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<p>[QUOTE="omahaorange, post: 2243190, member: 28199"]I think the question you asked "Would you buy from a 15 year old?" says it all. At this stage of the game my advice would be to give up this idea of setting up a table at a coin show and instead, see if you can hook up with one of the other dealers, sort of like an "Apprentice" program. Offer to volunteer to work for him, ask about selling some of your own stuff at his table, but pay attention to what he does, take (mental) notes, and learn from the experience. Do this several times. Gain experience! I can't say this enough. I don't mean to rain on your parade like this, but honestly, a 15 year old acting the dealer will probably get eaten alive. Personally, I would not even stop to browse a table solely manned by a young'un. Give up this idea for now. Find a dealer, make a friend, and volunteer your time to work for him/her. "I went to a couple coin shows" hardly qualifies you to be a dealer. Try it a couple times from the other side of the table before you try it on your own.</p><p><br /></p><p>When you research what it takes to satisfy the laws and regulations in your state regarding sales and associated taxes (including income taxes), you'll see it's not as easy as simply setting up a table and hanging an "OPEN" sign on the front. State and federal laws make little distinction for age. I would check this out before I ever picked up a Red Book or other publication for setting prices.</p><p><br /></p><p>I don't mean to deter you from becoming a dealer. But i think jumping into it head first is only setting you up for disappointment. The key to success in any business is to learn all you can about the business, then put that knowledge to use developing your own business. While there is a great bunch of guys on this forum with a lot of knowledge and good advice, the only practical way to success is some type of formal education and hands-on experience.[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 2243190, member: 28199"]I think the question you asked "Would you buy from a 15 year old?" says it all. At this stage of the game my advice would be to give up this idea of setting up a table at a coin show and instead, see if you can hook up with one of the other dealers, sort of like an "Apprentice" program. Offer to volunteer to work for him, ask about selling some of your own stuff at his table, but pay attention to what he does, take (mental) notes, and learn from the experience. Do this several times. Gain experience! I can't say this enough. I don't mean to rain on your parade like this, but honestly, a 15 year old acting the dealer will probably get eaten alive. Personally, I would not even stop to browse a table solely manned by a young'un. Give up this idea for now. Find a dealer, make a friend, and volunteer your time to work for him/her. "I went to a couple coin shows" hardly qualifies you to be a dealer. Try it a couple times from the other side of the table before you try it on your own. When you research what it takes to satisfy the laws and regulations in your state regarding sales and associated taxes (including income taxes), you'll see it's not as easy as simply setting up a table and hanging an "OPEN" sign on the front. State and federal laws make little distinction for age. I would check this out before I ever picked up a Red Book or other publication for setting prices. I don't mean to deter you from becoming a dealer. But i think jumping into it head first is only setting you up for disappointment. The key to success in any business is to learn all you can about the business, then put that knowledge to use developing your own business. While there is a great bunch of guys on this forum with a lot of knowledge and good advice, the only practical way to success is some type of formal education and hands-on experience.[/QUOTE]
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