Saturday, May 8, 2021

Denver Coin Expo - Spring 2021

Diya and I had a chance to return to the Denver Coin Expo on Saturday.  We had a short agenda to sell some items for my Mom, Diya was looking for a Roman coin and I was looking for dimes and half dimes.  The show was going full swing with between 50 and 60 dealer tables.  Most of the bourse was busy and most of the dealers indicated that dealer to dealer traffic was up compared to previous years.

I showed my Mom's currency to a dealer who took them off my hands for $18, which was below the exchange rate, but more than I could get for them anywhere.  I held onto to Euros, but let the Canadian Dollars and Mexican Pesos go.  There were only two dealers with world currency and I made a deal with the first dealer.

There were three dealers who had ancient coins.  Mike Bezayiff Numismatics (from Portland, OR) had a very nice selection with (4) coins under $100 in addition to his higher end stuff.  Economopoulos Numismatics (from Holicong, PA) had some interesting coins including a hoard of 100 coins that he was willing to sell for $100.  There was another She purchased a nice coin from Artful Investments (from Broomfield, CO) for here retiring Latin teacher, Mr. Habel.  I fronted her the $40 and she is going to solicit contributions from her classmates.

I only talked to Jason Flowers who had some new half dimes.  There were four that I was interested in.  I wish I would have taken better notes.  One had some nice toning, but was not exactly what I was looking for.  One coin was a duplicate.  A third coin was an R-5 which was apparently at one time the finest known.  Now there are two additional examples.  The final coin was an 1831 LM-6 that I purchased for part cash and part trade of (2) 50c and (1) mercury dime.

All in all it was a fun to get out to a coin show.  It has been quite a while.  Although I really do not feel like I have disposable income at the time.  

I did find a really nice purchase. In the spirit of minimalizing, I removed 3 coins from my collection and added 1.  I purchased the (2) 50c for $295 and accepted $236 in trade.  I cannot remember what the purchase price of the mercury dime was, but I figured the sell price was $14.  That is a total of $250 for the (3) coins.  I would say I took a 20% haircut which is typical for thinly traded series and in line with the buyers premium if I were purchasing from the major auction houses.

No comments:

Post a Comment