Dealers Anxious to Resume Coin Shows – Shops Begin to Reopen

As the old saying goes, there is light at the end of the tunnel. Within the last week, many states have restarted their stalled economies, lifting stay at home orders and reopening businesses. In our estimation, this day is long overdue. We were one of the fortunate businesses that was able to remain open. We are thrilled to see many of trading partners returning to work, as well. Now, all eyes are turning to coin shows. Since these are public venues involving assemblages of people in a confined space, coin shows will pose some logistical challenges. We have confidence that promoters will carefully consider public safety factors as they begin to roll out their dates. We also believe that the first coin shows to break the ice will be barn burners. Coin dealers are not an idle group. Throughout this extended hiatus, there has been a lot of anticipation building. The coin market has continued to function, and with all things considered , at a very high level. But, there is still that missing element, and the hobby will not be 100% whole until the return of coin shows. From conversing with other dealers and collectors almost daily, most of us seem ready to return to our familiar routines.  The metaphor that comes to mind is a runner in the blocks waiting for the starting gun to sound. Sadly, we have been in the blocks for what seems like an eternity.

Precious metals continue to rally. This has added a component to an already active marketplace. Even those of us that service the numismatic sector have been part of this activity. We have seen a proportional number of buyers and sellers. Profits are being taken on one side and being invested in the other, and vice versa. Needless to say, with this scenario, nobody is complaining!

We hope all of of you have remained safe and healthy. Fortunately, we don’t personally know anyone who has contracted the virus, indicative that we are at least keeping our numbers in check. Be cautious as you begin to move forward and use common sense in your daily approach, but move forward we must. Happy collecting, and we look forward to seeing each of you again in-person. Hopefully, that day will be in the very near future!