The American Numismatic Association hosted its National Money Show March 3 to 5 in Dallas, Texas.
Like many large coin shows, it provides a glimpse into the coin market.
Gary Adkins, owner of Gary Adkins Associates, Inc., Minneapolis, Minn., said collectors went after “bread and butter” coins during the show.
“These are the coins in the $300 to $5,000 range,” he said. “Better type and better date coins were good sellers.”
He said having a diverse U.S. coin inventory along with world coin and paper money attracted a variety of buyers.
“For example, we sold a 1918/17-S MS-62 Standing Liberty quarter,” he said. “We had two to three people looking for really high-grade MS-64, -65 and -66 Morgan dollars.”
He said the show overall was successful.
“We did good at this show,” Adkins said. “The people were coming to spend money. They weren’t tire kickers. The ANA did a great job putting it on and hosting exhibits.”
Harry Miller, owner of Miller’s Mint, Patchogue, N.Y., said sales at the show were better than expected.
“We sold all across the board,” he said. “Barber coins, silver dollars, U.S. gold coins both classic and modern, Liberty and Buffalo nickels. Not many copper coins, though.
“There was an emphasis on half dollars. We sold many Walking Liberty half dollars.”
Barber and Seated Liberty coinage was in demand, he said.
“Buyers were looking for scarce dates, where they were looking at all grades.,” Miller said. “Some were looking to upgrade their sets up to the very fine to about uncirculated range.”
Julian Leidman, owner of Bonanza Coins, Silver Springs, Md., said the show was about what he expected.
“A lot of wholesale buying was going on,” he said. “I met people and opened new avenues there.”
He said while collectors expressed interest in silver dollars and gold coins, sales weren’t great.
“Buyers at the show will see you have a coin,” Leidman said. “Then they compare it to another they found online. They end up purchasing it there, or else buy the coin from you online after the show.”
Gus Tiso, owner of G.R. Tiso Numismatics, Salisbury, Md., said attendance was sparse from the buying public.
“It was dealer-to-dealer sales mostly, he said. “I sold all over the place. I found material for my clients, so I was able to fulfill some orders there.”
He said he looks forward to the next National Money Show.
“Next year’s show is in Florida,” Tiso said. “That’s been a good place for a coin show.”
The 2017 ANA National Money Show runs March 9 to 11 at the Orange County Convention Center in Orlando, Fla.
This article was originally printed in Numismatic News Express.
>> Subscribe today
More Collecting Resources
• Liked this article? Read more by subscribing to Numismatic News.
• If you enjoy reading about what inspires coin designs, you'll want to check out Fascinating Facts, Mysteries & Myths about U.S. Coins.