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At A Coin Show Today

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 21 / Views: 3,354Next Topic Page 2 of 2
Pillar of the Community
United States
592 Posts
 Posted 05/08/2011  8:07 pm  Show Profile   Bookmark this reply Add Billie to your friends list
For some reason the local coin show was today...no I could not attend due to obligations.
Bedrock of the Community
United States
10047 Posts
 Posted 05/08/2011  9:08 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
Wow - 2 to 4 a month! I would like to be able to do something like this but don't think it will ever happen.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
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Bedrock of the Community
United States
20753 Posts
 Posted 05/09/2011  07:44 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
I'm surprized they had it on Mothers day.

The main 3 coin shows around me go on all year long regardless of Holidays or anything. At one show they extend it longer if it falls on Christmas. I think if the building was burning down, the coin show would only be moved to a part of the place not burning.
Wind, rain, snow, hail, tornadoes the show must go on.
Valued Member
United States
296 Posts
 Posted 05/09/2011  11:17 am  Show Profile   Bookmark this reply Add Bowfin to your friends list
I'm also fortunate enough to have a show almost every Sunday. Sometimes there are 2 shows on the same day. But usually we're good about avoiding holidays.

The last show on the 1st, when silver was at it's high before it plummeted that night, there was absolutely no shortage of silver. There was literally a glut. What ever it was you were looking for, it could be found.

When silver dropped through the week, I made a few calls to some dealers who set up at these shows and they claimed they were sold out.

Horse Hockey. This same thing happened a couple of years ago when silver first touched $20, and then fell to below $10. If there was no "shortage", it was obscene premiums that literally doubled the price.

There is no way they moved that quantity in that short of time. I'll bet the farm when the price shoots back up they will have the same items, in quantity, sitting on there tables.

Now I know what's going on, and I'm cool with that. But don't insult me by lying to me. Bottom line, they have a bunch of inventory they don't want to sell at a loss. I would do the same thing. Just be honest.

One thing that is not cool, is that dealers are bumping up the "numismatic" value ahead of the melt values. Artificially inflating there true collector value.

Junk Peace and Morgans could be had for $16-18 each last year when they melted at $13-14. When they started melting at $18, they were asking $22 or more. At the last show they were melting at $36, they were asking $40... It seems they have a value of $3-4 above their melt. Regardless of what that is.

$12 dollar Walkers last year, were $20 coins this year, even though their melt was was far less.

I'm curious to see what happens this Sunday now that silver has dropped so much, if it's still there by the end of the week...
Pillar of the Community
United States
1348 Posts
 Posted 05/09/2011  12:16 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list
I don;t have hardley any coin shows within a decent range of wher ei live to attend
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United States
189767 Posts
 Posted 05/09/2011  2:57 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I overheard things like "all those Ike dollars I will give you only face value" There were about 100 of them.
I would have given her more than face.
Bedrock of the Community
United States
20753 Posts
 Posted 05/09/2011  3:13 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
I would have given her more than face.

I was seriously thinking about butting in and making much better offers on everything. But then I see that dealer all the time at many shows and at his store so I didn't want to burn any bridges.
What got me was no one was even looking at dates or mint marks, just the type of coins.
Rest in Peace
United States
9104 Posts
 Posted 05/09/2011  5:57 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list
We used to do 40 shows a year before the coin market collapsed.
Bedrock of the Community
United States
20753 Posts
 Posted 05/10/2011  09:03 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
We used to do 40 shows a year before the coin market collapsed.

You just have to move to Illinois. Some of our coin shows are so crowded I have to leave since even getting through aisles is to slow. Some dealers have so many people by their tables I can't see what they have.
With 3 standard coin shows a Month, many, many large ones all over the area and people are not just looking, they are selling and buying. Flyers on tables for shows such as June 30 to July 2, Sept.8 to 10 and lots of others.
If any coin market collapsed, no one told people around here yet.
One dealer I know real well told me he clears in the 6 digits every year. That is his only buisness and only coin shows. Of course what people say and what is real is possible two different things.
Edited by just carl
05/10/2011 09:06 am
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189767 Posts
 Posted 05/10/2011  11:37 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
You just have to move to Illinois.
I most definitely have to get back that way soon. I have not visited the area in thirteen years now. I would love to check out some of these shows.
Valued Member
United States
260 Posts
 Posted 05/10/2011  1:53 pm  Show Profile   Bookmark this reply Add HeadsIWin to your friends list
I asked a coin shop near my area if there are any monthly coin shows in my area and found out there are three. I've been to two of the ones he told me about. It was FUN, FUN, FUN!
Pillar of the Community
1283 Posts
 Posted 05/10/2011  2:12 pm  Show Profile   Bookmark this reply Add throwbackid to your friends list
Carl,

Where are the good coin shows you go to in IL? I have been looking but it looks like slim pickings around here. Thanks for the tip
Bedrock of the Community
United States
20753 Posts
 Posted 05/11/2011  08:07 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Carl,

Where are the good coin shows you go to in IL? I have been looking but it looks like slim pickings around here. Thanks for the tip

There was another post about finding coin shows. And I explained they are all over the area but many, many are not well advertised. Such listings as in Coin World, Google, etc. for some reason just don't really list them all and I never could figure out why.
1st Sunday of every Month, Lemont, Illinois
2nd Sunday of every Month, Countryside, Illinois
3rd Sunday of every Month, Itasca
Tinly Park, Illinois, June 30, July 1 & 2, September 8 to 10th.
Usually the Countryside shows are just not advertised much and yet with 80 to 100 dealers, really should be.
Possibly more but as they get bigger, I stay away. My feelings are the larger the coin show, the higher the prices. Usually there are some of those in Rosemont, Illinois.
Those above are just outside Chicago. There are more South of that area.
Edited by just carl
05/11/2011 08:09 am
Valued Member
United States
327 Posts
 Posted 05/13/2011  4:52 pm  Show Profile   Bookmark this reply Add SPQR to your friends list
Wow, where I live there are three-five a YEAR within 100 miles.
Bedrock of the Community
United States
20753 Posts
 Posted 05/14/2011  7:33 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Wow, where I live there are three-five a YEAR within 100 miles.

Oddly there may well be more but are so lousily advertised, you may well be missing them. That used to be a problem arond me too but I kept on searching and found many that have been around but just not well advertised. If I used coin shows as noted in Coin World, Google, etc. I would miss about 1/3 of all coin shows.
Some areas have coin clubs and those put on small coin shows but not well advertised. Many coin stores and hobby stores too are involved in coin/stamp/hobby shows so asking them may get you more places to try. That is how I find so many in my area.
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