Security at coin shows

It's all for a good cause. I usually donate about $50 worth of cookies, freeze some and eat the rest.

 

Log in or Sign up to hide this ad.

When your dealing with this kind of "Coin" you have to have some sort of
Security if thats a .40 in your coat pocket so be it !!

 

That is a fine concept and application, as long as the security officer is properly trained.

I am opposed to any civilian having a weapon at any type of public site. The weapons themselves become targets for theives... And, Collateral damage is a very high risk when amateurs start pulling the trigger.

Absolutely agree!

 

Just Carl,
I guess when I hear the word "Coin Dealer" I do think of a licensed full time professional as apposed to a casual weekend person. I have seen a few of the weekenders at shows myself. I picture this as more of a local thing than at regional or major shows. I was associating my comments to the dealers who attend the bigger events. Thanks for your clarification.

 

I can understand the violation of, privacy of information, at insurance companies. But if your not going to file a claim for loss then why pay the premium for insurance? If you have borrowed money from a bank to finance your inventory and business, you are probably required to have it. And since the bank it the technical owner of it, you are required to report it's theft, especially to the bank. It's their collateral, it just can't arbitrarily disappear. If however you outright purchased your inventory, you might as well keep the insurance premium money instead. Are their any dealers who can explain their feelings on this?

 

The problem is that usually when the dealer gets robbed it's because they are doing something that negates their insurance coverage. Check your policy or with your agent and see if the coins that are "covered in transit" are covered if you walk off and just leave them in your car. You will find they aren't. In order to be covered you have to be practicing due diligence and walking awa leaving them unattended is negligence. And that is what happens with most dealer robberies They walk off and leave the coins in the car or hotel room while they go get something to eat or out for some entertainment.