Monday, May 20, 2013

Coin Shows

By Sienna Nalin


Coin shows are the go to place to be able to meet other collectors, investors, dealers, everyone. With coin shows it is a much better place to invest in coins because you are able to visually see what you may be purchasing and exam it. Read the tips below and you will be able to have a successful trip when going to a coin show.

Most avid collectors feel that by far the best way to buy or sell coins is to regularly attend coin shows. Nothing beats holding the coin in your hand and giving it the eye! With that in mind, here are five tips to make your shows more worthwhile.

1. When going to a coin show you want to make sure that you have knowledge of your collection. By this I mean that you should know all that you have if you do plan on selling. You also should make a list of what you have in mind of buying so that you do not stray from that list. You must be very organized when going to a coin show.

2. With looking into purchasing coins when you go to a coin show, keep it down to two or three series. You do not want to go to a coin show and later get home and be mad that you invested your money in coins that you were not looking for in the first place. Stick to your list and do not drift.

3. Coin shows are great for making connections. Talk to the dealers and get to know them. For all you know one of the dealers may be in your area and if you hit it off well you both can do good business together.

4. Compare. Look carefully at each dealers display. Don't be in a hurry to buy. Take your time to study and compare. Compare the coin, not just the price. Since this is a life-long hobby, most likely your purchase(s) will be with you for a very long time. Be sure to check carefully, both sides, (and the edges) of the coin. It is not impolite to ask a dealer if you can compare his/her coin with another dealer. Sometimes a dealer specializes in an area, but has a few "extras" that came with his last purchase. Don't be shy about asking if they have an item that you may not see. Many dealers have much more behind their table, than showing in their showcases.

5. Have choices. Some collectors go to a show to look for one coin. That one coin may not be available at the show you are attending. If you have attended three or four shows without finding that one coin, you may become discouraged and unhappy with collecting, by not adding to your collection. A good show is if you can make an addition to your collection, a great show is two or more additions or upgrades.

...Learn more at Attending Coin Shows

Take advantage of coin shows and make the most out of them. You want to make sure that you go to a coin show with a game plan and fulfill that plan.




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