Greetings from Winston Salem which is finally thawing out from an unusually cold winter that even included a historic 12″ snow event. I want to 1st apologize for not posting more often. Blogging takes considerable time and I certainly need to do a better job with this activity. A few valued clients / consignors mentioned that show blogs are a window to the current market as show attendance is not always possible

OK, that said, the Charlotte show is now in the books, the 2 day event having concluded on Saturday, Valentine’s day. For this show, steady retail sales were recorded, most notably for the raw material in the Seated Liberty area. All denominations, half dime through half dollar did quite well. If thinking of moving material in this area, particularly Seated Quarters and Seated half dollars, please give me a call. Lite has now handled large raw collections for all Seated denominations and can efficiently move these coins to cash.

Another raw area that pleasantly surprised was Bust dimes, this area had previously lagged and finally found its moment in the sun. The entire Bust area lags Seated type coinage, no doubt the LSCC has done an excellent job in developing a strong marketplace for Gobrecht’s design. Lite will shortly receive in a large Bust Half raw offering and I’m interested in seeing how the marketplace develops for this offering.

Certified sales lagged in general, but I was pleased to see a few Morgans and Peace dollars move in addition to other early 20th century type including Buffalo/Jefferson 5C, later date Indian cents, Mercury dimes, silver Washington Quarters and Franklin halves.

Friday’s show activity concluded with a large seated raw sale at the end of the day. What made the sale notable was that the client 1st mentioned that he had walked the floor and that Lite’s inventory for raw seated was far and away the best on the bourse, no surprise, to me. What really stood out, and what I will remember is that the client revealed that his occupation was that of a Catholic Priest, I’m so glad I was on good behavior. The sale concluded with the Father blessing me, I can certainly use all the help I can get !!

Saturday brought a crowd with pockets that were not so deep. I was able to help both young and novice collectors. It’s always very rewarding to guide young numismatists as they are indeed the future of the hobby and I consider it time well spent to mentor tomorrow’s collectors.

Lite will be posting new show arrivals in addition to consignments received through February. There is a steady stream of new arrivals, and I’m pleased to report the website garnered in strong January sales activity.

Thanks to all for reading.

Rich

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