Baltimore coin show report, it was WHITE HOT!

jbsteven · December 8, 2003 5:20AM

I arrived on Wednesday around 5:00 pm and went stright to my hotel to do some business with a fellow dealer which pretty much sums up Wednesday. I got up early Thursday morning to watch all the hoopla about the snow storm that was approaching. Once I got my fill of the weather report I had breakfast and went over the convention center to get my dealer badge. When I got there it seemed like a fairly good turnout for dealers day.

The show was busy for dealers on Thursday which is as to be expected but there was this talk about everyone bailing out on Sunday since we all barely care about the collectors

. We were able to SELL record amounts of high quality material to many dealers and we also BOUGHT a record amount of highend for the grade coins. It was tough to keep all of the dealers satisfied with coins but we seemed to do it. This market and the show are WHITE HOT!

We started to get grades back from NGC and PCGS and sure enough our highend for the grade coins were getting the deserved upgrades! Other dealers were complaining a little about their grades but I guess we just know how to buy the highend for the grade coins

. The general public came into the room on Friday TO BUY! We were once again trying to keep up with the large crowd of people that always seem to be around our table. Come see us at the shows and you will see what I mean, just be careful as things are getting WHITE HOT!

Saturday brought in the snow and the attendance was a little slow but did that slow down our show? Not a bit. When you have good highend coins people always group around the table like they did at ours. Alot of dealers were moaning about the low turnout on Saturday but we could not see what their problem was as we had rows and rows of people at our table. Good coins attract buyers in a WHITE HOT market.

We were so tired of the long hours that we skipped Sunday since we had sold all of our good coins by then. This was the first show we have EVER left on Saturday at closing time.

Here are some observations we had as we were delivering the highend for the grade coins we sold to dealers:

Mark Feld was as busy as he always is. (I saw him with what looked like a arm full of Franklins!)

I even saw him walking OUTSIDE in a short sleeve shirt in 25 degree weather and 8 inches of snow on the ground. He must be WHITE HOT! BTW have you ever noticed how fast his legs move when he walks?

MrD (greattoning) was doing his usual rounds in search of the unusally toned coins, especially the foriegn stuff. He showed me some items that will be destined for Ebay soon, so keep an eye out for his WHITE HOT coins.

Fairtraderz was at the show in full force as they always are and selling BOATLOADS of coins. These guys are like the energizer bunnies, they just keep selling and selling. These guys and gal are WHITE HOT!

TBT was at the show and seemed to have a fair show. Much to my suprise he even sold some WHITE COINS! I don't know if he wants that to get around about the white coins but you heard it here first. White coins must be WHITE HOT for TBT to jump into that area

Quarterjack was trying to corner the modern slabbed quarter market as he has cases and cases full of those coins. Anyone ever notice just how tall he really is?

MS68 was at the show (but not on Sunday of course) doing his usual thing around the floor. He seemed to be in good spirits which probably means his show was good and grading was good for him like it was for us.

US Coins was there and they had some spectacular highend coins. Some of those highlights were a 1876 ms67 Trade dollar with the most spectacular toning I have ever seen on a Trade dollar. They also had on display a beautiful ms65 1798 dollar with some beautiful toning and a ms64DMPL 1889CC Morgan PCGS graded of course.

Larry Sheperd was there and he seemed to be having a good show. He always had a crowd around his table as usual.

All in all the Baltimore show was WHITE HOT! as you can see from my report

. I hope you enjoyed my writeup as much as I have creating it. what is next for the coin market? how hot can it get?

edited Trade dollar date, thanks TDN

MadMarty · December 8, 2003 5:23AM

Thanks for the report, I knew I should have given you some of my WHITE HOT coins to take with!

Russ · December 8, 2003 5:24AM

Russ, NCNE

paigowjohnny · December 8, 2003 5:25AM

I think you had a lot of fun writing that WHITE HOT, highend for the grade post.

tradedollarnut · December 8, 2003 5:26AM

Ahem.... 1876 trade dollar.

RYK · December 8, 2003 5:29AM

WHITE HOT report.

baccaruda · December 8, 2003 5:37AM

Hold on, WHITE HOT was already used. We have to go to the next step in over-the-top exaggeration. We are, unfortunately, running out of adjectives to aptly describe the heat. While heat is infinite, the English language is not.

May I suggest the use of scientific notation in the future when discussing market conditions. Now that we've reached the stage of White-Hot Plasma, further adjectives should be noted as HOT^2. When we've exhausted the second power of heat, we can move to HOT^3.

DHeath · December 8, 2003 5:37AM

Just say WH.....we'll know. LOL

mdwoods · December 8, 2003 5:45AM

I thought it was more hotterer than that. More like MOLTEN!!!!

baccaruda · December 8, 2003 5:49AM

"Molten" was last year MD. Compared to current conditions, you'd have to wear a heavy coat to a show described only as "molten".

keets · December 8, 2003 5:49AM

Blue is next, but thanks for the tip about your table! when i notice the crowd waiting to buy OPMGC, i'll head for the next aisle to cherrypick.

al h.

baccaruda · December 8, 2003 5:59AM

Is blue hotter than white?

abuell · December 8, 2003 6:15AM

You know that anyone who has to yell 'WHITE HOT' 8 times in a coin show report really had to have had a crappy show and is left deperately trying to manufacture some hype in hopes that a customer or two might come out of the woodwork at the next show!

nucklehead · December 8, 2003 6:18AM

I have no doubt that the upcoming Long Beach show will be 'white hot'as well.Things sure were 'white hot' yesterday at the little itty bitty Anaheim coin show.

Tonekiller · December 8, 2003 6:19AM

<< <i>You know that anyone who has to yell 'WHITE HOT' 8 times in a coin show report really had to have had a crappy show and is left deperately trying to manufacture some hype in hopes that a customer or two might come out of the woodwork at the next show! >>

OR........he is saying it “tongue in cheek” as a joke. I think this report has a target.

baccaruda · December 8, 2003 6:21AM

Abuell - are you suggesting that the money I just spent on a teflon fire-suit for next year's Mid-America show is wasted?

stman · December 8, 2003 6:32AM

???? When will round1 of your "NEWPS" be posted. And if I give you my email to notify me are you Spammers.

agentjim007 · December 8, 2003 6:59AM

Maybe that White Hot was the snow (ever get a burn from frostbite?)

foodude · December 8, 2003 7:00AM

Mark Feld was as busy as he always is. (I saw him with what looked like a arm full of Franklins!)

Wow, Mark, Franklins, I'm impressed.

cladking · December 8, 2003 7:02AM

Thanks for the report. How's the market?

coinguy1 · December 8, 2003 7:04AM

You guys quit picking on me. I promise, I don't deal in Frankies unless I'm forced to.

I don't think I sold any at the show - of course it would have been difficult, considering I kept them hidden with the (rest of the) trash.

Clankeye · December 8, 2003 7:08AM

St. Feldolini--

I was visited by the ghost of Benjamin Franklin last night---
We had a long discussion about your shortcomings.

Clankeye

GOLDSAINT · December 8, 2003 7:29AM

JB,
Did you see what you would call lots of new public interest and buying at the show, or were most of the customers experienced coin collectors?

foodude · December 8, 2003 7:40AM

I don't deal in Frankies unless I'm forced to.

So do Lucy, Frank, and I need to take that "trash" off your hands

BigE · December 8, 2003 7:53AM

When a coin show is white hot it means the dealers roasted a bunch of weanies-------------------BigE

nucklehead · December 8, 2003 9:08AM

<< <i>When a coin show is white hot it means the dealers roasted a bunch of weanies-------------------BigE >>

wingedliberty · December 8, 2003 9:33AM

Thanks for the thourough and great report. I wish I was there, but I am Florida whimp and love the sun.

nickel · December 8, 2003 9:54AM

for my boss and myself , retail was slow . we had a lousy location , towards the back by the food court . seems most of the retail was to the middle and right on the floor as one walked in the doors . wholesale was very good , as buys and sells were big numbers . Neatest coin(s) i saw was a carson city dollar that split in half after being struck , and an1895 pr64 morgan in ms64

Baltimore coin show report, it was WHITE HOT!

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