People brought bullion to sell. In particular, some large foreign bullion in five ounces, ten ounces and kilogram sizes arrived on the bourse. Since we normally think in the ounces on our bathroom or kitchen scales, that kilogram weighed over 35 avoirdupois ounces. But, precious metals' are weighed in troy ounces which this kilogram would be just over 32 troy ounces.
On a different note, here's a "Happy Birthday" to Alex who spent part of her 18th birthday at the coin show on Sunday. For those of you in the metro Atlanta area, she will be sharing information at the next Metro Coin Club of Atlanta meeting on July 18 about plaster casting. She attended the most recent ANA where Mint designers presented seminars about using clay and plaster casting in developing coin designs. Click here: Metro Coin Club of Atlanta to go to their web site to learn more about the club and their meeting location.
Back to coins, a very nice, key date, 1901s Barber quarter was on display on the bourse. In addition to the grading company's certified holder and information, a green CAC sticker showed on the coin's holder. From the CAC web site, "The CAC GREEN Label signifies that a coin has met Certified Acceptance Corporation's stringent grading standards."
In other words, the 1901s Barber quarter was a very nice example of the year and type. By the way, the 2011 Red Book's range of values shows $5,600 for that coin in a Good condition and $46,000 for a MS-63. In addition, they note a coin graded MS-68 sold at auction in 1990 for $550,000. That coin is definitely a key date coin!
As for the hotel's renovation project, the crews are working on the front desk area in addition to the restrooms near the pool. Will they be finished before the next show? We're not sure, but the ballroom hosting the coin show's bourse is easily accessible with a few minor inconveniences if you enter via the front.
Mark your calendar and join us at the next monthly Greater Atlanta Coin Show on Sunday, August 8, 2010.
Sunday was a beautiful, sunny and hot day for the Atlanta area. The early daylight hours started at 73 degrees with a humidity of 88%. At the end of the show, the temperature had climbed to 95 degrees, but with the help of some light winds, the humidity dropped to 40%.
Neither the heat nor the humidity kept the dealers and guests away. We had a great crowd during the day. People on the bourse looked, bought, sold and traded in their specific interests of coins, currency or bullion.
Once again, many guests looked for gold and silver. One dealer brought twelve ounces of gold along with his other coin interests. His first customer of the day bought all twelve pieces. The dealer went to another dealer on the bourse and bought four more pieces of gold. He sold those too before he returned to his table.
Many of our dealers buy and sell coins and currency along with some bullion. This month the bourse had two dealers who primarily buy and sell bullion - gold and silver. Both were very busy entertaining buyers and sellers throughout the day.
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Coin Show - Monthly Notes from July 2010