| Author |
Replies: 18 / Views: 2,324 |
|
Pillar of the Community
United States
3402 Posts |
How many other CCF members have now seen coin shows (bourses) turn into bullion bazaars. This reminds me of the 1970's-1980's when the big thing were the 1 oz. silver rounds/ingots. What ever happened to coin collecting. I saw silver spoons and candle sticks being sold. The biggest ripoff was the 1oz. copper (yes copper) rounds being sold for $2.25. If my math is correct that's equiv. to a copper price of $36.00 a pound. Where are we now at $4 and change! One "dealer,"stretch of the title, or better yet, "silver hawker" , when I asked if he had any large cents replied, "... I only have Lincoln on the small pennies, they made him on large ones too?" It's a shame that even now the lowly copper coins are being treated as bullion items. ebay sales show consistent prices of 1.5 cents for 1959-81/82 copper pennies, not bad for coins that which have any numismatic value in circulated condition. When will this bullion bubble bust? Are the Hunt brothers back? KK 
|
|
|
|
Moderator
 United States
187840 Posts |
Luckily my local coin show is still a coin show. Yes, several dealers buy and sell bullion as well, but they all have coins.
|
|
Pillar of the Community
United States
3345 Posts |
Quote: One "dealer,"stretch of the title, or better yet, "silver hawker" , when I asked if he had any large cents replied, "... I only have Lincoln on the small pennies, they made him on large ones too?" If you are a dealer at a COIN SHOW you need to know about COINS. What was this guy doing there?! If it was me I probably would have laughed in his face.
|
|
Valued Member
United States
397 Posts |
I'm seeing those 1oz copper rounds EVERYWHERE.
|
|
Pillar of the Community
1283 Posts |
I can't wait to the big show here at the end of the month. I hope there are some deals to be had o bullion and coins.
|
|
Pillar of the Community
United States
1213 Posts |
The clown that doesn't know which coins Lincoln is on is no dealer.
|
|
Pillar of the Community
Egypt
3470 Posts |
Quote: "... I only have Lincoln on the small pennies, they made him on large ones too?"  Most probably he is not a coin dealer, he came to the show to sell silver or copper items as spoons and candle sticks as you mentioned but he brought some coins just to fit in the show. Its obvious he knows nothing about coins 
|
|
Pillar of the Community
United States
3294 Posts |
The exact opposite was going on at my coin show last week. Nobody had any silver eagles. Either someone came and bought them all in the hour before I showed up, or no one thought to bring any.
|
|
Pillar of the Community
United States
1348 Posts |
I can't find a show that around my area (64093) that is more than once a year :(
|
|
Bedrock of the Community
United States
20753 Posts |
Not around me. We have coin shows on the 1st, 2nd and 3rd Sundays of every Month, all year long. Each in different places. All are basically the same with mostly coins. Some jewlery, some oddball stuff like Indian artifacts, some knives, lots of coin books, etc. but mostly just coins. Actually I don't remember seeing even one bullion thing at the last show last Sunday and there was about 80 to 100 dealers there. I do see a never ending increase in the amount of slabbed coins though. One dealer that I've seen at these shows for a long time now has only slabbed coins.
|
|
Valued Member
United States
296 Posts |
The Metro Detroit area has about 3 shows a month too. But our shows are about half the size. No problem yet with them turning into flea markets. Still just coins, with bullion being a secondary thing for the dealers. I too have noticed an increase of slabbed coins. I cant help but wonder if the dealers melted all there other stuff and now it just seems like an increase. The ratio just changed, not the quantity of the slabbed coins... Don't know...  My favorite Canadian dealer did that. Melted his low grade stuff, now just has high grade coins. Those silly copper bars and rounds are like bed bugs, they won't go away. One dealer I was talking to said he was making money off off them and then the market fell out of a tree. He can't give those things away. And he bought a LOT of them...  I do see the prices dropping on them big time... Those bars especially, are just a con. They are nothing but bar stock somebody cut into smaller lengths, then crudely stamps a logo onto them, then sell them as "investment" bullion bars. You can see the saw marks on the ends, and they don't even de-burr them, I could have easily cut myself on the sharp edges. I work at a machine shop, I was actually talking to the aforementioned dealer who was selling them about being his supplier of the bars. I was going to order the material through my company and make them in the shop after work. Have the pattern shop make me a simple stamp for the logo and go to town. But that market is going the way of collector plates and beanie babys...
|
|
Pillar of the Community
United States
1348 Posts |
anyone know a decent way to search coin shows. I have done the random google search but it never very promising for me.
|
|
Bedrock of the Community
United States
20753 Posts |
Quote: anyone know a decent way to search coin shows. I have done the random google search but it never very promising for me. Really not easy. A Google or Yahoo search is basically the same as checking out Coin World or other such sourses. We here have a Forum for coin shows if you look. Naturally not all there either. No one on Earth really has a complete listing of all the coin shows. For Example if I used the one found in Google for coin shows, I'd miss about 1/3 of all the ones by me. For some reason most do not show the one in Countryside, Illinois. And if they do, usually the wrong date. There was a really big one not to long ago around here that missed all those listings. What I tell people is do the Google search, Then the Yahoo search. Then contact some local coin clubs and coin stores and ask them. Many people from coin stores have a representative at most local shows so they know when and where they are. Many local coin clubs put on coin shows but those really never make the Google or yahoo listings. Usually every time someone mentions this subject someone just links them to that standard one from Google and if they go by that, they would miss about 1/3 of all shows. Good luck finding them all.
|
|
Pillar of the Community
United States
1064 Posts |
|
|
Moderator
 United States
187840 Posts |
I use www.coinshows.com, but as just carl has pointed out in the past, it does not list all of the shows in his area, so it may miss those in others.
|
|
New Member
United States
3 Posts |
Are coin shows really a good place to purchase gold coins or should I look up local dealers?
|
| |
Replies: 18 / Views: 2,324 |