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Message:: [QUOTE="Clawcoins, post: 3133881, member: 77814"]I just read on a facebook forum from some more newbie flippers.  They're losing a bunch of money trying to buy a coin from one site, and sell it in facebook.  Of course, they're learning to now set reserves, of which then it may not sell and it will stay in their inventory.  A few years ago when some of the FB stuff started taking off, I took advantage of it becz I saw coins selling for much less than on eBay.  So I snatched up some things that I liked.  Of course, I think I overpaid for some other stuff too .. so ... It all comes down to your purchase price (ever notice how dealers here say a coin is worth much less versus someone giving a general value guidance); and how much the buyer wants it - especially in a heated auction environment. The more you know about the market for a particular coin, your purchase price, and your overhead costs, the better off you will be.  You'll also have to track when the better times are to sell it (like the day after christmas isn't a good time; although several weeks after when ppl are trying to get something that they really wanted may be a good time). I have some stuff I bought years ago that I'm thinking of selling, but some I overpaid, others I underpaid, and others were about right.  Of course since then some of it's valuation has gone up, others gone down. So some I would make money on, to breakeven to actually losing money.  Oh well ...[/QUOTE]