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My year end inventories, balance sheet & profit and loss statement
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<p>[QUOTE="andrew289, post: 303783, member: 6463"]As long as one speaks in generalities ..I have no problem. </p><p> </p><p>The questions that she asked are not that offensive but then again little offends me. I think you guys are overeacting just a tad ...lol. I mean most are yes or no answers.</p><p> </p><p>did you make a profit or loss?...profit</p><p>are you planning to sell or buy?....buy </p><p>how many complete sets you got?....0</p><p>any money left for next year mint's products?...yes I do.</p><p> </p><p>Was that hard?</p><p> </p><p> </p><p> </p><p>No, low six figures is my total income for the year and obviously that is intentionally vague. There are a lot of folks who make over $100,000 a year out there. My neices high school pricipal make $115,000. So, I don't think that's revealing to much information. My day job is not significant to a family oriented coin collecting site like this...let just say that I'm upper management in the adult entertainment industry.</p><p> </p><p>I'm in the only industry that is 100% recession proof. No matter its a good economy or a bad one ..there is always money for entertainment.</p><p> </p><p>I would guess that about $50,000 is in coins. I start off each year buying a couple Green Monster boxes. Get them graded and then go from there. If I'm blessed with a lot of 70's, I make my money back faster than with a boat load of 69's but thank goodness there are folks who think a 70 means something and the color of the label makes a big difference in price. I don't share the thought but then again I'm not silly enough to buy my own stock. If you want to pay me $100 more for an early release label ... all I have to say is ...God Bless you. The coin cost me 20 bucks.</p><p> </p><p>I love to go to shops and shows and try my hand at cherry picking and try to flip for profit. My favorite series is walkers but I like SLQs as well. Every now and then, I try to make sets out of a bag or 2 of full date buffs but it's been a while. I prefer collecting back date silver eagles..mostly 1991, 1995 and 1996.[/QUOTE]</p><p><br /></p>
[QUOTE="andrew289, post: 303783, member: 6463"]As long as one speaks in generalities ..I have no problem. The questions that she asked are not that offensive but then again little offends me. I think you guys are overeacting just a tad ...lol. I mean most are yes or no answers. did you make a profit or loss?...profit are you planning to sell or buy?....buy how many complete sets you got?....0 any money left for next year mint's products?...yes I do. Was that hard? No, low six figures is my total income for the year and obviously that is intentionally vague. There are a lot of folks who make over $100,000 a year out there. My neices high school pricipal make $115,000. So, I don't think that's revealing to much information. My day job is not significant to a family oriented coin collecting site like this...let just say that I'm upper management in the adult entertainment industry. I'm in the only industry that is 100% recession proof. No matter its a good economy or a bad one ..there is always money for entertainment. I would guess that about $50,000 is in coins. I start off each year buying a couple Green Monster boxes. Get them graded and then go from there. If I'm blessed with a lot of 70's, I make my money back faster than with a boat load of 69's but thank goodness there are folks who think a 70 means something and the color of the label makes a big difference in price. I don't share the thought but then again I'm not silly enough to buy my own stock. If you want to pay me $100 more for an early release label ... all I have to say is ...God Bless you. The coin cost me 20 bucks. I love to go to shops and shows and try my hand at cherry picking and try to flip for profit. My favorite series is walkers but I like SLQs as well. Every now and then, I try to make sets out of a bag or 2 of full date buffs but it's been a while. I prefer collecting back date silver eagles..mostly 1991, 1995 and 1996.[/QUOTE]
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My year end inventories, balance sheet & profit and loss statement
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