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<p>[QUOTE="huntsman53, post: 342836, member: 1242"]hamman,</p><p><br /></p><p>You shouldn't underestimate the selling potential of Flea Markets! If you can purchase coins cheap and sell them fairly cheap and have a large customer base (large Flea Market that gets a lot of customer traffic), then a person can do fairly well. The bad thing about Flea Markets is that when the ecomnomy is bad and gas prices high, Flea Market customers don't purchase much and they purchase less coins!</p><p><br /></p><p>I used to sell at a couple of local Flea Markets and I have had days when I had sales of $500 to $800 and other days when I hardly had sales above $20. I have a Coin Dealer friend (Ed) that has a fairly large space inside a local Inside/Outside Flea Market that has almost tripled his inventory and sells every year for the past two to three years. Before that, he was still able to maintain a decent inventory and amout of sales long enough that it finally paid off and the result was that he was able to increase both his inventory and sales. His sales were so good, that he was able to get rid (out sell) of two other fairly large inventory Coin Dealers that had spaces inside as well as get rid of the smaller (outside but under cover) Coin Dealers like myself and my friend Tom. No matter how cheap my coins were priced, people would still go to Ed to buy coins (many of which were the same Dates, Mint Marks, Series and Grades) at higher prices, apparently because he had much, much more to choose from.</p><p><br /></p><p><br /></p><p>Frank[/QUOTE]</p><p><br /></p>
[QUOTE="huntsman53, post: 342836, member: 1242"]hamman, You shouldn't underestimate the selling potential of Flea Markets! If you can purchase coins cheap and sell them fairly cheap and have a large customer base (large Flea Market that gets a lot of customer traffic), then a person can do fairly well. The bad thing about Flea Markets is that when the ecomnomy is bad and gas prices high, Flea Market customers don't purchase much and they purchase less coins! I used to sell at a couple of local Flea Markets and I have had days when I had sales of $500 to $800 and other days when I hardly had sales above $20. I have a Coin Dealer friend (Ed) that has a fairly large space inside a local Inside/Outside Flea Market that has almost tripled his inventory and sells every year for the past two to three years. Before that, he was still able to maintain a decent inventory and amout of sales long enough that it finally paid off and the result was that he was able to increase both his inventory and sales. His sales were so good, that he was able to get rid (out sell) of two other fairly large inventory Coin Dealers that had spaces inside as well as get rid of the smaller (outside but under cover) Coin Dealers like myself and my friend Tom. No matter how cheap my coins were priced, people would still go to Ed to buy coins (many of which were the same Dates, Mint Marks, Series and Grades) at higher prices, apparently because he had much, much more to choose from. Frank[/QUOTE]
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Continuing flea market horror story
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