Greater Jacksonvile Coin Club 6/3-5 Show Recap

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Recap of the show….66 dealers from as far as Texas and South Carolina…some from Georgia, mainly Florida..

Everyone was happy with the outcome except for one guy who was really disappointed ( he was one of two stamp dealers.. the other stamp guy, right next to him did just fine)…the grumpy guy got grumpy results.

Business was pretty good across the board…collectible coins, currency and tokens all had activity at tight but decent price levels. Numismatic buyers are a very knowledgeable and disciplined group.

Gold bullion and numismatic coins were available selling well, again at disciplined levels. The buyers these days are the old-line, quiet accumulators who keep a lid on pricing. Same story with silver eagles, bars, 90% so favored by this group. Dealers are not bringing a ton of bullion type coins/items. In some cases, they don’t have much but most the small margins are just not worth the effort at these levels and these guys are also investors themselves.

Greater Jacksonville Coin Club has about 275 members, meets monthly with about 75-80 attendees. Great people who share information and coaching. The club sponsored a session for Boy Scouts working on their numismatic merit badge and hosted about 40 future collector/dealers.

Even after Friday’s surge, I am sure there are a lot of hindsight buyers today…there is still not a lot of new interest. I do think the day is coming when everyone in the country will wake up and decide to own gold/silver coins and will find the circumstances like trying to buy toilet paper in Venezuela this morning.

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