Inventory, inventory...

coppercoins

I've been working on my (eventual) sales inventory for a week, have been through about 300 coins, and am up to $3500 in value. They sure add up fast. I only have another 5,000 coins to go before I can call the job done. I hope to at least have enough finished by the end of this month to open the site based on the inventory I have done at that time. BTW, it's ALL Lincoln cent stuff...some really nice stuff too.

I'm just amazed at how much a single row box contains (in value) - I figured it would be about $300....turns out it's over $1,500. Good thing I'm checking those prices before listing the items

You've read it right, I'm finally moving into selling coins....never really done that in earnest before, and now I have close to 10,000 items to move. Anybody got any specific advice on selling stuff over the internet that I might have forgotten or wouldn't know (because of inexperience being a dealer)?

mgoodm3

Sounds like you've got a lot of stuff to sell. What you got? Lincoln varieties I presume (MS coins, DD's, RPM's). Good luck on the business venture. hopefully having the book out will help you sell more - Kinda like Eagle Eye. Establish yourself as THE Lincoln Cent guy.

airplanenut

Learn how to take good pictures

coinbuf

Your experience will serve you well grasshopper

Chris

coppercoins

The store will be on www.lincolncent.com once I get everything together. I hope to eventually make it the largest source of Lincoln cents on the internet with over 10,000 items for sale by the end of the year - perhaps not until the end of winter, but at least at some point it will go over 10K items for sale with a retail value of over $175K. Won't that make it one of the largest on the internet?

Of course then I will have the added problem of trying to stay stocked.

Yes, the items I will have are collector grade earlier coins, high end later wheats and memorials, die varieties, some errors, slabbed higher end coins, slabbed die varieties, rolls, circ lots by the pound, etc. Just a whole bunch of stuff to move through.

Isn't www.lincolncent.com a catchy name??

airplanenut

<< <i>Isn't www.lincolncent.com a catchy name?? >>

How did you select it?

coppercoins

<< <i>

<< <i>Isn't www.lincolncent.com a catchy name?? >>

How did you select it? >>



I was darned lucky!!