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Making Money with Coins the Easy Way
by D. L. Crane
In today’s economy, more than ever before,
people are looking for ways to make an extra
income. For years, motivational experts have
said that the best way to make money is turn
your hobby or passion into a money making
venture. It turns out, they were right all
along. If you are an avid coin collector, you
could be turning a profit and making extra
income that could eventually replace your
full-time job. By making money with coins the
easy way, you will turn your hobby into a
profit-producing machine.
Making money with coins the easy way can involve
a wide range of strategies. It is advisable to
choose one or two methods at first, until you
become comfortable with the process, and then
add more. The key is to become as knowledgeable
as possible about the coins you collect. The
quality, grade, country of origin, and
manufacturer are all important and you will need
to inspect all of your coins to make sure they
are of the highest quality possible. This will
help you become a reputable business owner, and
your customers will quickly come to see you as
the coin expert. This is a great way to set
yourself apart from your competition.
Making money with coins the easy way can be
accomplished any one or combination of the
following:
E-Bay
E-Bay provides a quick and easy way for people
to make money, no matter what they are selling.
When it comes to selling coins, remember that it
is extremely important to take quality pictures
so that potential buyers can see the coins
clearly. NEVER provide a guarantee unless you
are absolutely sure about the quality of the
coin. Provide a clear and concise description of
each coin that you are selling. When shipping to
your buyer, be sure to send in protective
packaging that minimizes the risk of damage.
Dealers
Make a habit of going to coin dealers to get an
idea of the different styles, types, designs,
quality and prices. Many dealers sell their
coins at discounted prices; this means you can
turn around and sell them for a profit. Making
money with coins the easy way means finding
dealers that offer discounted pricing for
quality items. This may be a bit of work, but
will be well worth it when you find a reputable
dealer who offers coins at discounted prices.
Coin Shows
Similar to a business trade show, a coin show
can attract thousands of coin buyers and
sellers. It’s a great place to meet other
like-minded collectors and network. Have
business cards on hand to give to people. If
you’re a buyer you can browse the many booths
and get to know some dealers that offer rare and
interesting coins. If you’re a seller, you can
set up a booth and sell your coins for a profit.
This can be a great method for making money with
coins the easy way.
Join a Club
This is similar to shows, but offers a less
structured format. Just get together with some
local collectors like yourself and discuss
things like how to find rare coins, how to make
a profit, and methods for making money with
coins the easy way. You’ll pick up some new
friends along the way and you’ll be able to find
new ways to make a profit.
Your Own Website
Selling online is essential in today’s world,
and that means that you will need a website of
your own. Make it as professional looking as
possible; hire a service to create it for you
and write the content if you don’t feel that you
possess any writing skills. Remember that people
are willing to pay a lot of money for certain
coins; they won’t buy from anyone whose website
is full of grammatical or spelling errors, or
doesn’t offer any sort of guarantee.
Affiliate Marketing
Selling coins online through your website using
affiliate programs is really the easiest way to
make money selling coins. If you can get traffic
to your site, then you can run affiliate links
that sell coins and make you "easy money" Some
examples are; EPN, CJ, Adsense, Link
Share, ClickBank and many more. Just find a good
domain name and get started!
Making money with coins the easy way can be fun and exciting. It will take some time to
build your business as well as your reputation.
Be patient; with consistency, self-discipline
and integrity, your profits will soar. Never
stop learning about the coin industry or
conducting business in general. There are always
new things to learn and new strategies to
implement.
Expert's Guide to Collecting & Investing In Rare
Coins
Red Book Guide to help with U.S. Coins
Coin Collecting for Dummies
Click Here for More Information on Rare Coin
Investing
Click here for U.S. Coin Price Guide
Go to
www.bestcoin.com
for great prices on all coins and currency.
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