Jack’s Pittsburgh American Numismatic Association Coin Show Report

I love coin shows because I never know what I will find.  Last Thursday was no different. I arrived at the Pittsburgh Convention Center and hit the ground running. Within minutes I ran into an old friend who had a really cool group of 1882 Morgan Dollars.  All were certified at different levels of Mint State but had obviously been stored together forever.  They all had the exact same beautiful original toning.  He admitted to me that they had been in old paper envelopes and were purchased from a small local auction house in Long Island, NY.  All were lovely and graded between MS62 and MS65. There was no passing on this deal.

After perusing the floor for several hours and finding a few more goodies it was off to dinner with some coin dealer friends. It was at dinner this evening that I was offered the single most unusual item of my entire career, although not quite numismatic. As I enjoyed my appetizer and Belgian brown ale the offer came… “You wanna sell a dinosaur?” Well not quite art or coins but a pretty cool offer. I politely said I would talk to Barry, but didn’t really think it was for us.

On the way back to my hotel I passed this bar, and although I didn’t have time to stop for a night cap, I couldn’t miss the photo opportunity.

Friday was another whirlwind day. I scoured the floor looking for anything unusual.  I landed in front of the table of a good friend from New Jersey.  We discussed the coin market in general and more specifically Chinese coins after seeing an attractive silver dollar sized Chinese coin in his case.  He noted that he purposefully made sure to have one Chinese coin to make sure everyone looked in his case.  The Chinese market has been super hot over the last year or so.  There is one coin called the “Auto Dollar” which I have always wanted.  This is a coin that sold for $1,500- $3,000 in Uncirculated condition 2-3 years ago. I was kicking myself a few months back when I saw an About Uncirculated example sell in auction for $74,000.  Holy cow, what a crazy increase in value!  I guess that’s what happens when a billion people decide they want to collect coins.

I hoofed the floor a bit more looking for a few hidden gems, but it was tough. I tried hard to buy anything with nice toning, but everything was priced 5 to 10 times more than I was willing to pay. The only Redfield Dollar I found was one that I had basically bought a week earlier. A friend bought it in a deal and agreed to sell it to me when we met in Pittsburgh.  I did get a lead on some colonial currency, but we’ll see what happens.  I love this historical type of material.  I snooped around for a while more but didn’t find anything too intriguing.

Then it was off to the auction to try to buy something super special. I sat in the room which was not nearly as crowded as I had anticipated. This was good- less competition.  I anxiously anticipated the lot and my heart was pounding as it approached.  After a brief flurry of bidding the coin was ours.  Art and Coin Television were the owners of something unique and truly special.  Unfortunately I am not at liberty to divulge what exactly we bought, but it is an unbelievable, mind blowing coin.  I have seen a lot in my day including several million dollar rarities, but I don’t think I’ve ever seen a coin quite like this.  I’m sure Barry will clue everyone in soon, so keep tuning in.

After the auction I ran around and found a few more nice deals for both television and for the website.  Later it was back to view more auction lots.  This is actually more work than one would expect.  There are always a lot of what I call “trap” lots.  These are coins that might seem nice at first glance but have some hidden problem. I looked at as many coins as humanly possible for about 3 hours until I was told that the viewing period was over and I had to leave.  I somehow timed this perfectly and saw every coin I was interested in (about 400).

This photo was actually taken during set up, so the room is pretty empty.

I ran back to my hotel to review my notes and figure my bids.  This is way trickier than it sounds.  I want buy things, but I don’t want to over pay.  The problem with auctions is that most people get caught up in the moment and pay way too much for coins. I don’t. I eventually was able to get all of my bids together and faxed over to the auction house since I would be on a plane during the next morning’s session. At long last it was time for bed.

I won’t bore you with all of the details of Saturday but I will give a brief synopsis. Wake up early, taxi, plane, another airplane, car.  About ten hours later I was home.  With some time left to spend with my family and even catch much of the Saturday night Coin Show with surprise guest Shawn Leflar.  Great show Shawn!

Well, hopefully you enjoyed my first show report.  I hope it was entertaining and gives you a glimpse of what it is like to search out those hidden gems that Barry is able to offer.  It’s not easy finding amazing quality coins at the best possible price, but I love doing it.

Check back next week and I’ll give you a brief history of all of the US mints. Thanks for reading.

You can contact Jack at jack@artandcointv.com

  

You Might Also Like...
Interior in Paddington 1951; Oil on canvas, 152.4 x 114.3 cm; Walker Art Gallery, Liverpool
"Lucian Freud, whose stark and revealing paintings of friends and intimates, splayed nude in his studio, recast the art of portraiture and offered a new approach to figurative art, died ...
READ MORE
Cobalt, Orange, Carnation - Lidded Vase - Original Handmade Glass by Wes Hunting
Tune in this Thursday, February 9th, at 8pm EST / 5pm PST for a night of stunning originals from Wes Hunting, American Glass Master. Don't miss an exciting selection of dazzling ...
READ MORE
A man walks past a rare pair of gold screens by Chinese artist Qi Baishi, during a Sotheby's auction previewed for the press, in Hong Kong. The work is estimated at US$1.9 to 2.6 million and will be auctioned as part of Sotheby's spring sale on April 3. AP Photo/Vincent Yu.
Sotheby’s Hong Kong will hold its Fine Chinese Paintings Spring Sale 2012 on 3 April at the Hong Kong Convention and Exhibition Centre. The auction will feature over 3 over ...
READ MORE
Leona Ryan, from Norfolk England, explores the 'aMAZEme' installation, a maze constructed of 250,000 books by Brazilian artists Marcos Saboya and Gualter Pupo, at the Royal Festival Hall, on the southbank, in central London. AP Photo/Dominic Lipinski/PA.
A vast labyrinth of 250,000 books, entitled aMAZEme, has been installed on The Clore Ballroom in the Royal Festival Hall between 31 July – 25 August, as part of Southbank ...
READ MORE
The Eilenberg Buddha. Copper alloy, Thailand, Mon Dvaravati period, circa 8th century. Estimate: US$ 250,000 - 350,000. Photo: Bonhams.
Following the tremendous success of the spring auction, where world records were established in multiple categories of Indian painting, Bonhams will present another important group of paintings in the September ...
READ MORE
Paintings from Mark Rothko's Seagram mural commission hang at Lodon's Tate Modern in 2000. One of them was vandalized at the museum on Sunday. (Graham Barclay/For the Times / October 7, 2012)
A man who claims to have defaced a major painting by Mark Rothko over the weekend in London said on Monday that Marcel Duchamp, the French artist most famous for ...
READ MORE
“Portrait of a Young Man With a Book,” by the 16th-century artist Agnolo Bronzino, will be for sale at Christie’s on Jan. 30. Photo: Christie’s Images
“Portrait of a Young Man With a Book,” by the 16th-century artist Agnolo Bronzino, is expected to bring $12 million to $18 million at auction next month. Agnolo Bronzino was the ...
READ MORE
Car collector, Charles Shubb, 72, from Los Angeles, who owns several cars featured in the "Gangster Squad" film, poses with a 1941 Plymouth Special Deluxe, part of his car collection, in Los Angeles. To bring the story of mobster Mickey Cohen’s reign over post-war Los Angeles to life, the director of “Gangster Squad” employed Sean Penn, Josh Brolin, Ryan Gosling and more than 100 irreplaceable vintage American cars. AP Photo/Damian Dovarganes.
To bring the story of mobster Mickey Cohen's reign over post-war Los Angeles to life, the director of "Gangster Squad" employed Sean Penn, Josh Brolin, Ryan Gosling and more than ...
READ MORE
Portraiture Artist Lucian Freud Dies at 88
Wes Hunting: Master Of Elements 2/9
Rare, Large Pair of Gold Screens by Qi
Brazilian Artists Create Colossal Labyrinth Using 250,000 Books
Bonhams New York Announces Himalayan, Indian & Southeast
“Not A Vandal” Says Man Who Defaced Mark
Agnolo Bronzino Painting to Be Auctioned at Christie’s
Over One Hundred Vintage Cars Star in ‘”Gangster

Be Sociable, Share!
This entry was posted in ACTV Exclusive, Coin News, Coins, Jack McNamara and tagged , , , , , , . Bookmark the permalink.

This Post Has 1 Comment

  1. Pingback: Did Someone Say “the Single Finest Graded Morgan Dollar in Existance? | Art and Coin TV Blog

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>