Brief FUN Report
Proofmorgan
Posts: 819 ✭✭✭✭✭
I primarily came to the show to view auction items so pardon the brief Report:
Due to work complications I flew into Orlando Friday morning vs. Thursday and missed lot viewing on some of the premier items I was interested in. I decided to hold off on bidding for this reason and it seems some of the items may have went a bit cheap.
I viewed some of the more “budget” lots I was interested in and was glad I did. A common date $20 in 55 OGH Gold CAC was going for 64 money. In hand I graded it a 58-62, although it had nice
color. These may have been items I would typically throw a bid on because they were relatively inexpensive without lot viewing. Glad I spared myself from that.
On the bourse:
I’ve never been to Summer FUN. It was smaller than the Baltimore show. It was somewhat busy but I’m guess from the small size this was a bit of an illusion. I didn’t find anything or real interest except a couple nice proof gold pieces from an “investment” type dealer. They wanted 2-3 grades over what the holders said and would not budge. Stating they had that much into them...sure....
A lot of major dealers were set up there to buy, not there, or had micro versions of their typical tables/inventory. Stacks and PCGS had single table set ups. They blended in with everyone else and were difficult to even locate.
Bullion:
I typically try to pick up bullion at shows as a last resort. Due to the high spot and minimal
Selection I held off. There seemed to be a lot of people trying to sell common Morgan’s or junk silver that were inheritance type items. Dealers didn’t seem that interest or were giving very low offers. One dealer shouted: “Spot is X, but no one is paying that!!” My logic says that dealers are hesitant to pay near spot with the recent rise. I can’t attest to their sell prices as I didn’t see anything of interest but I might swing in today just to find out.
UPDATE (Saturday): Bullion premiums are about average if not slightly depressed. Although no advertised spot sales like I saw at Baltimore and Winter FUN even though spot was much lower then. Also, significant youth presence today as there are a lot of booths for the next generation of collectors.
I spent the rest of the day relaxing and decided to go see Steve-O at the improv at pointe Orlando. It was a good show if you are into that.
I’ll be flying out tonight. Not very productive from
The buying side, more so from the not buying side.
Comments
Thanks for your report @Proofmorgan. Side shows of the coin show are a good diversion, too.
Sometimes the best deals are the ones you never made...great report!!!
Good report.... interesting about the bullion... second report that indicates that.....And generally, the market seems to be quiet....Thanks, Cheers, RickO
Thank you. Reports are always appreciated.
Solid report and informative insight - most appreciated, PM!
Thank you for taking the time. This is a show I couldn't get to and I was wondering what it would be like.
Thanks for the report. Sounds typical, although I'm surprised the premier items went cheap and the bargain items went a lot higher. Yes, you were very wise to hold off on purchasing such items. Especially, the overpriced dealer inventory.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Enjoyed your report
Thanks
Thank you for a very informative report. i had forgotten that there was a "summer" FUN show. And from your experience it will remain forgotten.
OINK