coin.
The real numbers don't mean anything, as you think it is 50% just because that is what you want to believe it is. Thank you for clarifying your math on this.
My pleasure!!
As @dcarr said above, if this causes the market to explode, it's all good in the end. In the meantime, you are paying a lot more for things with mintages far higher than the market has historically supported.
Right now, Dan is getting paid, and deservedly so. The fact that so many other people need to get paid in order to put these in your hands means you are starting far behind the 8 Ball in ever seeing value in these, regardless of the so-called dealers buying in bulk from Mike at full retail, and the odd sale on eBay.
If you think these are so great, do what lots of others do with hot new issues, and back up the truck, since these are limited editions, and will never be available anywhere else for less.
3 Declaration of Independence remain in my HSN cart 5-24-26, 308 pm.
When launch price on May 22 was live I had 3 separate $5.50 shipping fees = $16.50.
Ultimately, I did not order any of these HSN Mikes for a few reasons INCLUDING NO SALES TO COLORADO
I guess I watched and rewatched 14 presentations which took maybe 3&1/2 hours.
Had Daniel sold these direct I would have bought them all raw like I always do last decade & a half, and I happily accept the responsibility to properly represent the fantasy nature of these items if I resell them.
HSN Cart prices adjusted up to $ 299 a pop at like 2am on 23rd.
Here's my HSN invoice with some priced suggestions I could include too:
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
936-457
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
$299.99
S&H: $5.50
Payments as low as $49.99 with Flexpay ?This is a gift
1 payment of $299.99
PAYMENT OPTIONS
1
QTY
2 of 3
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
936-457
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
$299.99
S&H: $5.50
Payments as low as $49.99 with Flexpay ?This is a gift
1 payment of $299.99
PAYMENT OPTIONS
1
QTY
3 of 3
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
936-457
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
$299.99
S&H: $5.50
Payments as low as $49.99 with Flexpay ?This is a gift
1 payment of $299.99
PAYMENT OPTIONS
1
QTY
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Comments
I can't get through all of the HSN drama here. Suffice to say that if Carr is respectfully attributed to the merchandise there, it will broaden the collector base of his products, which is good for Daniel and for most of us. Legacy products have fixed supply and increasing demand tends to increase secondary market valuations.
70 by ANACS means nothing when everyone gets a trophy. Every. Single. One. Is an ANACS "First Strike" 70.
HSN and CSN are the same for these. Same coins. Same seller. Apples to apples.
I can't tell you why some dummy pays $290 on eBay for something that is available for significantly less money directly from the source. The same way I can't explain why thousands of people will pay over $200 each for an entire series of them.
But they surely will. The question is who is going to buy from them when it is time to sell? And at what price? I think a lot closer to bullion than is the case when the mintage is in the dozens or hundreds rather than thousands.
The gold coins are just as overpriced as these. They will sell a few dozen at double what they are worth, resulting in thousands of dollars of profit per unit. And they will sell thousands of Dan's overstrikes at double what they are worth, resulting in dozens of dollars of profit per unit. Six or half a dozen, it's all the same to Mike.
I bought several Carrs on eBay at the beginning because that's where I discovered them and it was the only place I knew where to find them. It was some time later when I discovered his own website and I could buy directly from him there. Maybe these "dummies" don't know about the shopping channels, do all their shopping on eBay etc., live in a state the shopping channels won't deliver to, would rather deal with individuals they know/trust, had never seen these products before, or prefer seeing pictures of the actual item they'd end up receiving.
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Sure, if ANACS gave 70 to every coin it would mean nothing, but that's not happening. The rejects that don't get 70, go back to Dan to get done again or discarded. I see some value in ensuring the coin purchased is perfect, even if all of them are perfect 70s.
Imagine if the US Mint looked at coins before mailing them to us to make sure they were spot and mark free... I would see value in that even if that means everyone is a winner.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 700
Or so they say. I don't believe it.
Dan generally does high quality work. Much higher quality than the Mint, due to the much lower volumes. Even with NGC and PCGS, the difference between a 69 and a 70 is often nothing, with "experts" disagreeing on grades going both ways.
I heard Magic Mike say last night that only around 65% of what they submit comes back 70. Dan would know, and Mike demonstrably embellishes, exaggerates, or flat out lies in every presentation. Most people who know anything at all about this stuff know this.
I doubt Dan is really producing 3 coins for every 2 they are selling on TV. And that they are really destroying 35% of what they are paying Dan to produce, rather than selling them as 69s at a reduced price. Because a Dan Carr MS69 First Strike overstrike in a slab is worth less than can be realized by paying to send them to the smelter and turning them into silver bars?
If this is really a thing, why don't they do that with ALL the bullion they buy and have graded? So, with all due respect, I'm calling BS. It's just pablum for the HSN audience. And, apparently you. To make you believe what you are buying is the best of the best, and well worth the ginormous premium you are being asked to pay.
I'd be willing to bet significant money that a teeny tiny fraction of what is submitted, if anything, does not make it into an ANACS MS70 slab. Nowhere near 35%.
Same way they are all "First Strike" although that is supposedly exclusively a PCGS thing, and a thing ANACS does not make available to anyone else. And a thing that cannot possibly apply to the host coin.
Since Dan is really overstriking, not striking, maybe it should be "First Overstrike," which wouldn't quite roll off the tongue the same way. And which also means nothing, since every single coin they are selling has it.
Think what you want, but it's nothing but marketing hype that only confers value because you think it does. ANACS slabs coins for individuals at $16 each. Less with coin show specials. In the quantity Mike submits, he is paying next to nothing for each of those slabs.
They have now sold over 3,800 coins, all in one day, with almost two hours left.
Yes. What's your point?
That HSN and Mike Mezack are a very successful marketing machine? Granted. It's why this is a home run for Dan.
How many slabbed bullion coins do they sell every New Years Eve, at huge markups? It's what they do. Why do you think they take airtime away from computers, jewelry, vacuums, fans, etc. to give it to Mike, several times a month?
When it involves anything other than a Dan Carr overstrike, this forum recognizes it for what it is. But there seems to be a blind spot with these.
I sincerely hope everyone, both here and in the general public, enjoys their purchase. No shade. But let's not pretend it's anything other than what it is.
You seem to be such a big fan I wanted you to know.
Not many could sell that much in one day at way overpriced as you claim.
Not true. Mike is GREAT at what he does, which is why he is still doing it after all these years, while many others have come and gone.
HSN moves a ton of overpriced product every day, in a wide variety of categories. That's how and why they have a business.
And don't get me wrong. Again, no shade. The product HAS to be overpriced, by definition, because home shopping is a very expensive sales channel. But watching Mike claim his price is the "wholesale price" is laughable. Do you laugh while buying an ounce of silver for $230, wholesale?
Because I sure do, while watching him dribble out a set of 4 of these, getting people to eagerly pay around $1,000 for a strictly limited edition set of literally thousands of aftermarket overstrikes of silver bullion coins. As I type this, I am watching Mike and his co-host gush over the amazing deal he is offering of 1/1000 ounce of gold for only $50.
This is guy is following up your bargain overstrike by selling gold for $50,000 an ounce. Hundreds or thousands of people will also buy that. Should I be impressed by their intelligence, or by his ability to sell ice to Eskimos, gold at over 10x its value, and Dan Carr overstrikes to you?
Or should I think it isn't overpriced, because the American public would never buy it if it was? Now he's selling $10 worth of dimes for $43.50. Also a great deal? Because he says dealers are buying from him in quantity at his price, rather than going to a bank?
Again, before Dan Carr, there was no debate here regarding the value Mike Mezack offered. For some strange reason, you and others here seem to believe Dan Carr is the single exception to the general Mike Mezack rule.
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I disagree especially on that last sentence.
I have not followed many of their offerings over the years.
But I do remember one show where they were selling silver bullion bars for a pretty good price.
1/1000 oz fabricated fractional gold will always be a less economical form of gold to purchase, regardless of the seller and venue.
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65% MS70 results are not limited to what I over-strike. That is perhaps the percentage of MS70 grades they get from a batch of normal bullion Silver Eagles.
I have noticed that the 2026 Silver Eagles have more planchet issues than prior years. These defects are typically black slag pockets and loose silver particles rolled into the planchet strip. It has been problematic enough that I have had to spend more time in pre-screening coins before they are over-struck. Many coins literally need to have gunk scraped off (or dug out) of them. Doing that, followed by the normal wire-brushing, usually works to get a "clean" problem-free over-strike.
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May 23rd Constitution ASE $ price now $299:
https://www.hsn.com/products/26-ms70-anacs-silver-eagle-daniel-carr-constitution-pri/23906841#
&
1776~2026 ASE $ Uncirculated from USMINT July 21st Noon release $169:
https://www.usmint.gov/american-eagle-silver-one-ounce-uncirculated-coin-subscription-MT.html
Current HSN item text for May 22 one day only sale.
"2026 MS70 ANACS Silver Eagle with Daniel Carr Constitution Privy Overstrike
Celebrate 250 years of American history with this stunning 2026 Denver Mint Silver Eagle featuring a specialty overstrike issue produced on a Denver Mint Silver Eagle coin and enhanced with commemorative Constitution-themed artwork and the dual date "1776 ~ 2026" in celebration of America's 250th anniversary. This collectible coin combines the beauty of .999 fine silver with an ANACS Mint State 70 certification, making it a must-have for patriotic collectors. It is encapsulated and arrives safely tucked inside a sleek black velvet pouch, perfect for display or gifting. Get yours today.
What You Get
2026 MS70 ANACS D-Mint Silver Eagle with Daniel Carr Constitution Dual-Date Overstrike
Black Velvet Coin Pouch
All coin items considered for return must be in their original condition as sold. Seals and cases contribute to the value of the coin and currency collectibles and must remain intact and unbroken. This applies but is not limited to: grading cases, Mint and Proof cases and packages, bag seals, original government sealed packaging and/or any other special packaging or containers.
About Collectible Coins…
Treasures from around the world – delivered right to your door! Our large selection of collectible coin sets, proofs, ancient and uncirculated coins is ideal for both the novice and the experienced collector. HSN coin experts travel the world for the best coins - from the latest U.S. state quarters to the Widow’s Mite coin, discovered during an archeological dig in the Middle East. Most coins include a Certificate of Authenticity that validates the coin’s origin and condition.
This item is not for sale to customers in Minnesota."
Next offer Flag Privy launch 8 PM May 23 2026
https://www.hsn.com/products/2026-ms70-anacs-silver-eagle-with-daniel-carr-flag-priv/23924155
& the HSN advertisement:
"2026 MS70 ANACS Silver Eagle with Daniel Carr Flag Privy Overstrike
Celebrate 250 years of American history with this stunning 2026 Denver Mint Silver Eagle featuring Daniel Carr’s unique Flag Privy Dual Date Overstrike design. This collectible coin combines the beauty of .999 fine silver with an ANACS Mint State 70 certification, making it a must-have for patriotic collectors. This silver eagle is encapsulated and arrives safely tucked inside a sleek black velvet pouch, perfect for display or gifting.
What You Get
2026 MS70 ANACS D-Mint Silver Eagle with Daniel Carr Flag Privy Dual Date Overstrike
Black Velvet Coin Pouch; approx. 4" x 5.5"
All coin items considered for return must be in their original condition as sold. Seals and cases contribute to the value of the coin and currency collectibles and must remain intact and unbroken. This applies but is not limited to: grading cases, Mint and Proof cases and packages, bag seals, original government sealed packaging and/or any other special packaging or containers.
About Collectible Coins…
Treasures from around the world – delivered right to your door! Our large selection of collectible coin sets, proofs, ancient and uncirculated coins is ideal for both the novice and the experienced collector. HSN coin experts travel the world for the best coins - from the latest U.S. state quarters to the Widow’s Mite coin, discovered during an archeological dig in the Middle East. Most coins include a Certificate of Authenticity that validates the coin’s origin and condition.
This item is not for sale to customers in Minnesota."
The first offer, Minuteman link & advertising text from this morning:
https://www.hsn.com/products/2026-denver-mint-silver-eagle-daniel-carr-dual-date-ove/23891527
"2026 Denver Mint Silver Eagle Daniel Carr Dual Date Overstrike Coin
Celebrate America’s 250th anniversary with this stunning overstrike coin, blending classic design with a fresh commemorative twist. Perfect for collectors who appreciate both history and artistry, this coin shines with its flawless ANACS 70 certification. Keep it safe and stylish in the included black velvet pouch, ideal for display or gifting.
What You Get
2026 Denver Mint Silver Eagle Daniel Carr Dual Date Overstrike Certified ANACS 70 coin
Black velvet coin pouch (4in x 5.5in)"
Be that as it may, it is literally precisely what he said on TV Thursday night/early Friday morning. I get that he is typically fast and loose with facts, and that you cannot come here and publicly contradict him, which is why I did not ask you to.
I was just pointing out how what he says makes no economic sense, and is just part of the pitch to make the 70s sound like something special and valuable when they are not. And how destroying anything other than a nominal amount of product he commissioned you to make, to spend money to turn back into bullion, would never happen in the real world.
To your point regarding planchets, plenty of large dealers send large quantities of coins to the grading services with instructions to not slab anything that is not a 70. That is not uncommon.
What would be uncommon would be to melt the coins, as Mike claims he does with your stuff, after paying you to make it, as though a 69 coin he already paid to have you overstrike is worth less bullion after subtracting the cost of turning it back into bullion. Not to mention, if he actually did this, it still would not make the 70s special, since all surviving coins would still be 70s, but it WOULD increase the cost of making them, since the waste of having you overstrike a coin, and then melt it back into bullion, would have to be accounted for in the price of the surviving 70s.
So, with all due respect, it's just stupid, and we both know it doesn't actually happen. What happens, especially in light of your careful prescreening of the planchets, and then your precise manufacturing process, is that the vast majority of what you produce is a 70, ANACS is likely somewhat more permissive in grading what he sends as a 70 than it would be for me or anyone else, and then, if anything is actually left, it is just not slabbed or offered for sale. As opposed to what he is selling on TV being the surviving 65% after a vigorous screening process, not by you, but by ANACS, with all but the very best being melted down in order to preserve the value of the survivors.
I do greatly appreciate you coming here and adding detail and context to what you are doing with this project. I love you and your stuff, and don't think you need to feel the need to justify the over hyped way in which a TV huckster is moving large quantities. For the record, given the opportunity, I would have jumped on this as a producer as well, so no shade at all on you. It's a great opportunity to get your name into the TV mainstream, and maybe create some new customers for your more traditional stuff. Of course, it also runs the risk of turning off the layperson when they realize they did not really pay "wholesale," as Mike claims, repeatedly, when they bought a bullion ASE Dan Carr overstrike for $230.
I'm just pointing out that this is not the typical Dan Carr stuff we here have come to know and love. It is being sold in a way you do not sell your stuff directly (just look at the HSN website, and tell me you would have the same descriptions ("2026 Denver Mint"), and lack of disclaimers, on your own website), with multiple layers of additional costs that are ultimately borne by the end consumer, and with a mintage that is a massive multiple to what is typical, inevitably negatively impacting future value.
I greatly respect you, but we will have to agree to disagree on this. I have never bought from TV, but watch it somewhat obsessively as I use it to fall asleep.
If the silver bars are the ones I am thinking about, I remember laughing at them as well. One kilo bars were something like double or triple spot. They simply cannot ever sell anything at "a pretty good price" due to the economics of selling on TV.
With respect to 1/1000 oz of anything, if it doesn't make economic sense to manufacture, normal producers just don't make it. But, as I said above, this guy could literally sell ice to Eskimos, so contracting with someone to make anything he can sell on TV makes sense for him and for HSN. The question is how it makes sense for the buyers, and why anyone would value $4.50 in gold at $50, regardless of the form? Maybe in jewelry, but in a card?
You have written a complete novella on this but still haven't made the case that these were as dramatically overpriced as you claim. The newer price is much closer to what I would have expected and is full retail, but not the old price.
The "mintage" of the coin does not always matter with respect to the price, if they make 50, 500, or 5000. He recently released a coin through a different distributor and only one has shown up on Ebay at a mintage of 200, where the rest are is anyone's guess. There are many of his pieces that I have not ever seen for sale. Over the last month there were two that I missed that I would have purchased, I doubt they come up again for a year or more at those prices, if ever.
Yes the mintages for these HSN coins is high compared to the normal releases, but so what. They priced them lower to do the volume, and it worked. More coins in the market is good for the total base, as some sell for less, and others sell for more. Your claim about them all being 70's is somehow bad make little sense. Would you have preferred both Mike and Daniel finger them all like the US Mint did with the Omega Lincoln Cents?
The coin they sold yesterday was like a US Mint release. They did over 4,200 coins in one day. The US Mint dropped the ball for 2026 when they left the door open for products like this that people want. The Best Of The Mint gold coins should have been dual dated for example. Instead they placed a fake date on them, and added a weak silver medal to jack up the price.
If the 2026 Congratulations set was dual dated, they would probably be at $800 right now with the mintage. Instead they are barely over $200, and it is all due to the choices the US Mint made.
You can harp all day about these, but the US Mint does the same thing. The price for the Uncirculated set was jacked up just like they were selling on TV. I imagine that it works for this year, and next year the house of cards fall down for them. They will likely have tons of unsold inventory of 2027 products, and maybe then changes will happen.
I'm guessing these will be bought by a number of Carr-work lovers here. I do own a few Carr pieces, and do think he's a very talented guy in the very specialized field he's in. When you tell how-many-100's of thousands of viewers on HSN (possibly in the millions), and if/when these viewers who are completely new to his work, Google him, and see what he's accomplished, there could be enough 'newbies' that are going to 'get into' Carr-products..... it could possibly wind up with 'newbie' Carr purchasers possibly making it more difficult for those long-term collectors to get what they choose. Perhaps the mintage isn't high enough for everyone who wants one to get one.
Actually, no. The Mint didn't "drop" anything. You don't have to regurgitate Mike's pablum verbatim.
The Mint made a proof ASE with the dual dates and privy Mike harps about, There is also going to be an Enhanced Uncirculated version. With the privy. And the dual date. $60 less than Mike is charging for an after market overstrike.
Please don't tell me mintage doesn't affect value. It does. Always.
These are significantly more expensive than similar product Dan sells directly. With vastly higher mintages. Not a little, but significant orders of magnitude. They are inherently less valuable, and they absolutely cost more. I don't need to make any case beyond that.
All that said, please enjoy. Mike offers lots of equally appealing bargains every time he appears on TV. Get your credit card out.
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Perhaps the coins offered on HSN by Mike are the bargain and that Dan needs to raise the prices on his site accordingly?
Wait... did I actually put that in writing... don't read that Dan!!! Not until we put in our coin club order this year at least!!!
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 700
Daniel manufactures fantasy tokens, HSN sells coins.
Coin prices are not dictated only only mintages, but by demand being higher than mintages. If demand is less than the available coins, then prices tend to drop.
I would be surprised if you ever bought a Carr piece, yet you are so enthusiastic to warn all of us about these. Many here have huge collections, and some here are dealers that are well versed in what is high and what is low. Why did a Constitution silver eagle just sell for $339.76 plus $7.25 shipping on Ebay? I know, you can't answer than one.
They sold over 4,200 coins yesterday alone, and thousands again probably tonight for the third one. The market says you are wrong.
Pretty sure Dan is just a contractor, and has no say in setting prices. And, for the record, HSN already raised the price on the first coin.
Understood. The HSN "market" also says HP laptops sporting Intel Celeron processors are great deals.
You do seem to understand supply/demand dynamics. Please report back in a few months regarding the secondary market for Dan Carr pieces produced in the thousands and sold on TV.
And, of course I can "answer that one." EBay is full of uneducated buyers. Why else would anyone buy anything off eBay for more than it can be bought for directly from the source? Why else would there be a thriving market for "original unopened bank rolls of silver dollars"? Etc. etc., etc. Please don't get me started on either eBay or HSN.
I'm really very truly thrilled that you are excited about your HSN purchases. No shade. Just please never poop on anything anyone on TV is ever selling, at any price. Because if it is offered and sold, that will represent the market speaking. An uneducated market, but a market nonetheless.
.> @NJCoin said:
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You are making an awful lot of conjecture without really knowing the details of the production.
The earlier production did have a relatively high percentage of grading rejects. Some were melted and others went through the whole over-strike process again. With careful pre-screening of the candidate host coins, we have recently been able to reduce the reject rate by quite a bit.
If you want mintage comparisons, I can also do that.
Compare the mintages of the CSN/HSN/QVC privy-mark Silver Eagles to those of the US Mint.
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Well, I personally reserve the right to complain about anything I want to, and at the same time, not complain about the same or other things. And for no particular reason either way
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Again, thank you very much for adding detail. You honestly don't have to. But, for the record, rejects during production are not the same thing as Mike melting down anything that does not come back from ANACS as a "First Strike MS70." Those are coins that never would have made it to your website regardless, and does not make the slabbed coins he is selling on TV special.
With respect to mintages, agree to disagree. As I said before, I love you and your stuff, but comparisons between an individual creating niche product for a niche market to the United States Mint are invalid. The market for your stuff is nothing as compared to the market for Mint product.
Nothing. Which is why an actual ASE with a mintage of 30K sells for thousands of dollars while a Dan Carr overstrike with a mintage of dozens or hundreds sells for hundreds dollars.
No need to justify your deal with them. A great opportunity for you. But, as you surely know, the value of a mass market anything is usually a small fraction of small batch niche product. Certainly when talking about collectibles. There is no reason to think this will be an exception.
You've gone mass market and mainstream by doing this. Kind of like Martha Stewart partnering with K-Mart. Great for Martha, but the value of what she sold through K-Mart never matched the value of the high end stuff she sold through other channels.
I realize the comparison is a little strained because the K-Mart quality did not match other items, while a Dan Carr overstrike has the same quality regardless. But here value will be directly tied to mintage, since, at the end of the day, the host coin is an $80 ASE. 5K overstrikes will by definition be worth considerably less than something with a mintage of 125, and yet they are being sold on TV for considerably more than any ASE overstrike you ever sold directly. More expensive, with significantly higher volumes.
Simply does not sound like a great deal for the buyer, regardless of how good a deal it is for you, Mike and HSN. Again, great for you. You have a vehicle to easily sell tens of thousands of items. And great for anyone who wants to buy, exclusively from HSN.
I'm just pointing out the value is exactly the same as anything else bought from HSN. I'm not wrong. Also by definition.
HSN is not suddenly devoting significant airtime to low margin product in honor of the semisesquicentennial. They have detailed metrics for everything they do. If they could make more money selling jewelry, TracFones or vacuum cleaners with that time, you and Mike would never make it to the air.
Absolutely!!!! The comment was not directed to you. This is a home run for you, and I'm thrilled that you were given the opportunity.
I was talking to all the Dan Carr fanboys who habitually complain about how coins sold on TV are poison that ruins the market by "ripping off" the uninformed. Except now, with this, because they collect your stuff. I always understood the pricing is high, not because anyone was necessarily being "ripped off," but because TV is a very expensive sales channel. That has not changed just because you entered the picture.
The forum as a whole disagreed with me in the past, and has now turned a blind eye to the fact that it's the exact same sales channel, with the exact same margins, whether it's a slabbed 2026 bullion ASE being offered for $150, or a slabbed 1776-2026 Dan Carr overstrike being offered for $230.
Now $250, because silver has apparently gone up by $20 per ounce between Friday and Saturday. Or because they always get whatever they can on TV. Maybe because, based on sales of the first two overstirkes, they aren't doing the volume they hoped to do, as impressive as it is, so they want to squeeze an additional 10% out of each one.
I obviously don't know. Do you have any idea why they are jacking up the price from coin to coin, when the program was clearly planned and contracted for months ago?
The key difference here is that the DC overstrikes are exclusive to this outlet. Their price is the price. You can pay it or not. You can wait to see what it does on the secondary market, but if you want one when it is "issued", you'll pay that price.
Totally understood. That's what's driving sales today. Mike is one of the best salesmen on earth. He personally created the market for bullion coins, made in the millions and tens of millions, being sold for huge premiums in slabs.
He can set any price he wants and sell thousands of anything. My point is that, as with most other things bought on TV, these will eventually hit the secondary market in quantity.
Dan's product has always been highly regarded and highly valued. For among other reasons, because thousands of each are not made. People aren't seeing it yet, but this is turning Dan Carr overstrikes into HSN chotskies produced in the thousands. I don't think it should impact the value of the other things he makes, but it also isn't going to be valued the same way. To me, this is like any other high quality limited edition product being mass produced and going mainstream.
Once upon a time, the Franklin Mint, ironically located not far from the HSN studios in suburban Philadelphia, also mass produced numismatic items only available from them, at prices they set, that people who wanted it "paid the price" to buy it. In hindsight, how did that stuff do, although the Franklin Mint did very well selling it back in the day?
So would you tell all of us what the fair price is for these overstrikes being sold on HSN, if the price of about $225 with free shipping for a graded 70 is so overpriced? From your posts you seem to think they should be sold at melt value. Anything over is rediculous high.
Keep in mind all of the expenses they have to make these, grade these, and sell them for a profit.
Daniel sells the same for $180 ungraded, and HSN sold them graded with free shipping for $225.
You can't possible go under $180, or even $200. So is it $210? Is $210 so far off from $225 that it deserves a novel about being overpriced?
PS I have personally paid more than $225 for some of the pieces in my collection, and many others here have as well.
The BR privy on the website stands for Betsy Ross Flag. The final coin goes up on July 4th.
With all due respect, there is no "fair price." That's my whole point.
In general, people know exactly what HSN is. Except with this.
I've always maintained that TV is fine for what it is. A very expensive vehicle selling to the uninformed public at high prices. People who don't know better, and who would never otherwise be in the market. And a very entertaining series of presentations that I use to put myself to sleep late at night.
I didn't think the sellers were overcharging, because the sales channel took a lot of money to operate. Production costs. TV time. Paying the on air talent. Paying the vendor. Paying the sales company. Etc.
People here argued with me. Not understanding the selling costs involved, and arguing that TV was nothing but a rip-off, taking advantage of people who didn't know any better, and who would be turned off from coin collecting for life once they learned.
So, yeah, people would be buried in the product. As far as I was concerned, their money, their choice. People here supposedly know better.
Except with these, because they are Dan Carr fanboys.
There is no "fair price" because the sales channel did not suddenly become less expensive to operate. When we buy direct from Dan, only he has to get paid. From HSN, HSN has to be paid, the TV channels carrying the signal need to be paid, Mike needs to be paid, Mike's co-hosts need to be paid, the company Mike works for needs to be paid, Dan needs to be paid, ANACS needs to be paid, etc.
On top of this, production quantities need to be massive, as compared to typical Dan Carr product, to make it worth Mike's and HSN's while. So there is no "fair price." It is expensive as compared to buying direct, and made in quantities that aren't just large, but are huge as compared to a typical Dan Carr issue. Guaranteeing diminished future value.
The price is "fair" for what it is. Which is overpriced numismatic product being sold via TV. Same as buying from Rick Tomaska, CSN, Choppers Coin and Collectible, The Coin Vault, Collectible Coins with Steve & Allison, etc.
You either buy it, and understand it is no different from buying anything else from TV in terms of value, or you don't. What you don't do is come here arguing that this is an exception to the general rule regarding buying and selling coins on TV, because Dan Carr. Because THESE overstrikes are not available anywhere else, so Mike is offering a rare opportunity to buy from TV at wholesale, as opposed to the usual retail plus. And because the value is whatever Mike says it is. $230 yesterday, $250 today, and $300 next month.
No, that was not your whole point. Your whole point has been these are dramatically overpriced and how dare anyone claim otherwise. So when asked what the fair price is, you can't come up with one.
This is not about what is a fair price as to future appreciation potential. This is what is a fair price for them to put them up for sale. And you have failed to make the case for your dramatically overpriced claim. If Daniel sells them for $180 (plus 15 shipping which makes it $195), and they sell them for $225 with free shipping as a graded 70, your whole premise falls flat. You can write ten novels about it but that won't change anything.
Please don't tell me what my point was. My point was the hypocrisy of everyone gushing over this while historically pooping over anything else ever being offered by anyone on TV. Due to price.
The margins on these are the same as on anything else sold on TV. You can justify whatever you want, but my premise stands. What Dan sells directly for $180 has far higher value because it is made in far lower quantities. These are not any higher quality than anything else Dan makes, so the ANACS 70 First Strike slab confers no additional value, as you will learn in the future. In fact, ANCAS 70 means so much to the market than the $12K Advance Release EU70s AGEs in an ANACS slab cost $1,000 more, from Mike, in a NGC slab.
These are being produced in quantities 10x, 20x, 30x or more than typical Dan Carr overstrikes, at prices roughly 50% higher than typical. Because that is what is required to make selling on TV viable. Not because it is delivering value to the end user.
Doesn't mean thousands of people don't think otherwise. Including you. Mike is VERY good at what he does. Just keep in mind that you are joining the ranks of happy HSN customers, so just try to refrain from pooping on them, or on Mike, going forward.
Dan Carr stuff was offered on TV by the Chopper not too long ago. Misrepresented as rare Mint patterns, but still. At far lower prices, because silver was lower and because the Chopper is not HSN.
No one here was pining for them. Because they too were overpriced for what they were. Made in quantities far higher than typical for Dan, in order to make selling them on TV make sense for the seller, at far higher prices than similar product sold directly by Dan with far lower mintages. Or maybe because the Chopper was not promoting them as Dan Carr overstrikes. Yet another testament to the selling ability of Magic Mike.
Have you bothered to look up what is typical, or did you just make that one up as well?
Typical is $180 plus $15 shipping.
HSN was $225 plus free shipping.
No way can anyone make $225 minus $195 equal to a 50% higher price.
50% higher would be 90+180 +15 shipping, or $280. That is 50% higher of typical on the base price.
Instead, HSN is a whopping 15% higher including shipping, not 50%. And that includes the coin being graded a 70 along with it. For 15% more. Not 50%.
So you are off by 233% on your claim.
Yes. For $15 I could have Dan send me 100 coins, so I'm not adding $15 to his price. HSN is now $250 plus $7.50 shipping. It was $230 plus free shipping, or $225 plus $5 shipping. It's close enough to 50% for me, since it's still 200% above the cost of the host coin. Especially since $180 is an all time high for Dan, and more "typical" was the very low $100s before the recent run up in silver. Moreover, you are comparing items with mintages in the dozens and hundreds with items with mintages in the thousands. It's not a conversation worth having.
Believe what you want, but the ANACS First Strike 70 slab costs Mike next to nothing, and adds exactly $0.00 to the value, other than to the extent Mike convinces you otherwise.
I'm really thrilled that you are happy with your purchases. Joining thousands of others who are thrilled with everything they buy on TV. I'm sure Mike is also thrilled that he found something that speaks to you. Enjoy.
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It is the same thing.
It is still the case that if a particular coin ("token") can not be made into a 70, it is literally melted.
The difference is that, more recently, a particular coin might go through the process multiple times.
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Markets change. Mintage comparisons are always valid. You wrote it: going "mainstream" with "Carr" products. That can make the niche larger.
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It's close enough to 50% for me, since it's still 200% above the cost of the host coin.
The real numbers don't mean anything, as you think it is 50% just because that is what you want to believe it is. Thank you for clarifying your math on this.
My pleasure!!
As @dcarr said above, if this causes the market to explode, it's all good in the end. In the meantime, you are paying a lot more for things with mintages far higher than the market has historically supported.
Right now, Dan is getting paid, and deservedly so. The fact that so many other people need to get paid in order to put these in your hands means you are starting far behind the 8 Ball in ever seeing value in these, regardless of the so-called dealers buying in bulk from Mike at full retail, and the odd sale on eBay.
If you think these are so great, do what lots of others do with hot new issues, and back up the truck, since these are limited editions, and will never be available anywhere else for less.
3 Declaration of Independence remain in my HSN cart 5-24-26, 308 pm.
When launch price on May 22 was live I had 3 separate $5.50 shipping fees = $16.50.
Ultimately, I did not order any of these HSN Mikes for a few reasons INCLUDING NO SALES TO COLORADO
I guess I watched and rewatched 14 presentations which took maybe 3&1/2 hours.
Had Daniel sold these direct I would have bought them all raw like I always do last decade & a half, and I happily accept the responsibility to properly represent the fantasy nature of these items if I resell them.
HSN Cart prices adjusted up to $ 299 a pop at like 2am on 23rd.
Here's my HSN invoice with some priced suggestions I could include too:
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
936-457
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
$299.99
S&H: $5.50
Payments as low as $49.99 with Flexpay ?This is a gift
1 payment of $299.99
PAYMENT OPTIONS
1
QTY
2 of 3
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
936-457
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
$299.99
S&H: $5.50
Payments as low as $49.99 with Flexpay ?This is a gift
1 payment of $299.99
PAYMENT OPTIONS
1
QTY
3 of 3
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
936-457
'26 MS70 ANACS Silver Eagle- Daniel Carr Constitution Privy Overstrike
$299.99
S&H: $5.50
Payments as low as $49.99 with Flexpay ?This is a gift
1 payment of $299.99
PAYMENT OPTIONS
1
QTY
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Subtotal$899.97
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