Recent show reveals fluctuations|
July 20, 2018
A great time was had at the Kansas City Show.
I helped staff a table for the Fractional Club, and it was fun getting together again with Dave and Pam Stitely, Art Paradeis, Jerry Fochtman, Rick Melamed and the Ubiquitous “Musk.” We had a good chew and had a nice dinner at Jack Stack’s on Thursday night.
Foot traffic at the show was a bit off, something that seems to come with internet bidding, as a lot of folks like to bid from the comfort of their home. Those of us at the show, however, came to buy, and buy we did, as the dealers I talked with all had positive results at the show. Wyoming dealer George Warner had a good show, largely due to World Paper, which he says has taken on a big role in his business. Colorado Springs dealer David Freely, who enjoyed a good show, shared with me his enthusiasm for young numismatists, a big focus of his local club.
Alex Perakis, 87 years young, was enjoying the show as they displayed a wide variety of paper tidbits. Joe Peruski, a personal friend from Monroe, Michigan, told me that for the second straight year he sold almost everything he brought, with a heavily U.S. selection. Glen Jorde was also pleased with the show. I always check out Glen’s great selection of National Bank notes. Fred Bart and family seemed to be doing well and enjoying the show, and his wife Doris provided an interesting focus on the auction as she offered up her error collection to all comers. I also enjoyed visiting with Don Kelly, flanked by his grandsons, Thomas and Jacob, who helped him at his table.
Don’s new catalog of US Obsoletes made a debut at the show, and he was already looking for improvements to be made on the book for the computer version. I helped with the Michigan section and see this book as a nice update for Obsolete collectors. If you see gaps in coverage, contact him at 513-312-4760. It was also great to see my Minneapolis mentor Scott Lindquist back on the circuit. He also was enjoying the show and in especially good spirits.
This show is an anchor for me, as I get to renew old friendships and make new ones. Paper is historic, and I always enjoy the stories that accompany my notes. Peter Huntoon personifies the stories, and his presentation on New Deal Money, the creation of money during the Great Depression, filled in a lot of gaps for me. He also oversaw some great presentations, including Jamie Yakes on the R & S experimental pairs, Counterfeit Confederate by Pierre Fricke, Jerry Fochtman’s talk on Valentine’s impact on Fractional Currency, and Philippine Emergency paper by Carson Chambliss. The Feller Tag Team told us about WWII overprints, and Steve Carr went inside Kansas Nationals.
The market appears stalled, as prices seem to fluctuate from auction to auction; sometimes up and sometimes down. This seems a good time to buy, especially in Small Size Federal Reserve notes and mid grade Large Size. World Currency continues to shine as the color and beauty of these notes attracts more and more collectors. I continue to enjoy Canadian, and Bermuda Birds seem poised to steal the show.
Contact me at firstname.lastname@example.org and let me know what you have to say.
This article was originally printed in Bank Note Reporter. >> Subscribe today.
More Collecting Resources
• Order the Standard Catalog of World Paper Money, General Issues to learn about circulating paper money from 14th century China to the mid 20th century.
• When it comes to specialized world paper money issues, nothing can top the Standard Catalog of World Paper Money, Specialized Issues eBook.
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