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<p>[QUOTE=&quot;Arizona Jack, post: 455773, member: 9308&quot;]I have many coins on consignment, I just posted a photo this weekend of a new batch of material. Yes, we pre-arrange my cost and I will work on a percentage for listing a coin on my website. I have room at shows on the coins on consignment because I will try to get the best price of course, but always have a risk free &quot; bottom &quot;. Many times I have sold at no profit just to help out a friend.</p><p>&nbsp;</p><p>On the revolving credit, never finance a coin that you cannot buy right, or flip quick.......as stated above, paying interest on storing inventory will break you. The trick to the financing part is sell quick, have buyers lined up or get a good deal.</p><p>&nbsp;</p><p>Another way is to service want lists.</p><p>You have a list of coins &quot; pre sold &quot;, you job is to find them. You can work closer that way and the risk is minimal. You must have a good eye tho, or you&#039;ll get stuck, or worse case, your &quot; clients&quot; will lose confidence in your ability to track down their wants.</p><p>&nbsp;</p><p>Another part of selling at a profit is to know when the right time to lose is. It is better to move the old guard out at a loss at times, just to generate new cashflow and get the money working again. Money in the case for long periods of time is money you cannot &quot; work &quot;. Get that bad money moving again, it can turn to good money if you do it right.</p><p>&nbsp;</p><p>To sell right, you have to buy right.</p><p>&nbsp;</p><p>The best part of a coin show that I enjoy, is after set-up, to hit the floor and cherry the others to get the coins that I want in my case. Hit the oddballs, the &quot; a bit of everything &quot; dealers will many times not know or care if they have a primo thats your specialty. You job as a profitable dealer is to recognise those coins and grab them up.</p><p>&nbsp;</p><p>Look for &quot; liners&quot;. Easy and choice for the grade slabbers that you can buy at generic levels. </p><p>&nbsp;</p><p>This can go on and on. I will post MY thoughts on buying right on a new thread soon. It can be done. The snowball theory, one revolution at a time. Huge profits are not neccesary if the RPM is fast enough !!![/QUOTE]</p><p><br /></p>

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