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Coin Show Report - Parsippany, NJ
DaveG
Posts: 3,535 ✭
I went to the First-Sunday-of-the-Month 80+ dealer show in Parsippany, NJ today. As I've often written, this is reputed to be the best one-day show in the country. It features a wide range of material and a lot of collector traffic. It also draws a number of large dealers, including a few who are nationally known.
Today, it was a busy show. Perhaps not quite as busy as last month, but it was still hard to get down the aisles.
As has been usual lately, I spent most of my time at the show talking to njcoincrank, so I only took a quick turn around the floor.
Jon Lerner (scarsdalecoin) had a lot of nice material today. (He said he brought the "big show" inventory instead of the "small show" inventory.) What did he have? Well, he had a half dozen or so old-tenor half eagles, including an 1818, all in PCGS slabs and many in MS grades. He had a PCGS slabbed Chain cent and he had a lot of other nice things, too. He was also showing off a UHR. I must say, it was in a pretty da*n fancy wood box! In fact, you could barely see the coin for the box.
I was also worried, because Jon seemed to be offering lemon drops instead of his usual Tootsie Rolls! I was most distressed, until he revealed that the Tootsie Rolls were under the lemon drops (being saved for their favorite customers). Jon usually gets the flavored Tootsie Rolls, which are unusual and therefore, usually go quickly.
Tom Hyland had a number of nice new acquisitions, including a lovely toned 1874 Seated Half in an older ANACS XF-45 slab. I asked why the coin was still in his case (at 10:20) and he said that no one had even looked at it. So, I promptly went over to Pete (a fellow NJNS member) and smacked him and told him to go buy the coin, which he did. The coin had some nice blue tint on the obverse and a lovely ring of blue toning around the periphery of the reverse.
I only stopped by Larry Greenstone (SeaEagleCoins)'s table briefly, as he was very busy, but he had some nice Bust halves in addition to his usual inventory. When I was there he had a customer who seemed to be in the midst of a multi-state run of coin shows (perhaps he was acquiring new inventory?).
Like last month, njcoincrank had taken a table and had two display cases. One (purely for display) had several finest-known counterstamped Stone Mountain commemorative halves, reprints of two articles from The Numismatist and a recently discovered certificate that accompanied the auction of a counterstamped half. njcoincrank said that the certificate was unknown to the numismatic community until it appeared at a coin show a couple of months ago.
While I was talking to njcoincrank, a couple of relative novices stopped by the dealer at the next table and he was asked to consult on a coin being offered - a cleaned Bust dollar that the owner had bought from a "home shopping" show in 1990. Apparently, the owner had paid about $5700 for a $3000 coin, but he has now been bailed out by the passage of time and the big rise in the prices of Bust dollars. He was advised to get the coin slabbed prior to any sales attempt, but that he might very well be able to sell it for twice what he paid for it. (Sometimes, bad stories do have happy endings.)
Today was a somewhat light day for seeing fellow New Jersey Numismatic Society members - I only saw five. If you're interested, our next meeting is in Madison, NJ on March 16th, when njcoincrank will speak about "Coin Glass", which is table wear (platters, pitchers, etc.) that incorporates pressed glass images of silver dollars (mainly Morgans) and half dollars.
Coin Glass was originally manufactured by the Central Glass Company of Wheeling, WV, for five months in 1892, before production was shut down for fear of potential counterfeiting. (Coin glass featuring images of Spanish coins was also manufactured in the 1890s.) Modern Coin Glass was manufactured from the 1960s until 1986 by the Fostoria Glass Company, although their glass features less accurate images of Morgan dollars, for example.
Today, it was a busy show. Perhaps not quite as busy as last month, but it was still hard to get down the aisles.
As has been usual lately, I spent most of my time at the show talking to njcoincrank, so I only took a quick turn around the floor.
Jon Lerner (scarsdalecoin) had a lot of nice material today. (He said he brought the "big show" inventory instead of the "small show" inventory.) What did he have? Well, he had a half dozen or so old-tenor half eagles, including an 1818, all in PCGS slabs and many in MS grades. He had a PCGS slabbed Chain cent and he had a lot of other nice things, too. He was also showing off a UHR. I must say, it was in a pretty da*n fancy wood box! In fact, you could barely see the coin for the box.
I was also worried, because Jon seemed to be offering lemon drops instead of his usual Tootsie Rolls! I was most distressed, until he revealed that the Tootsie Rolls were under the lemon drops (being saved for their favorite customers). Jon usually gets the flavored Tootsie Rolls, which are unusual and therefore, usually go quickly.
Tom Hyland had a number of nice new acquisitions, including a lovely toned 1874 Seated Half in an older ANACS XF-45 slab. I asked why the coin was still in his case (at 10:20) and he said that no one had even looked at it. So, I promptly went over to Pete (a fellow NJNS member) and smacked him and told him to go buy the coin, which he did. The coin had some nice blue tint on the obverse and a lovely ring of blue toning around the periphery of the reverse.
I only stopped by Larry Greenstone (SeaEagleCoins)'s table briefly, as he was very busy, but he had some nice Bust halves in addition to his usual inventory. When I was there he had a customer who seemed to be in the midst of a multi-state run of coin shows (perhaps he was acquiring new inventory?).
Like last month, njcoincrank had taken a table and had two display cases. One (purely for display) had several finest-known counterstamped Stone Mountain commemorative halves, reprints of two articles from The Numismatist and a recently discovered certificate that accompanied the auction of a counterstamped half. njcoincrank said that the certificate was unknown to the numismatic community until it appeared at a coin show a couple of months ago.
While I was talking to njcoincrank, a couple of relative novices stopped by the dealer at the next table and he was asked to consult on a coin being offered - a cleaned Bust dollar that the owner had bought from a "home shopping" show in 1990. Apparently, the owner had paid about $5700 for a $3000 coin, but he has now been bailed out by the passage of time and the big rise in the prices of Bust dollars. He was advised to get the coin slabbed prior to any sales attempt, but that he might very well be able to sell it for twice what he paid for it. (Sometimes, bad stories do have happy endings.)
Today was a somewhat light day for seeing fellow New Jersey Numismatic Society members - I only saw five. If you're interested, our next meeting is in Madison, NJ on March 16th, when njcoincrank will speak about "Coin Glass", which is table wear (platters, pitchers, etc.) that incorporates pressed glass images of silver dollars (mainly Morgans) and half dollars.
Coin Glass was originally manufactured by the Central Glass Company of Wheeling, WV, for five months in 1892, before production was shut down for fear of potential counterfeiting. (Coin glass featuring images of Spanish coins was also manufactured in the 1890s.) Modern Coin Glass was manufactured from the 1960s until 1986 by the Fostoria Glass Company, although their glass features less accurate images of Morgan dollars, for example.
Check out the Southern Gold Society
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Comments
Tom
merse
Sold quite a bit... mainly Bust, Barber and Seated... slabbed and raw... a few buffs ... a few Morgans and some rolls of Circ Dollars... edited to add... I forgot to mention the Franklin Half I sold... doesn't happen that often...
Made a few nice purchases BUT had to turn down a 1918/7-S SLQ... ran out of $ ... it kind of s*cks not being one of those "bottemless wallet" dealers...
Coins are still moving folks, yet there does seem to be a "veil" at around $2000+ that makes folks step back and think hard...
Also found and agreed to buy a super neat key date SLQ which I shall reveal as soon as I get it, this one's got me excited
Thanks for the report.
Home shopping tv was selling bust dollars in the early 90s?
<< <i>It was a nice show today, awful busy too. I got there late and had to leave early to get to the dealership, but it was good to see Larry (And thanks again for the SLQ!) and some other dealers. Larry has this PR67 toned seated quarter that I was drooling over, one of a couple of coins that I saw that I don't collect but that still really impressed me, the other being an MS67 Washington Quarter that just had a "wow" factor.
Also found and agreed to buy a super neat key date SLQ which I shall reveal as soon as I get it, this one's got me excited
You Big Tease!
So Jon gets flavorted Tootsie Rolls, does he? I love them, and can never find them!! I don't think they sell them here in the Hudson Valley or something, because I can't find them at all, and I've looked!
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Ankur
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>I was unable to attend because I was and still am in puerto RICO ;-). Hope y'all are enjoying the snow, it's 80 degrees here.
Ankur >>
Ya know, Ankur... I like you... but you suck!!!!!
Hope you and your better half are having a wonderful time.