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PAN show report

PTVETTER and his wife were kind enough to let me loiter at their table on Friday and Saturday so I could play Assistant Coin Dealer for a couple days, which is always a treat for me. The weather was miserable which had everyone hopeful for a good show. But I think attendance was off from previous shows and it seemed like the overall level of business was slow.
It was nice to see Julian back at PAN as he hadn't been there in a couple years. He certainly had one of the better inventories on the floor, including some nice patterns and a six-figure half dime. Plus, he is one of the very few dealers who offers a friendly greeting to every person passing by. Wish that would rub off on some of the other guys.
Had a nice chat with him about patterns. On the flip side, I missed seeing njcoincrank who snubbed PAN for the Las Vegas show.
Only one dealer had the fabled 3-piece 20th anniversary AGE set for sale, and he was asking $5,000. He was buying the 3-piece ASE set for $135, or $150 if still in the sealed shipping box.
Some generic buying prices were 90% silver at 8.1x face, circ common date silver dollars at $10-$13 depending on type/condition, average circ Barber coins at 10x face, G/VG Indian Head cents at 90 cents each, and bags of wheat cents at $160.
I spent a grand total of $15 on a slabbed Westward Journey nickel which I needed to complete my nickel type set. Didn't have funds for anything else.
They have the same security people at every show and that turned out to be a plus. One of the security guys came around warning dealers about a man/woman team who they believe had stolen coins at a prior show and the security people recognized them when they came back this time. They told the dealers how the team operated so they could be on guard. That wouldn't have happened if there were different security people working every show.
The highlight for me was getting rid of a bucket of old coins that an elderly woman I know wanted to sell. She had been offered $300 at a flea market but thought she'd ask me if that was fair before taking the offer. Her stuff brought $1700 and there were still some junk coins left that I couldn't sell.
Only board members I saw besides Julian were vam44, AACoinCo and golddustin.
It was nice to see Julian back at PAN as he hadn't been there in a couple years. He certainly had one of the better inventories on the floor, including some nice patterns and a six-figure half dime. Plus, he is one of the very few dealers who offers a friendly greeting to every person passing by. Wish that would rub off on some of the other guys.

Only one dealer had the fabled 3-piece 20th anniversary AGE set for sale, and he was asking $5,000. He was buying the 3-piece ASE set for $135, or $150 if still in the sealed shipping box.
Some generic buying prices were 90% silver at 8.1x face, circ common date silver dollars at $10-$13 depending on type/condition, average circ Barber coins at 10x face, G/VG Indian Head cents at 90 cents each, and bags of wheat cents at $160.
I spent a grand total of $15 on a slabbed Westward Journey nickel which I needed to complete my nickel type set. Didn't have funds for anything else.
They have the same security people at every show and that turned out to be a plus. One of the security guys came around warning dealers about a man/woman team who they believe had stolen coins at a prior show and the security people recognized them when they came back this time. They told the dealers how the team operated so they could be on guard. That wouldn't have happened if there were different security people working every show.
The highlight for me was getting rid of a bucket of old coins that an elderly woman I know wanted to sell. She had been offered $300 at a flea market but thought she'd ask me if that was fair before taking the offer. Her stuff brought $1700 and there were still some junk coins left that I couldn't sell.
Only board members I saw besides Julian were vam44, AACoinCo and golddustin.
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.
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Rob
<< <i>
They have the same security people at every show and that turned out to be a plus. One of the security guys came around warning dealers about a man/woman team who they believe had stolen coins at a prior show and the security people recognized them when they came back this time. They told the dealers how the team operated so they could be on guard. That wouldn't have happened if there were different security people working every show. >>
So, how did this man/woman team operate?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I was in Black shorts ...Black shirt Long Hair and a Beard and my tag said DAVID
<< <i>
<< <i>
They have the same security people at every show and that turned out to be a plus. One of the security guys came around warning dealers about a man/woman team who they believe had stolen coins at a prior show and the security people recognized them when they came back this time. They told the dealers how the team operated so they could be on guard. That wouldn't have happened if there were different security people working every show. >>
So, how did this man/woman team operate? >>
PM sent.
Bigdave, sorry I didn't know you to say hello if you stopped at Pat's table.
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.
That was a nice thing you did selling an elderly woman's collection for her and giving her a $1400 boost above her initial expectations!
<< <i>I was there. For Two Days
I was in Black shorts ...Black shirt Long Hair and a Beard and my tag said DAVID
Now that is a nice little haul there. The VAM-43 as a prooflike is a nice find that is apparently underappreciated based on the bidding of one I was selling the other day. What kind of grade do you think you have on the VAM-3 EDS?
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The 82-o/s is pcgs au 53 all the coins are in pcgs holders The vam 14.3 is a pcgs ms63
The only two coins not in pcgs is the vam 43 62 pl its in a anacs holder, and the second vam 14.3 was raw.
I thought the show was great i had a hard time getting to all the tables ..(To many People )
But my only intrest was Morgans.
I also got a pcgs ms63 vam 203 ..
Every one was real nice .. only got blown off by one dealer when i said i was looking for vams (said he did not have the time.) oh well
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>Coxe
The 82-o/s is pcgs au 53 all the coins are in pcgs holders The vam 14.3 is a pcgs ms63
The only two coins not in pcgs is the vam 43 62 pl its in a anacs holder, and the second vam 14.3 was raw.
I thought the show was great i had a hard time getting to all the tables ..(To many People )
But my only intrest was Morgans.
I also got a pcgs ms63 vam 203 ..
Every one was real nice .. only got blown off by one dealer when i said i was looking for vams (said he did not have the time.) oh well >>
I need to button up my Peace set and get rid of it so I can focus better on my Morgans too. I usually end up only doing a half dozen tables a day even at a big show. There are always things to find. I need to start looking more at the 8TF ones again. I am woefully behind on the 14.X varieties, though I think I cherried a 14.5 in G4 the other night. Low grade but tough all the same.
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SSDC - Life Member
ANA - Pay As I Go Member