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Would you leave your day job for a career in numismatics?
MrEureka
Posts: 23,949 ✭✭✭✭✭
Assume that you'll make no more or no less than you are currently earning.
And if your answer is yes, don't forget to mention where you live and if you would consider moving. You never know who's watching the boards!
And if your answer is yes, don't forget to mention where you live and if you would consider moving. You never know who's watching the boards!
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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09/07/2006
Won't move from Austin but would be happy to rep for someone part time.
don't know if anyone would hire me??
Worry is the interest you pay on a debt you may not owe.
Anybody in Boston need an accountant?
I'm much better at accounting than I am at numismatics, that's for sure!
There are 10 types of people in the world, those who understand binary and those who do not.
I've been making plans to leave my current job in about a year or so.....Just haven't figured out where yet.
Mid-life crisis, and I can't afford the Porshe.
Actually, I would really enjoy working as a cataloguer or researcher, but I'm content to leave the dealing to others.
I'd do it for 40-50% of current salary, without hesitation, if I didn't have to move to a high-cost area and the benefits were at least marginal.
[Edit to add: I'm hoping for a "second career" before too long, once it's financially feasible. I'd rather find a second career I loved from age 40-60 than stick with a job I tolerate until 50 and then retire completely. For a long time, I thought I just didn't want to work, but the bottom line is that I think I'd like to keep "working" to an old age if I loved what I did.]
Can I start at noon, go out for a 2 hour lunch and then take the rest of the day off?
I won't relocate though.
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<< <i>Can I start at noon, go out for a 2 hour lunch and then take the rest of the day off?
I won't relocate though. >>
Only if I can be your supervisor----and get paid for my trouble!
That sounds like my job, but you can have it when and if I burn out and quit.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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TorinoCobra71
If I could guarantee a steady comparable income, and have good health insurance.
Location doesnt matter as I would relocate for the right opportunity.
jim
If I could make the same that I am making in the Navy, I would quit in a heartbeat. I like my job here, but I love coins.
I live in Hawaii, but would consider living anywhere. My wife would like California of course.
John
siliconvalleycoins.com
It's only a job if you LET IT be a job.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>and you can't be pushy while they seperate you from your coins. >>
They can't seperate you from your coins!
The second part of it would be to bring numismatics to the schools. In many schools, money is a segment of the curriculum and on top of that, you can work in a great amount of significant history. Why they had what coins when and why did the metal change for a year or three. That really gets kids thinking about coins and money.
Midwest and yes, I would move for the right company.
I'm still kickin' though.
Dan
First Place Winner of the 2005 Rampage design contest!
Or it could be that they work at their day job during the day and then work at their coin job at night.
Remember during our last session Laura? We were working on tact.
siliconvalleycoins.com
I'll answer "maybe", depending on the tasks of the job.
Liberty: Parent of Science & Industry
Experience the World through Numismatics...it's more than you can imagine.
I'm working on a new venture that will help to further advance the numismatic world, so in a way the answer is "I'm in the process". I'm a business guy, a technologist and a numismatist...so in this new venture I hope I'll be able to fulfill the 3 things that I enjoy being involved in.
Self Indulgence | Holey Coins | Flickr Photostream
Were it not for that, I'd be interested in being a grader or a catalog person. I'd have no interest in running a shop. Too many depressing broke people coming in to sell their rings & such. I wouldn't have the heart.
That would be a hell of an existence.
But buying and selling coins for a living, not a chance.
1) Selling implies dealing with the general public. This is difficult under the best of circumstances. Remember, the customer is always right, and as we know, many people in the coin business shall I say are 'difficult, and I am being VERY kind.
2) As a CPA, I can tell you that the auditors to fear the most are those who deal exclusively with state sales tax. Pertaining to coins, state sales tax IMO is not difficult, but if you screw up, you will get nailed, I guarantee it.
3) Travelling for business gets old, and Laura's comments re security and thieves should not be taken lightly.
4) I get the impression that coin dealers always have their money "on the table." Ie., profits from the sale of coin one usually go into buying other coins. Inventory must constantly be turned over. That's tough.
5) Lastly, if you screw up buying an expensive coin - ie., you didn't notice a scratch, fingerprint, etc., and paid strong money for it, you're going to unload it (see #4) at a large loss.
I think it would take all of the enjoyment out of numismatics for me. I'll pass, thank you.
"Seu cabra da peste,
"Sou Mangueira......."
I am not a coin dealer, I only play one on eBay.
Joe.
Tyler
Similarly, I wouldn’t want to become a gynecologist, either.
Dave