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Baltimore Show Report

June 22, 2010 Bill's Blog

The second of Whitman’s three Baltimore shows is history. Even though the bourse floor was packed from Thursday through early Saturday, one couldn’t help but notice that the show was smaller than usual. The newer, expanded hall C, was not utilized this past week, as is the tradition for the “summer” show. This doesn’t constitute a turn down in the market, but rather a reflection of the fact that many dealers scale back their show schedule during the summer months. Also, the annual “Paper Money Show” was held the same weekend in Memphis. And as expected, most of the usual “rag pickers” made the pilgrimage to Tennessee.baltimorejune

Baltimore has become the show to attend on the east coast. The team Whitman has put together is nothing but spectacular. They think of everything. And do it with efficiency unparalleled in any service industry. Baltimore, Philadelphia, and Nashville, They’ve got it covered. Many a show promoter could learn a thing or two from Whitman. My kudos go out to them.

So what was going on in the convention center? Quite a bit! Stack’s had a sale just prior to the opening bell, as well as Bowers and Merena conducting the “official” auction during the show. Both PCGS and NGC had staff there to accommodate dealer “on site” grading, in addition to fielding questions from the public while assisting them with their own submissions. While we only submitted to PCGS, from what we heard on the floor, along with our own observations, it appears that both services are continuing their stance of “no tolerance” while grading. If a coin appears to have been altered, – NO GRADE. Tired coins aren’t getting the benefit of the doubt. Only truly “fresh” coins are being rewarded; as they should be.

One of the most frequently asked questions we get is: So what was selling? In a word, everything; let me explain. Many dealers have a business model that allows collectors to visit a website, point, click, and buy. There is no doubt in my mind that many collectors like to buy coins this way. They don’t have to talk to anyone and can do their shopping at their own pace, on their own time frame. Unfortunately the collector does not get the benefit of a dealers years of experience, or lack there of. That being said, many of our sales were to other dealers.

On the other hand, we find that most of our customers, those with specific want lists, prefer to deal face to face. They like to look at the piece in question, get that ever important “first impression”, and ask questions. Then they pull the trigger. And as I’ve said before, most of these “retail” sales had to have something special going for it. Exceptional eye appeal, wild color, or blazing luster, they got to have it.

Specifics? Gold and silver commems. Gem (MS 65 and above) gold and silver type coins. Proof and mint state examples alike. Proof three cent nickels (?) and…ready…Three cent silver pieces were in demand. (About time in my opinion) Both of these series have been overlooked for too long and represent a challenging, yet possible, task.

So there you have it. Our next venue will be there annual show in Colorado Springs held the weekend of the 4th of July, in between the first and second sessions of “Summer Seminar”. Then it will be a week long session of looking at coins and learning. How cool is that?

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Notes on Our Next Show

Central States Numismatic Society

April 22-25, 2015
Schaumburg Convention Center
Schaumburg, IL

If you have items to SELL please stop by our table and we will be happy to discuss purchasing them

We will also have many items with us for you to view. If you are looking for anything in particular, or have an interest in anything on our website, please email or give us a call, prior to the show and we will make sure we bring this item for you to view.

Thank you and we look forward to meeting you.

Show Schedule

Central States Numismatic Society
April 22-25, 2015
Schaumburg Convention Center
Schaumburg, IL

GSNA Convention
May 14-16, 2015
Ukrainian Cultural Center
Somerset, NJ

Colorado Springs Coin Show
June 25-28, 2015
Freedom Financial Services Expo Center
Colorado Springs, CO

Whitman Coin Expo
July 16-19, 2015
Baltimore Convention Center
Baltimore, MD

Missouri Numismatic Society 55th Annual Coin Show
July 23-25, 2015
The Saint Charles Convention Center
Saint Charles, MO

American Numismatic Association World's Fair of Money
August 11-15, 2015
Donald E. Stephens Convention Center
Rosemont, IL

Whitman Coin Expo
November 5-8, 2015
Baltimore Convention Center
Baltimore, MD

The 59th Houston Money Show
December 3-5, 2015
Geo. R. Brown Convention Center
Houston, TX