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Report from the White Plains coin show

It was a rainy day in the New York area today, so attendance at the 100-dealer (about 80 coin dealers and 20 stamp dealers) show was somewhat down. Business appeared to be brisk, however, and I spent my entire allowance (1859-O Seated dollar in NGC-50 and an 1854-O half eagle in NGC-45!)

As usual, New World Rarities had a lot of nice material, including at least three slabbed octagonal $50 slugs (all 1851 887s). Have these all of a sudden become common?

I also saw a US Assay Office $10 and a $20 - I don't see those all that often.

Ron Cooper had half of two-column 12" box full of raw Seated dollars - WOW!. I went cross-eyed looking at them! Other than he, no one else had more than a few, I saw a couple in ANACS slabs and two in NGC slabs.

As always, very little in the way of small letters reverse Seated halves of 1839-1841. I saw a couple of 1839 no draperys, though.

I saw a fair amount of those modern mint products in PF-69 and MS-69 that some folks seem to like.

I also saw a $5 First Charter National Bank Note from the "First National Iron Bank of XXX" If I could afford it, I'd pair it with a National Gold Bank Note. (Now that would be a bit of numismatic humor that no one else would ever understand!)

I chatted with a dealer about Walkers from the teens and twenties. He had two that were (in my eyes at least) overgraded by a full grade. He admitted they were overgraded, but said that he's more conservative than most! He said that if you're looking for a full bust line (which is the definition of a VF), that it would be at least graded XF+ by most dealers and that if it were a nice one, it would be dipped and passed off as an AU! He also commented that the same sort of thing was happening with Buffaloe nickels. He says its a question of price and demand; that folks who couldn't find the coins they really wanted were snapping up these "over-graded, over-priced" coins.

I over-heard a dealer discussing the small eagle reverse silver dollars of 1794-1798. He said that he can't find them for love or money!

I saw a really ugly 1836 Gobrecht dollar. It had been holed and repaired and the fields had a ton of small marks. The dealers I was talking to and I speculated that the coin had been perhaps been on a necklace with a lot of other coins.

Only one or two dealers had any ACG slabs.

All-in-all, a nice White Plains show.

The next one is the weekend after Thanksgiving. It's 160 dealers and is, I think, the most active of the four yearly shows.

Check out the Southern Gold Society

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