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ANA Show Report (Wed & now also thoughts from Thurs)

U1chicagoU1chicago Posts: 6,528 ✭✭✭✭✭
edited August 15, 2019 7:05PM in U.S. Coin Forum

Some random thoughts and observations:

~There was a decently sized crowd for the 10 AM opening
~The bourse had plenty of people walking around/looking/buying/selling
~The US Mint area had plenty of people, including a line waiting for an autograph
~I mentioned this in another thread, but for those that didn't see it: the US Mint trading cards were limited only for the young numismatists (not the young at heart :D )
~The world mints had less traffic; Bermuda had a booth, which I thought was pretty cool
~Bullion was hit or miss...some dealers were buying while others were passing (even at spot)
~Some offers seemed quite low...commonly recognized world gold in the more popular size (1/10 oz) saw offers as low as as $12 under spot ($120 under per oz)....I did find someone to pay spot
~Buying anything of interest to me (mainly toned coins and some world coins) was difficult as prices being asked were often moon money.....one example was a nicely toned Morgan that I had owned a few years ago; I bought and sold it somewhere in the $400-$500 range...the dealer who had it now (not the same one who I sold to) was asking $1,750
~Some mediocre Morgan toners (common dates) were even priced at 3x-10x of untoned prices...toned prices have been going up at auction lately, but nowhere near what I was seeing at the show (and especially not for mediocre examples)
~Quite a few cases had at least one or two "off-brand" holders, mainly PCI and SEGS (just something I noticed, probably not much to it)
~There were some cool exhibits and one could receive a free prize for voting
~I saw a fair amount of younger people, including both dealers and collectors
~Overall it was another good show; I didn't find anything to buy, but was happy to sell a few things and have some funds available if anything of interest pops up in the near future

~
Day 2 Update:

~I arrived around an hour after opening, and there was no line to get in at that point
~There still appeared to be plenty of people walking around the bourse...it should be interesting to see the final attendance numbers
~The eBay table is giving out a $10 coupon if you fill out a brief survey...not eligible for coins! :D
~The CDN table is giving out the CAC market report magazine that was mentioned on this forum a few weeks back...so if you're like me and didn't receive one, there is an opportunity to pick it up
~I saw some people from here and from IG; it was fun putting a face to a name
~I sold a few more coins today
~I bought two coins today...overall prices were still high, but these two were fair....I'll try to post some photos

Comments

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @U1chicago Thanks for taking the time to post your show report.

  • bidaskbidask Posts: 14,028 ✭✭✭✭✭

    Thanks for the report.

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • tommy44tommy44 Posts: 2,319 ✭✭✭✭✭

    Sounds like it was well worth the trip for you. Thanks for posting.

    it's crackers to slip a rozzer the dropsy in snide

  • bolivarshagnastybolivarshagnasty Posts: 7,353 ✭✭✭✭✭

    Thanks for your time.

  • logger7logger7 Posts: 9,052 ✭✭✭✭✭

    Thanks for posting. The last time I went to Illinois was to tour the Lincoln homestead in the southern part of the state. It's too far for me but I always enjoyed the ANA.

  • alohagaryalohagary Posts: 2,831 ✭✭✭✭

    nice report
    very informative

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    edited August 15, 2019 7:34PM

    Thanks for the report!

    The best thing about this show is that it’s one mile from the airport. Oddly enough that’s also the worst part of this show

    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......
  • U1chicagoU1chicago Posts: 6,528 ✭✭✭✭✭

    Day 2 Update:

    ~I arrived around an hour after opening, and there was no line to get in at that point
    ~There still appeared to be plenty of people walking around the bourse...it should be interesting to see the final attendance numbers
    ~The eBay table is giving out a $10 coupon if you fill out a brief survey...not eligible for coins! :D
    ~The CDN table is giving out the CAC market report magazine that was mentioned on this forum a few weeks back...so if you're like me and didn't receive one, there is an opportunity to pick it up
    ~I saw some people from here and from IG; it was fun putting a face to a name
    ~I sold a few more coins today
    ~I bought two coins today...overall prices were still high, but these two were fair....I'll try to post some photos

  • U1chicagoU1chicago Posts: 6,528 ✭✭✭✭✭

    My newest Morgan:


  • U1chicagoU1chicago Posts: 6,528 ✭✭✭✭✭

    And a Carr Barber Half:


  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    edited August 15, 2019 7:19PM

    Curious what you had to pay for Carr's 16 Half!

    Edit to add....how did ANACS decide it wasn't struck over an 1892?

  • U1chicagoU1chicago Posts: 6,528 ✭✭✭✭✭

    @amwldcoin said:
    Curious what you had to pay for Carr's 16 Half!

    Edit to add....how did ANACS decide it wasn't struck over an 1892?

    Everyone can feel free to guess the price...it'll be more fun that way and I can see if it was a good deal or not. :)

    On Carr's page he writes:
    "Over-struck on genuine US Mint 90% silver Barber half dollars circa 1893-1915"
    ...I believe Anacs just uses what is on his flip/website as their description

    http://www.moonlightmint.com/blog_14.htm

  • rln_14rln_14 Posts: 686 ✭✭✭✭

    Thanks for the report

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @U1chicago ....Thanks for the report....seems as if the general consensus has been that this has been a good and busy show.... Cheers, RickO

  • kazkaz Posts: 9,276 ✭✭✭✭✭

    Thanks for the report! NIce purchases.

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