Las Vegas Show Report

Fishpro

Sales were strong for gold and better date Morgan’s. Public turnout was very strong every day. My sales were in better date Dollars in MS 65 and up, quality was the bigger issue that price.

dsessom

It makes sense, seeing how gold and silver are trending upward. All series have seen increases in value and it's probably most evident in Morgans, many of which have doubled in value just in the past 3 years or so.

Sid you take any photos?

Fishpro

The dealers were slow to the pay much over bid price regardless of the quality of the coin.

GoldFinger1969

@Fishpro said:
The dealers were slow to the pay much over bid price regardless of the quality of the coin.

Any reasons or speculations as to why ?

ricko

@Fishpro... Thanks for the information on gold. Any further input on the show itself?? Cheers, RickO

SurfinxHI

@GoldFinger1969 said:

@Fishpro said:
The dealers were slow to the pay much over bid price regardless of the quality of the coin.

Any reasons or speculations as to why ?

My guess is b/c the market might be going down, or up. In other words, sideways, so it is tough to position above bid.

Fishpro

Most seem slow to use their cash and they were looking for that great buy.

Smudge

@Fishpro said:
Most seem slow to use their cash and they were looking for that great buy.

Aren’t we all?

jkrk

@Smudge said:

@Fishpro said:
Most seem slow to use their cash and they were looking for that great buy.

Aren’t we all?

My Bank account says differently. My wife says, "A fool and his money....." I won't finish the saying as I'll only invite more insults.

silviosi

Very normal. the market it is in Bulling stage, so Dealers look just for opportunities and not for accumulations. Reverse on the Bear stage the Dealers will accumulate and those who buy on Bullish regret.