by Warren Mills
I really enjoy going to the Baltimore Show. This spring event is normally later in March, so it was a surprise to walk to the convention center on Friday in about 2 to 3 inches of snow. The climate was cold and so was the retail traffic! Thursday retail was quiet and so was Friday. However, the dealer to dealer business was good. Flight schedules changed coming out of Manchester, so I arrived on Wednesday, later than normal. I went to the hotel to see where everyone was set up and found out that rooms were reserved for dealers at the convention center.
When I arrived at the convention center, activity was brisk. I didn’t get to see everyone I wanted to, but the pre-show buying was good. Most of the dealers I spoke with are starting the year on a good note, with a lot of client interest. I was hoping that the prior day was going to be a harbinger for the show itself, but I was wrong! I was able to acquire about half of what I was hoping to spend. What a disappointment! There just wasn’t enough nice material to consider for acquisition. Low-end to marginal graded coins are everywhere. I feel this will only get worse. If you are hoping to acquire nice coins in the future, get on your horse now and start working. I’m still seeing people getting sucked in to paying gigantic premiums for auction coins, that in many instances the same quality could be purchased on the bourse floor for half the price. However, there are truly exceptional coins that come up in auctions that you may never see again. To those that know what they want and have the money to spend, I salute you!