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<p>[QUOTE="GDJMSP, post: 3866544, member: 112"]I don't want to come off the wrong way here, but I simply don't know how else to say this. After a couple of decades now of reading posts, not just on this forum but on a lot of forums, about collectors going to con shows, it seems to me that collectors are going to coins shows for the wrong reasons. And I believe they are doing that because they have false expectations. And I don't think they understand the purpose of a coin show.</p><p><br /></p><p>Let's deal with the purpose of a coin show first. Coin shows are organized and put on to mainly do 1 thing - buy and sell coins. But the vast majority of the buying and selling at coin shows, I'd say 75-80% of it, are dealer to dealer transactions. Which means only 20-25% are dealer to collector transactions. What I'm telling you is that coin shows are put on for dealers - not collectors. If the dealers who attend coin shows, pay travel expenses, hotel, table fees, etc. had to rely on sales to collectors - they wouldn't even bother coming to the show - they'd just stay home. The purpose of coin shows are to allow dealers to buy and sell among themselves. And see the coins in hand when these transactions take place.</p><p><br /></p><p>Then we have false expectations. Number 1 is what I what I just said above, I don't think most people realize that. They think coin shows are put on for collectors, but they're not. Even the people who put the coins shows on, they rely on dealer fees to make their money - that's the cake. The entrance fees paid by collectors, that's just the icing on the cake. </p><p><br /></p><p>The second false expectation is that collectors seem to think that just because they are going to a big coin show that they should be able to find the coin or coins they want to buy. And as long as what they want to buy is something that is extremely common, they probably can find it. But if it isn't extremely common, or if it's too specific (such as the OP's desire) they probably won't.</p><p><br /></p><p>Another false expectation is that a lot of collectors seem to have is that they think they should be able to get better prices there. But that isn't true either, the dealer had to pay too much in expenses just to be there so he's not going to be amenable to deals. He has to cover his expenses. If you want deals, the best thing you can do is contact dealers online or go to their shops in person. That's when and where their expenses are lowest so that's when they'll be most amenable to deal.</p><p><br /></p><p>What collectors should go to coin shows for is the knowledge they can gain simply by being there, and the fun they can have, and the relationships they can establish. And not just relationships with dealers (though those are of great importance) but the relationships with other collectors that can be forged. For collectors, that's the cake of coin shows. And if they happen to find a coin they want, that's the icing. But if they don't find a coin, well they got to eat the cake anyway <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3866544, member: 112"]I don't want to come off the wrong way here, but I simply don't know how else to say this. After a couple of decades now of reading posts, not just on this forum but on a lot of forums, about collectors going to con shows, it seems to me that collectors are going to coins shows for the wrong reasons. And I believe they are doing that because they have false expectations. And I don't think they understand the purpose of a coin show. Let's deal with the purpose of a coin show first. Coin shows are organized and put on to mainly do 1 thing - buy and sell coins. But the vast majority of the buying and selling at coin shows, I'd say 75-80% of it, are dealer to dealer transactions. Which means only 20-25% are dealer to collector transactions. What I'm telling you is that coin shows are put on for dealers - not collectors. If the dealers who attend coin shows, pay travel expenses, hotel, table fees, etc. had to rely on sales to collectors - they wouldn't even bother coming to the show - they'd just stay home. The purpose of coin shows are to allow dealers to buy and sell among themselves. And see the coins in hand when these transactions take place. Then we have false expectations. Number 1 is what I what I just said above, I don't think most people realize that. They think coin shows are put on for collectors, but they're not. Even the people who put the coins shows on, they rely on dealer fees to make their money - that's the cake. The entrance fees paid by collectors, that's just the icing on the cake. The second false expectation is that collectors seem to think that just because they are going to a big coin show that they should be able to find the coin or coins they want to buy. And as long as what they want to buy is something that is extremely common, they probably can find it. But if it isn't extremely common, or if it's too specific (such as the OP's desire) they probably won't. Another false expectation is that a lot of collectors seem to have is that they think they should be able to get better prices there. But that isn't true either, the dealer had to pay too much in expenses just to be there so he's not going to be amenable to deals. He has to cover his expenses. If you want deals, the best thing you can do is contact dealers online or go to their shops in person. That's when and where their expenses are lowest so that's when they'll be most amenable to deal. What collectors should go to coin shows for is the knowledge they can gain simply by being there, and the fun they can have, and the relationships they can establish. And not just relationships with dealers (though those are of great importance) but the relationships with other collectors that can be forged. For collectors, that's the cake of coin shows. And if they happen to find a coin they want, that's the icing. But if they don't find a coin, well they got to eat the cake anyway ;)[/QUOTE]
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