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Replies: 13 / Views: 1,704 |
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Pillar of the Community
United States
979 Posts |
My first coin show this sunday!      I have never been to a coin show before. I'm going to one in auburn NY this sunday. Anything I should be on the lookout for? The info I have is: Its an annual coin show, should be well attended There will be 17 vendors there's a 50/50 raffle, $1 tickets, coin prizes anyone can buy/sell/trade coins I will be looking to do any buying/selling/trading as long as its a good deal Thanks for any info!
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Pillar of the Community
United States
9792 Posts |
17 vendors sounds like a pretty small show. Take your time looking at coins, chat with as many dealers as you can, don't jump on the first things you see, there will be more I promise (there always is). Have you read Coin Show etiquette? Read through these threads: https://goccf.com/t/132743https://goccf.com/t/154903Don't forget a loupe or magnifier! Jot down a small list of stuff you are interested in, a coin show can get overwhelming to some first timers. Also jot down the grades and prices you might be willing to pay for each piece. Take a few coins of your own that you might want to trade or sell, or even just to show off or get opinions from dealers as to grade, authenticity, etc. Most importantly Have FUN!
"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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Moderator
 United States
16677 Posts |
^ Could not have said it better :)
swcoin.ecrater.com
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Bedrock of the Community
Canada
11922 Posts |
A fun thing to look for is old coins in junk bins, like anything below. I found one from 1723 for 10 or 20 cents (old for me is anything below the 1920s).
Edited by Joseph7420 10/25/2013 09:01 am
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Pillar of the Community
 United States
4589 Posts |
Definitely know what you want and keep the list manageable. The smarter buyers are looking for some dates in a series or even just 1 or 2 specific coins.
I watched a gentleman who had brought three coins from his typeset he was looking to trade up. He carefully checked his coin and the proposed purchase several times to be sure HE would be happy, then asked the dealer for a price. I left before the deal was done, but for $80 he was going to get a solid one grade up on one coin and 1..1.5 on the other. But he knew what he was looking for.
Also, take the opportunity to see things. My interest is a thinly traded series, so coin shows offer me the only opportunity to see more than 1 or 2 at a time. A show is a GREAT opportunity to continue to train my eye as to grading this series. Even a small show, where there may only be five or six in the whole room, that's 5 or 6 of the 42M that I've never seen before.
-----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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Pillar of the Community
United States
1373 Posts |
westcoin nailed most of the things necessary for a 'good' visit to a show.
I would add that you should make sure you budget enough time into your visit. Don't expect to find everything you're looking for in 15-20 minutes; prepare to spend at least an hour or more for a good search. Sometimes you can get better deals towards the end of a show if a dealer hasn't done well so far, but there will also be dealers who have made their money by then and don't need to 'deal'.
Also, though it sounds contradictory, make your want list as concise as possible with the most information as possible. DON'T bring a 3-ring binder with 20 pages of lists to go through. A small notebook (4" x 6" or so) will work out much better as normally there will not be much room for you to 'lay out' your lists.
I bring a small satchel that I wear off my shoulder to keep coins I buy in. If you need to buy any bulk items (books, albums, pages, etc.), save buying those for last or take them out to your car and come back in to the show. Carrying around large bags can be annoying for both the dealers and you.
Lastly (actually this should be first on the list), be polite. Being gruff will not get you better treatment from dealers. Things like "please", thank-you", and "would you mind.." go a long way to make transactions better. Also, though most dealers are friendly and helpful and willing to chat if they are not busy, there might be one or two having a bad day who might put you off. Don't escalate it; just move on.
And as said before, HAVE FUN! Even if you don't find a thing you're looking for the things you learn will come in handy down the road. Sometimes I look at things I have no intention of buying, like paper money or foreign coins, just for the knowledge value.
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Pillar of the Community
 United States
979 Posts |
I want to look for typeset pieces. Common date, but decent details. I don't know how to price a lot of items until I sit on ebay for 30 minutes per type. Looking for really only US typesetting. Any advice on nice pieces that can be gotten between $30 and $70? Maybe a bit more?
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Pillar of the Community
United States
1745 Posts |
- Have fun. - Take your time. - develop a plan and stick to it, but I usually throw out my plan after I see the first shiny object. - Have a budget and don't spend more than you can afford - Be polite and cheerful. - I like to rummage through the junk bins (this would not be on my plan) - Get to know the dealers. If it is a small show, chances are you will be seeing them again.
Let us know how it goes.
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Pillar of the Community
 United States
979 Posts |
Rummaging through junk bins is on my to do list actually! Some dealers with give a good deal if you buy in bulk. Maybe toward the end of the day prices will get looser?
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Pillar of the Community
United States
8516 Posts |
Don't be afraid to dicker with them on prices, that's half the fun !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Bedrock of the Community
United States
20753 Posts |
Don't know if you ever go to flea markets but a coin show is basically a speicalized flea market. Your expected to haggle prices. Never pay what a dealer is asking. Always say what is your best price, what is you lowest price, etc. Every dealer I've ever met always raises their prices for a show knowing full well that people will haggle down anything they ask.
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Pillar of the Community
United States
8137 Posts |
If you do not know the prices on things, may I suggest getting a Red Book while you are at the show. Be sure to bring a loupe a magnifying glass ( I use a a 5X and it works great). Be sure to haggle with the dealers about the price (this is my favorite part) and hit as many dealers as you can (my coin shows have about 100+ dealers so this is impossible for me) As mentioned before have fun!
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Pillar of the Community
United States
5202 Posts |
Edited by jack jeckel 10/27/2013 9:52 pm
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Pillar of the Community
 United States
979 Posts |
I didn't have a book, and my internet wasn't working on my phone. I used it as mostly a learning experience and made some good friends. I bought a few items, and 1980 proof set for $5, and a 1990 proof set for $5. I also got a 1942 1 reichphenning coin for a buck and some change, 100 coin flips for $3
BUT!
The best deal of all Is the coin a won from the raffle! I'll get a video and some pics up soon. :) (yeah, you can handle the suspense :P)
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Replies: 13 / Views: 1,704 |
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