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If attending coin conventions becomes passé, what can convention organizers do to spur intere

LongacreLongacre Posts: 16,717 ✭✭✭
Right now, the numismatic scene is hot. Anyone who is anyone wants to be a numismatist and run with the cool crowd.

I was wondering what will happen when the market actually slows a bit. Right now, show promoters put on large numismatic conventions, basically kick up their heels, and the cash flows in in bucketfuls from table fees and other sources of revenue. But what happens when attending large conventions is no longer the thing to do? What should show promoters be planning on now in order to meet this possible contingency in the future? Is the solution having fewer shows, in order to get people whipped up into a frenzy about an upcoming show? Should the promoters have tie-ins with other shows, such as book conventions, art conventions, etc., in order to generate larger crowds overall when there is a numismatic downturn? What else should be considered for the proverbial rainy day, which will certainly come eventually?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)

Comments

  • ScarsdaleCoinScarsdaleCoin Posts: 5,331 ✭✭✭✭✭
    Another interesting thread, yet I am not sure that all show promotors are making buckets of money....there are quite a few costs associated with running a show....from security to advertising...and the cost of the venue location is large.... I think ANA probably tries the hardest to promote non collectors to visit the show at this point in time.....basically comes down to a question of if dealers who set up want these types of "tire kickers" even at the show.....
    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
  • CladiatorCladiator Posts: 18,252 ✭✭✭✭✭
    Free booze.
  • Waitresses from Hooters serving that free booze! image
    USAF RET. 1963-1984

    Successful BSTs with: Grote15, MadMarty, Segoja,cucamongacoin,metalsman.
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    If attending coin conventions becomes passé, is trying to spur interest just delaying the inevitable?
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>Free booze. >>

    Hey, it works for Vegas...
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    I think that as long as there are coin collectors, there will always be a place for coin shows. Sure, the shows could probably be scaled down a bit under different market conditions.

  • dorancoinsdorancoins Posts: 2,091 ✭✭✭
    stop charging admission (Kevin Foley shows should try it).
    DORAN COINS - On Facebook, Instagram, X (formerly Twitter), & www.dorancoins.net - UPCOMING SHOWS (tentative dates)- 10/8/2023 - Fairfield, IL, 11/5/2023 - Urbana, IL., 12/3/2023 - Mattoon, IL.
  • The biggest compaint we used to hear was parking cost. You might be surprised at how many people complain about parking. I even had one guy come up to me saying he didn't understand why he had to pay for parking at our event because he attended a convention at the same place the previous month and that group didn't charge for parking. I asked him how much it cost him for admission at that event and he said $8. Our even had no admission fee, but parking was $5 -- yet he perceived himself as getting a better deal at the other convention.

    Thankfully, the convention center no longer charges to park.
  • RWBRWB Posts: 8,082
    The next step is, like the folks who will change your car's oil or replace the windshield in the office parking lot, the show will come to you.

    First a huge virtual bourse will open on your PC, Blackberry, iPod or Cantaloupe. Next you view holograms of each item, chat with the dealers via your cochlea implant receiver, and make your selection – or wander to the next "table." You can stand in a queue to buy a virtual hot dog or stale chips and have the real thing delivered to your office for an obscene fee. (Is this where the Hooters' ladied stop by?) If you make a purchase, a huge armored truck will arrive at your office within moments bearing the real coin, pre-slabbed and pre-evaluated for crackout/upgrade opportunities and a price history covering the last seventeen centuries. When the delivery person places the coin into your hand, the touch less debit system automatically deducts the cost plus any other fees and delivery charges from your bank account. If you're overdrawn, a credit line will be automatically opened at 27% interest.

    The moment you have taken possession of the coin, you will be inundated with purchase offers for similar coins (and similar hot dogs). There will also be many offers to sell your new coin at half of what you just paid.

    The final step is to eliminate the coin entirely – you simply own a share of a congealed collection and have holograms of each coin. You buy and sell the images – the real coins (if they exist) are in a vault someplace at the bottom of Biscayne Bay.
  • flaminioflaminio Posts: 5,664 ✭✭✭
    Prohibit sellers from eating at their tables. I am so tired of trying to view a coin amongst a scattering of french fries and cheezeburger droppings.

    Oh, and the no admission fee/no parking fee sounds like a winner, too.
  • LongacreLongacre Posts: 16,717 ✭✭✭


    << <i>The next step is, like the folks who will change your car's oil or replace the windshield in the office parking lot, the show will come to you.

    First a huge virtual bourse will open on your PC, Blackberry, iPod or Cantaloupe. Next you view holograms of each item, chat with the dealers via your cochlea implant receiver, and make your selection – or wander to the next "table." You can stand in a queue to buy a virtual hot dog or stale chips and have the real thing delivered to your office for an obscene fee. (Is this where the Hooters' ladied stop by?) If you make a purchase, a huge armored truck will arrive at your office within moments bearing the real coin, pre-slabbed and pre-evaluated for crackout/upgrade opportunities and a price history covering the last seventeen centuries. When the delivery person places the coin into your hand, the touch less debit system automatically deducts the cost plus any other fees and delivery charges from your bank account. If you're overdrawn, a credit line will be automatically opened at 27% interest.

    The moment you have taken possession of the coin, you will be inundated with purchase offers for similar coins (and similar hot dogs). There will also be many offers to sell your new coin at half of what you just paid.

    The final step is to eliminate the coin entirely – you simply own a share of a congealed collection and have holograms of each coin. You buy and sell the images – the real coins (if they exist) are in a vault someplace at the bottom of Biscayne Bay. >>





    The upside is that the States will take a while to figure out how to tax holograms. Until that time, tax free sales!!!!!
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)


  • << <i>Waitresses from Hooters serving that free booze! >>


    Well we didn't have the free booze, but for three years the Ky State show did have the hooters waitresses taking food orders and delivering to the bourse floor. Not sure if we can swing the free booze part. I've seen some of these dealers drink, and we'd like to try and make a profit on the show, or at least break even. (At the EAC convention Saturday night the people at the informal gab fest down in the hotel bar cleaned them out on the bottled beer. At $5 a bottle.)

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