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<p>[QUOTE="sshafer11, post: 2086645, member: 67540"]As someone who has recently transitioned from being exclusively a collector, to a dealer as well, I can speak to a number of points.</p><p><br /></p><p>1. As mentioned, Learn to take losses and make mistakes, if you can't accept a loss (sometimes even BIG ones) then you won't make it. </p><p><br /></p><p>2. Pricing coins for both buying and selling requires cross referencing a lot of different sources. Sometimes I will look at HA.com, the greysheet, PCGS coinfacts, and CCE, all for the exact same coin. Each one of those sources provides a bit of a different glimpse of the market in my opinion. </p><p><br /></p><p>3. Learn from other dealers, be a student of the business and study hard.</p><p><br /></p><p>4. Learn to grade. Grading is easy to learn and hard to master in my opinion. </p><p><br /></p><p>With these 4 points in consideration you can start buying coins at "dealer" prices basically anywhere coins are sold. eBay, coin shows, auctions, ect. </p><p><br /></p><p>It really just depends at that point how much time/energy/and money your willing to devote to it. Unfortunately its not an easy business to just start doing without a lot prior homework and experience. This is probably why most dealers started as collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="sshafer11, post: 2086645, member: 67540"]As someone who has recently transitioned from being exclusively a collector, to a dealer as well, I can speak to a number of points. 1. As mentioned, Learn to take losses and make mistakes, if you can't accept a loss (sometimes even BIG ones) then you won't make it. 2. Pricing coins for both buying and selling requires cross referencing a lot of different sources. Sometimes I will look at HA.com, the greysheet, PCGS coinfacts, and CCE, all for the exact same coin. Each one of those sources provides a bit of a different glimpse of the market in my opinion. 3. Learn from other dealers, be a student of the business and study hard. 4. Learn to grade. Grading is easy to learn and hard to master in my opinion. With these 4 points in consideration you can start buying coins at "dealer" prices basically anywhere coins are sold. eBay, coin shows, auctions, ect. It really just depends at that point how much time/energy/and money your willing to devote to it. Unfortunately its not an easy business to just start doing without a lot prior homework and experience. This is probably why most dealers started as collectors.[/QUOTE]
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