2013 American Eagles draw buyers at FUN show

Convention launches new year for coin market
By , Coin World
Published : 01/21/13
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The bellwether Jan. 9 to 13 Florida United Numismatists Convention in Orlando offered collectors and dealers the first public opportunity to acquire 2013 American Eagle silver and gold bullion coins.

Officials from SilverTowne in Winchester, Ind., reported they had sold approximately 100,000 of the 1-ounce silver coins from the time the firm received the coins at midday Jan. 11 through the end of the convention.

SilverTowne officials also reported selling at least 500 ounces of the gold coins in the 1-ounce size, as well as an undisclosed number of half-ounce, quarter-ounce and tenth-ounce gold bullion coins dated 2013.

Jan. 2 was the first day that the United States Mint’s authorized purchasers were able to place orders for all four sizes of gold 2013 American Eagle bullion coins; Jan. 7 was the first day they could place orders for the 1-ounce silver bullion coins.

Gainesville Coins from Lutz, Fla., also had 2013 American Eagle gold and silver bullion coins for sale at the convention. Michael Yaffe from the firm said 40,000 of the silver American Eagles were sold along with 500 of the 1-ounce gold and 300 to 500 of the tenth-ounce gold American Eagles.

Similar attendance

Cindy Wibker, FUN convention coordinator, said attendance at the 2013 convention was similar to attendance at the 2012 show, but the 2013 bourse was larger. The 2013 show had 614 tables compared with the 597 tables of the 2012 show.

Attendance at the 2013 FUN convention was reported at 10,200 individuals — 2,800 for Jan. 10; 3,000 for Jan. 11; 3,400 for Jan. 12; and 1,000 for Jan. 13.

The attendance figures represent dealers, attendees who registered ahead of time, plus daily “HELLO” badges, but may not account for attendees using the same HELLO badge on successive days, Wibker said.

“We have no way of tracking those who use the HELLO badge multiple days, Wibker said by email Jan. 15. “I allowed 1,700 for dealer badges (tables and early birds) which is probably 300 less than reality. I added 500 (dealers) to each day Th-Fri-Sat and 200 for Sunday.”

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