Store Front Newbie Looking For Advice

Saying he has to earn it is about as elitist as it gets. And you can give him knowledge by telling him what to read, what to look out for, tips on what to do ect.

If someone comes in and takes him for 20 bucks with a fake coin thats the nature of the business. TPGs get fooled, coin shops get fooled, everyone on here could be fooled by the right coin or has been in the past. It happens. If you wanted to warn him theres much more polite ways to do it other than saying he hasnt paid his dues or put in the years and implying he doesn't deserve to deal in coins at all.

Theres way to much negativity in the world, no need to add to it. He knows hes in over his head and wants help hence his thread. He knows the risk but also knows he could help grow his business with this, and most of us would love to help him and wish him the best. All I'm saying is youve made your point, if you dont want to help him fine, but I would say either cut him a break or let the poor guy be.

It might be a good idea for you to go to a coin shop. somewhere you can look at a lot of coins and talk to the owner. he can show you what fakes look like. you should set a % amount on what you buy and sell your Silver coins for. such as buy at 80% spot value and sell at spot.

Justing its good to have honest sellers out there. Trd had a great suggestion with the magnet test. With these melt coins you probably will get burned a few times probably by people that got burned themselves when they bought it, but in the long run its not a huge deal. The best advice for these would be like some others have set where you just set a buy price in the range of 75-85% of melt or a little higher and either sell them for melt or just above melt.