Any Gettysburg show reports?

hickoryridge

Anyone go?

BillJones

There was a post ATS that said the show was slow, but that he had found something he needed. That's all I know, and it's second hand.

CoinZip

Reeded Edge posted a show report ... http://www.reedededge.com/

MICHAELDIXON

The show was busy both days and everything to include inexpensive foreign coins (3/$1) were selling. Collectors for high end key dates were out in force. Friday the show slowed around 3pm, but the last buyers did not leave until 6:30pm. Being at the front door, I greeted the public first, answered questions as to who was selling specific coins, who was purchasing specific items and gave several appraisals. I walked the floor and talked to many collectors who showed me their purchases and thanked me for putting on the show.

Of the dealers who were there, one told me he did "so-so." Being honest, I was surprised he did "so-so" with his attitude and sour disposition. If a dealer is not congenial and a people person, they will not do well. Lester White had a great show and wants to continue for another ten years. If you know Les, he is 82 years young and going strong. Another dealer told me he did not have a good show, he had a GREAT show! 96.8% of the dealers will be returning ,and unfortunately, 2 dealers will not be invited back.

One dealer, and board member, sold everything in his show cases at once. I saw his sign wanting to sell everything and didn't think he could sell everything. Once he started taking the boxes out on a dolly, I understood he had actually sold everything.

Alan, Bill and I invite you to next year's National Battlefield Coin Show in Gettysburg. It will be held September 14-15, 2018. If you call the Eisenhower Hotel and tell them you would like the Coin Show room rate, the discounted price is $77 per night.

golden

Sounds like a very good show. Wish that I could have attended.

PTVETTER

I was at the show and I can tell this about this and other shows.
I believe that for MANY reasons shows are slowing down and that is a sad truth.
It is always better to buy coin you can see in hand than photos on a screen!
I will be doing this show again and have meet some very nice collectors there.

My shortcoming is that I am not a big wholesale dealer. At today's shows so much business is done dealer to dealer.

My big question is why don't collector's step to the plate and pay the going price?
If is sell a coin to a dealer as sure as god made little green apples the dealer is going to sell it for more.
I offer a coin to a collector for $50.00 he turns it down and 2 hours later a dealer pays the $50.00.

The show it's self has is a nice venue for the show.
The rooms are less than average, but for what one needs,(a shower and a bed) they are OK..

Like all shows some dealer did OK and other did very well.

I recommend this show to any collector, They can almost find anything they need.

ricko

Excellent show reports...thanks guys..... that sounds like a show I would like to attend.... maybe next year...I do not really travel to shows, but I have been considering changing that... since there are NO shows in my area at all. And, it is not a major distance away... Cheers, RickO

MorganMan94

@MICHAELDIXON said:
The show was busy both days and everything to include inexpensive foreign coins (3/$1) were selling. Collectors for high end key dates were out in force. Friday the show slowed around 3pm, but the last buyers did not leave until 6:30pm. Being at the front door, I greeted the public first, answered questions as to who was selling specific coins, who was purchasing specific items and gave several appraisals. I walked the floor and talked to many collectors who showed me their purchases and thanked me for putting on the show.

Of the dealers who were there, one told me he did "so-so." Being honest, I was surprised he did "so-so" with his attitude and sour disposition. If a dealer is not congenial and a people person, they will not do well. Lester White had a great show and wants to continue for another ten years. If you know Les, he is 82 years young and going strong. Another dealer told me he did not have a good show, he had a GREAT show! 96.8% of the dealers will be returning ,and unfortunately, 2 dealers will not be invited back.

One dealer, and board member, sold everything in his show cases at once. I saw his sign wanting to sell everything and didn't think he could sell everything. Once he started taking the boxes out on a dolly, I understood he had actually sold everything.

Alan, Bill and I invite you to next year's National Battlefield Coin Show in Gettysburg. It will be held September 14-15, 2018. If you call the Eisenhower Hotel and tell them you would like the Coin Show room rate, the discounted price is $77 per night.

Great show report, I wish I was closer!

divecchia

That sounds like it was a great show!!!

Maybe I can plan a trip around it next time I visit the Gettysburg area.

Donato

BillJones

My big question is why don't collector's step to the plate and pay the going price? If is sell a coin to a dealer as sure as god made little green apples the dealer is going to sell it for more. I offer a coin to a collector for $50.00 he turns it down and 2 hours later a dealer pays the $50.00.

The answers to this question are multifaceted. Yes, there are some cheapskate collectors who are not willing to pay a fair price for a choice coin. Some of them won’t know a choice coin if it bit them on the leg. Many think that buying a subscription to the “Coin Dealer Newsletter” (a.k.a. Gray sheet) gives them to right to buy at wholesale. It doesn’t. It only gives you some additional price information, and not all of that price information is good.

Beyond that, the collector and the dealer are coming from different perspectives. The dealer is looking to buy coins that they sell for a profit as rapidly as possible. If they know that they have a customer for a coin, they might be willing to pay more if the price allows them to make their mark-up.

For the collector buying a coin is often a long-term commitment. Selling a piece at a profit or even at a breakeven or near breakeven price is often difficult. A lot of dealers have the attitude that they should pay less to a collector for same coin than they would to another dealer. I think that’s stupid and self-defeating, especially if you know that you can sell the coin and make your money. Paying a fair price to a collector might give you access to more good material, and if the collector is active, another good customer. The source should have nothing to do with it, but for many dealers it does.

Collectors often have a narrower area of interest than the general merchandise dealer. You might have a great deal on a gold coin, but if the collector does not collect gold his interest will be low, and his knowledge will be insufficient to support a purchase.

Collectors get tired of getting pounded when they try to sell coins. I know that from firsthand experience. Things really changed for me when I retired and I tried to sell and buy some coins from or for my collection. People who know me, know I don’t handle very much “dreck,” and when I have “dreck” it gets priced accordingly. Still I’ve dealers try to chisel me on properly graded material, and that conduct does nothing enhance their reputation with the collector community.

So that’s why collectors aren’t buying coins that you think are “good deals.” It might be attractive to a dealer, but for a collector, it can seem like a “a money trap.”

Treashunt

@BillJones said:

My big question is why don't collector's step to the plate and pay the going price? If is sell a coin to a dealer as sure as god made little green apples the dealer is going to sell it for more. I offer a coin to a collector for $50.00 he turns it down and 2 hours later a dealer pays the $50.00.

The answers to this question are multifaceted. Yes, there are some cheapskate collectors who are not willing to pay a fair price for a choice coin. Some of them won’t know a choice coin if it bit them on the leg. Many think that buying a subscription to the “Coin Dealer Newsletter” (a.k.a. Gray sheet) gives them to right to buy at wholesale. It doesn’t. It only gives you some additional price information, and not all of that price information is good.

Beyond that, the collector and the dealer are coming from different perspectives. The dealer is looking to buy coins that they sell for a profit as rapidly as possible. If they know that they have a customer for a coin, they might be willing to pay more if the price allows them to make their mark-up.

For the collector buying a coin is often a long-term commitment. Selling a piece at a profit or even at a breakeven or near breakeven price is often difficult. A lot of dealers have the attitude that they should pay less to a collector for same coin than they would to another dealer. I think that’s stupid and self-defeating, especially if you know that you can sell the coin and make your money. Paying a fair price to a collector might give you access to more good material, and if the collector is active, another good customer. The source should have nothing to do with it, but for many dealers it does.

Collectors often have a narrower area of interest than the general merchandise dealer. You might have a great deal on a gold coin, but if the collector does not collect gold his interest will be low, and his knowledge will be insufficient to support a purchase.

Collectors get tired of getting pounded when they try to sell coins. I know that from firsthand experience. Things really changed for me when I retired and I tried to sell and buy some coins from or for my collection. People who know me, know I don’t handle very much “dreck,” and when I have “dreck” it gets priced accordingly. Still I’ve dealers try to chisel me on properly graded material, and that conduct does nothing enhance their reputation with the collector community.

So that’s why collectors aren’t buying coins that you think are “good deals.” It might be attractive to a dealer, but for a collector, it can seem like a “a money trap.”

Great comments, thanks

Exbrit

@MICHAELDIXON said:
The show was busy both days and everything to include inexpensive foreign coins (3/$1) were selling. Collectors for high end key dates were out in force. Friday the show slowed around 3pm, but the last buyers did not leave until 6:30pm. Being at the front door, I greeted the public first, answered questions as to who was selling specific coins, who was purchasing specific items and gave several appraisals. I walked the floor and talked to many collectors who showed me their purchases and thanked me for putting on the show.

Of the dealers who were there, one told me he did "so-so." Being honest, I was surprised he did "so-so" with his attitude and sour disposition. If a dealer is not congenial and a people person, they will not do well. Lester White had a great show and wants to continue for another ten years. If you know Les, he is 82 years young and going strong. Another dealer told me he did not have a good show, he had a GREAT show! 96.8% of the dealers will be returning ,and unfortunately, 2 dealers will not be invited back.

One dealer, and board member, sold everything in his show cases at once. I saw his sign wanting to sell everything and didn't think he could sell everything. Once he started taking the boxes out on a dolly, I understood he had actually sold everything.

Alan, Bill and I invite you to next year's National Battlefield Coin Show in Gettysburg. It will be held September 14-15, 2018. If you call the Eisenhower Hotel and tell them you would like the Coin Show room rate, the discounted price is $77 per night.

Will the couple (dealer) from Chattanooga, Tennessee be back next year? This was their first show. I enjoyed talking to them. The show was very nice, but I thought it was a bit slow. That ended up making it one of the more enjoyable shows that I attended. I actually could talk to a few dealers without feeling rushed. The show was very well run and it was laid out nicely.

Michael were you working the door on Saturday?

MICHAELDIXON

"Michael were you working the door on Saturday?"

I was one of 2 or 3 at the door on Saturday. I had on the grey PCGS shirt.

"Will the couple (dealer) from Chattanooga, Tennessee be back next year?"

I will check to see which dealer was from Chattanooga and let you know.

Unknown

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MorganMan94

@FadeToBlack Can I ask what there is to disagree with regarding my post above? This is the second post you have disagreed with of mine for literally no reason.

Unknown

This content has been removed.

MorganMan94

@FadeToBlack said:

@MorganMan94 said:
@FadeToBlack Can I ask what there is to disagree with regarding my post above? This is the second post you have disagreed with of mine for literally no reason.

Huh, my bad, that wasn't intentional! I just looked through your other disagree tags and didn't find any others?

Sorry! My bad, that was someone else who did the other. I should have looked closer.

PTVETTER

@FadeToBlack said:

@PTVETTER said:
My big question is why don't collector's step to the plate and pay the going price?
If is sell a coin to a dealer as sure as god made little green apples the dealer is going to sell it for more.
I offer a coin to a collector for $50.00 he turns it down and 2 hours later a dealer pays the $50.00.

I'm always willing to pay the going price if a dealer has quality material that matches my sets. Unfortunately, that is so rare that it pretty much never happens. I'm a very picky collector, in general, as far as what I pick up for my sets. I'm very focused at shows thanks to the abundance of material to go though, and if whatever I'm looking at isn't on my list, I am usually just looking for a good deal. I understand that dealers aren't in business to give me good deals, and that's fine.

The problem is that whenever I do spot something I'd like to add simply because I like it, the dealers jack up the price. IE; I asked a dealer about a common-date Merc, non-CAC, in an OGH recently. Ebay sold results were at $55-$60. His price? $85.
Another one was a semi-PL toned common-date PCGS 64 Morgan. The colors weren't crazy, but they were nice. $70 coin or so, maybe a bit of extra juice for the color. Dealers price? $225. He later sold it on eBay for $110 or something, I was outbid on it. I could get an actual 64PL Morgan of the same date for $150.

It's a joke, nobody is paying $85 for that Merc or $225 for that Morgan, if the dealer wants that they can send it to CAC and try for a gold. Why don't dealers offer me stuff at wholesale rates or eBay rates? I'll buy plenty then. But they insist on jacking up the prices because I'm likely an end consumer for what I buy at shows.

That's why I don't attend shows much any more. Too many dealers add a vig for shows, to comp the added expenses. Not my cup of tea, I'm good enough at reading pictures to do most of my buying online at non-inflated prices for the "in-hand premium". Shows just turn me off the hobby as a whole, Because it always seems to me that the quality material is out of reach. Don't get me wrong, it's nice to see the eye candy and talk with dealers and other collectors, but spending 2-3 hours walking a bourse and coming away empty-handed after looking at thousands of coins is tremendously frustrating.

I'd much rather keep splashing around in my kiddy pool with the occasional great score that falls between the cracks, it's more invigorating and fun.

I don't see any reason to send an $85.00 coin to CAC
consider this the grading fees, S&H, and CAC fees they would equal to $????.

Now for a $225.00 morgan maybe worth a trip to CAC!

Unknown

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1630Boston

@MICHAELDIXON
You said that one dealer was not "congenial" ? I have met many like that at the very few shows that I have gone too.
It's too bad.

Anyway, if I knew you were greeting people at the door I might have made the trip

Thanks for the report Mike