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Went to the GSNA Show in NJ - report, purchases

Went to the GSNA coin show in NJ today. Understand that I have only been to three coin shows. Anytime I see more than 20 coins in one case, it’s a big event for me. The brochure showed 60 dealers. Lots of US and foreign coins, currency, literature, supplies, tokens, and more. $3 admission (free to members).

They were having some serious problems with the lighting. Too much load on their circuits. The lights would go off in one row and on in another, off on the ceiling, then on at the tables, and repeat. Seemed to be straightened out by late afternoon.

Saw some amazing Morgan dollars. One dealer had a case full of beautiful PCGS MS65 and 66 DMPL coins. These coins are WAY out of my budget, but always nice to look at. He also had a mint state toned 1886-P that made my eyes to twitch. Wild bands of dark colors covering the obverse. I think it was MS64 and he was asking $1000. It was in a PCGS slab. With the prices I’ve seen on some toned Morgans, I don’t think he’ll have any problems. The neighboring case was filled with high grade PCGS slabbed commemorative half dollars. I usually stick with Morgan and Peace dollars, but it’s hard to keep away from some of those designs.

Most of dealers were very nice. I get the feeling that this VAM thing can be a bit annoying to them. I don’t park my butt for hours in front of a table and break out the microscope, but I got the feeling some do. Actually, one dealer told me that a VAMmer did pull a microscope out of his backpack while reviewing Morgans! A couple of dealers recognized me, knew I collected varieties, and pushed a few boxes my way. At another table, I mentioned I was looking for 21-D’s with large die cracks. “Ahhh… another VAM collector.”…. and then he drops a pile of lose coins in front of me to search. Nice folks.

I did have one odd experience. A dealer refused to let me look through a box of Morgan and Peace dollars. I saw a customer sitting down and looking through a box of dollars. When he was done, he pushed it back to the dealer and asked for another box. I walked over and asked if I could look at the box (the one the customer already searched).
“What are you looking for?”
“Morgan and Peace dollars.”
“What dates?”
“I collect different dates and mints”
“Well, what exactly are you looking for?”
“Just wanted to look through some Morgan dollars”
“I usually only let the dealers go through these. Sorry”.
“Okay. Thanks anyway”.

It seems to be getting harder to cherrypick any VAMs. Lots of slabbed coins were already attributed. Lots of raw coins were labeled with VAM numbers. I saw hundreds of those red “Top 100” stickers.

I asked five dealers what they thought about the new ANACS slabs. Four liked; one hated it. Asked the same dealers what they were paying for common US silver. Got the same answer from all… 8.5x face value.

Met a forum member before my search began. Needed some spending money, so I let go of some Mercury dimes and Washington quarters. Thanks KISHU1 ! It was nice meeting you.

I managed to control myself as I came across some low grade VAMs. Saw quite a few 1926-S VAM 4’s (dot on leaf), a couple 1886-P VAM 1B (gouge through initial M), two 1896-P VAM 19’s (8 in denticles), and several 1882-O O/S Morgans.

Picked up a few raw Morgans….
1921-D VAM 3A Streamer Wing
1884-P VAM 4 Small Dot
1921-D VAM 8A with the break over R in AMERICA
1921-P VAM 3B Pitted Reverse
1921-P VAM 3V die break in the first S of STATES
1921-D die fill – missing WE T
1903-S VAM 2 small S (this was already attributed)

Comments

  • braddickbraddick Posts: 24,150 ✭✭✭✭✭
    Show reports are the best feature of this forum.
    Thanks for sharing yours.
    image

    peacockcoins

  • chabot510chabot510 Posts: 1,291
    sounds like you had quite a few cherry picks. nice score! don't worry about what some dealers do, it is their loss by not showing you coins.

    by the way, do you know the hours of the show?
    Nick


  • << <i>do you know the hours of the show? >>



    Friday 10am - 7pm : Bourse open to public
    Friday 6pm : Auction by New World Rarities

    Saturday
    10am - 4pm : Bourse open to public
    10am : YN program
  • MrEurekaMrEureka Posts: 24,281 ✭✭✭✭✭
    The show begins "one way traffic" an hour before closing each day, which means you won't be able to enter the show unless you show up before 6 on Friday and 3 on Saturday.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • DaveGDaveG Posts: 3,535
    Thanks for the report!

    It sounds like you had fun. I'm looking forward to going on Saturday.

    Check out the Southern Gold Society

  • ibzman350ibzman350 Posts: 5,315
    Great report Norm, sounds like you had a great time.

    Thanx for sharing.


    Herb
    Remember it's not how you pick your nose that matters, it's where you put the boogers.
    imageimageimage
  • Hello Norm,

    Glad you liked my Morgan Dollars and DMPLs. Those DMPLs are my little babies, even though my wife would like to put them all up for adoption. Anyone who comes by on Saturday, please stop and say hello.

    By the way, that toned dollar is MS-66, not 64.

    Jim
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    Thanks for the report. Where is the show held (Jersey is a big place)?
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • TONEDDOLLARSTONEDDOLLARS Posts: 2,928 ✭✭✭✭
    jimp, would you happen to have a picture of that toned Morgan, do you still own it??????
  • Can you possibly image that die fill? I have something similar I'd like to compare to it.
    Proudly upholding derelict standards for five decades.
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭
    Yes Jack,I am a buyer too if its cool,and i will go 1100.image
    Great coins are not cheap,and cheap coins are not great!
  • CoxeCoxe Posts: 11,139
    Don't worry about the dealers. There have always been the ones who gave VAMers a cold shoulder. Either we were wasting too much time at their table or taking advantage of them. A tip on going through dealer boxes on a bourse is to make sure there are clear prices before starting. Otherwise, some guys will give you a crazy price after you have gone through the work of filtering out interesting ones thinking you found a VAM-44 '78 or something. Most are ok, but there are still enough out there who won't give you a break if you go over the coin with a loupe.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • KISHU1KISHU1 Posts: 2,118 ✭✭✭
    Show is in Somerset ( Franklin Twp) just off of Rt 287 in Central NJ at the Ukranian Center, the GSNA website has directions

    Thanks nesvt for the silver and nice meeting fellow board members.
    image
  • DaveGDaveG Posts: 3,535
    Steve,

    You must have missed this post.

    Check out the Southern Gold Society

  • Yes, I still own it, but its at the show right now. If I still have it tomorrow, I'll be happy to send you a picture.

    Jim
  • I attended the show this morning. I took the ANa grading seminar on Tuesday and Wednesday, which got me into the show early on Friday. It was a good show, and Tom Hyland deserves accolades for putting it together. I was there to sell, not buy, but just as I was ready to leave I went by Col. Steve Ellsworth's table, and I was drawn to his selection of early coppers and colonials. I had never met Steve before, and ended up buying an Auctori Plebis from the Benson collection. Steve is from Virginia, and seems like a great dealer. He had a very extensive inventory, and is very collector friendly. Overall, I'm glad I went.
    No good deed goes unpunished
  • MrEurekaMrEureka Posts: 24,281 ✭✭✭✭✭
    If anyone out there is going tomorrow, see if you can bring a few inexpensive trinkets to donate to the YN auction. I'm sure they will be greatly appreciated!
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭


    << <i>Yes, I still own it, but its at the show right now. If I still have it tomorrow, I'll be happy to send you a picture.

    Jim >>

    Please send me a pic as well.Thanks
    Great coins are not cheap,and cheap coins are not great!
  • nankrautnankraut Posts: 4,565 ✭✭✭
    Show reports are the best feature of this forum.
    Thanks for sharing yours.
    image
    I'm the Proud recipient of a genuine "you suck" award dated 1/24/05. I was accepted into the "Circle of Trust" on 3/9/09.


  • << <i>Hello Norm,

    Glad you liked my Morgan Dollars and DMPLs. Those DMPLs are my little babies, even though my wife would like to put them all up for adoption. Anyone who comes by on Saturday, please stop and say hello.

    By the way, that toned dollar is MS-66, not 64.

    Jim >>



    Jim,

    Sorry about the 64 -> 66 confusion. I'm sure you understand how a coin-show-virgin like myself can be overwhelmed! I could have looked at those coins all day. I've seen some nice coins before, but never such a large group of stunning Morgans in one place. Thanks again for being so friendly and thanks for letting me check out a few of those beauties!
  • TONEDDOLLARSTONEDDOLLARS Posts: 2,928 ✭✭✭✭
    jimp, Jim I would love to see a picture of that Morgan if you still have it.


  • << <i>jimp, would you happen to have a picture of that toned Morgan, do you still own it?????? >>



    Yes, I still own it. I take lousy pictures (actually it's my wife, but she works cheap.) If you still want to see a picture, go to the ANR website. It's from the Prescott Auction, Lot 737.
  • TONEDDOLLARSTONEDDOLLARS Posts: 2,928 ✭✭✭✭
    WOW! Jim, I sold it to Bob. He is my good friend and lives down the street from me, small world.
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭
    Jack,One of your ex abyss coins?image
    Great coins are not cheap,and cheap coins are not great!

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