How to gauge a coin shows success?
EagleEye
Posts: 7,677 ✭✭✭✭✭
What is the best way to gauge a shows success?
First off, I think most buyers are buying from the internet - through auctions, dealers web sites and eBay. There are a few who refuse to buy a coin without seeing it in-hand at a show, but these are a very small percentage of buyers. With imaging getting very good and return privileges in place, collectors are now finding it so much easier to shop at home.
I think the CSNS show that just finished was a very good show. The prices at the Heritage auction were very strong and there seemed to be good dealer-to-dealer business going on. If there is strong competition for great coins, then I think the underlying pressure from collectors is pretty good. They may not be coming out to the shows, but their presence is being felt though their bids and their dealer's buys.
I sell nearly all my coins off my web site. I view shows as a form of advertising. Collectors look and see what you have and then go home and buy off the web site after they do their research.
A poor show would be one were there is nothing good to buy.
The CSNS show had some great coins show up. There was the AVA collection at Chris Nepolitano's table. A complete set of $20 Libs - an outstanding collection, 40 years in the making. I found the Roper 1793 Periods Chain cent (An AU coin with a burnished field which made it very affordable.) I even bought Legend's 1856 FE Cent PR65! I also got some amazing Large cents for a customer - 1793 Liberty Cap S16 in VF - Tied for finest known, some beautiful Classic head Large cents.
First off, I think most buyers are buying from the internet - through auctions, dealers web sites and eBay. There are a few who refuse to buy a coin without seeing it in-hand at a show, but these are a very small percentage of buyers. With imaging getting very good and return privileges in place, collectors are now finding it so much easier to shop at home.
I think the CSNS show that just finished was a very good show. The prices at the Heritage auction were very strong and there seemed to be good dealer-to-dealer business going on. If there is strong competition for great coins, then I think the underlying pressure from collectors is pretty good. They may not be coming out to the shows, but their presence is being felt though their bids and their dealer's buys.
I sell nearly all my coins off my web site. I view shows as a form of advertising. Collectors look and see what you have and then go home and buy off the web site after they do their research.
A poor show would be one were there is nothing good to buy.
The CSNS show had some great coins show up. There was the AVA collection at Chris Nepolitano's table. A complete set of $20 Libs - an outstanding collection, 40 years in the making. I found the Roper 1793 Periods Chain cent (An AU coin with a burnished field which made it very affordable.) I even bought Legend's 1856 FE Cent PR65! I also got some amazing Large cents for a customer - 1793 Liberty Cap S16 in VF - Tied for finest known, some beautiful Classic head Large cents.
Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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Latin American Collection
The 56 FE is a great coins - congrats!
The bummer of the show was Charmy having to endure being away from her husband after the off-roading accident he had in Baja. He has our prayers.
I did not know this. They both have my prayers.
With all the chatter about online sales taking over, I definitely don't want it to lead to the death of coin shows!!!
I am one of those "shop online, buy at the show" guys. A couple of Long Beach shows ago, I probably bought 3 coins, and I had "pre-viewed" all of them online. Just needed that extra face-to-face to push me over the top. Sure, I could have bought online and risked the return....but nothing beats the simplicity of an in person buying experience. The online pre-viewing is just a pre-show perk.
Picking up some good buys is also a plus.
That is an impressive statement and I think it serves you well to think that way.
Not all collectors are super savvy.
They may have done their homework and came to the show to seal the deal but loose confidence when the time comes.
Also sometimes people see something that catches their eye that they had no intention on buying. They want to get home and do their research.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
The bummer of the show was Charmy having to endure being away from her husband after the off-roading accident he had in Baja. He has our prayers.
Did this blow over the last posters heads?
Hope your Hubby is well Charmy!
No.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
I sell nearly all my coins off my web site. I view shows as a form of advertising. Collectors look and see what you have and then go home and buy off the web site after they do their research.
This seems to be the trend. You need in the in-person show attendance to build the brand, but the sales are on the website.
I gauge a good coin show by how much interest and fun one has. The money aspect is secondary. I know that's the whole reason we go to these shows but sometimes, I just go for the atmosphere and commerardary.-joey
"Jesus died for you and for me, Thank you,Jesus"!!!
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