Coin Dealer Knowledge?

I recently used to own a retail business and sad to say but due to the extreme competitive environment the internet has created, many retail establishments are LUCKY to get 10% profit. They just try to make it up on volume. Sad to say but with the Mega companies operating in the country today unless a mom and pop business figures out a way to work within these constraints they are doomed to fail when they try to compete with these large online corporations which more and more are based overseas. We all need to accept the fact that if we want our mom and pop businesses to be around long term we need to understand they need to make a real profit they can live on. Once interest rates at the bank start to come back up you will see a huge number of mom and pop businesses close up because they can do better just leaving their money in the bank instead of working 80 hours a week and risk their hard earned money every day trying to compete with offshore discounters. I try and do as much business with my local mom and pop owned businesses as I can, and as long as I get good service and reasonable prices we are all better off for it.

unholyroller, your said a mouthfull for sure. My Dad HAD a gas station and due to all the mass producion places, gas wars, cars that only a dealer can fix, same thing, poof, gone. People just don't get it. Coins are a good example of a Mom & Pop type place just not being able to make a decent living selling a coin ONCE IN A WHILE.
It's a shame so many of us just don't want to help them all out but we all would rather pay a little less and let them all go under.

I see what your saying about the 60 cent profit but if someone brings in 1000 quarters which is likely he can move them fast enough and thats 600 bucks on that mere .60 cents. I am not trying to argue just stating facts that it works for him.

What sort of store did she go to? Sounds like a pawn shop to me