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The End of the Local Coin Shop?
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<p>[QUOTE="The Eidolon, post: 4530631, member: 102103"]I hope that local shops don't close, but it's hard to predict.</p><p>Perhaps many of them can still make some money through internet sales, even if </p><p>they can't buy a lot of new stuff for a while. One owner told me he could live off </p><p>internet sales (this was pre-covid) but needed the physical space to get walk-ins</p><p>to sell stuff to him. Nearly every coin shop I've ever known had a huge backlog </p><p>of unsorted inventory, so hopefully they have something to do until things </p><p>reopen, and then can make enough from sales to make up for lost time. I'll be </p><p>rooting for them, though I and most people probably will have less money for </p><p>discretionary spending for quite some time.[/QUOTE]</p><p><br /></p>
[QUOTE="The Eidolon, post: 4530631, member: 102103"]I hope that local shops don't close, but it's hard to predict. Perhaps many of them can still make some money through internet sales, even if they can't buy a lot of new stuff for a while. One owner told me he could live off internet sales (this was pre-covid) but needed the physical space to get walk-ins to sell stuff to him. Nearly every coin shop I've ever known had a huge backlog of unsorted inventory, so hopefully they have something to do until things reopen, and then can make enough from sales to make up for lost time. I'll be rooting for them, though I and most people probably will have less money for discretionary spending for quite some time.[/QUOTE]
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