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Lots of questions relating to making money buying and selling coins.
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<p>[QUOTE="19Lyds, post: 2124797, member: 15929"]I'll answer your question.</p><p><br /></p><p>Buy low and sell high. Coin Shows, online Merchants, US Mint, eBay.</p><p><br /></p><p>OR</p><p><br /></p><p>Buy "eye appealing" coins when a dealer is asking low money for them which you can then sell at a premium over what you paid to "known" buyers.</p><p><br /></p><p>OR</p><p><br /></p><p>Keep your thumb on the pulse of the US Mint and buy as many as you can afford of the "next best thing" (i.e. The Roosevelt Reverse Proof), submit them for grading and sell to the highest bidder. (True Flipping)</p><p><br /></p><p>BUT, "beware", since it is a dog eat dog world out there and making money with ANY consistency is extremely difficult to do despite how easy it appears.</p><p><br /></p><p>Of course, you could always concentrate on a single series, become an expert in that series and then support the market for that series.</p><p><br /></p><p>Regardless of what approach that is taken, you'll have to look at a lot and I mean A LOT of Coins before you'll know what to buy and when to buy it for resale. You'll also have to invest "your" money into the knowledge that you pick up along the way knowing full well that you could "lose" money with a poor choice.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2124797, member: 15929"]I'll answer your question. Buy low and sell high. Coin Shows, online Merchants, US Mint, eBay. OR Buy "eye appealing" coins when a dealer is asking low money for them which you can then sell at a premium over what you paid to "known" buyers. OR Keep your thumb on the pulse of the US Mint and buy as many as you can afford of the "next best thing" (i.e. The Roosevelt Reverse Proof), submit them for grading and sell to the highest bidder. (True Flipping) BUT, "beware", since it is a dog eat dog world out there and making money with ANY consistency is extremely difficult to do despite how easy it appears. Of course, you could always concentrate on a single series, become an expert in that series and then support the market for that series. Regardless of what approach that is taken, you'll have to look at a lot and I mean A LOT of Coins before you'll know what to buy and when to buy it for resale. You'll also have to invest "your" money into the knowledge that you pick up along the way knowing full well that you could "lose" money with a poor choice.[/QUOTE]
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Coin Talk
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Lots of questions relating to making money buying and selling coins.
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