While dealers are required by law to collect sales tax, trying to add it at a show may kill the deal. Its sort of like how ebayers are digital...
I have all I can handle with ebay and Teletrade. Just haven't had time for the real ones except at a couple of paper money auctions at shows.
I think there is a market for raw coins that you can put in your albums. I know of a dealer that buys problem coins off Teletrade which are...
It easily costs me 12% of sales to operate on the Bay. You either have to buy it right or mark it up accordingly.
At my shop in Florida I mainly use it to buy stuff cheap and flip it on the Bay or at shows. I stock Certified Coins for Shop Customers - Anacs,...
Until someone can show a detail and pricing basis on the $145 k vs $85 k this is all just speculation. A 70% markup over cost - so somebody's not...
I see nothing wrong with self slabbing as long as the person is not trying to counterfeit the holder of some TPG and has decent grading skills. On...
Yes I bet they do pretty darned good. Its a great business for them to set up at a hotel with the cash they have and pick up material at their...
Yes all the time, especially if it was one by choice or neglect. When I was newly married I sorta took a break for a few years which I very much...
For me it is the coin and where it falls in the grade range.
I buy quite a lot on the Bay and have been amazed at the deals I have picked up. Even nice CAC coins below CDN Bid - Dollars, Commems, Walkers....
Super site! Thanks - I have bookmarked it. I really like the AU58 1893-CC $20. So many neat coins.
I use codes for cost, retail, grade, and sometimes even one for price guide source. One can be creative and mix up the codes. For instance the...
It may be easy to assume that but the reality is with a shop you have many people walking in that will sell it to you at your price. You can then...
Yes there are a lot of them that will walk. But a lot of shops have enough of them coming in who won't. Ever wonder where all those ebay listings...
It costs a lot to run a shop as the fixed overhead expenses are a killer, especially in this economy. Shops make their money buying it right and...
Right on Right on - The refiner will pay me 98% of spot usually. Unless Bullion goes up (crap shoot), there really is no money in Bullion Coins...
Not steep at all. Ideal would be keystone markup - 100%. Basically it takes a Gross Margin on Sales of 40% to make it in the coin business....
For Retail I prefer the BNR monthly priceguide. For wholesale I use greensheet.
I can see where CAC may be beneficial for big ticket coins over say $500-$1000 but for less valuable coins why waste your money. I buy coins I...
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