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Show Report: New York Invitational

airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭
So I headed out for the long trek (read: 40 minute train ride, and a few blocks by bus) to New York City to attend today's show.

The bourse seemed quite busy, but it looked like a lot of dealer-to-dealer traffic. The show had a good number of dealers (guess: 100 or so), with lots of high-end material. That said, I was kind of disappointed that today's game was not "find something I like," but "find something I can afford." Accordingly, I walked away with a toned JFK, and a wicked toned Franklin (pics pending).

Although there wasn't a ton for me to buy, I did see some amazing pieces, such as:

1907 (I think) PCGS PR64/Matte $10 Indian--unique
Pan-Pac Octagonal $50, NGC MS67
1794 $1, PCGS XF40
1795 $1, PCGS MS63
1793 Chain Cent, PCGS AU55

...and more cam/dcam classic gold than I can count, as well as some fantastic early examples in mint state, and overall, just amazing, museum-quality classic coins from all series. A few tables, including Legend's, simply couldn't avoid gawking and drooling.

I spent some time talking with the people at the NGC table, and got a little advice on a few toners from David Lange and Mike Salzburg. I also saw DaveG, Johnscoins, Julian, Bustman, mreureka, and njcoincrank. It was a fun day, but there just wasn't much for me image On that note, since the weather here is aweful, I won't be returning tomorrow as planned.

On an aside, regarding the post a few days ago about dealers who buy it all: One local dealer had a sign "We buy it all!" Problem was, he told people, when they came with coins for sale, "I have a motto: buy at the store, sell at the show. I don't buy at shows." So why on earth did he have that sign?

Jeremy
JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research

Comments

  • Thanks for the show report. I'll bet those early dollars were really impressive. I can't afford those high-end coins either but still like to see them. Congrats on the toners!
    I'm trying to become the person my dog thinks I am
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    Great report, thanks!!!
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • BarryBarry Posts: 10,100 ✭✭✭
    Thanks for the report, Jeremy. Hopefully the rain will hold off tomorrow for me. That will also decide whether I walk or take the subway from Penn Station.

    The family is thinking of tagging along. Any suggestions on things nearby to keep them busy? I was thinking about the Museum of TV and Radio, or the UN. Anything else relatively close and good for a few hours?
  • LakesammmanLakesammman Posts: 17,381 ✭✭✭✭✭
    Jeremy:

    You failed to mention the good stuff. Any FE, IHC or small cent pattern "monsters"??imageimage
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    Jeremy:
    Can you tell me more about the logistics behind the "invitational" nature of the show. I know what it implies, but can you be more specific. I am glad you had a good time.

    Brian
  • DaveGDaveG Posts: 3,535
    I don't know why they call it an "Invitational."

    As far as I could tell, it was like any other coin show: You pay your admittance fee, fill out a postcard with your name and address, get a name tag and walk into the show.

    Check out the Southern Gold Society

  • cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    So will I be wasting my time going tomorrow?
    Bill

    image

    09/07/2006
  • coinkatcoinkat Posts: 23,093 ✭✭✭✭✭
    Invitational? image I guess mine was lost in the mail...

    Experience the World through Numismatics...it's more than you can imagine.

  • BustmanBustman Posts: 1,911
    Jeremy,
    It was good to see you. I went looking for you after towards the end of the show to show you what I picked up. I wound up staying for the Jung auction. And as I suspected, all of my bids were blown out of the water. Just glad I had the chance to take a look at the Jung coins in person!!
  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭
    John,

    I had that walker taken out of the case to see it... what an unbelieveable piece! You really should have taken a looksie... red and green (neon) with incredible lustre (NGC fatty 66, by the way)... something like 5+ times bluesheet image



    << <i>You failed to mention the good stuff. Any FE, IHC or small cent pattern "monsters"?? >>

    There were some incredible examples of all--amazing colors, amazing grades... just fantastic all around--I wish I had more money! Legend's case was breathtaking.



    << <i>Can you tell me more about the logistics behind the "invitational" nature of the show. >>

    They want coin geek losers to feel special by allowing them to say they were "invited" image

    Jeremy
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • LongacreLongacre Posts: 16,717 ✭✭✭
    I agree with the previous posts. There was a ton of high end material and not a lot of common stuff (but enough of it). Did anyone else think that the bourse was very cramped? I was there on Friday afternoon, and it was busy (but not excessive), and I found it very hard to get near any cases in order to get a good look. Things were better at around 4 pm when it started to clear out a little bit. I almost bought a nice 1872-S $2 1/2, but the price was a little high. Maybe tomorrow.
    Always took candy from strangers
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  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭
    The bourse was cramped--it was in a relatively small room for the number of tables set up. Then again, the winter show, which is a foreign-coin show, is scattered over a few rooms much more crowded than this (in the Waldorf)... so we got lucky image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    Any nice common Au Trade Dollars to be had?
    Bill

    image

    09/07/2006
  • BustmanBustman Posts: 1,911
    I thought the show was fairly exceptional for looking. A lot of very nice high end material to see. My pockets were not feeling quite deep enough to take home some of the eye candy.image
  • BustmanBustman Posts: 1,911
    Jeremy,
    I did see the Walker. Very pretty, but I thought it was a touch dark. And, like you said, a bit pricey!!
  • Conder101Conder101 Posts: 10,536


    << <i>I don't know why they call it an "Invitational."

    As far as I could tell, it was like any other coin show: You pay your admittance fee, fill out a postcard with your name and address, get a name tag and walk into the show. >>


    Next year you'll get an invitation.
  • The high end stuff there was great to see, and I bought a couple of things, but there was not enough raw material where you have to dig in and get your hands dirty (I love that kind of stuff!) The high cost of the tables and the smallish room kept most of those dealers away. The valet parking at the hotel was the best $30 that I ever spent. I never got a drop of rain on me all day! Had I tried to save $10 by parking in a lot even two blocks away, (or worse yet, taking a bus in) I would have gotten drenched and aggravated.
  • DaveGDaveG Posts: 3,535
    Conder:

    I got a "$5 discount admission" postcard this year. (They must have borrowed the NY International Show's mailing list.)

    I guess I didn't realize that I should go all weak in the knees about my "invitation".

    Hey, that must mean I'm "special"!

    Check out the Southern Gold Society

  • orevilleoreville Posts: 11,961 ✭✭✭✭✭
    <<<<<<<<<<<<The valet parking at the hotel was the best $30 that I ever spent. I never got a drop of rain on me all day! Had I tried to save $10 by parking in a lot even two blocks away, (or worse yet, taking a bus in) I would have gotten drenched and aggravated. >>>>>>>>>>>>>>>>

    Hmmmm, I parked at 85th Street and Lexington Ave at a free parking space on the street and walked one block to the subway and paid $4 for round trip subway trains on New York's #1 subway line (the #6 line) to 42nd street with was 1/8 block from the hotel, mostly covered walkway!

    It helps to have lived in New York City for a decade. image

    But $30 these days for valet parking at that hotel is not a lot of money anymore!!!!!!!!
    A Collectors Universe poster since 1997!
  • EVillageProwlerEVillageProwler Posts: 5,856 ✭✭✭✭✭
    But, Oreville, did you get to ride in one of those new subway cars w/ nice seats and functioning a/c? I believe the 6 train was one of the first to get them... Figures that Rudy would outfit the Yankee Stadium line first!

    image

    EVP

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  • orevilleoreville Posts: 11,961 ✭✭✭✭✭
    EVP: Indeed!!!!!!!!!!!! It had those flashing signs telling you what stop you were at and what stops the trains goes to etc., etc.

    I had not ridden the subways in 5 years and was AMAZED!

    Reminds me of the Toronto and London lines!!!!!!!
    A Collectors Universe poster since 1997!
  • BarryBarry Posts: 10,100 ✭✭✭
    I went to the show today (Saturday) and was somewhat disappointed. For me, it was about 1 1/2 hour trip - 20 minutes to the train station, 1 hour train ride on NJ Transit, then another 10-15 minute walk (or 10 minute subway or taxi ride if you're lazy) from Penn Station.

    When I got into the show room, I was surprised how small it was. There weren't a lot of dealers there. From the number of empty tables, I'd say about 1/3 of them already left by Saturday morning. As long as I'm being critical, I might as well complain about the way the room was set up - too many "squares" with cross aisles. It was difficult to just walk up and down aisles to see everything with this setup. Guess I'm spoiled with the long aisle approach from shows like Baltimore. Also, there weren't a lot a buyers walking around, which was a plus as far as I'm concerned. It gave me time to liesurely talk with several dealers. Several asked me what I was looking for, and pulled stuff out that wasn't displayed. A couple of dealers wanted to start a want-list for me, but I declined for a few reasons:
    1. I've given want lists to a few dealers at shows in the past, at their request, not mine, and have NEVER gotten a call from any of them.
    2. Just in case they really are looking for my needs, I don't want too many dealers looking for the same coins, as they are relatively low pop coins, and it could drive the price up (or am I being silly on this point?)

    Even with the relative lack of business transpiring, I've never seen more dealer cases covered up with briefcases, papers, CDN binders, etc. When are these guys going to learn? Hide your inventory, no sale.

    As others already stated, there was LOTS of high end stuff. One dealer had just about every slab in his case labelled as a pop top or close to it. The busiest table I saw was a dealer I know from local Phila shows who had "everyday man's" coins.

    Despite my complaints, the trip wasn't a total loss. Although I didn't fill any holes, I did upgrade one coin which was on my upgrade list - a 1798 dime in VF which I purchased from Julian.

    In summary, I probably won't go next year. The show is too small to warrant taking a day off to go Friday, and with a good number of dealers gone on Saturday, it's not worth the trip.

    And finally, Orville said:


    << <i>Hmmmm, I parked at 85th Street and Lexington Ave at a free parking space on the street and walked one block to the subway and paid $4 for round trip subway trains on New York's #1 subway line (the #6 line) to 42nd street with was 1/8 block from the hotel, mostly covered walkway!

    It helps to have lived in New York City for a decade. image >>


    Oreville, FYI, when you get off the subway, you don't have to go outside of Grand Central to get into the hotel. Just walk into the main concourse, and follow the first hallway east that parallels 42nd St, and you'll see a door on your right that leads into the Hyatt.
  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭


    << <i>As others already stated, there was LOTS of high end stuff. One dealer had just about every slab in his case labelled as a pop top or close to it. >>

    Did he still have the PanPac?
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • BarryBarry Posts: 10,100 ✭✭✭


    << <i>Did he still have the PanPac? >>


    Don't know. I'm not into Commems.
  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭


    << <i>

    << <i>Did he still have the PanPac? >>


    Don't know. I'm not into Commems. >>

    I doubt you could miss an MS67 octagonal $50 gold...
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • BarryBarry Posts: 10,100 ✭✭✭
    I do remember seeing one, but didn't look at the grade or note where it was. I spent as much time looking at the Commems as I did the Ancients image
  • cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    I just got back. And yes there was a lot of high end stuff and many dealers packing in it early. Legend was packing it in and I never got to see their stuff. ( I got there at 10 )


    The Pan Pac was awesome as well as the Patterns Kagin had in his case. The MS68 Disme was awesome.
    Bill

    image

    09/07/2006
  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭


    << <i>The MS68 Disme was awesome. >>

    Oh yeah, that one, too... also the same dealer image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • cardinalcardinal Posts: 2,005 ✭✭✭✭✭
    Although there wasn't a ton for me to buy, I did see some amazing pieces, such as:

    1907 (I think) PCGS PR64/Matte $10 Indian--unique
    Pan-Pac Octagonal $50, NGC MS67
    1794 $1, PCGS AU58
    1795 $1, PCGS MS63
    1793 Chain Cent, PCGS AU55


    A PCGS AU58 1794 Dollar??? Could you please elaborate? So far, the PCGS Pop report shows zero in AU58, so it would have to be a new coin. Could you reveal who was displaying the coin?

    That would be a useful piece of information for my research.

    Thanks,
    Cardinal

  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭
    Cardinal,

    With a few people chiming it, it's very possible that I got the grade wrong image I was overloaded on rarities. Since I:
    A- Don't remember who had it
    B- Can't be certain of the grade anymore

    I think I'll have to leave it as a 1794 dollar in at least XF... sorry image

    Oh, on a brighter note, there was also a 1792 disme in MS68 and a 1926-S NGC MS65* buffalo with a razor-sharp strike image

    Jeremy
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Jeremy, (edited to add: and Bill) was it perhaps a Half Disme and not a Disme you saw ? image
  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭


    << <i>Jeremy, was it perhaps a Half Disme and not a Disme you saw ? image >>

    Oh, can it feld! This was a REAL rarity image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • MrEurekaMrEureka Posts: 24,253 ✭✭✭✭✭
    The 1794 dollar was in a PCGS XF 40 holder. Nice one, too.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • Hello Cardinal......PCGS just graded it's first 1794 $1 in AU-58 last Friday. EX Connecticut Historical Society. I know....I picked it up at PCGS today and just sold it. It will be on display at the ANA for all to see.
  • MrEurekaMrEureka Posts: 24,253 ✭✭✭✭✭
    EX Connecticut Historical Society

    Not an easy coin to grade. image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • Hi Andy....this PCGS AU-58 1794 $1 is at least one if not both of the AU-55's listed on the PCGS pop report. I submitted it years ago. It is also the AU-58 on the NGC report........I'll be returning the insert to NGC.
  • MrEurekaMrEureka Posts: 24,253 ✭✭✭✭✭
    LennyDog - Was the coin at the NY show?
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • No, it was at PCGS.....until today.
  • cardinalcardinal Posts: 2,005 ✭✭✭✭✭
    Jeremy, Mark, Andy, and LennyDog,

    Thanks for all the info!!! It really is amazing what a source of information these forums can be!

    --Cardinal
  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭
    Cardinal,

    I just made a 67 image

    Ok, that's not true, either image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • BustmanBustman Posts: 1,911
    Jeremy,
    Did you see the pr68 1804 dollar at the show?image
  • cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    Yes it was a HALF DISMEimage
    Bill

    image

    09/07/2006
  • NicNic Posts: 3,365 ✭✭✭✭✭
    OK, you folks, save me some steps to the bookcase. Is this the "adjustment mark" 1794? K
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    Inquiring minds want to know!
  • lloydmincylloydmincy Posts: 1,861
    Lennydog-----What did you sell it for? Can't say? Can you e-mail me the price??? yes/no?
    The Accumulator - Dark Lloyd of the Sith

    image
  • Re: the 1794 $1 PCGS AU-58.....Can't say the sales price........and yes it has adjustment marks....haven't seen one withoutem.....

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