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2021 ANA Coin Show Report (Saturday edition)
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<p>[QUOTE="Burton Strauss III, post: 7835225, member: 59677"]When shows ran to Sunday and everyone left early, the excuse was "well, they need to be back at the shop on Monday."</p><p><br /></p><p>The fact is that a large segment of dealers show up to buy & sell at wholesale. ONLY.</p><p><br /></p><p>Many of them don't even bother to set anything out for the retail trade. They did their business during Monday's dealer day and Tuesday PM, Wednesday AM with dealers who didn't come in for Monday. They packed up and were gone Thursday.</p><p><br /></p><p>Unfortunately, you can't split the room into a retail side and a wholesale-only side without getting into the debate over who is a coin dealer? Does that include the "vest pocket" dealer without a table who is roaming the floor with a roller board and 1/2 million in inventory? (yes, he has an EIN, he's an LLC and he's the scout who feeds a lot of inventory to dealers facing the retail trade, no, he doesn't have a shop - but if you exclude him, several of the "real dealers" won't show up).</p><p><br /></p><p>What about a "real" dealer who has his half-million in inventory moved by Brinks. They pick up at 11 am Friday or you pay DOUBLE for a Saturday AM pickup and TRIPLE for Sunday...[/QUOTE]</p><p><br /></p>
[QUOTE="Burton Strauss III, post: 7835225, member: 59677"]When shows ran to Sunday and everyone left early, the excuse was "well, they need to be back at the shop on Monday." The fact is that a large segment of dealers show up to buy & sell at wholesale. ONLY. Many of them don't even bother to set anything out for the retail trade. They did their business during Monday's dealer day and Tuesday PM, Wednesday AM with dealers who didn't come in for Monday. They packed up and were gone Thursday. Unfortunately, you can't split the room into a retail side and a wholesale-only side without getting into the debate over who is a coin dealer? Does that include the "vest pocket" dealer without a table who is roaming the floor with a roller board and 1/2 million in inventory? (yes, he has an EIN, he's an LLC and he's the scout who feeds a lot of inventory to dealers facing the retail trade, no, he doesn't have a shop - but if you exclude him, several of the "real dealers" won't show up). What about a "real" dealer who has his half-million in inventory moved by Brinks. They pick up at 11 am Friday or you pay DOUBLE for a Saturday AM pickup and TRIPLE for Sunday...[/QUOTE]
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