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<p>[QUOTE=&quot;SilverWilliesCoinsdotcom, post: 2916145, member: 86795&quot;]A key factor in any low margin business is minimizing the time you hold inventory. If you buy a coin for $1500 and hold it for a year and sell it for $2000, you might think you made $500 bucks, and you did, but if I can move 100 coins a month I buy for $15 apiece for $17 bucks each, $200 bucks a month over that year is $1200 in profit. </p><p><br /></p><p>If you look at it like your gross profit divided by the time you held the item is an hourly wage, it hits home better for some folks. I don&#039;t make money either, but my hobby does pay for itself. Sometimes. </p><p><br /></p><p>I do find though that when I buy a low cost item these days, unless it&#039;s just something I REALLY want, I take into account how popular an item it is, as that&#039;s going to affect how quickly I can flip it. More often, when I DO make money, I buy 5, keep one, save on shipping and get rid of the other four as quickly as possible. </p><p><br /></p><p>In THAT case, I make a little money, which&nbsp; is sort of a fun game, but the real reason I made anything at all is that I maximized the weight of what you can ship for $2.77, or whatever USPS weight break. </p><p><br /></p><p>My bottom line for myself though is that I know I&#039;m not a real dealer, but I do get to play one on the Internet, and I&#039;m doing that for the fun of it. And if I&#039;m not having fun, I do something else.[/QUOTE]</p><p><br /></p>

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