2 for 1 coin show report, with a warning
This is a belated coin show report for two small local coin shows that I attended this month. I did not have a table at either one this time, so I "walked the floor".
The first was the Front Range Coin Club Spring show, held at the Boulder County Fairgrounds in Longmont, Colorado. About 40 tables were set up. The attendance seemed pretty strong on the first day (Saturday morning and early afternoon).
I brought a box of my newly-minted products and I sold the entire box before I even made it 3/4 of the way around the room, even though I was not actively offering them.
As typical, rather than having a specific focus, I looked for bargains on raw coins that I liked (and were priced right).
Here is what I bought:
1982-P quarter (priced at about the same as a typical UNC, but much nicer than average - I grade it MS66):
1919-S Winged Liberty Head Dime (a little weak on the strike but nice luster - I grade it AU53, and a good price at $30):
1874 Shield Nickel (slightly weak on the strike, but no wear at all - I grade it MS62 - price $110 - not the best quality picture of it):
1830 Bust half dime (nice original look - I grade it EF40 = $115):
I happened to walk by a table while a visitor to the show was selling items to a dealer. I was asked by the dealer (who knew me) to take a look at this coin that that was among the customer's coins. I provided my opinion on the value and then I was offered the opportunity to buy it from the customer for that valuation. Normally, an off-center Lincoln Cent error is not worth very much. But I liked the unusual date on this one which added a lot of value to it, I think:
1878-S Morgan (VAM-39 - quite "flashy", especially on the obverse - I grade it MS63 - $70):
I liked this low mintage [P]-D-S set of 1939 Arkansas commemorative half dollars. This particular issue does not seem to come overly attractive, but this set seems better than most. I grade them at MS64-MS66 ($900):
I asked about this bar and the dealer quoted me an attractive price which was only a little above "spot" at the time (and under "spot" now). I will add it to my collection of silver bars from coin dealers and coin shops and/or silver bars with coin images on them:
Most of the activity seemed to be due to collectors, with a little bullion trading in the mix.
The second show was the Fort Collins Coin Club Spring show, held at the Larimer County Fairgrounds in Loveland, Colorado. About 30 tables were set up. The attendance seemed a little light when I was there (Friday afternoon and Sunday). But I was not there for the peak attendance on Saturday. I was told it was fairly brisk that day. On Friday, dealer setup was in the morning and early afternoon and the show opened up to the public at about 3:00PM Friday and 10:00AM Saturday and Sunday. I actually like this schedule.
I restocked my box of newly-minted products and sold a good amount on Friday and then I stocked it again for Sunday and sold most of that as well while walking around. I did not buy much at this show since I saw a fair amount of the material two weeks prior at the other show.
I did pick up this octagonal silver "round" that I liked. It was minted by Lombardo Mint and has "MADE IN CANADA" marked on the edge (bottom facet). It actually weighs 10% heavy at about 34 grams.
Now the warning:
It seems dealers (myself included) have become somewhat complacent in regards to the currency that they take in. After I got home from the second show, I was organizing the currency that I had received for items sold. There were 5 or 6 transactions, each involving two or more $20 notes. As I was organizing the money at home, I immediately noticed that something was not right with this $20 bill. It is obviously a home-made counterfeit. I should have noticed that at the show when I received it. But I didn't bother to look at the time. Since all the dealers I sold to know me, I am certain that, whomever it was, was not aware of the dubious note. They may have taken it in earlier in the show from a customer. I would not put it past some people to try and pass fake bills at a coin show to procure highly-liquid items that they can resell.