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How many people like bid boards?

13 posts in this topic

I think they are great. Actually I've just seen one.

 

The one I saw was at Old Pueblo coin shop in Tucson AZ last year. Maybe 2 or 3 people came in and looked at it during the 1st hour I was there. Then about 5 o'clock around 25 people came and went just to "check the board" I wish they would start popping up at coin shows. Some clause somewhere probably says they can't do it.

 

Anybody else have any experience with bid boards?

 

 

 

Jerry

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A local department store used to have a bid board (they actually just got rid of their coin department this year). Believe it or not, I actually got a couple of my best coins off their bid board. It kind of put a little excitement into buying (usually) more ordinary coins.

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There’s one coin store here in Milwaukee that has run a bid board for years, I have participated in both buying and selling though that board for last ten years or so. The owner is real fair on the seller’s fee making it a good place to sell coins and do a little better then what the dealer would offer. Personally these days I use Ebay to sell what I used to put up on the bid board, but still win coins on the boards to resell else where.

 

I have picked up some great coins over the years off the bid board, two of which are in my type set, some that I’m just hanging on to, and others that have gone the Ebay way.

 

The board closes very other Saturday at 1:00 pm, it’s always crowded as people try to get in their last minute bids. I have made friends with many of the regulars over the years at the auctions and the event seems bring a club like atmosphere to the store, talking coins and checking out the other collectors stuff.

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I think they are great. Actually I've just seen one.

 

The one I saw was at Old Pueblo coin shop in Tucson AZ last year. Maybe 2 or 3 people came in and looked at it during the 1st hour I was there. Then about 5 o'clock around 25 people came and went just to "check the board" I wish they would start popping up at coin shows. Some clause somewhere probably says they can't do it.

 

Anybody else have any experience with bid boards?

 

 

 

Jerry

 

Well, I'm only 35 minutes away from a well-respected dealer called The Coin Merchant, located in Terre Haute, Indiana. There is one of those bid boards at the shop, and once in a blue moon I might bid on something I could use. To me, the bid boards are more fun than eBay. thumbsup2.gifyay.gif A reminant of numismatic old school, which, I think, is slowly fading due to eBay.

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Okay, I have to ask. What is a bid board?

 

Is it one of those goofy paddles that people hold up when they bid for something in a real auction? 27_laughing.gif

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A bid board is like a board at a coin shop full of lots for sale.... you place a bid and on the final day of bidding you see if you have won the coins... only way to see the coins is to walk into the shop.... deals can be found smile.gif Its like Ebay but all local smile.gif

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Okay, I have to ask. What is a bid board?

 

Is it one of those goofy paddles that people hold up when they bid for something in a real auction? 27_laughing.gif

 

The thing you're talking about is called a Goofy Paddle.

 

Here's what a Bid Board is www.oldpueblocoin.com/#bidboard scroll down and you'll see one on the right!

 

It kind of works like this. When the coins are "up" people go by the coin shop and place bids. Have you ever heard of a silent auction? Nothing is electronic. You write down on a piece of paper what you want to bid...with your name or write it on the paper hanging behind the coin or you have to tell the shop owner and he does it. There is no max. What you bid is what you bid. If you come in after a couple days and someone is over top of you you can bid again. And then the fun part. A bunch of people show up before it closes and talk shop and see what happens and who won what. It's a great, fun, local coin gathering!!!

 

 

 

Jerry

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The hardest thing is to find a coin shop near you that has one or being some where long enough to hang around till the end to see what happens.

 

 

 

Jerry

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I bought a 1924-D SLQ off a bid board in a different Tuscon coin shop a couple of years ago. I like the coin but discovered afterward that it had been harshly cleaned on the reverse. As with anything, buyer beware!

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