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<p>[QUOTE="Vess1, post: 1261458, member: 13650"]Well, I'm willing to help for a fee. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p> All kidding aside, why do you feel the need to jump into the coin business so fast? At the LEAST, if you really want to enjoy the hobby, I would think you would sit back, learn the ropes and just collect for a while. Many will say once you turn it into a business, it's hard to enjoy the hobby as much. You might find coins don't even interest you anymore. If you and your buddy are still interested after 10 years, then maybe there's something there. </p><p><br /></p><p> Truth be told, I've heard dealers are a tight knit group. They buy a lot of inventory between each other at wholesale or less. I've gotten the impression that any Joe Blow off the street that comes along thinking they're going to set the world on fire, isn't going to join the club over night. I think it's a unique business. You better be at the top of your game and highly knowledgeable if you want any respect or expect to turn a profit. It's a different world than most businesses.</p><p> </p><p> I'm just a collector. As an adult, I've collected pretty hard since 2008. I've read and studied a lot. Been to a lot of shows. Have seen a lot.</p><p><br /></p><p> I feel like I'm up on quite a bit but after a few years, I can't say I have specialized knowledge in any one thing. I can say the counterfeits pouring in from China are scary and you better be able to spot one. Especially the Morgans. I think fake Morgans fool people on these forums occasionally. With the right size, weight, metal content, and look with no major flaws, they fool dealers at shows. A dealer at one show was going to buy a whole set of them for 30k before the seller tipped them off that they were Chinese fakes. And these are people that know what they're doing!! They make fakes of everything nowadays. Not just the key dates. People in the US buy them from China for next to nothing and then re-list them as the real thing for pure profit.</p><p><br /></p><p> Well good luck with whatever you decide to do. I'm sure you know there's a lot to learn before you jump in the game.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1261458, member: 13650"]Well, I'm willing to help for a fee. :D All kidding aside, why do you feel the need to jump into the coin business so fast? At the LEAST, if you really want to enjoy the hobby, I would think you would sit back, learn the ropes and just collect for a while. Many will say once you turn it into a business, it's hard to enjoy the hobby as much. You might find coins don't even interest you anymore. If you and your buddy are still interested after 10 years, then maybe there's something there. Truth be told, I've heard dealers are a tight knit group. They buy a lot of inventory between each other at wholesale or less. I've gotten the impression that any Joe Blow off the street that comes along thinking they're going to set the world on fire, isn't going to join the club over night. I think it's a unique business. You better be at the top of your game and highly knowledgeable if you want any respect or expect to turn a profit. It's a different world than most businesses. I'm just a collector. As an adult, I've collected pretty hard since 2008. I've read and studied a lot. Been to a lot of shows. Have seen a lot. I feel like I'm up on quite a bit but after a few years, I can't say I have specialized knowledge in any one thing. I can say the counterfeits pouring in from China are scary and you better be able to spot one. Especially the Morgans. I think fake Morgans fool people on these forums occasionally. With the right size, weight, metal content, and look with no major flaws, they fool dealers at shows. A dealer at one show was going to buy a whole set of them for 30k before the seller tipped them off that they were Chinese fakes. And these are people that know what they're doing!! They make fakes of everything nowadays. Not just the key dates. People in the US buy them from China for next to nothing and then re-list them as the real thing for pure profit. Well good luck with whatever you decide to do. I'm sure you know there's a lot to learn before you jump in the game.[/QUOTE]
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