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<p>[QUOTE=&quot;Kasia, post: 2915904, member: 31533&quot;]For a short time I was selling varying things on ebay, whatever I could find that I thought might sell. And to either buy very low, or sometimes not so low but with the expectation that I could possibly still make a profit, and if so, maybe a large one. What I found, in general, is that if of the things you place for sale you sell and make about four times the amount you paid (in aggregate) for the items you sold and you sell 3/4 of the items you bought to sell, having to sometimes getting rid of non-sellers (note: I sold all sorts of items so I am not just talking coins) by giving them to goodwill or the trash, depending on the item, you can at least make some money. Now you then have to have quite a bit of inventory and the place to keep it and have it ready to pack and ship, and store mailing materials. Not too bad for a small operation.</p><p><br /></p><p>But seriously, I would have a run of luck and sell a bit, and ship them out but unless I was constantly looking for new inventory, I found I only had my non-sellers or those that would sell slowly. I think in some respects coins are like this. You have to constantly be looking to get new material to sell, and focus on getting the ones that sell well and either easily or well for a smaller defined market but one where they are actively looking for certain things. You can&#039;t allow yourself to get stale because you then have to regroup and act a lot like you are starting from scratch. You also have to be mentally making notes about what you are having successes on and focus on that type and stay away from the things you find are bad sellers. </p><p><br /></p><p>I think if I ever start again looking for coins to buy sell or even other items, it would help to have a checklist for each item to try to ensure I was not just speculating wildly, and have that checklist include a place to figure max price to pay as well as a place that once checked is a place that tells me no matter what happens in the bidding, I have already placed my last bid, even if it was not my max. That way I could later track my successes and failures against different criteria and even on the amount I paid relative to what I figured the max bid would be.[/QUOTE]</p><p><br /></p>

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