By Numismatic News
"Coin and bank note collecting are still very much alive, despite the gloomy U.S. economy," said Ronald J. Gillio, general chairman of the Long Beach Coin, Stamp & Collectibles Expo.
Public and dealer attendance was good at the Feb. 5-7 show, he reported.
"Although some regulars notified us earlier they would not be taking their usual tables, we easily filled those spots with other dealers who've been on waiting lists," Gillio said. "We also sold a record number of 'early bird' admission badges to visiting dealers who did not set up tables."
Gillio said the $13 million sale by the official auctioneer of the Long Beach Expo, Heritage Auction Galleries of Dallas, Texas, and reports of many deals done on the bourse floor were encouraging.
"These are millions of dollars still being spent on numismatic items; millions of dollars not going into the stock market, the real estate market or even to buy food or clothing," he said.
National Basketball Association Hall of Fame player and former Los Angeles Lakers star, Kareem Abdul-Jabbar, was among the visitors to the show.
"We also had Billy Gibbons, the lead vocalist for the group, ZZ Top, at the show on Friday afternoon," he said.
More than 100 children took part in the Saturday treasure hunt, including members of an Orange County California Boy Scout troop that came to the show with Scout leaders.
The next Long Beach Expo will be held May 28-30, 2009 in the Long Beach, California Convention Center. For additional information, call the Expo office at (805) 962-9939 or visit online at www.LongBeachShow.com.
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