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<p>[QUOTE=&quot;gxseries, post: 1778406, member: 4373&quot;]Well I don&#039;t know how much a coin dealer would have in his inventory but there was a time when I remember a small money exchange dealer was robbed many years ago. Turns out he lost around 50-60,000 dollars in various foreign currencies or so (can&#039;t quite remember the figures but it was a lot back then). This was in the papers so yeah, that shocked a lot of people. That&#039;s how much money he has to hold onto if he needs to make monthly salary, rent, electricity and so forth. </p><p>&nbsp;</p><p>I would expect a coin dealer to have a fair amount of stocks to make enough to cover rent, living expenses and so forth. 10,000 dollars would just go straight to rent in some places especially in big places. </p><p>&nbsp;</p><p>I&#039;m sure there are a couple of coin dealers here. Lostdutchman is one of them so you might want to PM him.</p><p>&nbsp;</p><p>Best recommendation is, do this as a hobby unless you really understand what you are doing and had some business related experience. Factor in inventory, insurance, taxes, overheads, security, supply and demand etc and on top of that, you want to live comfortably, let&#039;s say 2 - 4 k per month towards your salary after deducting all that.</p><p>&nbsp;</p><p>You realize that coins are something that no one is forced to buy like staple food - it&#039;s a &quot;luxury&quot; item and that people will only spend if they want to. You only make money after you make a sale - coins that are sitting in trays / inventory will not bring you any interest. At times like this when you hear the word unemployment and coupled with competition from ebay - best of luck.</p><p>&nbsp;</p><p>Now I would like to hear why you think it&#039;s doable with limited funds.[/QUOTE]</p><p><br /></p>

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