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<p>[QUOTE=&quot;Just Carl, post: 550379, member: 4552&quot;]My way of thinking about becoming a coin dealer is similar to what happened to all those stores that popped up selling or renting VHS tapes not long ago. At first and naturally the first of anything is usually, not always, the best. With those VHS tapes, soon every grocery store, Kmart, Walmart, were also involved with them and then came those DVD&#039;s. And those two are soon going to be replaced. </p><p>What I mean is due to the recent boom in coin collecting, more and new dealers are going to find a saturated market soon. Only so many coins and only so many collectors and many, many dealers. </p><p>From personal experiences lately I would stay far away from flea markets unless you are in this buisness with others. To many thefts there and no way to chase after a crook. To many people at one time and your stock vaporizes. </p><p>Naturally a coin store is relatively safe but you should consider numerous products to sell also. A little variety to attract people. All coins will only attract a small amount of people. Naturally items like Albums, plastic rolls, 2x2&#039;s, the next smaller sized ones too. All this means a lot invested and if in a bad area, no buisness, then what? </p><p>Coins shows are poping up all over the place and I see more and more dealers there than ever before. One of my favorites is a man and his wife. They order piles of Proof and Uncirc Sets from the Mint. They also have someone in a bank that gets them lots of new coins. Those are thier MS grades for sale. They have many 3 ringed binders and are full of 2x2&#039;s and all from those coins from the bank. Pennies and Nickels are $1. Dimes are $2 or $3. Quarters are $5. Proof and Uncirc sets go for a little more than they paid. They have a really small assortment of other coins. The lady also has a stand of Jewlery for sale. Thier table is always full of customer and they make enough money per one or two shows a month to consider not doing much else. </p><p>I guess to sum up what I&#039;m saying is probably coin shows, if in the right areas, are the best way to make money at this hobby or buiness.[/QUOTE]</p><p><br /></p>

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