Wilmington Coin Show – Dealers Selling Coins
Yesterday I made it out to the Wilmington Coin Show (advertised along with the Wilmington Azalea Festival) to see if anything stood out. As advertised, the show had about 40 coin dealers in one large room. In a separate room, there were a series of classes and, at the time I was there, one was being taught on Confederate Currency. I was not able to find the Stamp Dealer that was advertised but I did find a table with valuable baseball cards from the 50s and 60s which is something I have not seen in a while.
My Favorite Coin From The Show
So, the coin to the left is the coin that tempted me the most. A 1798 Silver Dollar PCGS XF45 Knob 9, 5 Lines. This dollar is referred to as the Draped Bust Silver Dollar and they were minted between 1795 and 1803. If you have a moment, click on the highlighted link in the prior sentence to read more about this series. It is probably one of the most interesting coins series in my opinion.
Did I purchase this coin? No. The dealer was correct with his tag on the coin stating that only 8 had graded higher with PCGS so this could be quite a find. The problem was the price. He was asking $4,495 for this coin. In January and then again in March of 2016, two PCGS XF45 Knob 9, 5 Lines silver dollars sold at auction for $3,525 each. Although he may eventually find a buyer, I think that many coin collectors will pass on this one. If his price for this coin was about $1,000 lower I may have been a buyer yesterday!!
More Coin Photos
Here are a few other photos of coins from the same dealer that had the dollar above. I have really been intrigued with the late 1700s and early 1800s coins recently.
The 1795 Half Dollar was also very appealing but unfortunately was too highly priced in my opinion as well. There was recently a NGC F15 that sold for about $1,900 and an NGC F12 like the one in the photo sold for about $1,600. It was still very nice to see a Flowing Hair Half Dollar!
If you are planning on attending this coin show today is the last day. I believe the doors open at 11am at the Elks Club on Oleander. As I always recommend, coin shows are typically NOT the best place to sell coins to coin dealers. They are a great place to look at and learn about coins that may be unobtainable otherwise. Sometimes there can be a great deal to be found at these shows as well – in fact, there is one raw coin that I saw yesterday that I believe is a great price. If it is still there today it will be coming home with me!