Some Elements of a Good Coin Show

1 Apr

In my opinion, a good coin show exceeds sales expectations by 5% or more.  It exceeds purchasing expectations by 5% or more.

From a dealer standpoint, being able to sell from a variety of product niches is really amazing unless you specialize, buy and sell only one thing of course.

If you are able to remain busy with product buying and selling while still being able to make a few new contacts that you really connected with, this is good too.  Down time is never good.  Some numismatic enthusiasts may at times wish for a break during a bustling bourse but you can always rest after the show is over; your window of opportunity for business is during the week or weekend of the show.  Follow ups are for after the show, makes perfect sense!

Image

Shows that have a balance of public attendance, quality dealers and knowledgeable, specialized collectors are usually pretty good.  For large trade conventions with hundreds of bourse tables, a complementing evening auction with sporadic quality coins throughout the sale can make things better too.  Too many good coins in an auction can yield interesting results, and on the contrary, a shortage of good coins in an auction can yield just as interesting of a buzz on the bourse.

Well secured loading and unloading docks are vital. From a dealer’s perspective, when I arrive to or leave from a show, I want to know that armed security is present and monitoring everything going on within the area.  It’s just necessary precaution and potential deterrent of thieves.

Being able to find coins or numismatic collectibles within your personal or company’s niches can add a positive feeling toward an individual’s outlook on the success of a show.

Some familiarity with attendees at the show can help the show to be enjoyable also.  Sociable shows are good even if some of the talk is not personal.  It is my personal opinion that many people in numismatics cannot help but send outbound marketing messages to customers or potential customers; this practice often leads to some people’s listening ears being turned off.

Time of the year and region of the show can be important.  A show scheduled around a significant holiday or during a season of bad weather could cause a problem.

Having major grading services present at large trade conventions is a great benefit to numismatists so that coins can be submitted on site for grading.

These are just a few thoughts on the elements of a coin show. Please supply me with some of your thoughts on the elements that help make a good coin show!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: