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Replies: 18 / Views: 5,454 |
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Rest in Peace
United States
18456 Posts |
$70-$100 a table at small shows by me . Thought about it a few times but I have devoted almost my whole life to my coins ,don't want to see a good portion of them gone in one day . 
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Pillar of the Community
United States
4469 Posts |
I have thought about selling my collection at a coin show. Here were my concerns how do I get locking display cases to house my coins? A knowledgeable person to work with me , so I can take a meal or restroom break. To keep it simple, I would mark the price on each coin 10% above the amount that I would accept. Before the show all worthy coins would need to be sent to a TPG and/or CAC.
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Moderator
 United States
188877 Posts |
I have moved this topic to the main forum so it gets broader attention. 
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Pillar of the Community
 United States
1959 Posts |
Thanks jbuck! I wasnt thinking. 
Edited by jpbone 10/31/2018 10:21 am
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Bedrock of the Community
United States
36800 Posts |
I sold at coin shows for many years. Renting a table is only the start of the cost. You'll need display cases (can't leave coins on a table open to the public), good lighting, cost of travel, food, etc. Best to have someone with you that you trust so that you can take bathroom breaks. Then there is security. If you have anything of great value thieves have been known to follow dealers after the show and hit them when they stop somewhere for food or gas. Your best bet is selling on the Internet, either ebay, eCrater or another such site. It's more cost effective, you'll have a bigger audience, and in the safety of your own home.
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Moderator
 United States
188877 Posts |
Quote: Thanks jbuck! I wasnt thinking. No problem. 
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Pillar of the Community
United States
3843 Posts |
I live fairly close to a monthly show that usually has 20 to 30 dealers setup, most of whom are part-timers and collectors trying to disperse their holdings. I don't know the exact table rates but I'm fairly sure it is in the $50-100 range per table. Often I shocked by how little some dealers have out on their tables (both quantity & quality) but it must work out for them to keep doing it. You will have to decide if you want to sell to dealers at discounted rates or hold out for collectors.
GR58 had a topic on this subject not too long ago I think. You may want to read the insights on that thread.
Edited by Joe2007 10/31/2018 9:16 pm
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CCF Advertiser
United States
1533 Posts |
The case thing is the easiest part of it. Buy them here and they will deliver to your doorstep https://aluminumdisplaycase.com/You will need to price things near greysheet bid or they won't sell. If you have been buying at retail for a long time, this may be a problem. If you have everything locked in cases, you can take bathroom breaks or wander the floor. You will not end up selling out if you have things correctly priced, but of course if you use 1973 pricing on coins because that is when you bought them, the dealers will buy everything you have.
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Moderator
 United States
188877 Posts |
Quote: GR58 had a topic on this subject not too long ago I think. You may want to read the insights on that thread. Here you go... http://goccf.com/t/326995
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Pillar of the Community
United States
840 Posts |
You might very well enjoy setting up a table to sell your coins. Even with the cost of renting a table, buying display cases, travel, etc.... the thrill of being on the other side of the table might be worth the costs. (Selling on-line has costs and takes time too.) So, imagine yourself at a show, behind a table with a beverage in hand. Now imagine listing your coins on-line, taking photos, packing items, etc. I can't say which one is more profitable - but I can ask "Which would you rather do?" Just my Two Cents! And yes - why not do both? Just make sure you update your online sales to reflect anything you sell at a show.
Edited by jeffbuckes 11/27/2018 1:53 pm
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CCF Advertiser
United States
1533 Posts |
In Michigan table costs are about $65/show. I don't see it as do ebay/online or shows. Why not do both?
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Valued Member
United States
372 Posts |
If you have a Local Weekend Flea Market, you can Rent a Table for under $ 20.00 , most likely. Show Cases are Nice for added Security. And Then if you want something extra for easy setup and carrying you might want a Coin Case with tray's. I have seen Dealer spending Hours Setting up and Down at show, The pictured Carrying Case and Trays holds over 300 coins and you can put a Sold Disc in the holder when one is sold, Note : These Trays are Sturdy and not Plastic   
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Bedrock of the Community
United States
20753 Posts |
So much depends on where your at and if you have help. By me we have about 3 to 4 coin shows a Month and usually all on Sundays. Tables rent for $50 a day. You have to supply your own lighting if necessary, display cases, have enough change for people with large bills. It is not necessary for a person next to you to watch your property so you should have a helper so you can go to a washroom or get a cup of coffee. You need some type of cabinet or something to bring it all in at one time. Flea markets are not a great place for selling coins. At one large one a dealer had several display cases on a table full of coins. Kids came by and grabbed one of the display cases and ran off with it. He knew if he chased them, others would have probably taken the rest. He and many other coin dealers after that never came back there. For small amounts of coins, possibly ebay or here would be best.
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Pillar of the Community
United States
3843 Posts |
I have relatives that set up at flea markets that I have assisted on several occasions. One of the most tedious things is the time you need to invest in setting up and tearing down each day. Sitting behind the table and chatting coins all day may be enjoyable but there is a ton of work to get everything ready to go.
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Pillar of the Community
United States
3657 Posts |
Just a couple thoughts from a small potatoes part time dealer. My wife and I do local and small regional shows a couple times a year. The table costs are reasonable ($50-$70 for the smaller shows). We picked up some used display cases several years ago and they didn't cost a lot ans still work fine.
There are quirks with the smaller shows. Foot traffic is sometimes weak. The shows sometimes are competing with other shows, like gem and mineral shows or art shows. The cross traffic at those shows is interesting. Security at smaller shows can be weak. (Mr. Smith and Mr. Wesson provide ample additional security, though.) The local shows have a lot of regulars, and we've always had good luck with people we know (including longtime customers or sponsoring club members) who are willing to keep an eye on things for bathroom breaks. Most shows have fast food places onsite or nearby and some of the bigger shows even have food carts or caterers.
Frankly the biggest hazard with any show is coming back with more inventory than we brought. My wife helps curb that risk (she can have a fairly strong way of saying "no" without speaking), but I still buy at the shows, too. The horse trading with other part time dealers is fun and productive.
We don't always bring a lot of inventory. Controlling what we bring controls the size of table we need and the setup time. It depends on the show and on the type of foot traffic we expect. We do bring plenty of cards and take lots of email addresses for followup.
Start small. Do a local club show with people you know. It's fun, even if it isn't a big money maker.
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