Is going to a coin show becoming dangerous? Long read
This is a long read. If you don't like to read this thread is not for you.
I go to as many shows as time allows, so not many. I went to one yesterday. It was fun, really an enjoyable way to start the day. I sold off many coins I didn't want for my collection and purchased several really nice slabbed coins. I spent some money and did some really good trades.
I also had a backpack that weighed about 30lbs just to give you an idea of what was in it. That becomes a nuisance after a while. I also had many coins I wanted to get opinions on. The dealers there were pretty good for the most part. I felt much better about a few things when I left. I was also given lots of good information by the more nuturing dealers who want to see the hobby grow rather than deter new collectors from sticking around as it was put to me in more than one conversation.
The slicksters really stand out but what's funny is they don't realize it.
That's the good part.
Now the reason for the title to this thread.
I sat down at a dealers table as he had many nice slabbed Morgan's which is what I have been buying for the past three months.
We got to talking and another dealer approaches the table and asks the dealer I am talking to "did they get him" he responds "yes they were watching him".
So the dealer who asks the question leaves. Now of course I want to know what that's about.
He told me that during the prior months show he noticed a coin may have gone missing. Shows get a little frantic for some of these dealers who dont bring their museums. He remembered who had been looking at his coins and the missing coin but by this time he could not locate this person. I suspect they left after their petty theft.
It wasn't a very expensive coin but still one the dealer obviously remembered.
So while at the same show this month he is on alert. Sure enough he notices this person from the prior months show. He knows he cannot approach him and accuse him of stealing because he really has no proof at this point.
He did the next best thing. He tells the armed security guard (firearm and handcuffs) the story and his suspicions.
Sure enough they caught him red handed stealing a coin. It must have been a very quite incident as there was no major disruption that I noticed at the show. I did not see this go down. I would have expected a disruption of some sort.
This man was arrested and taken off by the local police.
I asked the dealer if this is something that happens often? I was told "more than would like to see".
My thinking is that they probably deal with these problems in a way that won't taint the shows atmosphere. Makes sense to me but really what do I know.
Story 2 same show (yesterday)
This show goes until 2:00 and I planned on staying until the end as my plans with my wife were not until 4:00.
Well things started winding down at 12:30 as dealers were packing up and leaving. I figured we'll times up I'm out of here.
I leave the building and there is a man looking around his car. As I walk by him I said "you'll be fine your tire needs air but it's okay"
His response to me was shocking.
"I come out to the car before we leave to look me car over, you know they put transponders on people's cars and either crash into them to rob them or they follow them home to rob them".
I said are you serious?
"Yup happens every week somewhere". "The banks are closed and we can't put our inventory into the SDB until Monday".
I said "I had no idea, and this is a long weekend".
He said "Your right it is and once I'm home I feel much safer but getting from here to there is when I am anxious".
I have never really looked at things this way but I will admit that it shook me up a little. I'm not a small man nor am I afraid of other people. The idea of someone crashing into my car or following me home is most disturbing to me. It really opened up my eyes to were we are in todays society.
As I reflect on it I think about the dealers with 50-100 gold coins in there cases. I don't buy gold coins because I don't collect them. It's easy math though. It sure adds up quick.
In the future I am really going to thin out what I carry with me to a show. Not to mention the funds I bring for purchases. Everyone seems to be so open about it while in the show. People with lots of cash buying coins. To think someone or perhaps a crew is on the bourse casing the place for a robbery is a very real problem that I simply was not aware of. I am much more alert now and i hope that some of you are too. I do not doubt that many of you know about these situations and have for a very long time
I know this was a long read. I want everyone to be safe. We're all tough guys until something goes down. I'm sure it happens fast and with precision. At least this is what my spidey senses tell me. I could write more about interacting with dealers and spotting different methods of selling. What turns me on or off but that's a story for another time or a different thread we can discuss if someone wants to start a thread.
It's a great hobby for me and one that has helped me tremendously in many ways. It seems like the lessons are never ending.
I hope you enjoyed this post and are more aware for your own safety.
Everything I have written here is true and just how it occurred. Nothing was embellished.