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What is the importance of the L.B. Show?

BearBear Posts: 18,953 ✭✭✭
While the show is not as much a force in the coin hobby as it

was in years past, it is still a major show. As such we will be

looking for some clear signal as to the direction of the coin market.

The very best outcome would be if it is not hot or cold, but rather a

nice warm temperature. Such would allow the coin market to continue

to consolidate in the middle of a financial maelstrom. In a few days we

may know the answer. The past few months, various shows have given

rather mixed signals , it is indeed possible for this to continue for this show.
There once was a place called
Camelotimage

Comments

  • PlacidPlacid Posts: 11,299 ✭✭✭
    Not too hot

    Not too cold

    Sounds like something Goldilocks would say.
  • FletcherFletcher Posts: 3,294
    image
  • droopyddroopyd Posts: 5,381 ✭✭✭
    It's the only major show I can drive to in under a half an hour.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!


  • << <i>It's the only major show I can drive to in under a half an hour. >>



    Not from the 405 can you ever make it in less than a half hour- and you'd be lying if you said differently.

    LB- needs to rethink their show- it takes place too many times during the year and at best the show is average, bordering on being boring.

    Timing for collectors is not on a Wednesday or Thursday, especially if they have kids ( school should be a priority) - move the time a bit- rethink it for a Sunday - and dealers who decide NOT to stay for Sunday- do not invite them back the next year- simple as that. In the old days this show was a enjoyment to go to, and I had the opportunity to hit the boat/fishing show as well- killing 2 birds with one stone to say- now the show is boring.

    Mix it up guys, same time, same place, same dealers, same stuff and all like to leave late Friday or early morning Saturday...


  • droopyddroopyd Posts: 5,381 ✭✭✭


    << <i>Not from the 405 can you ever make it in less than a half hour- and you'd be lying if you said differently. >>



    I'm in Eagle Rock/Glassell Park so it's just a hop, skip & jump down the 2 to the 5 to the 710 -- we rarely make it west of Fairfax anymore.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
  • MrSpudMrSpud Posts: 4,499 ✭✭✭
    I agree with the statement "It's the only major show I can drive to in under a half an hour". It takes me about 25 minutes up PCH from HB. Therefore it is THE most important coin show there is image
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    It's important 'cause it's always a fun, nice diversion. And I get to visit with Rick Snow image
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>As such we will be looking for some clear signal as to the direction of the coin market.

    The very best outcome would be if it is not hot or cold, but rather a nice warm temperature. Such would allow the coin market to continue

    to consolidate in the middle of a financial maelstrom. In a few days we may know the answer. >>



    Why wait a few days? Wouldn't it be better to assess the direction of the coin market on a daily (or even hourly) basis?
  • FletcherFletcher Posts: 3,294
    image
  • BECOKABECOKA Posts: 16,961 ✭✭✭


    << <i>

    << <i>As such we will be looking for some clear signal as to the direction of the coin market.

    The very best outcome would be if it is not hot or cold, but rather a nice warm temperature. Such would allow the coin market to continue

    to consolidate in the middle of a financial maelstrom. In a few days we may know the answer. >>



    Why wait a few days? Wouldn't it be better to assess the direction of the coin market on a daily (or even hourly) basis? >>



    Only if you are a dealer that needs to know what's happening every minute to stay in the game. Lazy Bears need their rest and can only look up from the honey pot every couple of days. image
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>

    << <i>Why wait a few days? Wouldn't it be better to assess the direction of the coin market on a daily (or even hourly) basis? >>



    Why such a macro philosophy? Just hit reload on your browser over and over and you can watch the market trend in real-time image >>



    Good point. Maybe we can run a coin market ticker on the bottom of this page.
  • FletcherFletcher Posts: 3,294
    image
  • BearBear Posts: 18,953 ✭✭✭
    Well so far all information is conflicting. Retail prices for the

    most part are holding up but buy prices are dropping. A number

    of super rare coins have dropped dramatically. PMs are a bit schitzoid.


    What we are looking for, is the sudden collapse in confidence in the coin

    market. The sudden shut down of retail and wholesale business. This is

    a rare accurance, but it has happened in the past and the possibility of it

    happening again is real. This is what we are looking for and it will appear

    at a major show if and when it happens. When you have collected coin as

    many decades as I have, you get to see all of the cycles and all of the good

    times as well as the bad times.
    There once was a place called
    Camelotimage
  • WTCGWTCG Posts: 8,940 ✭✭✭
    The Long Beach Expo may feel lacking in attendance and activity at times but it is still the largest show of its kind in the West and because it is, the show is still very relevant.

    I was at setup today and from what I saw I would say that today's activity level was actually better than that of setup during the last show in February.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • BearBear Posts: 18,953 ✭✭✭
    That is a good sign indeed.
    There once was a place called
    Camelotimage
  • FletcherFletcher Posts: 3,294
    image
  • ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    I will have no opinion of the show untill after I read the Legend Show Report.......image
























    Just kidding, I am after a bunch of SVDB's and various key and semikey Lincolns in up to 64ish red or redbrowns......I'll see if it is easier to buy this time, the last show I was able to buy a few, 18 months ago I bought very little. Just a little collector service stuff, no real raritys, but still will have an opinion for the blue collar folks.
    " YOU SUCK " Awarded 5/18/08
  • droopyddroopyd Posts: 5,381 ✭✭✭


    << <i>I am after... various key and semikey Lincolns in up to 64ish red or redbrowns. >>



    Please save a few for the little people. image
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
  • illini420illini420 Posts: 11,466 ✭✭✭✭✭


    << <i>
    Just kidding, I am after a bunch of SVDB's and various key and semikey Lincolns in up to 64ish red or redbrowns......I'll see if it is easier to buy this time, the last show I was able to buy a few, 18 months ago I bought very little. Just a little collector service stuff, no real raritys, but still will have an opinion for the blue collar folks. >>



    Hopefully this weeks huge price drops for the SVDB's in the PCGS guide make it easier for you to find good deals image Good luck!

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