Are gold coin sellers on television trying to trick us to buying ?

Anyone who tells you with certainty what the price of a commodity will be in the future is either a delusional fool, a con artist, or a liar. The future is inherently uncertain. Some investments have been historically less volatile than others, but certainly not commodities. If I did want to invest in gold (and I don’t), I’d buy a fund and not some coins. The infomercial dudes mark up the price way higher than just the melt value of the gold. That’s why they’re motivated to sell it. You’re paying a huge additional premium for the “artistic” value of the coin.

Remember. For every person buying, there is a person selling. The buyers hope the value will go up, and the sellers…
The company makes money by creating excitement so people will buy and sell. They make a commission on the transaction plus they charge an extra fee.
“Look! Gold is going up! Buy now!!!” Meanwhile they tell sellers, “Look! Gold is peaking! Sell it now!!!” They get a percent of the sale in both directions.
Plus they don’t tell you the actual price. They can mark up the price when quote to the buyer and mark down the price quoted to the seller. There is no transparency. They keep the difference. That is why they are willing to spend the money for TV ads.

EVERYONE on television is trying to trick you into buying something. You should not be allowed in the same room with a television if you are the type to EVER permit yourself to ignore this.

^^What they said!
Plus, anyone selling anything is trying to convince you to buy their product. Most gold coins sold on TV are sold with the idea they will increase more in collectible value than the actual value of gold.

A few years ago I checked out one of the big companies that were advertising on the radio. They didn’t want to sell me gold bullion coins because they said that the government could force people to sell give it back to the government as it once did. They wanted to sell me old gold coins at a price that was many times higher than their true value. They justified the high price by saying that they offer a great buy back service at only 1% under spot value. This means that they screw the customer buying and selling. Because the old coins are quite a bit more valuable than spot value.

Of course they’re trying to get you to buy something. Why else would they be advertising a product?

Wait, I thought gold coin sellers on television were my friends, sharing a helpful and valuable limited-time opportunity with me in the few special moments we had together!

I’ve always felt that was fishy. Never in my right mind believed in that though.
“Leprechaun’s want me gold!”

My Mom bought some gold plated quarters that were advertised on television.
When she passed, I took them to a coin dealer, who told me the gold plating did nothing to their value.

@filmfann ‘e jus’ wanted all tha’ GOLD fer ‘imself!