One for the money, two for the show ...

Discussion in 'Coin Chat' started by phankins11, Jan 15, 2016.

  1. phankins11

    phankins11 Well-Known Member

    So I will be running my own table for the first time, at the local yearly show this weekend.

    First observation, holy crap it takes a lot of time to get ready. Im excited but nervous.

    The forecast is calling for an arctic blast to bring more snow and freezing temps. I hope that doesn't lead to a horrible attendance.

    Any way, I have a few more tasks to complete, but for the most part I'm ready.

    Here's my show case. No, that's not all...I'll have an 8 foot table in the front and a 6 foot table in the back and they will be full of stuff. I'll do my best to take pics and report back. Im sure it won't be any thing like Amanda's or Charmy's....after all it's Muncie...where our nicest restaurant Johnny Carinos.

    IMG_20160115_221524.jpg
     
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  3. coincollector197

    coincollector197 ANA Platinum member since 12/9/15

    I may be interested in some of those things in there. I will pm you shortly.
     
  4. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Where? o_O
     
  5. phankins11

    phankins11 Well-Known Member

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  6. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Yes. I read about Longacre doubling once. Good example of 69 over 69.. I don't know about the 8 though. Take it to Muntukey coin show and have it looked at :cool:
     
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  7. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    What's in the AACGS - American Alliance Coin Grading Service - First Party Slab?
     
  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    Best wishes on a good show. :)
     
  9. phankins11

    phankins11 Well-Known Member

    1982 D George Washington half dollar commem. First party slab, basement slab, whatever you wanna call it LOL. Picked it up for cheeeep at our club auction.
     
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  10. Chuck47

    Chuck47 Member

    Good luck at your show. I'm going to try and visit your table if the weather allows. Did you say this was also a stamp show?
     
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  11. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Really curious to hear about your experience when you are done.
     
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  12. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

    That's great!! there is no substitute for learning the current value of one's coins than selling some. Welcome to the "dealer club"!
     
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  13. gibsport

    gibsport Active Member

    Good Luck to you on your first show. I did my first 3 shows last year and enjoyed the heck out of it. Don't be discouraged by one show. Each of mine has been markedly better as people get to know me. Once again, good luck!
     
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  14. phankins11

    phankins11 Well-Known Member

    Well, to be honest, I'm not sure on the stamps. We are the Muncie Coin and STAMP club, and the past 5 years I've attended there have been tables with stamps, but I did hear that our biggest stamp dealer in the past did not register for a table this year, so I'm not sure how much of a stamp presence there will be.
     
  15. phankins11

    phankins11 Well-Known Member

    To be completely honest, if I don't sell a thing I'll be OK. I have some ulterior motives at work here. Yes...I want to grow as a numismatist and dealer which means selling, but that will only happen by putting the time in to meet people, expand my circle of friends in the hobby, beyond Muncie, and also just jumping in and learning the ropes.

    I am also the secretary of the club here, and this is our club's show. The club is in big need of a change of pace\direction or its going to fade away. I don't want that. So far I feel that I'm having a positive influence on this issue, so being at the show that we put on and promoting the club and some of the smaller changes we've made will only help.

    If I can sell some coins in the middle of that, well, then that's icing on the cake.
     
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  16. Santinidollar

    Santinidollar Supporter! Supporter

    Tell us how it comes out. Good luck!
     
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  17. Kentucky

    Kentucky Supporter! Supporter

    Good luck
     
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  18. fish4uinmd

    fish4uinmd Well-Known Member

    Good for you and best of luck!
     
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  19. Mainebill

    Mainebill Bethany Danielle

    Good luck and welcome to the dealer world. I started doing shows last year myself
     
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  20. phankins11

    phankins11 Well-Known Member

    As promised, here is my Muncie Coin Show report...


    I apologize for not getting this out here sooner. It’s been one of those weeks already where I’ve been WAY busier than I anticipated. Sunday night I was just too tired to really get anything put out here.

    I digress….

    My day started off at 5:00 AM. Being an officer of the club (secretary), I needed to be there as soon as we could get in the building. When I got there, there were already few of the local club members bustling about preparing for the onslaught of dealers who had already started to line up at 6:30…7:00 AM is usually check in time. Originally, I was told I’d be checking vendors in, but our immediate past secretary was already hard at work getting ready for that. This freed me up to get my stuff in and set up.

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    I brought my son along, I figure any time he wants to tag along is alright with me. Originally we had planned on my wife bringing him buy a 9 AM when the show started, that way he could get some extra sleep the day before the school week started, but he begged and begged to just come with me in the morning, so we agreed.

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    As soon as I got sat up I had dealers walking over to take a look. One dealer in particular, who was two tables down from me, ended up buying my 1965 (still in the blue box) SMS set from me and then as he looked through some of my other stuff ended up buying a couple of nice war nickels, LMC proofs and dimes off me as well. The rub, he’s an error\variety guy :rolleyes: so I’m sure I was being cherry picked…maybe not though:cool:. I had met this dealer at the last two previous shows and he had a particular IKE that I just loved, but was asking too much, I felt. I asked him again this year if he got the coin sold, he said he still had it but was willing to let it go for my price…so I ended up with it (this will be a GTG thread here soon). The good part, and this is why I did this, was that I got his card, email address, and made another good acquaintance in the biz. He has been an attributer with ANACS and NGC and has worked directly with Wexler in writing Wexler's quarter book (which I didn't really know existed). Bit of a dry personality, but from what I’ve discussed with him he knows his stuff, which is good. Does a lot of IKE stuff.... :D

    As the show progressed and the hounds were released, I actually saw more traffic at my table that I thought I would. Another good dealer friend, who is always really good about selling to me at Gray sheet bid, or even under when he can, was three tables down from me in a different direction, which made it easy for me to go down and make a good deal on some type coinage. I am hoping to travel to his home this year, at least once (he’s about two hours away), and do a larger buy with him.

    One thing that I did not anticipate was that I had more people stop buy than I thought I would. I asked my brother to help me man my table, and with my son there too, I thought I’d be able to get out a bit more, but I just wasn’t able to. I was able to get a couple tables down to fill a hold in my Washington Quarter Collection (1943 D) but that was it! So knowing that, now it’s going to be a balancing act between how many shows I want to do and how many I want to just go as a collector\buyer.

    One thing that I had a ball with, tho, was Drew, my son. He had brought some of his coins along and was going to try to do some trading…well things weren’t moving for him, so he decided he’d walk the floor a bit. Red book in hand, he headed out. About 30 mins later he came back with a 1987 P&D Washington quarter set. The dealer let him have them for half price. Using his Red book, Drew felt that the quarters were in MSS3 – MS64 range and that if he could sell them for that then he could make a profit. So he priced’em, put them on the table, and waited. A few minutes later he was hungry so he stepped away to get us lunch. While he was out, I purchased….eh hem…some kid came by and bought his quarters :rolleyes: I had to give him an early win…get that excitement moving. I won't do that all the time, but I gotta prime the pump. Well with more money than he started with he was stoked. He decided to put all the other coins he brought out on the table for sale, after he priced them with the Red book. It was fun watching him do the research and looking at the coins, then back at the book and then contemplating…really fun.

    Well later that afternoon, while things were still movi’n-n-groovi’n I saw this guy walking by and I flagged him down. I told him since this was Muncie, I had had to get the only famous well known numismatist in photographic form for my report. I had already been over to his table and had said hi to him, Sam Schafer and Evan, but I figured I’d get Matt over to my table for a pic…and he graciously agreed.

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    Here’s how freekin cool this guy is, he sits down at my table and as I’m making apologies for the *VERY HEAVILY* modern laden table of mine (we all know what Matt things about moderns right @mikenoodle ) he starts looking at the coins my son had laid out. Somehow he strikes up a conversation with my son and Drew explains that he’s already made one sale. Well before I know, Matt is pulling his money out of his pocket and tells Drew, “well…good I think I’ll buy this $6 Kennedy off of you!”

    20160117_141146.jpg

    You talk about making a kids day…and making a dad’s day. What a stand-up guy. Really, to support a kids experience like that speaks volumes to the kind of dealer Matt is. Thanks again @LostDutchman !

    Later that evening I messaged Matt and told him that I appreciated his gesture, that he really made Drew’s day, and then I asked if it was a really RARE Kennedy that he cherry picked :p

    Anyway, All in all it was awesome for my first time doing this. I actually sold about $300 bucks worth of stuff…now that’s not profit, just sales, but I felt it was a good day. I feel I made some good contact with folks and I am definitely going to try to do more of this. It’s just too fun AND educational not to.

    Well, I hope my report stood up to expectations. Thanks for reading.
     
  21. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse

    Very cool. Thanks for sharing!
     
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