Just wanted everyones opinion of Home Shopping Networks' guest expert Mr. Mezak, I believe his name is. He has been selling coins on HSN for years from ICG and most recently ANACS. I bought the set of 1999-S Silver PR70 DCAM Statehood quarters graded by ICG when they first came out. The Delaware coin in the set is valued today at $12,000.00 by PCGS coin guide for some reason????? I sent the set in to be graded by PCGS recently and the Delaware was graded PR68 as was the Pennsylvania coin. The other 3 in the set were slabbed as PR69DCAM. I sent a note to Mindy Grossman, who runs HSN to let her know my feelings. I don't know if it is true but the people at ICG tell me that the previous management and graders all left and went to ANACS, which is what Mezak is selling on HSN now along with some ICG graded coins. I have lots of PR70's graded by ICG that I will never get rid of, because if they aren't graded by NGC or PCGS, people don't buy them very readily. Just wanted to vent about this guy on HSN still selling PR70 coins that probably could not stand up to close scrutiny. Any ideas as to what course of action is left to me?
hey bob i hope this grow into something that can help a lot of people out you know like talking about these other grading company that grade everthing a 67 again i hope it helps people!
Just wanted everyones opinion of Home Shopping Networks' guest expert Mr. Mezak, I believe his name is. He has been selling coins on HSN for years from ICG and most recently ANACS. I bought the set of 1999-S Silver PR70 DCAM Statehood quarters graded by ICG when they first came out. The Delaware coin in the set is valued today at $12,000.00 by PCGS coin guide for some reason????? I sent the set in to be graded by PCGS recently and the Delaware was graded PR68 as was the Pennsylvania coin. The other 3 in the set were slabbed as PR69DCAM. I sent a note to Mindy Grossman, who runs HSN to let her know my feelings. I don't know if it is true but the people at ICG tell me that the previous management and graders all left and went to ANACS, which is what Mezak is selling on HSN now along with some ICG graded coins. I have lots of PR70's graded by ICG that I will never get rid of, because if they aren't graded by NGC or PCGS, people don't buy them very readily. Just wanted to vent about this guy on HSN still selling PR70 coins that probably could not stand up to close scrutiny. Any ideas as to what course of action is left to me?
A quick note on this. ICG generally grades modern proofs, a point or 2 higher. ICG and Anacs have swaped a lot of people. Your letter will not to much good, but still you should tell them. In short stay away from HSN and coins.
hi i think you did everthing right here by letting people know what happen to you i've heard of other people who had the same thing happen to them. i use to buy coins from hsn then i seen i could'nt get the price for the coins that i thought i should have. thats why now i only buy coins thats graded by pcgs or ngc when you buy coins thats graded by these companys you know you're getting what you pay for.
First of all I what to thank everyone who thought of this topic. Being new to the Numismatic world this will be a great thread to read and learn from. I started getting interested in coins about 6 months ago when I was reading The Numismatic news paper at a book store. I found lots of very interesting articles in the paper. Well to make a long story short I bought the paper and am now getting it every week and my knowledge about the hobby is expanding. Again, thanks to everyone .
Thanks to everyone who contributes to this forum, your expertise and advice is priceless. I am brand new to coin collecting as others in this thread have mentioned. I feel I have been extremely fortunate in starting collecting before joining NGC.
Bank CD's are a losing proposition so I went to Barnes & Noble and started reading books on investing. Great thing about B & N is, you can purchase a Starbucks coffee, sit down in a comfortable chair and start getting educated.
I read PM investing for dummies. That was a great place to start. Then I read Howard Ruffs book also The Collapse of the American Dollar by James Turk, and other books on the subject and decided to invest in some coins.
Before investing in coins I checked each firms record with the Better Business Bureau and the two firms I purchased coins from have lived up to their spotless record of doing business in a reputable manner.
I will now be reading these forums and learning more and more about the art of investing in coins, protecting them and learning about this hobby I have become very interested in.
One thing that became apparent as a result of the Peace $ scandal, is that collectors can not solely rely on TPG's and they can not solely rely on even the most reputable dealers for determinations on AT/NT. The best defense a collector has is to develop their own knowledge and expertise. Hopefully, these posts that we are about to launch will help those of you who are interested to learn more. Also, I would like to encourage those of you with the relevant experience and knowledge to contribute. I am tired of our hobby being exploited and I know there are many other collectors out there who feel the same way. So lets all chip in and do our best to increase education and awareness throughout the collector base.
I am a brand new collector who has been extremely fortunate to have purchased several Gold coins and not been scammed or cheated. As a newbie to coin collecting, I am curious what TPG's and AT/NT stand for.
I appreciate this forum and am learning some vitally important facts.
Couldn't have said it better about HSN. I'm surprised that they haven't been investigated as far as their coin sales. My stepmother kept buying silver Eagles on there for Christmas for me. I kept telling my Dad to get her just to go to the mint site or call them.. and it will saved her a bundle. NO go.. still sucked in by their sales pitch. Disgusting. It's the vulnerable and uneducated who fall for there pitch. Those Eagles were either electroplated with gold or silk screen or whatever with some cheesy picture. They are only worth bullion value or maybe even scrap value. What a racket.
Registered: 01/28/02
Posts: 5681
Loc: Western Washington
It is really a shame that so many people are taken in by HSN and their sleazy Pitchmen. Unfortunately, it is not against the law to do what HSN is doing. They along with various so called "Mint" sales, boiler-rooms discredit the entire hobby. It is shameful.
I, too, am a relativly new collector although my father tried when I was a kid. We buy mostly slabbed, being careful of what and from whom we buy non-slabbed/graded from. I recently purchased a NGC Mint error coin, but cannot find out anything about the error typr itself. I am happy with the coin and the price, but curious why I can't find info on the error, even on the NGC site. Lable reads, in whole: 1986 S Eagle S$1__Reverse Struck Thru__Mint Error PF 69 Ultra Cameo__and than lists the number. We collect the Eagle Proofs and this was just a nice add-on bonus for the set. The error is slight but noticable, so why can't I find info? Am I even posting this in the right area??
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New at this but learning fast.
