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<p>[QUOTE="satootoko, post: 38349, member: 669"]Welcome to the forum coincrazy. <ul> <li>Are you a knowledgeable collector?</li> <li> Can you grade both circulated and MS/PF grade coins?</li> <li> Do you know how and where to get the latest pricing information?</li> <li> Do you have a library of reference books on the category or categories of coins you want to deal in?</li> <li> Do you have adequate finances to acquire a reasonable inventory?</li> <li> Do you have a basic understanding of how to run a business, including the accounting aspects?</li> </ul><p>I've only sampled the subject, but if you can't answer all of those questions affirmatively, how can you expect to deal in coins successfully?</p><p><br /></p><p>Speedy is absolutely right about the dealer/hobby question. Unless you have unlimited financial resources, you can't really "collect" inventory. Also, as he said, there have been many prior threads on the subject. </p><p><a href="http://www.cointalk.org/showthread.php?t=703" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.cointalk.org/showthread.php?t=703" rel="nofollow">Click here</a> and <a href="http://www.cointalk.org/showthread.php?t=4955" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.cointalk.org/showthread.php?t=4955" rel="nofollow"> here</a> for a couple of them.[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 38349, member: 669"]Welcome to the forum coincrazy. [list][*]Are you a knowledgeable collector?[*] Can you grade both circulated and MS/PF grade coins?[*] Do you know how and where to get the latest pricing information?[*] Do you have a library of reference books on the category or categories of coins you want to deal in?[*] Do you have adequate finances to acquire a reasonable inventory?[*] Do you have a basic understanding of how to run a business, including the accounting aspects?[/list]I've only sampled the subject, but if you can't answer all of those questions affirmatively, how can you expect to deal in coins successfully? Speedy is absolutely right about the dealer/hobby question. Unless you have unlimited financial resources, you can't really "collect" inventory. Also, as he said, there have been many prior threads on the subject. [URL=http://www.cointalk.org/showthread.php?t=703]Click here[/URL] and [URL=http://www.cointalk.org/showthread.php?t=4955] here[/url] for a couple of them.[/QUOTE]
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