From my perspective...I am a part time dealer that has a store front and only shows at the PAN show twice a year....
Got to the show around noon after my 15 minute drive in traffic. Beautiful day...
Impossible to find a parking spot because of the show...UNFORTUNATELY THE CRAFT SHOW...that was sharing the building....we are in the wrong business! See picture and see if you can figure which is which...
My first stop after my long journey was the rest room, and then to find my super secret buyer of "widgets and stuff".....shout out to super secret "Sheldon". After an easy and mutually beneficial business transaction, I wandered the floor looking for a few want list items...69/9 Indian cent(note the last Greysheet has a pricing error on this WAY too low), 67/67 Indian cent, etc...
Though I did not find exactly what I was looking for, I did get to say hello to a number of friends, (sorry COINS MAKE CENTS you did not tell me where I can find you as I wanted to introduce myself)...and look at some neat coins and gauge the market....
Proof and Mint sets are so dead that I was being offered them by dealers at 40% back
Generic Gold , priced right is super easy to sell especially $20 Saints in 63....sold a bunch
No premiums for 90%, multiple dealers were selling at 11x face to the public
Seemed like a fair amount of transactions both retail and wholesale...the more active dealers were looking for anything they could find as far as collector coins and the such, Barbers, Bust, Indians
I did have the fortune of picking up a nice little deal that included a 1917 T1 MS66 FH MS66 CAC( a note on price discovery down below), 1799 VF20 CAC, Nicely Toned Morgan, 1833 Quarter in AU55, and 1907 Barber Half, nicely toned and well struck in MS 64 most of the coins have attractive toning, camera picture does not do justice....and the price was RIGHT!
All and all, people seem have adjusted to the drop in prices, moving coins at a loss if need be so, or resold after purchasing at the new levels... and NICER coins , especially stickered, command more money( FACT/ not my opinion)
As an example the 1917 TY MS 66 FH in CAC Auction results are in a very tight range around $1920 and the non CAC over same period of time run from $780 to $1320.... Greysheet is down to ... $1050 WOWZA!!!!
@Verno said:
121 Views, 1 "thanks" , no comments....I thought people wanted show reports....was it something I said?
Give them time. It was a very good report and you bought some very nice coins. I have noticed things have been a bit slow around here the last few days.
Thanks guys, I wasn’t fishing, just wrote the type of report I would like to see from regional shows all around this great country. Not sure if people think by sharing observations they are revealing trade secrets....
Comments
I'm set up there stop by and say hi
HAPPY COLLECTING
Show reports please... from all who attend.... Cheers, RickO
From my perspective...I am a part time dealer that has a store front and only shows at the PAN show twice a year....
Got to the show around noon after my 15 minute drive in traffic. Beautiful day...
Impossible to find a parking spot because of the show...UNFORTUNATELY THE CRAFT SHOW...that was sharing the building....we are in the wrong business! See picture and see if you can figure which is which...
My first stop after my long journey was the rest room, and then to find my super secret buyer of "widgets and stuff".....shout out to super secret "Sheldon". After an easy and mutually beneficial business transaction, I wandered the floor looking for a few want list items...69/9 Indian cent(note the last Greysheet has a pricing error on this WAY too low), 67/67 Indian cent, etc...
Though I did not find exactly what I was looking for, I did get to say hello to a number of friends, (sorry COINS MAKE CENTS you did not tell me where I can find you as I wanted to introduce myself)...and look at some neat coins and gauge the market....
All and all, people seem have adjusted to the drop in prices, moving coins at a loss if need be so, or resold after purchasing at the new levels... and NICER coins , especially stickered, command more money( FACT/ not my opinion)
As an example the 1917 TY MS 66 FH in CAC Auction results are in a very tight range around $1920 and the non CAC over same period of time run from $780 to $1320.... Greysheet is down to ... $1050 WOWZA!!!!
Tomorrow I will post a Sunday show report....
Enjoy the weekend! RJ
Thanks.
121 Views, 1 "thanks" , no comments....I thought people wanted show reports....was it something I said?
Great report, pics and congrats on the new coin additions.
Give them time. It was a very good report and you bought some very nice coins. I have noticed things have been a bit slow around here the last few days.
Thanks for your interesting observations.
Nice pickups too. I especially like the Barber half and the standing liberty quarter. Some beautiful toning on the latter.
Sounds like you had a good show.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Thanks guys, I wasn’t fishing, just wrote the type of report I would like to see from regional shows all around this great country. Not sure if people think by sharing observations they are revealing trade secrets....
Thanks for the report. Seems to be one of the few show reports indicating nice coins being offered at lower prices.
Thanks @Verno for your show report.