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<p>[QUOTE="Publius2, post: 8417220, member: 105571"]Spent the last two days at Summer FUN, arriving at 8:30 and leaving at 5:30. I'm volunteering at our local coin club table so I get an early bird pass as a result. My first experience at that. Interesting to be there before the general public is allowed in. It's nice to browse more or less unhindered. It's also nice to have a "home base" at the coin club table to rest and relax while promoting the club and interacting with the YNs, some as young as 8.</p><p><br /></p><p>Anyway, my contacts at FUN tell me the show was sold out. By my count, there were 294 separate entities occupying tables. That includes TPGs, ANA, ANS, Local Coin Clubs and other non-dealer entities. By my estimate, about 260 dealers.</p><p><br /></p><p>I think business is brisk. This morning about 9, I helped a local dealer friend of mine attribute a Fugio he had recently acquired (Newman 3-D, R-3) in a VF-Details slab - a scudzy coin. We talked about how to price it and he put a number on it that I thought was high by about $150. He told me at 2 that the coin had sold to another dealer minutes after my attribution for his asking price. He is a small, local dealer but he sold $8K in those 4 hours with a diminished starting inventory. Indication, but not proof, of a still strong market.</p><p><br /></p><p>Lots of decent material at the show but not a barn burner. There were, though, some fabulous coins on display. GC, Heritage, and Tangible Investments had lots of old, rare gold and other material. Only at shows do you get to hold stuff you could never buy. For example, during a break, a dealer acquaintance pulled a PCGS slab out of his pocket and asked me if I needed it for my type set. The coin in question was a 1796 eagle in AU-50, a $96K coin. I told him I had that hole to fill but I'd already blown my show budget - Ha! Another dealer friend let me examine a 1796 quarter, a Gobrecht proof dollar and a 1797 half dime.</p><p><br /></p><p>Sat in on a pricing discussion between two national dealers on a trade dollar. That was very interesting because it displayed some nuances and research twists that were new to me. Sorry I can't talk more about that.</p><p><br /></p><p>At the public rope drop on Thursday, public traffic seemed a little thin but it picked up considerably within an hour or two and traffic today was substantial. I did not hear any dealer whining.</p><p><br /></p><p>Somebody tried to pass off a counterfeit 1909-S VDB. From what I heard, second-hand obviously, it was offered to several dealers (one I spoke to personally) who all told him it was fake but he persevered and kept trying to flog it. That is, until the Orange County Sheriffs Deputies intervened and took him away to await the Secret Service, or so I was told.</p><p><br /></p><p>I made a few deals and failed at some. What I acquired: 6 capped bust half dimes, 3 slabbed and 3 raw; 1840-O with Drapery Quarter, NGC AU58; 1852 Half Eagle, NGC AU58 CAC; 1795 Talbot, Allum & Lee Token, PCGS AU55 CAC.</p><p><br /></p><p>Tomorrow is another day.[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 8417220, member: 105571"]Spent the last two days at Summer FUN, arriving at 8:30 and leaving at 5:30. I'm volunteering at our local coin club table so I get an early bird pass as a result. My first experience at that. Interesting to be there before the general public is allowed in. It's nice to browse more or less unhindered. It's also nice to have a "home base" at the coin club table to rest and relax while promoting the club and interacting with the YNs, some as young as 8. Anyway, my contacts at FUN tell me the show was sold out. By my count, there were 294 separate entities occupying tables. That includes TPGs, ANA, ANS, Local Coin Clubs and other non-dealer entities. By my estimate, about 260 dealers. I think business is brisk. This morning about 9, I helped a local dealer friend of mine attribute a Fugio he had recently acquired (Newman 3-D, R-3) in a VF-Details slab - a scudzy coin. We talked about how to price it and he put a number on it that I thought was high by about $150. He told me at 2 that the coin had sold to another dealer minutes after my attribution for his asking price. He is a small, local dealer but he sold $8K in those 4 hours with a diminished starting inventory. Indication, but not proof, of a still strong market. Lots of decent material at the show but not a barn burner. There were, though, some fabulous coins on display. GC, Heritage, and Tangible Investments had lots of old, rare gold and other material. Only at shows do you get to hold stuff you could never buy. For example, during a break, a dealer acquaintance pulled a PCGS slab out of his pocket and asked me if I needed it for my type set. The coin in question was a 1796 eagle in AU-50, a $96K coin. I told him I had that hole to fill but I'd already blown my show budget - Ha! Another dealer friend let me examine a 1796 quarter, a Gobrecht proof dollar and a 1797 half dime. Sat in on a pricing discussion between two national dealers on a trade dollar. That was very interesting because it displayed some nuances and research twists that were new to me. Sorry I can't talk more about that. At the public rope drop on Thursday, public traffic seemed a little thin but it picked up considerably within an hour or two and traffic today was substantial. I did not hear any dealer whining. Somebody tried to pass off a counterfeit 1909-S VDB. From what I heard, second-hand obviously, it was offered to several dealers (one I spoke to personally) who all told him it was fake but he persevered and kept trying to flog it. That is, until the Orange County Sheriffs Deputies intervened and took him away to await the Secret Service, or so I was told. I made a few deals and failed at some. What I acquired: 6 capped bust half dimes, 3 slabbed and 3 raw; 1840-O with Drapery Quarter, NGC AU58; 1852 Half Eagle, NGC AU58 CAC; 1795 Talbot, Allum & Lee Token, PCGS AU55 CAC. Tomorrow is another day.[/QUOTE]
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