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Author Topic: Atlanta Coin Show Report  (Read 932 times)
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tamo42
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« on: 2011 Feb 14, 11:27:49 am »

From my blog at honestsilver.com

I spent a bit of time yesterday morning attending the monthly Atlanta coin show in Marietta. Here a few observations:

First, the coin collecting crowd is an older crowd. I would estimate that the average age of the people there was north of 55. 

Second, the VAST majority of coins on offer were nice specimens of what we call "junk" silver. These include most of the American change minted before 1965. There were lots of quarters, dimes, halves, and silver dollars. I was surprised that even numismatic American bullion coins like the eagle were underrepresented.  

Third, and this is really the converse of the first, world coins were few and far between. I counted exactly 4 Chinese panda coins, and the prices were all ore than you could get them for on eBay. I hear this is different at the west coast coin shows. Perhaps there is more importation going on through those western ports. 

Fourth, most importantly for Honest Silver, many of the dealers were buying junk silver. This may be a good market to sell into. 

Overall, i have to say I wasn't terribly impressed. 

--from the iPad
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Neal McSpadden
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« Reply #1 on: 2011 Feb 14, 04:42:30 pm »

Thanks for the report. I have been attending a lot of shows in Central Florida area (around Orlando) for the past 2 years. The crowd is definitely older and the coins are mostly older numismatic american coins (not mainly scrap silver). Within a 150 mile radius area, it is the same old dealers with the same old coins!!! Once in a while you find the foreign coins (china, Australia, UK). During the last few months, the dealers started bringing more silver and gold bullion because that is where the market is moving to. Two dealers had 2011 pandas and they were fairly popular.
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tamo42
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« Reply #2 on: 2011 Feb 14, 04:47:26 pm »

That's interesting. The gears in my mind start spinning.

It seems like there is a geo-arbitrage opportunity here between the different members here.
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Neal McSpadden
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badon
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« Reply #3 on: 2011 Feb 14, 08:09:42 pm »

I have seen a lot of younger people at the shows. I mean people in their teens and 20's, all looking for modern coins, especially pandas. The information I have says the big coin shows are dominated by people in their 40's and 50's with everyone else, younger and older (if they're young at heart), following what they do.
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