I am in a position where my wife and I sell a collectable on
ebay and it has worked out very nicely. It just helps us to make ends meet and adds some nice extras. It took 15 years of buying at auction houses to build our huge collection. Then we decided to start selling so we would not loose our home.
Coins are a totally different kettle of fish and I have looked long and hard at them as something to sell so I can start a collection. As in our position I have to sell so I can afford to collect.
But if I was to start selling coins from scratch I would!
Not buy and sell PM's as this is total craziness if you are going to kick off a coin selling business.
Noodling from Banks etc has to be the smartest way to start selling anything I have come across so long as you have plenty of time.
I would then try to earn $100 noodling by selling on
ebay with the 50 free listings per month and then buy my first bulk lot at an auction house. That buy would be in the one area that I have decided to specialise in. This process also starts your credibility off as a seller on
ebay.
From the start of all this I would be looking at all the information I can find on the one area of collecting I had chosen. I would be looking on CCF, books from the library and searching online. No costly buying of information!
Small beginnings grow into the most amazing things! Big, costly starts fall apart. You have to start at the beginning and not at the end. Be smart and start small! It is just not the go to be in debt because of your stock. How can you grow or buy that great auction house lot that you found if you are in debt?