SilverTowne impacted by Coin Vault closing

ABC123 · May 23, 2006 6:00AM

Coin World reported today that David Hendrickson of SilverTowne supplier of all of the Coin Vaults segments coin products would be greatly impacted by the shows closing. I was naive enough to think that R.Chambers Morgan coin hoards came from the Alaska hoard , the Tenn. Morgans etc. actually came from the named places and not from SilverTowne---what a bummer !

Russ · May 23, 2006 6:06AM

<< SilverTowne supplier of all of the Coin Vaults segments coin products >>

If the article indicated that SilverTowne was the supplier of all of the product sold on Voin Vault, the author is misinformed.

Russ, NCNE

ChangeInHistory · May 23, 2006 6:08AM

That just breaks my heart. Twice.

Cladiator · May 23, 2006 6:12AM

<< 

<< SilverTowne supplier of all of the Coin Vaults segments coin products >>

If the article indicated that SilverTowne was the supplier of all of the product sold on Voin Vault, the author is misinformed.

Russ, NCNE >>

Did you sell them some stuff Russ?

ABC123 · May 23, 2006 6:25AM

The author of the June 5, 2006 Coin World article, page 3, is Emily Mullins wherein she did indeed state that SilverTowne supplied ALL coin items to The Coin Vault.

INXS · May 23, 2006 6:36AM

<< The author of the June 5, 2006 Coin World article, page 3, is Emily Mullins wherein she did indeed state that SilverTowne supplied ALL coin items to The Coin Vault. >>

Yes thats what it says, SiverTowne just opened a new disrtibution center in Winchetser, Indiana to handle all of the Coin Vault orders exclusively. $100 million in sales last year.

TheRaven · May 23, 2006 6:50AM

I would think the coin vault would get moved to some other channel or so, if they did $100 million in sales last year.....

That is just not going to go away.....

MrKelso · May 23, 2006 7:03AM

$100 million in sales

holie crap thats a lot of money,all of those people thinking they have a great investment in those gold plated coins

Gemineye · May 23, 2006 7:14AM

<< I would think the coin vault would get moved to some other channel or so, if they did $100 million in sales last year.....

That is just not going to go away..... >>

........

.........Paul Hollis and Robert Chambers just might move to Prime Time.............!!!!!!!!!!

ABC123 · May 23, 2006 7:19AM

MrKelso---you forgot to also mention the silver and platinum plated State Quarters also. Truly mind boggling !!

INXS · May 23, 2006 7:33AM

According to the article, which I would post but have been told in the past by Carol not to copy anything from CW to the forum even if I acknowledge CW as the owner, Coin Vault was a time slot and not a program unto itself. So it cannot be moved to another venue. It's all on page 3 of the 06/05 CW.

ttxp · May 23, 2006 7:49AM

"all of those people thinking they have a great investment in those gold plated coins"

What's this? My gold plated quarter hoard isn't worth anything? Tell me it isn't so.

CoinHusker · May 23, 2006 7:56AM

<< "all of those people thinking they have a great investment in those gold plated coins"

What's this? My gold plated quarter hoard isn't worth anything? Tell me it isn't so. >>

It's true, it's true. You should have started a waffle coin registry set instead.

max911 · May 23, 2006 8:01AM

I heard it on good authority from Robert Chambers (every night) that they searched the country to secure the great coins they had for sale. Was i misled again ?

Cladiator · May 23, 2006 8:03AM

What about all the poor schleps on their "Auto Ship" program? lol

WTCG · May 23, 2006 8:22AM

Silvertowne will survive just fine with or without Shop-at-Home. They are almost the exclusive suppliers of material for the television coin sales companies. About 70% of the total UPS, FedEx and USPS business in Winchester, IN originate to or from Silvertowne.

Barry · May 23, 2006 8:40AM

According to the article, which I would post but have been told in the past by Carol not to copy anything from CW to the forum even if I acknowledge CW as the owner

Coin World is very touchy about copyright violations. The latest issue's editorial discusses this very subject.

MrKelso · May 23, 2006 9:57AM

<< What about all the poor schleps on their "Auto Ship" program? lol >>

I think Autoship is the other network show HNS or HSN or whatever they call themselves

SilverTowne impacted by Coin Vault closing

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