Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How To Become A Coin Dealer?
>
Reply to Thread
Message:
<p>[QUOTE="beef1020, post: 2085576, member: 24544"]If I were to start I would go down two path's. Find some local shows in your area, I have a couple within an hour each year. I think table's cost around $20 to rent. Set up there, talk with other dealers, and see what they will sell you. </p><p><br /></p><p>The other path would be selling on ebay. It will take a while to build up enough sales to so that people trust you, but the fees are reasonable and the customer base is huge.</p><p><br /></p><p>Lastly, I would pick a specialty and become an expert. Once you start to specialize in coins you begin to see lot's of bargains on ebay. Coins that sell for reasonable prices because non-specialists don't realize what they are. For instance, I collect large cents, late dates in particular. While I don't consider myself an expert, I have been able to cherrypick lots of coins on ebay, then turn around and sell them to collectors who specialize in that area for a little profit. I have no desire to become a dealer, but if I had the time and motivation I am fairly sure I could have.</p><p><br /></p><p>Good luck in your endeavor if you decide to become a coin dealer. As a retirement gig I think it sounds like a lot of fun.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 2085576, member: 24544"]If I were to start I would go down two path's. Find some local shows in your area, I have a couple within an hour each year. I think table's cost around $20 to rent. Set up there, talk with other dealers, and see what they will sell you. The other path would be selling on ebay. It will take a while to build up enough sales to so that people trust you, but the fees are reasonable and the customer base is huge. Lastly, I would pick a specialty and become an expert. Once you start to specialize in coins you begin to see lot's of bargains on ebay. Coins that sell for reasonable prices because non-specialists don't realize what they are. For instance, I collect large cents, late dates in particular. While I don't consider myself an expert, I have been able to cherrypick lots of coins on ebay, then turn around and sell them to collectors who specialize in that area for a little profit. I have no desire to become a dealer, but if I had the time and motivation I am fairly sure I could have. Good luck in your endeavor if you decide to become a coin dealer. As a retirement gig I think it sounds like a lot of fun.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How To Become A Coin Dealer?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...