Total Insanity At ANA

[jeff of pa]

word is because of limits, Dealers are paying these people to stand in line & buy
the coins for them to resell.




https://www.cointalk.com/threads/total-insanity-at-ana.249836/

 

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[CincinnatiKid]

Looks likes "Stones" tickets are on sale?

 

[Msbeepbeep]

Doesn't surprise me.

 

[CincinnatiKid]

Been thinking about this today... Are ANA certified stickers actually that valuable on slabbed coins? I have few graded coins, but do have a few I would like graded. A bit off topic, but what grading co is most stringent and respected these days?
Thanks
Peace

 

[jeff of pa]

On the news you saw and heard about the long lines and near riots at the Mints. At the ANA show there were people sleeping on the side walk 12 hours before the doors opened. While the Mint could have done a slightly better job on the release, it really was not all their fault. The fault lies in the 3-5 dealers who went out and had people bused in to buy the coins. While that may not sound bad in theory, here is what happened: the people they bused in were HOMLELESS, many did not even speak english, and the majority we saw look like they crawled out from under rocks. Some were paid well and most were paid a few hundred dollars. These “enterprising” dealers set up shop right by the Mint with big signs offer huge profits-to those they did not hire. Read More Laura Sperber's Hot Topics: Fools Gold - The JFK Coin - CoinWeek | CoinWeek