Everything Seems "Dead" in the Coin World; Are the Summer Doldrums Upon Us?

OneCent

I don't know, just doesn't seem to be a lot of life in the coin world these days. I know that
DH says that it is an exciting time in the coin market, but I just don't see it. Even this forum
is much slower than usual.

Clearly, the economy has impacted coins but I wonder if the "summer doldrums" have
dialed things down even further...

Things just seem "dead".

HTubbs

Hmmm, maybe you're in the wrong part of the Coin World. This has probably been the busiest summer yet, and usually summers tend to be fairly slow...

Unknown

This content has been removed.

SeaEagleCoins

Frankly, I have not seen any slowdown... might actually welcome it a little if it happened...I haven't been out on a golf course in a while now... (talk about a luxury problem...)

BECOKA

For me there just seems to be a lack of good material in the series I collect. That is making for a slow summer but it also gives me a chance to start paying down debt.

ColonialCoinUnion

Busiest year we've ever had.

pennyannie

All i hear is coins are cheap, well i wish i could find them. I have found a few good deals but not boatloads of great deals. My ebay sales on common stuff is dead unless you want to give it away. A few local B&M's are DEAD but the prices do not reflect much change. I do not see a lot of cash changing hands at the small local shows but everyone says coins are great. LOL I live in the Dallas, Fort Worth Texas area and i do not think we are having that hard a time as compared to other areas in the country. I own a lot of duplexs and rent to the common working man. So far they have been able to pay the rent but i feel a change coming. I have about 6 renters that work in the gas industry and overtime has dried up. If gas runs up again it will cripple everything this time.

I want some good coin deals, dealers are offering such low buy prices it is pathetic, but not reducing on the selling side. Maybe another 6 months of no decent sales will have them ready to move material.

Even in a terrible economy some coins dealers will do fantastic and other trades will do well also. The vast majority are sucking air though.

I have a lot of bids in for the upcoming Heritage sale, good solid bids but not crazy money. I wonder if i will win anything.

There is a local show this weekend at the GDRA center, i expect to see the same coins from the last 8 shows there and at Grapevine.

291fifth

I get the feeling that many local dealers could care less about numismatic coins anymore. What they do care about is (used) jewelry and bullion related items. The last thing they want to see is knowledgeable coin collectors who want a "deal" on numismatic coins.

My own interest in coins is the lowest it has been since the early 1990's.

BaronVonBaugh

I am not seeing any great deals. I have been seeing many prices that are two to four times guide prices.

Longacre

Too many other priorities during the summer:

SeaEagleCoins

<< <i>Too many other priorities during the summer:

>>




Now that's a nice looking golf course

IGWT

Mid-year tally: Sold 3 coins and bought 2 (the most recent purchase was a coin from the darkside in March). I keep looking, but I can't find anything.

COINB0Y

Where is that course?!

IGWT

<< <i>Where is that course?! >>



If I'm not mistaken, that's the backyard at Longacre Manor.

ColonialCoinUnion

Looks like Treetops Sylvan Resort in MI. Or Heaven. Not sure which.

ambro51

It is a nice course...but the picture looks like it was taken in early October.

Longacre

<< <i>

<< <i>Where is that course?! >>



If I'm not mistaken, that's the backyard at Longacre Manor. >>






It is not manicured enough to be the grounds of the Longacre Estate. I am insulted that you would think so.


It is Glen Abby.

ambro51

Back about 1975 I was a Greenskeeper, doing that wonderful mowing, day in and day out. A lot of fun, but a little boring. It was nice to look back at a completed fairway or approach, and see your handiwork.

One of our favorite things to do was what we called "Rabbit Pong". Me and Mike, we had two old TORO tractors, nasty old beasts that were more a Model A than anything else....and in the early morning we needed to sweep the dew off the fairways, before play began. So....stretching a rubber hose across the fairway, hooked onto the back of each of the tractors, one on each side just into the rough....Away we went at about 20 MPH>

Now, your average golf course rabbit has seen this before...and some chose to react in different ways. A few of the ol timers...would just watch and wait, and run towards the rubber hose that was quickly approaching, and with a carefully timed jump, hop right over it, and resume munching on the grass. Others...the ones who felt frisky, would attempt to out run it. Now, a rabbit CAN go 20 mph...but not for too long. It was an ugly scene when the hose caught up to them...a very 'nascar' type event.

A few of the little guys...well, they had never seen this before, and would get bowled over by the hose....and go tumbling down the fairway in a little ball of brown fur. That was fun to watch.

After a few close calls, you could tell the smarter rabbits because they would run like hell the moment you got off the tractor and hooked up the hose...even though you were 300 yards away from them.

ahhhh the good old days $1.90 per hour...

lordmarcovan

I certainly have felt it. The blahs were setting in yesterday so I put together a grab bag blowout sale on the Darkside, and steeply discounted some stuff to move it out fast. Having a "yard sale" made me feel better. I put together twelve $10 bags and ended up selling 14 before I knew it was over with! (I have to make up two more today). I moved a whole box of stuff that, while nice stuff, had sat around here for years, and would have sat here for a few more years, had I not finally gotten rid of it.

Even though I slashed prices way back it was nice to see some stuff move, and move fast. Offer somebody a good enough bargain, and he'll jump.

A house cleaning always feels better afterward. (We're due for a literal one around here, but I am dreading the project. Ugh.)

pf70collector

When Coin Vault was selling a ANAC MS 70 Van Buren Liberty Gold Spouse for $529 this week watch out. Below Mint issued price and still available from the U.S Mint at $629.00

lordmarcovan

Maybe it's good I just sold my Registry type sets, so I can "get back to my roots" and stick to the old basics for a little while, like holey coins and my daughter's Darkside type set, and my Seated dime love token date set. While those all offer some challenges, they're relatively cheap by comparison with some of the other projects I've spun in my mind. And they're the ones I've kept up with for a while (well, the love token set is only a year old). Everything else seems to get sold before it's completed, when my financial fortunes shift. When cooler weather comes I can resume my metal detecting.

A lower-budget guy like me learns early on how to weather tougher times and still have a good time.

pennyannie

Ambro- Sounds like a great job 25 years ago!!! I picked up the dead rats every morning at the feed mill. Nowdays PETA would try to lock you up. I grew up with a golf course in my back yard for a while. Many a fun night on the course and enough income to buy candy selling the balls back.

Mercfan

Not that it's going to enliven the coin world one iota, but I recently re-upped my Platinum Membership, and I'm enjoying ruminating about which eight coins (actually nine, because of the wide-open nature of the current quarterly special) to submit. It's only my second time down this road, and I'm enjoying it immensely.

Stay perched on the edge of your seats, and I'll let you know what comes back from the grading room.

OneCent

While trying to top Glen Abby is a difficult if not impossible task,
perhaps some of us will be doing a little fishing this weekend
to beat the "summer doldrums"...