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And same with kids buying coins at coin shows. Never yet seen anyone turned down due to age.
And same with kids buying coins at coin shows. Never yet seen anyone turned down due to age.
There's no doubt in my mind that kids buy and sell stuff all the time, and usually it's not a problem, but when junior takes $500 out of dad's wallet and spends it on baseball card packs to try (and fail)to get a rare $100 chase card, you can bet the law will come into play.
I bought and sold thousands of dollars worth of coins before I was 18, but business was mostly with adults and I was using my own money to do it. Heck, I was borrowing money without a co-signer when I was 16 and the legal age was 21. It was many years later that I found out that the documentation was put in the desk of one of the bank board, who was a good customer, and was in effect covering the loan.
As far as turning down kids, a nine-yo boy went into a friend's store with $300 cash and wanted to buy a krand. The clerk asked the owner, who told the kid to come back with a parent. Mom comes over and says "it's OK, I think it's silly, but that's what he wants to spend his money on. And you might as well pull out two, because she (pointing to six-yo sister) wants one too."
If you don't think it applies, sell a coin with a nude on it to the kid whose folks are prudes, and watch what happens.


















