| Author |
Replies: 23 / Views: 2,218 |
|
Valued Member
United States
369 Posts |
There is a coin show coming up in October here in the East Texas area, (Greenville to be exact)and it will be my first. I've only been seriously collecting for less than a year, so does any one have any tips/advice for a beginner going to his first coin show? Any do's or don'ts? I don't plan on buying much, mostly looking, but you never know.  Thanks in advance.
|
|
|
|
Bedrock of the Community
United States
14454 Posts |
my first (and only) coin show was a huge one in Charlotte NC and it was the ANA show of money, I was overwhelmed with all the vendors and coins there to look at so if this is a smaller show you may not have the overwhelming experience I had at my first show. One thing, I found it hard to do was concentrate on what I was there looking for, so if you can make a list of what you are looking for and stick to that list you probably will have a better experience than I had when I went
|
|
Valued Member
 United States
369 Posts |
I have the same problem sometimes just at my local coin shop. I get in there and can't remember what I came for, or I get what I came for in two seconds and don't know what else I need. Luckilly, I still have time to figure it out.
Thanks
|
|
Valued Member
 United States
369 Posts |
Wow, Bryan1315, I just checked out your "My Dansco7070" link. That's impressive! 
|
|
Pillar of the Community
United States
2797 Posts |
Texas collector, I was at the Missouri Numismatics show this weekend in St Charles, MO and this was the first time I've been able to get near the tables on a Saturday. I took my list and spent about 3 1/2 hours going thru 3-ring binders and trays. I found quite a lot and made many checkmarks on the list. Then as I was ambling out the door I stopped at one last table ... big mistake! The first thing that drew my eye was a gorgeous Morgan $ in a 2x2. I asked the older gentleman if I could take a closer look. He obliged and I gave it good looking over. It was an 1878 7/8TF that was in 64+ condition and darn near DPL on both the obverse and reverse. It had a good chance to be in a PCGS or NGC MS65 DPL holder. It was also a VAM that I had been looking for ... a 41C "Bearded Lady". I asked "how much" and of course it was way over my budget ... the seller was firm on the price. He was also very friendly and polite. I asked him if he was knowledgeable in VAMs. He said only a little as he didn't have the time to invest in the study. Since he was so nice I let him know that his gem '78 was also a highly sought-after variety. I described the pick-up points on a VAM 41C as he looked it over closely with his loupe ... yup, yup, yup! In VAMWorld, Michael Frey and Jeff Oxman describe the 41C thusly ... "Examine a VAM-41-C and you see what VAM collecting is all about." My point ... sorry it took so long to get to it  ... if you conduct business on the bourse with a smile on your face and a kind word now and then, you will do just fine.
|
|
Pillar of the Community
United States
6326 Posts |
Quote: He said only a little as he didn't have the time to invest in the study. Since he was so nice I let him know that his gem '78 was also a highly sought-after variety. How long, I wonder, did it take for him to "mark up" the price on this '78 once you were gone ?....... 
|
|
Pillar of the Community
United States
2797 Posts |
Quote: How long, I wonder, did it take for him to "mark up" the price on this '78 once you were gone ?....... He did that while I was still standing there! 
|
|
Valued Member
United States
429 Posts |
Someone asked this exact question a few months ago and I can not find the thread anymore so I will give my own advice:
1.Make a list that contains things: A. What I NEED to buy. B. What I WANT to buy C. That certain coin I have always wanted and if it shows up for a great price. D. Is there something I want to upgrade. E. Items I may want to trade (not a lot of dealers do this but depending on the item, some may and it never hurts to ask).
2. Have a set price in each category and know that if you do not spend all of one group it can be used towards another.
3. Pack a backpack with your lists, books, magnifying glass and any other useful information you may need.
4. Have a notepad and pen handy at all times this will be used for taking notes on each table and making a map of the layout. Each dealer seems to focus on a few certain types of coins/notes and not everything so writing down the main interests and items that jump out at you is a good thing to do.
5. A watch or phone with a timer. Preset the alarm for breaks, this allows you to go over your notes and update your map and makes it easier to see where you may also want to spend more time later.
6. If they have a business card or flyer make sure to pick it up and use it as information down the road. You will most likely find a few more stores closer to where you are that you did not know about and can make future trips to.
7. Look through the binders they bring with them, not all dealers have them out in the open but want you to ask to go through them. This also gives you a chance to talk one on one with the dealer and see what other interesting items they have. Plus, the books are a good place for cherry-picking, just because they are a dealer does not mean they know everything and make mistakes.
8. Always be kind and polite and if the dealer is not back to you, then move on, there are more than enough tables to go to.
9. See if there is something new you may want to collect and buy it. Coin shows are a great place to start a new collection and amazing to see what is really out there.
10. You do not need to buy the first thing you see, pace yourself and see as much as possible before buying too much. You could easily buy everything on your list within the first few hours if you do not pay attention to what you are doing and find the same item cheaper two tables down.
11. Most important: HAVE FUN.
|
|
Pillar of the Community
United States
6326 Posts |
Quote:
He did that while I was still standing there! Sheeeeshh !!........  .......he didn't even wait ?....  .....figures !... 
|
|
Valued Member
United States
227 Posts |
Remember With coins there is no set Value So price is Always negotiable. well not always but almost. Sometimes I'll make a counter offer of about 10 percent less. Sometimes they won't budge if they're giving you a good deal. But if they were trying to make an excessive profit. They will often counter with a more reasonable price. Good Luck
|
|
Bedrock of the Community
United States
19931 Posts |
Set a budget, know exactly what you're looking for and have the CDN prices.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
|
|
Moderator
 United States
187702 Posts |
Quote: 11. Most important: HAVE FUN.  There is a lot of good advice on this page, but I do feel that the most important is to have fun. For me, this is a hobby, not work; if I am not having fun then it really defeats the purpose. That said, you should be able to have a lot of fun at a coin show; I know I do! 
|
|
Valued Member
 United States
369 Posts |
Thanks, everyone. Great advice, I'm looking forward to using it.
|
|
Valued Member
 United States
369 Posts |
Well, tomorrow's showtime.  I've got about three hours between the time my classes end and when I have to be at work. I think I'll go tomorrow mostly just to see what it's like and what everyone has, then I'll go again on Sunday, when I have the whole day off, to maybe buy some things. I'll probably post Friday night or Saturday night to tell how it was and anything special I buy, if I buy anything at all.
|
|
Bedrock of the Community
United States
12437 Posts |
One thing to note- on the last day of a multiday show(in your case Sunday), many dealers start packing up early so if you go Sunday, then get there at opening.
|
|
Moderator
 United States
187702 Posts |
 I went on a Sunday once and decided never to do it again. The local coin show is usually at the conference center very close to where I work, so I try to go on Friday during lunch. Since I usually know what I want and which dealers I like, it is easy to do in that short amount of time. When I am on a more "educational" search mission, I will wait and spend good part of Saturday there.
|
| |
Replies: 23 / Views: 2,218 |