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    7Jaguars7Jaguars Posts: 7,268 ✭✭✭✭✭

    Well, dam- the bottom of the pyramid, what with all the widgets and bottom-feeding going on!!!!
    Let them eat cake!!

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
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    oldstandardoldstandard Posts: 387 ✭✭✭

    Who is she talking about or is she mocking them?

    Of course we know the one person who had the most kick butt summer Baltimore ever-our super secret stealth seller. He did DOUBLE his sales vs last summer. The guy worked NON STOP from Monday until noon Friday. All we can say is we are so jealous he has the right formula. He clearly out sold us combining Long Beach and Baltimore (he did an amazing $1.4 million).

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    291fifth291fifth Posts: 23,945 ✭✭✭✭✭

    "Cheap is never cheap enough" is good advice in this market.

    All glory is fleeting.
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    291fifth291fifth Posts: 23,945 ✭✭✭✭✭

    @oldstandard said:
    Who is she talking about or is she mocking them?

    Of course we know the one person who had the most kick butt summer Baltimore ever-our super secret stealth seller. He did DOUBLE his sales vs last summer. The guy worked NON STOP from Monday until noon Friday. All we can say is we are so jealous he has the right formula. He clearly out sold us combining Long Beach and Baltimore (he did an amazing $1.4 million).

    I didn't get this part either.

    All glory is fleeting.
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    CameonutCameonut Posts: 7,258 ✭✭✭✭✭

    "Maybe we were in a fog, but both attendance and sales were week."

    I stopped reading right there. Week passes the spell check test but you have to wonder. I might read it if others think it is worth the time.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

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    Cougar1978Cougar1978 Posts: 7,642 ✭✭✭✭✭
    edited June 26, 2018 9:54AM

    There is no doubt the summer doldrums have their impact.

    Thanks for sharing the super star seller is a vest pocket trader. I kept envisioning some home run hitter behind his table.

    At last online auction (non eBay) got some great buys way below bid.

    The bids in the sheet and bullion need constant uptick action for market grow, do well.

    So Cali Area - Coins & Currency
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    CCGGGCCGGG Posts: 1,267 ✭✭✭✭✭

    @Cameonut said:
    "Maybe we were in a fog, but both attendance and sales were week."

    I stopped reading right there. Week passes the spell check test but you have to wonder.

    Noticed that too.

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    PhilLynottPhilLynott Posts: 881 ✭✭✭✭✭

    If typos and spelling/grammar errors preclude you from doing things then you shouldn't use PCGS anymore either since they have a few typos/errors on their submission form too.

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    kenriles012kenriles012 Posts: 170 ✭✭

    Not to be rude but has she ever written one that was overall negative? Not like the ones of "This is bad BUT" caveat stuff? Not trying to discredit the report just curious if ever been one that came off saying "It is just all around not well right now."

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    tradedollarnuttradedollarnut Posts: 20,147 ✭✭✭✭✭
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    cameonut2011cameonut2011 Posts: 10,062 ✭✭✭✭✭

    "An important note: while both the Long Beach Show and Baltimore were poor overall, they are NOT good indicators at all of he current market."

    This is just a bizarre statement to make. If two major coin shows are not good indicators of the current market, then it begs the question of what is. Otherwise, I enjoyed reading her reports.

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    specialistspecialist Posts: 956 ✭✭✭✭✭

    Simple, major coins shows save for FUN and ANA are the only real traffic shows any more. Anyone who does not agree you could bowl down the isles of Baltimore Fri and Saturday is lying.

    I even had a customer point out: " why should I attend shows?. The imaging of coins has gotten far better, I can see a far bigger selection online, and I don't have to shell out money or deal w/the stress of traveling." Summer shows are just ill timed to draw the crowds as well.

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    breakdownbreakdown Posts: 1,953 ✭✭✭✭✭

    I read Laura's reports every week. There is a certain amount of marketing of Legend in them, which I view as her right for presenting her perspective on the market.

    One thing that makes me laugh is when she describes how she is going to cut back on her work schedule and start taking it easier. But as far as I can tell, she never misses a show. And you see photos of auctions where she is one of two or three people in attendance.

    "Look up, old boy, and see what you get." -William Bonney.

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    specialistspecialist Posts: 956 ✭✭✭✭✭

    BREAKDOWN: I do not need to market/hype-our customer base is just fine. What I write is the truth of what I see happening. I am a wold class real market maker on the inside. So I know who is doing what. I don't write fluff. Legends resume should be enough to attract business. In addition, I fully acknowledge when things are slow.

    Yes, I am desperately trying to cut back. The stress of the job has severely taken its toll on me as have been ill for a few months. I already am at 100,000 miles in flight for the year-and I am deathly afraid of flying!!! I just missed Long Beach! I'm doing FUN because I have obligations to fill. Sadly, I probably will be cutting back on going to our auctions-we have a very capable staff. Originally, I was semi retiring until George had his heart attack and then business unexpectedly exploded in both Legend and the Auction business.

    I am now on a course to slow down-for real-I actually have no choice.

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    breakdownbreakdown Posts: 1,953 ✭✭✭✭✭

    Laura
    Bottom line is you love coins and the hobby. Legend has always treated me well - George would tell me when to pass on coins and your buybacks were always more than fair.
    My comment on you cutting back: you remind me of a lot of workaholics who tell me they are getting ready to slow down next month. And then say the same thing the next month. It's all good - you just need to find some time to go fishing.

    Please keep it up with the reports. Already read today's.
    Everyone should contribute to NUmismatic Consumer Alliance like you are. I have supported it over the years ( in a much smaller way). It serves an important function for the hobby, I believe -- standing up to shysters on behalf of people who need help. I wish JA would do more to market it but that just isn't his style.

    "Look up, old boy, and see what you get." -William Bonney.

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    Cougar1978Cougar1978 Posts: 7,642 ✭✭✭✭✭
    edited June 30, 2018 9:11AM

    I always look forward to her reports.

    So Cali Area - Coins & Currency
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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    It would help if USGTC and MWG were defined.

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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    I appreciate her market reports as much for her opinions as for what's between the lines.

    o:)

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    cameonut2011cameonut2011 Posts: 10,062 ✭✭✭✭✭

    @specialist said:
    The stress of the job has severely taken its toll on me as have been ill for a few months.

    I'm sorry to hear of your illness.

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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    I hope she takes the illness seriously.
    One of my coin dealer friends ignored some "signs" and should not have.

    There may be more stressful jobs than coins, but not too many.

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    specialistspecialist Posts: 956 ✭✭✭✭✭

    I do take my health seriously, I just came back from an appt at this world famous Princeton Longevity Center. Sadly, they still could not pinpoint my pain and problems (which did blow my mind). I am still searching. And no it is not a mental issue or weight related.

    I am trying now harder then ever to cut back and do only absolutely things I need too. My businesses are big and its hard to find a mini me, although we have found a great manager for the auctions. ....Remember, GH had that heart attack last year, so he is not 100% either.

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    spacehaydukespacehayduke Posts: 5,476 ✭✭✭✭✭

    @specialist said:
    Simple, major coins shows save for FUN and ANA are the only real traffic shows any more. Anyone who does not agree you could bowl down the isles of Baltimore Fri and Saturday is lying.

    I even had a customer point out: " why should I attend shows?. The imaging of coins has gotten far better, I can see a far bigger selection online, and I don't have to shell out money or deal w/the stress of traveling." Summer shows are just ill timed to draw the crowds as well.

    Good points but there is more to going to a show than just seeing coins, like seeing people and being part of a community, viewing 1000s of coins and learning from it. And seeing what you buy in hand is oh so much better, even with excellent online images. I still will go to the shows anytime I can. Also, compared buying 4 and 5 figure coins, that travel cost is low and is money well spent.

    Best, SH


    Successful transactions with-Boosibri,lkeigwin,TomB,Broadstruck,coinsarefun,Type2,jom,ProfLiz, UltraHighRelief,Barndog,EXOJUNKIE,ldhair,fivecents,paesan,Crusty...
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    Cougar1978Cougar1978 Posts: 7,642 ✭✭✭✭✭

    Everybody knows there have been more sellers than buyers. The market has been lackluster as a result especially the summer slow period.

    Collectors should take advantage of this before investors return. For the dealer a good buying show may be on the menu but strong sales forget it.

    If I have a horrible selling show I keep it to myself and focus on the buys. Bashing buyers or other bourse traders does not sell coins or earn respect and I strive always keep positive attitude with the bourse chairman and take certain things on the chin. This may be a time to take certain material off the market sort of like not wasting a players redshirt.

    Sooner or later big money investors will return, tiring of stocks. This lull could go down as a fantastic period to bulk up in ones area.

    So Cali Area - Coins & Currency
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    3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭

    100% I Love Her...The more people she pisses off; the Better her coins get, and the more they sell for...when my cash briefcase is full, she can take it to an Auction for me Anyday ;)

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    marcmoishmarcmoish Posts: 6,221 ✭✭✭✭✭

    @Cameonut said:
    "Maybe we were in a fog, but both attendance and sales were week."

    I stopped reading right there. Week passes the spell check test but you have to wonder. I might read it if others think it is worth the time.

    gotta disagree here cameo, like you really stopped reeding ?

    I expect spelling like that, that's LS, and do I really care? of course not. Why should I? I find her reports VERY informative grammar and all.

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    cameonut2011cameonut2011 Posts: 10,062 ✭✭✭✭✭
    edited July 2, 2018 4:09PM

    @specialist said:
    I make NO appologies what so ever about my spelling. It takes me hours to write those reports. I do try and read them, but I am only concerned about the information side. I 100% tell it like I see it. Hey, one of our all time biggest early customers could not say or pronounce numismatists and called Gobrecht dollars: Gorbacuvs. But the wisdom I learned from made me what I am today.

    My reports are written for MY customers-not the masses. Of course there are always people who disagree, but they are not who I deal with. Much o the dismay of many people here, I have many (and I mean many) customers who go back OVER 30 years with me. There has to be a reason!

    College student English majors can be hired for $10-15/hr., which is a small price to pay if it allows for improved clarity in conveying a speaker's message. That's about the cost of having CAC sticker a widget.

    P.S. I'm not a grammar Nazi, but a couple of your older blog posts (pre-revision) left me totally clueless as to what I had read.

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    marcmoishmarcmoish Posts: 6,221 ✭✭✭✭✭

    @specialist said:
    I make NO appologies what so ever about my spelling. It takes me hours to write those reports. I do try and read them, but I am only concerned about the information side. I 100% tell it like I see it. Hey, one of our all time biggest early customers could not say or pronounce numismatists and called Gobrecht dollars: Gorbacuvs. But the wisdom I learned from made me what I am today.

    My reports are written for MY customers-not the masses. Of course there are always people who disagree, but they are not who I deal with. Much o the dismay of many people here, I have many (and I mean many) customers who go back OVER 30 years with me. There has to be a reason!

    Agreed, I wasn't directing this to you laura

    I'm by no means a heavy hitter or high $ roller but your comments over time has always been spot on helpful. The little that I bought from you over the years (compared to others) has always been SOLID buys, I've always made money when I sold, and I can NOT say that for most other dealers.

    That is a fact!

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    tradedollarnuttradedollarnut Posts: 20,147 ✭✭✭✭✭

    @cameonut2011 said:

    @specialist said:
    I make NO appologies what so ever about my spelling. It takes me hours to write those reports. I do try and read them, but I am only concerned about the information side. I 100% tell it like I see it. Hey, one of our all time biggest early customers could not say or pronounce numismatists and called Gobrecht dollars: Gorbacuvs. But the wisdom I learned from made me what I am today.

    My reports are written for MY customers-not the masses. Of course there are always people who disagree, but they are not who I deal with. Much o the dismay of many people here, I have many (and I mean many) customers who go back OVER 30 years with me. There has to be a reason!

    College student English majors can be hired for $10-15/hr., which is a small price to pay if it allows for improved clarity in conveying a speaker's message. That's about the cost of having CAC sticker a widget.

    P.S. I'm not a grammar Nazi, but a couple of your older blog posts (pre-revision) left me totally clueless as to what I had read.

    Give it a rest already. Billionaires eat it up...

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    cameonut2011cameonut2011 Posts: 10,062 ✭✭✭✭✭

    @tradedollarnut said:

    @cameonut2011 said:

    @specialist said:
    I make NO appologies what so ever about my spelling. It takes me hours to write those reports. I do try and read them, but I am only concerned about the information side. I 100% tell it like I see it. Hey, one of our all time biggest early customers could not say or pronounce numismatists and called Gobrecht dollars: Gorbacuvs. But the wisdom I learned from made me what I am today.

    My reports are written for MY customers-not the masses. Of course there are always people who disagree, but they are not who I deal with. Much o the dismay of many people here, I have many (and I mean many) customers who go back OVER 30 years with me. There has to be a reason!

    College student English majors can be hired for $10-15/hr., which is a small price to pay if it allows for improved clarity in conveying a speaker's message. That's about the cost of having CAC sticker a widget.

    P.S. I'm not a grammar Nazi, but a couple of your older blog posts (pre-revision) left me totally clueless as to what I had read.

    Give it a rest already. Billionaires eat it up...

    I'm not attacking or making fun of her. I'm saying that she has a lot of knowledge to share, but it can be lost in translation.

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    tradedollarnuttradedollarnut Posts: 20,147 ✭✭✭✭✭

    Actually, no it can’t. It’s been proven that people can read what you mean despite spelling or grammatical errors.

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    JustMe2JustMe2 Posts: 179 ✭✭

    At least in my case that is 100% true. Have ready many reports and have almost never seen any spelling or grammar issues. So enuf with spelling.

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    stmanstman Posts: 11,352 ✭✭✭✭✭

    @tradedollarnut said:

    @cameonut2011 said:

    @specialist said:
    I make NO appologies what so ever about my spelling. It takes me hours to write those reports. I do try and read them, but I am only concerned about the information side. I 100% tell it like I see it. Hey, one of our all time biggest early customers could not say or pronounce numismatists and called Gobrecht dollars: Gorbacuvs. But the wisdom I learned from made me what I am today.

    My reports are written for MY customers-not the masses. Of course there are always people who disagree, but they are not who I deal with. Much o the dismay of many people here, I have many (and I mean many) customers who go back OVER 30 years with me. There has to be a reason!

    College student English majors can be hired for $10-15/hr., which is a small price to pay if it allows for improved clarity in conveying a speaker's message. That's about the cost of having CAC sticker a widget.

    P.S. I'm not a grammar Nazi, but a couple of your older blog posts (pre-revision) left me totally clueless as to what I had read.

    Give it a rest already. Billionaires eat it up...

    @tradedollarnut said:

    @cameonut2011 said:

    @specialist said:
    I make NO appologies what so ever about my spelling. It takes me hours to write those reports. I do try and read them, but I am only concerned about the information side. I 100% tell it like I see it. Hey, one of our all time biggest early customers could not say or pronounce numismatists and called Gobrecht dollars: Gorbacuvs. But the wisdom I learned from made me what I am today.

    My reports are written for MY customers-not the masses. Of course there are always people who disagree, but they are not who I deal with. Much o the dismay of many people here, I have many (and I mean many) customers who go back OVER 30 years with me. There has to be a reason!

    College student English majors can be hired for $10-15/hr., which is a small price to pay if it allows for improved clarity in conveying a speaker's message. That's about the cost of having CAC sticker a widget.

    P.S. I'm not a grammar Nazi, but a couple of your older blog posts (pre-revision) left me totally clueless as to what I had read.

    Give it a rest already. Billionaires eat it up...

    @tradedollarnut said:
    Actually, no it can’t. It’s been proven that people can read what you mean despite spelling or grammatical errors.

    @tradedollarnut said:
    Actually, no it can’t. It’s been proven that people can read what you mean despite spelling or grammatical errors.

    @tradedollarnut said:
    Actually, no it can’t. It’s been proven that people can read what you mean despite spelling or grammatical errors.

    @tradedollarnut said:
    Actually, no it can’t. It’s been proven that people can read what you mean despite spelling or grammatical errors.

    @tradedollarnut said:
    Actually, no it can’t. It’s been proven that people can read what you mean despite spelling or grammatical errors.

    @tradedollarnut said:
    Actually, no it can’t. It’s been proven that people can read what you mean despite spelling or grammatical errors.

    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
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    stmanstman Posts: 11,352 ✭✭✭✭✭

    So they want to overpower us talking money of course. And the sidekick always for 15 years it seems like tells us what she really means. Let it go already it is ridiculous.

    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
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    cameonut2011cameonut2011 Posts: 10,062 ✭✭✭✭✭
    edited July 3, 2018 12:58AM

    @JustMe2 said:
    At least in my case that is 100% true. Have ready many reports and have almost never seen any spelling or grammar issues. So enuf with spelling.

    Most of the older stuff was later edited to make it comprehensible. On another note, people are acting as if people are victimizing her - they are not. No one has attacked her character. I applaud her work for the ANA and for speaking out against doctoring. I'm merely saying that her message would be more effective if she would (1) have someone type her stuff or edit it and (2) take a different tone that doesn't come off as being overly antagonistic (not these two show reports necessarily) to people who might otherwise find common ground with her. Many readers will move on if prose is unclear or has major issues. We can debate whether it is the best approach or not, but it is a reality.

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    tradedollarnuttradedollarnut Posts: 20,147 ✭✭✭✭✭

    @stman said:
    So they want to overpower us talking money of course. And the sidekick always for 15 years it seems like tells us what she really means. Let it go already it is ridiculous.

    Don’t you have an open forum to pollute?

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    stmanstman Posts: 11,352 ✭✭✭✭✭

    @tradedollarnut said:

    @stman said:
    So they want to overpower us talking money of course. And the sidekick always for 15 years it seems like tells us what she really means. Let it go already it is ridiculous.

    Don’t you have an open forum to pollute?

    That is for you. You know so you can act like the common dude. Do you have anything to do but back your investment Legen on probably
    Every forum related on the Internet. Oh I better be careful or you will snitch me off to the powers that be like you probably do frequently with people that don’t match up to your standards. I sure wish I could say what I would like to say.

    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
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    tradedollarnuttradedollarnut Posts: 20,147 ✭✭✭✭✭
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    7Jaguars7Jaguars Posts: 7,268 ✭✭✭✭✭

    I don't quite agree as that last little bit of polish still does matter to some people. I guess over time, the "correct" customer is one fitting the mold. Who cares about a bit of class? Well, some.
    She is successful at what she does, period.

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
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    2ndCharter2ndCharter Posts: 1,642 ✭✭✭✭✭

    I like the Legend market reports... and Laura's comments... Always an enjoyable read. Cheers, RickO

    Ditto - Every Saturday after lunch, I take the time to read Laura's latest Market Report along with the newest online issue of Coin World.

    Member ANA, SPMC, SCNA, FUN, CONECA

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    Inspired70Inspired70 Posts: 505 ✭✭✭✭✭

    Laura and Legend staff are top class dealers and deserve much respect within our collective cherished business/hobby.

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    stmanstman Posts: 11,352 ✭✭✭✭✭

    Ain’t this special. The more things so-called change, the more everything is the same. And for those that think I am a hater for big John you couldn’t be more wrong.

    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
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    Cougar1978Cougar1978 Posts: 7,642 ✭✭✭✭✭
    edited July 3, 2018 12:06PM

    Reality is many dealers pressured sell at low prices for cash flow (summer slow season). This is especially true if they are inventory heavy. Until the bids start plusing / bullion rises the carnage will continue.

    Market facing transition by new / younger investors more interested in recent issues especially if slabbed and close to melt. Many are professionals with around $80 k annual income focusing on material compatible with their $300 to $650 monthly numismatic budget. Dollars, Walkers, Mods, World popular with them especially if in $50-$200 range. Key US type in G04 and above popular with this group in $300 range and under. Corporate downsizing / automation has eliminated much of the income opportunity / growth which existed 25 years ago. I am sitting on the fence they will gravitate to more expensive issues early 20th century and prior.

    I do believe the best quality better date and CC material one can afford has a solid future.

    So Cali Area - Coins & Currency
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    ElcontadorElcontador Posts: 7,422 ✭✭✭✭✭
    edited July 3, 2018 12:51PM

    @specialist said:
    Simple, major coins shows save for FUN and ANA are the only real traffic shows any more. Anyone who does not agree you could bowl down the isles of Baltimore Fri and Saturday is lying.

    I even had a customer point out: " why should I attend shows?. The imaging of coins has gotten far better, I can see a far bigger selection online, and I don't have to shell out money or deal w/the stress of traveling." Summer shows are just ill timed to draw the crowds as well.

    Several problems here:
    1) Too many shows.
    2) This customer needs to be educated. I don't care how good images are, you need to see the coin. On too many occasions to count, I've seen situations where images don't show how the coin looks in hand, and the people taking the pics weren't trying to scam the viewer.
    You also need to see coins in hand to know what current grading standards are. They've changed quite a bit in the last four years for what I collected.
    3) You want to buy coins from images? You'll have your head handed to you when you sell them.
    4) If you're in a major metropolitan area, you don't have far to go to get to a major show. I've never gotten on a plane to attend a show, and never will.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."

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