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user_63594's Blog

21 Apr 2019

A Very Fun Time!

National Money Show | user_63594

I took time off work to go to the National Money Show in Pittsburgh, PA and had a great time! I saw someone I had not seen in a long time and it was nice reconnecting with him. I learned a couple of new things pertaining to colonial coins. I was able to help some new members who had joined at the show and some non-members who were there to find out values for some coins they had handed down to them from family members. I even advised one of the convention employee security guards to research the ancient coin he bought for $10.00 and to join the ANA to use their library! On top of making some network connections with dealers for my World Coin Birth Year set, I purchased the two key date coins I have always dreamed of owning! I bought a 1909 S V.D.B. Lincoln cent and a 1916 D Mercury dime. The Lincoln cent I talked about since 1980 having started collecting in 1978. The Mercury dime I wanted since about 1995. I tracked the value using the Red Book for five years (from 1995-1999) where it went up in value better than my retirement fund did! I also bought my mom a Fiji "Coca Cola" bottle cap coin. She collects Coca Cola stuff and loved that item! I especially enjoyed the exhibits. I admit to being somewhat jealous of the Apollo Mission exhibit as it had several of the coins I need for my World Birth Year set in it. I also liked the NASA, Haley's Comet, Byzantine Empire Coinage and the Numismatic History of the Organ exhibits. It made the People's Choice award voting very tough. I was glad to see the Organ History exhibit I voted for did well! I felt it was the best due to the subject matter. To me, that is what coin collecting is all about - finding coins and medallions that display interest you have and the church organ is off the beaten path in that regard! I can't wait for 2020 to come so I can hit the World's Fair of Money! Hopefully I can find the remaining 13 coins I need for my World Coin Birth Year set! As a bonus, I went back to work the following Tuesday and I increased my production level by 90-130 units per hour every day since then! Does attending coin conventions make you more productive? You decide!

Comments

RPSeitz

Level 4

Wow! A 1916D Mercury Dime. How exciting!!!!!!! Can you share what you paid for it? I am curious, as I would love to someday own that coin and you just may give me hope that it is out there and affordable, or possibly not??? Depending o0n what you paid.

user_63594

Level 2

Hello RPSeitz! I found the Red Book and the Numismatist price guides to be very close to the actual price I paid. I actually came in under the prices listed in the Red Book for both coins for the grades I bought. I had trouble using credit cards at the NMS as most of the dealers only took cash or, can you believe they still exist, checks! I got lucky and found dealers with the two key date coins that did take credit cards. I did have to pass on some items since those dealers only took cash or check. I did not have any trouble at the Worlds Fair back in 2004 using credit cards and hope that continues next year. I would suggest a savings plan or be prepared to take a cash advance on your credit card. Use the Red Book and Numismatist price guides to find the amount needed and save 10% out of your paychecks. If you net $400 per pay and are paid twice per month, that is $80.00 per month. If you start now in June, you have one year and one month of savings which provides a total of $1040 which is enough to buy the 1916 D in good with money left over. I also use a snowball payment method for credit cards. I pay extra on the lowest balance card to pay it off earlier than the minimum payment would. I then roll over that payment adding it to the next lowest balance card payment and continue to make extra payments as I can afford to do so. I will be doing this for the next year and have my cards ready for the Worlds Fair in August 2020.

Glad you had a fun time. I am amazed that you found your dream coins there. Those shows are great places to find them.

user_63594

Level 2

I was not so surprised to find those two coins but was more excited to find the 95, 96 and 97 Prestige Proof Sets I needed to complete the set. I found all three at one dealer who took credit cards and paid less than the Red Book prices for each one! I hope to have equally good luck at the Worlds Fair in 2020 where I hope to find the last 13 coins I need to complete my World Birth Year set. Are you a business by chance? Your user name strikes me as such but I could be wrong!

"SUN"

Level 6

Sounds like you had a great time.

user_63594

Level 2

I had a blast! It was the best show I have been to in my life so far! It even passed up my first ever ANA show I attended which was The World's Fair of Money in 2004. I enjoyed that show very much and had great success in finding coins for my World Birth Year set. The tipping point for the National Money Show to be better was the social aspect - helping the new members with tips and advice and non-members with their endeavors plus the conversations with the dealers teaching me new stuff!

You really had a great time; I am envious. I always wished that I had more time to go to the Conventions, but unless they were in the Southern Cal area, I just couldn't seem to get away for them. They always have something for everybody and more often than not, something new. Next Saturday is our Cal State Coin Symposium. One of my oldest coin friends is giving a talk on California Private Gold. I will give everyone a recap following. Always fun with four or five topics covered, all different, and a reasonable lunch. The talk is free; the lunch is $25. I can tell you that usually only one is worth the money (and it aint the lunch).

user_63594

Level 2

I am in the same boat! If they come to Pittsburgh, I can go but if they do not, I am unable to go. Hotels are the big problem. Even if you stay outside the city the rates are not that much cheaper and you now have commuting time and expense. At Pittsburgh, I drive in, park at the center and drive home that night. I wake up the next morning and do it again until the last day of the show. One tank of gas, I sleep in my own bed, and can secure my purchases so I am empty handed when I go back. Nothing to steal if they break into my car! I have to say that has never happened at an ANA show in Pittsburgh that I am aware of but can't speak for other cities. Good luck in your convention quest. I hope you had fun at your show with your friend. I know what you mean about the food! While they had a good selection at the convention center in Pittsburgh, the prices were in a word - Ouch!

Kepi

Level 6

Sounds like a great time! And you found 2 amazing coins! Good job! Loved the "Coca Cola" Coin for your Mom...too cool!

user_63594

Level 2

Thank you Kepi! Yes she really enjoyed receiving that coin!

PastorK7354

Level 4

Great overall pilgrimage for yourself. Blessings!

user_63594

Level 2

Thank you! I take it from your user name you may be a Pastor of a religious group. What type of items do you collect? I was thinking about a Christian coin set - one of many ideas that popped in my head but I have yet to act on! Get one example of all the coins listed in the Bible that would be used in that area of the world at that time then add Byzantine coins many of which depict Jesus and other religious figures. Like I said, just an idea that popped in my head a long time ago.

NumisMATist

Level 4

I would love to go to the National Money Show! I don't know if I will ever get around to it though. 1909 S Lincoln and 1916 D Mercury - WOW! Amazing coins and it must be awesome to own one. Great that you had such an awesome time!

user_63594

Level 2

Hang in there NumisMATist! The shows like to swing into sections of the country. Lately they are in the Chicago, Pittsburgh, Philadelphia area extending down to the Atlanta area later this year but I can remember it being out west for several years. I got lucky with Pittsburgh, PA being a half hour drive from my home so I commuted in every day. Round trip gas was cheaper than the hotel rate! The money I saved on hotels and parking was spent on coins!

Longstrider

Level 6

Thanks for helping. Sounds like you may have got us some new members. That is always nice. It made me happy to read about getting your mom a coin she loves. That's great to read. You truly do what this site is all about, learning and sharing...I am trying for a birth year set that is 100 years older than me. Thanks and good hunting. I like the world birth set idea. There are some beautiful world coins out there. Happy Easter to you and all!

user_63594

Level 2

Thanks Longstrider! I hope your Easter was enjoyable as well. Yes it was an all around great show between the social aspect and finding the two coins I most wanted to own and coming in under budget! Good luck on your 100 year Birth Year Set! I hope the year turns out to be an affordable one! My 100 year has some expensive items in it but luckily the same denomination has a less expensive alternative. Are you going for one example of each denomination or every coin made that year including all mint marks?

It's Mokie

Level 6

It was indeed a wonderful show. I think the museum exhibit was absolutely top notch with the 1804 Dollar, the 1913 Nickel, and the 1943 Copper Cent and many other interesting things. I can't wait for ANA to return in August 2020. So happy you were able to get your Grail coins, I currently own one of them and have also owned the other two different times, the excitement of owning is always very high.

user_63594

Level 2

Hello Just Mokie! It reads like you might be from the area like me. I am glad you had fun at the show as well. Yes - the exhibits were very good! I had so much trouble deciding what to vote for! I eagerly await the exhibits at the World's Fair of Money in 2020!

Sounds like it was fun

user_63594

Level 2

It was! Will you be able to attend one of the shows coming up? I believe the National Money Show for the fall is in the Atlanta, GA region while the World's Fair of Money is outside of Chicago, IL for this year. In 2020 the World's Fair is in Pittsburgh, PA but I do not remember where the National Money Shows will be. If you can go - please do! It is a very enjoyable experience!

Mike

Level 7

So not only did you have a great time. You helped new collectors members of the ANA I thank you . Helping people is one of the most rewarding thing you can do. So thanks and I'm glad you had a great experience. Pat

user_63594

Level 2

Thanks Pat! Yes it was so far the best show I have attended either ANA sponsored or not! The very first show I attended was back in 1982 or 83. I bough just one coin - a 1945 micro s mercury dime. Helping the people and conversing with the dealers was what made this show the best! I am on my count down to the Worlds Fair of Money in 2020! I wish the Summer Seminars would loop around the country! I am no longer able to get out to Colorado Springs but can drive an hour or so from my home town.

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