Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
A Newbie's Wish for Coin Shows
>
Reply to Thread
Message:
<p>[QUOTE="geekpryde, post: 2011387, member: 36248"]Yeah, slabs help. But this is NOT a slab-only system.</p><p><br /></p><p>What do dealers do now when they buy a collection of raw coins and unload it at the same show? Are they recording this on pen & paper now?? Are they not recording the coins at all? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie98" alt=":wacky:" unselectable="on" unselectable="on" /></p><p><br /></p><p>The only people my system would be more work for are people with photographic memories who record all the buy /sell stuff <u>after</u> the show, and for dealers who don't record anything other than Net $500 at Show X. (IRS probably doesn't like those guys)</p><p><br /></p><p>My system merely replaces whatever good record-keeping dealers are currently doing, with a database version that can then speak to a centralized system at the show. Heck, even if you skip the centralized aspect of it, and it's only dealer-by-dealer, think about how great this would be.</p><p><br /></p><p>Any collector could use their phone, tablet, desktop in hotel lobby, etc., to bring up the dealers website, and see a "live" list of what is currently available at the dealers table. Not necessarily with photos. At this point, just a simple list of coin, grade, grading service or raw, price, etc.</p><p><br /></p><p>The collector or other dealer could chose to walk over to that table, or find better hunting grounds elsewhere. Its all about data-capture at time of buy and sell event. its about maximizing efficiency for the collector AND the dealer. </p><p><br /></p><p>My guess would be that "Great" dealers of the near-future will record ALL transactions in an electronic manner, and use that same internal system to show <u>select fields</u> to a customer-facing website / app. (Obviously, you wouldn't share where a dealer got the coin, or the price paid, and other "private" details of a transaction.)</p><p><br /></p><p>Why keep multiple databases / ledgers / notes / inventory systems / CRM / when a single database can drive all of this, and be in real-time?</p><p><br /></p><p>I guess Ill keep dreaming. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="geekpryde, post: 2011387, member: 36248"]Yeah, slabs help. But this is NOT a slab-only system. What do dealers do now when they buy a collection of raw coins and unload it at the same show? Are they recording this on pen & paper now?? Are they not recording the coins at all? :wacky: The only people my system would be more work for are people with photographic memories who record all the buy /sell stuff [U]after[/U] the show, and for dealers who don't record anything other than Net $500 at Show X. (IRS probably doesn't like those guys) My system merely replaces whatever good record-keeping dealers are currently doing, with a database version that can then speak to a centralized system at the show. Heck, even if you skip the centralized aspect of it, and it's only dealer-by-dealer, think about how great this would be. Any collector could use their phone, tablet, desktop in hotel lobby, etc., to bring up the dealers website, and see a "live" list of what is currently available at the dealers table. Not necessarily with photos. At this point, just a simple list of coin, grade, grading service or raw, price, etc. The collector or other dealer could chose to walk over to that table, or find better hunting grounds elsewhere. Its all about data-capture at time of buy and sell event. its about maximizing efficiency for the collector AND the dealer. My guess would be that "Great" dealers of the near-future will record ALL transactions in an electronic manner, and use that same internal system to show [U]select fields[/U] to a customer-facing website / app. (Obviously, you wouldn't share where a dealer got the coin, or the price paid, and other "private" details of a transaction.) Why keep multiple databases / ledgers / notes / inventory systems / CRM / when a single database can drive all of this, and be in real-time? I guess Ill keep dreaming. :D[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
A Newbie's Wish for Coin Shows
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...