I’ve never been to the Michigan State Show so I decided it was time to take a trip out there and see how it was. I always heard this was a strong collector show but it is held on Thanksgiving weekend, which is probably why I’ve never attended! I had a good feeling about the show and anticipated a nice mix of coins. There were about 150 dealers with tables. Driving in from the Detroit airport, I was depressed at all of the dilapidated buildings that I could see while driving to the show. Unfortunately, this was a harbinger of things to come. There was a good amount of public attendance and I liked the fact that the show organizers required a government I.D. to enter the show. Once inside, I started looking at the tables and the lack of fresh material was a huge disappointment. The dealers I knew there said that it was a well below average Michigan State Show from the standpoint of the mix of coins and that I should try it again. There was also an impressive auction catalog of ungraded “raw” coins being sold by a local numismatic auction firm. The catalog gave the impression that the coins were mostly high grade and the pictures were beautiful. Once I started looking at the lots I realized why the coins were not graded, they were horrible! As one national dealer said to me, “You can really get hurt in this auction there are a ton of trap coins here.” Other dealers I spoke to about auction lots were also disappointed. This seems like a theme lately. The lack of fresh material is making it hard to keep a nice inventory. My advice, when you find the fresh coin for your collection, buy it and don’t look back. Another nice piece may not come around for a while.