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Another Summer FUN Show Report/NEWPS

Walkerguy21DWalkerguy21D Posts: 11,552 ✭✭✭✭✭
edited July 9, 2021 7:41AM in U.S. Coin Forum

Keyman inspired me to write a report, for the audience here. Sorry I missed you again, sir!

As stated in his report and elsewhere, Elsa was pretty much a non-event, though I can understand
some airline flight delays. I made the drive over in about an hour, most of it cruising near FL's unposted
real speed limit of 80 mph. When my favorite FM station faded out, I popped in the Joe Walsh cd, 'But Seriously Folks", very old school lol. I had planned all along to arrive a little late, to avoid the crowds, sign in lines, and pomp and circumstance of speeches and ribbon cutting. Arrival and parking was a non issue, except the 'normal' lot was closed due to being full. This was the first indicator about attendance. Chatted with a friend in the very short sign in line at 10:20, and went in with temp taken, release form signed, and mask on (briefly).
The show was definitely buzzing. Greg's report was pretty much spot on. There were people at every dealer's table, and generally you had to take turns checking out the cases. It was much more similar to the old Winter FUN shows, in size and activity, than the former Summer FUN shows.

Comments heard, and observations:
"Best one day in sales I've had in 10 years".
"Last year was my best year ever, and I already had that beat by June 1" (This was from a forum member dealer).
"I'm at the lowest inventory in many years - I'm selling 3 coins for every 1 I buy" (FL dealer who specializes in nice original type, pays strong money, and charges pretty high).
"I can't keep up with the (Morgan) dollar market - I'm paying more to replace coins than I sold for a few weeks ago, and prices are still going up".

There was a notable and strong presence of younger collectors, I'll guess 25- 40 years old, replete with their iPads etc for on the fly research. And they were buying coins and wheeling and dealing. This was very heartening to observe - yes, there will be someone to pass the torch on to, my fellow old timers!
Foreign coins, and collectors/dealers of, were a very strong presence.
Nicely toned coins, other than Morgans, were pretty sparse. There were hundreds of Bust halves available, most dealers had a run of them. But nearly all were drab gray or cleanly-looking. Nothing like the coins Ikeweigan and other guys post.
1904 $20 gold pieces - my, was the entire mintage slabbed? And most of them brought to FUN? I talked to a dealer who knows a guy who personally bought over 100 of them way back when, and is slabbing and selling them in groups of 20….so more are still coming on the market.
All that said, there are a LOT of coins in the world, my friends. That's the thing about the bigger shows, it's kind of humbling to see cases and cases of gold, toner Morgans, monster coins with monster price tags, etc.

My personal goals were to find large cents and early walkers for my sets as well as stock, and one coin a forum member had asked me to search for. A complete strikeout on the walkers, and it wasn't that I was being choosy or price conscious. There was nothing to even look at that was an upgrade or to fill a hole, granted there isn't much I really need anyway. The one surprise was seeing three raw AU 19P walkers in one dealer's case, and it appeared they would all slab. But at moon money, I couldn't use any for stock. I didn't see a single 1921 PDS higher than Fine, saw one 19D in XF, slabbed and high priced, a 17S obv in 58 that was identical to the one I have, a grungy looking 16D in 64, and a small spattering of the more common 1917/1918 coins in low MS. And that was about it for pre-1933 walkers in true VF-MS.

Large cents were a little better. And you could afford to shop around a little. Which was good, as prices varied widely for comparable coins. I hadn't been able to find anything in the way of upgrades or hole fillers at smaller shows. Here are two I was able to get yesterday. The 1827 came from a large cent dealer who keeps prices generally reasonable. (BillJones was there buying some currency as well). He made me a very fair offer to take two early date R5 coins I'd cherried some years ago, taking them even up for his coin. The 1821 I didn’t really need, but it was a slight upgrade, and holdered, and priced fairly well below auction records and way below EAC dealer pricing. The dealer was very patient as I contemplated it, and showed me a number of outstanding large cents, some of which were already sold and not on display to the public. A '93 wreath cent in 63, so well struck on a perfect planchet that it looked like a medal or presentation piece, stands out.
Another coin that I tried to circle back to wasn't available as the dealer was at the bank and the fellow watching the table had no keys. He'd been gone an hour and no sign he was coming soon. It was for stock anyway, and a details cent that I'd had to talk myself into, so no big loss.
Here's the NEWPs, sorry, I cannot take good photos of copper in slabs!

Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug

Comments

  • 1630Boston1630Boston Posts: 14,009 ✭✭✭✭✭

    Thanks for the report :)

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • bronzematbronzemat Posts: 2,646 ✭✭✭✭✭

    Great report and great coppers!

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Thank you for an interesting report. What kind of grades did you see on the 1904 Saints?? Those look like very nice large cents. Cheers, RickO

  • coinhackcoinhack Posts: 1,164 ✭✭✭✭

    That was good information and nice coins. Thanks for sharing.

  • Walkerguy21DWalkerguy21D Posts: 11,552 ✭✭✭✭✭

    @ricko said:
    Thank you for an interesting report. What kind of grades did you see on the 1904 Saints?? Those look like very nice large cents. Cheers, RickO

    Those are Liberty Heads - most of them were 63, with a few 62 and 64's. One thing interesting was seeing two of them that looked PL, not noted of course, but they really stand out in the case, making them tempting....

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • skier07skier07 Posts: 4,077 ✭✭✭✭✭

    Great report. Love the 1827 Large Cent.

  • divecchiadivecchia Posts: 6,688 ✭✭✭✭✭

    Thanks for taking the time to do a show report. It's great to hear that coins are selling and dealers are doing well.

    Donato

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

    Successful transactions: Shrub68 (Jim), MWallace (Mike)
  • Walkerguy21DWalkerguy21D Posts: 11,552 ✭✭✭✭✭

    @divecchia said:
    Thanks for taking the time to do a show report. It's great to hear that coins are selling and dealers are doing well.

    Donato

    Thanks, yes, and it was not just dealer happy talk and mega coins. I personally observed three different dealers that had sold enough raw inventory that they were reloading their cases with ‘box stock’ to fill in all the holes.

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • keyman64keyman64 Posts: 15,520 ✭✭✭✭✭

    Well done on the report. You covered a lot more quality coin areas than I did since I am so narrowly focused. But we still don’t know if you had a cinnamon roll or not. ;) We’ll have to make a point of it to say hi at the next Lakeland/Sarasota/FUN show.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • Walkerguy21DWalkerguy21D Posts: 11,552 ✭✭✭✭✭

    @ricko , I forgot to give insight on bullion….in general I think because of all the airline travel, bullion is less of a thing, compared to the numismatic items. However, a dealer friend had brought 10 rolls of eagles and had sold 8 of them , and the listed price was $740 per. Perhaps he was discounting that a bit. I also saw a dealer with two gallon size zip lock bags, one full of peace dollars and the other Morgans, telling the lady behind the table to “tell him I’m taking these also and put them on my account “. At another table a dealer was off to the side sorting a full bag of peace dollars (looked to be 1000 if not more) that he was buying.

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭

    Love that deep color on the 1827.

  • ElmerFusterpuckElmerFusterpuck Posts: 4,749 ✭✭✭✭✭

    Nice report! Interesting on the raw coins too. A couple years ago, I started an odd denominations album for 2,3 and 20 cent pieces. I was steadily finding decent circulated pieces here and there but that has stopped cold the past few months, few to none to be found online or at shows. It seems like quite a few people have taken to collecting raw coins for albums again, which is encouraging.

    10-4,
    Erik
    My registry sets

    My Instagram pictures
  • Walkerguy21DWalkerguy21D Posts: 11,552 ✭✭✭✭✭

    @keyman64 said:
    Well done on the report. You covered a lot more quality coin areas than I did since I am so narrowly focused. But we still don’t know if you had a cinnamon roll or not. ;) We’ll have to make a point of it to say hi at the next Lakeland/Sarasota/FUN show.

    For sure!
    Sorry, not much of a cinnamon roll guy. My vices are craft beer and tiki drinks, which makes it hard enough to keep the weight down LOL.
    Actually my food report is quite dull. I normally pack a sandwich, energy bar, and bottle of water in a small cooler, then throw them into my coin bag before entering the show. I ate that in the lobby while answering and sending out PM's to forum members yesterday. And no nights filled with wine and song, like when I was more active dealing - I was shot after I got home last night as it was. It's a half mile walk from the parking lot to the bourse, then walking back and forth up and down the long aisles, then another long walk back to the car.

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • Walkerguy21DWalkerguy21D Posts: 11,552 ✭✭✭✭✭

    @panexpoguy said:
    Love that deep color on the 1827.

    Thank you, me too. I know many are more used to lighter brown coins, which are fine of course. But this one is all there, with plenty of luster and flow lines around the devices that I couldn't capture, as well as just the faintest hints of red when tilted. It was one of those "I'm going to own this coin!" moments as soon as I looked at it.

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭

    @Walkerguy21D said:

    @panexpoguy said:
    Love that deep color on the 1827.

    Thank you, me too. I know many are more used to lighter brown coins, which are fine of course. But this one is all there, with plenty of luster and flow lines around the devices that I couldn't capture, as well as just the faintest hints of red when tilted. It was one of those "I'm going to own this coin!" moments as soon as I looked at it.

    For me, I like the surfaces to look like a fine Swiss dark chocolate bar on early copper. But you are right that we are likely in the minority.

  • coinbufcoinbuf Posts: 11,589 ✭✭✭✭✭

    A couple of winner you picked up, nice that you were able to go and enjoy. :)

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • thebeavthebeav Posts: 3,809 ✭✭✭✭✭

    Sounds like an excellent show !
    Nice to hear.......

    My Ebay Coin Store
  • johnny9434johnny9434 Posts: 28,709 ✭✭✭✭✭

    A good read and love coins

  • kazkaz Posts: 9,223 ✭✭✭✭✭

    Thanks for your well written report. I'm glad you found a superb large cent after all that walking!

  • RichieURichRichieURich Posts: 8,515 ✭✭✭✭✭

    Nice report, thanks for posting it.

    An authorized PCGS dealer, and a contributor to the Red Book.

  • WalkerfanWalkerfan Posts: 9,500 ✭✭✭✭✭

    Great report!

    Interesting and informative read.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • Pnies20Pnies20 Posts: 2,427 ✭✭✭✭✭

    Great report. I also noticed about a dozen teenagers walking around looking at auction prices or eBay while buying coins. Good stuff!

    BHNC #248 … 130 and counting.

  • logger7logger7 Posts: 8,714 ✭✭✭✭✭

    Sounds like the coin market is not red hot it is white hot!

  • Walkerguy21DWalkerguy21D Posts: 11,552 ✭✭✭✭✭

    Those are super nice B-halves…,that 97S is a monster!

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • jesbrokenjesbroken Posts: 10,186 ✭✭✭✭✭

    Thanks, Greg, for the report. Would have loved to have been there.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • InlanderInlander Posts: 88 ✭✭✭

    Nice coins! Thanks for the show report.

    TBD

  • Walkerguy21DWalkerguy21D Posts: 11,552 ✭✭✭✭✭

    @Walkerfan said:
    Great report!

    Interesting and informative read.

    Thanks Jeff.
    Who knew those early walkers would be scarce, even at a major show 😉

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • DisneyFanDisneyFan Posts: 2,239 ✭✭✭✭✭

    They are scarce because they have dropped in price and have strong holders.

  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    @Walkerguy21D said:

    .
    love that 27!
    remember Shield=TV

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • stockdude_stockdude_ Posts: 487 ✭✭✭

    Yeah good report. Im hoping to hit 2022 winter FUN

  • lkeneficlkenefic Posts: 8,169 ✭✭✭✭✭

    I'm glad to see the state of the hobby appears strong! Excellent newps! Your new 1827 is a real stunner!

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.

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