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<p>[QUOTE="Exchequer, post: 763221, member: 21087"]Just curious as to what it would cost, in today's market, to buy the complete stock necessary to open a local coin shop. (Did a search here, found some good discussion on business practices, but only one brief mention of the inventory value: $300,000.)</p><p> </p><p>So say you wanted to open a mom/pop type shop and were not there to specialize in anything (except maybe state quarters <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />.) You just wanted to have a good selection of US coins from, say, the 1850's forward. Of course your inventory would be heavier on coins after 1900 just due to the cost factor.</p><p> </p><p>Not including bullion or gold coins. What would it cost to buy the necessary inventory of a "well stocked" coin shop, so that a collector could conceiveably come in and buy everything to have a type set back to around 1850? Just thinking of a shop that has a good cross section of all areas of interest in the US coin hobby. </p><p> </p><p>Thanks!</p><p>Scott[/QUOTE]</p><p><br /></p>
[QUOTE="Exchequer, post: 763221, member: 21087"]Just curious as to what it would cost, in today's market, to buy the complete stock necessary to open a local coin shop. (Did a search here, found some good discussion on business practices, but only one brief mention of the inventory value: $300,000.) So say you wanted to open a mom/pop type shop and were not there to specialize in anything (except maybe state quarters :o.) You just wanted to have a good selection of US coins from, say, the 1850's forward. Of course your inventory would be heavier on coins after 1900 just due to the cost factor. Not including bullion or gold coins. What would it cost to buy the necessary inventory of a "well stocked" coin shop, so that a collector could conceiveably come in and buy everything to have a type set back to around 1850? Just thinking of a shop that has a good cross section of all areas of interest in the US coin hobby. Thanks! Scott[/QUOTE]
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