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How Do I Make A Buck Out Of Classic Coins

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Valued Member
NH collector's Avatar
United States
127 Posts
 Posted 04/07/2017  1:02 pm  Show Profile   Bookmark this reply Add NH collector to your friends list Get a Link to this Reply
Usually the longer you hold onto it, the possibility it will increase in value.
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Andrew99's Avatar
United States
1533 Posts
 Posted 04/07/2017  2:17 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
^ That is not dealing, it is investing.

A few tricks, is that what you are looking for? Ok, I'll share a couple.

- You can go through proof sets of 1955-1964 and if you have a good eye, you can pick out decently frosted halves and quarters that will sell for the cost of the entire set on ebay. Then your profit is in the rest of the coins which you will have to blow out somehow.

- You can often buy corroded or lightly damaged early copper at very low prices and sell at 30%-50% markups as there are collectors that care about environmental damage much less than others.

- You can buy rare coins in AG-03, like 16-D dimes and sell at large profit margins mostly because you will not believe how cheap you can get AG-3 coins for.
Edited by Andrew99
04/07/2017 2:18 pm
Pillar of the Community
Collects82's Avatar
United States
1316 Posts
 Posted 04/07/2017  3:10 pm  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
I think you could make more money much faster in flipping stuff from local garage sales than through flipping coins, as much fun as that sounds like it could be. Then use your garage sale profits on the coins you want.
Rest in Peace
Crazyb0's Avatar
10197 Posts
 Posted 04/07/2017  3:25 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Terry8835:

Quote:
How do I make a buck out of Classic Coins





AND



Everything seems to be a buyer's market now and will most likely remain so. After watching NGC's weekly listings of up and down figures on top coins...enter may emoticons here...
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Andrew99's Avatar
United States
1533 Posts
 Posted 04/07/2017  3:54 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
no, its really possible to make a little money, but you have to take your moments to buy cheap and be patient when selling to get your price.
Bedrock of the Community
United States
20753 Posts
 Posted 04/07/2017  7:35 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Find a different way to make money. This is supposed to be a hobby and most do not make money on this hobby.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/07/2017  7:53 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Every time you sell a coin you lose money? Why do you think that is?

Sorry, a terrible question.

The rest of you can carry on, but I'm out of here.
Edited by Coinfrog
04/07/2017 7:59 pm
Pillar of the Community
MikeF's Avatar
United States
3479 Posts
 Posted 04/07/2017  8:16 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
Heritage has a 'buy it now from owner' page. I'm not sure how much success people have with it. It's pretty cool though because It shows what the buyer paid for the coin and what they are asking now.
https://coins.ha.com/c/search-resul...5#expand-304
Pillar of the Community
United Kingdom
1351 Posts
 Posted 04/07/2017  8:44 pm  Show Profile   Bookmark this reply Add peter1234 to your friends list Get a Link to this Reply
The OP is a naive punter.But if he sends me £1000 I will spill the beans.Everyone else I charge £1500....get in the queue to get rich.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/07/2017  9:11 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I too have the answer but for only $1,000. No interest for 12 months.
Edited by Coinfrog
04/07/2017 9:13 pm
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bandsdean's Avatar
United States
2125 Posts
 Posted 04/07/2017  10:26 pm  Show Profile   Bookmark this reply Add bandsdean to your friends list Get a Link to this Reply
Cherrypicking I think is the best way to make a buck. Be it rare varieties or under-graded examples, there's always a few dollars for us non-dealer types left on the table. Goodluck!
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