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<p>[QUOTE="Conder101, post: 2243216, member: 66"]How big is a table?</p><p><b>Depends on the show, but usually either 6 foot or 8 foot long and 2 1/2 foot wide. You may or may not have a back up table behind you. Oce again this depends on the show and the size of the bourse floor.</b></p><p><b><br /></b></p><p>What equipment/supplies do I need to bring?</p><p><b>Coins, cases, lights, price guide, cash, references, magnifiers, holders (flips and/or 2X2's),some way to keep record of sales and purchases.</b></p><p><b><br /></b></p><p>What coins should I bring?</p><p><b>What's ever you think you can sell. Consider that certain coins sell better than others in different areas. This is an area you should reference before you try setting up. Watch other dealers and see what sells well for them.</b></p><p><b><br /></b></p><p>How much cash should I have?</p><p><b>Who knows. How much you will need will depend on what you have an opportunity to buy that you believe you can sell. Too much cash isn't a problem, but having to pass on a deal because you don't have the money can be a problem. Contrary to what has been said, checks are not that big a problem. If someone wants to use a check and you don't know them, ask for references from other dealers there that the have dealt with. If they can't give references, tell them to write the check for a little more and you will be happy to ship the coins once the check clears.</b></p><p><b><br /></b></p><p>What else should I bring to sell? </p><p><br /></p><p>How much money do I need to have enough product to sell?</p><p><b>I'm not sure I understand this question.</b></p><p><b><br /></b></p><p>What's is a reasonable table fee?</p><p><b>Again it depends on the size of the show, but for a show the size you are talking about I would think $25 -$40 per table.</b></p><p><b><br /></b></p><p>Should I buy coins?</p><p><b>Sure, you are going to have to be able to replace the stock you sell.</b></p><p><b><br /></b></p><p>Should I have a "deal box"?</p><p><b>What do you mean by a "deal box"? New purchases that you will flip fast for a quick smaller profit, dead inventory that has been sitting too long and you need to move to recover capital, or a junk box that has had the coins marked up some that are now "50% off"?</b></p><p><b><br /></b></p><p>Is it worth it?</p><p><b>It can be if you enjoy it, and if you work at it it can become a career. But it does take real work to make it successful.</b></p><p><b><br /></b></p><p>What's a good guide for coin show prices (are the different because it's a coin show?)?</p><p><b>Typically the best price guide reference is the Greysheet. This is what most of the industry uses. You can get it from the coin dealer newsletter website. <a href="http://www.greysheet.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.greysheet.com" rel="nofollow">www.greysheet.com</a> Since you are just parttime right now there is no reason to subscribe. For a few dollars you can buy the most recent issues and download them off the net.</b></p><p><b><br /></b></p><p>Should I advertise?</p><p><b>Just starting out I would say No. Advertising isn't cheap.</b></p><p><b><br /></b></p><p>How often should I go to coin shows?</p><p><b>Depends on how serious you want to be in the business. If you just want to have some experience in the game just attending the two local shows is good. But if you want to start making part or all of you living at it you will have to travel and hit two or more shows a month. Many dealers that don't have shops and just do the show circuit will do 30 to 40 shows a year.</b></p><p><b> </b></p><p>How do I set up my table?</p><p><b>Look at how others set you theirs. You will find there isn't that much variability.</b></p><p><b><br /></b></p><p>How do I look professional?</p><p><b>Dress neatly, clean clothes, well groomed, and adopt a professional attitude. (Forget the Hawaiian shirts and mustard stains for right now. If you don't get that, it's an inside joke.)</b></p><p><b><br /></b></p><p>Would any of you actually buy from a 15 year old?</p><p><b>Yes, if he had what I could use at a fair price. Your age could be a problem as others have mentioned. So have a "token" adult there. He can watch the table while you are gone. People will probably ask him questions and he can then refer them to you. Remember Q David Bowers was setting up at shows when he was 16.</b></p><p><b><br /></b></p><p>Do you ever lose money?</p><p><b>Yes sometimes you will. Frankly just starting out don't be surprised if it happens for awhile and be happy if you can just cover your table fee and expenses. You are learning the ropes and that usually takes time and money.</b>[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2243216, member: 66"]How big is a table? [B]Depends on the show, but usually either 6 foot or 8 foot long and 2 1/2 foot wide. You may or may not have a back up table behind you. Oce again this depends on the show and the size of the bourse floor. [/B] What equipment/supplies do I need to bring? [B]Coins, cases, lights, price guide, cash, references, magnifiers, holders (flips and/or 2X2's),some way to keep record of sales and purchases. [/B] What coins should I bring? [B]What's ever you think you can sell. Consider that certain coins sell better than others in different areas. This is an area you should reference before you try setting up. Watch other dealers and see what sells well for them. [/B] How much cash should I have? [B]Who knows. How much you will need will depend on what you have an opportunity to buy that you believe you can sell. Too much cash isn't a problem, but having to pass on a deal because you don't have the money can be a problem. Contrary to what has been said, checks are not that big a problem. If someone wants to use a check and you don't know them, ask for references from other dealers there that the have dealt with. If they can't give references, tell them to write the check for a little more and you will be happy to ship the coins once the check clears. [/B] What else should I bring to sell? How much money do I need to have enough product to sell? [B]I'm not sure I understand this question. [/B] What's is a reasonable table fee? [B]Again it depends on the size of the show, but for a show the size you are talking about I would think $25 -$40 per table. [/B] Should I buy coins? [B]Sure, you are going to have to be able to replace the stock you sell. [/B] Should I have a "deal box"? [B]What do you mean by a "deal box"? New purchases that you will flip fast for a quick smaller profit, dead inventory that has been sitting too long and you need to move to recover capital, or a junk box that has had the coins marked up some that are now "50% off"? [/B] Is it worth it? [B]It can be if you enjoy it, and if you work at it it can become a career. But it does take real work to make it successful. [/B] What's a good guide for coin show prices (are the different because it's a coin show?)? [B]Typically the best price guide reference is the Greysheet. This is what most of the industry uses. You can get it from the coin dealer newsletter website. [url="http://www.greysheet.com"]www.greysheet.com[/url] Since you are just parttime right now there is no reason to subscribe. For a few dollars you can buy the most recent issues and download them off the net. [/B] Should I advertise? [B]Just starting out I would say No. Advertising isn't cheap. [/B] How often should I go to coin shows? [B]Depends on how serious you want to be in the business. If you just want to have some experience in the game just attending the two local shows is good. But if you want to start making part or all of you living at it you will have to travel and hit two or more shows a month. Many dealers that don't have shops and just do the show circuit will do 30 to 40 shows a year. [/B] How do I set up my table? [B]Look at how others set you theirs. You will find there isn't that much variability. [/B] How do I look professional? [B]Dress neatly, clean clothes, well groomed, and adopt a professional attitude. (Forget the Hawaiian shirts and mustard stains for right now. If you don't get that, it's an inside joke.) [/B] Would any of you actually buy from a 15 year old? [B]Yes, if he had what I could use at a fair price. Your age could be a problem as others have mentioned. So have a "token" adult there. He can watch the table while you are gone. People will probably ask him questions and he can then refer them to you. Remember Q David Bowers was setting up at shows when he was 16. [/B] Do you ever lose money? [B]Yes sometimes you will. Frankly just starting out don't be surprised if it happens for awhile and be happy if you can just cover your table fee and expenses. You are learning the ropes and that usually takes time and money.[/B][/QUOTE]
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