Selling $2 Per Clad Proof Coin...unrealistic?

Take a look on ebay. Some of those prices can be hard to beat if you want to make it worth your while. In my past experience, it is really difficult to make any money on single US proofs. There are certainly other areas that you could make more in, but its worth a shot!

Good luck!

OK, so "car boot sales" (swap meets, I just love the British term) have a different economics, since there's no established premises to pay rent on.

Still have to worry about the cost of goods sold - where are you going to consistently buy the coins for sale? Your other major expense is the table/space rental.

Were the proofs the ONLY thing being sold by these dealers or did the have a variety of merchandise and the $4 proofs were just part of the merchandise? A lot of things may be profitable as part of a mixture that are not profitable by themselves (marginal vs. average cost).

So... In a 6 hour sale, you need to sell enough to cover the rental and pay yourself a decent wage - something more than the $8 an hour or so you can earn flipping burgers (we'll leave taxes for lesson 2).

COGS $2/coin + $0.05 for the flip. Selling price $4. Gross profit $1.95ea. Say rent is $50, so you need to clear $110 or sell 56-57 coins. One every 10 minutes.

ebay or Ecrater is about the only place it would make sense if you can buy them cheap enough. Even then you wouldnt be making anything close to a living just some extra spending money here and there. Unless you live in some proof collector hot spot youd be lucky to get your fee back most places for any type of physical shop

Yep. I am hopful though looking at ebay sales for proof rolls and series. Nickles and dimes are weakest but pennies and quarters are very robust.

Cost side looks good on paper, I followed earlier advice about buying sets at $1 over face. Break even point is selling a 5 coin set for $3.25.

Thank goodness I didnt buy silver, margins are really low. I'm getting clads so cheaply in bulk I can dump them to dealers and break even.

Yep, buy low/sell high is my plan. But I think I may have hamstrung myself, 5 coin proofs suddenly shot up especially in the 80s and 90s on ebay.

Buying at $1 coin, selling at 2.

Don't forget state sales tax if it applies to you and capital gains taxes. Your business model seems a bit unrealistic to me. Proof sets are very cheap where I live and are very often sold by the dozens at below wholesale prices so for you to expect a profit you are in competition with many people and most of those people sell many other products also. Good luck though.