Local B&Ms still quiet
bestday
Posts: 4,242 ✭✭✭✭
I visited several Chicago area B&Ms over the last days .. only action in B&Ms was mailing Ebay auction sales ... another large dealer store was empty ..where 2 years ago would be filled with dealers .....My dealer friend layed off 2 people because of slow traffic.. How is action in other parts ?
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Too many positive BST transactions with too many members to list.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
Ditto, primarily Gold & Silver exchanges...they exchange their gold & silver for your money. They pay next to nothing for coins and want the moon for the ones that they do have.
Send for my free list.
Both shops here in Fargo, ND seem to be doing well. Weather has been keeping people at home for much of the last 2 weeks. I think the coin show at the end of the month here in town will be a real tell for the strength of the local market. At the coin club meeting last night we talked about the show and we are 1 table away from a full house of 58 dealers; our average for this show is 45. Our last show in November had a record turnout as well.
As for rare coin sales here in the shop no real drop offs, I still tend to do much of my business on CCE and our ebay store which is quite diverse in what we list.
No traction, no selling, but still wanting the high prices.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Both shops here in Fargo, ND seem to be doing well. Weather has been keeping people at home for much of the last 2 weeks. I think the coin show at the end of the month here in town will be a real tell for the strength of the local market. At the coin club meeting last night we talked about the show and we are 1 table away from a full house of 58 dealers; our average for this show is 45. Our last show in November had a record turnout as well.
As for rare coin sales here in the shop no real drop offs, I still tend to do much of my business on CCE and our ebay store which is quite diverse in what we list.
Would the increase in dealers attending your show have anything to do with Minnesota bullion regulations?
Both shops here in Fargo, ND seem to be doing well. Weather has been keeping people at home for much of the last 2 weeks. I think the coin show at the end of the month here in town will be a real tell for the strength of the local market. At the coin club meeting last night we talked about the show and we are 1 table away from a full house of 58 dealers; our average for this show is 45. Our last show in November had a record turnout as well.
As for rare coin sales here in the shop no real drop offs, I still tend to do much of my business on CCE and our ebay store which is quite diverse in what we list.
Would the increase in dealers attending your show have anything to do with Minnesota bullion regulations?
Hard to say I know many customers were coming here to avoid the sales taxes on bullion. As for the reporting and tax collecting I haven't had anyone really ask about it. Not that I feel required to enforce another state's arbitrary laws.
Both shops here in Fargo, ND seem to be doing well. Weather has been keeping people at home for much of the last 2 weeks. I think the coin show at the end of the month here in town will be a real tell for the strength of the local market. At the coin club meeting last night we talked about the show and we are 1 table away from a full house of 58 dealers; our average for this show is 45. Our last show in November had a record turnout as well.
As for rare coin sales here in the shop no real drop offs, I still tend to do much of my business on CCE and our ebay store which is quite diverse in what we list.
Would the increase in dealers attending your show have anything to do with Minnesota bullion regulations?
Hard to say I know many customers were coming here to avoid the sales taxes on bullion. As for the reporting and tax collecting I haven't had anyone really ask about it. Not that I feel required to enforce another state's arbitrary laws.
I believe that some Minnesota dealers held their shows in Iowa, to get around the Minny bullion requirements.
Been slow at my local dealer... not much coming in = not much going out... I miss $30 silver, even if it made my favorite part of the hobby (junk silver picking) way more expensive, I was finding way more good material.
Good point. One which I've never thought of before.
Too many positive BST transactions with too many members to list.
find me a B&M dealer who likes to have a quiet, empty shop and I'll show you a dealer who will probably be closed in a year or two.
You're invited to a nice quiet, empty sit-in here. Going on the 7th year. I may have to charge you for the coffee, though.
Think out the future..... shops and shows die out because everyone is buying on the net... the only problem is where will the folks who sell on the net purchase the material?
Just got off the phone with a top registry Roosevelt dime collector. He wants to know of the 3 1982 (No P) MS 66 in PCGS holders , what he should do with the one in the original "First Generation" flip that is not really like a "holder" of today. I told him I would seek advice here on the boards. I told him to leave it where it's at, but anyone got a better idea ?
Note : He was not interested in selling any of them. He wanted my advice , as a B&M dealer