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Attended A Gun Show Today....and A Coin Show Broke Out

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acloco's Avatar
United States
3540 Posts
 Posted 01/21/2012  11:39 pm Show Profile   Bookmark this topic Add acloco to your friends list Get a Link to this Message Number of Subscribers
Yearly gun show at a small town an hour away that always has an excellent turnout for dealers and customers. We arrived promptly at opening time and started to browse all of the tables. There is a couple items on my list of iron to own, but, did not see any of these creatures here. Nothing special, just modern fun that I wish to own.

Low and behold, a knife/etc dealer had rented 10 eight foot tables for the weekend. Dead center of his tables were two display cases - three foot by three foot. First items I noticed were 60-70 rolls of UNC red Lincoln Memorial cents dated 1960 to 1970. There were three 70 S rolls in the lot, that now reside at my house. Absolutely blazing beauties. Price was $5 per roll of the large date variety.

In the mid to upper half of the right display case resided three paper wrapped rolls of circulated Washington quarters labelled 41/42, 44/45, and 51/52. Looking around the case further revealed two plastic tubes, approximately half full, of Standing Liberty quarters. About half did not have dates. ONE of these were a type one. Of course my heart skipped a beat. I did not bring a loupe. Person with the tables had a magnifying glass that must have been out of magnifying fluid - I don't think it could have been more than 1.1 magnification value...IF that. :)

Inquiring further about coins, he said, well, come around and sit in a chair, as I have LOTS of coins below the tables. I looked through no less than eight 1909-1940 Lincoln books, ten 1941-1975, two Buffalo, two Indian Head cents, & one V nickel. I only scratched the surface of what he had.

He had a couple 1909 S VDB's (in VG & G...at best), three 1909 S (two were G, one was unc/woodie/fingerprinted), two 14-D's (one in fine, other in G), & two 1877 IHC's (one in VG, one in G at best).

I did purchase five Lincolns - all in AU brown - 1911 D, 1912 D, 1913 (NICE!), 1919 D, & 1919 S. I only need the 11 D, 19 D, & 19 S for my set, so they were easy to pick out of the bunch. I wanted a 21 S in XF/AU, until removed from the album...and found the mush of a strike on the reverse - passed on it. I also picked out four more - 27 D, 27 S, 28 D, 28 S...all were 62 brown, but he wanted $125 for the four. Bit rich for my blood for those coins.

Of interest, he uses Red Book for pricing. ARGH! Did not try to give advice, just pointed out that the five coins I wanted were AU at best, not MS as the sticker on the outside of the Whitman album suggested.

He shot me a price on the 09 S VDB and 09 S. I purchased the five single Lincolns & three rolls of UNC 70 S that I picked out and walked around for another 20 minutes. Back at his tables, I countered his earlier offer, but he declined. The 09 S is easy to pass on, as he valued it at 250. This coin will always be a problem coin and I doubt it would slab. The S VDB was a nice, problem free coin, but his value was a grand. Sorry, it is just not worth that much.

But, all in all, the 90 minutes that I spent browsing the books was a lot of fun. I so wanted to find some XF/AU/MS brown Lincolns, but they just were not there. Note to self, ALWAYS bring a LOUPE and a price guide....even to a gunshow.
Edited by acloco
01/22/2012 12:26 pm
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ContraJame's Avatar
United States
292 Posts
 Posted 01/22/2012  12:40 am  Show Profile   Bookmark this reply Add ContraJame to your friends list Get a Link to this Reply
Did the adrenaline kick in when you first saw the LMC rolls? Or when he asked you to come sit down? My poker face would've been worthless.

Waiting for pictures. (:
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BadThad's Avatar
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19931 Posts
 Posted 01/22/2012  01:42 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
HAHAHAHA....sweet!
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westcoin's Avatar
United States
9792 Posts
 Posted 01/22/2012  02:14 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Nice! Yep take a loupe "Be Prepared"
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 01/22/2012  05:39 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Great story, acloco, I would have fainted if I had seen all those in one place.
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John1's Avatar
United States
56855 Posts
 Posted 01/22/2012  06:05 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Can you post some pics? I like the Lincolns from the teens.
John1
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upstate's Avatar
United States
3278 Posts
 Posted 01/22/2012  08:01 am  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Sounds like a lot of fun, to bad his prices weren't a little better.
I avoid gun shows because they make me
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GR58's Avatar
United States
11951 Posts
 Posted 01/22/2012  08:16 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
It is nice to know there are still some higher grade LWC out there .. available.
Too bad his prices were a little high.

Nice that you got a few of them
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ram96's Avatar
United States
417 Posts
 Posted 01/22/2012  08:22 am  Show Profile   Bookmark this reply Add ram96 to your friends list Get a Link to this Reply
I had the same experience happen to us at a local gun show last year. Pleasant surprise.
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biggfredd's Avatar
United States
9104 Posts
 Posted 01/22/2012  09:54 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
For decades, the best monthly coin show was the gun show and flea market at Washington CH, Ahia. There was a three-year waiting list for an indoor table, and it wasn't unusual to have 50-100 people set up outside when it was 20° out. When it was cold enough to keep the doors shut, you couldn't see the other end of the room for the smoke.

One month Leon (Silvertowne) was relaxing on a couch they made from 100-count boxes of proof sets behind their table.

Summer shows were incredible, with at least 1000 dealers, sometimes pushing 2000. You could make money just vest pocketing, like the time I bought ten tolls of silver quarters for $25 per, and sold them inside for $29.
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lincolncentguy's Avatar
United States
809 Posts
 Posted 01/22/2012  10:32 am  Show Profile   Bookmark this reply Add lincolncentguy to your friends list Get a Link to this Reply
Thats cool that you found all those coins there...but I dont get it...why are there coins at a gun show?! I guess I better pay attention when the next gun show comes to my area!
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coincollect1's Avatar
Canada
1731 Posts
 Posted 01/22/2012  10:39 am  Show Profile   Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
nice bigfredd
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Fatboy's Avatar
United States
313 Posts
 Posted 01/22/2012  11:14 am  Show Profile   Bookmark this reply Add Fatboy to your friends list Get a Link to this Reply
I think you will find this a lot,a lot of cross over with people that collect coins,guns,stamps,knives,small toys,etc.I have found don't be afraid to make offers to these guy's they just want a profit from what they have invested not what a book says.Just my .02
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United States
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 Posted 01/22/2012  12:04 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Thats cool that you found all those coins there...but I dont get it...why are there coins at a gun show?! I guess I better pay attention when the next gun show comes to my area!

Far from unusual. At almost all coin shows I go to there are people selling jewlery, knives and at one, old Indian Artifacts. At one of our gun shows too there are people selling jewlery, coins, stamps, knives, swords and blow guns. One of our constant coins shows is advertised as a Card and Coin show. I've never seen one person selling any Cards of any kind though. By me we have knife shows, dog and cat shows, electronic shows, camera shows and on and on and at all of them I find other stuff for sale. Why not?
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SilverEye's Avatar
United States
318 Posts
 Posted 01/22/2012  1:43 pm  Show Profile   Bookmark this reply Add SilverEye to your friends list Get a Link to this Reply
That was a fun story, you got a knack for storytelling.

There's no guns I want right now, but I guess I'm going to the next gun show anyways!
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acloco's Avatar
United States
3540 Posts
 Posted 01/22/2012  5:30 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
Pictures shortly.....went back today.
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