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Trip to Westchester, NY Coin Show Recap
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<p>[QUOTE="John Anthony, post: 2127836, member: 42773"]Incidentally, your show report reminds me of the experience I've had at small shows when it comes to ancient coins. At the last Red Rose show, there was a guy who had four trays of ancients with a very nice variety, but they were all common and in low grades - some corroded and over-cleaned and otherwise unacceptable. AND they were marked up 4 or 5 times their market value.</p><p><br /></p><p>Another dealer had one coin, a lifetime bronze issue of Alexander III, which was a beautiful coin in XF, but he was asking $280 for it, and refused to go below $200. I tried to explain to him that that was still twice the market value, but he gave me a "lecture" on the difference between posthumous and lifetime issues, and then told me, "You can't expect to get a coin this old and nice for $100." So either he was trying to swindle someone who he presumed knew nothing of ancients, or overpaid for the thing himself. Regardless, I gave up and found some nice Hard Times Tokens at a decent discount. Fortunately, if I come up empty-handed where ancients are concerned, I do have some modern collecting interests.[/QUOTE]</p><p><br /></p>
[QUOTE="John Anthony, post: 2127836, member: 42773"]Incidentally, your show report reminds me of the experience I've had at small shows when it comes to ancient coins. At the last Red Rose show, there was a guy who had four trays of ancients with a very nice variety, but they were all common and in low grades - some corroded and over-cleaned and otherwise unacceptable. AND they were marked up 4 or 5 times their market value. Another dealer had one coin, a lifetime bronze issue of Alexander III, which was a beautiful coin in XF, but he was asking $280 for it, and refused to go below $200. I tried to explain to him that that was still twice the market value, but he gave me a "lecture" on the difference between posthumous and lifetime issues, and then told me, "You can't expect to get a coin this old and nice for $100." So either he was trying to swindle someone who he presumed knew nothing of ancients, or overpaid for the thing himself. Regardless, I gave up and found some nice Hard Times Tokens at a decent discount. Fortunately, if I come up empty-handed where ancients are concerned, I do have some modern collecting interests.[/QUOTE]
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