Here's a huge southern "Welcome and we're glad you came" to all of the visitors and the dealers at the August Greater Atlanta Coin Show.
We certainly missed having the show in July (schedule conflicts), and based on comments, others missed the show too.
So, thank you - a big thank you - to all of you who came to the August show.
It was a gorgeous day to be out and about - not quite as cool, relatively speaking, as the previous week but still much cooler than some of the hot days of past August shows.
As for the end of July, well, the calendar said it was July, but the days felt like late September. The low humidity and cooler temperatures made the sunlight appear different and the skies a beautiful clear blue like early fall days.
Dealers and their numismatics and collectibles filled the August bourse, however a couple of our regular dealers missed the show. They left early heading to Chicago for the ANA's Money Show.
And, some dealers that did make the show planned to head to Chicago on Monday.
Of course, Sunday's bourse included talk of the new gold Kennedy half dollar being introduced by the US Mint at the ANA's show.
For members, the ANA planned to allow access to the bourse 30 minutes early to get in line for the new gold coins.
Learning from the long lines they experienced for the baseball coins earlier this year, the US Mint planned a line for tickets.
With a ticket, people could buy their coins when they had time and the purchase line was not too long.
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Coin Show - Monthly Notes from August 2014
Now, we call this a coin show, but it is really a numismatic show.
Numismatics - the study of money - also includes currency.
At Sunday's show, people were interested in "horse blanket" currency. They were directed to dealers with the paper money on display.
The large sized paper - thus the "horse blanket" term - was produced from 1861 to 1923 and encompasses an interesting collection of money.
These examples were just a small sampling of the displays at the August coin show. Both the visitors and the dealers presented a variety of interests in numismatics on this early August Sunday.
...fun for all...
Mark your calendar and make plans to visit the next Greater Atlanta Coin Show on Sunday, September 14, 2014 with its bourse filled with coin dealers and their displays of coins, currency, jewelry and other collectibles.
Still, though, the US Mint placed a limit on the number of coins - one coin per person and only 500 total coins would be sold per day. At a 5-day show that would equal a total of 2500 coins.
The Mint, as usual, reserved the right to change those plans as necessary.
The new Kennedy gold half dollar contains 3/4 troy ounce of gold and is currently priced at $1240.
Let's see, 2500 coins at $1240 each makes the US Mint's revenue for those coins sold at the show at $3.1 million. Not a bad ANA show for them...
More talk at Sunday's show included discussions of the 50th Anniversary Kennedy two-coin set that holds uncirculated versions of the coin from the Philadelphia and Denver mints.
The special holder with the two coins sells for $9.95 from the US Mint.
What's interesting, though, is some people are sending these coins to be slabbed by the grading services at a fee of $50 each.
Hmmmm...that makes the cost for the two coins exceed $110, especially with shipping costs added too.
Will the fascination with the Kennedy 50th Anniversary coins support a price over that cost for cupro-nickel coins? Will the market sustain that additional cost over time?
Oh, and rumor has it the grading services' highest grade is MS-69, which for uncirculated - not proof - is a high grade.
Later in the year, the US Mint will offer another Kennedy coin set commemorating the 50th anniversary of the half-dollar coin.
This special set will include four coins, one from each mint facility, struck on 90 percent silver. They currently show the price at just under $100 per set even though it is not yet available.
The West Point Mint will produce a reverse proof version. Philadelphia will strike a regular proof version while Denver will mint a regular uncirculated coin. For the fourth coin, San Francisco will process an enhanced uncirculated coin.
Back to Sunday's coin show...
The bourse included quite a few of the 1916D dimes showing Liberty with her wings and her Phrygian cap.
These dimes were low grade, however even low grade 16D dimes enjoy a nice value.
Though not market-current, the 2014 Red Book shows the range of 16D Winged Liberty (Mercury) dime values from $1000 for a G-4 up to $29,000 or an MS-65.
In addition, there were several 09S cents on the bourse. For small cents, this year was the last of the Indian Head and the first of the Lincoln one-cent coins.
The San Francisco Mint produced both types of coins with several varieties of the Lincoln cents. Depending on the type of coin and its grade, the 2014 Red Book values range from $100 to $1200.
Of course, if a small V.D.B. exists on the reverse of an 09S Lincoln cent, the range of values starts and ends much higher.
In addition to small cents, dealers on the bourse showcased extensive sets of large cents. The US Mint began production of large cents in 1793 and continued until their last strikes in 1857. The large cent enjoyed a 64-year run with only one year not being minted: 1815.
Other dealers on the bourse offered a nice variety of high-grade buffalo nickels. The US Mint used that nickel design by James Earle Fraser from 1913-1938.
But, that same iconic design can also be found on the 2001 American Buffalo Commemorative Silver Dollar coin and on the American Buffalo Gold Bullion coins.