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<p>[QUOTE="bkozak33, post: 1988451, member: 30309"]I went to a local coin show this morning and here are some observations.</p><p><br /></p><p>1. It seems dealers have not checked the spot price of silver or gold lately.</p><p><br /></p><p>2. It seems about 60% of the dealers there are just fishing for suckers. (Very high prices on common stuff.)</p><p>3. It is funny that most dealers have slabbed coins in the MS62-MS64 range and all their raw coins are self graded at MS65 and MS66. </p><p>4. How many problem 19th Century type coins are raw, but dealers are asking full retail.</p><p>5. Dealers think that just because a coin has a CAC, its worth nearly double book.</p><p>6. 97% of the coin there, were there 6 months ago.</p><p>7. I asked a dealer for the price of a common German Mark, and after 2 minutes of him fumbling around looking through a Krause catatlog to quote me, I turned my back on him and walked away. </p><p>8. The guy selling numismatic books had nobody at his table</p><p>9. I did manage to find 4 dealers that had realistic prices and were willing to work with me. </p><p>10. I overheard a lot of dealers talking trash about each other. Even one guy calling the other a thief.</p><p>11. I also noticed months ago, that a dealer had some slabbed problem coins, that were now cracked out and in his display raw.</p><p>12. Half of these guys were also at the ANA last month[/QUOTE]</p><p><br /></p>
[QUOTE="bkozak33, post: 1988451, member: 30309"]I went to a local coin show this morning and here are some observations. 1. It seems dealers have not checked the spot price of silver or gold lately. 2. It seems about 60% of the dealers there are just fishing for suckers. (Very high prices on common stuff.) 3. It is funny that most dealers have slabbed coins in the MS62-MS64 range and all their raw coins are self graded at MS65 and MS66. 4. How many problem 19th Century type coins are raw, but dealers are asking full retail. 5. Dealers think that just because a coin has a CAC, its worth nearly double book. 6. 97% of the coin there, were there 6 months ago. 7. I asked a dealer for the price of a common German Mark, and after 2 minutes of him fumbling around looking through a Krause catatlog to quote me, I turned my back on him and walked away. 8. The guy selling numismatic books had nobody at his table 9. I did manage to find 4 dealers that had realistic prices and were willing to work with me. 10. I overheard a lot of dealers talking trash about each other. Even one guy calling the other a thief. 11. I also noticed months ago, that a dealer had some slabbed problem coins, that were now cracked out and in his display raw. 12. Half of these guys were also at the ANA last month[/QUOTE]
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