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<p>[QUOTE="cpm9ball, post: 1261227, member: 24633"]Being well-educated, experienced in business, having deep pockets and not averse to risk-taking are all admirable qualities, but Conder said it best, and it really isn't a joke about starting with $2 million to end up with a $1 million inventory.</p><p><br /></p><p>There are so many variables that can apply to one series and not to others. Every series has their keys & semi-keys. One grade bumps can mean the difference in a four-figure value or more, and they're different for every type and denomination. Are you going to pull out your handy-dandy Red Book, CDN or ANA Grading Standards for every coin that comes into your store? Learning to grade takes a long time for each series, and then there is market grading. </p><p><br /></p><p>Today, China is turning out fakes that are fooling some of the best dealers around. How do you expect to be able to overcome an obstacle like this in two years when some of these dealers having 30-40 years experience can't?</p><p><br /></p><p>I was a bartender for 20 years, and I was very, very good at it. I never worked at a bar where I didn't increase sales and profits. In those 20 years, I have met an untold number of "entrepreneurs" who had always wanted to own a bar simply because they spent so many years with their elbow propped on the other side of it. The problem with that is, and I was never able to convince someone like that otherwise, that just because you have the money doesn't mean you know the right way to run a bar.</p><p><br /></p><p>Sure! It's your money, and you can do what you want, but please let me know when you open your B&M. I'll order a huge shipment from China to sell to you at very good prices.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="cpm9ball, post: 1261227, member: 24633"]Being well-educated, experienced in business, having deep pockets and not averse to risk-taking are all admirable qualities, but Conder said it best, and it really isn't a joke about starting with $2 million to end up with a $1 million inventory. There are so many variables that can apply to one series and not to others. Every series has their keys & semi-keys. One grade bumps can mean the difference in a four-figure value or more, and they're different for every type and denomination. Are you going to pull out your handy-dandy Red Book, CDN or ANA Grading Standards for every coin that comes into your store? Learning to grade takes a long time for each series, and then there is market grading. Today, China is turning out fakes that are fooling some of the best dealers around. How do you expect to be able to overcome an obstacle like this in two years when some of these dealers having 30-40 years experience can't? I was a bartender for 20 years, and I was very, very good at it. I never worked at a bar where I didn't increase sales and profits. In those 20 years, I have met an untold number of "entrepreneurs" who had always wanted to own a bar simply because they spent so many years with their elbow propped on the other side of it. The problem with that is, and I was never able to convince someone like that otherwise, that just because you have the money doesn't mean you know the right way to run a bar. Sure! It's your money, and you can do what you want, but please let me know when you open your B&M. I'll order a huge shipment from China to sell to you at very good prices. Chris[/QUOTE]
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