Article by:

Rich Schemmer
richerrors.com
News

The FUN Convention: The error coin market as it looks today...

The FUN convention was much better than expected, especially for error coins. Despite all of the problems in the economy, most dealers were very optimistic as to the Numismatic market. While numismatics in whole were a bit slow, we heard scattered good & bad sales reports from dealers. The error dealers that attended the convention were extremely happy. Sales were up, more coins than usual were offered for sale and the error part of the auctions drew some very high bids on better coins.

We had a number of non-error coin dealers purchasing error coins, including several from Poland & Germany. Almost all paid by cash and very few transactions were done by check.

Off-metals still remain very hot, as well as most eye appealing errors. Off-center Cents and Nickels were flying out of our showcase at full retail prices along with 2 major off-center Ike dollars.

Even though many were expecting gloomy reports on this error coin market, I can honestly say it was just the opposite as the convention was very active.

We will be attending the WESPNEX Westchester, NY coin show for just one day on Friday, January 23rd, as we leave for vacation the next day. If you have a need to see us and check out our inventory, make sure to do so on Friday.



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