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Has anyone made a decent profit buying and selling coins
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<p>[QUOTE="-jeffB, post: 1514717, member: 27832"]How do you propose to get coins at lower prices than your local dealers pay?</p><p><br /></p><p>I've bought underpriced or poorly-described lots on eBay at prices low enough that I could profit by selling to dealers at coin shows -- due to immediate competition, dealers typically must make stronger offers at shows. I've also bought when PMs were low, then sold when they went up.</p><p><br /></p><p>On the other hand, I've bought lots on eBay where the price I paid wasn't that great, and I've bought when PMs were higher than they are now. I'm underwater on quite a bit of stuff at the moment.</p><p><br /></p><p>You can make some money, but I don't think it's nearly as easy as you appear to assume.</p><p><br /></p><p>The one way that you're guaranteed not to lose money is by coin roll searching, where you get everything at face value. All you stand to lose is time.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 1514717, member: 27832"]How do you propose to get coins at lower prices than your local dealers pay? I've bought underpriced or poorly-described lots on eBay at prices low enough that I could profit by selling to dealers at coin shows -- due to immediate competition, dealers typically must make stronger offers at shows. I've also bought when PMs were low, then sold when they went up. On the other hand, I've bought lots on eBay where the price I paid wasn't that great, and I've bought when PMs were higher than they are now. I'm underwater on quite a bit of stuff at the moment. You can make some money, but I don't think it's nearly as easy as you appear to assume. The one way that you're guaranteed not to lose money is by coin roll searching, where you get everything at face value. All you stand to lose is time.[/QUOTE]
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Has anyone made a decent profit buying and selling coins
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