August 31, 2018: CRO’s ‘August by the Numbers’
Great news everyone it is once again time for our annual August by the Numbers article starting right now:
2 SMs and 1 XL: Shows attended this month, our regular Devens local show, a local Dealers’ Only day at that same venue and of course the gargantuan ANA World’s Fair of Money in Philadelphia.
An entire week: Time we spent in the City of Brotherly Love for the pre-show, lot viewing, the auctions and the show itself.
7: Cuisines sampled while there, including Korean, Spanish, Italian, Cuban, Chinese, Amish and something called Gastro-Pub Faire.
Definitely at least one: Cuisines we decided to pass on.
Both of them: Deals discussed, figured, analyzed and considered at that show which were ultimately not consummated there, but were completed the very next week when we were back in the office.
9: Coins we represented customers on during the various ANA auctions.
2/3: Number of those items we were successful in acquiring for them. That’s not bad in our view, since we knew a bunch of the coins in question would be really, really popular and might go for more than we thought it was prudent to pay.
20-something: New coins acquired by us after the show (but which were still technically part of the show) in the ANA internet auction sessions held by Stack’s-Bowers and Heritage.
Just one: Early Bird Notifications sent out during the month.
Of course 51: NEWPs listed on it.
More than 20: Number of those coins sold within the first 48 hours.
Another nine: Existing website coins ordered during that same 2-day period (slightly more than we typically see when we send out an EB).
1922 Plain: Date of the Lincoln Cent plucked from a roll by a local collector who then found CRO on the PCGS Authorized Dealer list and brought it to us for grading. Unfortunately, it turned out to be an altered 1922-D and thus not worth submitting, which we felt bad to have to tell the guy. Oh well.
87.5%: Portion of our group of Rattler-holdered Large Cent inventory we sold this month.
Thousands: Items appraised by us as a favor for a different local customer (and subsequently purchased).
3¢ each: Amount we received for the common date wheat cents in that deal.
Spot + 9%: Price offered to us by another dealer for the modern platinum sets in that deal. Yes, we accepted that offer.
8 Days: Total duration we owned everything else in that group before finding buyers.
450 Years: Age of the oldest coin we sold this month.
13 Years: Age of the youngest coin we sold this month (one of those Platinum things noted above).
Also 13 Years: Time that has passed since we set up at our first Long Beach show as a member of CRO with then partner Dave Wnuck. Hey, time flies! And so will we as we head out for another LB show this coming week.