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<p>[QUOTE="wgpjr, post: 1605003, member: 22482"]I've had dealers ask me for a list of wants, but I personally just like to browse their inventory. I've impulsed buy numerous coins as they "spoke to me" if you will. I collect a wide array of coins, so I'm not opposed to getting a 2 cent piece versus a Peace dollar that I need. I guess I'm lucky in that there are several coin shops within a hour's drive that have a nice inventory of stock on the floor that I don't run into these types of problems that are present in this thread.</p><p><br /></p><p>I also sell on the side. I rent a booth from a local "flea market" type of store for $25 a month. I buy from local estate / consignment auctions and then resell for at least 2x to 5x amount I paid for them. I keep the prices lower than their "red book" price as to look like I'm giving people really good deals but still make enough for profit. I've done alright in this aspect. I do this as 1) supplement my hobby income and 2) to learn how the public around here buys coins. My step-dad is opening up a gun shop in a few years and I have talked to him about wanting to sell coins within his store. I've been getting him into numismatics as he has gotten me into guns. So eventually I'll be selling coins through his store and using the knowledge I've learned from the "flea market" selling.[/QUOTE]</p><p><br /></p>
[QUOTE="wgpjr, post: 1605003, member: 22482"]I've had dealers ask me for a list of wants, but I personally just like to browse their inventory. I've impulsed buy numerous coins as they "spoke to me" if you will. I collect a wide array of coins, so I'm not opposed to getting a 2 cent piece versus a Peace dollar that I need. I guess I'm lucky in that there are several coin shops within a hour's drive that have a nice inventory of stock on the floor that I don't run into these types of problems that are present in this thread. I also sell on the side. I rent a booth from a local "flea market" type of store for $25 a month. I buy from local estate / consignment auctions and then resell for at least 2x to 5x amount I paid for them. I keep the prices lower than their "red book" price as to look like I'm giving people really good deals but still make enough for profit. I've done alright in this aspect. I do this as 1) supplement my hobby income and 2) to learn how the public around here buys coins. My step-dad is opening up a gun shop in a few years and I have talked to him about wanting to sell coins within his store. I've been getting him into numismatics as he has gotten me into guns. So eventually I'll be selling coins through his store and using the knowledge I've learned from the "flea market" selling.[/QUOTE]
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