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Wednesday - 8/17/22 - ANA show report
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<p>[QUOTE="ddddd, post: 8476886, member: 22377"]The quick recap: show good; items bought and sold; coins submitted to PCGS/NGC <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /></p><p><br /></p><p>For those wanting a little more detail, read further. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>~Arriving a little after the 10 AM open, I was glad to see the check-in line was small (unlike Central States where it was spiraling through the building-although that was partially based on some glitch where they could not check people in)….there were plenty of people on the bourse, so the short line was not an indication of low attendance</p><p>~My first stop was the PCGS table to submit several coins; again I was pleased to see no line-only a few people sitting at chairs already being helped (at Central States there was a fairly long one around the same time). In this case I’m not sure if less people were submitting coins or if the volume was just more spread out over the course of yesterday, today, and the next several days. The reps at PCGS were helpful and the process was a breeze.</p><p>~Next up was the NGC table; they have a decent show grading special that is $30 per coin (for any US non-gold valued up to $300) and there is no minimum. The non-show price is $23 but when you add shipping both ways, the show price is very favorable. So I took advantage of that to submit two coins. There was no line here either and the process was as smooth as the PCGS sub.</p><p>~With grading out of the way, I perused the floor, looking for anything that might catch my eye (toners, world, old slabs). As is often the case, a lot of tables had common date Morgans in quantity. There was plenty of other material (currency, ancients, world-German, Latin American, etc) to satisfy all sorts of collectors. Several world mints were there too (US Mint, Canadian Mint, Holy Land-Israel).</p><p>~An interesting thing that I noticed was that there weren’t as many older holders as I’ve seen before. The rattler craze seems to have strong momentum and dealer inventories were low. The ones that had a rattler or two priced them strongly (I saw some common date Morgan rattlers in 63/64 priced at 65+ pricing-I’d say about $50-$75 over what they bring in auctions).</p><p>~Someone on here mentioned seeing a lot of AT coins. I wanted to check for myself and I’d say that was a bit of an exaggeration. There was one table that had around 10 moderns that I thought were questionable (mix of all the top TPGs plus some lower tier slabbers). Otherwise, the majority looked market acceptable (including plenty of Morgans that had typical bag or album toning).</p><p>~The bourse is large and it is a challenge to see everything in one day; I made a full tour but am sure I missed some tables as there was just too much to see</p><p>~Dan Carr collectors-from what I saw, the pickings were slim. There was one dealer that had a handful (I recall a few Carr Barber Halfs) and another that had a Carr Gold Mexican Caballito. That was it. Of course I could have missed some that sold or were tucked in a corner of a table.</p><p>~People were buying and selling. I saw plenty of deals done, checks written, cash exchanged. I did not notice much bullion activity. Several dealers that specialized in bullion were there and I’m sure some sales were happening-I just didn’t notice much during my visit.</p><p>~I always go to these shows with at least a few things to sell (to move items that no longer fit my collection and to finance any purchase). This time I only had four items (didn’t have much else that I wanted to part with yet). One Morgan sold fairly quickly but the other three coins didn’t find buyers. Two were world (one esoteric while the other a bit more popular-but still not something that is as easy to sell as a Morgan) and one was a different toned Morgan. The Morgan that did not sell received some positive commentary-a few dealers suggested sending it to auction (they felt it could reach my ask or even higher but didn’t want to take the risk themselves-fair enough).</p><p>~On the buy side, I found a few coins that I liked. One toned Morgan I considered but ended up walking away (price was about right but I decided it just did not have enough “pop” for my liking). Another Morgan did come home with me. The picture will be posted below. I had two more buys-both world. One is a modern that was priced right (I already had one but this one was less-I’ll end up selling one of them and hopefully averaging down my overall cost, so no photo here) and the other was a toned Russian Rouble (picture below). You don’t see these toned too often; I liked the look and the price was fair.</p><p>~Overall it was a good day-any day spent with coins is a good one!</p><p><br /></p><p><img src="https://us.v-cdn.net/6027503/uploads/editor/r2/e231ebb0ox0d.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="https://us.v-cdn.net/6027503/uploads/editor/ma/lbmkvodny23k.jpeg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="https://us.v-cdn.net/6027503/uploads/editor/1i/59wd79cgb6cj.jpeg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 8476886, member: 22377"]The quick recap: show good; items bought and sold; coins submitted to PCGS/NGC :p For those wanting a little more detail, read further. :) ~Arriving a little after the 10 AM open, I was glad to see the check-in line was small (unlike Central States where it was spiraling through the building-although that was partially based on some glitch where they could not check people in)….there were plenty of people on the bourse, so the short line was not an indication of low attendance ~My first stop was the PCGS table to submit several coins; again I was pleased to see no line-only a few people sitting at chairs already being helped (at Central States there was a fairly long one around the same time). In this case I’m not sure if less people were submitting coins or if the volume was just more spread out over the course of yesterday, today, and the next several days. The reps at PCGS were helpful and the process was a breeze. ~Next up was the NGC table; they have a decent show grading special that is $30 per coin (for any US non-gold valued up to $300) and there is no minimum. The non-show price is $23 but when you add shipping both ways, the show price is very favorable. So I took advantage of that to submit two coins. There was no line here either and the process was as smooth as the PCGS sub. ~With grading out of the way, I perused the floor, looking for anything that might catch my eye (toners, world, old slabs). As is often the case, a lot of tables had common date Morgans in quantity. There was plenty of other material (currency, ancients, world-German, Latin American, etc) to satisfy all sorts of collectors. Several world mints were there too (US Mint, Canadian Mint, Holy Land-Israel). ~An interesting thing that I noticed was that there weren’t as many older holders as I’ve seen before. The rattler craze seems to have strong momentum and dealer inventories were low. The ones that had a rattler or two priced them strongly (I saw some common date Morgan rattlers in 63/64 priced at 65+ pricing-I’d say about $50-$75 over what they bring in auctions). ~Someone on here mentioned seeing a lot of AT coins. I wanted to check for myself and I’d say that was a bit of an exaggeration. There was one table that had around 10 moderns that I thought were questionable (mix of all the top TPGs plus some lower tier slabbers). Otherwise, the majority looked market acceptable (including plenty of Morgans that had typical bag or album toning). ~The bourse is large and it is a challenge to see everything in one day; I made a full tour but am sure I missed some tables as there was just too much to see ~Dan Carr collectors-from what I saw, the pickings were slim. There was one dealer that had a handful (I recall a few Carr Barber Halfs) and another that had a Carr Gold Mexican Caballito. That was it. Of course I could have missed some that sold or were tucked in a corner of a table. ~People were buying and selling. I saw plenty of deals done, checks written, cash exchanged. I did not notice much bullion activity. Several dealers that specialized in bullion were there and I’m sure some sales were happening-I just didn’t notice much during my visit. ~I always go to these shows with at least a few things to sell (to move items that no longer fit my collection and to finance any purchase). This time I only had four items (didn’t have much else that I wanted to part with yet). One Morgan sold fairly quickly but the other three coins didn’t find buyers. Two were world (one esoteric while the other a bit more popular-but still not something that is as easy to sell as a Morgan) and one was a different toned Morgan. The Morgan that did not sell received some positive commentary-a few dealers suggested sending it to auction (they felt it could reach my ask or even higher but didn’t want to take the risk themselves-fair enough). ~On the buy side, I found a few coins that I liked. One toned Morgan I considered but ended up walking away (price was about right but I decided it just did not have enough “pop” for my liking). Another Morgan did come home with me. The picture will be posted below. I had two more buys-both world. One is a modern that was priced right (I already had one but this one was less-I’ll end up selling one of them and hopefully averaging down my overall cost, so no photo here) and the other was a toned Russian Rouble (picture below). You don’t see these toned too often; I liked the look and the price was fair. ~Overall it was a good day-any day spent with coins is a good one! [IMG]https://us.v-cdn.net/6027503/uploads/editor/r2/e231ebb0ox0d.jpg[/IMG] [IMG]https://us.v-cdn.net/6027503/uploads/editor/ma/lbmkvodny23k.jpeg[/IMG] [IMG]https://us.v-cdn.net/6027503/uploads/editor/1i/59wd79cgb6cj.jpeg[/IMG][/QUOTE]
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Wednesday - 8/17/22 - ANA show report
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