Reply to Thread

Message:: [QUOTE="T-Bone0804, post: 1001635, member: 24608"]I will let it be known that I would like to be a coin dealer.... Of course, having been collecting for less than a year, and only having read a handful of books, I'm obviously not even close.  But I was wondering on two things. What should one who aspires to be a coin dealer begin. Most of the dealers I've been to have thousands of coins in their inventories, and are able to get coins their customers want pretty easily. How are they able to do it. I don't mean looong establed dealers who have been in the coin business for generations. I mean first generation businessmen who want to open a dealership. Where do they get inventory that will sell for a profit. And my second question ties in with the first: do dealers use sites like this to bulk up their stock from time to time? <a href="http://www.collectorsinternet.com/wholesalebulklots.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.collectorsinternet.com/wholesalebulklots.htm" rel="nofollow">http://www.collectorsinternet.com/wholesalebulklots.htm</a>I was considering picking up the 100 coins for $185 offer to test some of my grading capabilities and boost my collection.  I realize that the coins you get are random making it something of a crap-shoot, but is the $1.85/coin price point realistic wholesale. Or retail? Good deal, bad deal, terrible deal? Trying to do my best to learn. All comments appreicated![/QUOTE]