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ANA Show Report 8/7/24
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<p>[QUOTE="ddddd, post: 25507741, member: 22377"]An update from my second day, 8/8/24, at the ANA</p><p><br /></p><p>~Again there wasn’t much of a line to purchase tickets or a crowd to get in a little after the 10 AM general entrance time.</p><p><br /></p><p>~I tried my luck at the NGC contest. This year was different than previous times. Instead of a pure grading test, there were three portions. Part 1 had general trivia questions, part 2 involved identifying coins, and part 3 was grading. I don’t want to give much away since the contest is still ongoing but for me there was a combination of easy and harder parts (some of which would be easy for those people that collect a certain region that I don’t know much about). Everyone who partakes gets a free participant slab and the winners will get some prizes (grading credits, etc).</p><p><br /></p><p>~ Having mostly sold what I wanted yesterday, I decided to bring a few more coins today. These were more of a test of the market. I liked all of them and was only willing to sell at strong rates. As expected, only one coin sold after several efforts. With some others it seemed like a few dealers were close but did not think they could make enough on the coins to seal the deal. I was ok with that and happy to keep those coins. One I thought looked very nice under the show lights and I questioned why I was selling it. Of course I can’t keep them all if I want to continue to get upgrades, so sometimes sacrifices are made on nice coins in order to get even better ones.</p><p><br /></p><p>~In terms of buying, I was focused on finding a world crown that had great eye appeal and a design that I liked for under $1k. I saw some decent items (Mexico, Central American Republic, French Indochina, Japan) but nothing that stood out. Either the prices were more than I wanted to spend or the coins were just average (yet still priced strong). I did not want to overpay just to get something.</p><p><br /></p><p>~As mentioned yesterday, I’m also on the hunt for a coin from Uzbekistan. I came very close-Tajikistan! And it was priced at the $100 mark that I like. Unfortunately it wasn’t the right country (I already have a coin I like from Tajikistan and the design on this one wasn’t as captivating).</p><p><br /></p><p>~I did find several US toned coins to buy in a combo deal. I paid a little more than I wanted for one but the others I was actually able to resell later at the show to effectively get the one keeper closer to my desired price. A little extra work paid off!</p><p><br /></p><p>~I’m not one to shy away from a coin in a details slab if I like the look and it’s priced right. I saw one such Capped Bust Half Dollar. PCGS had called it UNC questionable color. I think the color is a toss-up but I liked the look. The dealer wanted 4,500 for it. That is in the MS 64-65 price range. I understand that the dealer thinks it is natural but that is the kind of price where you really need to get it in a straight graded holder.</p><p><br /></p><p>~I ran into some people from Instagram and was able to talk/look at coins with one of them. Sometimes I’m super focused on the mission of hunting out something to buy or sell so I don’t stop to talk much. I also feel like it isn’t the best to take up extensive time, especially at a table, when others are waiting to buy/sell. I have been in that situation where it took a long time and I had to leave a table where there was something potentially interesting.</p><p><br /></p><p>~I verified and the soap still smelled odd! It wasn’t me either since the soap at a fast food place smelled much better!</p><p><br /></p><p>~Some dealers I have completely given up on and don’t think I will stop by again. I have not been able to reach a deal buying or selling after years of trying. One annoyance is those that say top prices paid or buying all coins and they pass without even listening to a price. Bonus points to those that have prices that are multiples of what I’m asking yet they can’t make any money at my prices (maybe they need to lower their spreads and move some of those coins).</p><p><br /></p><p>~Kudos to the dealers that pass on coins gracefully. I understand a deal can’t always be made and some are good at being nice about it.</p><p><br /></p><p>~I saw one Compugrade holder today! It said NFS (not for sale). It wasn’t a rarer version. All are tough but this was a Morgan with a grade that is seen occasionally, 64.3 (it is not on the list that Lakesamman, from the PCGS forum, needs so it can’t be that rare!).</p><p><br /></p><p>~The show wasn’t packed today but there were plenty of people there. It will be interesting to see what total attendance turns out to be. Although I don’t think this show will set any records, it should still see decent numbers.</p><p><br /></p><p>~Well two days are in the books and it was fun! Hopefully others that went enjoyed their time too and everyone else got a little taste from reading the reports.[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 25507741, member: 22377"]An update from my second day, 8/8/24, at the ANA ~Again there wasn’t much of a line to purchase tickets or a crowd to get in a little after the 10 AM general entrance time. ~I tried my luck at the NGC contest. This year was different than previous times. Instead of a pure grading test, there were three portions. Part 1 had general trivia questions, part 2 involved identifying coins, and part 3 was grading. I don’t want to give much away since the contest is still ongoing but for me there was a combination of easy and harder parts (some of which would be easy for those people that collect a certain region that I don’t know much about). Everyone who partakes gets a free participant slab and the winners will get some prizes (grading credits, etc). ~ Having mostly sold what I wanted yesterday, I decided to bring a few more coins today. These were more of a test of the market. I liked all of them and was only willing to sell at strong rates. As expected, only one coin sold after several efforts. With some others it seemed like a few dealers were close but did not think they could make enough on the coins to seal the deal. I was ok with that and happy to keep those coins. One I thought looked very nice under the show lights and I questioned why I was selling it. Of course I can’t keep them all if I want to continue to get upgrades, so sometimes sacrifices are made on nice coins in order to get even better ones. ~In terms of buying, I was focused on finding a world crown that had great eye appeal and a design that I liked for under $1k. I saw some decent items (Mexico, Central American Republic, French Indochina, Japan) but nothing that stood out. Either the prices were more than I wanted to spend or the coins were just average (yet still priced strong). I did not want to overpay just to get something. ~As mentioned yesterday, I’m also on the hunt for a coin from Uzbekistan. I came very close-Tajikistan! And it was priced at the $100 mark that I like. Unfortunately it wasn’t the right country (I already have a coin I like from Tajikistan and the design on this one wasn’t as captivating). ~I did find several US toned coins to buy in a combo deal. I paid a little more than I wanted for one but the others I was actually able to resell later at the show to effectively get the one keeper closer to my desired price. A little extra work paid off! ~I’m not one to shy away from a coin in a details slab if I like the look and it’s priced right. I saw one such Capped Bust Half Dollar. PCGS had called it UNC questionable color. I think the color is a toss-up but I liked the look. The dealer wanted 4,500 for it. That is in the MS 64-65 price range. I understand that the dealer thinks it is natural but that is the kind of price where you really need to get it in a straight graded holder. ~I ran into some people from Instagram and was able to talk/look at coins with one of them. Sometimes I’m super focused on the mission of hunting out something to buy or sell so I don’t stop to talk much. I also feel like it isn’t the best to take up extensive time, especially at a table, when others are waiting to buy/sell. I have been in that situation where it took a long time and I had to leave a table where there was something potentially interesting. ~I verified and the soap still smelled odd! It wasn’t me either since the soap at a fast food place smelled much better! ~Some dealers I have completely given up on and don’t think I will stop by again. I have not been able to reach a deal buying or selling after years of trying. One annoyance is those that say top prices paid or buying all coins and they pass without even listening to a price. Bonus points to those that have prices that are multiples of what I’m asking yet they can’t make any money at my prices (maybe they need to lower their spreads and move some of those coins). ~Kudos to the dealers that pass on coins gracefully. I understand a deal can’t always be made and some are good at being nice about it. ~I saw one Compugrade holder today! It said NFS (not for sale). It wasn’t a rarer version. All are tough but this was a Morgan with a grade that is seen occasionally, 64.3 (it is not on the list that Lakesamman, from the PCGS forum, needs so it can’t be that rare!). ~The show wasn’t packed today but there were plenty of people there. It will be interesting to see what total attendance turns out to be. Although I don’t think this show will set any records, it should still see decent numbers. ~Well two days are in the books and it was fun! Hopefully others that went enjoyed their time too and everyone else got a little taste from reading the reports.[/QUOTE]
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ANA Show Report 8/7/24
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