Message:

<p>[QUOTE=&quot;Player11, post: 996223, member: 26725&quot;]It may be easy to assume that but the reality is with a shop you have many people walking in that will sell it to you at your price. You can then instantly sell it on the Bay and make good money. As a dealer I only try to keep slightly more than enough coins and currency to fill up my cases (at CDN Ask plus about 10%) and keep the rest of my investment in a combo of ready cash to buy the right deal coupled with my bullion position and real estate holdings. If your gonna be a dealer forget about being a collector / investor.</p><p>&nbsp;</p><p>An online store has less overhead than a shop but your competing with everyone who is giving away the stuff at bid or opening at 99c. And probably most of those folks have a shop where its walking in at 60% of bid or less. Can be tough considering the fixed costs of online store and variable selling expenses (Bay). A guy I know running an ebay store says he has gotta make 12-15% over cost just to break even. He runs a newspaper ad &quot;Private Collector paying top dollar for coins and currnecy&quot; and sometimes gets some blowout material cheap that way - its hit and miss. It pays for his other hobbies but thats about it.[/QUOTE]</p><p><br /></p>

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