GNA Show Report.
golden
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The Georgia Numismatic Association holds an annual show, at Dalton, every April at the Northwest Georgia Trade and Convention Center. The center is just off of I-75 and has plenty of free parking.
I arrived at opening time. There was a good crowd waiting to go inside. I first saw Darrel from AmeriWorld Coins. He had a great selection of Barber coins but not the one that I need. I quickly saw a 1793 Liberty Cap Large Cent in PCGS VG 10. I am looking for one in PCGS from 10 to 15. This one was probably graded correctly but had a planchet defect on the reverse running diagonally from about 11 o'clock to 3:30 . It was priced about $12,000 more than a problem free coin should be. I passed. Saw Grant Campbell with his large selection of Silver Dollars.
Continuing around I saw circulated Peace Dollars at $26, Pre 1921 Morgans at $33 and 1921 Morgans at $28. I saw one dealer selling 90% silver at melt + 1%. I have never seen it priced like that before.
There were plenty of raw coins for sale but since I only collect PCGS coins I was not interested in them.
The concession stand had hot dogs for$3.75, hamburgers for$5 and soft drinks for$3. That is cheaper than any other convention center on the coin show circuit that I have seen.
After a few hours I had purchased nothing and headed for home. I still had fun looking at coins.
Comments
Thanks for checking in. Unfortunate you came up empty. Maybe next show.
Thanks for your report.
$3.75 for a dog and $5 for a burger? Sure hope the mustard was free. RGDS!
The whole worlds off its rocker, buy Gold™.
I talked with 2 customers today who were there, One was eyeing an 1889-cc Morgan in 58, and was looking to sell a nice seated dollar he bought out of the mebane auction sale last month, said he had gotten some pretty strong floor offers. Not sure if he let it go as he was still in negot with a dealer when he got off the phone. Told me, that my other customer had spent a ton like 50K+ (I cant get him to spend 1k here locally) . This customer I had keep and eye out for a 74-CC Dime or 78-s half, but had no luck. I trust this guys eye's more than the first guy. Anyway this customer had carried some extra paper money and secondary stuff for trade, he told me everyone wanted the stuff he wasnt selling, but not the back upextra. He has some real high end notes, that most folks would kill to own, but thats what he wasnt selling.
Both told me good crowd and lots of business being conducted. I have yet to ever make it to that show.
I usually enjoy that show but couldn’t make it this Year
BHNC #248 … 130 and counting.
Spent about three hours at the show on Saturday. The place looked really busy and I had to wait in line to talk to the few dealers I hoped to do business with.
I did have a interesting experience. The dealers I talked to were eager to purchase the modern Commemorative gold I had for sale at 98% of spot but weren't interested in the few Classic pre-1933 US gold I had for sale in "details" slabs (cleaned) at spot or ever a 1% discount.
Interesting times, gold at record highs and margins over spot are slim to none.
it's crackers to slip a rozzer the dropsy in snide
On the gold
The commems are being bought by the firms at spot, so them paying 98% is about right, the details graded coins I am hearing that a lot of the larger firms are turning away pre 33 net problem / cleaned stuff, and not wanting it any price reasonable, In fact , two of the major players I ship too, stated that they dont want it, and to sell with the scrap jewelry to the refinery.