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January 5, 2008: The FUN Show - Day 1

Actually, our first day here in FLA was not exactly as expected:

First, it was actually cool and comfortable down here, with none of the heat and humidity we've experienced in the past.

Second, we didn't actually end up attending the Superior auction in the evening since we didn't find anything we wanted to buy.

Third, we didn't actually work to near-exhaustion either. It was, in fact, sort of leisurely.

On the other hand, we did go to the wrong hotel to check in at the end of the evening, which was a big pain in the neck, and forced us to haul our bags about 3 miles through a parking lot. But it could have been worse - and I'm pleased to report that my key actually worked when I finally got to my room.

And while these ancillary issues were surprising, the pre-show itself was not.

We arrived at the International Plaza venue at about 12:30 to a quiet room with about half of the 50 or so dealer tables set-up and a dearth of retail traffic.

Conveniently, lot viewing for Bowers, Superior and Stack's was all right there in the same hotel, and so a lot of the dealer community was busy looking at 10,000 coins. And we did too, intermittently, but we also spent time cruising the bourse.

Given some of our recent acquisitions, we were not specifically looking to add inventory, but we did find 3 or 4 things anyway, and, per CRO policy, if we see something cool, we buy it. So we did.

We also saw a few familiar customer faces, and we sold about a half dozen coins - including one extremely sexy early half dollar that we recently bought back from another customer.

We were also pleased (and very surprised) to see that PCGS was set-up at the pre-show, allowing us to handle a lot of reholdering and grading (some of it extremely complicated) we wanted to get done for the FUN show next week. That was a huge help, as we figured we'd have to go find PCGS set-up in a hotel or somewhere in the convention center as is sometimes the case leading up to a show. But not this time.

That was it - the day ended with dinner with a dealer colleague at an out-of-the-way restaurant so we could talk shop in private and figure out how to handle a deal best characterized as "a very big deal" (and to which we alluded in the 'Preview' yesterday).

We did, and you just might be hearing about this in subsequent reports. But not today.

And so, with that, I am going to close the book on Day 1.

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