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Attending Your First Coin Show?

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Pillar of the Community
matthewvincent's Avatar
United States
3486 Posts
 Posted 01/30/2014  10:25 am Show Profile   Bookmark this topic Add matthewvincent to your friends list Get a Link to this Message Number of Subscribers
duncanbishop24, a young man from Vermont, attends
a university here in Connecticut. And he has never been
to a coin show. He has a lot of questions as to how to prepare. I am sure that he is not the only collector
who needs our help.

So, this topic will attempt to answer these questions.
It is open to both new collectors and experienced coin show goers.

Please consider helping.
Bedrock of the Community
United States
20753 Posts
 Posted 01/30/2014  10:33 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
This has come up many, many times. There are a few on this forum that know how to find and bring up old posts. Sure hope they find this one and make a link to some of those. Some posts were extensive in suggestions and ideas.
One odd thing about coin shows is out of all the sub forums in this web site, there is NO place to list new coin shows. A place for old ones but no place for new ones.
Would be nice to have a separate place for all coin shows since so many ask about them.
Edited by just carl
01/30/2014 10:39 am
Valued Member
woodcr's Avatar
United States
403 Posts
 Posted 01/30/2014  10:45 am  Show Profile   Bookmark this reply Add woodcr to your friends list Get a Link to this Reply
general advice, 1st coin show, prepare, prepare, prepare, make a definitive list, stick to it, walk the whole show before buying, do not spend more money than you can afford as this will cause problems with bills and spill over to not wanting to go again
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John1's Avatar
United States
56855 Posts
 Posted 01/30/2014  10:45 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Type first coin show in the search box upper left of page and read up.
John1
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12264 Posts
 Posted 01/30/2014  10:54 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
there is NO place to list new coin shows

How about the Show Calendar area? It is used to list new, upcoming coin shows.

Am I missing your point?


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
01/30/2014 10:55 am
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Jaymon74's Avatar
United States
844 Posts
 Posted 01/30/2014  11:00 am  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
Awesome thread! I'll be attending my first coin show on

Feb 16th! I'll subscribe to this thread and hopefully

some links to the mentioned threads will be posted. I

agree that a list of upcoming coin shows would be nice. I

finally found a list by Googling "coin shows". That's how

I found one coming up to go to. I'm pretty excited! I've

saved up a few hundred just for this. I've had a list

made up for quite a while of what I'm wanting.

One thing I was wondering, do the coin dealers at coin

shows negotiate on prices? I've had luck with that at LCS

and that's how I'm able to afford what I've gotten thus

far.
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Jaymon74's Avatar
United States
844 Posts
 Posted 01/30/2014  11:06 am  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
John1, I must've been typing my reply when you posted. Thanks!

commems, I couldn't find it when I was trying to find one. I too thought I'd seen it before on here.
Valued Member
United States
211 Posts
 Posted 01/30/2014  11:17 am  Show Profile   Bookmark this reply Add JimmyJames to your friends list Get a Link to this Reply
I've only been to a handful of coin shows and I have one problem that's fairly consistent. Dealers seem to get annoyed when I offer prices that are consistent with historical auction prices. I get, "That's even below dealer's price!" And I want to ask, "Why do I already have thirty I bought for that price even though I'm not a dealer?" I dont because I want to be respectful, but it prevents me from making purchases. Another popular comment is to mention how hard to find a particular coin is, without failing to mention how hard to find dark side collectors can be.

Its worth noting that I buy almost exclusively European coins. And my problems seem to stem from the fact that Krause is overpricing those coins even though Krause is supposed to reflect actual prices. I've been forced to only be able to buy series that are appropriately priced in Krause, or so cheap it doesn't really matter.

The typical advise is to walk away, and I do, but before I know it I've walked away from every dealer at the show (that has the coins I want). Is this a common experience?
Pillar of the Community
United States
1554 Posts
 Posted 01/30/2014  11:44 am  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
Go with a list of coins you want, bring a price guide, be polite to dealers, bring cash.
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jbuck's Avatar
United States
188110 Posts
 Posted 01/30/2014  12:12 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
How about the Show Calendar area? It is used to list new, upcoming coin shows.
Correct, Coin Shows, past, present, and future, are found here...

http://www.coincommunity.com/forum/...FORUM_ID=119

Remember, this is member generated content. The staff is not finding and posting every show out there.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 01/30/2014  12:59 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
One thing I was wondering, do the coin dealers at coin
shows negotiate on prices? I've had luck with that at LCS
and that's how I'm able to afford what I've gotten thus far.

Yes you can. Personally I don't like haggling so I just ask what they need for the coins and typically you get about a 10% discount. Not always be that seems to be common.

Probably the best way to find coin shows is to google your state organization. Most states have a state numismatic organization. Try (Your state name) Numismatic Association or Numismatic Society. You will usually find a website and they will almost always have listings of all the clubs and shows in your state. These lists tend to be kept much more up to date than listing on places like coinshows.com or the ANA website. If you live close to a state border google the neighboring states association as well. You might find close by shows in the next state over.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/30/2014  1:22 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Yes you can. Personally I don't like haggling so I just ask what they need for the coins and typically you get about a 10% discount. Not always be that seems to be common.


Use the term "cash," as well.
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BStrauss3's Avatar
United States
4589 Posts
 Posted 01/30/2014  6:29 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
I would suggest looking for just one thing, maybe something that's on your list, but not impossible, just difficult...

That way you can visit a lot of dealers and see a lot of things and learn an awful lot that way. If you go with a big list, you may well find a dealer with a lot of it and spend a lot of time and $ and then realize the other 90% of the dealers also had choices.

I usually make two passes around the room, sometimes three. The first pass I'm looking for things on my list (often several dealers will be busy and rather than wait I'll pick then up on the 2nd pass). Then I do another pass looking at everything I overlooked in my focused pass(es).

Also understand unless it's a small show and you spend a lot of time, you won't see everything. That's OK.

As for haggling, most dealers will - if asked - knock off 5 or 10% the written price - if nothing else they don't have to pay the ebay fees although they did have to rent the table and drive to the show. Other dealers don't have prices on the 2x2s or slabs and have to look it up on the Gray Sheets. If they look up using Coin World, expect them to ask for about 75% of that - if they ask for 100%, IMHO they have an inflated sense of the value of their merchandise.

-----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/
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 01/30/2014  6:57 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If you don't have a great financial resources a budget will loom prominent.
Easy to control spending: Leave your credit / debit card at home. Figure out what you can afford to spend and take that limit, IN CASH.
That way, you won't blow your budget.

When you get there, have a good look around as to what is available, and what you can afford. Keep a note on every item that interests you, and it's price.
When you have reviewed the whole show, go back to those items that attracted your interest, and negotiate on those.

If there is an item which you like but cannot afford to buy, take careful note of it, AND IT'S CONDITION, and the dealer's business card.
Once you have established personal contact, it is then much easier to negotiate over the 'phone at a later date.
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matthewvincent's Avatar
United States
3486 Posts
 Posted 01/30/2014  9:12 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
First, many thanks for all of the replies so far. I plan to meet duncan
and also paddy murphy ( if his wife lets him) for a impromptu CCF meeting.

And as the CCF will be supplying handouts for the kids and flyers
I believe that we members will be treated well. I'll see what elfin magic I can perform.
Amazing what a little preparation and a a LOT of chutzpa can accomplish.
The organizer is pleased with the efforts of the CCF to help.
It's a club and not a commercial show.
Sunday, March 23, 2014
9 am - 3:30 pm
Prospect School Gymnasium
corner of Prospect and High Streets
Willimantic, CT

http://www.mansfieldnumismaticsocie...coinshow.htm








Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 01/30/2014  9:53 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I have met a couple of American CCF members at a coin show in Sydney. They had come to Australia to attend short university courses.

Ended up having quite a chin wag with them!
Mate-ship now comes internationally!
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