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<p>[QUOTE="Owle, post: 1855704, member: 22004"]If you look at how the best coin dealers in the northeastern US operate, with diverse inventory to attract many customers with precious metals as the bread and butter and the numismatics as an additional aspect to their business, but not the centerpiece, you will get a sense of what it takes to make a living in this business regionally. I see many dealers not having successful business plans with online inventories or being particularly open to having customers look through their material unless they are "serious" at the prices that the dealer inflates their inventory at. Many have no return policies and unlike Walmart, "no return" policies do not help build or maintain a business. Some dealers have personalities that do not help them, too selfish, no exercise programs, poor diets basically bullies who want everything their way. Results are therefore predictable.</p><p><br /></p><p>Going to numerous coin shows is probably necessary for many dealers to maintain their business presence regionally even if they do not make much money at many of the shows. It is no fun to be standing around doing little in the way of business or hearing both good and bad banter, but that is the what you probably have to do with large established businesses.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1855704, member: 22004"]If you look at how the best coin dealers in the northeastern US operate, with diverse inventory to attract many customers with precious metals as the bread and butter and the numismatics as an additional aspect to their business, but not the centerpiece, you will get a sense of what it takes to make a living in this business regionally. I see many dealers not having successful business plans with online inventories or being particularly open to having customers look through their material unless they are "serious" at the prices that the dealer inflates their inventory at. Many have no return policies and unlike Walmart, "no return" policies do not help build or maintain a business. Some dealers have personalities that do not help them, too selfish, no exercise programs, poor diets basically bullies who want everything their way. Results are therefore predictable. Going to numerous coin shows is probably necessary for many dealers to maintain their business presence regionally even if they do not make much money at many of the shows. It is no fun to be standing around doing little in the way of business or hearing both good and bad banter, but that is the what you probably have to do with large established businesses.[/QUOTE]
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