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<p>[QUOTE="bhp3rd, post: 518830, member: 16510"]Well we had our annual 2-day show in K-Town this past weekend, lots of folks say 350 to 500 came through. There was a lot of tire kickers wow!</p><p>Even the mom and pops who usually spend only about $40 to $75 were not buying. It was sort of sad and discouraging indicating real concern for the economy. Many people were talking about this financial market as a "perfect storm" we have not even begone to see the full effects of. Now I am not one of those "buy ammunition and run out in the street" people at all, far from it but it makes a body wonder, and worry some.</p><p>People were bringing in nice stuff though like full sets and such and they were getting good money for them. Silver was being bought at 9.9% but it was not being sold very much at all. I don't even know about gold except proof 10th oz. were bringing $85 wholesale to about $95.</p><p>I thought my gem Lincoln's would go good but it was not the case, maybe next month. Paper was dead as doornail from what I saw but I really did not pay attention. People were not buying modern singles at all. To sum it up the buying and selling activity was down about 45% from last year.</p><p>I really don't know about this so called "perfect storm" people were talking about but I do know that our new president as far as I can see has done virtually nothing else but work on the economy so it must be very serious.</p><p><b>Don't at all want this to be a political thread just thought I would give you'all my observations of the coin market in K-Town 1st weekend of Feb. 2008.</b></p><p> </p><p>Ben Peters</p><p>home of "The Knoxville Coin Show"[/QUOTE]</p><p><br /></p>
[QUOTE="bhp3rd, post: 518830, member: 16510"]Well we had our annual 2-day show in K-Town this past weekend, lots of folks say 350 to 500 came through. There was a lot of tire kickers wow! Even the mom and pops who usually spend only about $40 to $75 were not buying. It was sort of sad and discouraging indicating real concern for the economy. Many people were talking about this financial market as a "perfect storm" we have not even begone to see the full effects of. Now I am not one of those "buy ammunition and run out in the street" people at all, far from it but it makes a body wonder, and worry some. People were bringing in nice stuff though like full sets and such and they were getting good money for them. Silver was being bought at 9.9% but it was not being sold very much at all. I don't even know about gold except proof 10th oz. were bringing $85 wholesale to about $95. I thought my gem Lincoln's would go good but it was not the case, maybe next month. Paper was dead as doornail from what I saw but I really did not pay attention. People were not buying modern singles at all. To sum it up the buying and selling activity was down about 45% from last year. I really don't know about this so called "perfect storm" people were talking about but I do know that our new president as far as I can see has done virtually nothing else but work on the economy so it must be very serious. [B]Don't at all want this to be a political thread just thought I would give you'all my observations of the coin market in K-Town 1st weekend of Feb. 2008.[/B] Ben Peters home of "The Knoxville Coin Show"[/QUOTE]
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