Local show observations for October 2

291fifth

I don't go to local shows much anymore so this was my first visit to one in some time. This was the Royal Oak (MI) Coin Club show which was held at the UFCW Hall in Madison Heights, a new location.

The hall has plenty of free parking and is well lit. I am guessing that about 30 dealers were in attendance. This is a one day show.

I arrived at 1PM so most of the action was probably already over with. Some observations:

1. There were plenty of slabbed coins available with most being PCGS, NGC or ANACS. The third tier slabs seem to have largely disappeared.

2. Very few of the PCGS or NGC coins had "stickers". I suspect that most had never been submitted as they were not in the price range that seems to demand "stickers".

3. Attendance at 1PM seemed a bit light. What business was going on seemed centered more around bullion related items as opposed to numismatic coins.

4. A long time, well established dealer I talked to (and have known for many years) indicated that the numismatic coin market is so-so at best.

5. This was a very friendly show and while my visit was short it was enjoyable.

6. I didn't attempt to buy or sell anything. This was just a trip to try and get a feel for the local market.

logger7

I went to a small local show toward closing, picked up an 1806 Bust half that looks choice fine with some minor rim hits; also a choice AU 1859-O Seated dime, maybe I'm a fool for buying into the sagging market. I've heard some say that after the elections business should pick up.

Jackthecat1

Thank you for the show report. I like the usually casual and pleasant atmosphere found at small local shows like this.

Timbuk3

I went to a local collectors show here in Honolulu
today. Purchased a 2001 W proof ASE with box
and COA for $30.00 !!! ??

Justacommeman

Good report. Thank you. I miss Royal Oak



mark

ricko

Good report.... thanks. I miss those small, local shows... usually friendly ... and often some good to reasonable deals....Cheers, RickO

keets

I should have bee at a show yesterday, but the Bourse Chairman kicked me out ad infinitum so I was instead at home enjoying a very rainy Sunday watching Football and Baseball. all that aside, your report indicates what I have seen and thought for several months now --- so so.