| Author |
Replies: 49 / Views: 4,572 |
|
Pillar of the Community
United States
3670 Posts |
So, I hate to say it an this is really tossing a wrench in my gears, but the coin shop I was working out as abruptly closed down, an pulling out of Knoxville....
I had three solid eggs to put in three different baskets just 2 weeks back when Pm's were over thirty, an just like that I am back to square one, and a baby due on Halloween....
I do have a solid bartending job, which these days I turn 25 or 30 pr hour, so I am not totally down an out, but will recover....
My point, the COIN SHOP, comic shop, train shop, toy shop, video store, they are all a DYING breed. We had to clear 20 grand a month just to keep up with our massive overhead, just UN-realalistic....
Funny, how a tard like myself understand this high overhead angle more so then a mulit million dollar big player/bus owner, via my cost to run a bus at home, compared to a high rental strip mall. An I figure they will take a REAL bath before it is all said an done, if PM's don't swing back soon....
In the end just a minor setback, an I am not giving up on PM's just time to change an adapt is all, as I always do..... Edited by Silverhawk74 05/16/2012 1:11 pm
|
|
|
|
Valued Member
United States
364 Posts |
I am sorry to hear about your luck, and I wish you well. Keep a positive outlook and the door that closed will quickly turn into a new one that opens. I would agree that brick and mortar hobby shops are a "dying breed" as you say. ebay and coin shows make it easy to run a coin shop without a store front.
|
|
Pillar of the Community
United States
1454 Posts |
Hawk, That's terrible news. I always figured half the reason you worked at the coin shop was to grab up good deals at wholesale prices to resell on ebay. But at least you are leaving there having absorbed a ton of knowledge about PMs. It was priceless on-the-job training, IMO. With your positive attitude, I've no doubt you'll land on your feet soon. Namaste, my friend.
|
|
Bedrock of the Community
Australia
21788 Posts |
I guess that you kinda feel sorta lucky that you DO have your PM's to fall back on. Either to buy OR sell.
I hope you can re stabilise yourself on a better financial footing SOON.
I think that on average, coin shops do a little better in Australia than in the U.S. Perhaps there are two reasons for this:
1.) Demographics - The Australian population is more concentrated in it's major coastal cities than the U.S. Coin shops in Oz. can rely a bit more on 'walk in' traffic. Amongst other things, you get to know your regular customers, that doesn't happen 'on line'.
2.) Due to Australia's mineral wealth, The Oz. economy is in a bit better shape than most others around the World. If minerals prices decline in a major way, the Oz economy will be toast!
|
|
Pillar of the Community
 United States
3670 Posts |
Thanks all an I do hope the new door opens sooner then later Noblis, lol... And T that was my main driving force to work there, but once I was in an they knew way before I worked there that I sold silver an gold from time to time on ebay. So I never felt right buying from them, as the ol saying goes, don't use the bathroom where one eats, lol.... I just always got the impression that they would sell to me at 10% over their cost as the DM did on a chain an pendant I got for Krista, but I had to get his approval first, didn't feel right. An ten percent would leave me plenty of room for me, but they had a chance of getting a higher percentage by selling to the public. I feel bad now in hindsight, as I could have literally gave them a chance to survive, if I would have just got past worrying about "wearing out my welcome" so to speak, an just set it up an made them understand in the long run 10% from me, was a HECK of a lot better then ZERO percent from the rest of the world NOT walking in the shop. I could have cleaned our shelves out 6 times over in the four or five months I was there, no doubt in my mind.... We had a major issue, state tax ruined us literally. Why come spend a 1000 at my store, when our district would tell them to drive south across the Georgia line an buy with no state tax, an save a 100 bucks or so on a 1000 dollar buy, it adds up big time as we all know.... Sel, funny you should mention the tight inner coastal city life style as I was at my moms for dinner last night an a very unique lady from Cali who had lived in Australia was there as she is in town visiting my moms sister, an she spoke of exactly what you say, about the tight nit outer community, an all the outback or Crocodile Dundee's backyard round about the middle, rof  .... Oddly enough she had a half oz 1997 Isle of cat RARE half oz. gold proof coin, in the long haired smoke cat, I was like wow that is a 1000 to 1200 dollar coin all day in better market.... I tell ya these days I am envious of you who live in Canada an Australia, as more an more the direction this country goes, makes me wish I was living in one of the two sometimes....
Edited by Silverhawk74 05/16/2012 12:32 pm
|
|
Pillar of the Community
United States
1454 Posts |
Quote: I tell ya these days I am envious of you who live in Canada an Australia, as more an more the direction this country goes, makes me wish I was living in one of the two sometimes My fiancee and I say the same thing. I'm not so crazy about their gun laws, though.
|
|
Bedrock of the Community
Australia
21788 Posts |
Australia currently has a 'two speed' economy. The mining sector puts the cream on the cake.
The rest of the Oz. economy is really not too much different from the U.S. economy, but with much less debt per capita.
Finding a decent job in Oz. is not really that much different than in the U.S. I kinda understand your problems, and empathise with you.
|
|
Valued Member
United States
196 Posts |
Silver I hate to hear that, I hope to continue to see your input in this forum as it is definitely respected. Times are definitely hard, at times where I live I feel like I am keeping my local coin shop open. I am happy to see you have another job though, at least you can still be thankful for that until the next thing comes. Best of luck.
|
|
Pillar of the Community
 United States
3670 Posts |
Thanks wild I will be more then fine, as I can pickup serving shifts as well, an clear over 100 on those often an easy.....
I can basically work as much as want at the restaurant an make more per hour average then the 10 per hour I made at the coin shop. Anybody that lets a chicken scrap part time 10 dollar an hour job bring them down, they are not trying hard enough I figure....
As T mentioned the on job learning experience was priceless an it served its purpose for the time it was there, so its all good in the end....
I should have seen the writing on the wall an did in fact, as our other local store about 30 miles away in another small outer Knoxville town retracted a month back. Supposedly the overall chain is doing well, just not in my area, what are you gonna do, just is what it is, again state tax big reason....
Edited by Silverhawk74 05/16/2012 1:10 pm
|
|
Valued Member
United States
196 Posts |
I hear you on that, I currently live in georgia, but will be moving to NC at the end of the month and am not sure about their taxes yet.
|
|
Pillar of the Community
United States
808 Posts |
Hawk, that's awful news, man. I do agree with traevin comments completely, though. You've got the experience and positive attitude you need to succeed. It'll happen. Take care.
|
|
Valued Member
United States
100 Posts |
I'm sorry to hear that Silverhawk. If I might make a suggestion - because business at them is booming and is certainly not going to die off anytime soon. Your next "hobby" shop to work at make it a gun shop :)
Earl
|
|
Pillar of the Community
 United States
3670 Posts |
Thanks CW an Earl an very interesting idea Earl on the gun shop. You are right that is a booming business. I know very little about guns, an do enjoy watching son of guns an the Red jacket outfit shows on TV, an that indeed would be a most interesting field to get into, even in more of a front of the shop sense, via computer work or finding online buyers, auctions an such, as I obviously have no mechanical or engineering knowledge needed to actually hand make fire arms form scratch as they do.... I know that I have seen them bid on rare guns an win them on the Red jacket show, even though for example I don't think one can say for example sell a modern working firearm on ebay, or am I wrong on that? There are definitely some gun ranges an shops in area I could look into to....
Edited by Silverhawk74 05/16/2012 2:13 pm
|
|
Pillar of the Community
United States
5856 Posts |
Quote: because business at them is booming... 
|
|
Pillar of the Community
 United States
3670 Posts |
Good call Barry I love a good pun joke an missed that one rof  .... "Simon: Gentlemen, I'd like you to meet your captain, Captain Oveur. Clarence Oveur: Gentlemen, welcome aboard. Simon: Captain, your navigator, Mr. Unger, and your first officer, Mr. Dunn. Clarence Oveur: Unger. Unger: Oveur. Dunn: Oveur. Clarence Oveur: Dunn. Gentlemen, let's get to work. Simon: Unger, didn't you serve under Oveur in the Air Force? Unger: Not directly. Technically, Dunn was under Oveur and I was under Dunn. Dunn: Yep. Simon: So, Dunn, you were under Oveur and over Unger. Unger: Yep. Clarence Oveur: That's right. Dunn was over Unger and I was over Dunn. Unger: So, you see, both Dunn and I were under Oveur, even though I was under Dunn. Clarence Oveur: Dunn was over Unger, and I was over Dunn."
|
|
Pillar of the Community
United States
1454 Posts |
Quote:I don't think one can say for example sell a modern working firearm on ebay, or am I wrong on that? Nope. ebay is most assuredly anti-gun. There are a few gun auction sites, though. Of course, everything has to go through an FFL, unless you're selling muzzle-loaders.
|
| |
Replies: 49 / Views: 4,572 |