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<p>[QUOTE=&quot;GDJMSP, post: 1523062, member: 112&quot;]I&#039;ve been to a great many coin shows from the biggest to fairly small ones. And from what I have seen they are little different in most respects when it comes to what dealers attend each show. Even at shows with only 50 or so dealers present, every one of them had dealers there from a thousand miles away. Some would even have dealers from further away. At the big shows they come from all over, even out of the country.</p><p><br /></p><p>I lived in Salt Lake City for 28 years. Salt lake is a fairly good sized city, the largest around for 500 miles in any direction. Only Denver and Vegas are larger, and you have to go 800 miles to find another city larger. And Salt Lake always had at least 4 shows a year. None of them were very big really, 50 to 80 dealers mostly. But the same dealers came to every show. And they were from basically everywhere west of the Mississippi. We only had 4 dealers in Salt Lake, and only 1 of them ever attended the local shows.</p><p><br /></p><p>Now it might be different in the eastern US, but I somehow doubt it. Dealers go to shows to buy, every bit as much as they go to sell. They need to get out of their local area to find new material and to find new customers. And you can&#039;t do that by staying close to home.</p><p><br /></p><p>You also have to realize that probably 80% or more of all coin sales made during any coin show occur between 2 dealers - in other words dealer to dealer. Their primary reason for being there is so they can buy and sell to other dealers, not to private individuals. That is why all coin shows have what they call a dealer&#039;s day. It is the day before the show opens when the public cannot attend and all business is just between the dealers. A single coin can trade hands (between dealers) as many as 5 times at a single show. And that is not really uncommon.[/QUOTE]</p><p><br /></p>

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