SLNA Show Report, February 13, 2005 Day #3 and observations on coins seen on the bourse floor
RYK
Posts: 35,797 ✭✭✭✭✭
Between work and some family activities, I managed to sneak a quick trip to the show this morning.
At least half the dealers were gone. There were two coins that I was going back to check/buy, and both dealers were gone. One was the 1861 $3, raw in original EF ( avery nice coin for the grade) and the other a tab-toned Oregon commem. I settled for a nice PCGS MS-65 originally toned Oregon at another table as my show purchase.
Some additional observations:
PCGS MS-64 Saints were selling retail at $700 and seemed to be selling well.
I overheard two dealers comparing notes re: the strip clubs they visited on the previous night. Very classy.
Final note:
Going to a coin show makes me very happy about the coins I have and the way I normally acquire them. There were not a handful of coins on the bourse I could say that I would want to buy for my collection at any price. Before you call me a snob, I am not even talking about rare date gold. The toned Morgans, proof and SMS Kennedy's, clad quarters, Lincoln cents, seated coins, bust coins, etc. that I saw on display overall could not hold a candle to the coins I see here everyday. Rare coins are not rare, but original, nice-for-the-grade rare coins with above average eye appeal really are quite rare, at least on the bourse floor of this fairly large regional show.
At least half the dealers were gone. There were two coins that I was going back to check/buy, and both dealers were gone. One was the 1861 $3, raw in original EF ( avery nice coin for the grade) and the other a tab-toned Oregon commem. I settled for a nice PCGS MS-65 originally toned Oregon at another table as my show purchase.
Some additional observations:
PCGS MS-64 Saints were selling retail at $700 and seemed to be selling well.
I overheard two dealers comparing notes re: the strip clubs they visited on the previous night. Very classy.
Final note:
Going to a coin show makes me very happy about the coins I have and the way I normally acquire them. There were not a handful of coins on the bourse I could say that I would want to buy for my collection at any price. Before you call me a snob, I am not even talking about rare date gold. The toned Morgans, proof and SMS Kennedy's, clad quarters, Lincoln cents, seated coins, bust coins, etc. that I saw on display overall could not hold a candle to the coins I see here everyday. Rare coins are not rare, but original, nice-for-the-grade rare coins with above average eye appeal really are quite rare, at least on the bourse floor of this fairly large regional show.
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Comments
<< <i>but original, nice-for-the-grade rare coins with above average eye appeal really are quite rare, at least on the bourse floor of this fairly large regional show. >>
Can't really disagree with this. Only to add no matter small show or a large one.... if you see a nice coin you're looking for
appear, one needs to know what they are looking at and snap it up quick. I've missed out on a few by wanting to walk the floor first.
I learned a long time ago if I see something I like to BUY it when I see it.
Or at least ask the dealer to pull it back for 1 HOUR. I always return whether I buy it or not and pass or play.
The ones that don't return after asking the dealers to pull a coin back ruin it for others. Just my opinion.
it sounds like you collect the same way as me and have similar goals. while i might see many nice coins at any size show, when i weigh what i'm looking for and those same coins vs. where they're holdered grade-wise and the asking price, i often find very little if anything to tempt me. the best thing any collector can work towards is probably a collection thats assembled with patience, not done in haste.
al h.
Overland Trail Collection Showcase
Dahlonega Type Set-2008 PCGS Best Exhibited Set