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New Coin Show with NO Dealers?

MrEurekaMrEureka Posts: 24,252 ✭✭✭✭✭
What if there was a pre-FUN or pre-ANA one-day show that did not allow dealers to take tables? Instead, the tables would be given to collectors. The cost per table: ZERO! The show would make money by charging admission.

Could it work?

If you're a collector, would you take a free table and sell some coins?

If you wouldn't or couldn't set up, would you pay $25 admission to get into the show?
Andy Lustig

Doggedly collecting coins of the Central American Republic.

Visit the Society of US Pattern Collectors at USPatterns.com.

Comments

  • Interesting concept Andy - I bet it would be a blast. Not only for selling, but perhaps for buying too - but be wary - you'd better know what the heck you're doing!
  • Sounds great, but no I wouldn't pay $25 to get in to see a "collector's sale day"


    Jerry
  • tsacchtsacch Posts: 2,929 ✭✭✭
    i wouldnt pay $25 to go to a collectors sale..............maybe $10 would be appropriate in my book.

    tom
    Family, kids, coins, sports (playing not watching), jet skiing, wakeboarding, Big Air....no one ever got hurt in the air....its the sudden stop that hurts. I hate Hurricane Sandy. I hate FEMA and i hate the blasted insurance companies.
  • BarryBarry Posts: 10,100 ✭✭✭
    As a collector/seller, it wouldn't be worth my time, as I never have more than a few coins to sell at any one time. As a buyer, I would expect pickings would be slim, assuming most collectors, like me, don't have a lot to sell.
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    The First Annual Trade-and-Get Played. Sounds like a good idea. I would pay to attend, but would probably not buy anything of significance. I would hate to deprive my dealer friends of their cut--no, but seriously, I would be hesitant to purchase an expensive coin without my favorite dealers' advice.
  • cladkingcladking Posts: 28,637 ✭✭✭✭✭
    It's a great idea and could probably be made to work.

    There are some problems and not the least of which would be the dealers balking at
    the public being admitted and offering their coins to the collectors rather than coming
    back to offer them to the dealers. It might also be difficult to have everyone prove they
    aren't a dealer. image
    Tempus fugit.
  • coinbufcoinbuf Posts: 11,286 ✭✭✭✭✭
    I like the idea but can also see some pittfalls with it; and no I would not pay to enter a show like this.

    Chris
    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • MyqqyMyqqy Posts: 9,777
    If the event was big enough, I would pay $5 or $10 to check it out..... image
    My style is impetuous, my defense is impregnable !
  • Interesting idea. I doubt it would work but I'd be willing to pay $25 to get in to check it out.
  • BearBear Posts: 18,953 ✭✭✭
    Perhaps it would make more sense, to have a show with just dealers and no collectors.

    Lately, it seems the dealers can keep busy just buying and selling to each other.image
    There once was a place called
    Camelotimage
  • cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    How about where collectors setup tables with Signs that say what they want to buy and dealers come to them?
    Bill

    image

    09/07/2006
  • wondercoinwondercoin Posts: 16,905 ✭✭✭✭✭
    Andy: Why would it matter - the same people might be showing up anyway.

    Wondercoin image
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • krankykranky Posts: 8,709 ✭✭✭
    I bet some dealers would pay $25 to get in! image

    Dealer/customer: Can I see that Morgan there?
    Collector/seller: Sure...here you go.
    D/c: What are you asking?
    C/s: Um....$1,000?
    D/c: $1,000!? Is that your best price?
    C/s: Before I answer, can I take it over to another collector?
    D/c: Pass or play.
    C/s: What's the pop?
    D/c: You're asking me? Who's the dealer here?
    C/s: Um... I'm not really sure. Never mind, thanks anyway.
    D/c: But I'm still interested! How much do you need for it?
    C/s: I'll think about it and you'll come back later.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.


  • I'd get bored after about 30 minutes sitting at table, but I think it would be worth attending to see what was being offered
    image
    My posts viewed image times
    since 8/1/6
  • ms70ms70 Posts: 13,954 ✭✭✭✭✭

    I'd pay the $25 just to watch how the dealers work on the other side of the table. image

    I think it's a great idea & I would go. There would probably be some fresh material around.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • CoinosaurusCoinosaurus Posts: 9,625 ✭✭✭✭✭
    I have no idea if it would work, but it would be a lot of fun to check out.
  • FairlanemanFairlaneman Posts: 10,423 ✭✭✭✭✭
    Would the Collector/Dealers be able to act like some Real Dealers act ?

    How about woofing a greasy sandwich down and then getting upset befroe the thing is inhaled because some person asked to see a coin. Or maybe just throwing a slab half way across the room when you ask to see it. Or letting people cover your table up with trash when a collector is trying to find a coin. Or just plain ignoring a person because he looks like he has no bucks. Or over grading raw coins by atleast two grades.

    Now if I could do the above I would really like to join in just so I could see if I could Rip some unsuspecting New Dealer.....image

    Ken
  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    Andy: I'd jump at the chance to get a table and sell some of my coins at a local coin show where I did not have to take the security risk of transporting the coins through either airports or other security risky situations...

    I might perhaps even go so far as to expand the distance to within a reasonable days drive at a regional coin show in my area.

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • EVillageProwlerEVillageProwler Posts: 5,856 ✭✭✭✭✭
    Andy,

    I think your idea, while probably not easily workable, is a fun one to contemplate because it would give those who have never operated behind the table before to get a feel for what the issues are. In the end, it may even make the collectors better at buying and generally handling themselves at a bourse setting.

    EVP

    How does one get a hater to stop hating?

    I can be reached at evillageprowler@gmail.com

  • coinlieutenantcoinlieutenant Posts: 9,310 ✭✭✭✭✭
    Andy,

    I would pay 25$ in a heartbeat...I would have a field day. Dedicated collectors often have the nicest stuff...and it sometimes undergraded...image

    John

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