Coin and Paper Money Collecting/shop at home t.v. coins

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Expert: - 6/16/2006


Question
Dear Joe,

I find myself watching coins shows on T.V. and I can't determine if they generally sell their products at a fair price. I understand that some of their items are not that collectable.. but in general do you think they sell at a fair price or are these people just saleman and con men? Give me your opinion please.. Thank you advance!

Norris in Colorado  

Answer
Hello Norris,

Let's just say that they aren't the cheapest way to buy coins.  TV Airtime cost money, big money and someone pays for that.

I have seen the shows a few times and I am amazed at the prices they ask and get from unsuspecting consumers.  I look at it as a "dog & pony" show.  They rely on impulse buyers.

Stick to the internet or find a dealer you can work with on a regular basis.

Regards,
Joe Hylas
AllCoins.US

Coin and Paper Money Collecting

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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