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RYK's MNS Show Report (St. Louis), 7/26/2012

RYKRYK Posts: 35,799 ✭✭✭✭✭
Today, I had the good fortune to attend the summer MNS coin show, in hot and humid St. Charles (St. Louis), MO. The attendees were spared our normal-for-this-summer 100-plus degrees temperatures as it only got into the low 90's, and the A/C was working well in the convention hall. I arrived at the venue about 45 minutes to the sight of a boy and his mil, er, mom, walking into the show, and, in general, I was pleasantly surprised by the overall attendance of younger people at the show. There were quite a few father-son combinations and even some younger dealers that I have not seen before. One of the young whippersnappers actually called me "Sir", and I was mildly unnerved by this level of politeness at a coin show.

I immediately viewed the auction lots and was impressed by the consignment of CAR/Costa Rica gold coins from a collection that was assembled in the late 60's and early 70's, with notes from the consignor and original auction flips. The quality of coins was mixed, but I liked the headliner (the 4 Escudo), and some others were quite nice. There was one, ONE, dirty US gold coin to consider, but overall, nothing earth-shattering in my collecting sphere.

The bourse seemed active with some buzz and bustle as people were checking out coins, buying and selling, and the public asking the usual variety of inane questions that we have grown accustomed. One particular "Ma and Pa Kettle" pair, with grandson in tow, was attempting to unload some Chinese pandas and such on the poor guy who was set up as a specialist in these. The poor woman was wheezing a fair amount, obviously suffered from emphysema, and I was afraid that I was going to be called into action for some real work. All parties seemed to survive the transaction, and so far as I know, 911 did not need to be called.

At the same table, I ended up being engaged in conversation by some nitwit who was very impressed with himself for buying silver at 28 and later selling it for 33. He seemed to think that he found the secret of how to make gold from straw or make gold from lead. And, finally, the annoying vest pocket guy who always tortures me, found me again, and I feigned interest in his diatribes on the CAC, CC gold, and similar topics.

I spent some time chatting with njcoincrank, who was there with his son and showing him the ropes of the coin biz. Bill S had a terrific selection of type coins, nearly all PCGS/CAC, including what might be the nicest buffalo nickel I have ever seen. He gave me some pointers and even sent me to look at a couple coins around the floor that he thought had my look.

I also reconnected with forum member shrub68, who was sharing a table with John Dannreuther, and I ended up buying a coin from Jim/shrub68, for one of my side projects. As for purchases, I bought a second coin for another side project and that was it. Nothing for the core collection. Nothing super cool or unusual.

I ran into the newly hired Scotsman employee, James Garcia, a former forum member (and currently active ATS as JamesEarlyUS). James has been cataloging for Scotsman for a couple of years, as a part time gig, and they finally hired him as a full time employee. I think his head is spinning with all of the new responsibilities given to him, but James is a hard worker, smart, and a nice guy, and I have little doubt that he will take Scotsman to the next level.

More than a couple times I heard statements like, "I am saving my cash for the ANA" or "I will dump this cheap because I am raising cash for the ANA."

On the way out, I saw a guy that looked like WTCG, but since I know that Wei is too cool to come to the Midwest image , I knew that I had to be mistaken and, indeed, was.

Overall, I would grade the show a B. Here is the letter grade breakdown, and perhaps others will adopt it, or something similar, in future show reports--

Logistics and venue: A (Functioning A/C, free parking and admission)
Dealer participation: B (there were some empty tables and some used as desks for wholesalers)
Quality and variety of coins for purchase: B- (there were a few big names, as mentioned, and others like NFC, RLH, Dalton, Hambrick, Tom Reynolds, Kern, Teaprty, etc., but of the three St. Louis shows, I think this one is the weakest for retail buying.
Dirty Gold availability: D (and not for Dahlonega! Very weak in fresh, dirty gold)
On-site grading: D (ANACS was there. Yawn.)
Food: Incomplete--I did not purchase any food

Comments

  • WTCGWTCG Posts: 8,940 ✭✭✭
    Maybe my Missouri imitation was there for the air conditioning while the real WTCG is on the West Coast enjoying the no humidity 77 degree weather.
    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"
  • stealerstealer Posts: 4,029 ✭✭✭✭
    You have very interesting show reports, thanks!
  • ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    Great report !!!! Thank You
    " YOU SUCK " Awarded 5/18/08
  • bidaskbidask Posts: 14,022 ✭✭✭✭✭
    Great report

    I like how you graded aspects of the
    show.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • nankrautnankraut Posts: 4,565 ✭✭✭
    Thanks for the interesting report. I think your "grades" on the venue deserve a CAC Green Bean, at least.image
    I'm the Proud recipient of a genuine "you suck" award dated 1/24/05. I was accepted into the "Circle of Trust" on 3/9/09.
  • DaveGDaveG Posts: 3,535
    Nice Report!

    Did Bill show you his letter written by James Ross Snowden?

    Check out the Southern Gold Society

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,572 ✭✭✭✭✭
    Mr Reynolds is great to talk to and he knows EACs better than anyone I know around these parts. When I have questions he's always willing to answer them.

    Thanks for the report. It reads well attended.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    Good report...How would you grade the show on having DIMES I need?image
  • CoinosaurusCoinosaurus Posts: 9,644 ✭✭✭✭✭
    Good report, thx. The drive out to St. Chas. would be worth it just to look over Bill S's inventory.
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    I like it image

    The content and commentary are excellent image
  • GeorgeKelloggGeorgeKellogg Posts: 1,251 ✭✭
    Thanks for the nice report, RYK!
    "Clamorous for Coin"
  • bosco5041bosco5041 Posts: 1,303

    good report, sounds like a good show.
  • LakesammmanLakesammman Posts: 17,455 ✭✭✭✭✭
    And, finally, the annoying vest pocket guy who always tortures me, found me again, and I feigned interest in his diatribes on the CAC, CC gold, and similar topics.


    image

    Thanks for the report. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    I spent some time chatting with njcoincrank, who was there with his son and showing him the ropes of the coin biz. Bill S had a terrific selection of type coins, nearly all PCGS/CAC, including what might be the nicest buffalo nickel I have ever seen. He gave me some pointers and even sent me to look at a couple coins around the floor that he thought had my look.

    Nice report RYK... I've learned more from just a few visits to njcoincrank's table at shows then 5 years on this forum.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    Did Bill show you his letter written by James Ross Snowden?

    No, but I did not ask, either. Probably not my kind of thing.

    How would you grade the show on having DIMES I need?

    Incomplete, as I do not know what you need and only looked at a few dimes. BTW, one of my purchases was a dime. image
  • guitarwesguitarwes Posts: 9,290 ✭✭✭
    Entertaining report. I like the grading scale.

    We need pics of the Dime asap.
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • CoinosaurusCoinosaurus Posts: 9,644 ✭✭✭✭✭


    << <i>Entertaining report. I like the grading scale.
    >>



    Me too. Except, shouldn't we use coin grades image
  • erickso1erickso1 Posts: 1,705 ✭✭✭
    Nice report. Wish I would have been interested in coins when I lived in clayton. Would have liked to make a show.
  • ranshdowranshdow Posts: 1,442 ✭✭✭✭
    Nice report. Maybe one day we'll end up at the same show.
  • illini420illini420 Posts: 11,466 ✭✭✭✭✭
    Thanks for the report. Doesn't look like I'll make it over to St. Louis for the show tomorrow, but it was nice to read about it anyways!

    image
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    I want to hear more about the mil................MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • morgandollar1878morgandollar1878 Posts: 4,006 ✭✭✭✭✭
    Well at least it seems like the show was pretty decent. I was going to attend, however choices had to be made and this show was not one of those choices. Hopefully I will be able to go to the next one, in October, I think.
    Instagram: nomad_numismatics
  • breakdownbreakdown Posts: 2,255 ✭✭✭✭✭
    Great report. I know Bill S. goes back because Missouri is his old stomping grounds but it sounds like quite a few other top dealers were there, which is a bit surprising for a summer regional show just before the ANA.

    As DaveG. pointed out, Bill always has some great numismatic items like bills of sale, letters from mint officials and such. I don't collect such things as I try to maintain a collecting focus, but they are cool to look at and often the basis for a great story (Bill has more than a few, as does Dave for that matter).

    "Look up, old boy, and see what you get." -William Bonney.

  • krankykranky Posts: 8,709 ✭✭✭
    Very nice report, RYK. When njcoincrank used to do the PAN shows he always brought cool stuff like that. It was fascinating. Must be a decent size show to have an auction. I don't get to a lot of shows, but does every show have at least one annoying vest pocket dealer? I would think so.

    I like the RYK Show Grading Scorecard™, I will probably steal that for future show reports.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • segojasegoja Posts: 6,141 ✭✭✭✭
    Good Deal!

    I'm set up at table 109 Stop by and say hello

    The show was pretty solid for the first day, hopefully today (with the metals up) will bring even more good news.
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

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