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<p>[QUOTE="wxcoin, post: 4618120, member: 74624"]Are you thinking of opening a brick and mortar shop, online only, or a combination of both? It would seem to me that the brick and mortar only shop would be hard to make successful these days. Some dealers have weekly online auctions but I'm not sure how profitable they are. I suppose it's a way to get rid of inventory; especially if the brick and mortar shop doesn't get much foot traffic. Since I've never been a dealer I don't know everything that's involved in a successful coin business. But I imagine that one would be expected to travel to many local, regional, and national coin shows, have a source of cash available to buy collections and be able to move the items in the collections quickly. Those of you on CT who are, or have been, coin dealers will be able to do a better job than myself describing all of the things they have/had to do to run their business. Selling drugs would probably be easier than selling coins.[/QUOTE]</p><p><br /></p>
[QUOTE="wxcoin, post: 4618120, member: 74624"]Are you thinking of opening a brick and mortar shop, online only, or a combination of both? It would seem to me that the brick and mortar only shop would be hard to make successful these days. Some dealers have weekly online auctions but I'm not sure how profitable they are. I suppose it's a way to get rid of inventory; especially if the brick and mortar shop doesn't get much foot traffic. Since I've never been a dealer I don't know everything that's involved in a successful coin business. But I imagine that one would be expected to travel to many local, regional, and national coin shows, have a source of cash available to buy collections and be able to move the items in the collections quickly. Those of you on CT who are, or have been, coin dealers will be able to do a better job than myself describing all of the things they have/had to do to run their business. Selling drugs would probably be easier than selling coins.[/QUOTE]
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