| Author |
Replies: 27 / Views: 4,016 |
Page 2 of 2
|
|
|
|
Moderator
 United States
188440 Posts |
|
|
Pillar of the Community
United States
3402 Posts |
Next paycheck take a look through their junk silver...hopefully a cherrypickers delight.
KK
|
|
Valued Member
United States
473 Posts |
Congrats on the job. I am not up on acronyms. What is LCS?
|
|
Pillar of the Community
United States
3540 Posts |
|
|
Rest in Peace
United States
17900 Posts |
So how much do you have to pay them per hour? 
|
|
Pillar of the Community
  United States
8938 Posts |
@moxx, I get paid $10 per hour, but I have to double end my FICA because I'm an independent contractor. However, I get free lunches so that's nice.
|
|
Pillar of the Community
United States
2850 Posts |
What store? I'm up that way quite often.
|
|
Pillar of the Community
  United States
8938 Posts |
@Wheatback, Bonanza Coins on Wayne Avenue, about 2.5 blocks from the Metro. If you are at Wayne and Georgia head towards fenton and it's right there. (940 Wayne Avenue)
|
|
Bedrock of the Community
United States
74150 Posts |
Congratulations on getting the job! That must be so much fun! Enjoy it!  And don't spend too much money on coins! 
Errers and Varietys.
Edited by Errers and Varietys 08/01/2019 10:07 pm
|
|
Pillar of the Community
  United States
8938 Posts |
@E&V it is! No promises on the second part I've been eyeing the VF Details Plugged 1807 Bust dime for my type set. The plug is almost invisable, and for a 1.8k discount due to the details grade, I am strongly considering it.
|
|
Bedrock of the Community
United States
74150 Posts |
GrapeCollects, if you have enough money, I would buy that VF Details Plugged 1807 Bust Dime! You'll get it for very cheap. Go for it man!  Don't worry, I'll occasionally spend too much money on coins too! 
Errers and Varietys.
|
|
Pillar of the Community
United States
3843 Posts |
Has working at a LCS changed your views on collecting? Do you find yourself collecting different series than you would otherwise or collecting less as a whole?
|
|
Pillar of the Community
  United States
8938 Posts |
Hmm... not really. It just opened new opportunities. I've been building my type set and working there allows me to have a vast quantity to select from. Also, from a variaties standpoint it's massive bonus. I have full authority to cherrypick to my hearts content, the catch being if I find a variaty I want he charges 20% of the variaties premium. So if the coin is normaly $1, and with the variaty is $10, I pay $3. That way he gets a return and I get the variaty at a large discount. Though recently I have considered getting into capped bust halves. I love the design, and they are very cheap in VF or below which is appealing to me.
|
|
Pillar of the Community
United States
3402 Posts |
GC...don't forget on the FICA you can deduct half of that from your taxes...so in essence you are paying just your portion. Don't forget to withold for your fed, state and local taxes. As an independent contractor, check with your state sales tax division, you might be responsible for sales taxes on your services. My son got burnt that way.
Any nice/interesting foreign coins in the shop.
KK
|
|
Pillar of the Community
  United States
8938 Posts |
Thanks for the advice! I don't have to do sales taxes for my services, and am currently putting 1/3 of each check in a tax savings account.
|
|
Page 2 of 2
|
Replies: 27 / Views: 4,016 |
Page 2 of 2
|