Becoming a coin dealer

Discussion in 'Coin Chat' started by Mr. Coin Lover, Mar 22, 2009.

  1. Harryj

    Harryj Supporter**

    Yes; also taking into consideration the slabbing fees. The modern slabbing craze has developed into insane proportions. Granted, MS or PF 70 coins receive a premium; However I'll take a pre-1950 slabbed coin in MS-65 0r 66 V.S. a Modern slabbed MS-70 coin.
     
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  3. Arizona Jack

    Arizona Jack The Lincoln-ator

    There are dealers who specialize in the moderns and will have you covered at every turn, submissions at bulk rate, huge purchase blocks and advertising contracts long term, and an established network of dealers already. The modern market is a toughie , profit margins are so low, and you can live or die by " the eye ". You have to know what grades to expect or you'll be stuck with MS-65 doggies that go unsold because 67-68-69-70 is the in thing........
     
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