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<p>[QUOTE=&quot;Michael K, post: 3309778, member: 78298&quot;]He&#039;s not making enough to survive if he&#039;s being honest. I doubt he is.</p><p>It&#039;s not worth his time. There is a reason coin shops keep going out of business.</p><p>They blame Ebay and that&#039;s a big part of it. They have to make enough of a profit to cover rent, other expenses, salaries and their own income.</p><p>He&#039;s not selling enough things at a $2 markup&nbsp; (or even $25) to do any of that.</p><p>Traditionally coin shops had around a 30% markup but that&#039;s not every transaction.</p><p>Even at that rate you would have to gross 250,000 every year to make any kind of a living. So they need to do a number of big ticket transactions. He&#039;s not getting thousands of people to come in and make a $2 profit on a sale.[/QUOTE]</p><p><br /></p>

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