Got $3000? Get a UHR
HSN is selling the UHR for $2999.95. It's one of their First Day of Issue items. According to their web site, they have 298 to go around. It's graded SP70 by ANACS, It is item 411-610 if you want to take a look. Wonder how long it will take to get 298 or maybe they have them already. Maybe that's what caused the big delay.
It will be shown in the 8PM EDT time slot tonight..
It will be shown in the 8PM EDT time slot tonight..
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Replies to This Discussion
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Permalink Reply by ibognar on -
So much for one per household. Or perhaps there are 298 households that work at HSN and a nice deal with ANACS for expedited and ensured SP70's.
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Permalink Reply by Dave on -
I saw the post just before 8 PM so I tuned in. I'm surprised that show isn't shut down. What about truth in advertising laws. That guy was stretching the truth beyond the extreme.
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Permalink Reply by Ron on -
I guess I'm kind of wondering how they got so many coins. Mike said they only had 72 in stock and the rest were being graded. Assuming all coins didn't get the SP70, how many coins did they send to ANACS? And does it really take hours to grade just one UHR? And are UHR "months and months and months and months" behind? Not to start another shipping thread, but my UHR was a little more than a month behind.
I know they are out to sell a product and will try to make it look as good as possible, but I there's a lot of overkill on their part.
If you go to HSN.com and search for item 411-610, there's a small picture under the big UHR picture. Click on the little pic to see the video of the UHR presentation.
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Permalink Reply by Dave on
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Lureuin said:How so Dave?
Well the guy was rambling a good bit… but there are a few things that I can recall. Ron touched on a couple of them too. First of all, the chatter about delayed shipping seems to have died down. Seems a lot of folks have received there coins. There’s not even a delay listed anymore on the Mint’s web site for the UHRs. But this guy was saying that only a few have shipped so far and that the Mint is “months and months and moths” behind in shipping. He liked to repeat things like that three times - did that quite often.
He was trying to compare the 2009 UHRs to the 1907 high reliefs…saying that the 2009 UHR is even better than the 1907 coin… then saying that all of the 1907 high relief coins are selling for “hundreds and hundreds and hundreds” of thousands of dollars. Again that three-peat. In the midst of that he did reference high grade 1907s and he carefully worded things so that if someone challenged him on the claim he could say he was only referring to the high grade 1907s. But if I was not knowledgeable on the subject I would have assumed he was referring to “all” of the 1907 high reliefs. He seemed to imply that perhaps we can expect the same performance from the 2009 UHRs. Have any ANACs graded 1907s sold for even $100K? I’m sure some PCGS ones have.
He said that it only takes a few minutes to grade most coins but that it typically takes about 2 hours to grade each UHR. How on earth can it take two hours to grade each coin. First of all what do the graders make per hour. Then ANACs has to cover the overhead expense. If it takes two hours to grade then ANACs would have to charge well over $100 to make a profit. I don’t know what their fee is but I’m sure it doesn’t approach that level.
There was more but I was only half tuned in so much of it escapes me. But everything was carefully worded to make it sound like these things are un-obtainable (besides through them) and that they’ll probably go through the roof in value.
Ron - Since I was only half tuned in, if I got any of this wrong please correct me.
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Permalink Reply by Lureuin on -
Thanks very much Dave. Those folks are scoundrels.
I do know that when PCGS or NGC grade a coin, it has to be looked at by 2 graders. If the coin is determined to be a 70 grade, then 3 more graders must verify that they also see no flaws. If any of the follow up graders says no, then it gets a 69. How much of that is true, I don't know.
Some of the descriptions on ebay are no better, or in some cases equal in BS factor to the HSN exaggerations.
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Permalink Reply by Ron on
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Did you see when Mike said Augustus Saint-Gaudens was finally resting in peace because the coin was finally struck the way he intended it?
Some more words that they liked to repeat: phenomenal, thick .
They kind of pressed on the issue of not knowing if the Mint would ever ship all the coins that was ordered. They did mention that there have been horror stories about shipments, but didn't say what they were.
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Permalink Reply by Ono on -
If I come across these guys on HSN I'll watch whatever they're selling for a few minutes just to get a good laugh. It's like watching Laurel & Hardy trying to convince themselves to believe what they are saying. If you want a good laugh here's a link to HSN, click on the small video below the UHR pictures. Enjoy.
http://www.hsn.com/collectibles/2009-first-day-of-issue-limited-edi...!sf!dept&cm_re=product_carousel*page1_spot3_topline*NewArrivals&ccm=co|co0007
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Permalink Reply by Lureuin on
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Thanks for the link Ono!
After watching this for 2 minutes, I couldn't watch anymore. I was gonna talk real smack about these con artists, but I decided that anyone who would fall for this BS deserves to get ripped off. There is very little difference between these Snakeoil Salesmen and a lot of the people who flip coins on e-bay.
As much as I despise people who would take advantage of their fellow man, I also don't suffer fools well. Anyone who can't see right through obvious BS they are being told on television and radio, shouldn't have enough money to buy one of these coins.
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Permalink Reply by ONE CENT on
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Dont walk run from this deal that coin is HSN biggest rip ever warning dont ever buy from TV networks they are way over priced !
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Permalink Reply by John W on -
So looking on Ebay, it looks like dozens sold yesterday, is that correct? I'm brand new to Ebay (I know; what's wrong with me?) and so I'm just finding my way around that site. So sorting by "Date Ended" I see somewhere around 36 ended 3/14. Or am I missing something?
Also, it looks like they are almost split between NGC and PCGS. Is that normal? Is there any difference between the two rating companies?
I am I the only guy in the world that got an MS69? Perusing the Ebay site, I feel like a jilted bride.
And don't get me wrong, I have NO INTENTION of selling my UHR coins (picking up the other one on Wednesday) at all, much less on Ebay. I'm just trying to figure out if I am interpreting the site correctly?
Thanks
John
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Permalink Reply by Dave on
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I tuned in to the HSN show a few minutes before 8 PM – the first of back to back episodes was on. They were selling a complete set of P&D state quarters in two nice looking display cases. Now please keep in mind I’m the kind of guy who would NEVER buy from one of these outfits since I know I’d be paying an extreme premium. Yet I was looking at those quarters and sort of saying to myself “Hmmmmmmm… enticing….” I wasn’t even viewing on my Hi-Def TV but the picture was so sparkly clear and the coins and the cases were so shiny and beautiful.
They know exactly how to make viewers salivate – the camera angles, what all they say, how they say it, the clock ticking down, their inventory count ticking down….
He was also saying that you can “never never never” get these quarters for the face value (that three-peat thing again) and if I heard him correctly he said the Georgia quarter alone sells for about $6. ???
I didn’t buy them, but if they can make that thought cross my mind for even that split second, then I’m sure they’re reeling in quite a few people.
John W – I’ll let the knowledgeable folks here address your grading company questions. Searching through Ebay I did see 69s mixed in with the 70s – mostly 70s though. I think mine would grade 69. I see two hairline scratches under 10x magnification. I’d never spot them with the naked eye though so to me it’s still a beautiful coin. I actually felt a little let down when I first got it since I had set my expectations so extremely high. It’s growing on the though.
Ironically, some of these MS-70 FS coins are selling on Ebay for more than HSN’s price – not in ANAC slabs though. I imagine many of HSN’s are true 70s though. I don’t understand why these coins are selling for these premiums when so many are grading 70. Ahh… it’s that first strike stuff. Heck, 80% could qualify for “first strike”. Maybe the “last strike” ones will wind up being the ones with the added value. ;-)
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