Approximately how many millions of dollars worth of coinage is at a convention/show at a given time?

razorface1027

Just curious!

K6AZ

You planning a heist?

ScarsdaleCoin

depends....if your buying or selling LOL

razorface1027

You planning a heist?

I'd be lying if I said it didn't cross my mind.

Bear

Lets see, when I go to a show I have at least a dollars worth of change in my pocket.

mrearlygold

Which holders?

Tom

jbsteven

<< <i>Which holders? >>



SEGS coins equal $4.3 Billion

PCGS/NGC equal $161 million

mrearlygold

<< <i>

<< <i>Which holders? >>



SEGS coins equal $4.3 Billion

PCGS/NGC equal $161 million

nickel

picking on the florida fun show , with about 400 rented tables , and a modest $20,000 in coin value , thats about $8 million . At 100,000 per table , thats about $40 million . Include the newbies with 10 grand at their table , and the big boys a quarter million , and its hard to tell. maybe someone could do a survey at baltimore to find out net worth at any table

ddbird

I would say at a good show at least 50 million

numonebuyer

I would estimate the value at over $100 million. There are a lot of coins at the BIG shows that are not on display. I think most collectors would be amazed to know the deals that go on between dealers that are just to fill those shopping lists. And, I would guess that many of these deals are pre-arranged so there are some high value coins that come and go at the shows that collectors never see on display.

Dealers... Please correct me if I am wrong about the statements above.

UncleWiggly

Over $250,000,000 of coins at present value will be brought to Pittsburgh that would never go to Pittsburgh if it weren't for the show. I'm not including collectors bringing coins in to sell.

Jerry

LanLord

Interesting question, I wouldn't even hazzard a guess, but I'll bet there is alot.

jdimmick

I would venture to guess near 1/2 billion at a show like the upcoming ANA Pittsburg. Remember you have all the big boys, top coins people at the show carrying and sometimes big rarites on display like the 1804 Dollar, 1913 Liberty nickel, King of Siam set, etc.

FrattLaw

It be easy to take out a show. You might not get all the coins, but with enough people you could get quite a bit.

The only problem is who would you sell them to -- the people you just robbed?

You would need to sit on the coins for decades before selling them on the open market and then you could only do it slowly.

You're better off flying to Iraq and trying to find one of Saddam's still hidden stashes of millions in US currency.

Michael