Ocean City Today
https://oceancitytoday.villagesoup.com/p/1691769

Annual Ocean City Coin and Currency show this weekend

By Kara Hallissey | Sep 28, 2017
Carl Ostiguy displays a scrimshaw engraving worth approximately $50,000 during the OC Coin and Currency show at the Roland E. Powell Convention Center on 40th Street last year.

(Sept. 29, 2017) At least 30 coin and currency dealers will be on hand to showcase their unique coin collections this weekend at the convention center on 40th Street during the OC Coin and Currency show.

The annual event will take place from 10 a.m. to 6 p.m. on Saturday and 10 a.m. to 4 p.m. on Sunday. Admission and appraisals are free. Visitors can buy, sell or trade coins with participating vendors during the event.

“People really appreciate it and we have a good crowd each year,” Promoter Carl Ostiguy said. “Hundreds of people come out each day and people look forward to it. I have been getting calls the last 30 days making sure it is still going on.”

Currency from shipwrecks, large and small sized coins, early American to colonial and treasure coins will all be featured in the show. Vendors and dealers will also have coins and currency from all over the world.

“[On display will be] old coins from the 1600s and 1700s [and] gold and silver bullion. A lot of historical stuff,” he said. “Early coins from the beginning of our country to now.”

Dealers will have Spanish treasure coins including currency from the El Cazador, a Spanish brig that sunk in the Gulf of Mexico in 1784 on its way to Louisiana, he said.

Check out colonial notes dating back to Ben Franklin, confederate currency from the Civil War and money used centuries ago.

Older coins used different mixtures of precious and semiprecious metals making their value higher. Coins from 1964 and earlier are generally worth more than face value, he said.

“Do not clean coins because it lowers their value,” Ostiguy said.

Hundreds of people are expected to visit the convention center this weekend for the show, which is hosted by the Salisbury Coin Club.

“We see girl and boy scouts coming out to earn their merit badges for coin collecting,” Ostiguy said. “Some people like collecting coins and it’s been a hobby for many years for most people. Others retire and start collecting coins. The age groups vary.”

Make sure to check out the half-price bins. Dealers can price out coins and currency or attendees may choose to sell their collections and pieces.

“This is one of the only coin shows in the area and people travel long distances [to check it out],” Ostiguy said. “Bring gold coins in to be appraised or you can sell them. Some people bring their coins in just to see what they are worth.”

For more information, contact Ostiguy at 443-623-7025.

Comments (0)
If you wish to comment, please login.