Coin Show HIGHS and lows!!!
keets
Posts: 25,351 ✭✭✭✭✭
I just got back from the Ohio Coin Expo and thought i'd give a quick overview of the good, the bad and the ugly in northeatern ohio.
THE GOOD
As we were leaving the show we passed by a dealer who was up from florida that had quite an array of raw classic's. three caught my eye, all marvelously toned coins. he had a 1921-P lincoln with a killer obverse of mostly purples, weaker reverse but overall a great looker. then two 5 center's, an 1893 and a 1937-S. the buffalo was kinda dark like most of the toned one's i see but the liberty was truly awesome with the center of liberty's face and almost the entire reverse inside the wreath fading to the original untoned color from blue gold and pink. i looked at that one for a few minutes while we talked and i could tell even the old gent was struck by it!! on a side note, my buddy picked up a raw 1977-D kennedy that is totally gold like a few that have been mentioned in threads lately. i musta been bitten by the tone bug cause the color is starting to catch my eye. one dealer that i asked about jeffersons pulled out a whitman see-both-sides-album that was filled with rainbow coins, kinda like the ones being offered on eBay by fairtraderz. he wasn't offering that one for sale!!
THE BAD
I saw way too many weakly struck morgans and walkers. that was kind of a letdown cause i was looking for a raw walker in a common date. oh well, that just means i get to look at more coins.
THE UGLY
I took a few coins along to sell if i could get a reasonable price and i was hopeful so i didn't take along much cash. what a mistake!! the one i was really counting on is a jefferson in an NGC, 1953 PR68CAM that's a really beautiful coin. it's solid for the grade, dark clear mirrors and nice even cameo. my high offer was $80 and i'm left with thinking that i just asked the wrong people cause they never really looked at the coin, just glanced through their pricing info and quoted a price. i asked the guy why $80 and he said cause he could only sell it for $110. man, i hate being played for stupid so i just walked away. as a result i was stranded in nirvana cash strapped!!
Overall it was a good show. there were more dealers and a bigger crowd than last year. classics dominated but there were a lot of franklin's and washington quarters and it seems like more modern proofs. it's funny how the market as reflected by different dealer inventories can change in a year. and on a humerous note, both ACG and PCI had booths set up!!!! LMAO. i might send the show chairman an e-mail about that.
al h.
THE GOOD
As we were leaving the show we passed by a dealer who was up from florida that had quite an array of raw classic's. three caught my eye, all marvelously toned coins. he had a 1921-P lincoln with a killer obverse of mostly purples, weaker reverse but overall a great looker. then two 5 center's, an 1893 and a 1937-S. the buffalo was kinda dark like most of the toned one's i see but the liberty was truly awesome with the center of liberty's face and almost the entire reverse inside the wreath fading to the original untoned color from blue gold and pink. i looked at that one for a few minutes while we talked and i could tell even the old gent was struck by it!! on a side note, my buddy picked up a raw 1977-D kennedy that is totally gold like a few that have been mentioned in threads lately. i musta been bitten by the tone bug cause the color is starting to catch my eye. one dealer that i asked about jeffersons pulled out a whitman see-both-sides-album that was filled with rainbow coins, kinda like the ones being offered on eBay by fairtraderz. he wasn't offering that one for sale!!
THE BAD
I saw way too many weakly struck morgans and walkers. that was kind of a letdown cause i was looking for a raw walker in a common date. oh well, that just means i get to look at more coins.
THE UGLY
I took a few coins along to sell if i could get a reasonable price and i was hopeful so i didn't take along much cash. what a mistake!! the one i was really counting on is a jefferson in an NGC, 1953 PR68CAM that's a really beautiful coin. it's solid for the grade, dark clear mirrors and nice even cameo. my high offer was $80 and i'm left with thinking that i just asked the wrong people cause they never really looked at the coin, just glanced through their pricing info and quoted a price. i asked the guy why $80 and he said cause he could only sell it for $110. man, i hate being played for stupid so i just walked away. as a result i was stranded in nirvana cash strapped!!
Overall it was a good show. there were more dealers and a bigger crowd than last year. classics dominated but there were a lot of franklin's and washington quarters and it seems like more modern proofs. it's funny how the market as reflected by different dealer inventories can change in a year. and on a humerous note, both ACG and PCI had booths set up!!!! LMAO. i might send the show chairman an e-mail about that.
al h.
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Comments
How great Numismatics would be, if the Selling experience were different. THANKFULLY, we now have Ebay. Though not perfect, Ebay LIBERATES us from the tyranny of the coin dealer when the time comes to sell our coins. Your experience yet again proves this to be so.
matteproof
how true and the comparison is right on the money. last year at the same show, same dealer, i offered a 1955 franklin NGC PR68CAM and he offered $120. i sold the coin for $250 on eBay!! both are problem free coins and he actually LOOKED at the franklin and had to consider a bit longer before he lowballed me. i guess i should add him to the avoidance list.
al h.
Unless you know the dealer, selling can always be a pain in the A**. It seems that there are so many uneducated people who are willing to sell their coins for a song, that most of the dealers lowball out of habit. there are a few who will give you a fair price when they know you. At least we have eBay and other venues to sell our coins if all else fails. It also reinforces the importance of having some dealers that you work with on a regular basis.
Greg