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<p>[QUOTE=&quot;dannic113, post: 1400434, member: 35203&quot;]Those cost are overhead and while you won&#039;t have to worry about them you will have other overhead items. Such as if you are working from home insurance premiums on stored merchandise will be much larger. Most villages, cities even counties require business licensing especially if you plan to take business deductions on taxes (maybe even permits and if your home area is a 100% no commercial you would have to fight zoning laws very costly), you have self employment tax no matter where you set up shop because you aren&#039;t an employee and therefore no social security, unemployment, medicare, etc. taxes aren&#039;t being deducted for you. Accountants can do these for you at a cost above and beyond a normal personal tax return. There are also seperate business tax returns (schedules) that must be filed seperately and then combined into personal to show income or loss. You are responsible for collecting and paying your state any sales tax if your state has any or worse yet if there are special taxes levied on coins and bullion sales. There are things like new tax laws and forms that need to be sent out when bullion purchases and sales meet certain conditions or reach monetary thresholds. There is so much this is just a few things off&nbsp; the top of my head. Not to discourage you but talk to a coin shop owner especially one that does direct internet sales not an ebay store, ask a business lawyer, an commercial accountant. They will give you a laundry list of things you will need to do, have and be ready to show via documentation to get up and running. As for the ANA, PNG thing. It really doesn&#039;t matter execpt when ethics are involved. For what it&#039;s worth most people like the PNG number it&#039;s a placebo because those dealers are supposed to be more honest and ethical. Plus it gives them a governing body to complain to. In reality it&#039;s a mixed bag you get some with no ethics and are ANA or PNG and some that do same goes for a coin dealer with no credentials at all. I know may who think the ANA is kind of a joke and unethical simply for the reason that they sell lifetime memberships to anyone..curious on looker, collector, dealer. Kind of like pay to play politics.[/QUOTE]</p><p><br /></p>

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