HSN/QVC coins, card and jewel collections- good value/ripoff/both

I always see these ball card/coin/jewel collections, and of course the buffoons hawking them are paid to tell you what a great value these things are, but some go far as to say that you could actually order one, immediately go into a coin/card/jewel store and sell for a profit. I assume that is bunk, but do these have any worth at all? Any numismastis, gemologists or whatever you call card collectors have any experience with these?

We both sell to these cretins and buy the crap back from their sucke…er, uh, customers.

Remember, there are many, many versions of these sellers. Not just a single entity.

What is advertised on tv, we in our coin shop sell for about half that price, for the same item, same condition. To anyone who walks in the door.

Their jewelry isn’t atrociously priced, it’s just that jewelry has such a high mark up, you can’t ever get back a good percentage of what you paid. Never.

If you purchase a card from them, just TRY to find someone to even give you an offer.

I’m so glad you happened by, sam, because I wanna hijack this thread and doing so without a reply to the OP would be too rude even for me.

Anyway, so I have this set of three Morgan silver dollars, issued by The American Historic Society (whoever they are, but there’s a Certificate of Authenticity so they must be legit) billed as “The Last Morgan Silver Dollars.” One each from Denver, Philadelphia and San Francisco all dated 1921. There’s a card in with it that puts 1921 as being “over seven decades ago.” They all look to be in the same condition but I have no idea what grade they might be. What might they be worth?

I didn’t buy the set; I think my grandmother did and I snagged them the last time I was home (it’s OK, she’s dead).

We buy those in the store for $11 per coin. I’d sell these back to a telemarketer, or any customer, for $14. each. ( $13/each in quantity.)

1921 is the most common year for the Morgan Dollar. That’s why they choose it. Can’t promote something too rare in case you get orders for 250,000 of them. :slight_smile:

Sam, was I told correctly that there loads of late Morgans around that are in teriffic condition (except, obviously, bag marks) because, before the electronic transfer of funds caught on, banks passed money around literally with sacks of silver dollars, and that this practice lasted a lot longer than we would think?

If that ever occurred, I’m not aware. I tend to disbelieve the assertion.

There are hundreds of thousands of uncirculated Morgan dollars because they minted them in such quantity between 1878 and 1904 that the normal demand for them by the public was never realized. They were overminted as a pork barrel project, instigated by politicians in the Western mining states, getting the government to purchase silver at above-market price levels, to keep the miners employed. But the government didn’t really need all that silver, so they made millions of silver dollars and left them to sit in unopened bags as the real demand wasn’t great enough to cause them to be put into circulation.

When the demand for silver coins peaked in the 1962-1964 period, due to rising silver prices, the government released thousands? of bags of uncirculated Morgan dollars to the public. These were then broken down into rolls of 20 pieces, and the rolls were sold to collectors. So all of those uncirculated dollars will forever be around, uncirculated.

On the subject of sports cards…

Back in the mid to late 90s (before eBay took off) it was entirely possible to pick up one of the sets or packages they were offering and sell off the pieces individually for a profit. In fact, a dealer I used to know told me that’s how he used to stock up before big shows.

But nowadays everything is coming from the same eBay sellers who are all undercutting each other. Connecting every card collector in the world was probably the worst thing to ever happen to the secondary card market.

Although I am glad I was able to snag a Billy Ripken “Fuck Face” card for really cheap.