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

Santinidollar · Jan 19, 2016

What a day!

Log in or Sign up to hide this ad.

SuperDave · Jan 19, 2016

It's a shame Lost Dutchman's stuff doesn't coincide with my collecting interests (or my budget ). After your story, I want to swing them some business.

Chuck47 · Jan 19, 2016

phankins11 said: ↑

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.

View attachment 470480

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.

View attachment 470481 View attachment 470482

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 so I’m sure I was being cherry picked…maybe not though. 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....

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 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.

View attachment 470483

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!”

View attachment 470484

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

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.
Click to expand...

phankins11 · Jan 19, 2016

SuperDave said: ↑

It's a shame Lost Dutchman's stuff doesn't coincide with my collecting interests (or my budget ). After your story, I want to swing them some business.
Click to expand...

Actually its a bit of a shame on me, I live in muncie, They are less than an hour from me toward Indianapolis and I've never been there...Drew and I will be making a trip soon, no doubt.

Chuck47 · Jan 19, 2016

phankins11 said: ↑

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.

View attachment 470480

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.

View attachment 470481 View attachment 470482

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 so I’m sure I was being cherry picked…maybe not though. 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....

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 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.

View attachment 470483

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!”

View attachment 470484

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

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.
Click to expand...

Opps, sorry about the double entry. If only I knew what I was doing here..,

I wanted to say thanks for the excellent report and I enjoyed the accompanying photo's.

I didn't get over there but maybe next time. Is this a once a year event or monthly?

The time spent with your son is of coarse priceless. He will always remember his first sales and other show events and teaching him simple business skills will benefit him later on in life.

Sounds like a positive experience all around.
Congratulations!

Kentucky · Jan 19, 2016

Sounds like fun...but lots of work!

phankins11 · Jan 19, 2016

Chuck47 said: ↑

Is this a once a year event or monthly?
Click to expand...

This show is once a year. Its always the second Sunday in January.

Mainebill · Jan 19, 2016

That's great you did well. And was a great experience for and with your son. People like that are the future of our collecting community and I always try to support them as I was a 9 year old coin collector once too and remember it well

JPeace$ · Jan 19, 2016

@phankins11, I loved everything about your report but the GB Hat!!! LMAO. I'm a Bears fan.

I've been to Matt's store. He helped me with my CAC submission. We hit over 70% on the submission thanks to his help. He has some very cool WWII memorabilia in the shop as well.

Congrats on your first show. Sounds like you had a blast! I've been thinking about this as well, but I don't think I have enough merchandise to sell.

Conder101 · Jan 19, 2016

Its always the second Sunday in January.
Click to expand...

Third Sunday

David Setree Rare Coins · Jan 19, 2016

I have to tell you that my first show experience was eerily similar to yours, even down to me being a club officer and taking my son along with me. That was many shows ago.

Now for the scary part.

We even look alike. Sorry.

Same bread/mustache arraignment too. I am quite a bit older.

I'm glad you enjoyed yourself. the best days are still ahead!

19Lyds · Jan 19, 2016

I had a table at a local coin show once. It is a lot of work and the worst part is in having more than one customer at a time.

Next time, I bring a helper............

phankins11 · Jan 19, 2016

Conder101 said: ↑

Third Sunday
Click to expand...

That's right...Thanks Conder

coinzip · Jan 21, 2016

Awesome report ...

These are the shows I like most, you have time to make some sales, buy some stuff & make some new friends.

physics-fan3.14 · Jan 21, 2016

Great report. Interesting to hear your experience from the other side of the table.

Log in or Sign up

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

Santinidollar Supporter! Supporter

Guest User Guest

SuperDave Free the Cartwheels!

Chuck47 Member

phankins11 Well-Known Member

Chuck47 Member

Kentucky Supporter! Supporter

phankins11 Well-Known Member

Mainebill Bethany Danielle

JPeace$ Coinaholic

Conder101 Numismatist

David Setree Rare Coins Well-Known Member

19Lyds Member of the United States of Confusion

phankins11 Well-Known Member

coinzip Well-Known Member

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

Share This Page

Log in or Sign up

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

Santinidollar Supporter! Supporter

Guest User Guest

SuperDave Free the Cartwheels!

Chuck47 Member

phankins11 Well-Known Member

Chuck47 Member

Kentucky Supporter! Supporter

phankins11 Well-Known Member

Mainebill Bethany Danielle

JPeace$ Coinaholic

Conder101 Numismatist

David Setree Rare Coins Well-Known Member

19Lyds Member of the United States of Confusion

phankins11 Well-Known Member

coinzip Well-Known Member

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

Share This Page

Useful Searches