‘This market has legs,’ says World’s Fair of Money attendee

The 2022 Chicago World’s Fair of Money, presented annually by the American Numismatic Association (ANA), was “much stronger and energized than expected” according to John Feigenbaum in a column published on greysheet.com.

“The rare coin and paper money markets are buzzing with energy,” continued Feigenbaum, the president, CEO and managing partner at CDN Publishing and a professional numismatist since 1979.

“Regarding the market, I was genuinely surprised by the level of dealer positivity at the show. ‘Coins are still selling, and selling strong,’ I was told by a seasoned veteran. He was not alone in this assessment,” wrote Feigenbaum.

“My good friend and industry-expert, John Dannreuther, told me that he ‘feared the worst coming into the show.’ He was concerned that dealers would worry about the fall season and come to the ANA as net sellers. This was not the case. Interesting, fresh material from $25 to $250,000 was in extremely short supply.”

In his column, Feigenbaum added that “despite the vast array of rarities and other great (not so rare) items coming to market, there is a widespread sentiment on the floor that the market can and will absorb everything with an eager appetite for more. I came to Rosemont a skeptic and left a believer. This market has legs.”

The World’s Fair of Money was held on Aug. 16-20 in Chicago, Ill.

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