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<p>[QUOTE="coppermania, post: 1296393, member: 18304"]All great points folks, and mine are only an observation from a collector/ apprentice that is associated with a dealer. </p><p><br /></p><p> As far as shows are concerned, I would have trouble seeing the benefit to "taking the show on the road" and making that the whole of a business. It is quite expensive for a flight, housing, booth rental and maybe a car rental and that money alone would be quite stressful to have to recover just to start making money on a three day weekend. Especially after investing in over a 100 thousand into an inventory that can pull that kind of profit. Then with multi million dollar auctions at every show loaded with killer coins as competition, it is quite daunting. Then someone wants to "talk you down " from your highlight pieces that are really the only shot you have to make up your overhead, it can make for a bummer weekend. A nice store would be helpful and (I'm sure PMs would keep that alive) attending a few shows a year to build new stock or blow out dead material would make it useful, otherwise, no wonder so many dealers are singing the blues. I suspect dealers are like everyone else and are there for the same reasons, that they love coins and the real criers are the ones that get hung up on always "making out". Sure it is tough out there, everywhere right now, that's life. The key is to find the new opportunities and keep trustworthy people close, reevaluate goals, be astute, and stay positive.</p><p><br /></p><p> As a collector, I hear it is a "collectors paradise" and that there are deals out there, but for the coins in the grades I am into, the competition is fierce. Great coins get placed on Heritage or others and I get outbid all the time! There is a strong market for really nice coins and the less attractive problem ones are pretty soft. My dealer friend says he won't commit too much capitol in collector coins at the moment, because he sees them going even lower in price and his offers are quite low at the moment. </p><p><br /></p><p> So, I have a big interest in coins, and I love shows, but I can't get away often so I chose to attend the FUN in Jan. Attending will cost me 1000 with flight 500, hotel 300, food etc. I save up for that all year because:</p><p><br /></p><p> 1. I'm looking for exceptional material I want to view in hand, and it helps me look at tons of material that gives me an eye for what to look for when buying online the rest of the year.</p><p> 2. I see things that I never knew existed from the finest to the worst.</p><p> 3. I get to hang out with friends I met at the Summer Seminar and I enjoy their company.</p><p> 4. I get a face to face with dealers I can work with over the phone and internet the rest of the year. </p><p> 5. It is warm in FL and I can get around some palm trees in the dead of winter and my business field slows. </p><p> 6. I go from the show further south to hang out with a friend and fish for a day or two. </p><p> 7. There is something cool going to happen that I don't even know and I just need to show up to find it. Etc.</p><p><br /></p><p>Everyone is into this hobby for their own reasons, these are mine. Not everybody can make it to a show for the time or the money. I just hope nobody panics and gets out, this hobby is here to stay, IMO</p><p>Matt[/QUOTE]</p><p><br /></p>
[QUOTE="coppermania, post: 1296393, member: 18304"]All great points folks, and mine are only an observation from a collector/ apprentice that is associated with a dealer. As far as shows are concerned, I would have trouble seeing the benefit to "taking the show on the road" and making that the whole of a business. It is quite expensive for a flight, housing, booth rental and maybe a car rental and that money alone would be quite stressful to have to recover just to start making money on a three day weekend. Especially after investing in over a 100 thousand into an inventory that can pull that kind of profit. Then with multi million dollar auctions at every show loaded with killer coins as competition, it is quite daunting. Then someone wants to "talk you down " from your highlight pieces that are really the only shot you have to make up your overhead, it can make for a bummer weekend. A nice store would be helpful and (I'm sure PMs would keep that alive) attending a few shows a year to build new stock or blow out dead material would make it useful, otherwise, no wonder so many dealers are singing the blues. I suspect dealers are like everyone else and are there for the same reasons, that they love coins and the real criers are the ones that get hung up on always "making out". Sure it is tough out there, everywhere right now, that's life. The key is to find the new opportunities and keep trustworthy people close, reevaluate goals, be astute, and stay positive. As a collector, I hear it is a "collectors paradise" and that there are deals out there, but for the coins in the grades I am into, the competition is fierce. Great coins get placed on Heritage or others and I get outbid all the time! There is a strong market for really nice coins and the less attractive problem ones are pretty soft. My dealer friend says he won't commit too much capitol in collector coins at the moment, because he sees them going even lower in price and his offers are quite low at the moment. So, I have a big interest in coins, and I love shows, but I can't get away often so I chose to attend the FUN in Jan. Attending will cost me 1000 with flight 500, hotel 300, food etc. I save up for that all year because: 1. I'm looking for exceptional material I want to view in hand, and it helps me look at tons of material that gives me an eye for what to look for when buying online the rest of the year. 2. I see things that I never knew existed from the finest to the worst. 3. I get to hang out with friends I met at the Summer Seminar and I enjoy their company. 4. I get a face to face with dealers I can work with over the phone and internet the rest of the year. 5. It is warm in FL and I can get around some palm trees in the dead of winter and my business field slows. 6. I go from the show further south to hang out with a friend and fish for a day or two. 7. There is something cool going to happen that I don't even know and I just need to show up to find it. Etc. Everyone is into this hobby for their own reasons, these are mine. Not everybody can make it to a show for the time or the money. I just hope nobody panics and gets out, this hobby is here to stay, IMO Matt[/QUOTE]
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