PM Report from Albany GA Coin Show
halfhunter
Posts: 2,770 ✭✭✭
The GF & I attended the 2nd Annual Albany Coin & Money Show here in the "Good Life City" Saturday. Decided that I just had to go even though we were under tornado warnings, rain falling by the bucketfulls, wind howling, and nearly constant thunder & lightning. Got into Albany around 10AM and we're greeted by the city severe weather alarm blaring, and a loudspeaker booming "TORNADO WARNING . . . SEEK SHELTER NOW" ! ! !
Ain't going to let a little weather ain't going to deter this ole BUG!
Anyway, on to the show.
Almost everything bullion related seemed HIGH to me, but I'm only looking for DEALS! The cheapest ASEs I could find were $360/roll and went up from there to $395, Passed on all. One dealer had a few '09 Kooks & Pandas for $27.50, No Thanks, already bought a few. Found 1 1991 Kook for $20, bought it. Generic rounds were selling for $16.25, passed. One guy had 10oz SilverTowne bars for $160, passed again. Most dealers were selling junk Ag for 11.5. One guy had halves and quarters for 10x, passed, as I have enough junk stashed from when when I was roll hunting halves. What I didn't find were Libertads. 50 dealers and not'a one!
Nearly everywhere 1/10 AGEs were selling for $125. One guy had 1 for $105, Bought it - wish he had 10 at that price! Also bought a 1/4 AGE for $240. I've decided to start integrating the stack a little! 2 dealers had the UHR Saints, one OGP, one NGC 69. Finally got to see one up close. REAL PURTY, but not at the current prices, IMO. Think I'll wait till I can buy them just above spot!
Bought some numis stuff for the collection but that was about the scoop on PMs. All-in-all a fun time inspite of the weather.
Stack'em High!
HH
Ain't going to let a little weather ain't going to deter this ole BUG!
Anyway, on to the show.
Almost everything bullion related seemed HIGH to me, but I'm only looking for DEALS! The cheapest ASEs I could find were $360/roll and went up from there to $395, Passed on all. One dealer had a few '09 Kooks & Pandas for $27.50, No Thanks, already bought a few. Found 1 1991 Kook for $20, bought it. Generic rounds were selling for $16.25, passed. One guy had 10oz SilverTowne bars for $160, passed again. Most dealers were selling junk Ag for 11.5. One guy had halves and quarters for 10x, passed, as I have enough junk stashed from when when I was roll hunting halves. What I didn't find were Libertads. 50 dealers and not'a one!
Nearly everywhere 1/10 AGEs were selling for $125. One guy had 1 for $105, Bought it - wish he had 10 at that price! Also bought a 1/4 AGE for $240. I've decided to start integrating the stack a little! 2 dealers had the UHR Saints, one OGP, one NGC 69. Finally got to see one up close. REAL PURTY, but not at the current prices, IMO. Think I'll wait till I can buy them just above spot!
Bought some numis stuff for the collection but that was about the scoop on PMs. All-in-all a fun time inspite of the weather.
Stack'em High!
HH
Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
Any help locating any of these OBW rolls would be gratefully appreciated!
1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
Any help locating any of these OBW rolls would be gratefully appreciated!
0
Comments
<< <i>but I'm only looking for DEALS! >>
everyone wants a seller whos aking $15 for a $20 bill. The prices are what they are because its what the market will pay. If they aren't selling then they lower the price. if you do find any suckers selling under market they won't be dealers at a coin show.
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<< <i>but I'm only looking for DEALS! >>
everyone wants a seller whos aking $15 for a $20 bill. The prices are what they are because its what the market will pay. If they aren't selling then they lower the price. if you do find any suckers selling under market they won't be dealers at a coin show. >>
8 months ago, oil was over $140/barrel. Today its under $50. Its called manipulation, and as long as dimwitted bullion collectors shell out absurd premiums for common bullion, the dealers will act accordingly. If more people such as the OP and myself existed, premiums would return to normal levels.
It's COMEX where the short selling banks manipulate prices lower and then settle in cash (at the lower price) when the contract comes due.
Try getting delivery of a COMEX gold contract.
<< <i>....and as long as dimwitted bullion collectors shell out absurd premiums for common bullion, the dealers will act accordingly. If more people such as the OP and myself existed, premiums would return to normal levels. >>
Earlier this month (gold was around $935 oz) I stopped bothering to ask about the prices for common US Mint gold commemoratives when I visited the local coin club show. The dealers were fishing for bullion suckers. I was quoted $530 for a raw1984 $10 gold Olympic commemorative at a time when I was purchasing them in PCGS holders on ebay for $460-470 including shipping. Another dealer quoted $600 (he came down from the $625 marked on the packaging) for the 3 coin gold and silver 1984 Olympic Set - that same week I was picking up the same sets in the original packaging for $480-$500 on ebay.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
Regards,
HH
1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
Any help locating any of these OBW rolls would be gratefully appreciated!
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<< <i>
<< <i>but I'm only looking for DEALS! >>
everyone wants a seller whos aking $15 for a $20 bill. The prices are what they are because its what the market will pay. If they aren't selling then they lower the price. if you do find any suckers selling under market they won't be dealers at a coin show. >>
8 months ago, oil was over $140/barrel. Today its under $50. Its called manipulation, and as long as dimwitted bullion collectors shell out absurd premiums for common bullion, the dealers will act accordingly. If more people such as the OP and myself existed, premiums would return to normal levels. >>
Alas, even I succumb to the allure of bullion (of questionable provenance, at that...
"Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9
"Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5
"For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
ASE rolls were $380, silver bars were $1.50 to $2.00 above spot with light traffic on the first day.
No UHR's to be found and some dealers were wishing they had brought some new cents as the demand was high.
Miles
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<< <i>but I'm only looking for DEALS! >>
everyone wants a seller whos aking $15 for a $20 bill. The prices are what they are because its what the market will pay. If they aren't selling then they lower the price. if you do find any suckers selling under market they won't be dealers at a coin show. >>
8 months ago, oil was over $140/barrel. Today its under $50. Its called manipulation, and as long as dimwitted bullion collectors shell out absurd premiums for common bullion, the dealers will act accordingly. If more people such as the OP and myself existed, premiums would return to normal levels. >>
Alas, even I succumb to the allure of bullion (of questionable provenance, at that...
There IS a very dramatic difference between a handcrafted, limited edition collectable, and a mass produced (tens of millions of gold eagles for example) product thats simply "brokered". The dealer who charges $160 for a 10 oz silver bar did nothing than simply buy the bar for less at some point in the past. Anyone reading this forum could do such a mundane task. "Gecko bars", on the other hand, are made from scratch, one at a time, and hand stamped. In addition to that, the particular bars you are buying have a total of just 20 pieces extant!!! Big difference between the two!
Only 1 dealer here had the Cabin cents.They were selling like hotcakes! He told me that he had canceled his table at Whitman ATL. to go to Illinois, I believe, for the release ceremony of the next issue. He hopes to get enough there to make a quick killing!
Regards,
HH
1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
Any help locating any of these OBW rolls would be gratefully appreciated!
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>but I'm only looking for DEALS! >>
everyone wants a seller whos aking $15 for a $20 bill. The prices are what they are because its what the market will pay. If they aren't selling then they lower the price. if you do find any suckers selling under market they won't be dealers at a coin show. >>
8 months ago, oil was over $140/barrel. Today its under $50. Its called manipulation, and as long as dimwitted bullion collectors shell out absurd premiums for common bullion, the dealers will act accordingly. If more people such as the OP and myself existed, premiums would return to normal levels. >>
Alas, even I succumb to the allure of bullion (of questionable provenance, at that...
There IS a very dramatic difference between a handcrafted, limited edition collectable, and a mass produced (tens of millions of gold eagles for example) product thats simply "brokered". The dealer who charges $160 for a 10 oz silver bar did nothing than simply buy the bar for less at some point in the past. Anyone reading this forum could do such a mundane task. "Gecko bars", on the other hand, are made from scratch, one at a time, and hand stamped. In addition to that, the particular bars you are buying have a total of just 20 pieces extant!!! Big difference between the two!
I was just giving you a hard time.
"Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9
"Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5
"For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22