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<p>[QUOTE="goldcollector, post: 2751625, member: 9088"]I think if you want to be a dealer these days ur just better off selling on EBay. Get a good rep and 100% ,or near feedback and you will start getting 100% or more for what the coin is worth. Many times you get 125% or more of its real value.</p><p><br /></p><p>If by a coin dealer you mean actually having a coin shop I would say no way. Its dangerous and you will have to spend a lot of money in security. Even so I'm going to guarantee you that you will have the barrel of s gun at ur head at least once probably twice or 3 times. You will have inventory loss in fact a lot. You are going to have a lot of desperate people bringing in garbage like 1950s and 1960s nickels in thinking they are worth something big cause they are old and you get to tell them the good news that they are all valuable ….. 5 cents each valuable. For every ounce of silver you sell you are gonna buy 10 ounces and they expect over spot since its just about to be $40 an ounce why can't you pay them $20. But the best you can offer is $15 since you already have a ton in stock ur gonna have to ship it to jmbullion or apmex and cover the shipping which means you might break even buying it at $15. He agrees sinces he's desperate for cash but he acts like ur scum ripping him off of his highly valuable silver. You would rather he never came in. Most of ur clientele will be old men, tweekers, and the desperate. You might go a month without ever seeing an even moderately attractive female. If a piece of gold ever comes in the door you better enjoy the beauty fast cause it will be gone real fast. Everyone who is trying to sell you a numismatic piece will think its MS and if the book says its worth $400 then you should pay them $400 or more. They don't realize you have overhead, have to make money, and probably wont get the $400 when you sell. You will grow to hate silver like the cancerous tumor on the coin industry that it is. I promise you will. There is nothing about being a coin dealer that is even close to a dream job.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 2751625, member: 9088"]I think if you want to be a dealer these days ur just better off selling on EBay. Get a good rep and 100% ,or near feedback and you will start getting 100% or more for what the coin is worth. Many times you get 125% or more of its real value. If by a coin dealer you mean actually having a coin shop I would say no way. Its dangerous and you will have to spend a lot of money in security. Even so I'm going to guarantee you that you will have the barrel of s gun at ur head at least once probably twice or 3 times. You will have inventory loss in fact a lot. You are going to have a lot of desperate people bringing in garbage like 1950s and 1960s nickels in thinking they are worth something big cause they are old and you get to tell them the good news that they are all valuable ….. 5 cents each valuable. For every ounce of silver you sell you are gonna buy 10 ounces and they expect over spot since its just about to be $40 an ounce why can't you pay them $20. But the best you can offer is $15 since you already have a ton in stock ur gonna have to ship it to jmbullion or apmex and cover the shipping which means you might break even buying it at $15. He agrees sinces he's desperate for cash but he acts like ur scum ripping him off of his highly valuable silver. You would rather he never came in. Most of ur clientele will be old men, tweekers, and the desperate. You might go a month without ever seeing an even moderately attractive female. If a piece of gold ever comes in the door you better enjoy the beauty fast cause it will be gone real fast. Everyone who is trying to sell you a numismatic piece will think its MS and if the book says its worth $400 then you should pay them $400 or more. They don't realize you have overhead, have to make money, and probably wont get the $400 when you sell. You will grow to hate silver like the cancerous tumor on the coin industry that it is. I promise you will. There is nothing about being a coin dealer that is even close to a dream job.[/QUOTE]
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