Spokane Coin Show Report. - Coin Community Forum

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chugly Valued Member United States 234 Posts	Posted 04/05/2011 4:00 pm Hello all, I attended the Inland Northwest Coin Club's spring show in Spokane, Washington last weekend and wanted to give a report. I am posting here in the variety forum since this was my main area of focus. While many complain that the Northwest suffers from a lack of high profile coin shows, I really enjoy the uncrowded, low key aspects of the shows we do get. The $2 entry doesn't hurt either. Overall, I had a great time and I attended both days. Approximately 20 dealers were in attendance, but I felt the West Coast Coins booth was by far the best. They had the best selection, best prices and most importantly - they didn't mind if I cherrypicked Also, Revik the owner, gave out well over 100 free Buffalo nickels to the few kids (and some not-so-kids) in attendance. Many were better dates, just in lower grades and the look on the young faces when they found a free one was priceless! Kudos' to Revik and his mom Katie for helping out the YN crowd! Now on to my finds! As I said, I was mainly focusing on Lincoln Cent varieties and I think this was the first show I have ever attended where I did not buy a single silver coin. My first pickup was this 1944-D: A closer look at the tail of the 9 in the date got me hoping this was one of the many class 6 doubled dies for this year. It looks closest to 1944D-1DO-011 on coppercoins, but I am not sure as yet. However, for 0.25 cents I felt it was worth the risk. Next, I found a 1947S-1MM-007. This is a sans-serif type mintmark over a serif type mintmark similar to 1947S-1MM-004 which I had previously found roll searching. Very nice to now have both examples. Close up of the mint mark. Another good find was this 1949S-1MM-001. I had to pay a buck for this XF LDS example. I can't believe someone missed this one, but many dealers just don't seem to care? Paid all of 0.15 cents for it. BTW Its 1953S-1MM-006. Next, I found a 1954S-1MM-004. I have many examples of this one, but I have not seen one with such prominent die scratches running through the date. Definitely a different die state than what is listed on coppercoins. I went out on a limb and paid $3.00 for this one. The final images are of 1957D-1MM-005/1957D-1DO-002. I bought two examples of this one just based on seeing the RPM. I later discovered that they were also doubled die obverses when I got home! Not bad for 0.10 cents each! Close up of "We" showing split serf's. Close up of "God" showing doubling to the NE. I also picked up a 1956D-1DO-014 in gem BU for 0.50 cents and several other minor RPM's. In the end, I was able to attribute 24 out of the 32 coins I purchased (thanks again Coppercoins!), so for me it was a great show. I could easily have spent my entire budget on a single coin, but I had so much more fun variety hunting! Thanks for looking and have a great week! Chugly Report this Post to the Staff

liveandievarieties Pillar of the Community United States 601 Posts	Posted 04/06/2011 05:15 am Chugly! You're in the Spokane area? I've lived here nearly all my life! Congratulations on your finds! You picked some fun ones, the '47-S is a toughie! Agreed- the Spokane show, with a new venue was far better than years past. And as for Revik Galston- he's a guy to watch! He began selling on ebay at 18 years old and now travels to many larger shows all year long and has accumulated a 6 figure inventory before reaching 25 years of age. Yet, his buy prices are always among the strongest of any dealers at the shows he attends. Sorry this sounds like an advertisement, but for a dealer who is decade younger than me, he's an impressive person. So sorry to jack your thread, but the mention of this gentleman deserves to be expounded upon. When he and I first met a couple of years ago, he had no interest in die varieties. He'd take a gamble on a dramatic error, but varieties held no appeal for him. 2 years later, just yesterday, Revik called me to ask my opinion of value on a 1909 DDO #2. He and other dealers that I've known for some time are ALL starting to come around and open their eyes to what we are obsessed with. As for the market state of Die Varieties, there's your sign. As for my own experience at the Spokane show, it was the best of the semi-annual event I've ever attended. Didn't get to cherrypick too much, I was too busy answering inquiries from dealers about the kind of stuff I do. Incredibly gratifying, because last year, most of these guys thought, as a die variety enthusiast, I was crazy! I did pick up one coin- it was a 1909-S/horizontal S in NGC MS-64 RB. Unattributed on the holder and cherrypicked at the value of the normal coin. I traded it for a beat to heck 09SVDB in a PCGS Genuine holder. Sold the coin on ebay Monday night in a 24 hour auction to prepare for the gold fields of the PNNA show this weekend, on the other side of the state, just south of Seattle (my all-time favorite show). I'll be gone for the better part of a week and realize that only some of you will miss me, lol. Good luck everyone, have a great week! *Edited because I can't quit with those darn happy faces! Edited by liveandievarieties 04/06/2011 05:19 am Report this Post to the Staff
Scooby Due Pillar of the Community United States 4000 Posts	Posted 04/06/2011 09:52 am Nice haul chugly! I'm really digging that 54-S - solid! Report this Post to the Staff
chugly Valued Member United States 234 Posts	Posted 04/06/2011 11:09 am Thanks guys! Do you guys think the first coin in my photo's -the 1944-d- is a class 6 DDO? The tail of the 9 looks good to me, but it also has a slight hit on it which gives me doubts. Maybe I should ask that question in a separate thread? Liveanddie, pretty funny, we must have walked right by each other without even knowing it! Thanks for the extra kind words about Revik. I too think he is a class act and just what we need for this hobby. I also have bought some really nice coins from him including a beautiful 1916-s walker that I had been the last hole in my book forever! He always seems to have a great eye for finding original, uncleaned coins, plus he must be the nicest guy ever! Funny that you mentioned that 1909 doubled die - he asked me about that one as well, but of course I'm no expert, so I guessed the price he had was pretty close - I'd be interested to hear what you thought. I even wonder if me talking his ear off half the day about off about varieties got him to call you? Its a small world after all:). Good luck at the PNNA show! I have yet to attend that one and it sounds like I am missing out. Thanks for the kudo's on the 1954-S Scooby! Certainly one of my favorites! Have a great week everyone! Chugly Report this Post to the Staff
liveandievarieties Pillar of the Community United States 601 Posts	Posted 04/06/2011 12:08 pm On your '44-D- I think, maybe. I know there are several different class VI dies for the year. But it's not the biggest, most significant of the class VI's for the year. It'd help in concluding either way if you can post pics of the LIB of LIBERTY. I do really like the big class VI for '44-D. I have an example I'll give to you if we ever meet. As for Revik- we talk from time to time, I'm going to be getting him deeper and deeper into die varieties. It'll be a good thing for all! As for the '09-VDB DDO #2, it was in an old ANACS MS-64RD holder. I told him that retail value was $200-250. He said he'd already priced it at $225 and was glad that I agreed. Gotta run! Hitting the road in about 60 minutes. If you ever get the chance Chugly- GO TO THE PNNA SHOW!! It's honestly better than some ANA shows that I've been to. Good Luck Pickin' Ya'll! Report this Post to the Staff
acloco Pillar of the Community United States 3540 Posts	Posted 04/06/2011 5:15 pm You did very well. Nice pics, by the way. What at the coin show seemed to be attracting interest the most? Did many people walk in the door to sell silver? Just curious. Report this Post to the Staff
chugly Valued Member United States 234 Posts	Posted 04/06/2011 5:38 pm Acloco, I saw more silver change hands than anything. People were buying (and selling) huge quantities of junk silver. I saw one guy buy 50 common date morgan's for $34 each and heard of another guy buying over 300 at $35. Many of the dealers were asking if I had coins for sale as they were running a bit thin on inventory. Overall, silver dollars were by far the most popular for buyers and sellers from what I could tell. Report this Post to the Staff
liveandievarieties Pillar of the Community United States 601 Posts	Posted 04/07/2011 06:13 am acloco- Yes! As Chugly stated, SILVER was hot! I actually chose to spend my time picking the brains of others: I spoke to a gentleman whose business is in the acquisition, merger and resale of mining companies. He provided me with great insights into the bullion market. Had a long discussion with the guy who was the first person I ever sold a die variety to, nearly 20 years ago. He had a bag filled with Silver Proof Sets. Explaining that market price was $43 for common dates, he purchased them in bulk. Then he went on to explain that Silver Melt value was $58 at current prices. Basically, $10 profit on each one he could find! Then I spent time with a fellow who had an appearance of being a bit "rough around the edges". If there's one single thing I've learned about dealing with collectors- DON'T judge a book by it's cover! The man had sold his computer company in the height of the E-Tech Boom, mid to late 90s and said "to heck with society!". His take was that you couldn't own enough silver at CURRENT prices. To answer your question- Silver was the resounding, most popular subject at the show. Spokane has a reputation for being 5 years behind market trends. But I don't think there's any question as to why EVERYONE is on the same page. Draw your own conclusions, but less than 30 months ago, I begged my folks to put some cash into Silver, when it was at $12.05 an ounce. They've done well, and I'm still of the same opinion I was 2 1/2 years ago. Edited by liveandievarieties 04/07/2011 06:17 am Report this Post to the Staff
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