Hey Guys. Today, Saturday, I visited the Baltimore coin convention, and for my first ever visit to a coin show, it was great!! I picked up many coins: For around 35 Dollars 1934 G Buffalo Nickel- $.95 1937 VG Buffalo Nickel- $.95 1936 VF Buffalo Nickel 1916-D Lincoln Cent 1930-S Buffalo Nickel 1976-P Jeff. Nickel- 1902 VG10 V Nickel 1976-D Bu, 1926 VG Buffalo Nickel 1972 Kennedy Half- 1939 XF40 Merc Dime 1949-D Jeff Nickel- 1937-s F Merc Dime 1952-D Jeff Nickel- 1938-D Merc Dime 1945-D Merc Dime- 1929 XF40 Lincoln Cent 1977 Kennedy Half- 1913-D G Lincoln Cent 1929 VG Merc Dime 1929-S Merc Dime 1909 Very Fine V.D.B. 1937 Filled Die Lincoln Cent 1907 V Nickel VG- 1909 Barber Dime $1 Silver Cert. Series 1957-B- $4.00 IS THIS NUMBER RARE?---->> X84766748A And if anyone had seen two teenage boys that lloked alike walkin around with an Indians Lacrosse Shirt on, That was us. -The only incident we had was a supposed 'Bait and Ditch' move by a dealer. So we were looking through a bargain box, and a lady came up to us and said, "You guys look like young numismatists. For everyone coin you take out of the bargain box, you can have one free." We thought great!! But soon, the lady was nowhere to be found, and at table 100, my bro cashed in the coins we wanted, only to discover that the lady lied. My brother went with the buy anyway b/c we needed the coins, but we thought we were getting 12 coins/$10.00, but we really got the intended price of 12 Coins/$20.00. Has anyone ever had this happen to them?
One of the best things about bringing your 10 year old grandson with you to the shows, is that dealers give coins to him free... We will be at the three day Boston show on Sat. Dec. 1st.
I was at the Baltimore show too. My problem is with dealer pricing. I picked up a nice coin for $400 which was only about 10% over Greysheet. A good buy. Then I found another coin, same set, different date. It too should have gone for about the same price. But the dealer wanted $600! You can't even bargain when it's overpriced that much. I wonder how that dealer can make a living that way?
For a young numismatist, my brother and I only spent 40 dollars. That is good considering the prices of some black eagles, Morgans etc. Why were there so many Morgan Dollars for sale there?
There are a couple sets which are VERY popular with collectors, from beginners to the advanced. Morgans is one of those sets. Lincolns is another. But in general Morgans are more expensive than Lincolns so the $ profit is better. Dealers can only bring a limited stock so for a big show like Baltimore they bring the items that will pay expenses.
Two reasons really, one - they are one of the most popular coins there is so there are lots of people who want to buy them. And two, they are one of the most common coins there is and exist in huge numbers.