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ATTN: Coin Show Dealers

MrEurekaMrEureka Posts: 24,708 ✭✭✭✭✭
edited April 12, 2019 5:01PM in U.S. Coin Forum

Would you pay $300 per showcase to display coins from your personal collection in the non-competitive educational exhibits area? You would get a sign in the showcase with your company name and table number.

Andy Lustig

Doggedly collecting coins of the Central American Republic.

Visit the Society of US Pattern Collectors at USPatterns.com.

Answers

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    MrEurekaMrEureka Posts: 24,708 ✭✭✭✭✭

    You could also display a client ‘s coins, of course.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    specialistspecialist Posts: 956 ✭✭✭✭✭

    is this a serious question? I just paid $5,000.00 to do something like that at ANA.

    my answer is absolutely, and I have many times and I have displayed customer coins....

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    MrEurekaMrEureka Posts: 24,708 ✭✭✭✭✭

    Might be a good fundraiser for the shows. Certainly good advertising for dealers. Should also be some great eye candy for everyone.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    MrEurekaMrEureka Posts: 24,708 ✭✭✭✭✭

    @specialist said:
    is this a serious question? I just paid $5,000.00 to do something like that at ANA.

    my answer is absolutely, and I have many times and I have displayed customer coins....

    Those exhibits have been in the museum showcase area, right? I’m talking about the general exhibit area, which now contains anonymous competitive and non-competitive displays. Cheaper real estate.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    illini420illini420 Posts: 11,564 ✭✭✭✭✭
    edited April 12, 2019 5:25PM

    I would consider it. But $300 per case may be more than most dealers pay at their regular tables, except for those fancy dealers at the very front.

    And it makes a whole lot more sense than what Central States did by charging all of their educational exhibitors a "forced donation" to exhibit! Still can't believe they thought that was appropriate.

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    specialistspecialist Posts: 956 ✭✭✭✭✭

    you will be surprised who we had to pay-at a discount too to display a collection

    yes, I'd pay $300.00 in a non commercial area to display a customers coins

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    ScarsdaleCoinScarsdaleCoin Posts: 5,437 ✭✭✭✭✭
    edited April 12, 2019 5:48PM

    To me it’s work to bring display items and extra stuff to carry ....so on top of that your asking me to have to pay..... no I think not.

    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
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    ilikemonstersilikemonsters Posts: 767 ✭✭✭✭

    Yes.

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    DontTellTheWifeDontTellTheWife Posts: 616 ✭✭✭

    Let me be the first to say NO

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    BillJonesBillJones Posts: 35,817 ✭✭✭✭✭
    edited April 12, 2019 8:03PM

    No. Having put together many exhibits, including one best of show and several first place awards for best in category, I can tell you few people at a show pay attention to them.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    scubafuelscubafuel Posts: 2,070 ✭✭✭✭✭

    Fair to say that not many people pay attention to the exhibits currently. That would change in a second if Legend or other dealers were exhibiting coins.
    Without treading on toes, I’d hint that the reason for the sparse attendance in the exhibit area is directly connected to the sparse existence of interesting coins there.

    A question though: how many dealers collectors would feel comfortable having their collection sitting in cases out of eyesight all day? Even locked, those cases are not very secure.

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    BillJonesBillJones Posts: 35,817 ✭✭✭✭✭

    @scubafuel said:
    Fair to say that not many people pay attention to the exhibits currently. That would change in a second if Legend or other dealers were exhibiting coins.
    Without treading on toes, I’d hint that the reason for the sparse attendance in the exhibit area is directly connected to the sparse existence of interesting coins there.

    A question though: how many dealers collectors would feel comfortable having their collection sitting in cases out of eyesight all day? Even locked, those cases are not very secure.

    Does a complete type set of early gold from 1795 to 1834 sound boring? How about a 1795 year set with gold? Many collectors don’t care about exhibits. How about a set of all 72 types of Confederate currency mounted by the man who wrote the current reference book? (It’s not I, by the way.) None of these exhibits drew much interest. You get more notice if the exhibit has an HO train track and steam engine sitting in it.

    What really turns collectors on is free stuff or opportunities to add coins to their collections. Learning something new does not stir much interest in many of them. It’s disappointing but true.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭

    @BillJones said:

    @scubafuel said:
    Fair to say that not many people pay attention to the exhibits currently. That would change in a second if Legend or other dealers were exhibiting coins.
    Without treading on toes, I’d hint that the reason for the sparse attendance in the exhibit area is directly connected to the sparse existence of interesting coins there.

    A question though: how many dealers collectors would feel comfortable having their collection sitting in cases out of eyesight all day? Even locked, those cases are not very secure.

    Does a complete type set of early gold from 1795 to 1834 sound boring? How about a 1795 year set with gold? Many collectors don’t care about exhibits. How about a set of all 72 types of Confederate currency mounted by the man who wrote the current reference book? (It’s not I, by the way.) None of these exhibits drew much interest. You get more notice if the exhibit has an HO train track and steam engine sitting in it.

    What really turns collectors on is free stuff or opportunities to add coins to their collections. Learning something new does not stir much interest in many of them. It’s disappointing but true.

    100%

    m

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    If the items are only on exhibit and not for sale, they should allow you to exhibit your items for free. This serves an educational purpose and may attract potential buyers to other items or tables that have sale items. JMHO !!! :)

    Timbuk3
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    keetskeets Posts: 25,351 ✭✭✭✭✭

    part of the problem with the exhibits is their location, off the main drag and out of the way of traffic. I think if the exhibition area was smack dab in the middle of a show, surrounded by all the dealer tables and close to the concession are, that people looking at the exhibits would greatly increase. no one goes to them now because they either don't know they are there or don't want to walk to them to take a break from dealer tables.

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    BillJonesBillJones Posts: 35,817 ✭✭✭✭✭

    At the last FUN show, the exhibits were next to the concession area. It made no difference.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    Cougar1978Cougar1978 Posts: 9,804 ✭✭✭✭✭
    edited April 13, 2019 12:08PM

    No - the fixed costs of a show are expensive enough. $300 is not chump change for me buys a nice gold coin or slabbed classic commem. I have my hands full enough with setup, inventory mgt, and security. I will leave the exhibit stuff to other players.

    I have 2 upcoming shows averaging $200 in table fees - not always an easy hurdle to clear in this market.

    The coins at my table are my contribution / exhibit hopefully they will buy some.

    Investor
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    ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭

    So far no one has mentioned special security and insurance problems challenges. @specialist, having had to consider these on a very practical basis, could likely spread more light on this subject than most others. :)

    If you need a special rider, $300 does not buy the extra insurance on $100,000 of coin inventory for a four day show.

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
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    TomBTomB Posts: 23,006 ✭✭✭✭✭

    I hadn't posted to this thread because I hadn't wanted to read like a Richard Cranium. However, since the good Colonel has already mentioned insurance, I will post. This is something I would have little, if any, interest in doing. I view this along two lines. One line being cost-risk basis for me and the other line trending toward numismatic value for others.

    For cost basis, if I were to have items on display in a dedicated and removed area within the bourse then those items would not be covered by my insurance. Therefore, a rider for the items would necessarily have to be purchased and it would need to cover all the days of the show. This rider might also need to cover my travel plans if the total brought with me exceeded my established limits. Additionally, and this might seem trivial, but my plans and protocols would have to be adjusted to allow for the set up and security as well as the breakdown of displayed items in multiple locations and while this might seem trivial to most folks, it isn't trivial when one realizes that many errors are made when there is an otherwise innocent change in protocol.

    As for numismatic value, all then handwringing in the world can't change the notion in my mind that the day for displays on the bourse, as currently constructed, has gone with the dinosaurs. In my experience, most displays are not made well and do not perform the function asked of them. Many of these displays are made with great care and would be terrific if one were to spread them out on a coffee table at home and have friends come by who could pick up and examine items, but that is not the reality of the bourse. Coins, and many of the displayed items, are inherently small and three-dimensional and when they are displayed flat and at a distance under glass they lose much of their value and the show lights can play havoc with proper viewing. Also, there is only so much information that one can reasonably place within a case and this information might be only at surface level with nothing really in depth. In today's world, it is far easier to look up items on the web to find articles, discussion topics and terrific images than it is to gather the same information from a six-square foot glass display case. Lastly, collectors need to budget not only their limited dollars, but also their limited time at shows. These collectors would like to see potential purchases in-hand and speak to the sellers and meet up with their online friends and participate in their own version of show-and-tell with items they brought with them. The educational bourse does not fill any of these needs.

    In the 1970s the educational displays were quite valuable. Today, not so much.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
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    PTVETTERPTVETTER Posts: 6,113 ✭✭✭✭✭

    Are you suggesting that exhibitors pay per case to display?

    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


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    PTVETTERPTVETTER Posts: 6,113 ✭✭✭✭✭

    @specialist said:
    is this a serious question? I just paid $5,000.00 to do something like that at ANA.

    my answer is absolutely, and I have many times and I have displayed customer coins....

    A corner table at the ANA was something like $2150.00 in the premier section.
    Where does the $5000.00 come from?
    It is just a question????

    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


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    yspsalesyspsales Posts: 2,670 ✭✭✭✭✭
    edited April 13, 2019 3:13PM

    It took me all day to get thru every isle at the Ga show.

    I was exhausted mentally and physically my back was killing me.

    If I had a second day, then likely would have partaken in some of the exhibits and speakers.

    I doubt that my holdings will ever be display worthy.

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

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    MrEurekaMrEureka Posts: 24,708 ✭✭✭✭✭

    @PTVETTER said:
    Are you suggesting that exhibitors pay per case to display?

    Not for all exhibitors. Just the ones who choose to post their company name and bourse table number in each showcase. It’s an advertising deal.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.

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