Taking the top three entries from the search, only one dealer was sold out. So we turn to the interwebs to search for “date run American Silver Eagle coins.” The search returned several entries on the first page that was not RCTV. Guides are not the retail prices a collector would pay. Based on a grade of MS-69, the guides provided the following information based on prices for the 1986-2016 34-coin set:īut Numismedia and NGC are price guides. Since the online Greysheet does not include the retail price for graded bullion coins (why?), I used two other guides: Numismedia Fair Market Value Price Guide and the price guide from NGC. Is $1,995.00 a good deal for the 31 coins? My first instinct was to check the price guides. It almost seemed reasonable until it was made clear that the pitch was for a date run of 31 coins from 1986-2016. His pitch was selling a date run of American Silver Eagle graded MS-69 by NGC for $1,995.00. Tomaska seemed pleasant and appeared knowledgable. The pitchman is Rick Tomaska, owner of Rare Collectibles TV. Of course, I stopped to stare at the shiny silver coins. When I tuned in, the camera was panning a display with graded American Silver Eagle coins. At this time, Fox Business was airing an infomercial for Coins TV. On the weekend, when the markets are not open, the business channels broadcast other programming. This past Sunday, I entered the wrong number in the remote and landed on the Fox Business channel. Even though I have personal work to catch up on, I will play couch potato and watch television. I described his reaction as “The look on his face when I told him was as if I kicked his dog.” Then I was provided an example of why my words land very hard. Recently, I wrote about the experience with someone who brought in a box of coins he bought from television and magazines. My answers tend to be upsetting because the market does not value these items as the television hucksters do. Every few months, someone writes and asks about the value of something they bought from a non-numismatic magazine or from something they saw on television.
Over the years, I have heard from many people regarding the problems with mailorder numismatics. Want more information about American Eagle Coins? The Coin Collectors Handbook: American Eagle Coins has more information and is fully illustrated.
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