I am thinking of expanding my business model - Hobo Nickels
It seems almost impossible to buy major error coinage with great eye appeal at wholesale prices today. Extremely hard to buy new inventory.
So where to expand my business opportunities. Awesome rainbow toned commemoratives? Hobo Nickels? Or just go ocean fishing for fun and forget about business expansion.
I saw this coin yesterday at auction at a little over $100 with 7 hours left.
I really liked this coin and it got me thinking. Buy that and try to resell it at a higher price.
Then I check a while later and the coin was a little over $200 which I still thought was a good price at which to resell.
30 some minutes to go and the coin was now at $368 or so. I'm out, but still a nice coin. I am new to this market and want to get a handle on it.
The coin sold for $577
At least I know my instincts were right when the coin was $100.
Now, how do I get select hobos at wholesale? Go to the source. Bid up the best and the realized price becomes wholesale? I love thin unique markets.
I was tempted not to make this post