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<p>[QUOTE="jimmy_goodfella, post: 15588, member: 919"]yeah volume<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>i have found that very small pofit margins, to make profit you need to shify a lot of volume.This however takes a lot of money.</p><p><br /></p><p>i have been buying mixed lots of foriegn coins from people that look like they dont know much about there coins then working through them for anything valuable then just selling them back on.Got a few nice coins like this but definetly would need a lot more of these to make some money outta it and there just aint the volume of this source on ebay.</p><p><br /></p><p>you say 80% of trade is between dealers there must be lot of fresh money coming into the trade to pay all the dealers wages.or they coins would just float about as if in a mini stock market.</p><p><br /></p><p>i think your so right its volume i had to ask because im wondering is there something im missing </p><p><br /></p><p>ive just purchased just over 400 ounces of 50% silver uk coinage from a couple of sources and intend breaking up into small retail lots of nice mixes andgiving that a go.I think though im looking at making only tops 1.50 uk pounds off each transaction so to make good money i would need to sell a lot of volume.I also sell 1 gram gold bars that are bought mostly as a novelty but these im making very little on due to competition.[/QUOTE]</p><p><br /></p>
[QUOTE="jimmy_goodfella, post: 15588, member: 919"]yeah volume:) i have found that very small pofit margins, to make profit you need to shify a lot of volume.This however takes a lot of money. i have been buying mixed lots of foriegn coins from people that look like they dont know much about there coins then working through them for anything valuable then just selling them back on.Got a few nice coins like this but definetly would need a lot more of these to make some money outta it and there just aint the volume of this source on ebay. you say 80% of trade is between dealers there must be lot of fresh money coming into the trade to pay all the dealers wages.or they coins would just float about as if in a mini stock market. i think your so right its volume i had to ask because im wondering is there something im missing ive just purchased just over 400 ounces of 50% silver uk coinage from a couple of sources and intend breaking up into small retail lots of nice mixes andgiving that a go.I think though im looking at making only tops 1.50 uk pounds off each transaction so to make good money i would need to sell a lot of volume.I also sell 1 gram gold bars that are bought mostly as a novelty but these im making very little on due to competition.[/QUOTE]
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