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<p>[QUOTE=&quot;IdesOfMarch01, post: 2916303, member: 39084&quot;]This is the essence of being an ancient coin dealer about which I&#039;m most curious.&nbsp; While you can&#039;t escape the business reality of needing to turn over your inventory (if you want to be profitable), selecting that inventory is critical to success.&nbsp; It&#039;s not the same as stocking a bunch of Ford SUVs or the latest Transformer toys and waiting for the manufacturers&#039; advertising to move them off the shelves.</p><p><br /></p><p>My dealer who evaluates and bids on coin for me used to have a retail operation and publish a yearly catalog.&nbsp; He had a very discerning eye for high-quality coins that were bargains at certain auctions, or were brought to him by private clients.&nbsp; For coins that I bought from his inventory, he made 40% - 80% profit on such coins, a testament to his expertise and judgement. But lately he focuses more on auctions, making his profits from the fee that I and his other clients (as well as the auction houses) pay him.&nbsp; </p><p><br /></p><p>My dealer&#039;s model is applicable only to the kinds of coins that I purchase, and doesn&#039;t translate to the coins sold by most VCoins dealers.&nbsp; So I remain curious about how dealers in these coins select their inventory and make a living selling them.[/QUOTE]</p><p><br /></p>

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