To do what you're wanting to do, Setup a website and list your inventory Setup an eBay store If you can afford the time and cost of both, then you might be ready to start selling coins at a show. I'm really thinking about buying a booth at my local annual coin show this year.
A bit more advice as I appreciate your trying to start your own business at a young age which I did as well. First concentrate on covering expenses and paying your bills first not trying to set the world on fire You can always breath easier knowing your rent or mortgage etc is paid!! When I started out the most important things each month was making my rent and truck payment once that stuff is covered then have fun. Second it takes a lot of time and work be careful!! It can take over your life destroy relationships etc. you can find out that you do nothing but work all the time and have absolutely no other life outside of work! I know this from personal experience. Is why at 38 I'm totally burned out and wanting a career change you really don't want this to happen but it easily can especially if your the workaholic burn the candle at both ends type like I am. I would listen to some of those here on the forum as they have good advice from years of experience. It's better to go slow and be in this for the long haul then start fast and burn out fast if this is the path you want to take. Good luck!!
I do not really mind work so long as I enjoy it. I am aiming to do this as full time later on. selling online allows me to take care of business at home after I come home from work. Right now I might be getting a job at a coin shop. After I finish college I'll start my other business.
Could anyone tell me what a good size display case for coins would be where I would find such a case and how much that case might be
Google Aluminum coin display case, you will see many different options, the ANA and all the big shows use 22 x 34 x 3.5 inch. cases. they cost about $150 ea.you will need a liner and a carrying case. Just my thoughts, you need to join a coin club, you will learn a lot, they will help you with things like set up, what you need to show. I have been doing small and medium size shows for the last 5 years, i do the set up and tear down, lots of fun and you will meet lots of people, you need to know people, and you need to be a salesman or Woman. I would also email Amanda and ask for advice, check out her thread on her Vegas trip, look at her coin porn add up the cost of all those coins, you need twice that. you can ask for help here, weed through the junk. One last thing, Buy, Buy, Buy, Buy you need lots of inventory. Good luck...
Thanks. next everyone has been saying you need to buy a lot of inventory. Can yall give me an idea of how much is a lot?
Allstate cases, but why do you need them? Do you presently have the worthwhile inventory to justify the purchase? Are you now planning on jumping face first into a local show instead of doing as has been repeatedly suggested? If you really want to rush forward with this, please allow me to ask you a few very basic questions. I'll start out with this: How do you plan on acquiring inventory?
Add up her coin porn minus the Stella that's beyond over the top and minus the one I bought too!! I'm thinking about eventually becoming a dealer too I know the one and outs of the life just been selling antique furniture and artwork for the last 21 years and am burnt out with it
So I haven't really seen anyone give anything that even approaches a specific answer, so here, I'll try. I would think at a BARE MINIMUM you would want to have three cases at a table, at a local show. And that's what we're talking about here, minimums I think. Each case holds I would guess approximately 50-65 coins, so let's assume it's about 50 which means you'd need about 150 slabbed coins to have a passable/beginning inventory. Raw coins can of course be displayed too, but they take up a lot less space so you need a lot more of them to cover the same ground, even in the 2x2 flips! I hope this helps a little! I'm always available to help with questions and/or offer advice, Josh!!
Anyone can sell coins. The trick is buying them. You will need to buy from the general population and that means advertising and possibly a b&m. Also dude going to long beach as a dealer is pretty far into the deal end of the pool for someone who can't swim. Try just obtaining the marketing so you can buy from collectors and not dealers.
That's the real thing. You need approximately 150 coins that you can make money on. Everyone's bread is buttered on the buy. Sent from my iPad Numismatist, Alhambra Coin Center www.lifeatthecoinshop.com www.facebook.com/lifeatthecoinshop
Not in this thread, but in others a number of us have, at times repeatedly and with mixed results, tried to help this young gentleman with his business/ideas/plans. Perhaps you will have better luck.