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July issue . 2008,



When we first heard that the Mid-America Coin Expo was moving from Rosemont to Schaumburg we were apprehensive. Historically when a show moves venue, even if it is just a few minutes away, attendance suffers. Was this the reason for the lighter than normal turnout for this mid-summer show, or were there other factors? An ANA that begins in July rather than mid August may have been a mitigating factor. The attendees we spoke to were more than satisfied with the move. Both the convention center and the Renaissance Hotel that was attached were top-notch. Free parking and better access for Chicago natives was definitely an added plus. I believe that both dealers and collectors alike will be happy to return to Schaumburg next year.
Although the crowds were light, we are pleased to report that those in attendance were serious about buying coins. What were they looking for? Better dates, true rarities, gems with exceptional eye-appeal, those that are very difficult to replace. Coins with a story are always a crowd pleaser and we had a nice selection from the SS Central America shipwreck. We are noticing more coins with CAC stickers in other dealers cases, (of course we had many pieces that met that requirement) and we did have clients searching for just those coins.
We had many comments at this show about our inventory representing the “cream of the crop” a compliment we are always pleased to hear. As always, regardless of market conditions we recommend buying the rarest, most eye-appealing coin that your budget allows. One area of the market we feel holds enduring value is early gold. We purchased two lovely Half Eagle’s, an 1803/2 in MS62 and an 1805 in MS63. These coins will be imaged soon, so watch the web site for these beauties. We have had a tougher time finding nice proof type, the coins that have that marvelous black/white contrast that is so awe inspiring. However, we were able to acquire a 1900 PR68 Cameo Barber Half that will make you put on sunglasses, it’s that flashy!
We'll be at Booth 1210 at the Baltimore ANA so please drop by and see us there. We look forward to seeing old friends and new collectors alike. In the meantime feel free to send Bonnie your updated want list or give her a call at 888-637-6388 to discuss your collecting goals.

Our very best to you, Dave Albanese
Dean Albanese
Bonnie Sabel

David C. Albanese - President
Albanese Rare Coins Inc.