Coin Show -
Monthly Notes from
2008
For each monthly coin show, the comments below highlight the
2008 coin shows. Scroll down for the coin shows'
notes in chronological order.
Monthly Coin Show - January 2008
What a show!
Atlanta's weather provided winter challenges during the week
before the show. On the Saturday sleet accumulated in the
morning then snow; and by mid afternoon, the mixture started
melting with very cold, ice-making temperatures expected that
evening and night.
Regardless of the cold and ice, the Sunday show in the new
location was great. Dealers arrived early to set-up. They
worked with each other and were all set to meet with collectors
when the show opened at 9:00.
Collectors were not deterred by the cold and windy
conditions either. Many people visited the show eager to see
the new location - ready to examine the available numismatics
to fill holes in their individual collections. Of course, some
people came to sell and trade coins and currency as well.
With the January show behind us, everyone is getting ready
for the February show on Sunday, the 10th. This next show
should be just as jam-packed with opportunities to buy, sell
and trade as the January show, if not moreso.
We all look forward to you visiting the next show. See the
location details below.
Monthly Coin Show - February 2008
Amazing - what a dramatic difference from the ice and cold
during the January show. The sun was shining, the sky was a
clear blue and the temperature was in the 60s. A gorgeous
day...
Very early Sunday morning, Bob arrived at the hotel to make
sure the space was ready for the show. Jim came early to
provide security as dealers arrived. Of course, a few dealers
were early risers as well and the remaining dealers got there
with plenty of time to open at 9:00.
The show's dealers have broad interests and displayed coins,
currency, supplies and jewelry. The dealers buy, sell and trade
with each other, but they were ready for the collectors who
also came to buy, sell and trade. Plus, people browsed for the
new and interesting selections the dealers brought for their
enjoyment.
Coin collecting and coin values have fascinating
characteristics. Not surprisingly, supply and demand play a big
role - how many are available and what are people interested in
collecting. But, have you been watching the prices of gold,
silver and platinum? They, too, impact coin collecting making
some coins viable for melting and making the prices (and value)
of other coins increase.
Visit the show to identify how the metals market is
impacting the value of your favorite collections.
Monthly Coin Show - March 2008
Question: Which is more volatile - metro Atlanta's weather
or the prices of gold and silver? Well, the answer really
depends on where you live and how invested you are in the gold
and silver markets.
Prior to and just after the March show, you could call
Atlanta "Tornado Alley of the South." Various suburbs in and
around Atlanta and the major downtown areas were hit with
damaging tornados and straight line winds. Clean up and
recovery will take time.
For the metals, gold and silver climbed to new heights in
pricing per ounce. At one point gold went over $1000 and silver
over $20. Afterwards, the prices dropped back, but they could
easily increase to new levels in the near future.
Neither the weather nor the metals adversely impacted the
March show. The dealers and show guests attended to buy, sell
and trade within their favorite interests.
Of course, if you are watching the financial news and the
economy, there are other areas of volatility as well. Real
Estate, the banking industry and the stock market are all
experiencing change. Impacts to these areas can invoke changes
in the gold, silver, platinum and numismatic interests.
Visit our next show to buy, sell and trade in this exciting
market!
Monthly Coin Show - April 2008
The April coin show enjoyed beautiful weather even if a
little more chilly and windy than other April days. Regardless,
we had lots of dealers and lots of guests attend.
Newcomers, welcome to the coin show. We are glad you came.
Frequent guests, welcome back. We appreciate you visiting the
coin show again and again. There are always deals and
information available on the bourse floor.
Have you been watching the markets? Stock and metals? These
are definitely interesting times. Depending on who you listen
to, metals - silver, gold and platinum - are one of the best
investments for the near future. Also, various experts claim
the metals will increase much more in value than they have
recently. Of course, you need to do your own research and due
diligence before making investment decisions, but these
comments certainly make coins and bullion an interesting hobby
and/or investment!
Visit our next coin show to learn and have fun. You have
many alternatives to buy, sell and trade in this exciting
market!
Monthly Coin Show - May 2008
Guests at the May show saw a beautiful spring day in Atlanta
- partly cloudy skies, frequent breezes, mid to high 70s - a
great day to be out and to visit the coin show.
In May, the coin show competed for space with other events
at the hotel including the Sports Card show and a teddy bear
show. People from the Sports Card show came over to visit the
coin show, and people from the coin show took a look at the
sports cards and memorabilia. Also, we heard some coin show
guests stopped into the teddy bear show and purchased hand made
teddy bears.
Regardless, the coin show had great attendance. The aisles
were filled with the serious and the not-quite-so-serious coin
collectors interested in seeing the coins and collections in
the various displays. Coins, metals and collections were
bought, sold, and traded.
For you Sci-Fi buffs, we also had a few Dr. Who fans stop to
look at the venue in preparation for an event they are
planning. (In my opinion, Tom Baker was the best of the
original Dr. Who actors - not sure about the recent years'
shows and actors.)
Back to coins, in addition to the people interested in the
numismatic hobby, the coin show also welcomes people who have
inherited coins or collections and are interested in learning
about what they have or are wanting to sell the coins. [Please,
do not clean the coins or break them out of protective holders
- especially proof sets and mint sets!]
We look forward to seeing you at the next show!
Monthly Coin Show - June 2008
Can you believe it? Half of the 2008 Greater Atlanta Coin
Show calendar has gone, and soon half of the year will be gone
too. Time is flying.
Okay, someone turned on Atlanta's summer furnace early. The
June 8 show had hot, very, very hot and humid weather. The day
was beautiful but oh so hot! (Did I mention it was hot?) And
for the first time this year, people were enjoying the hotel's
pool.
But for the coin show, even with the heat, we had good
attendance with dealers and guests. If you have been following
the metals markets - silver, gold and platinum, as you would
expect, the bullion sales were very activeat the show. On a
slightly different note, guests brought gold coins from the
Charlotte mint and the Dahlonega mint to show and potentially
sell to dealers on the floor.
As a numismatist or an investor, visit our next show. If you
have coins or bullion you want to sell, the coin show offers
the opportunity to talk with several different dealers in one
place. Or, if you are searching to complete your collectible
sets, there are many dealers who will help you. If you are an
investor in coins or bullion, you can research your best
options at the show as well.
Monthly Coin Show - July 2008
Thunder boomers and gully washers! The July coin show's
weather included thunderstorms off and on throughout the day.
Just outside the main doorway, you could see the turbulence in
the hotel's pool during the heavy rainfall. But, with the
drought conditions of the last couple of years, we are not
complaining!
The July coin show was great. Both dealers and guests
disregarded the weather. Dealers joined us from metro Atlanta
and other areas of Georgia, Alabama and Tennessee this month.
Plus, we had fantastic attendance. Many guests came to the coin
show to look, buy and sell making the bourse very busy for
everyone.
Have you noticed? As the stock market and economy have
difficulty, the metals start increasing in value. Precious
metals such as gold, silver and platinum can increase
dramatically. Today, those metals are trading high, and as a
result, people are liquidating their silver and gold – in some
cases for the money and in other cases to trade lower grade
bulk for higher grade long term value.
The coin show is a great place to research selling your
coins, metals or collections. Of course, the coin show is also
a great place to research the alternatives to improve your
existing collection or to invest in tangible coins and metals.
As an example, activity at Sunday’s show had transactions in
the six digits.
In a recent e-zine, the business philosopher Jim Rohn
stated, "Success is 20% skills and 80% strategy." Do you have a
strategy for the success of your coin collecting and investing?
Are you a pure collector trying to find the best coins for your
specific collections? Are you a pure investor using coins and
metals to diversify your portfolio? Or, are you a combination
collector and investor who enjoys collecting coins but is also
interested in the overall investment value of your
collections?
Visit us at our next show in August and focus on building
your skills and strategy.
On a side note, people who build computer viruses should be
strung over a fire ant hill in the hot Georgia sun. They should
have to stay there the same amount of time as it took people to
clean their computers of the virus. Oh, and anyone infected
should have the option of poking the fire ants with a stick to
stir them and make them crawl all over and bite the culprit.
Our apologies for the late posting for the July show, however a
vicious virus got around our firewall and anti-virus
software.
Monthly Coin Show - August 2008
A beautiful day! Yes, it was hot, but the humidity was much
lower than is normal for Atlanta in August.
As is normal, dealers arrived early - some very early!
Guests enjoyed their Sunday morning and arrived later than
usual. The show had a great turnout with many interactions
dealer-to-dealer and dealer-to-guest throughout the day.
Recently, there was an interesting article complaining about
the headline news of high gas prices, high food prices, real
estate woes, etc. The article was intriguing in that the
headlines were not from 2008. Instead, they were from the early
1980s. The author went on to say that many people did well in
those stressful economic times and suggested that if people
today would learn and emulate the successful investments in the
early 80s, they could enjoy similar results in 2008.
There are certainly differences between today and the early
1980s. Computers are much more widespread. The internet makes
information and opportunity available to everyone. Plus,
business is much more global today. But, even with the
differences, the similarities in the overall economic
environment make the claim fascinating and worth pursuing. How
did investments in rare coins and precious metals do in those
times? What were the most profitable businesses and
investments?
Take a look at history and visit us at our next show in
September.
Monthly Coin Show - September 2008
Well, Hurricane Ike's wind and rain missed us. The morning
started off overcast - maybe some outlying bands of the
hurricane - and the afternoon was sunny and warm with temps in
the 80s. Though warm, the humidity was not overwhelming, and if
you've noticed, the sunlight is noticeably changing. The light
is not as bright, and the angle is different. Fall is just
around the corner.
Ike may have passed us by, but the increased gas prices did
not. Did you note when they increased? The price per gallon
started going up significantly before Hurricane Ike hit
landfall in Texas and before any refinery or supply damage (or
lack thereof) was known.
Our dealers and public are great, though. They all thumbed
their noses at the gas prices and came to the show anyway.
Thank you all! We had lots of dealers, lots of guests and lots
of deals. The dealers arrived early - they always do. The
guests waited awhile. Attendance was slow in the morning, but
people started crowding in around 11:00.
There were deals left and right with coins, currency and
metals. Dealers were dealing with each other and working with
guests. As you can imagine, coin shows enable dealers to both
buy and sell. At the end of the day, some dealers commented
that they sold more than they bought.
Depending on the market that can be good or that can be bad.
Plus, good or bad depends on your own viewpoint. In general,
you can't sell what you don't buy; but you don't want to sell
at a loss either. The quandary of a volatile marketplace. Coin
values are tied to supply and demand, condition of the coins,
the stock market and the metals market and can vary with minor
or major changes in any of those characteristics.
This weekend, the stock market news was a shock and caused
one of recent years' biggest drops in the overall market by
Monday's closing bell. One of the largest traders, Lehman
Brothers, filed bankruptcy. Another, Merrill Lynch, is being
bought by Bank of America. And, AIG, one of the largest
companies in the world is restructuring. This is after Fannie
Mae and Freddie Mac were taken over by the government because
of all their investment and lending problems.
In an odd way, this reminds me of the old comedy routine of
"Who's on first" and "What's on second." Or maybe the child's
game of musical chairs is more appropriate. Which financial
institutions are going to still be playing when the music (poor
money management and lax lending practices) stops?
Back to coins... The coin and metals markets are certainly
impacted by what happens in the stock markets around the world.
Of course, the stock markets around the world are impacted by
what happens in New York. And what happens in New York is
impacted by what's happening with the financial companies on
Wall Street.
Interestingly, the coin and metals prices do not seem to be
quite following the same patterns as from past stock market
fluctuations. But, no worries. That just means you need to do
more due diligence and more research to make sure you are up to
date on today's market and trends. If you are a collector
upgrading or filling in your collection, you will still want to
research to make sure you focus on the best areas of your coin
interests within the current market.
Take a look at historical behavior patterns of stock markets
and coin values, then take a look at today's market and visit
us at our next show in October to do more hands-on research
with people who work with the changing coin market every day.
See you there!
Monthly Coin Show - October 2008
What a beautiful day in Atlanta! The morning was cool, in
the 40s, but the afternoon warmed into the mid to high 60s. The
clear blue sky and the fall sunlight made the day gorgeous for
all those who ventured outside.
Perhaps the cool morning kept our guests home a little
longer, but by late morning we had a full bourse floor with
people moving from dealer to dealer. But, as usual, our dealers
arrived early, and with the floor full of dealers, they worked
with each other then with guests when they arrived.
If you remember for the September show, the gas prices were
rising rapidly. Shortly after, the gas in Atlanta became
scarce. At one point, we drove by every gas station in our
immediate area, and none had gas. Luckily, through conservation
and not driving needlessly (except looking for gas) , we did
not run out of gas in our vehicles.
Also since the September show, the news has jumped from
crisis to major story to crisis over the last few weeks.
Between political stories, financial companies with
difficulties and the economic woes for everyone else, the world
- not just the US - experienced and continues to encounter
strange times.
In the game of financial musical chairs, the music (poor
money management and lax lending practices) hasn't stopped yet,
and we don't know who will remain to find a chair. As an
individual, the best you can do is continue to educate yourself
and don't panic.
At the show, there were a lot of people - more buyers than
sellers - dealing in gold and silver. If you look at history,
the precious metals do well in tough economic times. But, for
your own situation, perform your own research and decide on the
best investment vehicle for you.
By our next show, we will have a new president-elect and the
financial situation will continue to change. Everyone will be
tightening their belts and determining how to weather the
economic storm.
Look at history and consider the different characteristics
today. Keep informed and research your areas of interest. Then,
visit the next show in November to buy, sell and trade within
your specific interests.
Paraphrasing from Rudyard Kipling's IF, "keep your head when
all about you are losing theirs..."
We'll see you at the next show!
Monthly Coin Show - November 2008
What another beautiful day in Atlanta! Early in the week we
had temperatures in the mid to upper 70s, but we had rain on
Friday, not much, to clear and cool the air. Sunday was a cool,
clear day with blue skies to contrast with the bright yellow,
orange and red of the autumn leaves. Some of the trees' leaves
almost hurt your eyes with their intense yellow color.
November's show was full of dealers. Plus, many guests
visited the bourse looking for collectibles and investments.
However, attendance was down slightly from earlier shows due to
the financial situations - personal and business.
Have you been keeping informed with the domestic and global
news - especially that of the financial markets and the
businesses that are having difficulty staying solvent?
These acronyms come to mind. Many of you know them from a
military perspective, but they sure seem appropriate to apply
to today's economy:
SNAFU - Situation
Normal All Fouled-Up
TARFU - Things Are
Really Fouled Up
FUBAR - Fouled Up Beyond
All Recognition
(Yes, there is a more crude word for the "F;" however this
is a friendly site.)
Perhaps TARFU is the most applicable to our current economy.
But, the best way to get through a TARFU situation is to go
forward one step at a time making decisions with the best
information you can obtain.
History is a great teacher and can help you determine the
best course of action. In many cases coin collectors and
investors are students of history and enjoy many historical
items and articles. But, as you study history and current
events, remember to take into consideration the big differences
in today's world and the challenges that history did not have.
A couple of examples are globalization of the markets and
instant information, both true and false.
Here's another suggestion, don't get so mired in the
difficulties of the day, either personal issues or the greater
national and global concerns, that you sabotage your
livelihood. To that end, we are all in sales. Either we are
selling goods or we are selling our services to customers or
our employers. In either case, if we cannot sell then we cannot
earn.
In his book, Shut
Up, Stop Whining and Get a Life, Larry Winget notes the
#1 business lesson as, "Do what you say you are going to do,
when you said you were going to do it, in the way you said you
were going to do it."
Basically, you want to become the best resource for your
customers or your employer such that you are their first choice
in satisfying their need. Finding the need and supplying the
solution is a good way to keep earning money.
In closing, Thomas Edison had a great observation,
"Opportunity is missed by most people because it is dressed in
overalls and looks like work." May you continue to find your
opportunities whatever they may be.
Visit us and all of the dealers at the next show in
December!
Monthly Coin Show - December 2008
The December Show was great! We had a full house of dealers
and many public guests visited to buy, sell, trade and maybe
just browse.
Thank you all - dealers and public. The Greater Atlanta Coin
Show had a great 2008, and we appreciate you attending the
shows each month.
We hope everyone had a wonderful and safe holiday season and
hope that each of you will have a rewarding New Year in
2009!
We look forward to seeing you at the January show. Come
early to visit the show, to see what everyone has available,
and perhaps more importantly, to hear what everyone is saying
about the coin and metals markets!
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