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#2655786 - 10/07/08 10:48 PM Jimmy Gerstel's Treasure Hunter Show
stgecko Offline
(S)uper Collector


Registered: 02/15/08
Posts: 296
Loc: Washington, USA
When I was watching Jimmy's show I saw just the absolute wrong price for the 2008 Bald Eagle Dollar, Proof and BU. For a pair, one of each, in grade PF70/MS70 they wanted $895! Call me crazy but that can't be right, can it? I mean Numismedia's FMV chart says the pair goes for $319. So I thought that was kind of nuts so I called his show to ask. The operator wouldn't let me talk with him and the operator says she is very sure they are the right prices. When I inquired to the lack of phone ringing during the sale she said they they had people calling for them. Not to sure I believe her. Anyone have thoughts on that price of $895? Am I wrong? Is my medication working overtime? \:D
_________________________
Working on commemoratives with emphasis on the early ones although I collect both.





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#2655939 - 10/08/08 12:35 AM Re: Jimmy Gerstel's Treasure Hunter Show [Re: stgecko]
WoodenJefferson Offline

I have nothing to add or subtract, I am merely here.

TOTAL NEWBIE


Registered: 12/08/06
Posts: 18121
Loc: Mach II with my hair on fire!
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no affiliation/spam warning.

I think Jimmy had the wrong line item on the paper work, maybe for the gold coin set, but no way for the silver dollar Bald Eagle...and I don't even know the first thing about them. But then again, I'm not a remote control armchair collector either.
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We go through life not knowing what the next day will bring...if anything at all, so live for today!





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#2656276 - 10/08/08 09:09 AM Re: Jimmy Gerstel's Treasure Hunter Show [Re: WoodenJefferson]
Conder101 Offline
Pedigreed


Registered: 02/02/02
Posts: 5698
Loc: East central Indiana
Let me see if I have this right. Your watching a show on TV where they are selling coins. They are selling a set and asking an almost 200% markup over retail value. If that is right then yes there may have been an error made. 150% markup over retail is more typical. Did you keep watching? Because one thing these show often do is start over 200% higher and then cut the price several time to show what a good deal you are getting and end at 100 to 150% above retail.
_________________________
------- Slab collector and researcher reported as of 2/5/06 150 companies 331 production varieties

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#2657359 - 10/08/08 08:35 PM Re: Jimmy Gerstel's Treasure Hunter Show [Re: Conder101]
stgecko Offline
(S)uper Collector


Registered: 02/15/08
Posts: 296
Loc: Washington, USA
I kept watching and just this pricing on the Eagles stood out as being a mistake and they didn't start with that price and go down he just kept saying what a great deal it was and pricing didn't budge. I just wanted to alert them to their mistake and they just wouldn't listen. I tried to help. \:\)
_________________________
Working on commemoratives with emphasis on the early ones although I collect both.





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#2657533 - 10/08/08 10:18 PM Re: Jimmy Gerstel's Treasure Hunter Show [Re: stgecko]
Conder101 Offline
Pedigreed


Registered: 02/02/02
Posts: 5698
Loc: East central Indiana
Believe me they probably didn't make any mistake. They know it is way above retail.
_________________________
------- Slab collector and researcher reported as of 2/5/06 150 companies 331 production varieties

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#2658919 - 10/09/08 05:28 PM Re: Jimmy Gerstel's Treasure Hunter Show [Re: stgecko]
RI AL Offline
The Post-man always rings twice. Uhm... ring ring?


Registered: 10/20/07
Posts: 1950
Loc: Rhode Island
Flipping channels a couple of nights ago, I stumbled on the HSN coin hour (or whatever). This was the first time I encountered the show. The offering was ANACS 2008 MS 70 gold $5 which I thought were WAY overpriced at, I BELIEVE...$800 range. (Please excuse if I have gotten the information wrong!!!)The pitch also implied that these were the only coins certified at this grade and ANACS had graded them. Something fishy here. Modern gold is out of my area of interest...but something just "smelled bad" in the promo. Any opinions about HSN coin offerings...other than that they are way overpriced?

RI AL
_________________________
Lifelong collector, enthusiastic learner about the hobby thanks to all you great guys out there!

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#2659143 - 10/09/08 07:08 PM Re: Jimmy Gerstel's Treasure Hunter Show [Re: RI AL]
bsshog40 Offline
TOTAL NEWBIE


Registered: 05/09/06
Posts: 16129
Loc: Waskom,TX
Most all these coins shows I've seen, and there's a couple on Dish, all thier prices are OUTRAGEOUS!!

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#3633672 - 12/05/09 11:58 AM Re: Jimmy Gerstel's Treasure Hunter Show [Re: stgecko]
dagoirish1 Offline
Just got here


Registered: 02/27/09
Posts: 9
Loc: wisconsin
how does this guy rob people without a gun on his show? are there that many stupid people out there that will pay 399 for a 1/10 of an ounce gold coin??? if my math is right....400x10=4 000 for an ounce of gold!!! this is just one example...there are many more. if you plan on buying ANYTHING from this crook...CALL ME FIRST. i am not in business but can steer you in the right direction for paying an HONEST price for coins/bullion etc. if by chance you hit his show...........MOVE ON!!!!!!!!!!


Edited by dagoirish1 (12/05/09 02:51 PM)

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#3633721 - 12/05/09 12:24 PM Re: Jimmy Gerstel's Treasure Hunter Show [Re: dagoirish1]
Bugmann1974 Offline
Up 20 words per minute since I signed up


Registered: 11/02/08
Posts: 1420
Loc: Arkansas
There are only ten 1/10th ounce coins in an ounce. So an ounce is more like $3990. Still way too high, but nowhere near $12,000 either.
_________________________
Ray

Fairly inexperienced numismatist with a love for coins that others cast away.



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#3633980 - 12/05/09 02:48 PM Re: Jimmy Gerstel's Treasure Hunter Show [Re: stgecko]
dagoirish1 Offline
Just got here


Registered: 02/27/09
Posts: 9
Loc: wisconsin
my bad bug!!!!! brain not awake. thanks for the correction. he STILL is a crook!!!

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