Central States Report 4/25/25

Options
U1chicago
U1chicago Posts: 6,993 ✭✭✭✭✭
edited April 25, 2025 5:43PM in U.S. Coin Forum

Another Central States show is in the books and below are some of my observations:

~Registration was quick with no line at a few minutes before opening; there was a decent crowd waiting to get in though….in general, attendance seemed comparable to a Friday at Central States in prior years

~The show included a few aisles in the end that were world and currency…there were enough of these tables to whet the appetite but probably would be disappointing if someone came to the show that was not interested in US coins. The world selection included different denominations from Mexico, China, Japan, Germany/Prussia/Austria...there are also a few dealers that have Cuban coins...other countries are not as well represented

~For those wondering about gold bullion, it appeared that dealers were cautious. I saw someone unsuccessfully trying to find a buyer for 70 graded gold at spot; another transaction for some US modern gold commemoratives was completed at a number around 10% under melt.

~Oddball slabs were not too plentiful. Plenty of dealers did have PCGS rattlers and small white Anacs holders. I also saw the occasional ACG, PCI, and self slab. There were no Compugrade or other rarer slabs

~Dan Carr items were present at a few tables (with one having the bulk of all that I saw) and I added a new one to my collection.

~I actually saw a few coins from Kazakhstan at a table that had bins with all sorts of world coins in 2x2s but all were base metal and priced higher than I’ve paid for mine. My search for a silver coin from Uzbekistan continues (I did not expect to find one here but you never know what might show up)

~Toned coins are prevalent and many dealers tend to have at least one nowadays (of course there are still plenty that don’t). The prices are all over the place-from fair (which still means a premium over standard guide) to insane (which means the dealer took the standard toning premium and then multiplied by 10 or more!) One dealer that I bought from at a previous show again had some nice Morgans at fair prices and I picked one up. There was a second that had a fantastic reverse but the obverse was a negative (in my opinion). If that obverse was untoned or lightly toned, it would have been worth above the asking price but as it was, I knew it would bother me every time I flipped the coin over. Plus I continue to work on not buying coins that I will later regret or struggle to sell (here I was successful in doing that).

~I was able to sell a few toned coins that were not moving on the online venues. As usual, it took a few attempts for some until the right buyer was found but I was satisfied with the results.

~A few tables were emptying out by the afternoon but the majority of the dealers were still there. Thursday is the best day in my experiences and Friday (if you get there at open) is the next best option.

~There was a free Anacs sample (show) slab being handed out that celebrates Nebraska (last year it was Iowa)

Comments

  • MsMorrisine
    MsMorrisine Posts: 40,040 ✭✭✭✭✭
    Options

    how prevalent were the "we buy gold" signs?

    how long did your adventure last?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • U1chicago
    U1chicago Posts: 6,993 ✭✭✭✭✭
    Options

    @MsMorrisine said:
    how prevalent were the "we buy gold" signs?

    how long did your adventure last?

    I don't think I saw any "we buy gold" signs (there might have been one but I don't recall seeing it).
    There were the usual handful of dealers that had a generic "buying" sign (or a more descriptive buying US, buying World, or buying Currency sign).

    As far as my adventure, it was about 4 hours at the show, which was enough time to get through all the tables and go back to a few a second time.

  • U1chicago
    U1chicago Posts: 6,993 ✭✭✭✭✭
    edited April 25, 2025 6:21PM
    Options

    @burfle23 said:
    My 2nd day ended with finding this at a dealer's table; led to a cautious conversation...

    Did the dealer agree to stop selling it as a real coin?

  • Smudge
    Smudge Posts: 10,001 ✭✭✭✭✭
    Options

    Thanks for your report.

  • U1chicago
    U1chicago Posts: 6,993 ✭✭✭✭✭
    Options

    Morgan photo-reverse only if someone wants to try to guess the date

  • MsMorrisine
    MsMorrisine Posts: 40,040 ✭✭✭✭✭
    Options

    april 25, 2025? what am i missing?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jp84
    jp84 Posts: 224 ✭✭✭
    Options

    1885 on the Morgan

  • lermish
    lermish Posts: 4,998 ✭✭✭✭✭
    Options

    Nice report, thank you!

    chopmarkedtradedollars.com

  • skier07
    skier07 Posts: 4,833 ✭✭✭✭✭
    Options

    @burfle23 said:
    My 2nd day ended with finding this at a dealer's table; led to a cautious conversation...


    My images, clear matches to the counterfeit markers.

    Why in the world would someone buy a coin like this raw in this day and age?

  • GoldFinger1969
    GoldFinger1969 Posts: 3,471 ✭✭✭✭✭
    Options

    How many tables approximately ?

    I understand Long Beach has about 400 and FUN about 600.

  • MsMorrisine
    MsMorrisine Posts: 40,040 ✭✭✭✭✭
    Options

    i'm not up on my morgan reverses

    1921

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • U1chicago
    U1chicago Posts: 6,993 ✭✭✭✭✭
    Options

    @GoldFinger1969 said:
    How many tables approximately ?

    I understand Long Beach has about 400 and FUN about 600.

    The website says 425+ tables. I didn’t count but that’s probably in the ballpark. It’s smaller than FUN and ANA and probably slightly larger than Long Beach.

  • johnny9434
    johnny9434 Posts: 34,049 ✭✭✭✭✭
    Options

    Good eye on the bogus coin 🪙, 👍

  • U1chicago
    U1chicago Posts: 6,993 ✭✭✭✭✭
    edited April 26, 2025 9:12AM
    Options

    Bonus tidbit that I forgot to include:

    This is the second show in a row where I have resold a coin bought at the show. I found a relatively inexpensive slab (20) and was able to get 35 from someone else for it. It’s a small win and paid for the entrance fee (15). Plus it’s a fun new challenge to see if I can keep this streak going. :D

  • U1chicago
    U1chicago Posts: 6,993 ✭✭✭✭✭
    Options

    @jp84 said:
    1885 on the Morgan

    @mrcommem said:
    87 morgan

    @MsMorrisine said:
    i'm not up on my morgan reverses

    1921

    The answer is 1896

  • golden
    golden Posts: 10,535 ✭✭✭✭✭
    Options

    Thanks for your show report.

  • lilolme
    lilolme Posts: 2,993 ✭✭✭✭✭
    Options

    Thanks, often interesting to read what others are seeing and/or looking for at a bigger show. On the 'toners' - there are often now a couple (plus) younger semi or part time 'toner' dealers walking the floor buying/selling at most of the bigger shows these days (and doing internet stuff otherwise).

    https://youtube.com/watch?v=OwZlYz2V4AM Sophie Lloyd, guitar shred cover Paranoid (Black Sabbath)

    https://youtube.com/watch?v=fbEW8BrNctI Haley Reinhart, Don't Know How To Love You Live (direct to record)

    RLJ 1958 - 2023

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file