Coin Show Observations Part Deuce

So I went back to the ARC coin show in Independence MO this past Sunday.

I was trying to get my mind around why I left empty handed (except for some circulated Mercury dimes)during the last show. This time I was more familiar with a few of the dealers. I was also armed with more knowledge of what coins sell for at auctions and so I was less reliant on my smart phone.

Observations:

-Seems that many of the dealers are focused on overpriced smaller ticked items. For example, the dealer that put on the show had 4 large tables filled with coins. On closer inspection, the majority of his coins were lower grade coins placed in 2x2s. His barber halve selection ranged from vg-vf and are the types of coins I can buy for $7 in bulk from the jewelry store. He had them marketed up to $15- $18 a pop.

-Each dealer was selling some type of silver bullion. I saw many transactions take place.

-Morgans were king. They comprised the majority of shelf space. I've lost interest in the series so it doesn't do me any good.

-The early graded stuff (my area of interest) were insanely overpriced.

One dealer had a nice 1795 small eagle dollar graded by NGC for $5,500. I remembered the coin and the dealer from the last show. He told me he would sell it for $5,300. Well, the highest price paid for one in that grade was $3,700. I moved on to his two raw 1799 dollars. Inspecting the first one I noticed that their was damage in the hair. Something had pressed down on the coin causing it to become indented. When I pointed this out to him, he acted like it was the first time he noticed. He wanted $1,600 for the coin. The second coin was in a lower grade but had hairlines. He was asking $1,400. I walked away.

Another dealer had an 1860-0 Seated dollar in au-55 by PCGS for $1,300. This is a common date but one that I didn't have. The surfaces were original but these sell for $700 - $800 at auction. I walked away.

Another had a 1795 large sent graded vg-20 corrosion by ANACS. Despite the damaged it had a lot of detail. He wanted $1,600. I walked away.

Another had an 1806 quarter with nice toning and a green bean. I can't remember the grade but he was asking $2,200. I checked auction sales on my smart phone and ran away.

The only one that I might have bought was a damaged 1850 raw Seated dollar. It had good details. Some type of machine had indented one side and caused the other side to protrude slightly. He wanted $300 for it but packed up and left before I got back to his table. I got there late.

So I left empty handed again. Not having have much luck with these. Though I did find out about bigger currency show at Kemper Arena on June 8th and 9th. They said there will be plenty of coins.