Bid board biddings...
miko999
Posts: 16 ✭
This topic is for the old timers on the board. In this age of high tech, does anyone missed going to your local coin shops and mingle with other collectors and compete for the coins you really want, and winning a door prize? I for one have missed those good old days. Are there any of those old coins shops around? I remember winning an SVDB Lincoln in Fine for something like $135 which was a lot of money for a kid in the 60s.
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Comments
There hasn't been a coin shop around since his death and I really do miss him and going by his shop every Saturday morning before the bids closed looking for a bargin.
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etexmike
Gary
Looking for PCGS AU58 Washington's, 32-63.
Sean
I used to go to that shop. I started going there right when I got into coin collecting. They were always very nice to me. Wayne was very helpful and willing to talk. His mom and dad were also very nice. I remember Wayne and his brothers use to run the place.
For a while after they closed that shop they used to hold coin club meetings at a restaurant around LAX. We used to have prime rib dinner and chat about coins. It was a lot of fun.
I don't know when they closed their Miracle Mile coin shop. I think they moved it closer to their home. I still see Wayne and his brother at the Long Beach show.
<< <i>If you don't mind, What is a Bid Board? >>
kingmatt,
A bid board is for collectors to sell their coins. Usually an entire wall setup for the purpose. Each coin (or group of coins) is attached to a card with the minimum bid, then those interested place bids starting at the top. At the close, usually around 3 PM on a Friday or Saturday, the last (highest bid) gets the coin.
When I was in to stamps some 20 years ago, I practically lived at a couple boards.
There is actually one coin shop in my area that has a bid board, as well as a BIN board.
Russ, NCNE
Obscurum per obscurius
Do you know what day and time the bid board closes in Escondido? I'll check them out. I used to go to the one at Clairmont coins every week. I got a 1864 2 cent piece that probably grades AU50 for almost nothing when that bid board was active. The interesting thing about the coin is that the reverse is rotated 175 to 180 degrees.
Dennis
Looking for PCGS AU58 Washington's, 32-63.
That ought to tell you something about what you collect.
Stop picking on me! Why is it every time I come to this forum someone has to attack me for collecting pre-Confederation Canadian bank tokens? Why can't you leave me alone? I know-- you're all jealous!
Obscurum per obscurius
Obscurum per obscurius
For the Morgan collectors - The Morgan and Peace encyclopedia by Van Allen and Mallis
What would your slabbed coins be worth if the grading services went out of business? What would your coins be worth if the Internet was taken offline for good?
I can give you the name of at least 4 shops aroung LA that have bid boards.
Coin Depot in La Verne, their board closes Saturdays at 5:00PM.
Another is the Coin Buyer in Montclair on Central Ave, his board closes Tuesday evenings, then there is Michelle's Coins in Buena Park and her board closes Thursday evenings at 7:00PM.
There is Van Buren Coin in the Riverside area.
Then there is mine. About Rare Coins in Chino. My shop is new and I'm looking for new bidders and hangers. The board can accomodate up to 1000 lots. The registration fee is waived during the month of August. I am freeway close, probably the easiest shop to get to.
I am located 1/4 mile South of the 60 fwy on Central Ave on the west side facing the street.
My board closes Sundays at 4:00PM.
I believe there is a rennisance taking place, where people actually like to go and meet face to face on a regular basis with people of similar interests and buy, talk and trade coins. And the Bid Board provides this venue.
Come buy for a visit!
We have one board closing today at 4:00 and another starting at about 4:30.
About Rare Coins
About Rare Coins
12562-B Central Ave
Chino, CA 91710
mike@gemcoins.net
www.gemcoins.net
About Rare Coins
12562-B Central Ave
Chino, CA 91710
mike@gemcoins.net
www.gemcoins.net
Too bad most of the shops are south of LA as I live to the north.
<< <i>In the 80's I used to sell tons of coins at the Miracle Mile coin shop in Hawthorne, CA (it was a shop opened in conjunction with their store in LA).
I used to go to that shop. I started going there right when I got into coin collecting. They were always very nice to me. Wayne was very helpful and willing to talk. His mom and dad were also very nice. I remember Wayne and his brothers use to run the place.
For a while after they closed that shop they used to hold coin club meetings at a restaurant around LAX. We used to have prime rib dinner and chat about coins. It was a lot of fun.
I don't know when they closed their Miracle Mile coin shop. I think they moved it closer to their home. I still see Wayne and his brother at the Long Beach show.
*****************
Yeah, Coin-O-Rama was the name of the shop. I would sell hundreds of lots each week. I used to use bright colored pens and put color dot stickers on my lots to keep track of my coins. Wayne and his brothers were great to deal with. I usually run into them at the Long Beach shows, too.
>>
The 'ol man at Miracle Mile was Clem, a decent fellow. The main shop was on Wilshire Blvd. in Los Angeles. He passed away years ago. His son is an active dealer who is always at Long Beach show.
Coin-A-Rama City in Hawthorne brings back many memories. It was sort of a swap meet on Wednesday nights. Folks like Joel Rettew would set up for the night. Not all good memories however. The "gold man" who would walk through sold me a fake $10 Indian.
ttt
There is a shop in Worcester Mass that still runs a bid board. I was there on a Saturday a few weeks back when the board was ending, and it was quite the crowd.
This (ancient) thread has 4 banned users posting in it. Not counting threads that resulted in mass bannings, I wonder what the record number of banned users is for an extant thread?
Many years ago there was a bid wall in Boston like no other. Among many other coins, I purchased the following coins on the bid wall which are still in my collection:
1793 Chain Cent, now in an NGC VF-30 holder
1797 half dime with 13 stars (a very scarce coin) now in an NGC VF-35 holder
1796 dime now in a PCGS AU-50 holder
1796 Quarter now in a PCGS VF-25 holder
On the day I purchased the 1796 Quarter, there was another 1796 Quarter that came down the same day. It would probably get into an EF-40 holder today. I just couldn’t afford that one which sold for $7,000 as memory serves.
There was also one of the finest known examples of the 1804 dime. It was a very nice AU. I was the under bidder because I simply ran out of money to bid.
Buyers from the leading coin dealers in the area, including New England Rare Coin Gallery, which was a forerunner of Heritage, came there to bid.
I still visit our local B&M shop which has a weekly auction board !!!
This was in the mid 1980s, and yes, all of these coins have gone up quite a bit. The week after I bought the 1796 Quarter, a leading dealer offered me a $500 profit.
The 1804 dime, which sold for $6,300, now lists on the Gray Sheet at $55,000 in AU-50.
Of course ANACS papers were the only grading service at that time, so there were no professional graders there to hold your hand. You had take the shop's grade on the coin or grade it yourself. Everything was raw.
https://scvhistory.com/scvhistory/signal/coins/sg012707-coins.htm
A Coin Tradition: The Bid Board by Sol Taylor
He who knows he has enough is rich.
The thread is 16 years old.
Bid walls were the "local eBays" of yesteryear with a bit more monitoring from the governing body.
There was once a bid and buy it now board in Oxnard/Ventura California named Ketts Koin Kastle. It was where I first started buying nickels about 10-11 years ago.
The guy working the counter would always discount the prices for me, I never asked for this, I would just pick out 6-10 or more coins and with his addition I could pick more and more! I must have been their only nickel guy. I never bid on the board back then, I was too new and fresh to the hobby to understand it.
It finally closed about 2 years ago. I was there the very last day they were open, before a Super Bowl. I kinda figured they would close as construction was demolishing the entire Wagon Wheel historic area. They said they were moving locations but he died that night.
That will always be my favorite shop, even with a light inventory
I crack slabs at times without hesitation, but I cannot bring myself to open any of the many flips I still have from there. The nostalgia of the beginning...
but it is a fond memory, and the only bid board I ever saw.
http://www.pcgs.com/SetRegistry/publishedset.aspx?s=142753
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
And mail bid was the "long-distance eBay." One of my favorite dealers I visited as a kid (8-12 years old) had 50 cent grab bags. He would usually help you out as to which one to pick. That was how I got my first 3-cent nickel.
Wow, that dime showed a heck of a profit over time!
"A dog breaks your heart only one time and that is when they pass on". Unknown
OMG!!! What a small world. My father was a career Naval Officer and we lived all over the world. In 1975-76 we were stationed at Port Hueneme. I would mow the yard and wash the cars for .75 cents a week allowance but my BIG operation was collecting aluminum cans. I would ride my bike all over base and dumpster dive and collect cans and bring them hme when my bag was full and go out again. When I had 30 pounds or so my dad would drive me down to the recycling company and I would get some cash and then we would rive over to Ketts Koin Kastle where I would buy stamps for my collection. I bought my first REALLY expensive stamp (a whopping $1.75) off of their bid board.
When I lived in Renton, WA, the coin shop there had a bid board...and it was very active...I did get a couple of Morgans there... Cheers, RickO
We had a couple of bid boards near where I used to live in the late 1960's and once in awhile a fight would break out when bidding ended and someone would hog the position in front of a particularly desirable coin to keep someone else from bidding against him.
Anyone ever see this?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Well, this thread is almost as old as bid boards, but lemme remind you that in the days of bid boards, BU Morgans were THREE DOLLARS and FIVE DOLLARS for...prooflike.
But those expensive $20 goldpieces were an astronomical $40, too.
Talking 1971.
I remember a guy coming to the local coin shop buying a double eagle weekly for $45 each.
Glad someone resurrected this old thread, I wasn't a member when it died.
I never won much on bid boards but there was a dealer in Atlanta that had weekly auctions in the late 70s. I still have a few of the coins I bought back then.
it's crackers to slip a rozzer the dropsy in snide