Pinnacle ANA Report

Justacommeman

https://www.pinnacle-rarities.com/index.php/blog-blog/?p=1178

mark

Regulated

Short, sweet, and from what I can see, correct.

The traffic on the floor was weak, but when I tallied up my sales, it turned out to be my highest grossing show ever.

Treashunt

The only nutty item was the reference to
"Rick Harrison, from the popular TV show Pawn Stars. was at the show signing autographs and promoting the modern commemorative dollars featuring his likeness on the holder. His show featured a rare coin “pawn” in this week’s episode."

a waste of 30 seconds of my life

BillJones

If it was like Winter ANA, I could see where a dealer who had good material that was properly graded and fairly priced might do very well. The reason is there is very little nice material out there to buy. The most recent Winter FUN and the Winter ANA shows were both disappointing for me.

Regulated

@BillJones said:
If it was like Winter ANA, I could see where a dealer who had good material that was properly graded and fairly priced might do very well. The reason is there is very little nice material out there to buy. The most recent Winter FUN and the Winter ANA shows were both disappointing for me.

That seems to have been the general consensus among most of the professionals I spoke with. We were spoiled with an embarrassment of riches for a few years (Newman, Gardner, Pogue, Kendall, etc.), and now that the good stuff is starting to dry up, people seem to be have realized that rare coins are, in fact, rare.

topstuf

What is, "cautiously poised for a bull run?"

I hope that wasn't written in Pamplona.

CaptHenway

FWIW, I was at a coin club dinner in Colorado Springs last night, and most of the members had spent some time at the ANA. Everybody seemed to agree that it had been a good show for them.

My only complaint was that there were not more exhibits.

TD

Lakesammman

I didn't notice a lack of great coins at the Kagin table! There were several I would have liked to take home.

Could also have found a spot for a coin or 2 from Tony Teranova!

cameonut2011

I'm glad to hear that the market appears to be in a recovery.

ricko

Interesting... between Charmy's report and this one, it seems as if the coin market may be turning up along with the general economy.....Cheers, RickO

brg5658

I always read "dealer market reports" with a grain of salt. A favorable market for dealers (i.e., profits) does not always mean a good market for every-day collectors (i.e., reasonable prices).

So much of show success for dealers seems to hinge on how much trading and selling they do amongst themselves, that I oft ignore the rumbling all together. I'm happy to pay depressed prices for coins as long as I can.