Business at the the 28th Annual MidAmerica Coin Expo could be good as gold.
“It will depend on the bullion market,” said William Burd of the Chicago Coin Company.
His company will be among the 150 booths at the show held June 25-28 at the Schaumburg Renaissance Hotel and Convention Center, Schaumburg, Ill.
“If gold and silver prices stay up, dealers will do more dealing,” Burd said.
Dealers from 26 different states will participate, featuring a variety of numismatic offerings from ancient Greek and Roman coins to U.S. copper, gold and silver coins, along with world coins, tokens, medals and paper money.
“MidAmerica always seems to be a good midsize collector show,” said Robert Higgins of Certified Assets Management, Inc., Wilmington, Del. “We go with expectations of doing levelheaded business.”
Business, he said, has picked up of late.
“The market is much improved,” Higgins said. “The (May 28-30) Long Beach show was much better than the one in February.”
Julian Leidman, a rare coins dealer in Silver Springs, Md, expects good business.
“In light of the economy, you will see a lot of serious collectors,” he said.
The New York City firm, Stack’s, will conduct an auction of approximately 1,200 lots June 25 in conjunction with the show. They include U.S. coins and counterfeit Spanish colonial coins from the Michael K. Ringo collection.
Heritage, of Dallas, which will hold an auction July 11-13 at the Summer Florida United Numismatists Convention, will have a five-booth array to conduct an advance auction lot viewing for their Florida sale.
“We are especially excited to have both these respected auction houses participating in our show,” said Convention Chairman Kevin Foley.”
The Chicago Coin Club will have a booth with information available to locals who might be interested in joining.
The Early America Coppers Club will host Tom Reynolds at noon Saturday speaking about 1798 large cents. The Chicago Coin Club will also have an educational program at 1 p.m. Saturday.
The Central States Numismatic Society will have a booth at MidAmerica as well. It will include information about the organization and its 72nd Anniversary Convention in Milwaukee at the Midwest Airlines Center April 28-May 1, 2010.
The MidAmerica Coin Expo is sponsored by Krause Publications, the world’s largest publisher of hobby related books and periodicals, including Numismatic News.
“I hope the Chicago area turns out,” Leidman said. “There will be over 100 dealers there, so it’s a great opportunity for anyone who wants to do business. Anyone within a day’s drive should consider coming.”