2015 Capital City Coin Club Coin Show

Round Rock Coin Show a Success
By Mike Marotta, Coin Club Secretary

The annual Capital City Coin Club show was held at the Wingate by Wyndham in Round Rock on July 18. Over 220 attendees met the thirty-five dealers for the one-day event, sponsored by Bryan Jones on behalf of the club.

Bullion demand was strong, pushing sell prices $3 per ounce (about 20%) over spot. Numismatic collectors found bargains in raw coins, keeping the ANACS table busy. In addition to the mainstream array of U.S. Federal issues, buyers found an impressive mix of world coins and paper. Three dealers brought jewelry. Three others displayed their ancient coins.

Bill Kalmbach introduced a new collector to ancients by giving him a Roman sesterius, a bronze coin about the size of a half dollar. “When you come back to the next show,” Kalmbach said, “tell me who is on the coin.” Later, the boy and his father later went to Bruce Burton and bought the Whitman book on Greek and Roman coins by Zander Klawans and Ken Bressett.

Club member Moton Crockett said that he would have preferred a two-day show. “With three dealers in ancients, time just goes too fast,” he said. I had to agree. It was impossible to sit with each of the dealers and chat. For one thing, they all were too busy.

However, with some patience, I was able to visit with Bill Kalmbach of Nilus Ancient Coins and Craig Rose of Numis Europa. Craig’s inventory included a broad swath of impressive European crowns and seldom-seen medals. Medals typically have mintages in the hundreds or dozens and sometimes fewer; and often they are inscribed with the name of the recipient. They are perhaps the most historical records in coin form.

Huston Pearson, Jr. who does business as C&C, Inc., out of Ennis, Texas, gave me a half hour of his time, explaining the details of about a dozen Republic of Texas warrants. His knowledge was valuable because standard references are limited. Texas Obsolete Notes by Bob Medlar was published by the Society of Paper Money Collectors in 1968. The only two copies at the UT Briscoe Center are for use in the library only. So is Texas Currency: a Catalogue 1813-1868 by Joseph D. Olson (Texas Numismatic Heritage Press, 2006). I was surprised at the relatively low prices for these important documents. While some do run into four figures, most were no more expensive than a slabbed Morgan Dollar. As always, I should have brought more money to the show.

I spent most of my time with Bruce Burton and his books in the lobby. It amazes me that someone who thinks nothing of spending a couple hundred dollars on a US coin will walk away from a Breen Encyclopedia for less than that. I found four bargains, only one of them directly about numismatics. The best find was a nice first edition of Before Writing by UT professor Denise Schmandt-Besserat, about the use of clay tokens in Babylon about 5000 BCE.

The show was good for me. I spent the entire day there. I look forward to the next opportunity.

The floor was pretty busy and steady for most of the day.

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