Each year, prior to the American Numismatic Association World’s Fair of Money, other promoters conduct a “pre-ANA” coin show and auction houses conduct a few major auctions, generally in the same city or nearby. This year’s “pre-ANA” show was held at a Milwaukee airport hotel. One hundred forty dealer-tables were set up, staffed by about 300 dealers, many of whom split tables. Participants reported a good show and described the first three hours of the show as a buying frenzy on the part of dealers – they are still short of the right inventories of coins that their customers want to buy.