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Attending Your First Coin Show?

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BStrauss3's Avatar
United States
4593 Posts
 Posted 02/04/2014  1:43 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Go for it - MANY dealers will have a discrete (or larger) we buy sign.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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matthewvincent's Avatar
United States
3486 Posts
 Posted 02/04/2014  8:06 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Paddy, most dealers are willing, and trading is an accept practice.
I like to offer a trade plus cash. Often readily accepted.
We can meet up informally, introduce ourselves, and just have fun.
A presence of the CCF on a regional level is still in its infancy, so I thank you all
for expressing an interest in attending.
No need to upset the organizer as we will be his guests.
And we must be on our best behavior.


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Jaymon74's Avatar
United States
844 Posts
 Posted 02/16/2014  8:34 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
What a great day! Just got home from my first coin show! Thank you so much for the tips for coin shows. I took my want list and got almost everything I was looking for.

I did do some haggling on coins, and was really surprised at how willing the dealers were to make me happy. I bought quite a bit from three separate dealers. I negotiated with all three. Two actually gave me more than I asked. One gave me a book of my choice, the other took $9.00 off my total. Can't wait for the next one!



edit. I used the word bartering, when I meant negotiate.
Edited by Jaymon74
02/17/2014 09:13 am
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matthewvincent's Avatar
United States
3486 Posts
 Posted 02/17/2014  12:03 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Jaymon74,
You will know that you have "arrived" when you show interest at a coin marked $32
and the dealer says:
"For you, $25."
without you asking!
I also suspect that the next time these dealers see you they will treat you even better.
Dealers and collectors need each other, and once you have established a level of mutual trust
the negotiations can be quite pleasant.

Instead of counter-offering a price I often say,
"What is your best price on this?"
Unlikely that the dealer will go lower.
Oh, and if you REALLY love the coin do not be afraid
to accept the deal.
Better than to lose out.


Edited by matthewvincent
02/17/2014 12:07 pm
Bedrock of the Community
United States
20753 Posts
 Posted 02/17/2014  12:07 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I did do some haggling on coins, and was really surprised at how willing the dealers were to make me happy.

And remember that. As I posted earlier, most dealers raise their prices in order to lower them when people start haggling, bartering, or whatever. As I said one dealer I know raises all his prices by 20%. He makes so many people happy when he lowers the price of a coin by 20% which gets him what he wanted in the first place. I only feel sorry for those that pay full prices.
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Jaymon74's Avatar
United States
844 Posts
 Posted 02/17/2014  6:26 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
My approach was, "is this price the best you can do?" On a few they came down a little, when they saw me lose interest in the coin, they did much better. It was a great experience and highly recommend others to attend a coin show. Everyone was really nice, and following the advice here made the time there well worth it.
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duncanbishop24's Avatar
United States
898 Posts
 Posted 02/17/2014  6:39 pm  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list Get a Link to this Reply
I'm worried about when I go because I just got back into collecting the last week before I left to go back to school.
That said I never made a list of what I had/needed because I had my collection on hand. So basically when I go to this coin show I am going to have 1 week to catalog everything and decide what I most want to tackle as far as a want list.

As far as want lists can they be as long or short as you want? Thanks.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 02/17/2014  6:57 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
They can be as long as you want them to be. There is no minimum or maximum.
Edited by CoinCollector2012
02/17/2014 6:57 pm
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Jaymon74's Avatar
United States
844 Posts
 Posted 02/17/2014  7:01 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
I took two full notebook pages separated by category. Mine were pretty easy though. Wheat pennies and Jefferson nickels. As I found what I wanted, I just marked them out. Also, if they had multiples, I bought the one I liked best. I think focus is important. There was so so many coins there that it could be overwhelming without focus. Something I did to stay focused, was to not look at anything else at the table until I was done buying what I was there for. I ended up buying 4 coins not on my list.

This show had 17 booths, I can't imagine what a huge show would be like.
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duncanbishop24's Avatar
United States
898 Posts
 Posted 02/17/2014  7:39 pm  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list Get a Link to this Reply
Do non-slabbed, silver coins that are VF-XF traditionally sell close to spot at shows?
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duncanbishop24's Avatar
United States
898 Posts
 Posted 03/19/2014  12:31 am  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list Get a Link to this Reply
Matthew, Under a week away!!

This week is the first I've been with my coins in a long time and there is so much I want to buy/grab. I sometimes need to tell myself its a life long thing. It's just hard to decide if I want to start a new collection (Franklins) or fill holes in my current endeavors (Jeffersons and IHC).

Definitely going to be leaving the show with an ASE or Maple Leaf, providing someone has one.

Which is one other question, is it safe to assume that at this show if I'm looking for an item, someone will have it?
And how do I know which booth has what?

Thanks! Getting Excited!
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Chute72's Avatar
United States
1314 Posts
 Posted 03/19/2014  01:53 am  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
Not touched upon, but of interest to, me is the use of cameras.
I've been to many gun shows, where there are some do's and don'ts.
But have never attended coin shows.
I would want to take pictures of new friends, specific coins, display techniques and show facilities.
What is considered proper etiquette?
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matthewvincent's Avatar
United States
3486 Posts
 Posted 03/19/2014  09:03 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Chute72,
Some common sense will get you far.
When you arrive, ask the organizers their policy on taking pictures.
If OK, and you want to photograph a display/coin:
"May I take a picture of your ..." will yield the answer.
Perhaps a given dealer does not want his/her picture taken, but will have no problem
with you taking pictures of their display.
If you want a general picture of the floor, and/or take a picture of new friends,
put a discreet distance between you and the floor.
"May I?" will work wonders for you, and coin etiquette is appreciated by everyone.
Oh, and show the photo to the dealer to make sure.
Bedrock of the Community
United States
20753 Posts
 Posted 03/19/2014  09:23 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Not touched upon, but of interest to, me is the use of cameras.
I've been to many gun shows, where there are some do's and don'ts.

Bring one but make sure you ask. Most places will not allow photos of what is there for safety purposes. Most dealers too do not like someone taking their photo. It is just not safe. Also, many people pay with a check and most have personal info on the check. Again, taking a photo of a person using a check may get you thrown out. IF you go to gun shows, knife shows and coin shows you will seldom ever see a camera. At one show I go to a security guard will rush over to people with a phone since so many have built in cameras and tell them to either take it outside or just leave.
Pillar of the Community
United States
1554 Posts
 Posted 03/19/2014  09:47 am  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
Cameras are a strict no-no at coin shows and will most likely get you bounced unless permission is granted and that would be doubtful. I observed a man walk into a show last year with his video camera running and pointing at dealers and their displays and he was physically removed.
Edited by 1893S
03/19/2014 09:49 am
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