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After 5 Years I Went To Another Dfw Coin Show

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United States
26 Posts
 Posted 02/12/2023  11:53 am Show Profile   Bookmark this topic Add t501tx to your friends list Get a Link to this Message Number of Subscribers
Well, it has been almost 5 years since I last went to the DFW Coin Show at Grapevine, Texas. Earlier this week for some reason I happened to think of the show and after a quick search I discovered it was this weekend. I hoped to meet up with Bill or Nick and talk about ancients and the market.

Like last time the place was filled with dealers, but this time no Nilus, Pegasus or any other ancient coin dealer. Nothing being sold but American coinage and bullion. I looped through each seller at least twice before I did find one dealer with a binder of ancient Greek coinage. He pulled another binder of Roman, but there was nothing special in any of them.

For the show in general, the parking lot was packed and the show had a whole lot of buyers. Again most buyers were 55+ but I did see a couple late 20 somethings and a few dad/grandpa's with young teenagers getting them interested. So once again the hobby of coin collecting looks very healthy in 2023 and there is a serious market of coin buyers beyond the internet.

Now for my rant... I hate, hate, hate slabbed coins! I completely understand the idea in modern coinage, but not being able to feel my Alexander the Great or Pontius Pilate is just weird.

Maybe I will go back in another few years...
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United States
2217 Posts
 Posted 02/12/2023  1:00 pm  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
Thanks for the coin show report. Slabbing coins is good for classical old modern coins in my opinion. But I don't like slabbed ancient coins either. A person can hold an ancient coin without harming it, unless you drop it which I did to a Tiberius denarius years ago, damaged it. It had crystalized on the inside and chipped when it hit the floor, darn.

I think slabbed ancient coins are helpful to those learning, just starting to collect ancients who feel more confident it's not fake. The downside is some pay way too much for slabbed common worn ancients like late Roman bronzes, they don't know better yet.
Edited by livingwater
02/12/2023 1:08 pm
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BStrauss3's Avatar
United States
4589 Posts
 Posted 02/12/2023  3:57 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
The EAC dealer in the back left corner has gone about 50-50 to plastic tombs.

Robin has been doing fewer shows since Rick passed away. Their website is now a Chinese casino - I don't know if she closed up her business.
-----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/
Valued Member
United States
218 Posts
 Posted 02/12/2023  5:49 pm  Show Profile   Bookmark this reply Add samoth to your friends list Get a Link to this Reply
I haven't gone to a local show in a long, long time... but they're always almost exclusively modern US coins. The same is true of local coin shops, too. I can't really blame the dealers -- they follow the market and what sells.

I've noticed slabs becoming more ubiquitous as well, even among EACers (where I started out years ago). I think this is also a function of following the market and what sells, for better or worse.

The hobby may be relatively healthy, but I often wonder of its future. Coin collectors are gettig older, and younger generations use physical money less and less. In a hypothetical world 100 years from now where all monetary transactions are digital, what will the numismatic hobby look like? Will that MS-67 Morgan still be worth 15x its MS-66 counterpart? Will that classic rarity still sell for seven or eight figures in 2022 dollars? Will globalization bring niche world subfields to the forefront?
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ijn1944's Avatar
United States
19126 Posts
 Posted 02/12/2023  6:02 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
!00 years from now those who remain may be living in mud huts and bartering with potatoes and frogs...
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paralyse's Avatar
United States
12057 Posts
 Posted 02/12/2023  7:23 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
I also live in N. Tx. but usually only attend TNA.

Many of the larger EAC dealers (but not all) now have more and more of their higher end (over $1k) coins slabbed
Not only does this make them easier to photograph, catalog and transport, it offers additional security, gives less experienced buyers more confidence, and facilitates trades

Of course, there are still plenty of high end coppers that don't get slabbed. I was able to (carefully) hold a Chain cent last year thanks to Col. Ellsworth
There was also a seller with lots of ancients and hammered medieval coins, none slabbed

Ancients in general are rather hard to find at shows, even foreign coins are harder to find now. I deal mainly with early copper and German States coinage, so it can be a bit disheartening when the show's tables are mostly stacks of modern bullion and junk silver, or a ton of high end slabs under glass.

Not worried about the hobby dying anytime soon, I see more YN's than ever with ANA and the local coin clubs (NETCC, FWCC, etc) report in TNA Magazine about bringing school children and their own kids to meetings and show/tell days. If you're worried about the hobby dying out, make sure you mentor, teach, or otherwise help a younger person get into the hobby. (It's amazing what you can do with a bag of beat up old late Roman bronzes or Buffalo nickels.)

TPG's provided the means for investors to establish a stable market in rare coin trading, which pretty much ensures that coin collecting will be around for quite some time longer; that came at the cost of pricing a lot of other collectors out of the hobby, and probably contributed to some dealers going out of business by substantially increasing their overhead. (The same thing happened with vintage sports cards, something I also collected for many years.)
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Edited by paralyse
02/12/2023 7:24 pm
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