Home U.S. Coin Forum
Options

Summer F.U.N. Yea I was there So What

First off, Larry you may miss it by one day but it weren't no big deal. Don't want to say F.U.N.
didn't have their usually fine venue for coin dealers and TPGs and auction companies but I guess
I am just gettng to old to walk for 4 to 6 hours and not find a fair price on what I really want and
have to settle for just stuff. I didn't drive the 150 miles one way and fight the dang Orlando
traffic just to do that.

I first went to the PCGS submission table and you got it to make some submissions and right off the bat
things went different. Different by I asked for help to fill out the forms because the light in there wasn't
great and me I'm bat material if there's not enough light and just pointing to where I write didn't help
me much and I gave up on that the first try. I did come back and try again and re-emphasized the real
need for some one to maybe hold my hand during this process. Well they caught on to my disabilities
and did help me to an extenent but it seemed I was putting them out to do this so I just did one coin
and said I woud try and use the web site as they suggested I do. One person there said that they really
can't fill out the forms because it is a contract and I asked well if they fill it out and I sign it what's the
" la différence ".

In between those little experiences I did mange to walk or rather meander the floor to which I found a few of
the Morgans I was looking for but I guess the vast amount of material that I have seen at F.U.N. before just
wasn't there, funny thing I decided to put a set of Morgans together after all these years and years of seeing
such great coins and I could find but just a couple. Now there was a thred a couple of daysw ago about what
to do when a dealer shots you qa price and it w2as my understanding that you nicely ask if that is his best and
most of the time they will knock a couple of bucks of but hey, today in this economy there wasn't no discounts.
I do understand what with the table fees, travel coast and the room and borad for the days they are there but
heck some of these guys are right off eBay prices at 10 to 15 percent over a fair market price if there is such a thing.

Another thing about dealing with some dealers and I empathize the word SOME NOT MOST is that if you have a coin you
want to either sell or trade it's hard to find a buyer which is I guess just like those guys are having a hard time
selling their coins. Anyway they range from half to 15 percent back of there again a fair market price offer. The old days of a
dealer having a Greysheet and looking at it to give you a buy or sell price maybe coming to an end becasue I noticed
many using a website to get prices but most still look at the Grey but say things like, well that's not a realistice
price or someting like that and I think the reason for that is that everyone has the Grey now and it's not just the dealers
anymore. O well " c'est la vie ".

I did buy a few things like two Redfields red holders, a couple of third world slabed Morgans fresh from a Toco Bell napkin
baked at 375 for 3 hours and an nice 1884 S Morgan PCGS AU 53 plus two other non exciting coins. I went, I saw and that's that.
Boy I bet ya I PO someone off with all this rambling.


Comments

  • Options
    llafoellafoe Posts: 7,220 ✭✭
    Great Report! image

    I can't wait until we go on our date next week... image
    WANTED: Cincinnati Reds TEAM Cards
  • Options
    kazkaz Posts: 9,350 ✭✭✭✭✭
    Enjoyed your report, very much! thanks.
  • Options
    TinyTiny Posts: 2,598


    << <i>Great Report! image

    I can't wait until we go on our date next week... image >>



    Yea Man, we'll go to Wacko"s they got the best dang burgers in town. Just
    don't pay no attention to the girls in the bikinis. image
  • Options
    BigEBigE Posts: 6,949 ✭✭✭
    Tiny, why didn't you go to one of the good dealers who post here and tell them who you were and give your forum name, maybe like PQ Peace for Morgans? Bet you could have got some deals-they might even have done your submissions for you. Sounds like you had fun anyway and thanks for the reportimage----------BigE
    I'm glad I am a Tree
  • Options
    Tdec1000Tdec1000 Posts: 3,852 ✭✭✭
    Sounds like our host lost money because they didn't want to help out a person who really needed it.
    Awarded the coveted "You Suck" Award on 22 Oct 2010 for finding a 1942/1 D Dime in silver, and on 7 Feb 2011 Cherrypicking a 1914 MPL Cent on Ebay!

    Successful BST Transactions!SIconbuster, Meltdown, Mission16, slothman2000, RGjohn, braddick, au58lover, allcoinsrule, commemdude, gerard, lablade, PCcoins, greencopper, kaz, tydye, cucamongacoin, mkman123, SeaEaglecoins, Doh!, AnkurJ, Airplanenut, ArizonaJack, JJM,Tee135,LordMarcovan, Swampboy, piecesofme, Ahrensdad,
  • Options
    i agree that the FUN show was sub par.

    i found all of the visitors to the show were very friendly

    i found half of the dealers there were downright rude

    several of the tables were manned by people who could not give me a price quote on a coin that i was interested in, because the dealer was walking the bourse. Wait until he comes back....... how about you call him and tell him a customer is here........... no i wont do that wait here or come back....... really????? no thanx i wont be back

    i carried around a blue pcgs box and visited every table. only twice did a dealer ask me do you have anything to sell or trade. wow only twice?????

    i wanted to find an ms60 morgan for my graded type set. one dealer displayed $65 on a 78-s in pcgs 60, i offered $50 he said to me " that coin trends at $52?, i replied yes, he said ok $50 but you need to thank me.....??????????? thank you soooooooooo much for knocking two bucks off of the price, im gonna go buy a pack of gum with my hard saved money ty sooooooooooo very much...

    morgan dollars and gold coins were everywhere, early commems were abundant, but not much else. common date dmpls were ghosts and i bought the only 4 that i saw.

    mr weber at the charlotte coin consortium was very nice, even if he sold the coin that i had called him about before i got there on thurs. to the older man at ccc wearing orange shirt on thurs...... learn some manners,

    jay london of finest known was very nice as were some other dealers that i forgot to get a card from

    overall i did not see very much money or very many coins change hands, i only spent 10% of the money i had brought. sigh

    im sorry about the ramblings too
  • Options
    TinyTiny Posts: 2,598


    << <i>Tiny, why didn't you go to one of the good dealers who post here and tell them who you were and give your forum name, maybe like PQ Peace for Morgans? Bet you could have got some deals-they might even have done your submissions for you. Sounds like you had fun anyway and thanks for the reportimage----------BigE >>




    I did meet one dealer but I didn't see what I ws looking for. I really didn't think about trying to
    find some for the boards I just forgot, Tiny <-- Dummy

  • Options
    leothelyonleothelyon Posts: 8,546 ✭✭✭✭✭
    It's important to keep a list of those dealers who are rude. It's a great way to remember who to pass up when you're browsing for coins. You'll have them memorized in no time. And be sure to buy coins from the tables around them but not from them.


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • Options
    rickoricko Posts: 98,724 ✭✭✭✭✭
    Interesting report... seems business is a bit off....Cheers, RickO
  • Options
    BillJonesBillJones Posts: 35,810 ✭✭✭✭✭
    I had wonderful time at the Summer FUN show. I found some very nice coins and, while I would not call them bargains, they were pieces that I will be putting away for a while.

    The way I look at it, I'm in this as a collector. I'm not looking to flip coins in two hours or two days, and if I like it I'll pay for it.

    I was especially impressed by the way the show worked on Saturday. I had expected many of the dealers pack up and go home as they often due, but most of them were there. image The Boy Scounts were coming in large numbers, and it looked like young collectors were getting to go a show that did have half of the tables empty.

    The days of buying anything, other than "widgets." are coming to a close. Too many of us have paid good money for good to great coins, and we are not going to give them away when it comes time to sell. Dealers also have to get decent prices, or buy things cheap, or they can't survive. As a retired dealer I can tell you that first hand.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Options
    BillJonesBillJones Posts: 35,810 ✭✭✭✭✭


    << <i>i wanted to find an ms60 morgan for my graded type set. one dealer displayed $65 on a 78-s in pcgs 60, i offered $50 he said to me " that coin trends at $52?, i replied yes, he said ok $50 but you need to thank me.....??????????? thank you soooooooooo much for knocking two bucks off of the price, im gonna go buy a pack of gum with my hard saved money ty sooooooooooo very much... >>



    MS-60 is a very difficult grade to find on a slab for any series. The leading services very seldom use that grade for whatever reason. As such you were actually looking at a scarce coin and slab combination. If you needed it for your grading set, I’d say you got a bargain.

    The Gray Sheet bid on an 1878-S Morgan Dollar in MS-60 is $53.00. Your offer was below Gray Sheet bid. What do you expect from the dealer? Do you think he should pay you the “wholesale” $53.00 when you offer it to him? I’d say the dealer was more than fair to you.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Options
    MowgliMowgli Posts: 1,219
    We all have expectations of how dealers should or shouldn't act. We've all walked away from a rude dealer. However, as a collector there are certain coins that I am looking for and getting those coins (at a fair price) is more important to me than how I am treated. If I am looking for widgets, then I can afford to find a nicer dealer. If I am looking for something rare and have been looking for quite a while, my concerns with how I am treated are not important. My goal is to find coins for my collection, not to find someone to be nice to me.

    That goes double for the delicious and affordable food they offer at major coin shows - no soup for you.
    In the land of the blind the one-eyed man is king.
  • Options
    BillJonesBillJones Posts: 35,810 ✭✭✭✭✭


    << <i>We all have expectations of how dealers should or shouldn't act. We've all walked away from a rude dealer. However, as a collector there are certain coins that I am looking for and getting those coins (at a fair price) is more important to me than how I am treated. If I am looking for widgets, then I can afford to find a nicer dealer. If I am looking for something rare and have been looking for quite a while, my concerns with how I am treated are not important. My goal is to find coins for my collection, not to find someone to be nice to me.

    That goes double for the delicious and affordable food they offer at major coin shows - no soup for you. >>



    Most of the big dealers are nice to me, even when I'm hemming and hauling which I’ve been known to do when I’m on the fence about a coin. Still there are times when being frugal is warranted, and times when it is just plain silly. If you are talking about a couple dollars on a $50 item, why have a cow over it? If the couple dollars makes a difference in your lifestyle, perhaps you should not be spending the $50 on a coin in the first place.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Options
    it wasnt the 2 bucks it was he attitude, maybe i am a bit old school, but i was raised in a farm town, we were taught to be respectful, i still believe that a handshake should be stronger than any contract, and we learned that customer service is about the customer....
  • Options
    TwoSides2aCoinTwoSides2aCoin Posts: 45,035 ✭✭✭✭✭
    Submitting coins is a drag. The paperwork drives me nuts. You have a date with llafoe ? image
  • Options
    mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Tiny are you a writer? image
  • Options
    FUN had a great show.

    They held in in South Florida and drew many Miami collectors and snowbirds with homes that would go.

    They moved it to Orlando.

    The show went rigth down hill.

    They should move it closer to Miami, it will do better.

    There is a convention center on South Beach.

    Who would not want to go?
  • Options
    LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭


    << <i>i agree that the FUN show was sub par.

    i found all of the visitors to the show were very friendly

    i found half of the dealers there were downright rude

    several of the tables were manned by people who could not give me a price quote on a coin that i was interested in, because the dealer was walking the bourse. Wait until he comes back....... how about you call him and tell him a customer is here........... no i wont do that wait here or come back....... really????? no thanx i wont be back

    i carried around a blue pcgs box and visited every table. only twice did a dealer ask me do you have anything to sell or trade. wow only twice?????

    i wanted to find an ms60 morgan for my graded type set. one dealer displayed $65 on a 78-s in pcgs 60, i offered $50 he said to me " that coin trends at $52?, i replied yes, he said ok $50 but you need to thank me.....??????????? thank you soooooooooo much for knocking two bucks off of the price, im gonna go buy a pack of gum with my hard saved money ty sooooooooooo very much...

    morgan dollars and gold coins were everywhere, early commems were abundant, but not much else. common date dmpls were ghosts and i bought the only 4 that i saw.

    mr weber at the charlotte coin consortium was very nice, even if he sold the coin that i had called him about before i got there on thurs. to the older man at ccc wearing orange shirt on thurs...... learn some manners,

    jay london of finest known was very nice as were some other dealers that i forgot to get a card from

    overall i did not see very much money or very many coins change hands, i only spent 10% of the money i had brought. sigh

    im sorry about the ramblings too >>



    I'm sorry that your key board is broke and you cannot capitalize and punctuate your posts.
    image
  • Options
    BillJonesBillJones Posts: 35,810 ✭✭✭✭✭


    << <i>Who would not want to go? >>



    Me for one.

    The drive from Tampa is lot easier than the one to West Palm Beach. Like many people who live on one coast of Florida or the other, I'm a West Coast guy who does not care for the East Coast. There are East Coast guys who don't like the West Coast also.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Options
    WestySteveWestySteve Posts: 567 ✭✭✭
    I promised a show report. This isn't it, but I'll give a preview of what will probably be more like a rant than a report. Seemed like the dealers who brought collector coins on Saturday did really well...they know that working stiffs can't attend the show except for Saturdays. I was amazed that some dealers left so early. Especially those in the middle of the room...because I went through systematically starting from the end, and they all seemed to start leaving right before I got there. They should have realized that being in the middle of the room might mean that you're visited last.

    Also...I have to agree that there was almost too many Morgans and gold there. But as a Jefferson nickel collector, there were only a few dealers. You wanna talk rarities? Think a 1913 V-nickel is rare? There were less Jefferson nickel varieties available at this show than 1913 V nickels in existence! image I understand that the dealers were paying high table fees and $13 parking. So to compensate for that, they all brought the same kind of high-dollar material and it seemed to hurt them. If I was a dealer, I'd bring the investor coins on Thursday and Friday, but fill my table with the collector coins on Saturday. The dealers who didn't bring only gold and Morgans seemed to do better.

    I can say this...after abandoned the idea of finding any Jeffersons, I hunted for type coins. I learned a little about early copper coins. Bottom line is that problem-free early copper is difficult!...and therefore intriguing.

    Steve
  • Options
    BillJonesBillJones Posts: 35,810 ✭✭✭✭✭


    << <i>I can say this...after abandoned the idea of finding any Jeffersons, I hunted for type coins. I learned a little about early copper coins. Bottom line is that problem-free early copper is difficult!...and therefore intriguing. >>



    If you want to find collector grade early copper, you will need to go to an Early American Coppers (EAC) convention. The next one will be in Buffalo next May. Chris McCalley was there, and his prices are more reasonable than most big copper dealers.

    As for the "average Joe" dealers and early copper, you are correct. They don't have any. Many of the nice pieces and even not so nice pieces are in collections that remain intact for many years and then get sold at auction. Finding nice pieces in slabs is hard too because most copper collectors don't like slabs. The services also are tough when it comes to grading copper.

    As for the number of dealers that were left, I pleased to see that a lot of them were still there when I left the show just before 11 AM on Saturday. I'd been there since the opening on Wednesday. There was one famous dealer who took a table, went around buying stuff, looked at auction lots and left on Wednesday without ever putting out a coin. The others from what I could see stuck with the show for longer than I see them staying at the Baltimore show.

    You comment about gold and Morgan dollars is spot on. That is the case because it's hard as a dealer to find anything else. Type coins were at the show. I bought a number of them, but you had to dig to find them.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Options
    DaveEDaveE Posts: 367
    This shows sure seemed a lot smaller than last years (and that was small)!
  • Options
    WestySteveWestySteve Posts: 567 ✭✭✭


    << <i>

    << <i>I can say this...after abandoned the idea of finding any Jeffersons, I hunted for type coins. I learned a little about early copper coins. Bottom line is that problem-free early copper is difficult!...and therefore intriguing. >>



    If you want to find collector grade early copper, you will need to go to an Early American Coppers (EAC) convention. The next one will be in Buffalo next May. Chris McCalley was there, and his prices are more reasonable than most big copper dealers.

    As for the "average Joe" dealers and early copper, you are correct. They don't have any. Many of the nice pieces and even not so nice pieces are in collections that remain intact for many years and then get sold at auction. Finding nice pieces in slabs is hard too because most copper collectors don't like slabs. The services also are tough when it comes to grading copper.

    As for the number of dealers that were left, I pleased to see that a lot of them were still there when I left the show just before 11 AM on Saturday. I'd been there since the opening on Wednesday. There was one famous dealer who took a table, went around buying stuff, looked at auction lots and left on Wednesday without ever putting out a coin. The others from what I could see stuck with the show for longer than I see them staying at the Baltimore show.

    You comment about gold and Morgan dollars is spot on. That is the case because it's hard as a dealer to find anything else. Type coins were at the show. I bought a number of them, but you had to dig to find them. >>



    I just posted my own show report that was more thorough. Please consider pasting these comments there...not trying to spread my opinion too thickly, but I did have some pix of the show and I didn't want to hijack too badly here.
  • Options
    BillJonesBillJones Posts: 35,810 ✭✭✭✭✭
    It was small compared to Winter FUN and Baltimore, but it had a big auction.

    As to judging the show, I go by what I was able to find, I did well. I bought seven pieces on the bourse and five pieces in the auction. I found an 1858 dime in PR-65 and a 1652 Massachusetts Pine Tree 6 pence in AU-55. Both of those coins are quite scarce and seldom offered. I bought an 1878 Twenty Cent Piece in PR-64 out of the auction that was very high end and 1908 with Motto $10 gold in MS-66.

    The nice coins were there, but you had to dig for them as usual.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Options
    seateddimeseateddime Posts: 6,180 ✭✭✭
    It was a small show.

    I think it did much better in West Palm.

    I seldom check PM's but do check emails often jason@seated.org

    Buying top quality Seated Dimes in Gem BU and Proof.

    Buying great coins - monster eye appeal only.
  • Options
    jhdflajhdfla Posts: 3,030 ✭✭✭


    << <i>I bought an 1878 Twenty Cent Piece in PR-64 out of the auction that was very high end >>



    I viewed that coin, it was a beauty.


    Spent the day Wednesday looking at lots, walked the bourse on Thursday. Had no problem selling a few coins that I brought to sell, in fact, they were gone in 20 mins. Had a chance to see a few friends, not a huge show by any stretch but was thoroughly enjoyable. Missed out on a lot in the sale that I planned on bidding on back in the room, but dozed off when I got back to the room and missed it. My only real regret of the show.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file