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<p>[QUOTE=&quot;CohibaCris, post: 9690, member: 904&quot;]Well, I for one can say with strict confidence that I will NEVER become a dealer of coins.</p><p><br /></p><p>First off, I have the passion of collecting coins.&nbsp; Most if not all are considered to be the few things I would grab if the house was on fire.&nbsp; But business is a funny thing, and market demands, clientele and competition are just a few things that hinder one in getting started in any business.</p><p><br /></p><p>Not to mention this - A minimum of $50-100K would be required to get a small business dealing coins off the ground.&nbsp; I go to a great dealer that has been in business for a few years.&nbsp; They started with their life savings + $40K from the bank.&nbsp; They now have $350K in inventory, with a moderate sales pace.</p><p><br /></p><p>I think it would be fair to say that any coin dealer would have to take every dime of profit made for the first couple of years and invest in inventory to grow and be successful.&nbsp; People don&#039;t go to coin dealers primarily because they are nice; they go for selection and to find things that aren&#039;t easy to come by.</p><p><br /></p><p>Me - I am considering opening a cigar store, though.&nbsp; Same deal, years of struggle to eek out a profit only to reinvest for inventory and advertising.</p><p><br /></p><p>My $0.02,</p><p>Cris[/QUOTE]</p><p><br /></p>

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