/biz/ - Business & Finance

>>18589642
I'm (somewhat) in this space - I sell numismatic "grab bags" on ebay, amazon, and my own site. Essentially, I buy old US and world coins by the pound(in some cases 10+ pounds) and sell them at a markup.

For example, I can purchase the contents of a $20 grab bag for about $6. Tack on an extra $3 for shipping and I'm netting about 55% margins. Those - of course - increase with the size of the product. For example, the contents of a $100 grab bag might only cost me $30-35 in bulk.

The crazy thing is people order multiple at a time, or even order on a monthly basis. It's a great part time hustle.

Yes

>>18412207
Is it worth buying numismatics that are overpriced?

Not at retail. ONLY buy things with numismatic value
>In bulk at a LCS
>From people who dont know what its worth
>at a price lower than market value if you can find it
If you're going to, invest in a redbook for $20. It'll help a lot in the long run.

I really wanna buy the old LCS in my area. Just with the inventory they arelady have I could do extremely well for myself.

>>18347522
>I just want to hold her again
So do I. Her name is lady liberty. And I can hold her whenever I want.