Sunday, October 4, 2020

Denver Coin Expo - October 3, 2020

I went back to the Denver Coin Expo with the kids and we had a really nice time.  We stopped by several dealers and discussed silver bullion, civil war tokens (Union), and picked up some collecting supplies.  We needed penny 2x2 holders.

The girls picked up a really cool silver round with a Sea Turtle on it.  I looked at a couple of dimes, but nothing I was in a position to purchase.  I saw the coins I traded back in the dealers case at:

1824 50c PCGS XF40 (sold for $115, offered for $140) paid $170
1825 50c PCGS XF40 (sold for $160, offered for $180) paid $180
1827 50c NGC XF45 (sold for $160, offered for $190) paid $245
1827 50c ANACS VF 35 (sold for $65, offered for $88) paid $80

So despite my misgivings, I really was offered a fair price and Pralico coins had some room to make some money on the coins or discount them 10% an be OK.  Different series do go up and down in price and I certainly do not have the best eye for value, but I do enjoy collecting and am willing to take a loss on purchases.  I would rather make a profit, but am certainly more collector than investor.  $175 loss of four coins over 10 years certainly sucks, but is not the end of the world.

I also grabbed a copy of Colorado Merchant Trade Tokens for $20 and trade for a numismatic book I got free and was so obscure that I did not even record the title.

All in all a very fun day.

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