Biloxi Show Report - Sunday Update Added

itsnotjustme

No, not Long Beach, Biloxi.

- Show was decently attended, but far from crowded.
- PCI was grading--I saw their poster stating they were on site grading, but no table. On the way out, I spotted them outside the main room.
- Dealers were buying. I sold $98/80 in 90% silver for 4.1 times face. Seamed like a good sell rate with silver at $6.25, melt value is about 4.4 times face. Also sold three $5G CVC Commems.
- Strong Interest in PCGS gold (didn't ask about NGC). I need to decide if I will sell my MS64 Saint and MS63 Lib. Both should bring a little over $700. If I choose to sell them....
- Very little pre-1878 coins available in respectable slabs. Did see a 1799 dollar in VF30, an AU Reeded edge half, and a nice AU58 1857 obverse cud Flying Eagle, and a few others.
- I viewed my first 72 Type 2 Ike. Dennis Beasley had multiple from circulated grades to MS. He offered one (he wanted $200 to sell) in trade for the 1886 MS65 toned Morgan I posted a couple weeks back. No deal.
- Loads of PCI slabs. A few ACG & SEGS. Barely any SGS or NTC. Good supply of PCGS & NGC slabs. Many Morgans, including an 1880-S MS68. Most dealers with gold did not seam to have a lot. Most PCGS/NGC slabs were Morgans or 1930 to 1964 coins.
- Thought about pulling the trigger on an 1876-S seated half in AU58.
- Bought a neat old stock certificate from the Lakawanna Railroad. My family has visited there, so kind of neat to own.
- No luck buying 2.5x2.5 mylar flips.... the supply guy only had 2x2 ones.
- No one chose to carpool from Keesler all of 2 miles.
- Bought my son (his $) a MS63 Peace Dollar, lightly toned, for $28.

Going back tomorrow with an MS70 & MS69 $5G CVC, a little more 90% silver, MS raw Washingtons, modern commems raw & slabbed gold.

DaveG

Thanks for the report!

mojorizn

Just curious, was there much original pre 1930 coinage or just a bunch of cleaned crap?

Mojo

itsnotjustme

Morgans, Gold, early Lincolns, a few Indians Cents, MS Barbers, yes.

Not much in seated and bust.

But there was an NGC MS64 1804 4 berries dime. Super nice, $13K price on it.

mercurynut

Thanks for taking the time to post the update!

Peetie

Thanks for checking on the flips Brian. Did you drop anything off for PCI to grade?

Garneteye

Thanks for the report

roadrunner

Please go back and buy that 1804 dime in MS64 at $13,000. An incredible bargain....even if an XF. I don't know of any other Mint State 1804 dimes in existence. Much rarer than the 1804 quarter and 1804 DOLLAR in choice condition.

roadrunner

itsnotjustme

I returned today, mainly trying to sell.

I sold...
2001-W MS70 $5G CVC
Three MS69 modern $5G Commems (often dealers won't come close to sheet on these. I sold a touch below sheet, but not much)
More 90% Silver - Removed the lesser quality quarters from a duplicate #2 quarter folder
Dozen Mint Sets
Raw Modern Commems 10 percent under bid

I bought...nothing, but looked closely at a 1876-S AU58 Seated half. Dealer wanted $230 (AU $135, MS60 $275). The coin was decent, but not the wow so close to MS you often get on PCGS AU58 coins. It wasn't hard to spot the wear on the leg. I would have gone about $210 for it.

Show was VERY slow. A few dealers never even set up, about half were gone or packing by 2PM. Superbowl at 5 after all!

Goose, message on the FE cent delivered. The number we discussed was correct. Not a bad buy if youy take it.

Dog97

Sounds decent for a local show.
It was so cold wet rainy & nasty so I decided to just stay in Alabama.
Plus I'm still recovering from all the $$ I spent at my club's show the other week.
We had a great show, about twice the dealers that were at the show me & you went to in Mobile that time.

supracoin

any other grading services there besides pci?

RYK

Thanks for the report.

Bear

Thanks for the update. All of these reports help to fill in the puzzle

of where the market may be heading.