Manchester NH Show Report
I went to the Manchester New Hampshire show today for some entertainment. It's a regional show with about 100 dealers (I didn't count exactly). Two auction companies were having lot viewings, one of which was holding an auction on site later in the day. There were a few exhibits and some educational classes though the latter were mostly scheduled for Saturday I believe. Armed security presence was very visible for those of you who care about such things.
There were no bullion dealers or at least no one stood out. I did see a sign posted that dealers are prohibited from selling precious metals by weight to the public. I don't know exactly where that issue comes from but it may be the cause of no obvious bullion-only tables.
Thursday is dealer set up day; Friday and Saturday are open to the public. A couple dealers I talked to said Thursday was good and Friday was slow. I was there from about 1:30 to 3:00pm and I doubt it picked up much by closing time. The picture below shows the crowd at about 2pm.
There was a healthy mix of raw coins, your usual slabbed stuff, and a few higher end dealers with proof type and the like. Two or three ancient coin dealers and a handful of world coin dealers. A few error coin dealers had nice stuff, someday I may pick up a couple of those. I did not see much money changing hands. To be precise i observed exactly $10 change hands. I did see some dealer-to-dealer business apparently going on, particularly the guys with the rolling suitcases instead of tables. In general this adds to my belief that shows now are good venues for dealers to trade among themselves, but not so good for retail. I guess they take the stuff home and post it on their websites or eBay.
I didn't buy anything. As a date/mintmark collector near the end of the journey on a couple sets I've come to terms with not finding what I am looking for at shows. Rare coins are rare, and if they can't be found on the whole of the Internet they aren't likely to be found in Manchester, NH. That's OK. For a $1 admission fee and $6 parking fee I had a couple hours of fun. In the end it's probably a good thing I didn't buy anything, since upon checking in with the Forum this evening I found a better use for my money by donating to the Joe Fund.