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Bullion Buyers Out in Force
May 24, 2010



Iola sure isn’t Nashville, Tenn., or Baltimore, or any other national show location, but when the Numismatists of Wisconsin held their 50th anniversary show here Friday and Saturday, attendees were behaving like their national counterparts.

Green Bay dealer Paul Reiser said, “Gold bullion was our best seller.” He noted that buyers were taking advantage of a price dip that occurred last week.

“I sold out of Krugerrands and Eagles,” Reiser explained.

“We did a lot in silver bullion,” he said of his 100-ounce and 50-ounce bars.

I can attest to that. One NOW member came by the Krause table as he was walking around the bourse and he was so pleased with his purchase of 10 ounces of silver that he showed me the A-Mark bar.

We had a nice talk about what the future might hold for it.

Nathan James Lord of Grant and Clemens, Watertown, Wis., pointed to an empty spot in his case on Saturday when I came around and he said that is where his 90-percent silver coins had been.

He wished he had had more, but he was not expecting to get a table when he came to Iola. A last-minute cancellation had given him a prime corner right at the show entrance. His results benefited.

Bullion might be hot, but the NOW show was full of typical collectors as well.

The Krause booth did a booming business in coin and paper money books.

I was personally chewed out by one attendee for not having non-numismatic books on hand that Krause published. She was in the mood to buy.

All I could do was invite her back to Iola July 8-11 when the annual car show will be held and Krause will have a book tent.

If that interests you, too, mark the dates on your calendar.





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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News, Bank Note Reporter and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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